You two have saved the GBA readers from ugly losses by promoting Value. Somebody gets It! Natural gas price surge looks here to stay in increasingly bullish backdrop U.S. natural gas futures just notched their fifth weekly gain in a row, up 96% YTD and reaching their highest since October 2008, and investors are betting the surge will last for months, perhaps years. The front-month May contract (NG1:COM) jumped 16% for the week to settle at $7.30/MMBtu, with every futures contract from now through February 2023 trading above $7 on Thursday, and even the January 2024 contract was above $5, according to Barron's. Gas-focused stocks sporting strong YTD gains include (EQT)+94%, (TELL)+83%, (CTRA)+50%, (CHK)+41%, (LNG)+36%.
My last video contribution. very rare- This is one of the greatest sequences in sports history. A hero of mine Reggie Jackson gets knocked down by a pitch, hits a HR and attacks the pitcher after he has rounded the bases and touched them all--that's Class!
You better get some CMG. I have a feeling they're gonna split that stock.... could be wrong though. Just get 10 shares Stoney. $16K Turn on Bloomberg at 11AM est too btw. Watch that 30 minute bit on CMG. Whether you buy the stock or not, you'll like it. These guys... they ipo'd in Oct and they've went from $25 to $12. Have all the insiders gotten out yet? Is $12 a bottom? What's their forecast revenue growth? They're a stand-alone store from what I've seen so I doubt they'll be selling any franchises anytime soon, expensive builds, at least $1.5MM from the looks of them. And that number is probably up at least 35% now in the last 12 months. Then there's the cost of financing. The ones I've seen are empty. Tbh, I don't see any catalyst for a bounce. No free cash flow that I can see. What's your thesis here Stoney? First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in 28 states in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is headquartered in Bradenton, Florida.
Well Stoney, it looks like you spoke too soon brother; I was pulling for ya too, but once again it looks like it's probably better to leave the overall direction calls to moi. That department requires insights into the herd mentality looking forward, before the herd even figures it out. That requires graduate level intuition. But if it makes you feel any better... I have no clue how the NFL draft works. Did you watch the Bloomberg segment on CMG today like I asked? You never answered me about your thesis on why you think PLAY should go up, aside from one analyst and the insider buys we flagged. Wasn't he the same analyst that put a $200 pricetag on RBLX? I could be mistaken on that one though. . Anyway, I did some DD on the entire restaurant sector today, just for you. (you're welcome) Looked at a bunch of stocks. PLAY is decent, it could be worse that's for sure. CEO is an accountant with extensive experience in the WS game. That would be a plus for this thing, you know what I always say, bet on the jockey and not the horse. This guy knows how to move a stock, that's for sure. Impressive resume.* *(These are the kind of things, and probably why we have 22K views, that I point out for newbies that read our thread... little tips on how to truly evaluate a company. The CEO's resume is one of the biggies) This guy gets a thumbs up. Albeit he looks a tad geeky and he is an accountant. I personally prefer the Elon type, or Sir Richard... but on a boring restaurant stock, this cat certainly gets a pass. I remain neutral on the stock though. If it somehow gets north of $53, take the money all things being equal. QSR remains glued to $60. They need to break that one up. Somehow. Horton's is a huge drain, Popeyes is a cash cow, Burger King will be fine. But Tim's.... even though it is the original root of QSR... it's like one of those anti-matter black hole things. At least in the U.S. Canada loves em. But who cares. Show me the money. I have a few obscure picks I'll throw out this week that I liked. CMG of course remains at the top of the valuation pyramid, but for good reason. Quality stocks are like quality land... ya gotta pay up if you want to own the best. >>>CMG is a strong VZ buy on any and all pullbacks!!!! And when (if?) they announce that split.... watch out above. ~vz