QQQ YTD Hourly Chart
QQQ YTD Hourly Chart shows low volatility consolidation.
Which way will it break?
May 15th tax deadline?
Which way will it break?
May 15th tax deadline?
BLI - Berkeley Lights - Short Report
Recently Scorpion Capital released a short report on $BLI Berkely Lights. I had not heard of $BLI before this. I did some digging and initiated my own position in this stock. What I found: The claim by scorpion of the flat revenue seems to be correct based on the information available from $BLI. q3 2020 - 18M q4 2020 - 21M q1 2021 - 18M q2 2021 - 19M It no longer trades at a 27x revenue multiplier but it's still at about 15x. This is quite high for a company that is losing money quickly (net loss is about the same as their revenue). It's worth noting that they do not have an annual report for 2020 posted on their site. I know they IPO'd in 2020 but still. https://investors.berkeleylights.com/financial-information/annual-reports Insider Selling: There has been an onslaught of selling coming from the CEO, CTO, CAO and a director. Chief accounting officer, that's always a red flag. I won't regurgitate things from the Scorpion report. Let's go to the chart: You ...
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