--Paysafe to acquire SafetyPay for $441M in cash --Wheels Up initiated with a Buy at BTIG 06:28 UP BTIG analyst Marvin Fong initiated coverage of Wheels Up with a Buy rating and $13 price target. The analyst is positive on the company's membership model that is evolving into a "one-stop, multi-channel private aviation nexus" while unlocking industry supply and demand. Fong adds that private jets are utilizing only 3% of their capacity, and he believes that investors should not only benefit from Wheels Up's unique position in the industry, but also from its transition from an asset-heavy owned and operated to a more efficient, more predictable, and higher ROIC model. --Root price target lowered to $12 from $30 at JMP Securities 06:25 ROOT IS AN ABSOLUTE MESS! --JPMorgan's top casino picks are Caesars Entertainment, Boyd Gaming and Red Rocks<---- RRR! Ritchie Bros. sold $99M+ of equipment in its pipeline construction auction... Ritchie Bros. Auctioneers Incorporated (RBA) Ritchie Bros.(NYSE:RBA)sold$99M+ of pipeline construction equipment in its largest-ever single-owner auction, for Barrilleaux. In less than two days, the company sold 3.1K+ items from three Barrilleaux locations in New Mexico and Texas to online bidders from across the world. The company's next week live auction is is Houston from Aug.24-26. In last week, the company announced acquisition of Euro Auctions group for an enterprise value of ~$1.08B expanding footprint in EMEA region. RBA-$61.55<-------- This is very funny.. Scorpio Tankers announces purchase of call options by President Robert Bugbee 06:44 STNG Scorpio Tankers announced that the President of the company, Robert Bugbee, has purchased call options on an aggregate of 50,000 common shares of the company for total consideration of $230,000. The call option contracts have a strike price of $15.00 and an expiration of January 2023.
.... And the sleeper stock is.... The next leg up could be launched by the start of the NFL season next month with sports bettingnow legal in 32 states. Based on recent data checks, analysts forecast even greater interest in NFL sports betting than they modeled just a few month ago. That sets up well for one sleeper stock seen benefiting from the "massive adrenaline" shot that NFL football is set to provide to the sector. DKNG or ELYS!<---
Rush Interactive(NYSE:RSI)+25%, Elys Game Technology(NASDAQ:ELYS)+17%, Fanduel parent Flutter Entertainment(OTCPKDYPY)+11%, fuboTV(NYSE:FUBO)+10%. GAN- Might be a partner for Elys.. small Italian presence... Gan already bought CoolBet. Strategic Rationale Behind the CoolBet Acquisition GAN is a great miss-understood stk I own it. And at a higher price I'm sure.> I think $19-area GAN $15.70
Description Cricut, Inc. designs and markets a creativity platform that enables users to turn ideas into professional-looking handmade goods in the United States, Europe, and internationally. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company provides connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations under the Cricut brand. It offers Cricut Joy, a cutting and writing machine to personalize, organize, and customize kitchen, office, school, celebration, and idea projects; Cricut Maker, a cutting machine that handles fabrics, leather, paper, and balsa wood; Cricut Explore, a cutting machine for DIY projects; Cricut EasyPress 2, a machine that delivers heat transfers on baby bodysuits, big-time jerseys, and banners; Cricut EasyPress Mini, a heat transfer machine for curved surfaces, as well as hard-to-reach spots between seams and buttons. The company also provides Infusible Ink, a heat transfer system that permanently infused into base material, as well as accessories and materials, such as knifes, blade changing systems, cutting rulers and self-healing mats, hand tools, crafting materials, and cases. It serves customers through its online store. Cricut, Inc. was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah. In the latest of a number of purchases stretching back to late May, a Cricut Inc(NASDAQ:CRCT) 10% owner picked up over 1.70 million more shares at prices ranging from $25.00 to $34.60 apiece. These latest purchases added up to over $48.06 million. Note that the stock was trading at less than $28 when that owner began buying the shares, and it has been as high as $47.36 since its initial public offering. Cricut was the biggest loser plummeting more than 21% for the week. It plunged 18% on Friday after posting disappointing guidance in its latest quarterly report. CRCT... Did that insider buy BEFORE the big earnings miss.. Unusual yet might tell us something... WATCH THIS STK -!
Stoney!!! Quit blogging for that stupid football team! The weekend is not the same without your insightful commentary on life events. IE, how's the bear? Did you watch Mecum? I wonder what the Jeep sold for. I bet there was no reserve. Did you notice Steph was a guest host this AM on CNBC? Joe and Andrew were out. Joe is entertaining, but Steph is informative. Big difference. I hope they don't bring in one of their other yoyo's, let her host all week. It's refreshing to have a seasoned stock player in there that knows wtf is going on. Re ELYS....ELYS is on the world stage now, would you forget about Italy already!
How would you like 6% on 19 million! With the confidence that your investment is at a low.. You go Kelcy! Wow- The Energy Transfer LP(NYSE:ET) chief executive, Kelcy Warren, purchased about 3 million shares, and the chief financial officer also picked up 5,000 shares last week. At $9.04 to $9.49 apiece, the cost for those shares totaled around $19.08 million. Note that the stock closed the week trading at $9.51 per share.
I know I know I am overwhelmed now with work. I even missed the last episode of White Lotus. I did not see the Meechum auction but I like this Ritchie Bros idea. Ritchie Bros. Auctioneers Incorporated (RBA) NYSE - Nasdaq Real Time Price. Currency in USD $61.36-0.18 (-0.29%) As of 10:06AM EDT. No Bear! I've been looking believe you me...
RBA Chart Events Bullish pattern detected Momentum They did recently miss earn-- Ritchie Bros. reports Q2 EPS 55c, consensus 61c 08/05 RBA Reports Q2 revenue $396.4M, consensus $416.78M. But the stk action was actually very constructive it puked immediately to $55.70 where my Behavioral Value Fund In My Mind scooped it. "Scoop After The Puke" (tm) -- Then Bounce->$58 -- $56 -- $61-- $59-- $61