Telemark
5 year old buck +
Small cap can have some wild swings. But if the merger goes through, will it swing back up?
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
Small cap can have some wild swings. But if the merger goes through, will it swing back up?
chummer
5 year old buck +
Did you read this? 5 of 6 analysts has it as buy, 1 has it as sell. They lowered the earnings forecast by .01 for 2025. I didn’t even know they went out that far. Maybe I read it wrong. That was a very positive article.
DermTech (DMTK) Earnings Date and Reports 2024
When is DermTech's next earnings announcement? View the latest DMTK earnings date, analysts forecasts, earnings history, and conference call transcripts.www.marketbeat.com
SD51555
5 year old buck +
Depends if the investors like it. I had pegged Duluth Holdings (DLTH) as a solid company years ago. I owned shares in them when they only had 9 stores and they were barely present online. They were growing by leaps and bounds, had no debt, and a nearly 60% gross margin. Sales were growing by 40% annually, they were opening stores at a manageable pace, and all were profitable right outta the chute. All I ever did was lose money on that stock. Buy at $17, give up at $10. Watch it go to $40, buy back in when it hits $20, give up when it hits $12. The company never faltered, but the stock got slapped around something awful.
Same thing happened with Sprouts Farmers Market (SFM). They came out swinging and were wildly successful. They were the common sense alternative to Whole
So I stay away from small caps. There is no method to the madness. Just fat kids sitting on skinny kids.
Telemark
5 year old buck +
Yeah I read it. I don't take any of that stuff as gospel. Stocks go up and down. I think Dermtech is one of the few that is still a good buy and has good future growth potential, so it's what I am moving into.
Gator
5 year old buck +
chummer
5 year old buck +
doubling capital gains tax among a few other socialist statements.
Gator
5 year old buck +
BuckSutherland
5 year old buck +
Looks like a good day coming for DMTK.
My stuff killed it yesterday. Looks good today too. Earnings this week from Apple and Amazon I believe. I have a fair amount of both. Tesla really had impressive earnings yesterday. Gamestop looks like its poised to go over $200. They announced the turn around plan yesterday AND issued 3.5 million shares and wiped out all of their debt and now have about $900 million in cash in the bank. Anyone shorting gamestop here is a fool.
My stuff killed it yesterday. Looks good today too. Earnings this week from Apple and Amazon I believe. I have a fair amount of both. Tesla really had impressive earnings yesterday. Gamestop looks like its poised to go over $200. They announced the turn around plan yesterday AND issued 3.5 million shares and wiped out all of their debt and now have about $900 million in cash in the bank. Anyone shorting gamestop here is a fool.
chummer
5 year old buck +
Big start for DMTK. I haven't found the news yet but rumor is they are reporting on phase 3 results for another product. This thing could fly as shorted shares have quadrupled the last 3 months.
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BuckSutherland
5 year old buck +
I bought some DMTK last week at $35 and 36. Looks like I should have more then 25 shares. 
. Hope you get yourself a nice steak tonight Chummer. You earned it.
. Hope you get yourself a nice steak tonight Chummer. You earned it.
yoderjac
5 year old buck +
Well...I think I'd say anyone playing either side of gamestop is a gambler!
I got out of my DMTK today. It was fun to watch it go up and down but I don't actively trade normally and I feel like this stock might just settle down at a price once the volatility ends and that settle down price may not be what people want. Hopeful for the company but the volatility at this market cap is gambling.
bwoods11
5 year old buck +
I have Apple as well, and this morning UPS is up $18 a share to $194.70. I think I bought it around $100. I feel UPS and Fedex are no-brainers long term.
chummer
5 year old buck +
Not the news I thought and not quite news yet. Apparently CIGNA is going to approve billing. This will be a big deal. I think 10% of population has CIGNA.I bought some DMTK last week at $35 and 36. Looks like I should have more then 25 shares.
BuckSutherland
5 year old buck +
Geez, I shouldnt have said anything about DMTK. Really crapped the bed in the after market.
chummer
5 year old buck +
No worries. One of theses stock twits put out a post that cigna denied approving it. Stock immediately tanked. That appears to be false. Who knows, it will shake out tomorrow. I did get chest pains when I was up 26k before market opened.
Gator
5 year old buck +
What data do you have that is false? Just curious as a small timer who doesn’t trust anything on the internet
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chummer
5 year old buck +
Multiple sources reporting it was true one internet nerd saying it wasn’t. I am still not clear today. Cigna covers tests recommended like DMTK but not DMTK. Apparently an advisor assumed it would be covered but has not yet. Several sources reported the conclusion he drew. Someone Should get a visit from the SEC.
John-W-WI
Administrator
I don't think the big boys like us playing in their pond. Us "idiots" are disrupting their cozy home and I love it (I don't use RH by the way):
www.reuters.com
-John
Personal Finance & Wealth Management | Breaking Stock Market News | Reuters
Find the latest personal finance & wealth management news from every corner of the globe at Reuters.com, your online source for breaking international market and finance news
-John
