MookTrader

Ex-Wall St Contrarian Prop Trader. Founder of MookTrader - chatroom for professional & institutional traders. Tweets are not recs., see site Disclaimer.

[MookTrader @MookTrader]

@TheoryTrading It's $8 like yours

[MookTrader @MookTrader]

When does the PIPE offering for $STI come out? Today afterhours or tomorrow premkt? My guess is offering will price at $8/share

[MookTrader @MookTrader]

$VERU being pumped right now off $NVO supplying #wegovy for free on their #enobosarm combo trials. Pump it up

[MookTrader @MookTrader]

I requested 200 shares of $QNT ipo. I got allocated 3 shares. WTF am i gonna with 3 measly shares

[MookTrader @MookTrader]

Lots of fancy keywords in the $STI pr today. Money losing turd with hardly any cash on their books. Same story, pump on fluff then dump

[MookTrader @MookTrader]

$FOXX all covered from overnight short swing. Thank you for playing. Nothing burger news was all hyped out by the uninformed.

[MookTrader @MookTrader]

$FOXX ripped today on news that they were included in $QCOM's Partner Network website. This network is designed for companies that offer, sell, & recommend QCOM technologies. Makes complete sense for FOXX because they sell mobile phones, tablets, routers, IoT, etc and QCOM chips power the vast majority of Android smartphones, tablets, and IoT devices globally. A consumer electronics co like FOXX almost certainly uses QCOM chipsets in their devices, which is how they'd qualify for membership. Is this a big deal for FOXX's stock?
Probably not, and here's why:
1) It's a vendor/supply-chain relationship, not an exclusive deal. Being listed in QCOM's partner directory means FOXX uses or resells QCOM technology, it doesnt mean QCOM has singled out FOXX for a special strategic alliance, investment, or co-development agreement.
2) The directory has hundreds of members. It's an open ecosystem program.
3) FOXX never disclosed it as material. Co has issued 8k press releases for partnerships as minor as a water leak detector. The fact that theres been no announcement about QCOM suggests management doesnt view this as a headlineworthy biz development.
4) No revenue implications were disclosed. There's no mention of any QCOM related contract, revenue stream, or co-marketing arrangement in any FOXX SEC filing.

Bottom line, this inclusion in QCOM's partner network directory reflects that FOXX builds products using QCOM ships and joined the partner program as a result. Its standard practice for any consumer electronics company in their category. Its a nothing burger.

[MookTrader @MookTrader]

Enjoy the pump while it lasts. see you $XOS at $4 or lower by EoD

[MookTrader @MookTrader]

@TheoryTrading you forgot to post that shorted yesterday at $1.5 and covered at $3

[MookTrader @MookTrader]

$JZ smoked all the sheep still long this pos garbage. Hate to be u

[MookTrader @MookTrader]

HPE forward pe was only 19 before today. Stock has plenty more room to run. Long op after today's explosive earnings guidance

[MookTrader @MookTrader]

What non-semi, non-Ai, non-computerhardware stocks are going up in this market? Seems like if you aint tech, u are wrecked

[MookTrader @MookTrader]

$FOFO on the pump run now. Not much vol. Prob tanks hard real soon

[MookTrader @MookTrader]

$ASTC no dilution events yet the past few trading days. Really surprised

[MookTrader @MookTrader]

$HKIT reverse split pump and dump rig. Use caution

[MookTrader @MookTrader]

$JZ know what u own. JZ revenue declining. 2022 rev RMB 505.7M, 2023 440.5M, 2024 248.8M, 2025 70.2M. You can see the pattern. This exploring ai collaboration with https://t.co/EgVLX8op1D is just a fluff piece for further dilution imo. Use caution

[MookTrader @MookTrader]

@davidmcmillian3 yes gap down

[MookTrader @MookTrader]

$OKTA is a short on todays +30% exuberance. Guidance was like in-line.