Fulgent Genetics Inc (FLGT) Options

FLGT one month

Might do a $100 bill here

In here for some off of Biden’s speech.

Even before the pandemic, Fulgent's market capitalization tripled in 2019 with 52% sales growth. Last year, COVID-19 pushed growth off the charts. Revenue rose 1,200% on the back of a 74-fold increase in testing volume. Beyond the numbers, the company established important relationships with state health departments, school systems, employers, and insurers.

The company ended the third quarter with $104 million cash and zero debt on its balance sheet.

Fulgent Genetics has also revised its fiscal 2020 revenue guidance from $135 million to $235 million on Nov. 9 and then to $300 million on Nov. 23, thanks to the ever-increasing demand for its COVID-19 tests.

I understand that the founder owns 30% of the stock BUT no debt, a big pile of cash and a strong technology base makes Fulgent a takeover target by some of th big guys in the genomics arena. Just thinking.
I would love to be in the middle of a bidding war!

This Board is dead! I own FLGT and expect a good quarter and a thriving business for a long time into the future.........but.......... enjoy NEWS like the last contract with the CDC.

The latest numbers suggest price to cash is 7 vs an industry 18. The revenue growth is projected to continue with Q1 projected at 77% of 2020. They just announced the CDC NGS contract - can we expect an upward revision of the Q1 revs?

All Weekly & Monthly SMA's are well below the current price. Closest one is at $70.60 - 20 SMA Weekly down to $15.49

Good quarter but book value and cash per share is 15 times & 40 times higher respectably. Way over valued imo

Total Cash (mrq) $74.94M
Total Cash Per Share (mrq) $3.09

Book Value Per Share (mrq) $8.02

Try $130.+

117.00 > pounding the table > 155.00 opening bell gap tomorrow!

FLGT

choo choo

Beautiful breakout of large Ascending Triangle Pattern. Have been holding FLGT for a long time but added last week as it was consolidating before it's next push up through the triangle. Love this stock...super long term hold for me. Diagnostic testing is always going to be important long after Covid is gone. Management team is tops and share structure is fantastic as earning surge...luv it!

Nice day here with $FLGT

FLGT what a ride from 6 bucks...took a long time but a massive play!!

FLGT one of the most exciting bio company's in GENOME testing...$30.27 next!!

FLGT long and strong..target reached!!!

FLGT here we go...this our long bio play for 2020!!!

Jumped back in $12.83....crazy pullback from $15's

If not you are only out 80 bucks. It's been awhile since I started trading again. I need to re-educate myself on options since its really based on speculation and I just don't have the depth of researching well enough to branch into options. Trying now to do this full-time, trying to keep it simple in the plethora of information that is the market. Like President Trump signaling no China deal until maybe after 2020 election. News "trumps" technical always. I love it though! JMHO

I trade call options for my "LOTTO" homeruns... very low cash with potential for huge returns.... so today I grabbed this friday AMRN $24 calls for .08 10 contracts total $80 bucks... If pdufa news comes early or we get a $35 buyout_ "dream"... then an $80 lotto is worth $10k....

So true, good way of putting it.

Base hits.... the homerun swingers have the highest strikeout ratio...

Thx Burp for keeping me informed. You're my best "favorites" follow. You know how to make money in the bios sector that's for sure. I'm still trying to catch runners before they run like everyone else. But 3-5-10% gains daily is fine with me.

growing sector...rising tide raises all ships thing

Thx Burp, is it because they are both in the genetics field? Some type of boiling over effect because FLGT might be bought too?

BOLD acquired for 100% premium $60 share After Hours....FLGT should get a good run....

https://finance.yahoo.com/m/15db9f96-d631-39e7-9d1d-a88160a6b0b9/this-gene-therapy-player-just.html?.tsrc=rss

13.30 to fill gap.

my pleasure.. btw $12.50

Thx burp

added @ $10.90

added 9.93 today eom

Jumped in 10.68...will add a little next week before PPS recovers...some are ignoring the guidance and that is just fine with me!

Will this company be bought out?

FLGT the future of disease prevention! GENOME testing will be the go to testing to see what markers you have and then early detection and treatment will up your chance for a long healthy life....but if you continue to eat poorly theres not much one can do!!

FLGT just a beauty...see ya a 18.41

* * $FLGT Video Chart 11-05-2019 * *

Link to Video - click here to watch the technical chart video

FLGT is getting ready to blow up with 13.18 up next!! Absolutely a beatiful set up!!

FLGT is back in action...long and strong. This ain’t over yet.

Genomics are the future. We will never cure cancer only prevent it.

The science looks good here to me.
Reminds me of early NVTA. Looking forward to seeing new highs again soon.

FLGT get ready for the bio sensation of the season.

FLGT ready to take on 13 buckaroos!!

Nice buying opportunity here today.

Got a piece of this nice looking pie.

FLGT what bio beast. The power of the chart and Genomics. Get ready to break the 13.00 range and head for the 14.00. A set up to dream about.

FLGT here comes 13.00 boom!! so lovely...the stock of the year!!

FLGT here we go..without doubt we are heading to 14 bucks!! the play of the year!!

FLGT getting set for next attack

FLGT here we go to 13.00. What a monster call.

FLGT is going to turn out like CSBR which was my monster play last year...FLGT ready to take on 13.20 next