Weekly Investment Letter #63 2019 📈🦈.

Newsletter Archive

Longs 

These are stocks we have been long for some time and the current BT doesn’t represent others entry prices, The BT is updated weekly for new subscribers to jump in and know when to get out.

These stocks tend to have 6 Month-2 years holding period and is suggested for larger capital Allocations in your portfolio.

This watch list will consist of 5 Longs.

Company: Take Two

Quote:$TTWO

BT: $95-$100

ST: $120 (short term) (long term = $200)

Description: Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels.

Short Interest:

Short Percent of Float

5%

Short % Increase / Decrease

-4 %

 

Tapes last week:4/5 bullish

News:

https://www.benzinga.com/markets/wiim/19/04/13487187/take-two-interactive-shares-are-trading-lower-after-the-company-announced-borderlands-3-will-be-avai

https://ir.take2games.com/news-releases/news-release-details/mayhem-coming-september-13-2019-worldwide-launch-borderlandsr-3?field_nir_news_date_value[min]=2019

https://ir.take2games.com/news-releases/news-release-details/1-million-line-wwer-2k19-million-dollar-challenge-during?field_nir_news_date_value[min]=2019

https://www.hyperxgaming.com/TR/company/press/article/43669?ArticleTitle=NBA%202K%20LEAGUE%20ANNOUNCES%20NEW%20PARTNERSHIP%20%20WITH%20HYPERX%20FOR%20ITS%20INAUGURAL%20SEASON%20-%20(4.30)

Company: Intec Pharma

Quote:$NTEC

BT: $6.90 (original hold) $7.25 Second entry

ST: $30 EOY [$12 after AP-CD Approval],[THC/CBD Phase 2- $30 on speculation]

Description: Intec Pharma Ltd., a clinical stage biopharmaceutical company, focuses on developing drugs based on its proprietary Accordion Pill platform technology in Israel. Its Accordion Pill is an oral drug delivery system that is designed to enhance the efficacy and safety of existing drugs and drugs in development by utilizing a gastric retention and specific release mechanism.

Short Interest:

Short Percent of Float

%

Short % Increase / Decrease

7 %

 

Tapes last week: 3/5 volume is picking up

News:

https://finance.yahoo.com/news/trio-indirect-cannabis-plays-100000896.html

Intec Pharma Ltd. (NTEC) is one of those life science companies. We’ve known for some time that it is eager to develop non-addictive cannabis-derived painkillers. Now, we know that the pills that Intec has developed can successfully deliver the right molecules in a controlled release format. An oral spray, on the other hand, needs a little more work.

Will either application method make it to the Food and Drug Administration approval stage? We’ll just have to see, but with the stock starting to move wild, it’s clear Wall Street is already catching on.

https://www.prnewswire.com/il/news-releases/intec-pharma-reports-positive-results-from-pharmacokinetic-study-of-accordion-pill-carbidopalevodopa-50500-mg-dosed-three-times-daily-300797804.html

https://ca.finance.yahoo.com/news/major-retailer-begins-sales-cbd-130000665.html

Company: Overstock/ Medici Ventures

Quote:$OSTK

BT: $20 Second allocation will be between $10-$14 pending how the stock trades this month expecting to be a very bearish April for OSTK 

ST: $40-$60 (A range nothing ever goes exactly to plan however we believe ultimately we can reach this high this year.)

Description: Overstock.com, Inc. operates as an online retailer in the United States. It operates in two segments, Direct and Partner. The company sells its products and services through its Internet Websites located at overstock.com, o.co, o.biz, and Pet Adoptions and Worldstock.com, as well as through third party logistics providers to international customers. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is headquartered in Midvale, Utah.

Medici Ventures manages Overstock.com’s investments in firms building solutions leveraging and servicing blockchain technologies.

Launched in 2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc., created to manage and oversee the company’s investments in firms building solutions leveraging and servicing blockchain technologies. Medici Ventures has a growing portfolio of groundbreaking new companies and tech businesses.

 

Short Interest:

Short Percent of Float

71.02 %

Short % Increase / Decrease

-4 %

 

Tapes last week: 1/5 very bearish until Friday

News:

https://thecryptoreport.com/overstock-coms-tzero-completes-issuing-its-security-tokens-to-investors/

https://www.benzinga.com/government/19/03/13369419/city-of-denver-to-pilot-blockchain-voting-app-in-coming-elections

https://www.benzinga.com/news/19/04/13468814/overstock-reports-tzero-has-named-elliot-grossman-ceo-of-its-upcoming-broker-dea

file:///C:/Users/Owner/Downloads/2018Q4-EarningsCall.V18.FINAL.pdf

https://www.tradingtechnologies.com/blog/2019/02/27/blockchain-beyond-crypto-a-conversation-with-tzeros-ceo-saum-noursalehi-part-2/

Swings

These are stocks we have a shorter time horizon on than the ones above, also these names are a lot riskier and will be more volatile than the others

These stocks tend to have 2-8 week holding period and is suggested for smaller-Medium capital Allocations in your portfolio.

Company: Inseego

Quote:$INSG

BT: $5.00-$5.25

ST: $6.00

Panic/exit price:$4.25

Description:  Inseego Corp. engages in the design and development of mobile, Internet of Things (IoT), and cloud solutions for large enterprise verticals, service providers, and small and medium-sized businesses worldwide. The company provides wireless 3G, 4G, and 5G hardware products that address various markets, including fleet and commercial telematics, aftermarket telematics, smart city infrastructure management, remote monitoring and control, wireless surveillance systems, security and connected home and fixed wireless access, and mobile broadband devices. Its products include 4G and 5G mobile hotspots, wireless gateways and routers for IoT applications, 1Gigabit speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices that are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure/manage their hardware remotely. The company also sells software-as-a-service (SaaS), software, and services solutions in various mobile and industrial IoT vertical markets comprising fleet management, vehicle telematics, aviation telematics, usage-based insurance, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include Ctrack platforms, which provide fleet, vehicle, aviation, asset, and other telematics applications; and Device Management Solutions, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their wireless assets by helping them to save money on personnel and telecom expenses. Inseego Corp. was founded in 1996 and is headquartered in San Diego, California

Short Interest:

Short Percent of Float

18.21%%

Short % Increase / Decrease

11 %

 

Tapes last week: 4/5 very bullish what made us buy in still bullish after the sell off

Inseego Option Alert: Sep 20 $10 Calls at the Bid: 2136 @ $0.201 vs 2077 OI; Earnings 5/7 After Close [est] Ref=$4.94(Monday march 18th)

News:

https://www.businesswire.com/news/home/20190109005637/en/CES-2019-Inseego-5G-NR-Solution-Portfolio

https://www.youtube.com/watch?v=kigeEfFAlWw

https://www.benzinga.com/analyst-ratings/analyst-color/18/09/12315392/canaccord-genuity-upgrades-inseego-on-rosy-revenue-grow

https://www.benzinga.com/markets/wiim/19/04/13479371/inseego-shares-are-trading-higher-after-verizon-announced-it-turned-on-its-5g-ultra-wideband-network

Company: Eventbrite

Quote:$EB

BT: $20.90

ST:$28

Description: Eventbrite, Inc. operates a ticketing and event technology platform in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

Short Interest:

Short Percent of Float

38.57 %

Short % Increase / Decrease

48 %

 

Tapes last week: 3/5 decently bullish

8:32:18am EB Block Trade: EB 500,000 @ $21.00(Friday)

News:

https://s22.q4cdn.com/238770421/files/doc_presentations/2019/Eventbrite-Investor-Deck-December-2018.pdf

https://www.fool.com/investing/2019/04/04/why-eventbrite-stock-plunged-352-in-march.aspx

https://seekingalpha.com/article/4249776-eventbrite-market-missing-important-kpi

https://seekingalpha.com/news/3448169-buckingham-names-square-top-pick-payments

https://finance.yahoo.com/news/steven-cohen-dives-deeper-eventbrite-224447076.html

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