GBA Presents: House of Gummy-!

stonedinvestor · Jun 14, 2023

TrailerParkTed said:
Alex Brown, why did I say Alex Jones? Stoney he’s the genius the Greek owners needed to launch into the restaurant business. They were a grocery item before him.

https://restaurantleadership.com/profile/brett-schulman
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Isn't Alex Jones the guy that was sued for denying the fact that kids were shot at a school? Saying it didn't happen. He was on the radio Or is that someone else. I remember that name vaguely from the Capitol Riots.

CAVA was founded in 2006 by three Maryland natives — Moshovitis, Ted Xenohristos and Ike Grigoropoulos – and has grown to more than 130 restaurants across the country. It also owns Zoës Kitchen, a restaurant chain it acquired in 2018 for $300 million.

Moshovitis, Xenohristos & Grigoropoulos maybe not the first law firm you would run to but a hell of a pita dip idea!!!!

stonedinvestor · Jun 14, 2023

One thing Biden and Co are really screwing up is the lack of refilling of the oil reserves.-

I would of thought this move down recently in oil price was the perfect time to do it.

Do they expect oil to go lower?

They do control the Russian war... right? Interesting right?

This is just a thought but Putin about to get ass spanked may very quickly strike a deal here right?

and oil would decline severely... I am nervous made abet here for sure...

why else have they not refilled the reserves?

THE STORY NO ONE IS TALKING ABOUT....

TrailerParkTed · Jun 14, 2023

stonedinvestor said:
Isn't Alex Jones the guy that was sued for denying the fact that kids were shot at a school? Saying it didn't happen. He was on the radio Or is that someone else. I remember that name vaguely from the Capitol Riots.

CAVA was founded in 2006 by three Maryland natives — Moshovitis, Ted Xenohristos and Ike Grigoropoulos – and has grown to more than 130 restaurants across the country. It also owns Zoës Kitchen, a restaurant chain it acquired in 2018 for $300 million.

Moshovitis, Xenohristos & Grigoropoulos maybe not the first law firm you would run to but a hell of a pita dip idea!!!!
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They were grocery store and deli commodities until Brian and his wife brought the idea of a restaurant to them. He’s the Ray Kroc of CAVA. You don’t remember Alex Brown brokerage?

stonedinvestor · Jun 14, 2023

ASAN update-

It has taken way to long to get to where we are.

$18---> $25 is not nearly what I thought we could get out of this trade.

Exiting this am. ~si

Van-! ASAN lets do this together we either go to the moon or we blow up together e plurbus uniium@!!!!

ASANA INC CL A selected

Last Price by Size over ExchangeLast Price x Size / Exch
Last price:
18.09

vanzandt · Jun 14, 2023

stonedinvestor said:
Hey all. The House Of Gummy is in a quandary. When we made our year call for the markets we were the only ones. The common thought for 23' was Dip then Rip.// We made a big point of going the other way-- Rip then Dip. We were right.

3585 ------ became 4,200 // I said many times through the process that A) The Fed could deal with an S&P up to 4,500 and B) that I would sell when I first started to hear 4,400 Targets laid out by the same experts who had missed the huge move.

I have done that-- selling many winners just the past 2 weeks.

Was that the right move? / I'm not sure. The one man who has had this market right every step of the way along with me is Tom Lee and this is what he has to say-

Wall Street’s biggest bull called this year’s stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’

Tue, June 13, 2023, 5:37 PM EDT
In this article:
^GSPC
+0.69%
Not many on Wall Street were able to call the huge S&P 500 comeback this year after the index plummeted into its first bear market in a generation last year. But then there was Tom Lee. Back in December, the veteran analyst and cofounder of Fundstrat Global Advisors argued that the S&P 500 would jump more than 20% this year to 4,750—a price target 17% higher than Wall Street's median forecast. And in March, Lee doubled down on his bullish take, arguing stocks were set to soar due to falling inflation, a dovish Fed, and reasonable valuations after 2022’s dismal year. Since then, the S&P 500 has rallied nearly 10%, for an over 14% upswing year to date. It’s looking pretty good for Lee’s prognostication, and now he’s back with another big call.

Lee, who is generally known for his bullish forecasts and support of cryptocurrencies, says that stocks will continue their march higher. Despite more than a year of consistent recession predictions from Wall Street (probably amounting to the most widely predicted recession in history), he notes that the economy has remained resilient, with the unemployment rate hovering near pre-pandemic lows and GDP growth continuing in the first quarter.

“I think instead of a recession unfolding, the economy is actually slipping into an expansion,” Wall Street’s biggest bull told CNBC Monday.

Here’s what Lee is seeing that everybody else might be missing.

“Conditions for profits to actually outperform”
Investment banks have repeatedly warned that the Federal Reserve’s rapid interest rate hikes will eventually slow the economy enough to spark a recession, with some top strategists predicting that corporate earnings will fall throughout the remainder of the year and crush stock prices. But Lee pointed to falling commodity prices, healing supply chains, and the strong labor market as evidence that the economy—and corporate America—may be in better health than many imagine.

“I think these are conditions for profits to actually outperform, and at a time when investors’ positioning has been so offsides,” he said, noting that investors have been “very cautious” to invest this year amid consistent recession predictions.

Lee has seen some of Wall Street’s recession fears turn to FOMO (fears of missing out) in recent weeks, which could increase flows into the stock market. And while many analysts have cautioned that this year’s stock market rally has mainly been led by a few tech giants, the Fundstrat cofounder doesn’t see that as a negative.

“I don’t think stocks are overextended. I think the FANGs did the heavy lifting [in this year’s rally],” he said, referring to the famous Facebook-Apple-Netflix-Google tech basket, “and if we are slipping into an expansion, a lot of other names are going to participate.”

Lee isn’t totally alone in his bullish view. Jay Hatfield, Infrastructure Capital Management’s CEO, told Fortune that he believes inflation will fall to just 3.1% in June, enabling the Fed to end the rate hiking campaign that has weighed on stocks later this year.

“We believe that the Fed will be forced to capitulate on their ‘entrenched’ theory of inflation, just as they capitulated on their ‘transitory’ theory, as the year-over-year data confirm that inflation is plunging,” he said.

Hatfield now sees the S&P ending the year in a range between 4500 and 5000, as inflation fades and “an A.I. boom continues to fuel the stock market and increases economic activity.”

For Tom Lee, the only thing that could quash the market’s rally this year is an aggressive Fed, which, as some economists told Fortune earlier today, isn’t satisfied that it has fully licked inflation yet. But Lee doesn’t see that happening.

“I think this level of inflation is going to start to look more acceptable to the market and to the Fed,” he said. “And then the question is, ‘Is the Fed okay with where stocks are’? And I think they are.”

.... And that's where we are. Tom thinks the Fed will grudgingly accept 4% inflation.

I sincerely doubt that. Although I recommended many time the Fed move the goalposts to make the job seem easier... he hasn't./ ~si
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Stoney this laughable. For one thing, you have been wrong on the market direction all year as we sit above 4300. Only I have nailed the weekly near term calls, and of course long term... which hasn't changed, 2023 closes lower than it opened. Never blinked.

For another thing, only 8 thousand other talking heads say 2% inflation is too hard to reach... and they've been saying it ever since this whole show started.

And lastly... post the politics stuff down in politics. No one wants to read that. This thread is for stocks, not youtubes and news reports on Ukraine/Russia. You get a pass on the grain update. I already knew that as I went down in politics yesterday and asked someone that knows... he explained yesterday AM that Putin wouldn't stop shipments to poor countries in Africa etc.

stonedinvestor · Jun 14, 2023

There have been several studies that I have wanted to be a part of. All of this testing with ecstasy & mushrooms I'm jealous!

The young blood thing-- do we live longer.

The temptation of a sexy massage... do we stay faithful? Test me-!

But this is the one that I really may have an ability at-- I can take a kick from a beautiful woman.

Have for years...

stonedinvestor · Jun 14, 2023

Ok I'm thinking about making Next Week...

GBA CHINA WEEK-!

All China ideas.... All China All the Time.. Lets hit reset and be friends!!!

stonedinvestor · Jun 14, 2023

I ABSOLUTELY LOVE THIS!!!! WHERE DO I SIGN UP.. I'M SERIOUS... I HAVE FINALLY FOUND MY PASSION/ CALLING----

vanzandt · Jun 14, 2023

TrailerParkTed said:
They were grocery store and deli commodities until Brian and his wife brought the idea of a restaurant to them. He’s the Ray Kroc of CAVA. You don’t remember Alex Brown brokerage?
More...

Do you have the ability to get any shares pre-ipo on CAVA?
If not just tell us you bought at the open, if it goes up 30% that day... we can all listen to how only you saw this great stock.

Btw.. I emailed @Baron and requested another one of his review videos of their food like he did for us on PTLO, and he was kind enough to check out one by his house, and it is currently under construction. When it's open, we'll get the @Baron 's Diners, Drive-In's and Dive's vid.

stonedinvestor · Jun 14, 2023

And lastly... post the politics stuff down in politics. No one wants to read that. This thread is for stocks, not youtubes and news reports on Ukraine/Russia. You get a pass on the grain update. I already knew that as I went down in politics yesterday and asked someone that knows... he explained yesterday AM that Putin wouldn't stop shipments to poor countries in Africa etc.

OH VZ!!
YOU HAVE ME ROTFL!!!!IS THIS A WAY OF SAYING "I BLEW THE BREAKING NEWS REPORT!!!"

HAHHAHAHAHAHAHAHA-- IT'S TOO LATE VZ YOU SLEPT IN AND STONEY HAS STOLEN BACK THE NARRATIVE!!!!!

HAHAHAHAHAHAHAHAHAHA

VIVA' LE STONED ONE-----ANOTHER HUGE WINNER WINNER CHICKEN DINNER...
OMG-- 3 IN A WEEK!!! EPIC PERFORMANCE....I BET OUR VIEWS WENT UP...

WHY DO YOU THINK I WENT BACK INTO THE LAST THREAD YESTERDAY AND DUG UP OUR LITTLE UV PLAY OF ALL THE NAMES WE TALKED ABOUT 1000'S WHY THAT ONE-?.... COULD I HAVE ANTICPATED A LARGE CONTRACT???????? HUMMMMMMM/// GOOD THING'S COME TO THOSE WHO LISTEN....<-----

VIVA THE CHILDREN!!~