Q: On Oct 1, Beam Therapeutics announced an equity offering priced at $23.50/share; over the following days, the share price declined to as low as $22.24, i.e., below the offering price, though not as low as would reflect the dilutive effect of the new shares.
Yet today shares traded as high as $34.38; what, if anything, can we infer from this disconnect? Who would pay so much when new shares can be had at 2/3 the price?
Q: Recently heard that E-commerce is entering car selling and buying sector. Carvana Co. and Vroom Inc. are two US companies selling and buying cars online. I wonder if they are a rival to each other. If yes, who is the sector leader? What do you think of this space? investable?
Thanks,
Lin
Q: I am wondering about what stocks in the US you would see as cratering upon the announcement of an effective vaccine for covid. I see a significant vaccine breakthrough happening sometime within the next 6 months (or sooner) albeit with its attendant issues such as who gets it first, distribution, quantities, cost, etc but at least step 1 would be having the vaccine. I mean, just consider the gigantic effort being put into vaccine development. In particular, I'm wondering about buying ZOOM which now has a P/E in the 600 to 700(!) plus range depending on where you look. CNBC lists Zoom's peers among others as TEAM and DOCU which I already have full positions in. These all look wonderful to me now in a heavily covid world, but are they set up for a huge decline upon a significant vaccine announcement? Thank you.
Q: Hello %i and Thank you for your great service.
Is there anything you can tell me about the decline in Vertex Pharma to-day. It is down 20%. Would you consider this a good entry point??
Thank you
Steve
Q: Your thought on the LOOP short seller report ? I am wondering how such a small and unproven technology have managed to get listed on NASDAQ.
Thanks ! Martin
Q: Re todays acquisition announcement I assume this should prove to be a positive move for the company, and I assume the share issue is needed to complete the takeover. However, I am puzzled and do not understand the forward purchase arrangements that appear to accompany the deal. Can you explain the latter please and comment on their acquisition. Thank you.
Q: I am looking to deploy some U.S. dollars into a basket
of U.S. smaller cap stocks with growth potential as that
appears to be what you recommend in Canadian holdings.
That strategy appears productive. Would you be willing to
identify candidates for such a basket?
Thank you, Calvin
Q: Hi,
I was considering a small position in FSLY but didn’t get to buy my position. Luckily for me, I now see that the stock is down over 27% after hours, ( Oct 14th).
How bad does their guidance seem to you and is the stock still a buy once the dust settles?
Q: What are your thoughts about this company?its been very volatile lately ,but would you see an opportunity here?
The dividend is high,how safe is it.
Would you be a buyer?
Q: What do you think of the financials of this company ? It has had a tremendous price increase in the last few years . Buy more ? Sell some ? Hold ? Thanks.