Remember when oil went negative? Now Gamstop is $300. Somewhere between those two is a clue. Are we in a correction? Or at a top? I think a top which is different. Companies were pretty much destroying earnings but not being rewarded that's a classic sign of a top. We could churn here for a while before really turning lower.
Yup, NOK went up 50% within 64 seconds of me owning it, and then it has trickled down ever since. i read about it once i owned it and i felt better about playing it because it wasn't that bad of a stock, and then hours later i realized that was the problem with it. it wasn't a dumpster fire. not enough bets against it. it's frustrating because i spent a few hours reading wsb this weekend. you could tell there was momentum and a real hustle there if you could think it out. but i couldn't work it out in my mind. i went in twice on GME early on and buckled before the price rose. too risky. Van's VIX is rising. maybe the answer is to buy a lot of smuckers.
Ya know, I was right about Smuckers. It almost hit $132 today. While the market bled... all ruby red. And you can bet this stock has never been mentioned once on WSB. That's a sign. Value. This stock didn't explode up for the same reasons all this other crap has. Someone read my post. Someone with money and brains. I wrote this on Saturday the 16th. Monday was MLK day; the market was closed. Look at the chart and see what happened. Like I said, this stock is about as far from a Robinhood play as one can get. Whoever you are... (managing your billions).... you're welcome. You owe me one. -vz .
$SJM.... lol... Think these guys own any floor space in WMT, TGT, or KR? AMZN? This is about 1/10th of their brands: Two paws up. I mean if $SJM can't command a multiple equal to P&G... fire the CEO. Family or not. This stock is gold. It just needs a new CEO.
BFT- Foley Trasimene Acquisition And Paysafe: The Combination Dec. 28, 2020 9:11 AM ETFoley Trasimene Acquisition Corp. II (BFT)77 Comments49 Likes Summary Foley Trasimene Acquisition, a SPAC, has merged with Paysafe, an online payments enabler. The merged entity will trade as PSFE on the NYSE. Bill Foley of Foley Trasimene Acquisition, being a highly successful businessman specializing in financial services, is expected to take PSFE to great heights. Estimates suggest Paysafe will report $103 billion in transactions in 2021. It expects to report $1.5 billion in revenues and a gross profit of $963 million in 2021. Foley Trasimene Acquisition Corp. II (BFT) is a SPAC styled as amerger and acquisition companyformed to scout around for companies with hidden potential or companies having strong market positions in the financial technology or business process outsourcing space. BFT had no operations until September 30, 2020. In December 2020, a merger was achieved with Paysafe, a global online payments company. The implied enterprise value of Paysafe was estimated at $9 billion as of the date of the merger. The transaction is estimated to close by the first half of 2021. The entity will list on the NYSE and trade under the ticker PSFE. Image Source:BFT's SEC Filing As of September 30, 2020, almost all of BFT's assets worth $1.47 billion were parked inmarketable securitieson which it earned an interest income of $126,374 for the period July 15, 2020, to September 30, 2020. The assets were balanced by $1.47 billion worth of stockholders' equity. As BFT's future is directly connected to the forthcoming PSFE, it makes more sense to analyze the PSFE-BFT combine's growth prospects - but before that, a word about Bill Foley, BFT's founder. Bill Foley Bill Foley, even at 75, is a relentless - and successful - dealmaker. He has made his greenbacks by buying,splitting up, and hawking public companies. Since 1984, Foley has been involved in more than 100 acquisitions and many spinoffs. His business secret is simple - he and his team of six managers are experienced financial wizards and every company that gets associated with Foley gets access to a team of highly experienced people with a successful track record. His success stories include Fidelity & Guaranty Life, which he took over in 1984 and made it a Fortune 500 company, Black Knight, Dun & Bradstreet, andFoley Family Wines(created out of vineyard acquisitions). Image Source:Paysafe's Presentation Paysafe's Post-Merger Prospects Paysafe owns and operates B2B and B2C online payment networks, which offer eCash, digital wallets, POS, and eCommerce processing solutions to clients. The company has established itself in iGaming payments and is hungry for growth. Its digital wallets Skrill and Neteller are present in more than 120 markets, its iGaming eCash network is used in more than 50 markets, and its POS and eCommerce payments solutions are present in the U.S., Canada, and Europe. Paysafe estimates that its partnership with BFT will help it accelerate organic revenue growth, expand its iGaming presence, enhance platform integration business, and boost its merger and acquisition strategies. In particular, Paysafe estimates its U.S. iGaming business to grow at a phenomenal CAGR of 52% until 2025. Image Source: Paysafe's Presentation Paysafe estimates that it will clock $103 billion in transactions in 2021. Its overall take rate is 1.5%, and therefore it is likely to report $1.5 billion in organic revenues and a gross profit of $963 million in 2021, implying a healthy gross profit margin of 63%. It believes that it will report an EBITDA margin of between 30% and 35%. The company also projects that its organic revenues will grow at a CAGR of 11% between 2020 and 2025. Another thing -BFT's quoting at $15.23as of December 24, 2020. Its market capitalization is $2.79 billion and PSFE's enterprise value is pegged at $9 billion. After the merger, Paysafe will gain $150 million in cashand receive $2 billion in funding from private investors.
Stoney! Are you a boiler-room? This is all your fault. You were WSB before there was a WSB. You even got me to buy that dog GWPH a few years back. Which is back up to $150 btw. This whole GME thing. .... Comical. Like those hedge funds weren't taking GME long yesterday lol. Gimmeee a break. I saw a ticker roll by earlier. Naked Brands or something. NAKD or something lol. It was up like a $1.20 at $2.17 or something. My god... this stuff is too funny lol. LETS PUMP NAKED BRANDS STONEY!!!!!! Buy buy buy!!!!!!!!! Stick it to the man. Right.
In the figure below, you'll see that Corsair seems to dominate the following segments: Memory, Cases, Power Supply Units, and Cooling Solutions. And in Keyboards, Streaming Peripherals, and Performance Controllers, Corsair still has a respectable competitive position. Moreover, I wouldn't discount the possibility of CRSR upping their game on Mice and Headsets as well! Thus, overall, I'd argue the company's product portfolio is highly competitive and offers excellent quality, which is why it can charge a premium price.
You know I read with some interest how these guys oporate and I thought the same thing. Geeze me and Van with the gummys we are not that far off. (shame on us!) It's just we do deep dive research and everyone else is just following trends. Naked had news today I'll find it.