Stock discussions

[megadheera]

@Konebhar6 any insight on ILMN. It is on attractive levels

[Konebhar6]

2 hours ago, megadheera said:

@Konebhar6 any insight on ILMN. It is on attractive levels

I shared a tracker earlier to look at quality stocks that come to 52 week so that you can take a closer look. This stock falls in that category. But its not a buy signal. Its a falling knife at this point.

PROS

• Its getting closer to its multi year support of 125-130. 
• Good company overall
• Could become an acquisition target at these prices.

CONS

• Bad corporate governance. Acquisition of grail did not adhere to regulations in Eu resulting in fine of $500 M. Don't know if US would put any restrictions. 
• I have to look at their financials, but looks like their earnings are declining which is worrysome
• Recession ahead. 

I would say keep an eye on it and let it settle. I normally wait for a stock to bottom esp if it falls this much. Look for 30day, 50-day and 200day Moving averages. Let them flatten a bit and you can think of it. 

[familyman]

Why market down today? 

[Konebhar6]

PFE at attractive levels. Good dividend (~5% yield) at current prices. 

[Vaaaampire]

Market too confusing. Only google is holding strong

[Deadp0ol2]

@dalapathi Lucid all time low still holding aa or doing DCA aa

[dalapathi]

31 minutes ago, Deadp0ol2 said:

@dalapathi Lucid all time low still holding aa or doing DCA aa

Just holding. 

[Konebhar6]

12 minutes ago, dalapathi said:

Just holding. 

At some point malli Saudi takeover news vastundi ... pump and dump. For the time being its bleeding. 

[Deadp0ol2]

28 minutes ago, dalapathi said:

Just holding. 

[Vaaaampire]

5 hours ago, dalapathi said:

Just holding. 

Neeko dhandam granpa 

[Konebhar6]

Square (Block) at attractive levels. 

market etu vaipu potundo ardham kavatleeedu... Trisanku swargam ante idenemo

[Vaaaampire]

7 hours ago, Konebhar6 said:

Square (Block) at attractive levels. 

market etu vaipu potundo ardham kavatleeedu... Trisanku swargam ante idenemo

Motham payment sector ippudu full confusion ledhu. It may take ages to reach ath price again

[Raja_Returns]

inka e boku market lo money pedutunara na devudi biddalara meku sotram.

[Konebhar6]

2 hours ago, Raja_Returns said:

inka e boku market lo money pedutunara na devudi biddalara meku sotram.

Just watching from sidelines, and watching ppl jump. Anduke monthly div funds lo petta. Apartment owner laga every month rent (Div) collect cheskuntu anadapadutunna

[bunk seenu]

Cisco acquiring cybersecurity company Splunk in cash deal worth $28 billion

 

https://www.cnbc.com/2023/09/21/cisco-acquiring-splunk-for-157-a-share-in-cash.html?__source=androidappshare