BNGO is now finally near 52 week lows. So how much lower will it go? Currently we would need to see a 32% jump to confirm a reversal in price movement. This could come next week during the 2022 Symposium. Current Options Positions Short Calls - Strike 5.00 @ 1.21, 21-01-2022 Long Puts - Strike 2.00 @ 0. 05 , 21-01-2022 Short Calls - Strike 6.00 @0.21,...
NASDAQ:BNGO [/symbol With recent news, the future is looking good for BNGO. Biden signed ALS Law, this will result in $100m a year going into R&D for therapeutics and treatment; for ALS. Mayo clinic, a ALS Clinic, is already using BNGO. As well there is a projected 1500+ attendees at the moment for Symposiums2022. With pictures of the new system set to come out...
NASDAQ:BNGO Although anticipating the start of an uptrend is no easy task, BNGO appears to finally be flat. The weeks leading up to the release of their 10-K should trade within the $3.00 - $4.00 range. Current Options Positions Short Calls - Strike 5.00 @ 1.21, 21-01-2022 Long Puts - Strike 2.00 @ 0. 05 , 21-01-2022 Short Calls - Strike 6.00 @0.21,...
NASDAQ:BNGO BNGO has seen a steady decline over the last 8 months, you can read my past articles for the reasoning for this. I believe we have now found our fair value of this company. the stock has been steadily holding the $3.00 line for the last one and a half weeks. It has as well been hovering around the oversold (30) on the RSI index. After bears have...
NASDAQ:BNGO With the entire market red today, it is no surprise that BNGO was down. But I see some positives here. BNGO typically has seen enormous drops when the market is red, I relate this to it's high beta (1.87). Today however, BNGO did not see a dramatic drop, instead it stays near the $3.44 to $4.29 range. As I previously mentioned, I think it is...
NASDAQ:BNGO Well here we are...In my previous articles I have discussed the long term outlook and the short term outlook of BNGO. For the short term I have been right thus far. I want to talk about a few key factors in the last few days. Many investors have noticed price manipulation in stocks, BNGO included. There is a government investigation going on...
NASDAQ:BNGO OANDA:US2000USD BNGO down 5.63%...time to panic? Absolutely not, after the rally of small caps over the last two days, it is expected to see a pull back. Short term traders are locking in profits, and volatility was low today (only 5.6Mil). I expect to see the climb of BNGO through the holiday season. Current Options Positions Short Calls -...
In case you prefer to read the blog version of the report, it is listed below. I have included an example as well. What is DELTA? Delta is one of the four major risk measures in options trading. It measures the amount an options price is affected by a $1 price change in the underlying stock. DELTA is measure on a scale from 0.00 to 1.00 for call options, and...
NASDAQ:BNGO Wow...What a tremendous day for BNGO. What's causing this sudden price spike? Are Investors pouring back into the company? Are we seeing a pump? BNGO has been oversold since November 22, 2021, finally it appears that the bleeding is over. Now investors should not get to excited, with the steady decline over the last 8 months, this could just be a...
NASDAQ:BNGO As previously discussed, the long term outlook for BNGO is magnificent. With strong financial management and a revolutionary product, the company is set to break the BioTech industry. So why is the stock doing so poorly in the short term? The company has done very little in sales and has not marketed itself well. It is as simple as that; until the...
TVC:US10Y With the wild drops in the market over the last few weeks, I have considered turning a greater percentage of my portfolio to bonds. Listed in this article are the findings of my research. Todays Yield closed at 1.341%, investors receive a coupon of $1.375 semi-annually. Wow...That is pretty discouraging. With insanely low interest rates this year,...
I am going to have to choose my words carefully in this article, as I am sure it will be an unpopular one. I first want to say that TA clearly has a time and a place, and is excellent for certain aspects of creating your position. But I fear the idea of TA is far to simple and it fails to recognize the various factors of market price. Where TA Works The idea...
NASDAQ:BNGO Hello all, short article today about the play of Supply and Demand on BNGO. My current positions as always will be listed at the bottom of the page. The laws of Supply and Demand suggest that the two are inversely related, When supply increases demand decreases and vice versa. When looking at BNGO we have seen a steady decline in price over the last...
NASDAQ:BNGO TVC:RUT EASYMARKETS:NDQUSD In my previous articles I have talked about the fundamentals of BNGO and how I believe it is a strong company in the long term. For this reason I am choosing to hold a long position on BNGO. I added more shares at $4.00 today, increasing my long term holdings, and ability to sell covered calls. I trust that management...
Attached is my take on Book Value Per Share. Happy Thanksgiving to all Americans out there. Stock Mentioned: NASDAQ:BNGO Best of luck traders, Brayden
NASDAQ:BNGO Has the down trend of BNGO finally come to an end? I am not one who believes in the reading of charts, I do understand the basis behind it though. The idea that humans exact in a certain way consistently, thus the charts should react in a similar way. I do not believe this is how people should invest, but I do understand the human tendency behind it....
NASDAQ:BNGO As the BNGO struggles continue well into the third week of November 2021, what are the takeaways, and what should investors plan for the future? The Underlying The company is on track to do at least $15 million in revenue over each of the next five years, the EPS will be cut down to the break even point very soon. The company is currently holding...
NASDAQ:BNGO What in the world is going on with BNGO? It seems as if no matter the news the stock goes down. For a company that is set to record their highest earnings ever, the stock movement does not reflect that. For smaller cap stocks this common, stock pumps, hedging, shorts; all play a role in the price. Why is the stock going down? Earlier this year...