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    Stocks - r/Stocks Daily Discussion Monday - Aug 03, 2020

    August 03, 2020

    Stocks - r/Stocks Daily Discussion Monday - Aug 03, 2020

    r/Stocks Daily Discussion Monday - Aug 03, 2020

    Posted: 03 Aug 2020 01:09 AM PDT

    These daily discussions run from Monday to Friday including during our themed posts.

    Some helpful links:

    If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned.

    Please discuss your portfolios in the Rate My Portfolio sticky..

    See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday.

    submitted by /u/AutoModerator
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    I made a website and scanner to help you detect unusual volume activity

    Posted: 03 Aug 2020 10:01 AM PDT

    Looking at a certain popular camera company, there was a pretty massive spike the day before the news came out. I'm not an insider, so I was caught completely unaware before it made headlines. To combat this, I wrote a python script (and now adapted it to a website) which scans every ticker on the market, gets their last 6 months of volume history, and alerts you when a stock's volume exceeds 10 standard deviations from the mean within the last 3 days.

    ​

    Here is my source code

    Website URL is: https://unusualvolume.info/

    submitted by /u/SamPom100
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    Thoughts on aviation from inside the industry

    Posted: 03 Aug 2020 07:41 AM PDT

    I see a ton of talk and speculation on this sub about airlines - some good but some totally wrong and showing a clear lack of understanding of the industry instead, but more so how COVID is affecting it. I am an experienced airport operations manager who holds a BS in Aviation Management, so I hope that I can provide a bit of insight. I'm not a financial advisor so I can't advise you to actually buy or sell anything. A lot of my info is coming from internal docs so I can't share them as they contain information that can't be shared. The information I share is likely verifiable with other public sources.

    Obviously we're all aware that traffic is way down. But to show you how much it is, in the USA the daily average passenger throughput at a commercial service airport this time last year was approx 2.5M. The past four weeks have been hovering at ~750K and are now starting to decline with the most recent data showing just shy of 700K and likely declining through September. Speaking of, airlines have been publishing massive schedule reductions (feel free to buy a Diio subscription if you want data) through September and continue to do so week after week. There is some hope in that the October schedule is being elevated but my personal take is that they are just pushing the schedule in hopes something changes. Hawaii flights have been doing this for months - just having their schedules pushed each month Hawaii renews their quarantine orders. The only somewhat stable international travel I've noticed is Mexico flights which are, for something reason, even growing in some capacity. All of this is to say that just because your state is opening doesn't mean that air travel is returning yet. In fact, I see it declining until the holiday season which is actually normal in a seasonal sense, but is much more drastic right now.

    Does that mean you shouldn't invest in airlines? I don't think so. I think that there needs to be a bit more waiting as the aviation industry tends to lag behind general industry and we'll see some more discounts on airlines like we did back in March. EXCEPT for maybe Southwest because they have insane cash reserves. Also remember that airlines are not "too big to fail" in the financial sense, only the laymen sense. I see a ton of talk on this sub like "Trump would never let American Airlines go under!" It's not up to Trump, and he would - especially if he had a shiny penny to make off of it. Airlines go under all the time. American is actually a conglomeration of bankrupted airlines at this point. American as a label will probably exist forever, but they could bankrupt and send shares to $0 in the process.

    This does not mean that aviation is doomed forever as I've seen on this sub. Do you really think that the fastest and safest transportation method known to modern society will stay dormant forever? Even if Covid never ends our society will perform its own large scale Darwinism experiment. People will fly to Disneyworld or wherever regardless as long as someone is willing to sell them a ticket.

    Im sorry that this post became more of a rant, but I had no real focus for it in the first place. Let me know if you have questions and I'll try to answer.

    Edit

    just finished some Monday reporting and August continues to bleed air traffic as well, as well as continuing to more in sept with pushes to November for resuming service on some routes.

    As I added in another comment chain - cargo is king right now. Thanks to the explosion in e-commerce, airlines are starting to spread out to keep operating and are even filling seats with packages. Domestic US airlines will probably only carry USPS (or affiliated) items as at least at my airfield FedEx and UPS have their own dedicated flight departments. Speaking of, FedEx and UPS are obviously huge global cargo handlers! Along with DHL as well.

    Wow I didn't expect this post to get this kind of attention. Sorry if I didn't get around to replying to you

    submitted by /u/CoalFlavored
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    MSFT Confirms talks to Buy TikTok

    Posted: 02 Aug 2020 04:36 PM PDT

    This should get interesting as Microsoft venturing into the social media field. Facebook is still powerful but they have lots of negative press and Instagram is getting kinda boring. I like the move to appeal Microsoft to the younger Gen.

    submitted by /u/follow-spy
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    Fastly vs. Cloudflare: The Pre-Earnings Rundown

    Posted: 03 Aug 2020 12:22 PM PDT

    In a recent post I did on AMD, some had expressed interest in a write-up on Cloudflare. I wasn't going to write anything since I am long NET, but then I saw Fastly up around 13% today ahead of its earnings on Wednesday. With both Cloudflare and Fastly reporting this week, I thought the timing was apt to compare these two as they've pursued different approaches to building their networks. And I happen to believe that while Fastly's heavy focus on speed/performance does offer some advantages in the CDN market, the real opportunity in these names (as well as Akamai for that matter) is the edge computing market – not CDN.

    Summary up top and full breakdown below:

    Summary

    • While Fastly's focus on speed and customization offer the company an advantage in targeting large enterprise customers in the CDN market, Cloudflare's more balanced approach to bundle security, performance, and ease-of-use is likely to lead to advantages in edge computing market.
    • Although similar, CDN and edge computing are not interchangeable terms. According to industry forecasts, the edge computing market is projected to grow from $3.5bn in 2019 to as high as $100bn by 2030. Some analysts estimate that edge computing could see a similar rise to that of the public cloud over the past ten years. By comparison, CDN market is currently over $13bn and expected to reach $25bn by 2025.
    • Investors buying Fastly today are paying a higher multiple for a company that is growing at a slower rate with fewer revenues. When considering Cloudflare's 77% gross margins (compared to 57% for Fastly), the exposure to the Chinese market, and the its competitive positioning in the higher-growth edge computing market, Cloudflare offers long-term investors a higher price ceiling.

    Breakdown

    I think one of the major reasons why Fastly is up over 430% YTD and Cloudflare over 145% is because most analysts were slow to pick up on the full extent of the end market(s) these companies are exposed to. I also think there has been some conflation in terms of the technology. Even now, I see CDN and edge computing used interchangeably when they are not necessarily the same. While similar ideas in that they both leverage edge servers (servers placed at a closer geographical proximity to the end-user or device), the use-case is not necessarily the same. Think of a CDN more so as a particular application or use of edge computing. To this point, multiple CDN players (Akamai, LimeLight, CDNetworks) have made recent moves into the broader edge computing market.

    Broader is the keyword here, because whereas CDNs cache web content (videos, photos, etc. from a website to speed its "delivery" to the site's visitor), the hype surrounding edge computing is more so tied to 5G and the Internet-of-Things rather than primarily websites or SaaS applications necessarily. To be more specific, the value proposition of IoT is the vast distribution of sensors and real-time collection of data. Positioning edge networks closer to the IoT devices can enable faster industrial or logistics solutions.

    Those familiar with Fastly will be aware that they offer (or offered) the fastest cold start times (this just means the time it takes for an application to start up and be responsive to user input) of any serverless network application (CDN or edge) at 35 microseconds. Fastly claims that they are the gold standard for speed and performance and superior to AWS, Azure, Google, and Cloudflare. This approach has been successful, especially in targeting large enterprise customers. Fastly has a much larger average customer size relative to Cloudflare.

    While Fastly has recently expanded their security offerings as they further develop their edge platform, Cloudflare's strategy from the onset has been to balance performance, speed, and flexibility. Why does this matter? The major drawback to edge computing is that it greatly increases attack vectors for network intrusion. 5G will enable an extremely rapid proliferation of IoT devices. According to the Telecommunications Industry Association, by 2022, more than half of all internet-connected devices will by IoT machines. And IoT device operators will absolutely prioritize security of their industrial and logistics applications, especially as most computing applications (websites, programs, etc.), are not really as sensitive to latency at the speeds we are talking – i.e. the user/operator can't actually discern the speed difference on their end.

    IoT operators (industrial, logistics, transportation companies) won't be focused on consumers doing e-commerce or going on Reddit. They will be collecting zettabytes of structured and unstructured data to push upstream so that they can manage their assets more efficiently and securely. Fastly's network utilizes fewer servers to increase efficiency and speed. Although that is great for Twitter, this lowers the network capacity to mitigate DDoS attacks (the most common IoT attack). Cloudflare has more points-of-presence and network capacity versus Fastly. This combined with their more expansive attack logs (Cloudflare services a far greater number of web properties than Fastly) and more mature security product portfolio, gives their network architecture numerous advantages for the edge computing market. This is all ignoring the fact that Cloudflare announced last week zero nanosecond cold start times for its edge computing platform which totally undercuts the Fastly speed advantage anyway.

    The CDN market is larger today. Prior to COVID and the work-from-home demand boost, estimates tagged it at around $13.3bn. In comparison, the edge computing market was only $3.5bn in 2019 according to Grand View Research. Looking towards the future though? The CDN market is forecasted to hit $23bn plus by 2025, while the edge computing market is seen hitting $43bn or more in 2027. There have been recent reports that suggest the rise in the edge computing market over the next 10 years could even rival the growth in public cloud over the previous ten years (led by Amazon, Microsoft, Google). And Gartner believes that by 2025, three-quarters of enterprise-generated data will be created and processed at the edge. If you stop and think how much data has been created in 2020 versus just a few years ago, that is truly staggering growth.

    The above comments gloss over the fact that there are also some very real reasons why a CTO or purchaser would select Cloudflare as a CDN over Fastly. The other big advantage Fastly has over Cloudflare (and Akamai) is it is much more customizable for developers. For web applications that are very high-level enterprise grade or extremely sensitive to latency, it absolutely makes sense to go with Fastly. However not all use-cases for a CDN require that level of customization, and there is quite the vertical learning curve for developers to learn the Fastly platform. Cloudflare also has more flexible pricing tiers (including a free tier) for customers who may not need the premium features. In short, there is a much wider range of use-cases that Cloudflare can cater to with its CDN platform relative to Fastly. I think this is evidenced by the fact that Cloudflare has far more customers (number not size) in addition to a much bigger developer community on Stackflow.

    This all gives Cloudflare more potential to scale with its CDN customers and cross-sell its more diverse product portfolio. Again, Fastly certainly has a very strong presence in the large enterprise market. And for many, the performance and customization offered by Fastly will be a decisive factor when it comes to which CDN provider to choose. But I do think that Fastly has very much built itself to be the premium provider when a lot of customers are totally happy with a marginally slower cold start time if it means more flexibility on cost or ease-of-use.

    At the end of the day, what this boils down to is which end market are you more bullish on: CDN or edge computing. For the record, I think over the next five years Fastly has a great opportunity to keep up the momentum. Its performance YTD would scare me a little bit in the immediate term because I think these levels assume continued growth acceleration or more guidance raises. But the CDN market is projected to keep growing at a healthy clip. And like I said, there are definitely some clear use cases for Fastly.

    I just happen to think that Cloudflare has a much, much, much higher long-term ceiling (thinking next 10-15 years) when you look at its natural advantages in the edge computing space and the enormous potential of that end market. Also of note, Cloudflare is slated to nearly double its global data center footprint over the next 3 years through its joint venture in China with JD.com. And whatever you think of China, its undeniable that there will be a data explosion there as internet penetration goes from the low 60% it is today to someday rival western countries.

    Fastly is interesting, but when you look at the fact that Cloudflare has 77% gross margins compared to 57% for Fastly, you are ultimately paying a higher EV/revenue for slower growth, fewer revenues, one-fifth the cash, and significantly weaker margins. Good luck to all!

    submitted by /u/bumblebear3012
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    Cruise stock

    Posted: 03 Aug 2020 07:09 AM PDT

    So let's just say I have a little too much invested in Norwegian Cruise Line stock and I'm curious to the possibility of businesses like this either never returning to their pre Covid line or flat out going bankrupt. My opinion on this is to hold tight and not worry about the losses until they are able to bounce back and my question is whether or not this is a good option or either feasible.

    submitted by /u/CommunityShower
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    DPHC could be next spac to jump big after merger with Lordstown Motors Corp.

    Posted: 03 Aug 2020 07:51 AM PDT

    Thoughts on Microsoft after this mornings pop?

    Posted: 03 Aug 2020 08:10 AM PDT

    Unless you've been living under a rock I'm sure everyone has been aware of Microsoft being interested in acquiring TikTok. After going up around 4% this morning, I was just curious as to what people's predictions were for MSFT going forward.

    submitted by /u/Shxuny
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    RLF.SW / RLFTF News: This might be the breakthrough coronavirus cure we’ve been waiting for

    Posted: 03 Aug 2020 08:20 AM PDT

    Headline: This might be the breakthrough coronavirus cure we've been waiting for.

    Text Quote: "No other antiviral agent has demonstrated rapid recovery from viral infection and demonstrated laboratory inhibition of viral replication"

    https://bgr.com/2020/08/03/coronavirus-cure-rlf-100-aviptadil-phase-3-trial/

    More Information:

    https://www.reddit.com/r/stocks/comments/i2ktdi/sixrlf_otcrlftf_relief_today_announced_that/

    ​

    Please do your own due diligence and research before you invest!

    submitted by /u/glaciersurfer
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    Would it be safe to assume that MSFT is most likely going to make the TikTok deal?

    Posted: 03 Aug 2020 09:26 AM PDT

    Tiktok is one of the most trending sites worldwide. With issues of security, MSFT has consulted with Byte dance in order to reach an agreement for a sale.

    Recently as a few days ago, MSFT is still very persistent in their goals to purchase tiktok. https://www.nytimes.com/2020/08/03/business/dealbook/tiktok-microsoft-takeover.html

    Other articles suggest that MSFT will try to seal a deal before September 15th (6weeks). https://www.cnbc.com/2020/08/03/microsoft-confirms-talks-to-buy-tiktok-in-us.html

    (There's like 50 more articles on these topics I've been reading up on, but too lazy to go back and find them all.)

    In my opinion, I think MSFT will purchase Tiktok on the fact that the USA plans to ban it, the USA is a huge consumer for the app, losing USA users would drastically drop profits, so it makes sense that Tiktok will be pressured into selling their app.

    So here are my other questions:

    If Tiktok is aquired by MSFT would this be a great longhold to add to my portfolio?

    ​

    Sorry if this isn't sound enough, had like 5 minutes to whip this up.

    submitted by /u/SouthernCriticism
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    Jumia Trading HIGH AF at $21

    Posted: 03 Aug 2020 01:42 PM PDT

    All new high today for $21 from JUMIA! What is happening and what is the target price for this Company, will it drop after its earnings report on August 12th ?!?!

    submitted by /u/iamnickycharles
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    FAANG stocks with most room to grow?

    Posted: 03 Aug 2020 04:55 AM PDT

    Obviously, a lot of these company's stock prices have continued to rise post earnings to all time highs.

    Whats everyone's opinion on which blue chip stock is still the strongest buy with the most upward potential left over the next few years? I know they are all good but I'm curious what stock people think has "the most meat left on the bone". Just looking to start a discussion.

    submitted by /u/idontfuckwithstupid
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    Is it better to buy AAPL before or after the split theoretically?

    Posted: 03 Aug 2020 10:57 AM PDT

    Sorry, I'm here here and hope this is valid and allowed. My reasoning here is that it may go up further once it splits because it becomes cheaper, and more accessible to some investors. Thank you in advance.

    submitted by /u/spottyottydopalicius
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    Should I invest in Microsoft if they’re buying TikTok?

    Posted: 03 Aug 2020 02:07 PM PDT

    I recently started to get into the whole stocks thing. I don't know much but I know TikTok is probably the top social media app at the moment and if microsoft buys it does anyone think the stocks will increase?

    submitted by /u/chasebrooks00
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    I'm 20 years old, should I bother with ETFs?

    Posted: 03 Aug 2020 08:34 AM PDT

    About 10% of my portfolio is invested in VOO currently.

    I'm wondering if I should reallocate that money into individual stocks or not. I understand risk and diversification, etc.

    At a young age would you recommend doing all individual stocks?

    submitted by /u/MoreRemote
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    FSLY and LVGO

    Posted: 03 Aug 2020 09:59 AM PDT

    Both FSLY and LVGO have gained a lot over the last couple of days, probably because of earnings coming out this week. What is the play here? Wait for earnings or sell sell sell? I originally wanted to keep both of these stocks for the long run, now im not too sure...

    submitted by /u/popjohn___
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    Should i cut my losses? NCLH CCL

    Posted: 03 Aug 2020 12:00 PM PDT

    I picked up Carnaval Corp & Norwegian Cruise a month or so ago @ around $16-17 after they returned to earth. Clearly i was too egar, not looking great now at $13. Do you guys think i should just cut my loss now & go back in later? I remember someone posting they think the target for the pair is around $8.

    I hope you all had a great green Monday!

    submitted by /u/6Vinatieri
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    How to find good dividend stocks!

    Posted: 02 Aug 2020 06:30 PM PDT

    Dividend investing is a great way to grow your wealth or earn cash to help pay for everyday expenses. Think of dividends as a "thank you" from the company as they are rewarding you with cash for simply being an investor/shareholder. It is important to look past the dividend yield and fully understand the dividend dollar amount the company pays and if they can afford to continue to pay and grow it in the future. Below is the checklist I use when analyzing a dividend paying company:

    Step 1: Calculate the Payout Ratio - Payout Ratio = Dividends paid / Net Income - This ratio shows what percentage of a company's net earnings they are paying out in the form of a dividend - We typically like to see 50% or less. The more a company pays out in dividends the less they have to reinvest and grow the business

    Step 2: Calculate the Cash payout ratio - I like the cash payout ratio better than the traditional payout ratio because cash is less easily manipulated than net income - Cash payout ratio = Dividends paid / (Free Cash Flow - Preferred Dividends), where Free Cash flow is Cash Flow from operations - Capital Expenditures - This ratio shows what percentage of the company's free cash flow they are paying out in the form of a dividend - Again, we typically like to see 50% or less. The more a company pays out in dividends the less they have to reinvest and grow the business

    Step 3: Look for positive Earnings per share (EPS) growth - We want the company to be in sound financial position and a company that is growing its EPS is likely to also grow its dividend in the future - More earnings = more the company can pay in dividends or reinvest in the business

    Step 4: Look for growth in Free Cash Flow (FCF) - As with EPS growth we want a company to be growing its free cash flow over time as well - More free cash = more opportunities to pay dividends or grow/scale the business

    Step 4: Look for dividend growth - We don't want to look at a dividend that never grows! We want to find a company that is growing their dividend over time - Don't just go for companies with high yields, often times companies with lower dividend yields are better investments as they are growing not only their dividends, but there EPS and FCF faster as well

    Step 5: How is the company's debt situation? - Don't invest in companies strapped with debt. Ultimately if they cannot afford to pay their debt then how are they going to pay the dividend?

    Remember that no metric should be viewed in a vacuum, but rather as part of a fundamental analysis evaluation before investing in a company.

    submitted by /u/JWM937
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    NIO Stock

    Posted: 03 Aug 2020 12:28 PM PDT

    Today saw some news that NIO delivered over 3k+ vehicles in July. Knowing that this stock has fairly good backing and continuous growth despite the past bankruptcy reports, this may be a good stock to grab. With TSLA at its current price, would this be a good discount stock?

    submitted by /u/mastamaven
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    SPCE

    Posted: 03 Aug 2020 12:13 PM PDT

    So once again I'm just a lil newb girl and really don't know all the logistics. But SPCE is supposed to be coming out with earnings after close. And if space x goes public it should eventually sky rocket. Do y'all think I should go all out ?

    submitted by /u/thatjabronie
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    PFE

    Posted: 03 Aug 2020 08:23 AM PDT

    I really don't understand this stock if Moderna Biotech or some of these other turd companies sneezes the company goes up 30% but this company wins over and over and goes absolutely nowhere. Someone educate me on why and if I should continue to wait for this companies day. They seem positioned better to benefit off this than anyone else and have played everything perfectly so far.

    submitted by /u/TheEmbalmer3
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    Cannabis Countdown: Top 10 Marijuana and Psychedelic Stock News Stories of the Week

    Posted: 03 Aug 2020 02:01 PM PDT

    Welcome to the Cannabis Countdown. In This Week's Edition, We Recap and Countdown the Top 10 Marijuana and Psychedelic Stock News Stories for the Week of July 27th – August 2nd, 2020.

    10. U.S. Pot Stocks Are Heating Up and This Lesser-Known Cannabis Name Looks Poised to Catapult to the Top

    Many Investors Placed Their Bets on the Illinois Cannabis Market, But Michigan is Now Surging, and When All is Said and Done, the Great Lakes State Could Be the Come Behind Winner

    By September 2020, Michigan will generate $390 million in adult-use sales and nearly $1.5 billion by the end of 2021 before maturing into a $3 billion industry over the next few years. An effective combo of being in the right place, at the right time, with the right people has seen burgeoning multi-state operator (MSO), Red White & Bloom (CSE: RWB) (OTCQX: RWBYF) establish a dominant 22% market share in Michigan's cannabis market.

    READ FULL RWB MICHIGAN ARTICLE

    9. Will Cannabis Entrepreneurs Switch to Psychedelics?

    The Psychedelics Space is Heating Up, and Major Players Have Taken Notice

    The market is bolstered by a growing number of Psychedelics reform movements across the U.S., as well as an increasing number of market participants, including names like Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FRA: 496), Hollister (CSE: HOLL) (OTC: HSTRF) (FRA: HOB) and Revive Therapeutics (CSE: RVV) (OTCPK: RVVTF) (FRA: 31R). Cannabis firms and notable sector leaders are joining the market. Notable names include former Canopy Growth (TSX: WEED) (NYSE: CGC) (FRA: 11L1) CEO Bruce Linton, now a director at MindMed (NEO: MMED) (OTCQB: MMEDF) (FRA: BGHM) and chairman of the advisory board for Red Light Holland (CSE: TRIP) (FRA: 4YX).

    READ FULL PSYCHEDELICS INVESTING ARTICLE

    8. American Cannabis Operator Stocks Soar 27% in July

    Adding to a 29% Gain in Q2 Despite a Pullback in June, the American Cannabis Operator Index Rocketed Higher in July, Increasing 26.7%

    The four best performing Cannabis Stocks included Planet 13 (CSE: PLTH) (OTCQX: PLNHF), cbdMD (NYSE American: YCBD), TerrAscend (CSE: TER) (OTCQX: TRSSF) and Curaleaf (CSE: CURA) (OTCQX: CURLF).

    READ FULL U.S. OPERATORS ARTICLE

    7. Totally Out There: Our Top 5 Psychedelic Stocks

    As Cannabis Investors Increasingly Cross Over to the Psychedelic Side of the Aisle, the Race is on to See Which Company Will Be the Leader

    Here are the top 5 Psychedelic Stocks as measured by market cap:

    READ FULL TOP 5 PSYCHEDELIC STOCKS

    6. Aleafia Health Launches Same-Day, Direct-to-Door Medical Cannabis Delivery

    Previously, Aleafia's Service Offered Next-Day Delivery Only

    Aleafia Health's (TSX: ALEF) (OTCQX: ALEAF) (FRA: ARAH) AssureHome Delivery, the industry-leading direct-to-door medical cannabis service, has now launched same-day delivery.

    READ FULL ALEAFIA HEALTH ARTICLE

    📷

    Source: Shutterstock

    5. 3 Psychedelic Stocks for Healthcare Investors

    Psychedelic Stocks Aren't Yet Getting Cannabis-Level Attention, But There Interesting Opportunities Here

    Yes, there's some credibility to psychedelics and, potentially, investment rewards. Here are a few Psychedelic Stocks to consider.

    READ FULL PSYCHEDELIC STOCKS ARTICLE

    4. Red White & Bloom Exercises Call Option to Acquire 100% of Michigan-Based PharmaCo

    Following the Acquisition's Close, Red White & Bloom's Financials Will Be Consolidated Under the Umbrella of the Public Company

    Red White & Bloom (CSE: RWB) (OTCQX: RWBYF) announced Monday that it officially provided notice of its intent to exercise the company's option to acquire 100% of Michigan-based PharmaCo.

    READ FULL RED WHITE & BLOOM ARTICLE

    3. MindMed Completes Dosing 18-MC Phase 1 Study

    MindMed, Seeing Early Success, Will Advance Preparations for a Phase 2a Clinical Trial in Opioid Addiction

    MindMed (NEO: MMED) (OTCQB: MMEDF) (FRA: BGHM) has concluded dosing in a Phase 1 Single Ascending Dose (SAD) study of 18-MC. The dosing of 18-MC was well tolerated in humans and will help advance planning for a Phase 2a clinical trial in opioid addiction.

    READ FULL MINDMED ARTICLE

    2. Aphria: PI Financial Raises Price Target, Canaccord Reiterates Target

    Last Week, Aphria Reported Year-End and Q4 Earnings Featuring Q4 Net Revenue of CDN $152.2 Million and EBITDA of CDN $8.6 Million

    PI Financial reiterated its buy recommendation on Aphria (TSX: APHA) (NYSE: APHA) (FRA: 10E) and upgraded its 12-month price target from CDN $8 to CDN $12. Canaccord reiterated their 12-month price target of CDN $10, or a 56.5% upside while keeping its speculative buy recommendation.

    READ FULL APHRIA ARTICLE

    1. Revive Therapeutics Announces U.S. FDA Approval of Confirmatory Phase 3 Clinical Trial for Bucillamine in COVID-19

    The Phase 3 Clinical Study Titled, "A Multi-Center, Randomized, Double-Blind, Placebo-Controlled Study of Bucillamine in Patients with Mild-Moderate COVID-19", Will Enroll Up to 1,000 Patients

    Revive Therapeutics (CSE: RVV) (OTCPK: RVVTF) (FRA: 31R) announced that the U.S. Food & Drug Administration (FDA) has approved the company to proceed with a randomized, double-blind, placebo-controlled confirmatory Phase 3 clinical trial protocol to evaluate the safety and efficacy of Bucillamine in patients with mild-moderate COVID-19.

    READ FULL REVIVE THERAPEUTICS ARTICLE

    submitted by /u/RadMoney1
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    BRK earnings report question

    Posted: 03 Aug 2020 01:08 PM PDT

    BRK earnings is coming up and I've tried to Google for some answers as to who will be speaking in the earnings call (I'm expecting Buffett to be an answer). This is my first time listening to a Berkshire call so I'm curious as to how it goes. (Also read something about a show before the earnings report??)

    submitted by /u/JustCantGoTitsUp
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    Crowdstrike $CRWD

    Posted: 03 Aug 2020 09:13 AM PDT

    Besides having a pretty badass name, what are people's thoughts on the company? Based on fire eye earnings, this one seems more niche with better growth potential. Any thoughts from bulls / bears?

    submitted by /u/uworich
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    Ralph Lauren Earnings Tomorrow

    Posted: 03 Aug 2020 08:43 AM PDT

    RL is down 3% today while many other similar stocks are up. I guess people expect earnings to not meet expectations. Maybe it also has to do with the Lord + Taylor bankruptcy and how that company owes Ralph Lauren millions of dollars. Well, I'm waiting for the tide to turn.. I'm holding a big position in RL and I'm confident it will bounce back to $90 eventually. What do you all think?

    submitted by /u/lies_are_comforting
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