GBA Presents: House of Gummy-!

TED!!!!

I like Sally's beauty supply tomorrow for earnings.
SBH--->$12.31

Look at today's call volume on the $12.50's ---->7460 :wtf:
5000 of those were bought at the ask. Open interest was only 488 contracts.
---> 13.5% of the float is short :thumbsup:

STONEY!!!!
It's not too late--- your "beauty thesis" --- you can buy all the SBH you want here in the AH's at $12.50. :sneaky:
Options are weird, my NXT got smashed with APP. I bought the common with NXT($41.80 averaged down) and $42.50 calls APP. Hopefully they won’t be a bag holding till Fall with my IBM calls.
 
Today might be a good day to get into Honeywell. I've sent a note in. This area has support I think. I have HON on my ideas for YEAR24 list and as opportunity rises we should enter these names.

Honeywell International Inc. (HON)
NasdaqGS - NasdaqGS Real Time Price.



202.26-3.64 (-1.77%)
At close: January 31 04:00PM EST
196.83 -5.43 (-2.68%)<-------------------- Good entry!
Pre-Market: 9:20AM EST
 
Oh goodness-- make that 4 companies in 4 days!!!

Arthur J. Gallagher acquires FarmPLUS Insurance Services » 09:02 AJG
I told ya... you'll see at least one of these every week or so. I don't understand how it works tbh. Their SEC filings are hands down the most difficult documents to decipher that I have ever seen.
 
Here is a lesson I have learned over the years-

The last few purchases by AJG they have each time not disclosed the terms.

Feb. 01, 2024 9:14 AM ET Arthur J. Gallagher & Co. (AJG) StockBy:Sinchita Mitra,SA News Editor
  • Arthur J. Gallagher & Co. (NYSE:AJG) said it has acquired FarmPLUS Insurance Services, for undisclosed terms.
  • FarmPLUS Insurance Services is a retail agency providing agricultural and crop insurance coverages in Virginia, North Carolina and South Carolina.
So what I have learned is when M&A buys are accretive they tell you that. they tell you in the first paragraph. They trip over themselves to tell you that.

Whene terms are held private they are always paying more out than they are bringing in.
 
Some talk out of Japan today on the HF desks. Apparently someone blew up over there-- is it a bank? I'm not sure but their problems stem from US Real estate bets (assume corporate).

And if Office real estate can flush out someone in japan.. what can it do to the regional banks here?
 
TIME TO GET INTO ETSY? Another YEAR24 idea.

Elliott Investment has built 13% stake in Etsy, Bloomberg reports 09:34 ETSY

Elliott is a smart outfit./ There has been short activity on this name.// perhaps that abates now.


ETSY Etsy, Inc.


$73.116.55(+9.84%)9:35 AM 02/01/24<-- big response
NASDAQ |$USD |Realtime
 
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