<<<<< LETS START THESE BACK N FORTHS BEFORE THEY GET FIXED AND EVERYONE FORGETS>>>>>>>>>>> LAST TIME I RAISED CASH WE CRASHED 4% LIKE I TOLD YOU WE WOULD. THEN THE MARKET RECOVERED AND A FEW OF YOU HAD A LAUGH AT MY EXPENSE. I USE MY SAME METHODOLOGY this time and AGAIN FLAGGED WANING MOMENTUM BEFORE THE FALL.... AND HERE WE ARE AGAIN, THOSE OF YOU THAT POO PO MY CALLS SEE HOW YOU FEEL NOW IN THE MIDST OF IT BEFORE LATER REFLECTIONS MAKE YOU BOLDER.... Stock futures fall, yields pop as sell-off set to continue: Stock market news today
YES I've been through about three of them if not four. All with the same guy as my manager. Small firm by HF standards. My guy is full on partner now and part of the founders of the firm. There is alot of moving around and trying to take your accounts with you that happens in the HF world. I've been told in the past not to answer the phone if his old employer calls!
Stoney we had a member out of Vancouver and New York who ran his own $50 Million fund(Probably $200 now) and posted here until 2013. It’s too bad he bailed from Elite,
This is an old stock of mine I lost tack of- Itron raises FY23 EPS view to $2.03-$2.28 from $70c-$1.10, consensus $1.47 » 08:43 ITRI
It was all the way back to the Bare Essentials thread CHART LOOK***** Idea for Tomorrow.- Itron, Inc. (ITRI)- Trying again to break YTD downtrend. ST Target $59- looking at it.// Lt Potential $77 54.11+2.8 #850 Mar 29, 2022 Report Reply Share ITRI Itron, Inc.- LT Target Hit! $76.75-1.76(-2.24%)4:00 PM 08/02/23 NASDAQ |$USD |Pre-Market:$82.98+6.23(+8.12%)8:59 AM
The Chart Master strikes again! Look how we hit the number on the nose yesterday! So pissed I had a chunk of this in the low $50's... not sure what I let it go for...
->STOCK LOSER OF THE DAY--PZZA PZZA Papa John's International, Inc. $81.630.32(+0.39%)4:00 PM 08/02/23 NASDAQ |$USD |Pre-Market:$77.75-3.88(-4.75%)9:10 AM
Very nice Earn report! MGP Ingredients Consolidated sales increased 7% to a quarterly record of $209.0 million; Net income and adjusted EBITDA increased 26% and 28%, respectively ATCHISON, Kan., Aug. 03, 2023 (GLOBE NEWSWIRE) --MGP Ingredients, Inc. (Nasdaq: MGPI),a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the second quarter ended June 30, 2023. 2023second quarterconsolidated results compared to2022second quarter Sales increased 7% to $209.0 million. Gross profit increased 29% to $76.3 million, representing 36.5% of sales. Operating income increased 25% to $44.1 million. Adjusted operating income increased 29% to $45.6 million. Net income increased 26% to $32.0 million. Adjusted net income increased 31% to $33.1 million. Adjusted EBITDA increased 28% to $51.2 million. Basic and diluted earnings per common share (“EPS”) increased to $1.44 per share from $1.15 per share. Adjusted basic and diluted EPS increased to $1.49 per share from $1.15 per share. “We are very pleased with our continued momentum during the second quarter. Our strong performance underpins our long-term strategy and the value we bring to our global customer base,” said David Colo, president and CEO of MGP Ingredients. “Sales of brown goods grew 30% from the prior year period, driven by strong demand for our new distillate and aged whiskey. Within our Branded Spirits segment, we completed the acquisition of Penelope Bourbon in June, further strengthening our portfolio of premium plus brands, which grew 29% in sales from the prior year period. We expect our continued investment in premium plus spirits brands to position us well for incremental growth and margin expansion opportunities in the future. Our Ingredient Solutions business generated record sales during the quarter, which continued to benefit from the shift in consumer behavior toward plant-based diets. We believe our strong performance underscores the strength of our business model, and we remain committed to executing against our strategy to create further shareholder value.” Distilling Solutions In the second quarter 2023, sales for the Distilling Solutions segment increased 9% to $116.9 million year- over-year, reflecting a 22% increase in sales of premium beverage alcohol, due to higher brown goods sales. Gross profit increased to $38.7 million or 33.1% of segment sales, compared to $29.8 million or 27.8% of segment sales in the second quarter 2022. Branded Spirits For the second quarter 2023, sales for the Branded Spirits segment decreased 2% to $57.6 million, while sales of premium plus brands increased 29% to $23.8 million. Gross profit increased to $26.0 million, or 45.1% of segment sales, compared to $21.0 million, or 35.8% of segment sales in the second quarter 2022. Ingredient Solutions In the second quarter 2023, sales in the Ingredient Solutions segment increased 18% to $34.5 million year- over-year. Gross profit increased to $11.6 million, or 33.6% of segment sales, compared to $8.5 million, or 29.0% of segment sales in the second quarter 2022. Other Advertising and promotion expenses for the second quarter 2023 increased $2.6 million, or 42%, to $8.6 million as compared to the second quarter 2022. Corporate selling, general and administrative ("SG&A") expenses for the second quarter 2023 increased $5.7 million, or 32%, to $23.5 million as compared to the second quarter 2022. The corporate effective tax rate for the second quarter 2023 was 25.3%, compared with 22.4% from the second quarter 2022. 2023 Outlook MGP is offering the following revised consolidated guidance for fiscal 2023: Sales are projected to be in the range of $815 million to $835 million. Adjusted EBITDA is expected to be in the range of $187 million to $192 million. Adjusted basic EPS is forecasted to be in the $5.35 to $5.50 range, with basic weighted average shares outstanding expected to be approximately 22.1 million at year end
This looks interesting: Even with futures on major benchmarks pointing toward modest losses at the beginning of the trading session, companies focused on freelance workers and thegig economyfared well. Earnings reports from bothUpwork(UPWK-0.50%)andFiverr International(FVRR-3.25%)lent support to the idea that gig work is gaining acceptance in the global workplace. Although both stocks are well below their record levels in recent years, the two companies have high hopes about what the future will bring. An up move for Upwork Shares of Upwork climbed 16% in premarket trading Thursday morning. The freelance marketplace provider reported second-quarter financial results that revealed some favorable trends that could keep the business rebounding. Upwork's financial results were mixed. Revenue for the quarter came in at $169 million, which was up 7% year over year. Upwork's net losses narrowed considerably to $4 million, and adjusted pre-tax operating earnings went positive. The company attributed the improvement on the bottom line to cost savings actions taken earlier in the period in response to difficult macroeconomic conditions it faced. Take rates increased from 15% a year ago to 16.3% during the quarter. NASDAQ: UPWK Upwork Today's Change (-0.50%) -$0.05 Current Price $9.97 UPWK KEY DATA POINTS Market Cap $1B Day's Range $9.68 - $10.02 52wk Range $6.56 - $21.91 Volume 98,309 Avg Vol 2,234,953 Gross Margin 74.46% Dividend Yield N/A Investors seem quite pleased with theextensive efforts Upwork has madeto emphasize the expertise of its gig workers inartificial intelligence(AI) and machine learning. A new partnership with OpenAI will give Upwork credibility in attracting interest from businesses seeking help with their AI projects, with dedicated specialties in areas like large language models, prompt engineering, and other productivity-enhancing skills. It's likely that near-term pressures will keep Upwork from growing as quickly as some investors would prefer, as is evident from gross services volume falling 1% year over year and active client counts remaining relatively flat over the past several quarters. In time, though, shareholders are optimistic that the need for qualified support in key specialty areas will drive more interest in Upwork's marketplace. Fiverr follows suit Gains for Fiverr International's stock weren't quite as impressive as those of Upwork's shares. However, the freelance platform provider's shares did manage a 5% gain in premarket trading early Thursday. Fiverr's metrics for the second quarter of 2023 generally showed modest growth. Revenue of $89.4 million was up 5% year over year. Active buyers remained flat at 4.2 million, although spending per buyer climbed at a roughly 2% annual rate. Take rates improved by nearly a full percentage point to 30.7%, and Fiverr eked out a modest profit of $200,000 and adjusted pre-tax operating earnings of $15.3 million. NYSE: FVRR Fiverr International Today's Change (-3.25%) -$0.96 Current Price $28.55 FVRR KEY DATA POINTS Market Cap $1B Day's Range $27.76 - $28.86 52wk Range $24.58 - $47.66 Volume 25,245 Avg Vol 903,233 Gross Margin 79.80% Dividend Yield N/A Fiverr is using AI in a novel manner, with the release of its Fiverr Neo designed to match up employers and gig workers in a way that's most likely to produce mutually beneficial relationships. Neo is powered by the latest technologies in neural networking, machine learning, and large language models, and Fiverr is excited about its ability to provide the perfect match for its clients. Some have feared thatAI would pose a threat to demand to gig work, as the technology could replace the need for human employees. However, Fiverr sees more upside in artificial intelligence than downside, and that could be the turning point for a stock that is still well below its all-time highs.