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re: Stocks on your watch list
Posted on 8/6/20 at 8:25 am to hiltacular
Posted on 8/6/20 at 8:25 am to hiltacular
in which case the price of LVGO should be staked at 159.
I agree that’s the only thing that makes sense
post merger then the price at play is TDOC
I agree that’s the only thing that makes sense
post merger then the price at play is TDOC
Posted on 8/6/20 at 8:38 am to cgrand
Sold NVTA yesterday at $33.20 may re-enter at $30 if it drops again. Does it have anything coming up that will drive the price back towards $35/beyond?
Posted on 8/6/20 at 8:38 am to cgrand
I moved in on TDOC right before the start at 202.
This post was edited on 8/6/20 at 8:39 am
Posted on 8/6/20 at 8:41 am to hiltacular
quote:
Sold NVTA yesterday at $33.20 may re-enter at $30 if it drops again. Does it have anything coming up that will drive the price back towards $35/beyond?
i dont think so...just the archerDX deal to close.
this is a very (very) long term swing for me. still in infancy
Posted on 8/6/20 at 9:06 am to cgrand
really pissed that two of my winners TDOC and LVGO are bogged down with this merger. I think there's a high change LVGO shareholders don't approve it and then both companies get bogged down in litigation.
Posted on 8/6/20 at 9:20 am to GeneralLee
quote:
really pissed that two of my winners TDOC and LVGO are bogged down with this merger. I think there's a high change LVGO shareholders don't approve it and then both companies get bogged down in litigation.
think I read where the two groups that are the primary investors are in favor of it
Posted on 8/6/20 at 9:21 am to GeneralLee
Yep, watching LVGO the last two days is like watching a wild horse stuck in a pen. It wants to run so bad.
Posted on 8/6/20 at 9:23 am to cgrand
Interesting. So really it all comes down to the TDOC price at the time of the merger.
Posted on 8/6/20 at 9:23 am to TheChosenOne
the fact that LVGO management released the merger news, then had the blowout earnings is especially infuriating. They could have easily been at $170+ per share after that earnings report. ~10-20% easy was left off the table on the merger price. And to have it floating with TDOC valuation from now till close is another huge mistake.
Posted on 8/6/20 at 9:26 am to GeneralLee
quote:
the fact that LVGO management released the merger news, then had the blowout earnings is especially infuriating. They could have easily been at $170+ per share after that earnings report
this is why the market hates the deal, this week anyway.
i disagree with you on 170 though, it would have been 200+
Posted on 8/6/20 at 9:39 am to cgrand
Yep, they absolutely KILLED EPS. Was thinking in the $180 range.
If the deal stays where it’s at, then LVGO holders should sell if the stock price ratio of LVGO/TDOC exceeds 0.59. As I type this, the ration is roughly 0.63, so it would be advantageous to sweep all shares to TDOC. These next 4-5 months will be frustrating because I have a feeling that the ratio will be very close to 0.59 every trading day.
If the deal stays where it’s at, then LVGO holders should sell if the stock price ratio of LVGO/TDOC exceeds 0.59. As I type this, the ration is roughly 0.63, so it would be advantageous to sweep all shares to TDOC. These next 4-5 months will be frustrating because I have a feeling that the ratio will be very close to 0.59 every trading day.
Posted on 8/6/20 at 9:40 am to hiltacular
quote:
think I read where the two groups that are the primary investors are in favor of it
TDOC 90+% institutionally owned
LVGO 70+%
nothing i personally can do about this now but sit and wait, maybe buy more TDOC if it drops. i want to be optimistic
Posted on 8/6/20 at 10:15 am to cgrand
(no message)
This post was edited on 9/20/20 at 8:32 am
Posted on 8/6/20 at 10:29 am to Eric Nies Grind Time
Another ticker I’ll throw out that’s still about 50% off of it’s 52w high is VIAC. I’ve been adding since around $20. They are getting more into streaming, etc. With football (hopefully, potentially) coming back I think it will continue to climb. Most analysts are bullish as well. Add to that it’s a well known brand as opposed to these cloud, etc up and comers that we all now know and love.
Posted on 8/6/20 at 10:31 am to cgrand
Don’t know whether to add more DDOG on today’s dip or prepare for the onslaught with what I have as far as earnings go. Seems like with these types they can beat, but not beat ENOUGH and still tank, eh.
Posted on 8/6/20 at 11:09 am to cgrand
quote:
nothing i personally can do about this now but sit and wait, maybe buy more TDOC if it drops. i want to be optimistic
Same here. Unless TDOC announces some big news, it feels like we're in for some low volume, slow bleeding, and fluctuations with the general market until at least the stockholder vote.
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