Salesforce drops as weak guidance may be the 'first shoe to drop' in a software slowdown<-------- Ahhhhh yes! Aug. 25, 2022 7:44 AM ETSalesforce, Inc. (CRM)NOW Salesforce (NYSE:CRM) shares dropped nearly 7% on Thursday as the cloud-computing software company lowered its revenue forecast for the full-year, due in part to foreign exchange headwinds and longer deal cycles, something Wall Street analysts worry could be the "first shoe to drop" in a broader slowdown.
ALERT*** GBA HAS BEEN LOOKING TO START A POSITION JUST ABOVE $10---> GET IN!!!!!! FIGS surges 11% after billionaire Ron Baron pitches Aug. 25, 2022 7:22 AM ET FIGS, Inc. (FIGS) YES! Figs Inc. (NYSE:FIGS) jumped 11% in premarket trading after billionaire famed invest Ron Baron said he has been purchasing shares of the healthcare apparel maker. Baron is speaking in an interview on CNBC. He called FIGS "the Lululemon of healthcare." FIGS, a direct-to-consumer seller of popular scrubs and other garb for medical workers, went public in May of 2021 and its shares have dropped 55%since then through Wednesday. Baron Capital owned 2.4 million shares of FIGS as of the end of June. FIGS has short interest of 11%.<---------- FIGS-> $ 10.50? FIGS FIGS, Inc. Stock Price & Overview $10.100.00(0.00%)4:00 PM 08/24/22 NYSE |$USD |Pre-Market:$11.39+1.29(+12.77%)8:01 AM<------------
--Golden Ocean reports Q2 EPS 82c vs. 63c last year --Activist JCP pushing Kirby for breakup or sale, Bloomberg says --Surge Energy resumed with a Buy at Canaccord 07:39 ZPTAF Canaccord analyst Mike Mueller resumed coverage of Surge Energy with a Buy rating and C$15.50 price target. He believes the strategy of focusing on amassing dominant positions in high-return, conventional plays "holds the potential to reward shareholders in the near, mid-, and long term," Mueller tells investors. --InPlay Oil resumed with a Buy at Canaccord 07:35 IPOOF Canaccord analyst Mike Mueller resumed coverage of InPlay Oil with a Buy rating and C$6.25 price target. He cites the company's debt-free status at year-end 2022 on his estimates and a production base "well above any point in the company's history."
Well I just took a 10 second look at LAND ad see alot of red flags alredy. Always check financing> Gladstone Land reduces series C preferred stock offering to $255M Aug. 24, 2022 4:36 PM ETGladstone Land Corporation (LAND) Gladstone Land (NASDAQ:LAND) said Wednesday itamended its $500M continuous offeringof its 6% series C cumulative preferred stock. The primary offering was reduced from 20M shares (~$500M) to 10.2M shares (~$255M). The amendment also limits the number of sharesto be sold under the dividend reinvestment plan to no more than 200K. The offering of the preferred stock will now terminate on by Dec. 31 or the date when all 10.2M series C preferred shares in the primary offering are sold. LAND so far sold ~$213M of its series C preferred stock since Apr. 3, 2020. "... rising cost of capital, cap rate compression in certain markets, and uncertainty surrounding the economy led to a slowdown in our acquisition activity this year. Thus, we believe it is prudent to slow down fundraising efforts with regard to the series C preferred stock and reduce our overall cost of capital," said LAND CEO David Gladstone. LAND intends to apply to list the series C preferred stock on Nasdaq or another exchange within 1 year of the termination date of the offering. 20M shares becomes 10 mil> adding preferred shares> Bit of a shell game. NO!
Red Flag- LAND still trades at a high premium (over 60%) to their NAV. Progression in NAV from their land appreciation has been slowing and is only $0.10 per share for the quarter vs. $0.48 in Q1. Red Flag-Base management fees increased by 50% and selling commissions and dealer-manager fees even tripled. Overall fees totalled nearly $12.3m for H1 2022 vs. $6.6m in H1 2021. This compares to only $40.2m of lease revenue. This means over 30% of lease revenue gets paid to Gladstone (up from 20% in H1 2021). But only half of that is visible in the income statement as the selling commissions and dealer-manager fees get booked directly to the balance sheet. Red Flag- Gladstone's debt is now straining its earnings, leaving the company dependent on share issuance to pay off notes and maintain dividends. Red Flag- LAND shares have sold off sharply since April. From a high of $42.10on April 20, the price plunged to $21.23 on June 16. That's a loss of (-49.6)% in under two months, from which shares have only slightly recovered. It seems like most stocks would of come back a bit....
Pure Cycle: 50-70% Conservative NAV, Hard-Asset Company, Lots Of Free Options And Insiders Own 21% ET Pure Cycle Corporation (PCYO) PCYO is an under-the-radar land and water resource company trading at a discount to a conservative NAV (0.5x-0.7x P/NAV). Despite trading at a discount, there are also a ton of free call options attached. This is a good opportunity to invest in hard assets (land, water) at a discount alongside management which owns ~21% (CEO owns ~4%). You’ve reached your free article limit Want more? We thought you might. Navigating today’s market isn’t simple. Special price for your first year Only $119 <------- F YOU!