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re: Waitr Going Public date set

Posted on 11/28/18 at 1:35 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10703 posts
Posted on 11/28/18 at 1:35 pm to
quote:

Anyone know the reason for the big jump today?


Looks like they had a $16 PT by benchmark today.

Also, risk on per Jerome’s speech with some dovish nuggets. (For today - tomorrow the crystal ball fortune tellers may have an opposing interpretation). Most of the market, especially growth names are up today.
Posted by bayoubengals88
LA
Member since Sep 2007
23682 posts
Posted on 11/29/18 at 9:07 am to
I had to jump on this. Just 16 shares. No plans to sell.
Posted by LSURoss
Dragon Believer
Member since Dec 2007
16561 posts
Posted on 11/29/18 at 10:04 am to
I've got 25 in at $10.40
Posted by brightside878
Baton Rouge
Member since Sep 2009
1639 posts
Posted on 11/29/18 at 2:12 pm to
Just bought 800 shares for the long play. I see no way this isn’t wildly successful.
Posted by bayoubengals88
LA
Member since Sep 2007
23682 posts
Posted on 11/29/18 at 2:13 pm to
quote:

Just bought 800 shares for the long play.
Posted by Statestreet
Gueydan
Member since Sep 2008
13898 posts
Posted on 12/12/18 at 10:15 pm to
Waitr Acquires Bite Squad

quote:

Lake Charles, Louisiana-based Waitr (Nasdaq: WTRH) will acquire BiteSquad.com, a Minneapolis-based online restaurant-delivery company, for about $321 million in cash and stock. The deal is expected to close by the end of January, according to a Dec. 11 press release.


Doubling the size of the company. Tilman seems to be going big.
Posted by bayoubengals88
LA
Member since Sep 2007
23682 posts
Posted on 12/13/18 at 7:14 am to
quote:

Lake Charles, Louisiana-based Waitr (Nasdaq: WTRH) will acquire BiteSquad.com
If it drops on this news I might have to go in bigger.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15769 posts
Posted on 12/13/18 at 7:24 am to
quote:

If it drops on this news I might have to go in bigger.


I've had a price set at $10/share before the news yesterday. I am hoping I can still get it around $10.50-$11 in the near future.
Posted by TigerMan79
Lake Charles
Member since Jul 2014
808 posts
Posted on 12/13/18 at 9:28 am to
BiteSquad.com, a Minneapolis-based online restaurant-delivery company, has been acquired by Lake Charles, La.-based Waitr Holdings Inc., for about $321 million in cash and stock.

Founded in 2012, Bite Squad now has partnerships with more than 11,000 independent and chain restaurants, and has a presence in 350 cities. Bite Squad operates in 20 states, including Minnesota, Wisconsin, Iowa, North Dakota and South Dakota.


Looks like Waitr is trying to capitalize on areas that Grubhub isn't present. Whether by design or not, investing in areas without competition seems like a viable business plan. This stock has a vey high ceiling and I consider it a bargain right now.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
9597 posts
Posted on 12/13/18 at 12:44 pm to
In- 86 shares at 11.21. Let’s go!
Posted by Cajun367
S. Louisiana
Member since Oct 2017
1943 posts
Posted on 12/13/18 at 6:52 pm to
When's this gonna start trending up? Cmon!
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