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re: ORGN- maybe worth a look

Posted on 11/11/21 at 5:26 pm to
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/11/21 at 5:26 pm to
Earnings beat expectations by a good bit. This could jump in the morning
Posted by SmackoverHawg
Member since Oct 2011
30979 posts
Posted on 11/11/21 at 5:28 pm to
Posted by GeneralLee
Member since Aug 2004
13947 posts
Posted on 11/11/21 at 5:39 pm to
quote:

Earnings beat expectations by a good bit.


Net income was positive $28M, but only from a non-cash change in the value of the earnout and warrants. The bigger movers imho were confirmation of accelerated construction of Origin 1 plant and capex within or under budget and offtake agreements increasing from $3.5B to $4.2B. A few analyst upgrades in the morning and we could see $10 soon.
This post was edited on 11/11/21 at 5:40 pm
Posted by SmackoverHawg
Member since Oct 2011
30979 posts
Posted on 11/11/21 at 6:12 pm to
quote:

accelerated construction of Origin 1 plant and capex within or under budget

That almost never happens!!!

quote:

offtake agreements increasing from $3.5B to $4.2B. A few analyst upgrades in the morning and we could see $10 soon.

Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/12/21 at 7:20 am to
Will be interesting to see what it does at PM today
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/12/21 at 8:58 am to
This is disappointing.

I don’t understand stocks sometimes. NVVE yesterday missed earning expectations and it went up a good bit. ORGN exceeded expectations with a lot of great news, and it goes from 7.90 to 7.50 this morning

Clown world
Posted by GeneralLee
Member since Aug 2004
13947 posts
Posted on 11/12/21 at 9:01 am to
Yeah it's all good was not selling this for a quick flip anyways. This is a 2-3 year hold for me minimum (I think it'll be north of $50 by then). Penny flippers gonna flip, what can you do.
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/12/21 at 9:05 am to
quote:

Yeah it's all good was not selling this for a quick flip anyways. This is a 2-3 year hold for me minimum (I think it'll be north of $50 by then). Penny flippers gonna flip, what can you do.


Oh I agree I’m not selling either. The penny flippers annoy me though I really was hoping for a push over 8 dollars this morning
Posted by GeneralLee
Member since Aug 2004
13947 posts
Posted on 11/12/21 at 9:09 am to
Yeah the NVVE stock action has been insane here lately. Somebody is just loading up and doesn't give a **** about earnings or market conditions. Crazy.
Posted by Black n Gold
Member since Feb 2009
15847 posts
Posted on 11/12/21 at 9:12 am to
quote:

The penny flippers annoy me though


Haven't you said that in previous post that you are essentially this?
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/12/21 at 9:40 am to
I do it in crypto. I will do a few quick plays but I can’t really do it because I don’t have enough in my brokerage acct to day trade regularly.

90% of mine are holding for long term. I do sometimes sell some shares (but not all) when I have a profit in order to give me money to buy another stock on a dip or a new stock I like because I have a weekly budget on how much I transfer out of my bank acct to my brokerage so sometimes I don’t have any available funds to purchase something I want. But I’ll go back and buy those shares I sold back on a dip when I get a chance
Posted by Black n Gold
Member since Feb 2009
15847 posts
Posted on 11/15/21 at 1:37 pm to
Anyone have a possible explanation for the dip. Don't see any chatter about it. Tempted to grab another 500 shares or so.
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/15/21 at 1:37 pm to
Wtf is going on with this stock today
Posted by molsusports
Member since Jul 2004
37188 posts
Posted on 11/15/21 at 1:46 pm to
There's nothing wrong with it IMO

I think it's just going to have a slow retail bleed, get bought up again by bigger players, rinse repeatedly
Posted by SmackoverHawg
Member since Oct 2011
30979 posts
Posted on 11/17/21 at 2:40 pm to
I’m up. So no problems here. I like the potential.
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/17/21 at 3:41 pm to
I’m up about 3%

Only stock today that finished in the green
Posted by deltaland
Member since Mar 2011
100864 posts
Posted on 11/23/21 at 10:57 am to
Anyone know why this stock has been steady going to shite since the good earnings report?
Posted by SmackoverHawg
Member since Oct 2011
30979 posts
Posted on 11/23/21 at 1:03 pm to
Cause I bought some.
Posted by GeneralLee
Member since Aug 2004
13947 posts
Posted on 11/23/21 at 1:08 pm to
Anything growth related is getting smoked bad...
Posted by SmackoverHawg
Member since Oct 2011
30979 posts
Posted on 11/23/21 at 1:10 pm to
quote:

Anything growth related is getting smoked bad...


Good. Cause I got cash and nothing else to spend it on.
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