Thursday, March 18, 2021

Gray stock: 800 shares | Expect 5 time return | Market for retinal disease | Prepare for retirement | Yahoo finance -> conversation

 March 18, 2021

Introduction

I made quick decision to invest 800 shares of Gray stock since I think that it may be a good candidate to bring 5 times return in short future or a few years. I like to learn more about vision and health of eye. I like to push myself to learn how to be a good investor on Gray stock as well. 

Gray stock -> Yahoo -> Finance -> Conversation

I do not have knowledge to do research on gray stock, so I just copy some comments from Yahoo -> Finance. I bought 800 shares of GRAY stock with average price $8.30/ share. 

Highlights - 500% 

GrayBug - For people with chronic diseases of the retina and the optic nerve, we develop medicines that make healthy vision more accessible and manageable, promoting better compliance and visual outcomes.

Look at $eyes- they are in similar business, stock is up 500%. Soon $gray is going to fly. Get in

ACRX stock

market not liking the GRAY Ph 2b results, still think upside!!!!!!!!!!!! buy the dip!!! also, look at ACRX climb! very BULLISH ACRX article out this morning - read it!
ACRX 550% upside!

$GRAY
Initiates Coverage On Needham & Company LLC Buy USD 30
Initiated by Piper Sandler Overweight USD 27
Initiates Coverage On Wedbush Outperform USD 41
Initiates Coverage On SVB Leerink Outperform USD 35

Phase 2 trial 

The selloff was intended. Big investors will buy, buy and hold, this is a good pharma stock, and retina solutions are being on fire lately, good sector, good phase 2 trial... I don't understand this overreaction that is not proportional to the actual facts. It should have been the opposite +50% after the report and not this massive selloff. I feel something big is going to happen be prepared. Shouldn't be surprised to see the stock again at 15-17$ tomorrow.

As of today, 22 patients have successfully completed 2 months or more of this six-month extension period without the need for further treatment. No averse effects and sustained benefit. THIS IS GOOD NEWS!!!


Actionable Items

This research is new to me. I have no idea that I should invest $5000 dollars on this GRAY stock. I do think that vision is so important and it is a big market to advance research and development a product for patients. 


Follow up 

June 16, 2023

I have to learn how to work on equity research in the right way. What is the right way? 

Feb. 23, 2024

I need to get professional help, subscribe Morningstar, seekingalpha, IBD digital, and also start to read books about investing. 

I should start to read investing books early, and practice trading stocks, and look into my problems. 

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