YOUR WEEKEND REVIEW. HELLO AGAIN. WHAT A WEEK WE JUST HAD. GBA ranked No 1 For a reason! We killed it. How? I have no idea I think we got lucky. Personally I just had a feeling, we were down too much, we were approaching that 4,200 level which is VERY important and I just felt the Market would roar on Fri. Once you get a gut feeling you search for a reason an flashpoint-what could set the rally off-- the big jobs number was on deck. And here I made a mistake falling in with the common thesis that a very large number would be terrible for stocks, we wanted a short number- so GBA put out a bad economic call that the number would come in light. This was done without any amount of reserach or counting of weekly numbers this was done purely to fit into the image I already had strongly formulated of a very strong rally on Fri. Thurs down down down and we stood up and predicted an up 90 S&P sort of day. I have looked all through youtube and Yahoo and we were the only one's who did that! When the number hit and it was a shocker I had the TV on and it all just looked really dark there for a moment. In fact I said the phrase" This isn't fun anymore " <------ You can't take yourself to seriously in this game and you have to look into yourself for moods that reflect opportunities, my despair at the moment was in a bigger sense multiplied many million times, the fear of the market- Creates bottoms. And then something funny happened.. The market as only a living thing can do-- it embedded positive thesis thoughts into the mix; thoughts on on wage inflation finally leveling here and not jumping again.. in the fact that all of these new jobs will provide Christmas presents and really recession in any form is now off the table<---- That 3,800 level is mild recession level always has been... So the electric kinetic energy of the market celebrated those facts and decided not to think about the Fed and continued tightening.-- Stocks rose because they was going to rise.. we felt that the day before, but the market saw through the alarming jobs news and found it's own reason to go up-- a good sign. There is every reason to believe 4th Qtr will being a strong rally. 3rd QTR numbers and their forward looking thoughts of course will be the kindling and we must get through a new shut down drama with new hard line faces across the table.. but the market is telling us now that it's going to be OK. We are not going to lose our debt rating. I sure hope the market is right. As for the STOCK OF The WEEK-- I am feeling the pressure and don't want this to be LOOK ANOTHER HUGE WINNER WEEK AFTER WEEK! I'd rather The Stock Of The Week just be general reading on ideas. Of course the public won't stand for that they want yet another winner.
Crisper is very close to becoming STOCK OF THE WEEK.- I am playing with fire by waiting. CRSP is more than $10 undervalued right now. And then after that $10 has many more to go to the upside. If there was ever a stk that could double it's this one.
I think I am going a little deeper this week and making COTY THE STOCK OF THE WEEK- NEWS IS DIFFICULT TO COME BY. Did they uplist in Paris? It looks like they did awaiting permission to be on another professionally traded sub sector there, but as far as I can tell they got their foot through the door,-- Sept 25 time frame- Granted I haven't seen any glowing announcements which makes me wary- Coty officially listed on Paris Stock Exchange | 26-Sep-2023 Finance The Rimmel owner confirmed earlier this year that it was exploring a dual listing to strengthen its European presence ->Coty has officially confirmed its listing on the Paris Stock Exchange. The beauty goliath, which owns Covergirl, Hugo Boss and Kylie Cosmetics, launched with an initial global offering of 33 million shares of Class A common stock. Coty has also applied for its listing and trading to be placed on the professional segment of Euronext Paris trading bourse.<-- I think this is why the PR has been damped down.. don't want to anger anyone./ The application is subject to approval from the Autorité des Marchés Financiers, France’s stock market regulator. <-- This is the part I heard and assumed it was regarding the initial placing but now I wonder if that's about the professional segment? So Confirmed Listing Or Not? /// Even if the approval still needs to come... I think it will. “The company intends to use the net proceeds from the Offering primarily to retire principal amount of outstanding debt,” Coty said in a statement. “Other uses include general corporate purposes, such as strategic investments in its business, working capital and capital expenditures.” It comes after Coty confirmed in May that it was exploring a listing on the Paris Stock Exchange. It was previously only listed on the New York Stock Exchange in the US, where the company is headquartered. The beauty giant said, at the time, that the move could attract more investors in the European market and strengthen its presence in the region. The dual listing comes after the company increased its outlook for the first half and full year of fiscal 2024. This was on the back of stellar sales of Coty’s newly launched Burberry Goddess fragrance. As well as Burberry, Coty has the fragrance and beauty licences for labels including Chloé and Gucci. It recently extended its deals with sportswear brand Adidas and long-term partner Davidoff.
On October 4, 2023, Director Isabelle Parize of Coty Inc (NYSE:COTY) made a significant insider purchase, acquiring 20,500 shares of the company. This move is noteworthy and deserves a closer look. Who is Isabelle Parize? Isabelle Parize is a seasoned executive with a wealth of experience in the beauty and cosmetics industry. She has been serving as a Director at Coty Inc, a leading multinational beauty company. Her insider position provides her with a unique perspective on the company's operations and future prospects. About Coty Inc Coty Inc is a renowned name in the beauty and cosmetics industry. The company boasts a diverse portfolio of brands across various categories like fragrances, cosmetics, skin care, and hair color. With its products sold in over 150 countries, Coty Inc has established a strong global presence. Insider Buying Analysis Over the past year, the insider has purchased a total of 20,500 shares and sold 0 shares. This indicates a positive sentiment towards the company's stock. The insider's recent purchase further strengthens this trend. Director Isabelle Parize Buys 20,500 Shares of Coty Inc
On the day of the insider's recent buy, shares of Coty Inc were trading at $10.29, Price Today $10.55. COTY IS YOUR STOCK OF THE WEEK-
I debated using Palantir as STOCK OF THE WEEK. If you look at a chart and hit 1 month you will see up 6%. And if you hit 1 day you will see up 5%/ One of the tricks I use to capture momentum.