charts and darts: April 2022

Saturday, April 30, 2022

bailing

insiders walking the plank without blindfolds

mc 14

mc 13
mc 25 10 billion dumped at 21
mc 11 cas partners a casualty
mc down from the gdp of india to australia

Friday, April 29, 2022

slopes

slopes are slippery fading into the sunset

mc 8 90x forward

mc 11

mc 1.8

mc 21

mc 1343

Thursday, April 28, 2022

rumpled laundry

insider selling into the numbers. fcpa settlement for creative marketing. alarming guidance

mc 17 insiders selling 170s

mc 11 insiders selling 70s

mc 5 fcpa settlement

Tuesday, April 26, 2022

analyze this

wells fargo downgraded the sector 25 april. insiders bailing with abandon in the quarter leading up to the missive

mc 13 insiders selling 280's into earnings

mc 3.8 lawsuit loss, conduct unbecoming

mc 212 wells downgrade insiders bailing

mc 24 db downgrade insiders bailing

mc 42 wells downgrade insiders sold 145 mm at 260

mc 190 wells downgrade insiders selling 300

mc 13 wells downgrade insiders selling 280

Saturday, April 23, 2022

twisted

In September 2021 in the polite language of audit the accounting firm claimed that internal controls were lacking and the numbers being fudged. Insiders sold with abandon.

The business model is to sell genes for $354 that costs $763 to make and half of those costs are administrative that are rising faster than revenue.

The $600 million in accumulated losses has been funded by $1 billion equity offerings since 2013 with $465 million left on the balance sheet.

The inconvenient auditor was fired March 2022 .

The COO quit giving one days notice 20 April 2022.

Shares outstanding roughly 60 million, 7 million short, ARK holds 10 million shares or 20% of the net longs in a bag worth 75% less.

What could go wrong?