GBA's "2021 Stock Phantasma"

Discussion in 'Stocks' started by stonedinvestor, Jan 1, 2021.

  1. Corsair Gaming and unit Elgato launch Facecam, 'professional-grade webcam' 07/15 CRSR Hardware and software provider for streamers and content creators, Elgato, along with parent company Corsair Gaming, CRSR, announced the launch of Facecam, "a cutting-edge entry into the world of professional-grade webcams. Facecam captures video in true Full HD 1080p60 through an all-glass studio-quality Elgato Prime lens. Equipped with a Sony Starvis image sensor that excels in indoor lighting conditions, and an optimized fixed focus, Facecam keeps you looking sharp in live streams, conference calls, online classes, or anywhere demanding high-quality HD video capture. The result is a webcam tailor-made for creating today's most professional content. Alongside Facecam, today Elgato also launches a host of new gear to upgrade your production setup: Wave XLR, an XLR to USB Type-C microphone interface and digital audio mixer; Stream Deck, now with interchangeable faceplates, a detachable USB Type-C cable, and a beautiful new stand; and Wave Mic Arm plus Wave Mic Arm LP, two fully adjustable boom arms for optimal desktop microphone positioning," said the company, in a statement.



    who owns Elgato? / CORSAIR! Duh.

    Is Elgato owned by Corsair?
    Synonymous with quality and performance, Elgato products are either state-of-the-art inventions in their own right, or reimagined technologies designed to revolutionize creative workflows. ... Elgato was founded in 1999. In2018, Corsair Gaming, Inc., acquired the brand and its employees.
     
    #7311     Aug 2, 2021
    vanzandt likes this.
  2. Van Virtual Bus Tour! So easy to get laid.

    Second Quarter 2021 Earnings

    Corsair will release second quarter 2021 earnings before the market opens on August 3, 2021. A conference call to discuss its results will follow at 5:30 a.m. Pacific Time that same day.

    Those wishing to participate via the webcast should access the call through Corsair’s Investor Relations website athttps://ir.corsair.com. Those wishing to participate via telephone may dial in at 1-855-327-6838 (USA) or 1-604-235-2082 (International). The conference call replay will be available via webcast through Corsair's Investor Relations website. The telephone replay will be available from 8:30 a.m. Pacific Time on August 3, 2021, through August 10, 2021, by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (International). The replay passcode will be 10015620.

    Upcoming Investor Conference

    Andy Paul, Corsair’s chief executive officer, and Michael G. Potter, Corsair’s chief financial officer, will present at the Cowen Internet & Media Virtual Bus Tour on August 12, 2021.

    Oh Van why you do this to me...!!!!!
     
    #7312     Aug 2, 2021
  3. Somewhere on this bus is a Cowen analyst!
     
    #7313     Aug 2, 2021
    vanzandt likes this.
  4. June 14-

    Corsair Gaming stock becomes latest meme popper, up 14%
    Jun. 14, 2021 8:05 AM ETCorsair Gaming, Inc. (CRSR)Corsair Gaming, Inc. (CRSR)
    • Gaming equipment company Corsair Gaming(NASDAQ:CRSR)is becoming a social media favorite due to its high short interest, sending shares over14% higher in pre-market trading.
    • Corsair has earned mention on Reddit's WallStreetBets forum and Stocktwits.
     
    #7314     Aug 2, 2021
  5. Damn you Van.... Today was so innocent...

    [​IMG]
    Every kid wants this set up. And they don't know about Star Trek!
     
    #7315     Aug 2, 2021
  6. vanzandt

    vanzandt

    That hippi bus reminds me lol, CGC reports Friday before the bell.
    I think $19 is a safe level. That's close to where we put it in the G4G portfolio.
    Tilray had a great report last week.
    Lets not forget, Canopy has some deep pockets behind it. I assume Constellation Brands still owns like 36%.

    ============================


    Canopy Growth (CGC) to Report in Q1 Earnings: What's in Store?
    Aug 2, 2021 8:10AM EDT


    Canopy Growth Corporation CGC is scheduled to report first-quarter fiscal 2022 results on Aug 6, before the opening bell.

    In the fourth quarter of fiscal 2021, the company reported a loss of 66 cents. The Zacks Consensus Estimate was pegged at a loss of 18 cents.

    The company missed estimates in two of the trailing four quarters and surpassed the same in the other two, the average negative surprise being 108.8%.

    Let's take a look at how things are shaping up prior to this announcement.

    Factors at Play
    Canopy Growth, which is well positioned in the growing Canadian recreational cannabis market, has lately been witnessing strength in its business channels amid the post-pandemic recovery. During the fourth-quarter earnings call, the company noted that despite a challenging industry backdrop, Canada’s recreational business outperformed many of the country’s LPs. This trend is likely to have continued during the first-quarter fiscal 2022 as well, considering the improved market scenario.

    The company’s U.S. cannabidiol (CBD) business is gaining momentum over the past few months on the back of its highly-successful Martha Stewart CBD product launches. In April 2021, Canopy Growth launched Quatreau CBD beverages in the United States and became the first U.S. CBD beverage brand to sign with a major beverage distributor, Southern Glazer’s Wine & Spirit. During the June 2021 update, the company noted that its February-launched Canopy's first gummy in Canada — Twd. Strawberry — has been witnessing strong demand. On continued strong rollout and developments, this trend has likely continued through the fiscal first quarter, adding to its top line.


    Canopy Growth Corporation Price and EPS Surprise
    [​IMG]
    Canopy Growth Corporation price-eps-surprise
    | Canopy Growth Corporation Quote

    Over the past few months, BioSteel Sports Nutrition Inc., Canopy Growth’s acquired business, has been witnessing continued momentum driven by Amazon U.K. and U.S. expansion. Further, BioSteel has unveiled a long-term brand ambassador partnership with All-Star basketball player, Luka Doncic of the Dallas Maverick and has secured multi-year partnership with the U.S. Soccer Federation. These developments are likely to have considerably driven fiscal first-quarter revenues.

    During the fourth-quarter earnings call, the company confirmed that its acquired business Storz & Bickel vaporizer continues to grow on expanded distribution in the United States, broader product portfolio and increased consumer pool. This trend is likely to have continued in the first quarter as well, adding to the top line.

    The company’s This Works brand of products is expected to have registered solid U.S. retail growth in the fiscal first quarter on the back of strength in sales of Amazon, thisworks.com, ULTA, and Nordstrom.

    The company’s share in the ready-to-drink category in Ontario has also been robust over the past few months. In June 2021, the company acquired Supreme Cannabis — one of the top 10 licensed producers in Canada with a leading premium brand portfolio. The acquisition adds a low-cost, scalable cultivation facility at Kincardine, Ontario. In April, the company launched Vert — the company’s first Quebec-exclusive brand. With the launch, it brings a new offering of local cannabis flower to SQDC shelves. These developments are expected to have contributed significantly during the fiscal first quarter, adding to the top line.

    The Estimate Picture
    The Zacks Consensus Estimate for total fiscal first-quarter revenues of $127.8 million suggests growth of 48.7% from the prior-year quarter’s reported figure.

    The consensus mark for loss stands at 19 cents per share for the fiscal first quarter. It had reported loss of 20 cents per share in the year-ago quarter.

    What Our Model Suggests
    Our proven model does not conclusively predict an earnings beat for Canopy Growth this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here as you can see:

    Earnings ESP: Canopy Growth has an Earnings ESP of +30.85%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

    Zacks Rank: The company currently carries a Zacks Rank #4 (Sell).
     
    Last edited: Aug 2, 2021
    #7316     Aug 2, 2021
  7. Van I'm going to go play basketball this co makes their own stuff (modules) and they can be effected by parts shortage that's my only real fear here at earnings-

    Revenue and profit can be affected by the price of DRAM integrated circuits.<--
    are those up or down??


    DRAM integrated circuits, or ICs, account for most of the cost of producing our DRAM modules. The market for these ICs is highly competitive and cyclical. Prices of DRAM ICs have historically been subject to volatility over relatively short periods...We expect these fluctuations will recur in the future, which could seriously harm our business.

    For example, changes in the selling prices of our DRAM modules can have a substantial impact on our net revenue as our performance memory products represents a significant portion of our overall net revenue. In addition, declines in the market price of ICs enable our competitors to lower prices and we will likely be forced to lower our product prices in order to compete effectively which could have an adverse effect on our net revenue. Further, because we carry inventory of DRAM ICs and DRAM modules at our facility in Taiwan, fluctuations in the market price of these ICs can have an effect on our gross margin.////

    OTHERWISE THIS STOCK IS A GO/ HEAVILY SHORTED... AND WITH THE REDDIT CROWD PRIMED TO LIKE....

    LOOK FOR INSIDER MOVES BY FOUNDER...
    BACK IN AN HOUR.
     
    #7317     Aug 2, 2021
  8. Acreage Holdings rebrands Connecticut dispensaries to The Botanist 07:23 ACRHF//
    M&A Opportunity
    Mar. 12, 2021 7:32 PM ETAcreage Holdings, Inc. (ACRHF)CGCACRGFACRDF31 Comments13 Li


    Summary
    • Canopy Growth Corporation originally announced plans to acquire Acreage Holdings in April 2019.
    • Current upside on the deal is a premium of nearly 60%.
    • Final contingency of the deal hinges on developments in US Federal regulation around cannabis, the prospects of which have dramatically improved following Biden's election and the Georgia Senate Runoff Elections.
    • Canopy is best positioned in their industry for further strategic acquisitions and leading the way into largely untapped markets like Europe.
    acrhf
     
    #7318     Aug 2, 2021
  9. Hey Van Does this could have anything to do with Eagletree exit strategy
     
    #7319     Aug 2, 2021
  10. Ted Lasso is ruining my marriage. Huge fight the other night knock out drawn out fight wife wants to get Apple TV station for Ted Lasso and I say No! They are being lazy they have no other show they have 90 Day fiance thanks! that's free. they have Beverly Hills real estate show that's free... Wife says I'm cheap it's only $4.95 One time charge. NO! I scream it's not a one time charge and it isn't. Subject came up again last night turned a good meal bad. Apple is drainINg Us dry! STAND UP FOR YOURSELF WOMEN!!!

    It's not worth it.
     
    #7320     Aug 2, 2021