GBA's "2021 Stock Phantasma"

This is going to be some 2nd QTR for Granite-- $20 mln bike lane and....

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WATSONVILLE, Calif., Jun 17, 2021--(BUSINESS WIRE)--Granite (NYSE:GVA) announced that it has been awarded the contract for the Oddie Boulevard/Wells Avenue Corridor Project by the Regional Transportation Commission of Washoe County (RTC) in Reno, Nevada. The project will introduce multi-modal transportation to a 3.2-mile-long corridor from Reno to Sparks. This award is one of several large projects in the Reno area in recent years, and further strengthens Granite’s working relationship with the RTC. The approximately $44 million project is anticipated to be included in Granite’s second quarter backlog.
 
April 15th->
Granite upgraded to Buy from Neutral at DA Davidson 04/15 GVA DA Davidson analyst Brent Thielman upgraded Granite to Buy from Neutral with a price target of $55, up from $35. The analyst states that the company is now past its accounting issues and its balance sheet is now "in order". Thielman also points to Granite Construction's accelerating bookings and bid activity in California along with its large project losses alleviating.

Stk is only $38... I think we have a repressed stk and infrastructure worthy investment!
 
Lemonade, Inc. (LMND)- Looks like it worked! $99---$108//
That was a nice bit of research & work on a weekend I hope lots of you took advantage.


107.75+5.86 (+5.75%)
At close: 4:00PM EDT
$108.00 +0.25 (0.23%)
After hours: 07:59PM EDT
 
Last thought Van-- Your old friend Chewy. Inflation is everywhere it's rampant it's out of control. Food inflation is at the highest levels since the 90's. When you eat out check that bill that fish that meat it's suddenly $2 higher... Dog food it must come there too.. Chewy I wonder it was a pandemic darling and went uber high... Now we are having a small re assessment of some oft hese stks .. PTON, PINS are being knocked around ETSY... nobody is talking about CHWY. They can probably deliver very reliable numbers but it won't be growing..<--- It can't.. but still... Moving into meds<--- and everyone signed up is re ordering// so churn I would say is nill at a certain point you just model the revenue stream and be fine with it.... $100 stk. I think so.

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Vtechno said:
When is the right time to get out of these biotech stocks?
More...

Could take a conservative approach with part of your position to lock in some profit.
Biotechs can be pretty crazy. :)
Buy the Jan2022 6/12 Call spread for .90 ($90) each.
Stock price is 7.15. You're buying it at 6.90 with the spread.
Risking $90 to make $510.
If price rises towards 12 you could roll the spread higher to lock more profit & raise the high limit.
Unfortunately they currently have 12 as the highest strike price.


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stonedinvestor said:
Vtech-
When is the right time to get out of these biotech stocks? This can easily go up to $12-15 overnight or within a couple of days but it can also go up to $40+ by end of year.

Ahhh the age old question. But look you have two positive outcomes and no negative outcome.

June 28 is this big Index re balancing and ATOS has been added to two indexes all the past week. I wonder if some selling comes after that. I think it could go back to $5.50.

Longer term... yea $11 stock with a chance at $200. ~stoney
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There is a negative outcome but I didn't mention it. Stock goes down to $1.50 or further like it did a couple of months ago and I have to ride it out for months, missing out on other opportunities since capital will be tied up in it. I'm swaying towards a trailing stop and then re-entering at a future date.
 
BKR88 said:
Could take a conservative approach with part of your position to lock in some profit.
Biotechs can be pretty crazy. :)
Buy the Jan2022 6/12 Call spread for .90 ($90) each.
Stock price is 7.15. You're buying it at 6.90 with the spread.
Risking $90 to make $510.
If price rises towards 12 you could roll the spread higher to lock more profit & raise the high limit.
Unfortunately they currently have 12 as the highest strike price.


View attachment 261555
More...

I need to learn options. I can't put the time in to learn now but probably in 1-2 years. Although I've been reading and understanding options this year, I don't feel comfortable yet using them. It's going to be a great hedging tool when I fully grasp them.
 
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