https://www.sec.gov/Archives/edgar/...3046/xslF345X03/form410304004jaf_11142022.xml https://www.sec.gov/Archives/edgar/...3047/xslF345X03/form410304004ruc_11142022.xml $26M of Six Flag shares.
ES futures 3990 as I type. A mere 24 points. It's gonna be a BIG up day Stoney. Trade accordingly, because everything is gonna go up. I just feel it. ~vz
I think today... we'll make PATH the Gummy of the Day. PATH $12.55 pre-market as I type. Volume 460 shares. * ON NOV 10, BOARD APPROVED FURTHER RESTRUCTURING ACTIONS OF 6% OF THE CO'S GLOBAL WORKFORCE * UIPATH(PATH)- ACTIONS EXPECTED TO INCLUDE AN ADDITIONAL REDUCTION ACROSS FUNCTIONS OF ABOUT 6% OF CO'S GLOBAL WORKFORCE OF ABOUT 4,025 AS OF OCT 31, 2022 * MOST OF THESE WORKFORCE REDUCTIONS EXPECTED TO OCCUR BY THE END OF FISCAL YEAR 2023 * NOW EXPECTS TOTAL RESTRUCTURING EXPENSES OF APPROXIMATELY $30 MILLION * CONTINUE TO ANTICIPATE MAJORITY OF THE TOTAL CHARGES RELATED TO RESTRUCTURING WILL BE RECOGNIZED, PAID BY THE END OF FISCAL YEAR 2023 * SEES Q3 2023 REVENUE OF ABOUT $260 MILLION * SEES Q3 2023 ARR OF ABOUT $1.108 BILLION AS OF OCT 31, 2022 * Q3 REVENUE VIEW $245.3 MILLION ____________________________ Biden's little trip to China is gonna make this market soar. Don't say I didn't warn you you Stoney. Tech is NOT dead. Now all we need is WMT to stun everyone (including me), and although I closed HD, I still expect a VERY strong report. But it'll have to be real strong for HD to not pull back a little before it starts back up. We are heading north into years end. Write that down Stoney. Will we get to 4474? It'll be tough... but we're going up. You can thank me at Xmas.
But wait... there's more. I just saw this little gem go by: Corsair Gaming Priced ~4.5M Share Offering of Common Stock Late Monday at $16.50/Share QUOTES AS OF 04:00:00 PM ET 11/14/2022 Corsair Gaming, Inc. (NASDAQ:CRSR) ("Corsair"), a leading global provider and innovator of high-performance gear for gamers and content creators, announced today the pricing of its underwritten public offering of 4,545,455 shares of common stock at a public offering price of $16.50 per share, before underwriting discounts and commissions. All of the shares of common stock are being offered by Corsair. In addition, Corsair has granted the underwriters a 30-day option to purchase up to an additional 681,818 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Corsair, are expected to be $75.0 million, excluding any exercise of the underwriters' option to purchase additional shares. Corsair currently intends to use the net proceeds that it will receive from the offering for general corporate purposes. The offering is expected to close on or about November 17, 2022, subject to satisfaction of customary closing conditions. Goldman Sachs & Co. LLC is acting as sole book-running manager for the offering. Goldman isn't stupid. They don't do this types of thing if they don't think the market can absorb it. In this case we have a perennial dog, that sells consumer electronics, that has been in a downtrend for the last 12 months, currently ~30% above it's all time low, and they choose this week to break the news of a secondary. Goldy knows... This market is going up.
Home Depot>>> Beats on the top and bottom. Record quarter. $2.1B revenue increase yoy. Up $315 as I type. Sell the news and get back in later. But fear not... the whales will hold the DOW up today with Apple, CRM, UNH, and a few of the financials.
It sure is nice to post some market commentary without being stepped on with 20 YouTubes and 20 cut and pastes from Seeking Alpha. Sucks getting up this early though... but as soon as Stoney checks in... the thread gets so junked up no one reads it except me and a few others. You early birds always get the gold.
An hour later, as folks wake up... Take a look at tech. Up 1.19% now. 215K volume already on the Q's. It's gonna be a big day in tech. Joe and Xi saved the day. Ol' Xi had a big ol' smile on his face... they say he never smiles. That smile is gonna push the QQQ's above $290 today easy.
Charlie Munger talking to Becky, man he's a... starting to show his age. Kinda mumbling. He dropped a bleeped out expletive and Becky just cracked up on air. I don't care what you guys say... Joe, Becky, and Andrew, they're great in the morning. Andrew's sharp as a tack, Joe has a VZ attitude about the world in general, and Becky is smarter than both of them combined. (That's why she always gets the Warren Buffet interviews.)
WMT didn't really move on HD's report. Hmmmm. It usually stays within the straddle... which is about $8. I dunno about this time though. If it does drop, it might be a big drop. Like $125ish. I think they'll beat, it just depends what they say regarding guidance. That chart looks awful bearish.... Up it goes.