Chris Lau
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Chris Lau in Value Stocks,

Monday’s Moves (August 7, 2017): Watch Valeant Pharmaceuticals (VRX)

  • AMD looks more like Advanced Money Dispenser than Always Making Money. Hold.
  • AMD, Advanced Micro Devices, Inc.
  • Snap Inc. may follow-through with the bounce. Alphabet wanted to buy the company for $30B in 2016.The offer of $27/sh sounds too good to be true. SNAP’s moat is eroding FAST as FB takes all the ideas and puts them in Instagram. Sell or trade the rally only.
  • Starbucks will try to climb from the drop from $64.98 to $54 @ $55.44. Avoid.
  • Wonder when TSLA worth more than GM by market capitalization will end.
  • HTZ, PCLN, and TRIP all report AMC on Tuesdsay.
  • Opko Health (OPK) reports this week. Avoid. Don’t be a bag holders.
  • Valeant Pharmaceuticals (VRX) reports on Tuesday, Aug 8. Big day.
  • Blue Apron – APRN – reports the same day SNAP does. Short/avoid APRN.

What are your moves for Monday? Post them in the comments below.

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