GBA Presents: RADIO SAVANT-!

Salesforce drops as weak guidance may be the 'first shoe to drop' in a software slowdown<-------- Ahhhhh yes!
Aug. 25, 2022 7:44 AM ETSalesforce, Inc. (CRM)NOW




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Salesforce (NYSE:CRM) shares dropped nearly 7% on Thursday as the cloud-computing software company lowered its revenue forecast for the full-year, due in part to foreign exchange headwinds and longer deal cycles, something Wall Street analysts worry could be the "first shoe to drop" in a broader slowdown.
 
ALERT***

GBA HAS BEEN LOOKING TO START A POSITION JUST ABOVE $10---> GET IN!!!!!!

FIGS surges 11% after billionaire Ron Baron pitches
Aug. 25, 2022 7:22 AM ET FIGS, Inc. (FIGS)




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YES!



  • Figs Inc. (NYSE:FIGS) jumped 11% in premarket trading after billionaire famed invest Ron Baron said he has been purchasing shares of the healthcare apparel maker.
  • Baron is speaking in an interview on CNBC. He called FIGS "the Lululemon of healthcare."
  • FIGS, a direct-to-consumer seller of popular scrubs and other garb for medical workers, went public in May of 2021 and its shares have dropped 55%since then through Wednesday.
  • Baron Capital owned 2.4 million shares of FIGS as of the end of June.
  • FIGS has short interest of 11%.<----------:D
FIGS-> $ 10.50?

FIGS FIGS, Inc.
Stock Price & Overview

$10.100.00(0.00%)4:00 PM 08/24/22
NYSE |$USD |Pre-Market:$11.39+1.29(+12.77%)8:01 AM<------------
 
--Golden Ocean reports Q2 EPS 82c vs. 63c last year

--Activist JCP pushing Kirby for breakup or sale, Bloomberg says

--Surge Energy resumed with a Buy at Canaccord 07:39 ZPTAF Canaccord analyst Mike Mueller resumed coverage of Surge Energy with a Buy rating and C$15.50 price target. He believes the strategy of focusing on amassing dominant positions in high-return, conventional plays "holds the potential to reward shareholders in the near, mid-, and long term," Mueller tells investors.

--InPlay Oil resumed with a Buy at Canaccord 07:35 IPOOF Canaccord analyst Mike Mueller resumed coverage of InPlay Oil with a Buy rating and C$6.25 price target. He cites the company's debt-free status at year-end 2022 on his estimates and a production base "well above any point in the company's history."
 
Well I just took a 10 second look at LAND ad see alot of red flags alredy.

Always check financing>

Gladstone Land reduces series C preferred stock offering to $255M
Aug. 24, 2022 4:36 PM ETGladstone Land Corporation (LAND)
  • Gladstone Land (NASDAQ:LAND) said Wednesday itamended its $500M continuous offeringof its 6% series C cumulative preferred stock.
  • The primary offering was reduced from 20M shares (~$500M) to 10.2M shares (~$255M).
  • The amendment also limits the number of sharesto be sold under the dividend reinvestment plan to no more than 200K.
  • The offering of the preferred stock will now terminate on by Dec. 31 or the date when all 10.2M series C preferred shares in the primary offering are sold.
  • LAND so far sold ~$213M of its series C preferred stock since Apr. 3, 2020.
  • "... rising cost of capital, cap rate compression in certain markets, and uncertainty surrounding the economy led to a slowdown in our acquisition activity this year. Thus, we believe it is prudent to slow down fundraising efforts with regard to the series C preferred stock and reduce our overall cost of capital," said LAND CEO David Gladstone.
  • LAND intends to apply to list the series C preferred stock on Nasdaq or another exchange within 1 year of the termination date of the offering.
20M shares becomes 10 mil>

adding preferred shares>

Bit of a shell game. NO!
 
Red Flag- LAND still trades at a high premium (over 60%) to their NAV. Progression in NAV from their land appreciation has been slowing and is only $0.10 per share for the quarter vs. $0.48 in Q1.

Red Flag-Base management fees increased by 50% and selling commissions and dealer-manager fees even tripled. Overall fees totalled nearly $12.3m for H1 2022 vs. $6.6m in H1 2021. This compares to only $40.2m of lease revenue. This means over 30% of lease revenue gets paid to Gladstone (up from 20% in H1 2021). But only half of that is visible in the income statement as the selling commissions and dealer-manager fees get booked directly to the balance sheet.

Red Flag-
  • Gladstone's debt is now straining its earnings, leaving the company dependent on share issuance to pay off notes and maintain dividends.
Red Flag-

LAND shares have sold off sharply since April. From a high of $42.10on April 20, the price plunged to $21.23 on June 16. That's a loss of (-49.6)% in under two months, from which shares have only slightly recovered. It seems like most stocks would of come back a bit....



 
Pure Cycle: 50-70% Conservative NAV, Hard-Asset Company, Lots Of Free Options And Insiders Own 21%
ET Pure Cycle Corporation (PCYO)
  • PCYO is an under-the-radar land and water resource company trading at a discount to a conservative NAV (0.5x-0.7x P/NAV).
  • Despite trading at a discount, there are also a ton of free call options attached.
  • This is a good opportunity to invest in hard assets (land, water) at a discount alongside management which owns ~21% (CEO owns ~4%).
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vanzandt said:
Next retailer to fall>>>> DG
$249 earlier.
It's going much lower. Earnings in late August.
Their stores are an utter mess.
They can't get employees obviously.

DG is a solid short.
Put that in the portfolio Stoney.

Portfolios are for making money. Period.
More...
DAMN I'M GOOD

FEAST CHILDREN.... THE SAVANT HAS YOUR BACK!
 
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