Ideas For Now-
- Thread starter stonedinvestor
- Start date
ERI BOUGHT @ 36.70.... Yesterday and Now it's almost $40 yet not up today? Weird.
GAN update Hitting $27!!! In at $19 Looking very good where can this go to...
GAN update Hitting $27!!! In at $19 Looking very good where can this go to...
Need To watch LPTH here... perkulating. @ $3.28
Big Price Target for GWPH--> GW Pharmaceuticals price target raised to $275 from $250 at Evercore - I can't believe it was at $250 to start. Stk is $123
Big Price Target for GWPH--> GW Pharmaceuticals price target raised to $275 from $250 at Evercore - I can't believe it was at $250 to start. Stk is $123
No way GWPH gets to $275 in the foreseeable future.
Back to GrowGeneration.... here's the thing Stoney and this is why I love it so much...
They are growing by buying existing mom and pop shops that already have established location(s), going in and remodeling them with their cool, geared to make customers spend money look... and stocking them through their supply chain eco-system, leveraging their economies of scale on products these folks need.
Even in states where its only legal for medical, every decent size town has one or two mom and pop shops that sell all the gear to grow this stuff. Bigger cities have even more. Its a huge opportunity.
That's why they did the secondary. They are going to use that money to continue to buy up more established mom and pops... and also open new stores where the market warrants. That money generated from the secondary will go right into near instant accruals to the top line. That's why it went over so well, despite the dilution. We just need to keep an eye on the increase in SG&A. That needs to reflect a minimal increase for the added revenue.
These are highly profitable shops, albeit boutique in a way. It doesn't matter. Lots of boutique operations across different consumer sectors have been scaled nationally and fortunes were made. The folks running this show are pro's. Eddie L. is not a billionaire for no reason. And Bob Nardelli knows a little bit about how to run a railroad. This management pedigree is the #1 reason I like it.
It may take a bit, but check back in two years.... this one is going up bigtime. And if the Robinhoods pick up on it with their Tic-Tocs or Snaps or whatever they use to pump their penny stocks... you'll get huge intra-day spikes too. Those always pull-back, but for our portfolio here... buy and hold this thing. If it drops into the $4's... mortgage the house up there Stoney.
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New QTR Down day.
Most of the action today revolves around sports gambling.
Penn signed a deal with Sportradar.. in which they can now use live in game NFL feed for gambling. I think this is overblown. Don't all these fools sit around these betting sites and watch these games and gamble in game? I'm pretty sure this already happens BUT lets remember that these guys are rolling out Barstool Betting App this Q3... So potentially this adds some sizzle/ This type of betting though is really for losers. In game who gets a running TD etc... just not the way you want to watch a football game.
Draftkings got an upgrade based on name recognition and they did a snaky thing to get into Illinois quicker. More on that later.
Names We Want Back In On In A Pullback--
A) SE- Sea Ltd. The Singapore company with 3 divisions. All hot.
Mistake Sell Type A) You sell a stk and it keeps going up. Well that's what happened here with SE we made a good fortune and then left off at $92 or $93 and she kept spouting North. Not good. Now $107!
Sea Limited initiated with an Overweight at Stephens 19:44 SE Stephens analyst Jeff Cohen initiated coverage of Sea Limited with an Overweight rating and $130 price target. The analyst notes Southeast Asia's "very favorable demographics" with a large millennial population and a rapid GDP per capita / internet penetration growth. Cohen sees expansion across all three of Sea Limite'd businesses, including expanding their addressable market to new regions in gaming, growing their leadership position in e-commerce, and rolling out new monetization levers.
B) GNRC - The power generator Co...
Mistake Sell Type B)
So when you sell a stock after a big run up and it corrects you always get that chance to jump back in and if you hesitate you are lost. Such is me with GNRC we ran it from $100 - $120 and then we had a day at about $114 to get back in and we almost did but we got distracted and now we are at $120 with an upgrade... Not good.
Generac initiated with a Buy at Roth Capital 07:48
GNRC
Roth Capital analyst Philip Shen initiated coverage of Generac with a Buy rating and $140 price target. The analyst argues that Generac dominates the U.S. home standby market with 77% market share, high margins, and cash generation. With a healthy balance sheet and a product people want more in a crisis, the company is well-positioned to weather the COVID-19 pandemic, he adds. Beyond the pandemic, Shen sees "multiple megatrends fueling future growth," including Generac's entry into the battery/storage business, where the company's "powerful" lead generation engine could drive meaningful sales growth in the segment and sector.
Stephens starts DraftKings at Overweight amid U.S. gambling 'mega-trend' 16:29 DKNG Stephens analyst Jeff Cohen initiated coverage of DraftKings with an Overweight rating and $52 price target. Cohen said that sports betting and online gambling are an "emerging mega-trend" in the U.S. as states roll out regulations, and while the process is in the "very early innings," he views DraftKings as one of the clear winners given its brand recognition, product capability, and scale. The analyst said that the company's "superior" focus on product, tech, and data gives them a competitive advantage allowing them to spend marketing dollars more efficiently, which should make them a market share leader in most states they enter.
Penn National enters partnership with Sportradar for NFL data 07:03 PENN Penn National announced that it has entered into a partnership with Sportradar, a provider of sports data and content, to use official National Football League, or NFL, data on the company's sports betting platforms. As part of the partnership, Penn National has the ability to offer a wide array of live, in-game wagering options on NFL games at its retail sports betting locations and on its Barstool Sportsbook app, which is expected to launch in Q3. The partnership will allow Penn National to use the official NFL play-by-play data feed for live in-game wagers on the Company's sports betting platforms.
Most of the action today revolves around sports gambling.
Penn signed a deal with Sportradar.. in which they can now use live in game NFL feed for gambling. I think this is overblown. Don't all these fools sit around these betting sites and watch these games and gamble in game? I'm pretty sure this already happens BUT lets remember that these guys are rolling out Barstool Betting App this Q3... So potentially this adds some sizzle/ This type of betting though is really for losers. In game who gets a running TD etc... just not the way you want to watch a football game.
Draftkings got an upgrade based on name recognition and they did a snaky thing to get into Illinois quicker. More on that later.
Names We Want Back In On In A Pullback--
A) SE- Sea Ltd. The Singapore company with 3 divisions. All hot.
Mistake Sell Type A) You sell a stk and it keeps going up. Well that's what happened here with SE we made a good fortune and then left off at $92 or $93 and she kept spouting North. Not good. Now $107!
Sea Limited initiated with an Overweight at Stephens 19:44 SE Stephens analyst Jeff Cohen initiated coverage of Sea Limited with an Overweight rating and $130 price target. The analyst notes Southeast Asia's "very favorable demographics" with a large millennial population and a rapid GDP per capita / internet penetration growth. Cohen sees expansion across all three of Sea Limite'd businesses, including expanding their addressable market to new regions in gaming, growing their leadership position in e-commerce, and rolling out new monetization levers.
B) GNRC - The power generator Co...
Mistake Sell Type B)
So when you sell a stock after a big run up and it corrects you always get that chance to jump back in and if you hesitate you are lost. Such is me with GNRC we ran it from $100 - $120 and then we had a day at about $114 to get back in and we almost did but we got distracted and now we are at $120 with an upgrade... Not good.
Generac initiated with a Buy at Roth Capital 07:48
GNRC
Roth Capital analyst Philip Shen initiated coverage of Generac with a Buy rating and $140 price target. The analyst argues that Generac dominates the U.S. home standby market with 77% market share, high margins, and cash generation. With a healthy balance sheet and a product people want more in a crisis, the company is well-positioned to weather the COVID-19 pandemic, he adds. Beyond the pandemic, Shen sees "multiple megatrends fueling future growth," including Generac's entry into the battery/storage business, where the company's "powerful" lead generation engine could drive meaningful sales growth in the segment and sector.
Stephens starts DraftKings at Overweight amid U.S. gambling 'mega-trend' 16:29 DKNG Stephens analyst Jeff Cohen initiated coverage of DraftKings with an Overweight rating and $52 price target. Cohen said that sports betting and online gambling are an "emerging mega-trend" in the U.S. as states roll out regulations, and while the process is in the "very early innings," he views DraftKings as one of the clear winners given its brand recognition, product capability, and scale. The analyst said that the company's "superior" focus on product, tech, and data gives them a competitive advantage allowing them to spend marketing dollars more efficiently, which should make them a market share leader in most states they enter.
Penn National enters partnership with Sportradar for NFL data 07:03 PENN Penn National announced that it has entered into a partnership with Sportradar, a provider of sports data and content, to use official National Football League, or NFL, data on the company's sports betting platforms. As part of the partnership, Penn National has the ability to offer a wide array of live, in-game wagering options on NFL games at its retail sports betting locations and on its Barstool Sportsbook app, which is expected to launch in Q3. The partnership will allow Penn National to use the official NFL play-by-play data feed for live in-game wagers on the Company's sports betting platforms.
Sell em all and buy GrowGeneration.
Alright this is downright sneaky... have any of you seen Ozarks? Small casino living....
DraftKings seems to have quicker route to Illinois sports betting, Sportico says 14:02 DKNG DraftKings' market-access deal with Casino Queen in East St. Louis appears to offer a work-around to an Illinois state law that would prevent the company from offering sports betting in the state for another 18 months, according to Eben Novy-Williams of Sportico. DraftKings reportedly confirmed the deal in an emailed statement that said "We look forward to working with both the Illinois Gaming Board and Casino Queen to bring our legal sports betting product to Illinois," according to the business of sports website.....
I bet they didn't like this move at CHDN.....
DraftKings seems to have quicker route to Illinois sports betting, Sportico says 14:02 DKNG DraftKings' market-access deal with Casino Queen in East St. Louis appears to offer a work-around to an Illinois state law that would prevent the company from offering sports betting in the state for another 18 months, according to Eben Novy-Williams of Sportico. DraftKings reportedly confirmed the deal in an emailed statement that said "We look forward to working with both the Illinois Gaming Board and Casino Queen to bring our legal sports betting product to Illinois," according to the business of sports website.....
I bet they didn't like this move at CHDN.....
The first company under consideration is GrowGeneration Corp. (NASDAQ:GRWG), a Denver-based hydroponic and organic gardening retailer in the U.S.
The company allocated $2.23 million to the purchase of property and equipment in full fiscal 2019, marking an impressive growth from $260,000 spent in 2016.
Wall Street sell-side analysts forecast that GrowGeneration's earnings per share will increase by 20% every year over the next five years.<-Ooooomph!
Analysts also recommend a buy rating and have established an average target price of $8 per share.
The stock traded at $6.53 per share at close on Friday for a market capitalization of $251.63 million. The share price grew by almost 94% over the past year.
The stock has a price-book ratio of 4.28 versus the industry median of 1.24 and a price-sales ratio of 2.63 versus the industry median of 0.52.
The company allocated $2.23 million to the purchase of property and equipment in full fiscal 2019, marking an impressive growth from $260,000 spent in 2016.
Wall Street sell-side analysts forecast that GrowGeneration's earnings per share will increase by 20% every year over the next five years.<-Ooooomph!
Analysts also recommend a buy rating and have established an average target price of $8 per share.
The stock traded at $6.53 per share at close on Friday for a market capitalization of $251.63 million. The share price grew by almost 94% over the past year.
The stock has a price-book ratio of 4.28 versus the industry median of 1.24 and a price-sales ratio of 2.63 versus the industry median of 0.52.
So in 2019= 2.23 million to the purchase of property
and yesterday they raised how much?= $42 million!
Van that's 20-X so these guys could drop a PR in which they say they plan to almost DOUBLE their store count... Am I right? 27 stores I don't know how much per store but lets say $200-$400K so 2 stores every $1 mil so that's if they wanted to with say $30 mil they could open 60 STORES!!! that would take earnings up over 100% <---!!!!!
So is it today do I buy today.....
and yesterday they raised how much?= $42 million!
Van that's 20-X so these guys could drop a PR in which they say they plan to almost DOUBLE their store count... Am I right? 27 stores I don't know how much per store but lets say $200-$400K so 2 stores every $1 mil so that's if they wanted to with say $30 mil they could open 60 STORES!!! that would take earnings up over 100% <---!!!!!
So is it today do I buy today.....