aCryptoKing
4 años hace
Waiting for this to GO LOWER NOW on vaccine related developments. Folks don't realize this is a GOOD development for LH too! Since they suffered BADLY from folks NOT wanting to get their NORMAL tests done, visit Dr's offices, etc., when COVID first arrived & business suffered (along with the stock price).
Just wait,... like me, & ACCUMULATE LOWER.... Better days ahead AGAIN!
aCryptoKing
5 años hace
$180.- with CALLS looking GOODIE!! Ha ha & my LAST BUYS were $167-$168!!
So happy! Weeeee..... LabCorp just keeps on plugging away, executing & releasing UNDERESTIMATED NEWS in terms of their overall business strategy!
Personalized medicine & PERSONALIZED clinical trials, serving drug companies MORE EFFICIENTLY with 50+ years of DATA MINING using A.I. & other metrics means COVANCE is going to SCALE NEW PHARMA business MUCH MORE quickly than ANYONE expects. LabCorp corona-pause has been a GREAT development as telemed, telehealth & MORE EFFICIENT modalities (including clinical synergies) are developed, adopted & ACCELERATED far faster than what would have been ORGANIC without covid...imho!
BUY, BUY, & BIG TABLE POUNDING BUY!!
aCryptoKing
5 años hace
Institutional ownership here has buys kinda DOW-tied. This stock dropping BELOW that 200DMA would likely have a SERIOUS DOW TEST lower!
I know, I accidentally had an order in @ $167.00 when it dropped on the 27th. I went to put an ORDER just at or slightly above the 200DMA that day & realized I had a 300 share limit order in there from the 21st that was executing.
If the stock had the KIND OF WEAKNESS you're suggesting it would have TESTED that 200DMA right then & there! And TECHNICALLY it kinda should have...
The DOW performance on this MOSTLY institutionally-owned STOCK is KEY here imv,... If the DOW stays sideways or moves higher I don't see LH taking a dive UNLESS some directly negative news event happens.
Everything is tailwind right now with CORONAVIRUS ramp-up, with country getting back to normal, with economy re-opening, travel coming back, the advances in telemed, the NEW Medable deal, etc., etc., etc..
https://finance.yahoo.com/news/labcorp-partners-medable-expand-technology-132901628.html
By next Q, there's talk LH may even GET AHEAD of U.S. corporate & announce a dividend. It'd SHOCK the market & shoot LH into the $220 range for sure imho. But even without that they should be doing well enough to see $200 test into Q3 before long. I think there's a BETTER SHOT @ a $200 test than that $120 or whatever you were hoping to buy here... I just don't see it falling that far without some SERIOUS issue or market-wide event/pressure.
aCryptoKing
5 años hace
Might test $165 50DMA before BREAKING UP through $175 range into pre-COVID ~$196.+ highs... IF it does I'll be a buyin' it back right theeere BIGGLY. Meantime, I just re-took a starter to build upon since I'm fairly certain it's going to that $175-level sooner rather than later.
With COVID testing at all-time highs AND back-to-work efforts puts LH right in the thick of BOTH circumstances! People getting back to normalcy means regular testing, Dr. appts, etc., = improved business AND C-19 ramp-up means MO BUSINESS TOO! Can't lose, going forward.
May be way some price targets have been RAISED on the stock to $244.00++
aCryptoKing
5 años hace
BOING set to pop higher. No one knows if 2nd-wave (covid-19) FEARS will materialize in ANY meaningful way; however, I expect BA to recover just under 50% of pre-Covid highs by the end of the year & demonstrably so from September (into Holidays as we move into the New Year).
As mentioned to YOU before: I don't make ANY specific calls to others because YOU NEVER know what their level of EXPERIENCE investing is. But MORE IMPORTANTLY, their REASONS for investing, goals, timelines, etc.. & sometimes that's MORE IMPORTANT than what they're investing in &/or ought to INFORM what, how, when, etc..
I chart, study fundamentals, macro developments & have a VERY HEALTHY & ROBUST RISK tolerance so I take MORE chances than many. And those choices tend towards being VERY CALCULATED. Not always, but that's the goal. And what's right for me, may not be for a retiree, new investor, etc.. They may NOT even have tools & skills to write calls or puts for example & make money (or reduce losses) if an investment goes sideways, the market turns against them, COVID-2 happens or whatever... So MY POSTS, decisions & DECLARATIONS are more to keep MYSELF honest. Hey, I bought this @ this time, see this, etc.. & act accordingly. MOSTLY in real time. You don't see alot of that on these boards... But I think its the ONLY way to evaluate my trading. GL
aCryptoKing
5 años hace
LabCorp $10 5min antibody-test with results in 24hrs
'There's just a lot of anxiety in waiting' LabCorp coronavirus antibody test now available
Lisa Dames was sick twice this spring and wanted to know whether it'd been the virus
10:32 PM EDT May 8, 2020
GREENSBORO, N.C. — In February it was flu-like symptoms but she tested negative for the flu. Then in April, she had a stomach bug. Lisa Dames couldn't help but wonder if one of those illnesses was the coronavirus.
"For me, it was about peace of mind and just knowing one way or the other if I'd had it or not," said Dames.
She heard about LabCorp's coronavirus antibody tests--which look for resistance to the virus in the immune system.
LabCorp's tests don't require a doctor's note and cost $10. Dames went online and filled out a form on the company's website.
"It specifically asks if you have symptoms cause obviously they don't want folks that are currently infected to go into the labs for testing," said Dames.
She filled out the form and scheduled the appointment. Her finger was pricked for a blood sample and within 24 hours she had her test results back--negative.
There are more than 200 antibody test kits on the market but experts are still grappling with how accurate the results are.
"Only 12 have been approved by the FDA. The ones that have been approved are believed to be very accurate but the ones that are not approved are not very accurate," said Novant Health senior vice president Dr. David Priest.
He said LabCorp's antibody test is one of those 12 FDA approved tests but there's still a lot of unknowns.
https://www.wfmynews2.com/article/news/local/labcorp-offering-coronavirus-antibody-tests/83-3c611b2b-5e4e-4a18-9470-741df832accf
EXPECTING NEWS this week on ramp-up measures to deliver ~DOUBLE the testing capacity (per day in April). While helping support businesses in their efforts to test employees; as the U.S. government eases restrictions on re-opening the U.S. economy this week!
LH