From: ralfph | 8/11/2022 12:32:25 PM | | | | OT - very good take on the so called "trump raid" they now have recovered 27 boxes of government material from the former president. The response by the right is notable - certainly a double standard and the discourse is indicative of how out of touch many right wangers are. I was in conversation with an American vet last week - what stuck out was " You think what you read is nuts you should hear and see what I have to deal with in the vet community" Just do not count on sound minds, rationality and self preservation to be the fall back position that voters in the US will take. Crazy seems to be the go to position in these times. No clue what this means for investing, certainly beyond my comprehension. cnn.com |
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From: ralfph | 8/11/2022 1:59:17 PM | | | | HND - watching for an entry point. Wish I was doing as well as a couple of day traders who have been following me - one of them is darn happy with BHC and is up a few grand from Friday. The other one bought HND when I blew it off, he had done quite well but missed a sell, he then got stuck averaging down, he missed the sell by one cent (who has done that before) and would be a happy camper if he had just hit the bid. Interesting enough these guys do not follow any threads - just text amongst themselves and I get updates on evening walks or the odd text every week or so. |
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From: ralfph | 8/12/2022 11:04:47 AM | | | | MDNA once again from the "go figure" dept comes this bit of news
Medicenna Therapeutics Corp. has closed its previously announced marketed underwritten public offering of units of the company in Canada and in the United States at a price to the public of $1.50 (U.S.) per unit for aggregate gross proceeds to the company of approximately $20-million (U.S.), before deducting underwriting commissions and offering expenses, and excluding any proceeds the company may receive from the exercise of the underlying warrants. Pursuant to the Offering, the Company issued a total of 13,333,334 Units.
The stock is trading at $1.30 Canadian - the raise was done at $1.91 Canadian. Got to wonder why the 60 cent discount. So is the stock a good deal and going to run or is there bad news in the pipe? At this stage what is happening makes little sense. |
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To: ralfph who wrote (295890) | 8/12/2022 11:57:16 AM | From: kidl | | | Pondering these sort of questions paves the path to insanity.
I have a similar situation with KRR. Recent oversubscribed $4.80 bought deal now trading at $3.28 with a recent (likely overbought) high of $7.50. Even after considering reduced POG and increased COVID and energy related costs, I can’t make sense of it and I have actually stopped trying. |
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To: Gib Bogle who wrote (295896) | 8/13/2022 1:23:46 AM | From: ralfph | | | Nothing wrong with posting it here. We need to be flexable and look at a variety of sectors when investing. At times a move in a sector we do not follow provides us insight into trends that we can apply to our area of focus. Other times we may find something worth parking a few bucks on.
Investing input is all ways welcome.
edit: taking a rope course - going to burn up my whole weekend doing so. Did not want to do it but the guy running it is great which helps turn what could be a grind to something valuable. |
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