Stoney.... your genius is under-appreciated here by most. 99% are euro-idiots trading forex and/or USA subscribers to "get rich overnight through trading" youtube schmucks. Anyway... $SBGI bro. We'll get a double in 12 months. Its not going away. Smart cookies runnin' that one.
And oh btw.... I was pimping $work when it was in the low $20's. It'll pull back initially on earnings.... but this one is heading north bigtime. Its near $41 ah's. Buy the dip on this one Stoney. I don't think it'll be much of a dip though. If it is... we'll let it breath because in time it will be much higher.... assuming 2020 doesn't throw us anymore curve-balls. Of course CA is due for a major earthquake, and we've had two named storms prior to June 1 in the Atlantic ..... Like I said in another thread.... maybe we're the virus and Covid is the antibodies. Stew on that tomorrow morning.
Van I'm finally getting your lingo... the $ sign has been confusing me. You are talking about Sinclair Broadcasting.. is this a play on the upcoming insurrection? I mean election? Woa... up 7% yesterday... Looks like the only news recently is : Cinedigm's Bob Ross channel available on Sinclair Broadcast's STIRR service 05/19 CIDM, SBGI Cinedigm (CIDM) announced the launch of the Bob Ross Channel on STIRR, an ad-supported, live and on-demand streaming service. The Bob Ross Channel will showcase the series' memorable moments and incredible paintings, featuring approximately 380 classic episodes and delivering hours of quality entertainment that is enjoyable for the whole family. As part of Cinedigm's agreement with Bob Ross, Inc., Now Van, Bob Ross is clearly dead and all of these former painting shows are available on Youtube... Not exactly reinventing the wheel what is the catalyst? Speaking of catalyst. I screwed up. I'll just admit it... I did a big review of Ebay because my wife has started using it again after many years of avoiding. I have a good understanding of Ebay because my wife shops so much... I actually bought my original late life car on Ebay before there was and Ebay motors many moons ago... 1991 Blue Mercedes wagon special color blue (west coast) from St Louis towed down to me in NYC and left in front of my building without a working battery. Just left it. 178,000 miles and still working! Anyway used to use Ebay all the time because we had a used clothing business... " Vintage " you know upscale and we sourced some items on Ebay and then the Robots came and ruined everything. That and the " buy it now " button. We left in disgust. Now with the Covid my wife has started buying vases not stop. I cannot stop her... she calls the whole thing Co-- Vase. It makes her feel better it hurts me $<-- So I did a big financial look see and got all my ducks in order and was just about to tell you all and buy it myself as is my way, when the company raised guidance yesterday! Wow, in the old days I would of jumped out the window. A lot of stocks have moved tracing LII The Hepa play-- that has plotted 204, 213 AND NOW $225. SO WE HAVE WATCHED A LOT OF POTENTIAL PROFIT instead of being in on it. Likewise the other HEPA play, TT has plotted 87, 90 and $95.... And here we are with neither in the portfolio... we can't let the same mistake happen to one of our watch stocks.. I hope you all play along I put some ideas out that are going to be late players... such as Aerojet Rocket... the Hypersonic weapon people... I'm thinking AJRD is the next add to the Stocks For Now portfolio. Cestrian Capital Research: Generally speaking the we think the market right now is characterized by companies with Covid-compromised fundamentals but Fed-fuelled stock prices. Where possible we try to find names with solid fundamentals and beaten-down stocks, to make long-equity trades. That combination can be found more often than you might think, and when the market discovers the anomaly, those stocks can correct upwards pretty quickly. A current example that we've had success with is Aerojet Rocketdyne (AJRD), which achieved a huge increase in backlog from a big NASA order, but remained a moribund stock; that's just started to move upwards and we think there is more to come.<--- A ha....... WATCH: AJRD
SPX,SPY16:0506/04/20 Mattis rebuke 'wake up call' for stock market, says Keefe Bruyette When a former cabinet member and a decorated war hero criticizes the president, "then the president is in serious trouble," Keefe Bruyette analyst Brian Gardner told investors last night in a research note. While the election is far from over, James Mattis's rebuke of President Trump "may be a wake up call to the markets that Mr. Trump could lose in November," added Gardner. He believes Mattis's statement could be "strongest sign yet" of Trump's vulnerability in November. Do Ya Think! Man talk about the obvious... I see all of this Federal vs State stuff going on now as a warm up for the Election when we are going to have to have Mad Dog Mattis lead one of the more loyal brigades against the White House and forcibly remove the Fool in Office who will spout about mail in ballets and Covid holding down his crowd size, etc. It just won't be a fair landslide... How the stock market takes all of that.... I'm worried big time. Sinclair Broadcasting - (Bloomberg) -- There’s a saying in the junk bond market that covenants don’t matter until they do. Now, as the economic fallout from the Covid-19 pandemic sends a new class of companies spiraling into distress, those investor protections are being put to the test. Sinclair Broadcast Group Inc. is asking bondholders to take a 40 cent haircut on a $1.8 billion unsecured bond it sold less than a year ago to fund the acquisition of Walt Disney Co.’s regional sports networks. The steep discount on the ongoing debt swap has met with resistance from investors, but the company sought to remind holders just how much power it has. That’s thrown into the spotlight how weak covenants are coming home to roost. More than half of the bondholders have organized to block the debt swap, hoping to bring the company to the bargaining table and cut an alternative financing deal, according to people familiar with the situation, who asked not to be named discussing a private transaction. But no matter how many holders agree to the exchange, Sinclair still has the option to move valuable assets beyond the reach of bondholders -- a scenario reminiscent of the controversial J. Crew maneuver in 2016 -- as well as the right to repay shareholders before reducing debt.
Alright buy order placed at the open for AJRD. Research Report Requested for SBGI... I just did technical work on the name and that must be the reason for Van's interest it has a very interesting chart for me $30 is attainable... $41 is not out of the question (5 year look) But geeze management seems very sketchy... that sport bond issue and this: WASHINGTON (Reuters) - Sinclair Broadcast Group has agreed to pay a $48 million fine to the Federal Communications Commission (FCC) resolving the probe into the company's abandoned deal to buy Tribune Media in what the agency said was its largest-ever civil penalty. Sinclair Chief Executive Chris Ripley said in a statement the company was pleased with the resolution. "Sinclair is committed to continue to interact constructively with all of its regulators to ensure full compliance with applicable laws, rules and regulations," said Ripley, who is the company's president.
Like I said in another thread.... maybe we're the virus and Covid is the antibodies. Stew on that tomorrow morning. Another thread? There is one? How bout this, maybe the virus is Police violence... and we are the antibodies. I am actually living what some of these large companies are dealing with... I found out last night that the beautiful large windows of the store front that I am part owner of the lease of... was smashed and the store looted and closing!!! I threw up in my mouth. I was getting the info from eyes on the ground that happen to be Venezualan and the language was a bit hard to reconcile with the facts on the ground.. Closed for how long? Not forever right????? If that was the case this would be my last post at Elite Trader and I will be rejoining the work force at at an advanced age of nearly 56. I do not know code, or quick book or Word or anything not Apple or new fangled. I don't own a cell phone. The last job I interviewed for was a non profit sports set up which involved I think comic books... So I am in the unfortunate place that several large Mall REITS are in.. Did you here about GAP not paying their rent... I don't want to give the name out of the company in question here but i will say they were deemed essential and have been open throughout the pandemic! It's the damn bad apple rioters that closed them down. And last night it did get crazy just a block away....lots of arrests...So the companies intel was good.. but they have been open making money up until now-- and they sure better put that June rent in my account.. I am under such pressure. And I am living through all of this having removed a tooth cap with a damn fudge cookie... and I need to go to a dentist bad... but they just opened I think... and of course there's Covid to worry about in that environment... I have an exposed something and just before Covid struck I had two teeth pulled as well and I was supposed to get a post and a fake tooth on one side and now I just have these gaps. I think I'm walking away in the middle of having tooth replacement surgery... I look like a farmer. a farmer who has to get this expensive fake tooth cap back in his mouth quick...
LII lifted off Wed. from $216--> $225. That's a pretty significant jump/ this week TT on that same Wed this week $91--> $95 Could our talking about the air circulation market have driven these price gains?
The Motley Fools pick up Criteo Paris-based online marketing expertCriteo(NASDAQ:CRTO). The company issued modest second-quarter guidance targets in April, based on the assumption that the COVID-19 crisis would drive order volumes much lower in May. Investors are also worried about an upcoming change to the handling of cookies in the popular Chrome web browser, which could make it more difficult for Criteo to collect the data it uses for building effective online marketing campaigns. As of this Tuesday evening, Criteo's stock had fallen 36% year to date. Criteo updated its second-quarter outlook on Wednesday, and it turned out that the expected revenue crash never happened. The announcementdrove Criteo'sstock 19% higher in a single dayand also sparked double-digit jumps for fellow digital marketing expertsThe Trade Desk(NASDAQ:TTD)andThe Rubicon Project(NYSE:RUBI). This sudden correction did not signal the closing of Criteo's wide-open investment window. The stock is still down 24% in 2020, trading at just 9.8 times trailing earnings or four timesfree cash flows. The company also reports steady profits and the balance sheet holds more cash than debt. Regarding that troublesome Chrome update, Criteo is actively discussing the issue with browser builderAlphabet while exploring workarounds based on data-tracking ideas that don't rely on browser cookies. I'll admit that the Chrome issue could become a short-term problem, but I also expect Criteo to meet its data-tracking requirements in other ways. "We believe the industry is long overdue in replacing cookies as the technique used to personalize ad targeting on the web, and we welcome concerted industry efforts to evolve beyond cookies in privacy-safe ways," Criteo CEO Megan Clarken said inthe company's fourth-quarter earnings call. "We're very well positioned for this shift." All things considered, Criteo's stock is spring-loaded for a fantastic rebound. The stock may still fall a bit further if and when the Chrome browser limits the sharing of cookie data, but that's just another deep-discount buying opportunity in the making.
SBGI $20 Wed---> $24.50 Sorry to hear about your storefront. It'll be back. Insurance won't pay for riots will they? Or will they? I'll have to look. Either way, you can write it off right? You'll get something. The business, if it was making money, it'll be fine. They're just upset right now. Rightfully so.