dest's overwrite journal

[easymon1]

VZ, if in position before a news gap, good. If fda withholds, nvo 'bulk' should limit downside risk?

 

[vanzandt]

VZ, if in position before a news gap, good. If fda withholds, nvo 'bulk' should limit downside risk?

Depends.
But on a company this big, I'd say yes.
On a small one, no way. Bad news would cut it in half.

 

[destriero]

I'd meant to post this yesterday but I was running late for a flight.

 

[longandshort]

Um what does it matter re #drugs or whatever? All that matters is price action and trade management.

Many times I trade without knowing even the name of the company -- I just trade price action momentum in strong tickers.

I'm a trader not an investor

Price action is lagging.

 

[vanzandt]

I'd meant to post this yesterday but I was running late for a flight. View attachment 263271

Great intuition on that one.
I can say I thought the same thing, but no one would believe me.
I really did though.

 

[destriero]

Doc in Tahoe has 10% of her patients looking for Wegovy scripts. One patient recalled spending 11 HOURS over two days before reaching someone on NVO's call center to qualify for introductory offer. 40% of her interested patients will be paying 100% out of pocket as insurers like UHC do not cover weight loss meds.

That's the only limit to the growth story. The only way that NVO survives the year would be antitrust.

 

[easymon1]

 

[destriero]

NVO ATH on a crappy day for index. Hope you're all long AF.

 

[TrailerParkTed]

I'd meant to post this yesterday but I was running late for a flight. View attachment 263271

If we had bought MRNA when you bought last year in the $50s or $60s we would be up 600% by next week. Bought some NVO, your ideas always pan out bigly!

 

[Overnight]

NVO ATH on a crappy day for index. Hope you're all long AF.

I decided to go long AF on the index. Seems singular stock-names give more bang-for-the-buck. Fuk a duck. I hate me.