GBA Presents: House of Gummy-!

Did the Lizard King head to the Hamptons early?
Yeah I think he said he was leaving early today. I called Suffolk County and made sure they doubled up on lifeguards this weekend; and saved an extra bed in the drunk-tank.

Know what home builder never gets any attention and I had forgot about? Howard Hughes Corp. HHC.

I owned it for awhile back in the day (I think I lost $5/share if recall :rolleyes: ), and since all these builders are on fire, I thought I'd pull it up.

This damn thing has barely budged. It's a good company. They build planned communities, multi-family, condo's, all kinds of stuff. I'm gonna dig into why it hasn't moved much, but for now I'm giving it a moderate VZ granny stock upgrade.

HHC----> $78

More to follow on this one.
 
That's a HUGE headline revenue beat, and it's up about 14% in the after hours.
$5.70 A lot of volume too. But I'll tell ya what, I think that headline is bs. The way I read it $217M of that revenue beat was a one-time gain from the sale of their patent portfolio.

Readers beware.
This thing gave back 6% off of that $5.70 (above) today.
I'll put on my Stoney hat here: "What? No thank you's? Where's the love?"
I think it's going lower too.

Check this out....
http://archive.fast-edgar.com/20230629/A322622CZ228E2Z2222U2C4KPQOU5Z222252

So this cat, president of Blackberry's IoT (whatever that means... and yes I know the acronym... but for BB) sold in the after hours last night? I realize it was a sale to cover taxes on rsu's, but one has to think... "Gee lets cover that bill while the stock is way up in the ah's." Real vote of confidence there. I mean he was sitting home watching? Whatever.

But I told ya it the whole thing looks shady to me. Hell even wsb's couldn't run this one today.
 
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