The "Biden effect" may hurt the market and Stock talk on Inovio, Sorrento and Yamana Gold.

 

Market Talk

 

It's clear that the parties will not agree on stimulus until after the election. Some reported polls give the edge to the liberal tax and spend democrats. Corona is once again surging all over the world.  The deaths percentages are down, but renewed fear that the hospitals are once again becoming full with C19 patients causes lock down and hurts the economy.

Such uncertainty, fear and "the Biden effect" is having a recent negative effect on the stock market.

Stock Talk

The market and the mismanaged FDA and Operation Warp Speed (ows)  team  along with short sellers have had a recent bad effect of sp to some companies that are working to help bring an end to the C19 pandemic. Yet even still,  two companies stand out in my view as having a chance to overcome challenges and may yet deliver a safer vaccine and treatment for C19.

Inovio (INO) - INO4800 DNA vaccine is on hold while the FDA is reportedly looking into "questions" on the cellectra device to administer the vaccine. Inovio has a pipeline of clinical trials for cancer treatments using the same type of device and an EUA approval for a similar SARS virus (mers) as C19. To many observers, the FDA hold of INO4800 on "questions" in a Pandemic seems like  either mismanagement of power or corruption with Big Pharma involved. 

Sorrento (SRNE) -  has FDA cleared trials for giving C19 patients an antibody dose of CoviGuard (STI1499) at Temple hospital in Philadelphia.  Trials on additional refinements (eg, STI 2020) are starting as well. Other products are in the works such as for testing.

These two stocks have been under siege by shorts because in Inovio case, the FDA put a hold on the device although no serious adverse effects have been reported.

 In Sorrento's case , the shorts have attacked the sp because the company is pursing  a broad line of products to address C19 and bigger things such as lung cancer (STI5656), but the regulatory process takes time. 

While the two companies are working through regulatory process, the shorts have pounced upon the stocks. This keeps these two stocks in the speculative category.  However,  I suspect there is a fair chance things may turn around if, for example,  Inovio is cleared to start P2/3 of INO4800 and if Sorrento shows positive results with C19 patients in Philadelphia Temple hospital.

While I consider the above two stocks specs they are quite interesting to watch.

One stock that looks to be a fair investment to sustain sp on metals is Yamana Gold (AUY)  on Gold, silver and Copper. I hold some shares of AUY and may buy more on dips. Yamana is projecting higher production and is increasing the dividend.  Those are two fundamentals that appeal to me.  With ev's coming on- copper will be in demand.

 

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Electric Vehicles are coming no matter who gets elected - watching GM and NKLA.

 

Stock Talk

Electric vehicles are coming on. Tesla has worked its way as the leader and is currently trading at $431 per share after the split. The TSLA eps is listed as 0.39 and a PE of a whopping 1,118.

 

General Motors (GM) trades as $36 with an eps of $1.06 and a PE of 34.

 

Now Nikola (NKLA) is working a deal with GM where GM  would receive $2 Billion is NKLA stock for an 11% stake in NKLA and a board member. Now we all know what happened when a short seller uncovered how NKLA presented  their truck but it was rolling down hill.  The stock got slammed hard.  Fortunately we were "just watching.  However, NKLA answered, the CEO left and there are some apparently real development on ev's with outsourcing and serious contracts being planned for NKLA fleet trucks.

There are reports from  GM staff that talks are still on and there is favorable signs that the main point of discussion is share price of NKLA in the $2 billion deal.

It leaves me wondering what will happen to market share level of NKLA around Dec 3rd if the GM partnership goes thru?

hmmm..  maybe I will look at a few Dec 18 call options and on NKLA and take a shot that the deal gets done.

 Other stocks to watch :

• Yamana (AUY)gold and silver miner.

• General Motors (GM), coming on busting moves in the ev space.

•  just a few - INO and SRNE  call options (specs!) on the Inovio C19 vaccine and the Sorrento antibody STI 1499 now at Temple Hospital in Philadelphia as C19 is re-surging in Philly. (go Eagles! -sigh)
  

•  Dry Powder  $$$
  

 -watching that NKLA Dec18 call at strike 30 and wondering.

 

 https://www.investors.com/news/nikola-stock-gm-president-excited-badger-electric-truck-partnership/?src=A00220

 

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Choppy Market and Stock talk: Is it time to try a few call options on INO and SRNE- and let it ride ?

 

Market Talk

 

Several news sources are reporting the stimulus talks seem to be in question for anything to come by election day, Nov 3.  This on and off again stimulus game is getting silly with neither party wanting blame and ready to point fingers at each other.   I have been doubtful of an actual agreement before the election decision because of differences on how and where to apply stimulus. The repubs want it to go the the citizens and businesses in need and the dems want it to go the Democratic "tax and spend" States that want to bail out their highly indebted State balance sheets to further tax and spend.  I continue a cautious mode with regards to the market. However, I try to find opportunity even in a choppy market.

The C19 Pandemic is not going away.  Cases are re-surging in many areas of the country and the world.

Stock Talk

Yes, the C19 cases are re-surging in some areas the case numbers are tripling with more hospital cases. We have seen and experienced that 2nd tier small cap stocks that are working on bringing vaccines or antibody treatments have had quite a volatile ride and are heavily sold short as well. Anybody in stocks like Inovio or Sorrento that seem to have serious potential knows it has been a rocky path. For me as well.  With the FDA hold on Inovio's DNA vaccine candidate INO4800 and Sorrento's apparenly "Imminent" but stalled C19 hospital patients  getting STI 1499 antibody under FDA cleared Phase 1 testing-  the share price has tumbled in each.  I partially "surrender" in hope.  note word partially.  I am not completely counting the two stocks out.

Yes, I traded some straight up shares. But a few call options with a Dec18 strike of 17 for INO and Dec 18 strike of 12 for SRNE on pure speculation that Inovio may restart Phase 2/3 of the vaccine and Sorrento may get some positive buzz (or C19 funding) on their antibody candidates by then in recovering C19 patients. These are dicey gambles and with a few bucks in some, yes, have to be prepared to time out worthless. But if INO and SRNE start delivering expectations in November, watch out.  Yes , I have fomo and that's the way I roll in "some".

 

 Other stocks to watch (for me):

• Straight up some AUY , Yamana gold and silver miner.
  

• a small position in General Motors (GM), coming on busting moves in the ev space.

•  Dry Powder

 

 

 

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Stimulus or not before the election? That is the question and ... (trading notes on AUY and GM)

 

Market Talk

 

Do you suppose that a C19 stimulus package will be decided upon between the dueling republicans and democrats, and Donald and Nancy?  On one hand they may not be able to agree due due to vast differences.  On the other hand , they may want to pass some relief to give the next administration some time before the real democrat style agenda and they don't want the stock market to crash making it more difficult. Neither party may want to be blamed for that.  Nobody knows for sure. I am kind of doubtful, but the pressure is on for "something", so it may yet happen.

https://www.cnet.com/personal-finance/stimulus-negotiations-near-boiling-point-what-to-know-about-the-senates-tuesday-vote/

 Pay no attention to that man (and lady) behind the curtain.

 Stock Talk

 

Still curbing enthusiasm and  trimming speculative stocks SRNE and INO and moving more to Yamana Gold and Silver miner (AUY) and dry powder. 

Update: started a position in GM on electric vehicle moves.

 

 

 

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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The Market , politics and stocks may signal a "Curb your enthusiasm" approach for now and trading notes.

 

Market Talk

 

This is a quick market talk today.  This weekend we heard reports of both Donald and Nancy saying there may be 2 more days to work a deal on Covid 19 stimulus. Last week we heard the treasury secretary say no deal till "after the election".  Here is my take, neither the republicans or the democrats  agree on the specifics of just who gets it and how much. The democrats seem to want to bail out the long-standing ailments caused by  a history of overspending of democrat states and policy whereas the republicans want to stay with helping the economy and people get over the hump caused by the C19 pandemic.

I am doubtful there will be an agreement before the election and each party will blame the other on a poor state of affairs in country.  I am cautious on the market, making me feel like a "curb your enthusiasm " mode is in warranted. Meanwhile C19 is re-surging in many areas of America and all around the world.

 

In politics, sometimes, Trump's judgement is "off" as to the way he presents himself.   But still, I can't get behind the radical agenda of the liberal left socialists that claim they will control "good ol' Joe".

Stock Talk

 

Yep, some small cap stocks we thought may outperform are having a rough time .  The lines between forward projections, belief, hope and the reality of the present and the future can get hazy in the face of doubters and short seller hedge funds backed by paid short analysts. Indeed, it's not always an easy way while we wait for actual results and catalysts to happen that will answer the shorts betting on failure.

 

With the above, this is my take on some stocks I am watching and now trading. My position on Inovio stands for the near term to see if the following bullet point can play out:

• Inovio (INO)  -  waiting on the FDA hold of C19 vaccine INO4800 due to their questions on the device called Cellectra to administer the vaccine. This device has been used many times in previous trials and led to a successful outcome with EUA approval of their Mers vaccine INO4700 in S. Korea. Both C19 and Mers are a similar sars virus.  I suspect the Inovio replies to the FDA were submitted.  I am waiting for the hold on Phase 2/3  of INO4800 to be lifted. While the FDA has 30 days to reply it could be sooner.  My hope is that the FDA reply favorably at any moment or day considering that other widely touted vaccines from big Pharma are fledgling and held  with Adverse Effects. I still believe that Inovio's INO4800 may be the safest and most effective against C19 and variants. I am basing  this view on the DNA vaccine providing a more balanced natural protection with both neutralizing antibodies and targeted T- fighter cells of the immune system.

I sold some Sorrento (SRNE) shares because they are spread out on many fronts and the one I want to see, STI 1499 antibody enrollment was claimed to be "imminent",  yet with more C19 patients in hospitals I feel that it should have already happened.  They seem to be taking too long to implement stated plans.  My BS meter is starting to tweak.  That said , I still hold some SNRE waiting to see.
 My take on SRNE remains but the recent fade in share price and short attacks putting the CEO Dr. Ji on the spot to deliver something. I am using the FDA clearance to start STI 1499 antibody as my metric as a gauge of truth or BS. This is what I was and still am looking for but my enthusiasm is curbed by the recent downtrend of share price wondering if the short thesis has some merit.

• Sorrento (SRNE) - waiting on the imminent C19 patients in hospitals to receive the Phase 1 antibody STI 1499 in a one or two shot and recover quickly from C19. I am waiting for these people to walk out of the hospital talking about the Sorrento shot that made them feel better. (as time goes on  and the sp dwindles- my enthusiasm is being curbed.)
  

•  Yamana Gold (AUY):  I am buying a few shares of this gold and silver miner. It is now in the $5's the lower range of its recent trading between the 5's and 6's. With Gold and silver at the higher range, and increased production estimates and recent dividend increase, I suspect some AUY may be fair bet to hold some shares in a dicey market. 

 

When I lose faith in some stocks like I did on Vaxart,  I am tending to put some of that sale proceeds into AUY and $ cost average into the less volatile Gold and silver miner "to see". 

 

Now my overall enthusiasm is curbed.  However, I still especially await as a "long" in "just some" INO shares to see if the hold on INO4800 vaccine is to be lifted by the FDA.  In the meantime I am wondering if the FDA will be chagrined if S. Korea , China or Australia were to suddenly announce an Emergency Use Authorization (EUA) for Inovio's vaccine in ongoing trials, not halted.

I hate curbing my enthusiasm but I equally dislike losing share value and when warranted if I have to trim some shares to go to cash or something else, I will. It's up to the companies to either perform to expectations or not and when not, we all have to make some tough decisions.

 

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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The Jones report on The Market, Politics and Stock talk - signs to watch for on INO, SRNE and Yamana Gold

 

Market Talk

 

Hey now, did you all watch the town halls between Trump and Biden? Did you notice a difference between moderators?  Joe Biden was coddled with armchair style quiet questions.  Meanwhile, a shill for the liberal left named Savanna bitterly interrupted Trump with 43 questions to ten questions that the public got to ask.

"They" clearly used Savanna to set up Trump for a hard time.  But, Trump politely answered the questions with style and provided real insight in his replies. The audience seemed to be on Trump's side and man -  did Savanna look nastily aggressive.  Is that the role a moderator should take in such a format?  It was like she decided to be a force to represent hatred that the liberal left exudes.  But Trump won over the crowd and took the evening. Even one lady who at first came on with the preface that she did NOT vote for Trump last time, ended with complementing on his his "wonderful smile".

Yes,  the polls present the view that Joe Biden is leading by a fairly large margin.  I do not totally believe that the smart people of this great country really want to be governed by liberal socialists that want to sell out America to gain a one party Democrat system.  I sure do NOT.  I speak as  staunch INDEPENDENT. 

 

Stock Talk

 

Sometimes when in a stock that you think is a going to bring something that makes a big difference to the world and will be nicely rewarded, it can get tough.

 

The lines between forward projections, belief, hope and the present and the future can get hazy in the face of doubters and short seller hedge funds backed by paid short analysts. Indeed, it's not always an easy way while we wait for actual results and catalysts to happen that will answer the negative Nancy's betting on failure.

 

With the above, these are the main near-term catalysts and reasons I am in some of the following to see if they will happen.

• Inovio (INO)  -  waiting on the FDA hold of C19 vaccine INO4800 due to their questions on the device called Cellectra to administer the vaccine. This device has been used many times in previous trials and led to a successful outcome with EUA approval of their Mers vaccine INO4700 in S. Korea. Both C19 and Mers are a similar Sars virus.  I suspect the Inovio replies to the FDA were submitted.  I am waiting for the hold on Phase 2/3  of INO4800 to be lifted. While the FDA has 30 days to reply it could be sooner.  My hope is that the FDA reply favorably at any moment or day considering that other widely touted vaccines from big Pharma are fledgling and held  with Adverse Effects. I still believe that Inovio's INO4800 may be the safest and most effective against C19 and variants. I am basing  this view on the DNA vaccine providing a more balanced natural protection with both neutralizing antibodies and targeted T- fighter cells of the immune system.

• Sorrento (SRNE) - waiting on the imminent C19 patients in hospitals to receive the Phase 1 antibody STI 1499 in a one or two shot and recover quickly from C19. I am waiting for these people to walk out of the hospital talking about the Sorrento shot that made them feel better!

• Yamana Gold (AUY) - I feel with Gold and silver at these ranges and higher and Yamana  performing well with increasing production and pricing - that AUY will trend higher out of the current trading range around $6.  Yamana recently  raised the dividend and is on track for out performing the overall market.  When I lose faith in some stocks like I did on Vaxart,  I am tending to put some of that sale proceeds into AUY and $ cost average into the less volatile Gold and silver miner "to see".   I think AUY is a good bet or investment to be in some.
  

So does the above  make me a trader or a long?   It all depends on if the things I am looking for happen as they are all near-term events that yet need to play out soon.  I'd say I am a near term "long" to see.  And "if" the near-term catalysts work out, each has a strong pipeline to become a true long in some..

 

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Risk On: Is the "Biden Democrat effect" starting? Meanwhile , Cramer "mad money" on Sorrento tonight ?

  

Market Talk

Risk On.  No deal, for now,  on stimulus candy from the Democrats or Republicans.  Nancy and the Dems want to use C19 as an excuse to bail out all the blue states that have tax and spent their states like California and New Jersey into a Greece like state of debt. The democrat blue states want to tax everything from plastic bags and straws to death taxes and the air the people breathe.

Trump's treasury secretary, Steve Mnuchin, says no stimulus deal till after the election.  It seems like a hunker down mode is warranted.  So far this year, every time the market starts tanking, the two parties start talking nicer like a deal is near.  However, all bets are off this time.  Are they bluffing or playing hard ball until the election decides for them?  Each side wants to blame the other side for a poor economy.

Meanwhile, the C19 virus is picking up everywhere. Virus control is losing ground with more vaccine candidates being put on hold.

 Stock Talk

With the above market talk, it remains uncertain as to whether stimulus is coming before the election. Today, it seems unlikely.  For people that may fear a market turn down and feel a need to hedge their long stocks, there are etf's that are bull and bear on the market indexes or specific sectors like energy and financials. Some are Ultra ETF's on the bear side.  I will not mention specific ones or recommend these because they can change on a dime and are similar to gambling.  That said, when times happen where it seems like a severe downtrend may be coming, they can feel like a hedge to save some loss in a bear market.

Hey now, did I just hear on CNBC that Sorrento (SNRE) will be highlighted on the Jim Cramer mad $ show tonight?  I indicated just yesterday that SRNE conference call  may have lacked the style that shallow robinhood type traders cling to like suckling babies.  But I go  with FACTS.

The facts that I was looking for were presented, plus several bonus features. Their antibiotic STI 1499 is on track to be a one or two shot of hope for hospitalized patients suffering from C19. The C19 virus is surging again in hospitals all around the globe.  I am staying in some SRNE and Inovio (INO) until I see a reason not to. 

Speaking of Inovio (INO) , the previously touted "leaders" in the C19 vaccine front  like Astra/ Oxford and Johnson front are fledgling with FDA holds and serious AE's.   Meanwhile the hold on  Inovio's INO4800 was on questions on the INO Cellectra device that has been used in many trials and proven effective enough to pass muster in their  MERS vaccine INO4700 to gain EUA approval in S. Korea. The DoD had enough confidence in Cellectra to order $71 Million  for the military.  Hmmmmm.  Something does not quite add up with the FDA hold and many are pointing to bad politics within the FDA and Big Pharma alliances.  I am in some INO to see if they can overcome the bad juju of that unexpected FDA hold and get back on Phase 2/3 track.  Meanwhile, are the INO4800 trials continuing in Australia, S. Korea and China?  I am looking for the FDA hold on INO4800 to be lifted and a resumption could reignite investor enthusiasm on INO shares -  and,  the real enchilada is the Cancer pipeline of Inovio.

"Some" stocks for me at this time:

INOVIO (INO)

Sorrento (SRNE)

Yamana Gold (AUY)

Dry powder (cash) and an unnamed bear "some " hedge in case the markets tank again.

Staying tuned to change, it happens all the time!

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Trading notes. Sold some Vaxart (VXRT) and Bought some Yamana Gold (AUY) in the $ 6's today.

 

Stock Talk

 

Trading Notes:

• Sold  VXRT -  Why?  VXRT stated the hamster study on C19 showed that body weight and Lung function passed the C19 challenge.  Yet left out was any statement on antibodies in the hamsters.  Then they announce a $250 M stock placement to dilute shares.  This does not pass the smell test for me. I am out of VXRT for now at a break even. Both stocks are in the 6's today. AUY seems like a less risk than VXRT and AUY is possibly a safer long term potential gainer.
  

• Bought some Yamana Gold (AUY) in the 6's.  This stock has been on my watch list to see it can break out of the swing trading in the 5's and 6's.  If the Democrats get in as currently projected, I suspect gasoline, heating oil and commodities will be going much higher. ( Oh God, this independent surely hopes the phony Dems do NOT get in!) - On a Democratic win, gasoline  at $6 and higher will not surprise me. Gold at $5000 to $10,000 and ounce with silver much higher as well.  The election on Nov 3rd, if Biden wins, seems to be a forever (bad) change for America because their hidden agenda to change the way we count votes will mean a one party system leading to socialism.  AUY may go much higher and if it does, it may be a hedge to sky rocket inflation that the democrats will cause. These are my opinions and so I will roll into some Yamana Gold and see about accumulating on the dips.

• Added some Sorrento (SRNE)  in a cautiously optimistic view on their STI1499 antibiotic to treat C19. This is in defiance of the short sellers attacking it today. In today's view SNRE dips may be a "buy some" opportunity. key word:  "may" but I am in some SRNE to see.
  

• Maintaining Dry Powder as well.
  

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Stock Scuttlebutt on VXRT, SRNE, INO and AUY

 

Stock Talk

 

Scuttlebutt is messages and talk, some may be true and some may be just talk. I don't have time to verify everything.  But I am in "some" shares of these stocks that may have higher risk/ reward profiles at this time. "if" things work out , they could easily go higher  maybe even double or more - and "if" the things happen to waylay plans and progress they could suffer in share price.  Here is some recent "Scuttlebutt" on stocks I  watch:

VXRT : Starting Phase 1 clinical trial of the only oral C19 vaccine candidate cleared for FDA Phase 1. If successful, VXRT could be a game changer.  There was once an oral vaccine for polio.

 

SRNE :  Is Sorrento's STI 1499 antibody now part of a Regeneron antibody cocktail?  Does this  Regeneron cocktail patent include SRNE's ST-1499 antibody and help explain the recent surge of institutional investment in SRNE? Perhaps tomorrow's  SRNE presentation will shed light on this.

 

 INO:  The clock is ticking in the C19 vaccine race.  Is the FDA hold on Phase 2/3 clinical trial INO4800 soon to be lifted? Just FDA questions on the Cellectra device used for "Electroportation" of INO4800? this device has been used in many trials.  why now?  Is the Australian and S. Korea and China trials ongoing an October surprise to heavily shorted Inovio.  INO is down but may not be out of the race.  Safe and effective are words that keep me in "some", not "too much" INO stock.  the stock got slammed down on the sudden FDA hold.  But is a turnaround coming sooner than later? I'm still in some INO to see.

AUY:  Yamana Gold and Silver miner raised their divy and production is strong in  a period of loose global monetary policy due the pandemic everywhere.  A London exchange listing a coming. Is AUY finally approaching a breakout phase from the recent swing trading in the 5's and 6's? I am not sure but I suspect it may.

I am either watching or in "some" of the stocks I am posting on.  I don't pump stocks here. I encourage people to perform their own stock study. The key words I use are  "some" and "not too much."  All are speculative in nature with higher risk/ reward profiles.

Some of the above and cash as "dry powder" ?  I'm in some to see.

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Yamana Gold and Silver mining stock (AUY) raises Dividend.

 

 Stock Talk

 

Yamana Gold (AUY) has been kind of an interesting stock to watch from the sidelines the past few months.  It has been range bound in the upper levels of its historical chart in the 5's and 6's. Yamana seems to be delivering with higher gold and silver production and raised their annual dividend by 50%.

https://finance.yahoo.com/news/yamana-gold-announces-strong-third-203000885.html

I have observed that when AUY reaches the mid 6's , it sells off back to the 5's. Thus, I viewed AUY as a swing trader stock.  However, with increased production, higher gold and silver prices and the increased dividend , it leaves me wondering if AUY will finally breakout past the 6 's range.

 

 

THIRD QUARTER 2020 PRODUCTION RESULTS

	Third Quarter 2020 Preliminary Production
GEO Production (oz.)	240,466
Gold Production (oz.)	201,772
Silver Production (oz.)	3,040,341

.

AUY is on my watch list as a possible "some " stock.

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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Trump may yet WIN. Vote Democrat - IF you want to see gasoline and heating oil 4 X's higher

 

Market Talk

Will the market dump if Joe Biden wins?

 Vote Democrat IF :

• You want to see gasoline and heating oil  4 X's higher.
  
• You want to see the voting rigged to eliminate the long standing electoral voting system.
• You want to see sanctuary cities everywhere with sky high costs for a socialist agenda of free everything even though YOU paid for your OWN kid's college.
•  You want sky high taxes to support hoards of immigrants far beyond legal immigration standards
• You want to see the supreme court stacked beyond the 9 judges to support whatever the new regime wants to push down out throats.
• You want total government control of the US medical system
  
•  You want to see OVER 50 Trillion dollars of new US debt and high taxes to support democrat tax and spend.
• You want to see China controlling the US economy
• YOU want to see the end of the two party system with bought and paid for 30 Million new democrat "citizens" that come through "open borders" that the democrats want.
• You want to see socialist organizations like Antifa control the agenda of the new administration led by Bernie Sanders.
• You want a radical socialist government to try to eventually lead the US government into Marxist / communist ways.
• You want to see the democrats invoke the 25th amendment and put radical Kamala Harris into the Presidency.

As the election closes in , I am starting to suspect that the liberal news media is promulgating the impression that Biden is way ahead. I am not so sure.  When thinking people get into the polling booth, they may just think about the above radical agenda of the democrats and vote straight republican.

 Why do I say this?  When watching the Pence / Harris debate it was clear that Harris got her clock cleaned by the facts and challenges made by Mike Pence. Yet the rambling pundits on some of the news  networks went on and on about how Harris did better.  They are clearly biased. And as such the polls they state may be shaded from the truth.

 Change will happen - naturally and in the American WAY , but NOT if the democrats get in with hidden agendas.

Disclaimer:  I am am staunch Independent but I've had enough of phony democrats with hidden agendas and radical manifestos in this go around.

Stock Talk

 

Watching a few stocks:

Inovio (INO) - waiting on FDA resolution of questions on the Cellectra device to resume Phase 3 of C19 vaccine INO4800.  After the whipsaw fade due to FDA in Inovio sp, is it now a bad - news buy?

 

https://finance.yahoo.com/m/ddf7fe37-b0e8-3b61-8272-f79702c45486/is-inovio-a-bad-news-buy-.html

 

Sorrento (SRNE) - is taking a comprehensive scatter gun approach to several areas of C19 pandemic with monoclonal antibodies, testing and vaccines. Right now, the catalyst seems to be the FDA clearance to start a phase 1 hospital based trial of STI 1499 in patients with moderate case of C19.

https://finance.yahoo.com/news/covid-19-antibody-cocktails-become-160404368.html

 

Vaxart (VXRT) -  This stock floating in the 6's was cleared by the FDA to start a phase 1 trial of their oral vaccine candidate.  Vaxart is lagging the other vaccine companies. The main appeal is that VXRT is bringing an oral vaccine to the race that if successful would be a game changer to countries that can't support the need for super cooling required by the Pfizer and Moderna mRNA vaccines currently in Phase 3 trials.

https://finance.yahoo.com/m/ddf7fe37-b0e8-3b61-8272-f79702c45486/is-inovio-a-bad-news-buy-.html

These may be "some"  stocks for a speculative portfolio but not "too much"  stocks in the way I roll with the crazy stock market.

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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The market rallys on a "Sugar High" and a few "some , not too much " stocks I watch INO, SNRE, VXRT

 

Market Talk

The countdown to election day on Nov 3rd is getting closer. The polar divide getting wider.  Trump's message of warning of progressive socialist leaning notions for America is becoming clouded by personality and style. Meanwhile "good ol' Joe" has progressive / socialist democrats behind the scenes mobilizing and is ahead of Trump in the polls. This election may have a different outcome than the last.  More people seem to be leaning for "a change" perhaps not even realizing that the changes coming could mean an end to the American legacy and culture and that our parents  and grand parents fought and died for in WW2. Would our parents vote for a socialist?  Many young people do not appreciate that the American sacrifices made by " the greatest generation" in fighting tyranny in WW2 changed the future of the entire world and thus reset the future that we live in now for all people.

 

Looking at the new reality of the day, things have changed to where many of the younger generation has no real awareness of the past.  Groups like Antifa want to erase our history and culture and start anew. (Similar to what ISIS did in Iraq, destroying statues).  Antifa has a socialist Marxist agenda with ZERO room for other views.  Look at the videos of Antifa looting and harassing citizens in the streets. If Antifa are behind the democrats I want NOTHING to do with their policies and ones that will not disavow Antifa and say it's just an idea with "no people".  

 

With the above preamble, it look's like at this point, Trump may lose.  And the funny thing is that market's are starting to accept the notion of higher taxes, no borders, socialistic notions.  Or is it more likely a temporary sugar high on the notion of more Government stimulus and low interest rates?

Where is Trump blowing it?  I'd have to say he is failing on style of a bully in the way he tries to make points in the debates - and leave it at that. Some of Trump's  points are valid but the way he delivers them is kind of obnoxious.  Many women don't like that.  Trump can't win without the women vote. Also, he caught C19 and had a helicopter and Walter Reed medical team treating him 24/7. He comes out in a few days - "saying don't let Covid dominate you". That does not play well to an America that's been locked down with over 200,000 deaths as of this post. He is coming out of it and he was treated with the new class of experimental monoclonal antibodies and a steroid to suppress the immune system from going into overdrive.

So for now, I am lifting the notion of "the Biden effect" taking the market down.  If the polls are correct, Main street may just put in socialist democrats with sanctuary states.  The two party system will be done because they will be outnumbered by democrats bought and paid for by Bernie Sanders and high taxes.  The "sugar high" may continue but is it climbing on a house of cards like Venezuela?

Stock Talk

 

Watching a few stocks:

Inovio (INO) - waiting on FDA resolution of questions on the Cellectra device to resume Phase 3 of C19 vaccine INO4800.  After the whipsaw fade due to FDA in Inovio sp, is it now a bad - news buy?

 

https://finance.yahoo.com/m/ddf7fe37-b0e8-3b61-8272-f79702c45486/is-inovio-a-bad-news-buy-.html

 

Sorrento (SRNE) - is taking a comprehensive scatter gun approach to several areas of C19 pandemic with monoclonal antibodies, testing and vaccines. Right now, the catalyst seems to be the FDA clearance to start a phase 1 hospital based trial of STI 1499 in patients with moderate case of C19.

https://finance.yahoo.com/news/covid-19-antibody-cocktails-become-160404368.html

 

Vaxart (VXRT) -  This stock floating in the 6's was cleared by the FDA to start a phase 1 trial of their oral vaccine candidate.  Vaxart is lagging the other vaccine companies. The main appeal is that VXRT is bringing an oral vaccine to the race that if successful would be a game changer to countries that can't support the need for super cooling required by the Pfizer and Moderna mRNA vaccines currently in Phase 3 trials.

https://finance.yahoo.com/m/ddf7fe37-b0e8-3b61-8272-f79702c45486/is-inovio-a-bad-news-buy-.html

These may be "some"  stocks for a speculative portfolio but not "too much"  stocks in the way I roll with the crazy stock market.

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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The Jones take on "some" SRNE and INO, and a few sayings I use here.

 

Stock Talk

Today, there is an FDA update on the Phase 1 clinical study trial on Sorrento's single dose of STI-1499 in hospitalized patients with moderate Covid 19.

 

https://clinicaltrials.gov/ct2/show/NCT04454398?term=sorrento&draw=2&rank=3 

 

I will leave it up to the interested reader to think what just a few speculative shares in the 10's would be if the study results in patient recovery faster than normal and/or prevents them from progressing and death. This is a speculative notion and I use my favorite word "some" with caution and some optimism - cautious optimism. 

Caveats do not need to be said, however I will repeat.  not "too much" and we already know here- " something always happens".

All the above said,  "If the If's happen - "some may be enough."

From the Sorrento website: 

COVID-19 Treatment: COVI-GUARD (Neutralizing Antibody – STI 1499)

Sorrento is developing a Neutralizing Antibody which binds to S1 subunit of SARS-CoV-2 Spike protein. COVI-GUARD Fc region is engineered to eliminate interactions with host Fc receptors, thereby potentially decreasing risk of Antibody Dependent Enhancement of SARS-CoV-2 infection.

 Inovio Update:

 

Meanwhile, the market waits to see how things go with Inovio's progress in answering questions on the device called Cellectra to administer their DNA vaccine INO4800.

I am in "some" of both SRNE and INO  after trimming a few shares of INO on that severely  disappointing whipsaw from the FDA hold on the very day we were led by the overly confident CEO to expect a Phase 2/3 start.  As far as C19 vaccines go, I still believe that Inovio's INO 4800 has the potential to be the safest and most effective and practical-  to provide protection against C19 and the new variant.

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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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