Nice Call TED! AMC wraps 43M-share offering, raising $428M; stock rises 17%<---------------- AMC Entertainment (AMC+17.1%) says it's completed its 43M-share equity offering, raising $428M in additional capital.
Well, it depends if they can pass the cost of raw materials and transport on to the consumer going forward. It was a good report, but obviously there's something in there folks didn't like. It's at the bottom of a channel, I show the 200 sma at $40. It took out the 100 day today @ $43.75. Maybe wait a bit and see where the dust settles. It'll probably drop a little more. $41.75 might be a place to dip your toes in the water.
FARM- An opening play Farmer Bros. Co. $10.04 1.28(+14.61%)<------- 12:40 PM 05/13/21 Description Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, and creamers; spices; and other beverages comprising cappuccino, cocoa, granitas, and concentrated and ready-to-drink cold brew and iced coffee. It sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, China Mist, Boyds, Direct Trade, Project D.I.R.E.C.T., Fair Trade Certified, Public Domain, Rainforest Alliance Certified, Un Momento, Collaborative Coffee, Cain's, and McGarvey brands, as well as under various private labels. The company serves small independent restaurants, foodservice operators, restaurants, department and convenience store chains, hotels, casinos, healthcare facilities, gourmet coffee houses, grocery chains, and foodservice distributors. It distributes its products through direct-store-delivery network, and common carriers or third-party distributors, as well as Website. Farmer Bros. Co. has strategic partnership with High Brew Coffee. Farmer Bros. Co. was founded in 1912 and is headquartered in Northlake, Texas.
So far I'm hearing the consumer is paying up for all these increases. But it's getting to be a bit much. a trip to Home Depot or Lowes is really expansive now- 1 more week until the pool opens....
I'll give you one for the hedge fund boys. I really like it down here at $59. $BYD Boyd Gaming. They had an incredible report and it's down over 15%. Their properties are in all the right places. I can't believe it hasn't bounced yet.
EH hot damn Dude just bought it on CNBC<--------- YES!!! He Must Know somewthing!!! Not a stk you rush to buy - E hang. Nobody knows about this UAV / China play! Cathie Wood Just Bought More of This Chinese EV Stock This electric scooter specialist saw unit volumes jump 43% last year. Apr 21, 2021 at 11:30AM Cathie Wood's ARK Invest has rose to prominence thanks in part to being a longtime Tesla bull and EV advocate. Several of ARK's actively managedETFshave been investing in various EV stocks, and ARK Autonomous Technology & Robotics(NYSEMKT:ARKQ) just bought more of booming Chinese EV company Niu Technologies(NASDAQ:NIU).<----- ARK sends out a daily email notification disclosing its trades, which is a unique practice for funds since institutional investors typically prefer to keep that type of information close to the chest. The company's daily disclosures from Monday and Tuesday shows that ARK Autonomous Technology & Robotics scooped up an additional 90,964 shares of Niu so far this week. That was the first time in many weeks that the ETF bought more Niu stock. The purchases appear to be a minor reweighting than any major shift in portfolio strategy. As of Tuesday evening, the fund was holding just under 2 million Niu shares. Riding the e-scooter wave in China Primarily targeting the Chinese market, Niu develops a range of electric scooters that are ideal for urban micromobility. China has become the biggest EV market, including both passenger vehicles as well as scooters, thanks to a range of supportive government policies designed to promote EV adoption. Niu is capitalizing on the boom, posting strong growth in unit volumes as consumers snap up e-scooters. Revenue jumped 18% in 2020 to reach $374.6 million, and Niu is already profitable with $31.9 million in adjusted profits last year. Total volumes in the first quarter skyrocketed by 273% to reach nearly 150,000, driven by retail network expansion in China as well as increased marketing. Earlier this month, Niu introduced a handful of new models, including its first electric kick scooter that the company also hopes to sell in the U.S. and Europe. Niu expects total unit volumes to jump by another 50% to 83% in 2021 to reach a range of 900,000 to 1.1 million units. MAY 17 Earn in by May 16 <-------
ll give you one for the hedge fund boys. I really like it down here at $59. $BYD Boyd Gaming. They had an incredible report and it's down over 15%. Their properties are in all the right places. I can't believe it hasn't bounced yet. I like BYD. Used to own a good amount. Seems like many years go it was $33 so... $59 is pretty reasonable seen in that light. Boyd Gaming price target raised to $77 from $71 at Deutsche Bank 04/28 BYD Deutsche Bank analyst Carlo Santarelli raised the firm's price target on Boyd Gaming to $77 from $71 and keeps a Buy rating on the shares. It is not often a Street-high property EBITDAR forecast gets beaten by 20%, but that's what Boyd Gaming did last night, Santarelli tells investors in a research note.