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re: Stocks on your watch list

Posted on 2/9/21 at 5:48 pm to
Posted by TheChosenOne
Member since Dec 2005
18873 posts
Posted on 2/9/21 at 5:48 pm to
At this point cgrand probably owns enough shares to squeeze the shorts himself.
Posted by HeLeakin
Member since May 2014
3653 posts
Posted on 2/9/21 at 5:54 pm to
ARK keeps buying DKNG
Posted by TigeRoots
Member since Oct 2008
8556 posts
Posted on 2/9/21 at 6:01 pm to
quote:

They have also been shedding SE for like 2 weeks now I've noticed.


ARK shed more today as well as PINS. She keeps stocking up on DKNG, which I kind of understand as the books had a record year so it stands to reason DKNG’s next ER will be stellar.
This post was edited on 2/9/21 at 6:02 pm
Posted by hiltacular
NYC
Member since Jan 2011
20200 posts
Posted on 2/9/21 at 6:18 pm to
SE is due for a pullback. Dkng imo still has room to run in the short term. I’m looking for $70 from it.
Posted by TigeRoots
Member since Oct 2008
8556 posts
Posted on 2/9/21 at 6:33 pm to
Yeah I own a chunk of it as well, SE too. Actually thinking of trimming SE or selling it all and rolling it into the ARK fund which has the most exposure to it. I believe in SE long term, so def want some exposure. It’s been on a helluva run; like most everything else we mention, haha.
This post was edited on 2/9/21 at 6:33 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
48706 posts
Posted on 2/9/21 at 7:04 pm to
don’t sell SE, chart don’t lie...high and to the right.

goofy shite happening AH in GOGO for the second day in a row.
high volume buys in the back rooms.

I will speak a GOGO breakout into existence. They don’t report until 3/11 so we have plenty of time. I finally got out from under OGI today after 2.5 years, and sold BB for a small gain...all that went to GOGO
Posted by igoringa
South Mississippi
Member since Jun 2007
12378 posts
Posted on 2/9/21 at 7:08 pm to
Sorry if I missed it cgrand - But what is the buy thesis on gogo ...... Besides me failing to cancel my monthly flight WiFi subscription for most of 2020 lol
Posted by TulaneLSU
Member since Aug 2003
Member since Dec 2007
13633 posts
Posted on 2/9/21 at 7:11 pm to
Friend,

Your confidence in GOGO has Mother giddy.

“How much should we buy tomorrow?” I asked.

“Is cgrand really buying it?”

“Yes,” I responded. “He’s very excited.”

“Does $50,000 seem like too much?”

I responded, “Not when cgrand puts his stamp on it.”

“Then I am decidedly in favor of it. With God’s blessing we shall share our profits with the poor.”

There you have it, friend. An order for $50,000 tomorrow for GOGO.

Yours,
TulaneLSU
Posted by TigeRoots
Member since Oct 2008
8556 posts
Posted on 2/9/21 at 7:19 pm to
quote:

don’t sell SE, chart don’t lie...high and to the right.


Thanks for the tip; will hold. Enjoying the ride and like I said I’m a long believer.

What are the thoughts on GOGO? Is it just the short interest angle? Seems like it’s value should hinge on air travel being back to somewhat normal or am I missing something? That could obviously be awhile... guess I should have asked that before I dropped $7K in it today, ha.
Posted by cgrand
HAMMOND
Member since Oct 2009
48706 posts
Posted on 2/9/21 at 7:32 pm to
private/business aviation is booming.
drones are next
5G in the air
Posted by cgrand
HAMMOND
Member since Oct 2009
48706 posts
Posted on 2/9/21 at 7:48 pm to
quote:

TulaneLSU

please remind mother that I am a weed smoking hippie type that may or may not be trustworthy. That said I believe in GOGO

here is the bull thesis

GOGO sold their commercial aviation unit for 400MM cash plus 17MM revenue guarantee over 10 years. It was losing money and there was wide skepticism that they could dump it.

they sit on a fairly large mountain of debt that “should” be favorably refinanced any day now, and may have already been done so. Institutions are begging for corporate debt right now. Their business aviation unit is profitable on its own, and business/private aviation is way up compared to commercial. Gates just invested big dollars to buy a part of signature aviation (largest FBO in the world). 5G in the air is not cost sensitive in that market, they can charge whatever they want on a recurring subscription basis (the holy grail of revenue growth). Commercial aviation is going to consolidate opening an opportunity for those who can afford it to fly privately.

Then you have the drone industry (coming soon to an Amazon order near you). They have to be connected above ground and out of range of ground based controls.

finally the short interest below 15 which should be the trigger. It hit 16 the other day and immediately jumped back down. If it can get there and stay there pressure will mount
Posted by TigeRoots
Member since Oct 2008
8556 posts
Posted on 2/9/21 at 8:07 pm to
Good info. Are there any barriers to entry for companies like VZ/T to get into the “air” 5g space? I have no idea what that structure looks like but GOGO obviously has it set up. Or perhaps a VZ/T acquires GOGO?
Posted by cgrand
HAMMOND
Member since Oct 2009
48706 posts
Posted on 2/9/21 at 8:18 pm to
Private equity owns a 1/4 stake in GOGO. I’d say it more likely they get taken private than that they get bought out. We will see

It’s highly risky but it’s a 14 dollar stock. Airplanes rely on being connected for everything from avionics to systems monitoring. An airplane is a giant Internet of Things
Posted by MagaPatriot
Member since Jan 2021
111 posts
Posted on 2/10/21 at 5:21 am to
How do you feel about EXPC? Does it fit the model you are describing?
Posted by LChama
Member since May 2020
4013 posts
Posted on 2/10/21 at 7:03 am to
What is possible target on GOGO? Thanks for the ROKU tip!
Posted by Eric Nies Grind Time
Member since Sep 2012
25506 posts
Posted on 2/10/21 at 7:12 am to
Man .. TLRY will not stop exploding.
Posted by cgrand
HAMMOND
Member since Oct 2009
48706 posts
Posted on 2/10/21 at 7:29 am to
I know
I sold that thing way too early
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/10/21 at 7:30 am to
This market is amazing. I've woken up every day at 7am for 9 days now with my account already up several thousand dollars. Then the small caps kick in about an hour later and just obliterate everything.
This post was edited on 2/10/21 at 7:42 am
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/10/21 at 8:33 am to
I get like 50 texts about new ATH's every day
Posted by lsuwhoopyoazz3232
Member since Sep 2006
2477 posts
Posted on 2/10/21 at 8:34 am to
Anybody watching OEG?
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