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Odds are $GLW has AT LEAST 2 more $META like deals coming as per CEO comments on earnings CC.
2 more deals makes $GLW a steal here...
4 deals and $248 is an easy target.
And this includes nothing else... and of course assumes nothing changes with core biz
Call me crazy, everywhere I look I see folks saying $GLW 52% gain YTD is too much... ( equal oppty)
Scarcity play like $SNDK with fiber optic
Incumbent tech replacement play like $SITM with copper
and more $META esque deals coming
... and much more, but that is enough for higher
Why don't you wait for the stock to run 950% before initiating coverage?
... RBC Capital Initiates coverage On $SNDK with Sector Perform Rating and $400 PT
Fact: War is horrible.
Hate to see what is going on, but as a trader, have to separate emotion...
Some quick thoughts as the perma-bear crew and the rest of the fear mongers clog my feed the last 72 hours with market Armageddon posts and how Oil is headed back to $130 like the year is 1973
Iran had to know this attack was coming after the U.S. ordered non-emergency personnel out of the middle-east , amongst other orders. And then the attacks come and they Iran seems pretty much defenseless. I am no military expert, but easy to see the scope, scale and precision of Israel's attack on Iran and their success. And then to see Iran's response after the attack... an attack that has been rumored(threatened) for years... I used to think if Isreal ever attacked Iran it would be like waking up a sleeping lion... instead it was a lamb.
Years back you could also make the case that the supposed 'Axis of evil' would band together. Now it seems Iran has no-one.
Markets hate uncertainty. But maybe this takes some of that uncertainty out which is Iran holding nuclear weapons. And also removes worries that a conflict removing their capabilities would result in WW3. There are also levers that can be pulled if Oil prices get out of hand(which they wont).
So I see two scenarios here:
1. Israel completes their strikes on Irans capabilities over the next however many days and then says they are done and will only attack again if Iran restarts their program
2. The US and/or other countries negotiate some type of peace deal
I really don't see #2 happening nor U.S. involvement at all in any attacks in Iran.
So in a nutshell,
BUY THE FUCKING DIP
Thanks for reading...
Not trying to beat a dead horse here... or maybe I am.
$GME is:
☑️.03 away from a Golden Cross.
☑️Pincher setting up.
➡️Now just needs to break out of this consolidation.
As they say: 'Longer the base, the higher in space" - not sure if that quote is someones I should cite, let me know if it is
And we know announcement coming soon
$GME setting up for one of the quickest Death to Golden cross moves...
Also, $GME June 29th $100 strikes, 273% out of the money with 63 days till expiry, are .34 x .45
Something brewing...
Lastly, 4/20 coming as well (roaring kitty hints)
Been a while, but back in $IRBT calls for many reasons, a few here:
🏹 Great chart setup - the last 5 times it broke $9.25 it tested $10.50 quickly thereafter. $13 has been big resistance. If/when that breaks, lookout above
🏹 New CEO bought shares at $12.28 last year. Also brings in a cost conscious mindset and has cut 41% of the headcount with some of that on BS R&D
🏹 $288 mil market cap doing $795 million in sales, meaning it has a .33x Price to Sales Ratio. Just trading at 1x's sales puts the stock at $26.6
🏹Regulatory environment now much more conducive to M&A ( Don't forget $AMZN was buying $IRBT for $61 a share or $1.7 bil in 2022 before it was nixed almost 1 year ago)
🏹 Still sports a hefty 12.6% short interest
🏹 and much more...
Think $10.50 first, then $13 soon after...