WSB picks for February 8th: GME, OCGN, GOVX, GOVXW, TYME, LIVE

Since the Wallstreetbets site is getting pretty crowded, we are going to use this blog as a place to store more DD. 

GME is in consolidation mode at $60. While it's consolidating and a hold, other stocks are on a run.

OCGN, GOVX, GOVXW - OCGN is having a massive breakout. Expect GOVX to move up as a sympathy play. GOVX has received a grant from the NIH to develop its own one shot COVID vaccine good against multiple strains. It's up 12% so far today but has a market cap of just $27 million. It also has warrants strike price $5 expiring in 2025. If the stock price triples to $20, the warrants move to $15 from under $2. Just look at BNGOW or BLNKW to see the types of returns that are offered by warrants. 

TYME - starting to have a breakout after trading below a $2.50 financing. Financing has closed. Looks ready to go on a run after patent claims to treat COVID-19 infections. 

LIVE and KOSS - these two are small float runners, instead of heavy short interest plays. KOSS already ran over $100 from less than $10 and LIVE can have the same potential from $28. These two are okay because their floats are so small that putting a little bit of money here won't really impact your ability to buy and hold GME. KOSS ran over $100 on January 28th on only 11 million volume. LIVE has volume of less than a million and if it got to 10 million volume in a day it would probably run like KOSS too. 

Live Ventures Incorporated is a mix between GME and KOSS. It has a business like GME and a float like KOSS. 

This is KOSS's share stats from Yahoo:











This is LIVE's share stats from Yahoo:












LIVE's float is actually much less than KOSS, 1.26 million versus 3.72 million. LIVE also has more short interest, 79.52K or 6% of the float versus KOSS with 12.76K or less than 1% of the float. 

LIVE owns Vintage Stock. Vintage Stock is a retailer like GameStop that sells Music, Movies, Video Games, Comic Books, Posters, Toys and Sports Cards. It has about 60 locations across the southern United States. 

https://vintagestock.com/

LIVE also has really good financials, it has only an 8 PE ratio. Most companies have a PE ratio of 20 or more. 

Can this one go to $1,000? Or at least $100. We think so. 

LIVE is also big because unlike AMC and NAKD, it's not diluting, it's buying back stock instead. Look at the share float drop from 2 million to 1.5 million over the last two years. 


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