An incredibly bold call at the time. Stoney was saying "this is the start of something new." (quote below) As was the Wall Street promotion machine he religiously follows. As usual.... market intuition, and not the herd, got it right. Only 54 more points and one week to go. One more day like today. HEY STONEY!!!! --->You're welcome.
Gold and Oil continue to be very solid bullish with the related stocks trying lethargically to play catch up. Most are at recent resistance with the odd one threatening to break out ( eg Baytex Energy, Lucero ). Some are doing very little ( eg Whitecap, Crescent Point ) I'm not sure why they can't catch any momentum other then large players dumping stock. Athabaska consolidating after a massive ytd move to new highs. A big rally in Oil producers and Gold/Silver miners is a decent possibility on Monday. Today's commodity moves hit almost no stocks because of option expiry. Earnings reports start Wednesday most should be quite good and remind market participants that the fundamentals are really strong in Oil and much improved for some oversold mining stocks. .
Greetings children of the night. I know you are frustrated the large wooden doors are closed. I can hear it in your voice. Dear Van it's not enough to be given 90 pt S&P move- a predicted sell off and then another 40 he wants more. Greedy boy. I cashed out- the start of something more took a backseat to a war breaking out. Shit happens. But that doesn't mean the children shall be deprived a stock of the week-- I would like to consult with my son about this because he may be knowledgeable about FaZe Clan I am not although i love the name--- My son wakes up very late-- GameSquare To Acquire One of the Biggest Names in Gaming, FaZe Clan GameSquare Holdings, Inc. Stock of THE WEEK GAME +3.03% Watchlist FAZE +8.51% EXPANDS SCALE AND CAPABILITIES TO CREATE A LEADING CONTENT, MEDIA, AND ENTERTAINMENT COMPANY FOCUSED ON GAMING, ESPORTS AND YOUTH CULTURE Returns FaZe Clan's founders to lead the FaZe brand and reestablish authenticity Establishes the largest audience in gaming with over 1 billion social followers Significant cost-saving opportunity of over $18 million on a run-rate basis Combined company to manage a robust portfolio of brand partnerships, including Porsche, Jack In The Box, Xfinity, Miller Lite, H-E-B, GHOST and more Transaction expected to close in the fourth quarter of 2023 FRISCO, TX and LOS ANGELES, CA / ACCESSWIRE / October 20, 2023 /GameSquareHoldings, Inc. ("GameSquare") (NASDAQ:GAME)(TSXV:GAME) and FaZe Holdings Inc. (NASDAQ:FAZE) ("FaZe Clan") announce that the two companies have entered into a definitive agreement pursuant to which GameSquare will acquire FaZe Clan in an arm's length all-stock transaction. The acquisition brings together two complementary businesses to create one of the world's leading content, media and entertainment companies focused on gaming, esports, and youth culture. The combined company will be powered by a progressive end-to-end platform of leading media and agency organizations, gaming and esport teams, creative services, and technology capabilities. Combined, FaZe Clan and GameSquare generated annual revenue of approximately $138 million and achieved a 26.3% gross margin in 2022. Management expects to realize over $18 million in run-rate cost savings from the FaZe Clan acquisition, supported by reduced duplicate corporate costs and other cost savings. The combined company plans to give guidance once the transaction is closed. "The gaming community represents one of the largest and most engaged segments of the attention economy," stated Justin Kenna, CEO of GameSquare. "The acquisition of one of the biggest names in gaming serves as a perfect illustration of how we have built a powerful infrastructure with expansive scale that we can use to leverage the full spectrum of resources within the GameSquare ecosystem. We are also thrilled to welcome back the founders of FaZe Clan and their fans, one of the most deeply engaged communities born on the internet." "I'm confident that with Tommy, Apex and me back in charge of the brand, FaZe Clan will get back to where it was in its peak years," stated Richard "FaZe Banks" Bengtson, who will take on the CEO role of FaZe Clan after the transaction closes. "We grew up on the internet and understand this brand better than anyone ever could. We are grateful to have found a partner in GameSquare who sees that value in us and can help execute our vision. We're going to produce first, talk later." "Joining forces with GameSquare creates greater scale and exciting opportunities in the emerging market for gaming and youth culture," stated Christoph Pachler, Interim CEO of FaZe Clan. "The strength of the FaZe brand and GameSquare's infrastructure are a powerful combination that will enable FaZe shareholders to benefit from the combined company's long-term value creation potential." Significant Strategic Combination and Financial Rationale The combination with FaZe Clan continues GameSquare's strategy of acquiring leading companies focused on esports, gaming, and youth culture to increase capabilities, grow scale, unlock cost savings, empower fans and creators, and drive value for shareholders. The combination of FaZe Clan and GameSquare: Returns FaZe Clan's founders to lead the brand and reestablish authenticity Richard "FaZe Banks" Bengtson to be CEO of FaZe Clan, which will operate as a wholly owned subsidiary and independent division of GameSquare Thomas "FaZe Temperrr" Oliveira to be President of FaZe Clan Yousef "FaZe Apex" Abdelfattah to be COO of FaZe Clan Founders are focused on refreshing the FaZe Clan brand, re-engaging with its core fanbase and empowering individual FaZe Clan creators and their communities Establishes leading platform connected to esports, gaming and youth culture Creates the top creator network in gaming and esports with over 250 million hours of content watched in 2022 across both companies' talent networks Talent network includes leading gaming, sports, and entertainment personalities such as Ninja, TimTheTatman, Max Holloway, Trevon Diggs, FaZe Banks, FaZe Temperrr, FaZe Apex, FaZe Nickmercs, FaZe Rug, FaZe Swagg and more. Combines hyper-engaged global fanbases with over 1 billion combined social followers, with a core focus on 13 - 34 -year-old audiences Leverages GameSquare's progressive, end-to-end platform to connect global brands with hard-to-reach audiences Powerful infrastructure supported by award-winning media and agency assets, influential gaming and esports teams, leading creative services, and best-in-class, SaaS-based technology assets Unites powerful portfolio of brand partners including Porsche, Nike, Jack in the Box, Xfinity, Miller Lite, H-E-B, and GHOST Combination with FaZe Clan enhances GameSquare's growth potential by increasing brand opportunities across GameSquare's product offerings Enhances scale and unlocks significant cost-saving opportunities Management expects to realize over $18 million in run-rate cost savings, supported by reduced corporate costs and focus on driving efficiencies across the organization Game-square Holdings, Inc. (GAME) NasdaqCM - NasdaqCM Real Time Price. $1.70 (+3.03%)
STONEY!!!! It looks like your "start of something big" was another horrible top-tick call on your part. That make 3 in a row. As one reader wrote the GBA mailroom Friday: Dearest Van, you stud you... Has fading Stoney become the #1 edge when trading the SPX on ET? All of my love, Didi in Dallas ------------------- Dear Didi, It would appear so. He makes it easy. Thanks for the email. ~Van
STONEY!!!! This post of yours 100% confirms VZ's idea for stock of the week. COIN is heading north. $74.66 Buy any and all weakness. BTC has consolidated, the weak hands are out. One of these day's Stoney will learn how to read a chart.
From $2.15 to $1.70 Why is it we never get an all caps Stoney post for a 20%+ loser? Times like these don't call for penny stocks that are being desperately pimped by certain factions of the Wall Street promotion machine. The children are down 20% on this one Stoney. Quit reading popular websites for your stock ideas. Especially for stocks under $2. Your record speaks for itself on these. And it's horrible. GBA readers deserve better.
Gooooood Morning.- I have hundreds of foaming football fans and a QB controversy to stoke!!! Quick note on an idea I developed over the weekend-- Elbit Systems (ESLT) Israel’s Elbit (NASDAQ:ESLT) is a pioneer when it comes to developing high-tech products for militaries. For example, in January, the company agreed to provide NATO with anti-missile systems for the alliance’s tanker transport plane fleet. Moreover, ESLT will sell NATO its autonomous laser-based system which protects planes “against sophisticated heat-seeking ground-to-air missiles,” JNS reported. Anti-missile lasers are generally much cheaper to utilize than missiles that are used to shoot down the enemy’s missiles. For that reason, I expect Elbit to sell many more of its laser-based anti-missile products. Moreover, I believe that the company will greatly improve the product down the road. Last summer, ESLT unveiled a new electronic, aircraft-based product that detects drones and enemy soldiers. Over the long term, Elbit is likely to develop additional anti-drone offerings. Given the extensive use of drones in recent conflicts in Ukraine and Gaza, I expect the demand for Elbit’s offerings in this area to soar May I introduce the " Iron Sting " Last time Hamas and Israel went at it / Israel was firing dumb weapons. Now with GPS tracking on ballistics Hamas is going to find there is no where to hide. Direct hit will come-- I think the plan is to try and convince Israel to not invade but simply spend a year taking apart Hamas with these-- and yes they come from Elbit-