BFD..... Big Fed Debate-? Yea I agree. On everything: going in my IRA - no way. Don't forget I haven't even been able to put this in my large account because I would have to talk to the person who oversees the IRA and personal... ETrade is there for something I guess... Getting some mixed reviews on the Fed yesterday. At first glance I didn't think he did poorly but the reviews are leaning towards this being his first poor performance. The timing could not be worse. Van how much snow do you have? I am really trapped we have a foot and it's still coming... Berry Global Group prices $750M first lien debt offering- This could be good, No? Seems like a low % rate... Dec. 17, 2020 5:24 AM ETBerry Global Group, Inc. (BERY) Berry Global, a wholly owned subsidiary of Berry Global Group(NYSE:BERY)haspricedthe private placement of $750M of first priority 1.57% senior secured notes due January 15, 2026. Offering is expected to close on December 22. Interest will be payable semiannually, in cash in arrears, on January 15 and July 15 of each year, commencing on July 15, 2021. Proceeds will be used to prepay a portion of certain existing term loans of the Issuer and to pay certain fees and expenses related to the offering. Could this clean up the balance sheet... that debt from that purchase....
I'm sure a lot of folks here are unawares of the massive Russian hack but it's really really bad. This is worse than any spy scandal when thy hung people in the old days. Trump has led us into complete subversion to Russia. I'm not saying he turned a blind eye purposely or gave this info away freely but he's just such a mess and he fired the head of the Cyber security team so any responses were delayed and missed. In the end Trump has hurt this country worse than any spy. Now the way this heist worked is absurdly simple and has been used before but you Trojan Horse it you come in embedded in an update from a known and trusted vendor. It is the software vendor that is incredibly lax with security. SWI Solar Winds @ $18 is a short. And Some people need to go to jail... SolarWinds investors sold $280M in stock days before hack disclosed, WaPo says 06:26 SWI In the days before SolarWinds' massive breach was publicly disclosed, Silver Lake and other investors sold around $280M in stock before the price plummeted, The Washington Post reports. The timing of the trades raises questions about whether majority shareholders used inside information to avoid steep losses after the attack, according to the report. How Did Silver Lake know? How much damage was done in the time it took Silver Lake to break down their info and move on it. How many days did SolarWinds stall... and by doing so allow the other agencies that became infected to have more info taken.. Names, birthdays, SS numbers , Voting info!!!! and energy secretes stuff about the virus and the vaccine and cold storage they stole everything along with a ton of secretes...
Olin is a buy-- 2nd time it has surfaced for me... Type of industrial stk we need to turn to now--Coatings kids, coatings... Olin upgraded to Overweight on epoxy strength at KeyBanc 06:17 OLN KeyBanc analyst Aleksey Yefremov last night upgraded Olin to Overweight from Sector Weight with a $31 price target. Recent epoxy and extreme decorative concrete strength is significant enough to more than offset the challenging caustic soda outlook, Yefremov tells investors in a research note. Further, the caustic soda market is likely to rebalance, likely in 2022, providing a "new catalyst," says the analyst. Yefremov believes the market hasn't fully priced in the "recent sharp inflection" in epoxy and EDC prices. 1--> OLN @ $24.
Noooooooooooo! Ayyyyyyyyyy I sold yesterday! Domo upgraded to Overweight from Equal Weight at Morgan Stanley 05:24 DOMO Morgan Stanley analyst Sanjit Singh upgraded Domo to Overweight from Equal Weight with a $70 price target.
Let's Vape-- Vapotherm initiated with an Overweight at Piper Sandler 04:52 VAPO Piper Sandler analyst Jason Bednar initiated coverage of Vapotherm with an Overweight rating and $36 price target. The analyst believes the company can grow revenue 15%-plus sustainably beyond 2021 and expand gross margin by 10-15 points over the next five years. Bednar calls Vapotherm his top small-cap idea and encourages investors to build or add to positions "in this under owned name." The profile on the company's Hi-VNI technology has been raised during COVID and this shift will be lasting, Bednar tells investors in a research note. He believes Hi-VNI will further disrupt the "large and growing" respiratory care market. VAPO @$27.50
Roth Capital initiates coverage of Hennessy Cap Acquisition with buy rating, announces price target of $30.
2 Specs-- --CohBar initiated with a Buy at Chardan 04:53 CWBR -- UEPS-- African payment firm. Net1 UEPS I know from many years ago when they had the South African contract. The stock did very well and then crashed I did get out so I don't have hard feelings towards the name. The SA contract was huge and resulted in 1/3 less income to the company and half it's workforce being let go. They sold off opporations in other countries and re organized and buttoned down the hatches. New CEO:In September 2020,the CEO Herman Kotze,stepped down and was replaced by the CFO, Alex Smith,on an interim basis.The Company is now searching for a long-term replacement. Insider buying:Since May 2020, Antony Ball and his firm Value Capital Partners have purchased over 2.5 million shares valued at more than $5 million on the open market. Their most recent open market purchase was on 11/24/20 at $3.39 per share, basically where the stock is today. Another board member purchased on the open market in September 2020. Core Business Overview Summary:Net1 has built a diverse payments and financial services business in South Africa. The Company has the opportunity to leverage its unique technology, infrastructure, and trusted brands to build a FinTech business capable of dominating the South African market. Market Opportunity & TAM:South Africa is an emerging market with a population of ~58 million and a GDP of $385 billion in 2019, making it the second largest economy in Africa. South Africa has a nascent financial infrastructure, with limited access to fundamental financial services for large geographic swathes of the country and segments of the population. At the same time, smartphone usage is common (over half the population uses mobile internet), credit card adoption is growing (13% annual growth since 2012), the educated work force is growing rapidly, and the economy has vast potential including some of the largest reserves of various rare minerals (platinum, gold, palladium, etc.). These all provide strong fundamentals for long term economic growth & FinTech penetration. Net1 focuses on providing its financial services to the underbanked in South Africa, which includes: B2C: ~26mm low income South African consumers B2B: 1.6mm MSME (Micro, Small and Medium Enterprises) South African merchants that are currently unable to accept electronic payments Technology & Infrastructure UEPS Technology Protocol:Due to the large rural population as well as intermittent infrastructure availability, there is a need in South Africa for a financial transaction processing network that works offline as well as online. Net1 built a unique technology called the Universal Electronic payment system that is at once operable with the EMV protocol (and therefore capable of working with Visa/Mastercard cards and card readers) while functioning offline. UEPS combines biometric authentication, last-mile payment processing, and cash interoperability to provide secure and convenient payments infrastructure. Mobile Virtual Card:Net1 developed a unique technology for sending mobile virtual cards, which enables secure payments and money transfers using 1x, unique codes. Physical Branches:The Company distributes its services through ~350 retail locations, including financial services branches, financial service express stores, and satellite branches. ATM Network:Approximately ~60% of the South African economy is transacted over cash. As such, UEPS complements its financial transaction processing business with a network of 1,500 mobile (i.e. mounted on pickup trucks, traveling with armored vehicles) and stationary ATMs. Net1 is the market share leader in this area and has a well-known brand name. Products & Solutions: EasyPay:Provides card payment processing services to businesses and bill payment services to consumers. Leading bill payments services market share in South Africa. Growing rapidly – processing ~1.4mm bill payments per month (October), up from ~1.1mm per month at beginning of CY2020, as mentioned in thelast earnings call. EasyPay Everywhere:Provides mobile banking to consumers. ~1mm active accounts, with approximately ~$30mm run rate revenue. $780mm TAM. MoneyLine:Offers microloans to consumers & MSMEs. Average term life of ~6 months. Average value of a little under $100. While some of the microfinance loans are securitized, much of it remains on Net1’s books. $25.6mm book value as of 9/30/20. $1.4bn consumer opportunity, $4.2bn business opportunity. SmartLife:Life insurance policies, primarily issued for the purpose of covering funeral expenses. 230k paying policies. $1.6bn market opportunity. Cashpaymaster Services (“CPS”):Distributes social welfare payments to over nine million beneficiaries. Currently in liquidation. Here is a good article on the name-- https://seekingalpha.com/article/43...garp-stock-multiple-catalysts-to-unlock-value