Hey Stoney... Jimbo must have his buds in HOOD bigtime. He just said this 70M share sale is no big deal because its not dilutive. The next time someone calls in on his show about a stock, and he warns them off because of a lock-up expiration.... I'm gonna Tweet him and say "Hey Cramer.... its no big deal. Those shares are non-dilutive." Wtf!
Why can't I get Confluent off my mind. IDEAS) 1> CFLT- $41.50 2> DKNG $49.00 3> GENI $16.55 4> PING is A GUMMY Ping Identity Holding Corp. (PING) NYSE - NYSE Delayed Price. Currency in USD 22.36+0.37 (+1.68%) At close: August 4 4:07PM EDT 25.70+3.34 (14.94%)<-------------------- Pre-Market:08:56AM EDT See if we get a pull in...... 5> EGHT $ 26.00 6> JNCE $ 5.20
Should we be worried about Ebay?. $3 off $70 and these other stks like PINS and ETSY looking poor.... lol--> DKNG it is! Spruce Point issues short report on Genius Sports, sees 60%-80% downside 09:15 GENI Spruce Point Capital Management issued a new short report on Genius Sports where it put a "Strong Sell" opinion on the shares with 60%-80% downside risk. "While the market's current view of Genius reflects the growth of the sports betting industry, in reality, our view is that Genius is just another intermediary that provides similar data to its competitors and will likely fail to capitalize on the wider industry growth," Spruce Point said in report posted on its website. "We believe Genius Sports, an overhyped revenue growth story assumed to benefit from the broader sports betting market, is facing competitive pressure and is unlikely to achieve its stated 25%+ growth targets," it added. Spruce Point believes Genius shares have downside to $3.25 - $6.50. Shares of Genius Sports are down 4c to $15.82 in premarket trading.
The market is unforgiving! That's one reason not to buy DKNG right in front of earnings. Leslie's raises FY21 adjusted EPS view 80c-85c from 75c-80c, consensus 77c 16:27 LESL Raises FY21 revenue view to $1.31B-$1.33B from $1.28B-$1.3B, consensus $1.3B. Down $1. Weber Grills..... Yea they get dirty.... but they work!
Deff mixed signals here. The market is trying to tell us that the re opening trade is back on... did someone say roaring Twenties!!! Lets Do It... But realities on the ground really don't match that view. Case in point we have a dear friend who is going through some serious medical issues she is scheduled to have adouble mastectomy in New Orleans and she was en rout driving there from KY when her operation was canceled due to Covid. Let that sink in. A million times over this virus effects us in so many ways.
Ping Identity Holding Corp. (PING) Opened at $26-- wait for $24.20 NYSE - Nasdaq Real Time Price. Currency in USD 24.73+2.37 (+10.60%) As of 10:03AM EDT.
Beam Global (BEEM)- Starting to like this Co assuming it was a SPAC... Bottom In? NasdaqGS - NasdaqGS Real Time Price. Currency in USD 29.06+0.74 (+2.61%) As of 10:04AM EDT.