A- Companies should not be allowed to dabble in Bitcoin Or they should have a 2% of assets limit. B-Take away Bitcoin profits and TESLA lost money. C- Some fancy pants Quants at GS have put together an index of companies that use bitcoin as an added earnings thrust and of course it is outperforming. D- This will tempt more companies to do the same.
A- CNBC's morning show is terrible. B- Cramer is a loser C- David Faber is washed up and living somewhere near me in Ct. D- I still like Becky
A- Waren Buffett said Robin Hood is filled with speculators. B-He is entirely correct. C- Cramer is so annoying... trying to pick up votes by defending people spending their stimulus checks on Call options. D- Cramer is insignificant he's lost it... Wishes he had bought bitcoin when he was kid....
Instead all he has are those old stained copies of Playgirl. <-- made into NFT's they could be worth a bundle! Hang in there Jimbo!
By the way I have done some digging and the UFO report that is coming out we actually owe a debt of gratitude to... Rick Rubio<----- How Bout That. He's the one that got the language into the spending bill....
FB UP Clorox DOWN Switch shares up on acquiring Data Foundry for $420M and preliminary Q1 results Switch(NYSE:SWCH) +2.05% premarket, has launched its Fifth Prime location in Texas with the acquisition of Data Foundry, Inc., a carrier-neutral colocation provider for$420M in an all cash transaction. The acquisition is expected to close by mid-2021. The acquisition of Data Foundry expands the Switch portfolio to 16 operational data centers across six locations and will anchor the company's Fifth Prime data center campus. The transaction is expected to be accretive to AFFO per share within its first full calendar year after closing. The transaction will be funded through a combination of cash on hand, borrowings under Switch's fully undrawn $500M revolving credit facility, or new debt securities. The company is providing Q1 preliminary results: Revenue in the range of $129.5M to $131.5M vs. consensus of $129.92M. Adjusted EBITDA in the range of $72.5M to $73.5M. Recurring revenue backlog of over $56M as of March 31, 2021
Box Inc. gains as activist Starboard says it will nominate directors for board Box Inc.(NYSE:BOX)rose 1.6% in premarket trading after activist Starboard Value said it plans to nominate directors for the board after disappointments with the company's performance and recent decisions. "While we appreciate the dialogue we have had with Box's management team and Board of Directors (the "Board") over the past two years, we have grown increasingly frustrated with continued poor results, questionable capital allocation decisions, and subpar shareholder returns," Starboard's Peter Feld said in aletter to shareholders. Starboard Value, which has a 7.7% stake in Box, reached a settlement last year with the board that led to the appointment of two independent directors that we recommended and the formation of an Operating Committee of the Board. Starboard said that recently BOX executed two financing transactions within four months that "neither of which were necessary." Recall, KKR funds are leading a$500M investment in Box in the form of convertible preferred stock at a conversion price of $27 per share. "Despite our frustration and concern regarding the Company's poor results and the most recent financing transaction, we have continued to engage with the Board constructively and in good faith, in hopes of reaching an acceptable outcome so that we can work together to represent the best interests of all stockholders," Feld said in the letter. "However, to date, the Board has refused our attempts to work together, and we appear to be at an impasse." In late March, Box gained on Reuters report it's exploring sale after pressure from Starboard.
Tanzanian Gold introduces new discovery, Buckreef West gold zone near surface 08:55 TRX I invested in this company & I think they went bankrupt this was ages ago- In 2005 it went from $2 -->$7// Feb) Tanzanian Gold initiated with a Buy at Alliance Global Partners 02/16 TRX Alliance Global Partners analyst Jake Sekelsky initiated coverage of Tanzanian Gold with a Buy rating and $1.50 price target. He views the company as an "undervalued emerging gold producer" and sees the potential for its shares to re-rate over the 18 months as the company transitions to a producer from its current development stage, Sekelsky tells investors in a research note.
Figure 1: Map with Recent Results from the Buckreef West Drilling Campaign Figure 1: Map with Recent Results from the Buckreef West Drilling Campaign Figure 1: Map with Recent Results from the Buckreef West Drilling Campaign Table 1: Summary Table of Buckreef West Assay Results Table 1: Summary Table of Buckreef West Assay Results Table 1: Summary Table of Buckreef West Assay Results Figure 2: Aerial Composite with Select Intercepts - Highlighting the Position of Buckreef West vs. the Buckreef Main Zone Figure 2: Aerial Composite with Select Intercepts - Highlighting the Position of Buckreef West vs. the Buckreef Main Zone Figure 2: Aerial Composite with Select Intercepts - Highlighting the Position of Buckreef West vs. the Buckreef Main Zone TORONTO, May 03, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) operating through its wholly owned subsidiary in Tanzania (Tanzam2000), and its joint venture partner, The State Mining Company (STAMICO), is pleased to expand on TanGold’s recent MD&A filings and formally announce detailed results from its exploration program targeting the newly delineated Buckreef West Shear Zone (Buckreef West) - a splay off the well mineralized Buckreef Main Zone. The results summarized from Buckreef West, which lies in close proximity to the Buckreef Main Zone, define a near vertical shear zone, over a strike length of 400 meters (m), with interpreted gold mineralization shallowly plunging to the northeast. The mineralized zone remains open to the south and at depth. Highlights Include: Shallow Depth:All reported intercepts are at shallow depth on a well-defined structure which is interpreted as a splay off the Buckreef Main Zone. Open at Depth and Along Strike:Over 400m of strike length has been drilled to date and the deposit remains open at depth and along strike in both directions. Select Intercepts: Hole BWDD017 intersected4.57m @ 6.4 g/t Aufrom 44.9m; Hole BWDD015, on the same line as Hole BWDD017, had two intersections: (i)2.18m @ 1.24 g/t Aufrom 86.9m and (ii)2.49m @1.3 g/t Aufrom 105.1m; Hole BWDD012 intersected5.57m @ 4.95 g/t Aufrom 98.4m and4.0m @ 2.19 g/t Aufrom 92.0m; Hole BWDD013, on the same line as Hole BWDD012 intersected1.5m @ 2.2 g/t Aufrom 59.5m; BWDD0018 intersected7.0m @ 2.03 g/t Aufrom 44.0m and3.85m @ 2.86 g/tfrom 56.0m; and BWDD0031 intersected2.5m @ 7.29 g/t Aufrom 46.1m. Mr. Stephen M. Mullowney, CEO (TanGold) commented, “Wow, we are ecstatic with these near surface exploration results as they have confirmed a new discovery at Buckreef! We will continue with exploration and seek expansion of both the oxide and sulphide potential down-dip and along strike at Buckreef West. On the exploration front, the Company continues to evaluate the widespread gold potential across the entire Buckreef property and is currently evaluating multiple additional targets while developing an exploration triangle for the property.” ??? I have no idea but I love a CEO that starts off with Wow!>>>>
Van-- The Coupang business model Before we dive into Coupang's potential expansion, it's important to understand why it isn't just a traditional e-commerce company. Similar to other marketplaces, Coupang offers an endless selection of toys, electronics, apparel, and even fresh groceries. But the platform's big differentiator is in its delivery. Unlike other e-commerce companies, Coupang employs more than 15,000 full-time drivers, who work around the clock to deliver packages. So customers who make purchases prior to midnight can receive their packages before 7 a.m. the next morning. According to Coupang's S-1, nearly all orders made on the company's marketplace are delivered with next-day shipping or faster. It has even gone above and beyond and made returns as simple as can be. Customers who want to return an item simply tap a button on their phone, leave the item outside their door for pickup, and are instantly reimbursed. This customer-centric approach has led tomassive adoptionof Coupang's model in South Korea. Last year alone, Coupang generated roughly $12 billion in total revenue -- 91% more than the prior year. Though this was partly driven by 3 million new active customers, existing customers increased their spending by 59% as well. Between new customers coming aboard and previous customers spending more on the platform, the emphasis on logistics appears to be paying off. Why South Korea? One reason Coupang is able to add so much convenience for its customers is the company's operating environment. South Korea's population density makes the nation optimal for e-commerce companies since drivers spend more time delivering and less time going to and from place to place. Despite South Korea being just 1% of the geographic size of the United States, its population equals roughly 16% of U.S. population. In fact, Coupang says that 70% of South Korea's population lives within seven miles of one of its distribution centers. And South Korea's population also appears to be quite tech-savvy. According to Coupang, 96% of the population has a smartphone, versus 85% in the United States. Would this model work elsewhere? Given the structural benefits of operating in South Korea, investors should be asking themselves if this model could be profitable in other places. If drivers have to spend too much time going from place to place and are fulfilling fewer deliveries per hour, the economics of the business won't be nearly as strong. Therefore, Coupang has to be very methodical about where it chooses to expand -- and it has been. It recently announced, albeit quietly, that it's expanding its marketplace offerings into Singapore, which has one of the densest populations of any country in the world, with more than 5 million people packed into less than 300 square miles. But population density alone doesn't mean the model will be successful. Coupang still has to build out the truck fleet and distribution centers needed to process orders and fulfill deliveries. Though this would be a tough task for a smaller company, this shouldn't be much of a problem for Coupang, which had almost $500 million in capital expenditures in 2020. Now, having raised $4.6 billion from its public offering, Coupang has the necessary capital to continue its expansion into other territories. With its convenient, customer-centric approach, there's no reason to think Coupang's e-commerce model can't work in several other cities around the world. >>>>> $1 off it's low..... What do you think Van???? I'm inclined to say YES.>>>>>>>