***ALERT: Email me for Exodus free trial, the last of its kind: flybroker at gmail***
Bitcoins are up by another 10% today to roughly 18,000. By this rate of return, it will surpass the Dow in point value by next week. Who remembers the olden days when it was a big deal as it passed the Nasdaq? Why, back then, people were fixin’ into believin’ the darn Bitcoin was the second comin’ of the Lord himself, let alone a good investment opportunity. Now it’s just another day in the grist mill.
Dow futures are mighty strong today and the Nasdaq too. Ready yourselves for great doses of opportunity and grandeur.
Here’s your morning headlines, fucked faces.
DCIX +43.7% (Morgan Stanley discloses 5.3% passive stake),
EGLT +20.8% (receives tentative FDA approval for an expanded label for ARYMO ER (1.01)
DDR +13.1% (higher after announcing plan to spin off portfolio of 50 assets; will host call today at 5pm ET),
SIEB +11.2% (Continued strength after signing agreement with OPSTK yesterday)
ACRS +9.2% (receives FDA approval for ESKATA for the treatment of raised seborrheic keratoses)
ALNY +7.6% (Announced with SNY that the FDA has lifted the hold on clinical studies with fitusiran)
HES +6% (WSJ reporting that activist Elliot is seeking to remove the CEO or push for sale),
GLNG +5.1% (seeing strength after Karen Finerman pitched on CNBC),
HST +2.5% (announces special dividend of $0.05/share),
DISCA +2.3% (Director John Malone disclosed the purchase of more than 330K shares valued at approx $6.6 mln),
PBR +1.4% (Exxon Mobil and Petrobras signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities),
TWO +0.7% (modestly higher after declaring quarterly dividend of $0.47 per share of common stock; expects $0.47 per share amount to be sustainable into 2018), .
CROX +4.2% (upgraded to Buy from Hold at Stifel)
TEVA +4% (upgraded to Buy from Neutral at Goldman)
FL +2.6% (upgraded to Buy from Hold at Canaccord Genuity)
PRAH +0.8% (initiated with an Overweight at Mitsubishi UFJ)
FormFactor upgrade details — to Strong Buy at Needham; tgt raised to $22
Hi-Crush Partners: Compelling Opportunity in the Sandbox: Adding HCLP to the Alpha Generator — B. Riley FBR