BREAD is really a bit of a mystery stock. As I kicked the tires I kept asking myself am I missing something? Sure earnings had a bad 5 year run-! and are not expected top grow much year over year.. but the damage has been done. The earn power is there-- You can see the selling overwhelms the buying but look at time frames-- all the selling is grouped left when we were crashing.. and all the buying is on the far right where we are recovering.....
Next up SOFI> Hey 5.2 miln members & a wise April purchase-!- SoFi Technologies (SOFI), which offers digital financial services to over 5.2 million members. SoFi recently announced the acquisition of fintech mortgage lender Wyndham Capital Mortgage. The acquisition is expected to drive SoFi’s mortgage growth and operational efficiencies and broaden its mortgage product offerings. Jefferies analyst John Hecht, who ranks No. 366 among more than 8,300 analysts tracked by TipRanks, expects the Wyndham acquisition to help SoFi accelerate its mortgage originations volume “at the same time as the SOFI bank continues to grow deposits at an accelerated pace of 7.3x in 2022.” Note that SoFi’s mortgage segment accounted for about 4% of total originations in the fourth quarter of 2022. The analyst also highlighted that the Wyndham acquisition would “minimize” SoFi’s dependence on third-party partners and processes, thus driving cost savings over the long term. Hecht reiterated a buy rating on the stock with a price target of $8 saying, “We view the transaction favorably as it is strategic and will enhance SOFI’s mortgage segment, while taking advantage of the current Fintech valuation environment as an opportunity to build into the next mtg. cycle.”
It should be an interesting week for the children. This is the first time they will have seen their government in action handling the debt issue- It's alot like making sausage.- THE GOOD NEWS- Even if they come to an stalemate and have a big flare up, they will kick the can down the road. Pushing this whole mess off until Sept. Initially we will rejoice but I don't think the market will like that. It seems to me the compromise is in sight as long as Biden agrees to give the Covid money back. In actuality I have no problem with this if the virus comes back we will simply pour money in again-- to claw back whats sitting around seems wise. And that's a Republican talking point. I agree. Other areas of spending cuts they can hash out ex military./ The question is: Does The Market Have to force their hand? Each side has it's annoying sub sectors and the Republicans have these anti Democracy types who want to cut off funding to Ukraine, etc. And these three or four losers may cause trouble. On The Dems side crusty old fucks want to come off as not losing this showdown. In the past, the stock market has always puked and forced the hand of the bickering House & Senate & President. Must That happen This Time?
WHAT IS INTIMIDATION? // HOW TO IS FEEL TO- JUST BY YOUR PRESENCE- EFFECT THE MINDSET OF EVERYONE AROUND YOU? The Power, The Grace, the form of gummybear investing.
What does it take to get up every single day and attack the stock market. Our last thread ran 1 year- Shoot me! That's 1 year five days a week - all the research every day. All the listening. All the processing. All the attention. All the worry. It's alot. Don't get into this game unless you have the mental gymnastics inside of you-- each day be eager to learn.. be eager to form a thesis and prepare... The IPO market has been dormant. I mean-- Dead. I find that an interesting comment on our stock market.Perhaps things aint' so great. Big Pete used to make all of his money off the syndicate crap...just pushing one IPO after another/ With enough bridges burned... what's left? One would think an IPO coming now in this IPO desert landscape would have to be a very stable one and would have to have the numbers to back up the valuation.. This simply is not the time to bring a crap company Public. And believe you me there are a bunch of Biotechs and AI companies waiting....2024... To get there we have to have some success in the IPO market. Up steps IPO: Mediterranean restaurant chain Cava
Restaurant chain Cava reveals 2022 revenue jump in U.S. IPO filing Reuters May 19 (Reuters) - Cava Group Inc, the operator of a chain of Mediterranean fast-casual restaurants in the United States, revealed a 13% jump in full-year revenue on Friday as it made public its filing for an initial public offering. The company's revenue rose 12.8% to $564.1 million in 2022, up from $500 million a year ago. For the 16 weeks ended April 16, revenue rose 28% to $203.08 million. Founded by three friends with Greek roots - Ted Xenohristos, Ike Grigoropoulos and Dimitri Moshovitis - the group opened its first restaurant Cava Mezze in Rockville in 2006 and started selling its signature dips and spreads in local grocery stores within two years. Brett Schulman joined in 2009 to help Cava grow its packaged products offering and went on to become the CEO. The company opened its first Cava in 2011 in a 'chef-casual' format that incorporated a full-service restaurant and packaged products. Cava expanded from 22 restaurants in 2016 to 263 in the first quarter of 2023, according to the filing. In 2018, the company agreed to acquire publicly listed peer Zoe's Kitchen Inc for around $300 million, including debt, in a deal that created the largest restaurant operator in the Mediterranean category. The Washington-based company, which did not reveal the size of the IPO, had confidentially filed with the Securities and Exchange Commission in February to go public. JPMorgan, Jefferies, Citigroup and Morgan Stanley are among the underwriters of the offering. The company plans to list on the New York Stock Exchange under the symbol "CAVA". GUMYBEAR SAYS YES! //// PUT US IN FOR CAVA-- I will ask JP Morgan for allotment.
Ok.. that was quite the weekly reader I just gave you. For new viewers just finding us this is the type of work we provide. You can't match this at any other free site-- Go Try! I hope you all realize what a special situation we have here. I work my ass off and you all benefit. I've been up since 6:30 working on a Sat while you all sleep (Ted) My morning ritual... Try it>
Baron, go find yourself a CAVA and file a report. This time I got you. First off I am a lemonade freak. Blueberry Lemonade yes! I got a real hyped up guy.. he's most likely on meds... to give you this review-!