GBA Presents: RADIO SAVANT-!

stonedinvestor · Sep 13, 2022

stonedinvestor said:
Mativ director buys $341K in common stock 17:50 MATV In a regulatory filing, Mativ disclosed that its director Jeffrey Keenan bought 15K shares of common stock on September 2nd in a total transaction size of $341K.
More...

MATV

stonedinvestor · Sep 13, 2022

vanzandt said:
I'm not gonna cast any stones at this one lol.
This friggin stock...
TWLO>>> $66.07
More...

We are up $9 already! watch today if it holds BUY BUY BUY-!

TWLO Twilio Inc.
Stock Price & Overview

$75.653.46(+4.79%)12:00 PM 09/12/22
NYSE |$USD |Pre-Market:$76.30+0.65(+0.86%)4:24 AM

vanzandt · Sep 13, 2022

stonedinvestor said:
Bank of America- UP!

This can go a number of ways from here.

Way A) Market sniffs a soft landing and gets a soft CPI which sets off a massive rally.

Which the Fed answers with .75 and market tanks.

Way B) Market rallies next week into CPI print which shockingly shows persistent high inflation still. Stocks crash.

Fed answers with .50 <---------- Saves The Market.-

The Fed has a better handle on lead times than we do... prior rate hikes in the system yet to work their way through.
More...

YOU'LL NEVER GET ON TV WITH WISHY WASHY POSTS LIKE THIS.

WHAT IS "A OR B"?!

THE CHILDREN NEED DEFINITENESS

STICK WITH VZ STONEY
#1 FOR A REASON

stonedinvestor · Sep 13, 2022

stonedinvestor said:
THE BOTTOM OF THE WEEK-

NEW SEGMENT-

I have had some look spotting bottoms. They are twitchy and attractive and one can easily fall for a nice bottom without properly thinking out the consequences. These bottom spots are not usually based off any technical merits which makes the process harrowing.

Today we take you to 203 Redwood Shores Parkway,8th Floor.Redwood City, CA... to a little place called GoshPosh.

Description
Poshmark, Inc. operates as a social marketplace for new and secondhand style products in the United States, Canada, India, and Australia. The company offers apparel, footwear, home, beauty, and pet products, as well as accessories. As of December 31, 2021, it had 7.6 million active buyers. The company was formerly known as GoshPosh, Inc. and changed its name to Poshmark, Inc. in 2011. Poshmark, Inc. was incorporated in 2011 and is headquartered in Redwood City, California.

Barclays analyst Trevor Young raised his rating from equal weight to overweight, noting positive signs in the company's recent earnings report. He argued that its growing base of active buyers has reached a tipping point for the platform. Young also cited high engagement from social elements of the platform, secular tailwinds, and a benefit from consumers trading down during a possible recession. Young raised his price target on the stock from $13 to $17.

In a tough quarter fore-commerce stocks, Poshmark reported revenue growth of 9% to $89.1 million ahead of estimates at $87.4 million and coming after it delivered 22% top-line growth in the quarter a year ago.

Active buyers rose 14% to 8 million, but adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA)flipped from a $6.5 million profit in the quarter a year ago to a $9.8 million loss, showing the company is having trouble monetizing its user growth.

Guidance for the third quarter was also weak, calling for a sequential decline in revenue to $85 million to $87 million and an adjusted EBITDA loss of $9 million to $11 million.

That does not sound good. But is it the sort of clearing out process that then leads to a bottom?

As the U.S. continues to wrestle with economic uncertainty and inflation,demand for luxury goods has remained strong. But that may be starting to change, at least for part of the luxury market.

According to Pauline Brown, former LVMH Chairman of North America, there are two types of luxury consumers, and they're responding differently as inflation wears on.

"There are the uber affluent and then there's the aspirational consumer," Brown told Yahoo Finance Live (video above). She added that recent earnings "indicate that at least on the margin of luxury goods, that there is some fraying. But there is also a segment of buyer that is utterly immune to the kind of forces that we're talking about.”

Brown explained that retailers like Ralph Lauren (RL) and Capri Holdings (CPRI), which owns Versace and Michael Kors, are more dependent on aspirational consumers whereas LVMH (LVMUY) and Gucci-owner Kering (KER.PA) rely on the "core" affluent consumer.

Ralph Lauren and Capri beat Wall Street expectations in the second quarter, though the European fashion houses held up even better, Brown said. LVMH and Kering both reported revenue growth of over 20% in the first half of the year despite macroeconomic pressures.

As the overall retail sector faced a series of setbacks in recent months, Brown stated that luxury conglomerates remained steady because wealthy consumers were paying full price and buying in volume.

"That's great for the bottom line of these companies," Brown said. Consumers are “just not looking for discounts in the way that they historically have, number one, because there's a lot of occasions. There's travel, and there's weddings, and there's other celebrations. And that is a big impetus for people to go into the stores."

The current environment marks a significant shift from the "very promotional environment" the luxury sector faced at the height of the pandemic.

And as the sector continues to rebound, year-over-year comparisons are also looking more favorable.

"I would say that in general, with the exception, maybe, of what's happening with the China consumer, which has slowed down for reasons that go above and beyond COVID and post-COVID, that the U.S. consumer, which is consistently showing the fastest growth, is still in a pretty healthy recovery mode from a year ago, and even from two years ago," Brown said.

And while the affluent buyer continues to shop for Louis Vuitton and Chanel at full price, aspirational consumers are looking elsewhere for contemporary brands, such as in the resale market and online marketplaces like Poshmark. <----------------------------

52 week low of $9

Poshmark, Inc. (POSH)- Bottom Call-
NasdaqGS - NasdaqGS Real Time Price.
10.58-0.71(-6.29%)

Take the 30% move. ~stoney

Poshmark, Inc. (POSH)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
Visitors trend2W10W9M
13.85+0.92(+7.12%)
At close: September 12 04:00PM EDT
13.47-0.38(-2.74%)
Pre-Market:08:58AM EDT

Man arranges the window of the Gucci luxury store on August 11, 2022, in Saint Tropez, France.

More...

stonedinvestor · Sep 13, 2022

stonedinvestor said:
STONEY!!!!

I'm calling a bottom on some of these chip stocks.
Look at Marvel.
That's a great company AND they make money.
Not only that, they make the high dollar chips like NVDA does.
Not the commoditized crap.
They had a great report. 40% yoy comps, raised guidance.
Pfff... you know why its down?
Your boy Cramer's handlers want to get in and so he is telling his investment club to hold off.

Well Stoney, the readers know you and I are better than ol Jimbo, albeit he too knows its an outstanding company.

MRVL is a GBA "top pick" for Q4 2022.

MRVL>>>> $53

This Cramer is such an idiot. He's telling his club members to sell everything they are already down on. His wife made him sell half of his account so he missed thebig run up- True Story! A sad sad clown I'm afraid.
More...

Maybe today @$48?

stonedinvestor · Sep 13, 2022

The next two weeks will be harrowing. I think we have another PPI # soon
or some read on inflation.

What I'm afraid of is a freak print. There was a momentary move down in bond yields during this period and a spike in home sales. Maybe car sales went up too. I think overall inflation is bending the curve but we may get this fake out.

The fake out itself will rattle the market but the real damage will be this time realization- how long high rates will be with us. How long inflation will be with us.

In my view we were given a chance this last rally to show ourselves right by the fed... but we acted like spoiled children nipping at the tat of tech.. same stupid stocks. Will they ever wake up?

Look at the PE of the market. You aint going anywhere with earnings reductions about to hit us like a wave.

We are in a bad place. And we must in the future go with different names... utilities perhaps, healthcare, green energy /// I don't know what.[/QUOTE]

AUG 26))))))) GBA PREDICTION.! ---> IS THIS A FAKE OUT? Or the Start down?

Yesterday the bulls were saying there has been no earnings reductions that was bullish.
Isn't it still?

stonedinvestor · Sep 13, 2022

stonedinvestor said:
Lets watch LICY

a bit further down the battery chain......

Li-Cycle Holdings Corp. (LICY)
NYSE - NYSE Delayed Price.
7.53+0.37(+5.17%)
At close: August 24 04:00PM EDT
7.54+0.01(+0.13%)
Pre-Market:09:20AM EDT
More...

Very strong buy candidate today. CC tomm

Li-Cycle Holdings Corp. (LICY)
NYSE - NYSE Delayed Price.
7.42+0.44(+6.30%)
At close: September 12 04:00PM EDT
7.06-0.36(-4.85%)
Pre-Market:

stonedinvestor · Sep 13, 2022

vanzandt said:
BIG INSIDER BUY ALERT:

Nextdoor Holdings
KIND ($3.21)
765K shares for $2.5M
Total owned: 824K

*** I wanna say there were more insider buys on this thing last week too.

Nextdoor Holdings, Inc. operates as the neighborhood network that connects neighbors, businesses, and public services in the United States and internationally. It enables small and mid-sized businesses, large brands, public agencies, and nonprofits to receive information, give and get help, and build connections. The company is headquartered in San Francisco, California.
More...

Holding firm at $3.25

stonedinvestor · Sep 13, 2022

stonedinvestor said:
Don't forget about Sempra.>

Is it oil or is it a utility? Or both? >

may not be sexy but in all the right places.-->
More...

Today is Buy Day For Sempra- @$176!!!

This is a 52 week high B/O <------------------- We have been watching this too long.

stonedinvestor · Sep 13, 2022

<< 2 Ideas >>

SRE-

LICY-