Behind The Bid

Chewy IPOing above the range today, after the big runners Fiverr and Crowdstrike.  Trading at $9bln, 3 times what Petsmart paid for it in 2017.

Show notes:

~greetings and salutations~

$FVRR: Fiverr

$CHWY: Chewy.com

$AVGO: Broadcom

~intermission~

$GBT: Global Blood Therapeutics

$BLUE: Bluebird Bio

$ARQL: Arqule

~fin~

Check out TradeOfTheWeek.net.  A free site where traders share & discuss trading strategy. 

Fiverr getting listed today on the NYSE $FVRR at $650mm.  The sentiment is pretty ho-hum to even Motley Fool talking about it bearishly.

Twitter List for @SevenPointsCap traders: https://twitter.com/behindthebid/lists/traders-sevenpointscap

Check out TradeOfTheWeek.net.  A free site where traders share & discuss trading strategy. 

Stocks covered in this show:

~greetings and salutations~

$FVRR: Fiverr

$LULU: Lululemon Athletica

$RH: Restoration Hardware

~intermission~

$BYND: Beyond Meat

$PRVB: Provention Bio

$SVRA: Savara

~fin~

Crowdstrike IPOing today, will it be the next sexy play?  Valuation has already doubled from its last fundraising round last year.

Show notes:

~greetings and salutations~

$CRWD: Crowdstrike

$TSLA: Tesla

$TTD: The Trade Desk

$BYND: Beyond Meat

~intermission~

$FIZZ: National Beverage Co

$PLAY: Dave and Busters

~fin~

Check out TradeOfTheWeek.net.  A free site where traders share & discuss trading strategy. 

Beyond Meat got a downgrade from JP Morgan today, but the stock is costs 170% to borrow and people calling it Tilray v2.0.

Go check out https://www.tradeoftheweek.net/ !!

Show notes:

~greetings and salutations~

$BYND: Beyond Meat

$GRUB: Grubhub

$TSLA: Tesla

$AVGO: Broadcom

~intermission~

$CBAY: Cymabay

$NBY: NovaBay

$ACHV: Achieve Life Sciences

~fin~

We cover Salesforce and other Data Analytics / Business Intelligence hot plays.  Plus Prevention Bio on their impressive Diabetes Types 1 delayed-onset results.

Link to article on $PRVB: https://disruptivetr.com/2019/06/09/teplizumab-prvb-initiation/

Zoom ZM such impressive earnings, profitable company, great product, increasing addressable market.  What's not to like?!  Oh the valuation...  

Also Beyond Meat BYND absolutely crushing shorts on earnings.  

Show notes: 

~greetings and salutations~

$BYND: Beyond Meat 

$ZM: Zoom 

~intermission~ 

$DOCU: Docusign 

$LJPC: La Jolla Pharma 

~fin~

StitchFix $SFIX reported a 17% increase in users year-over-year, now totaling 3.1million.  Is the platform sticky?  Is this growth enough to keep up with the valuation?

Show notes:

~greetings and salutations~

$SFIX: Stitch Fix

$CLDR: Cloudera

~intermission~

$FIVE: Five Below

$ESTC: Elastic

$EOLS: Evolus

$CIEN: Ciena

$AXGT: Axovant

~fin~

ReWalk RWLK stock up 180% on getting its ReStore device approved for stroke patients to help them walk.  Stock up 180%

Other stocks covered:

$RWLK: ReWalk 

$MGNX: MacroGenics 

$PVTL: Pivotal Software 

$AMBA: Ambarella 

$QURE: Uniqure 

$GME: Gamestop 

$INRX: InflaRx

Uber's quiet period over, BOX disappoints (what will happen to Dropbox?) and Mirati is the winner of ASCO (cancer conference).

We cover some stocks that presented at ASCO (American Society of Clinical Oncology)

$GNCA Genocea

$NKTR Nektar

$IOVA Iovance

$MRNA Moderna