Boiler Room: The Official Stock Market Discussion

bnew

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fukk it, just bought 89 shares of NEXCF :manny:

NexTech AR Reports a Record-Breaking 315% Increase in Black Friday Sales from Last Year

Vancouver B.C., Canada – December 3, 2020 – NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events today announced that it has achieved a record-breaking 315% increase in Black Friday sales year-over-year across it’s AR eCommerce platform. With 2020 being a year dominated by coronavirus, shoppers have shown that they will embrace the convenience and safety of online shopping more than ever.

been on my watch list for almost a month now. shoulda bought it sooner for cheap.
 

bnew

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i bought into CBDD on 11/12 & 12/1 and now P?L is +1,034.71% .

i should have put real money on it.:sadbron:
 

Notley

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yall nikkas FOMO'd me into WTRH :beli:

don't fukk me over brehs :sadbron:

I laughed. I feel the same way, although I did spend 2-3 hours doing DD the other night.

Here are a few things that I learned about WTRH by reading the Q3 earnings call transcript, and looking at some other sources:

1. They have been profitable for the last two quarters. Profitability is rare in the sector.

2. This sector will probably consolidate in order to get profitable because the customer acquisition costs are too high because of the competition.

3. The CEO is highly motivated to get this company bought. If it happens by December 2021, he gets a $5 mil bonus and can buy 9.9 mil stocks at a steep discount.

Here is one of his statements on the earnings call:

"Candidly, we're a perfect fit for any of them [DASH, UBER]. I also think as we continue to expand our integrated payment solution, the universe of companies that we would fit very nicely with expands ratably."

4. WTRH is trying to expand beyond delivery. It has developed an in-restaurant ordering system that minimizes contact between waiters and diners. They see this as a way to go national.

5. Thread favorite, Tilman Fertitta, is on the board.

6. After they turned profitable in Q2, a mergers & acquisition analyst said he thought in an acquisition their stock price should be bought out in the $9.5 - $10.5 range.

If you are interested, here is a link to the Q3 earnings call:

https://seekingalpha.com/article/43...d-on-q3-2020-results-earnings-call-transcript

This is my first stock buy, and my first post in the thread. I plan to be active here.
 
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bnew

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I laughed. I feel the same way, although I did spend 2-3 hours doing DD the other night.

Here are a few things that I learned about WTRH by reading the Q3 earnings call transcript, and looking at some other sources:

1. They have been profitable for the last two quarters. Profitability is rare in the sector.

2. This sector will probably consolidate in order to get profitable because the customer acquisition costs are too high because of the competition.

3. The CEO is highly motivated to get this company bought. If it happens by December 2021, he gets a $5 mil bonus and can buy 9.9 mil stocks at a steep discount.

Here is one of his statements on the earnings call:

"Candidly, we're a perfect fit for any of them [DASH, UBER]. I also think as we continue to expand our integrated payment solution, the universe of companies that we would fit very nicely with expands ratably."

4. WTRH is trying to expand beyond delivery. It has developed an in-restaurant ordering system that minimizes contact between waiters and diners. They see this as a way to go national.

5. Thread favorite, Tilman Fertitta, is on the board.

6. After they turned profitable in Q2, a mergers & acquisition analyst said he thought in an acquisition their stock price should be bought out in the $9.5 - $10.5 range.

If you are interested, here is a link to the Q3 earnings call:

https://seekingalpha.com/article/43...d-on-q3-2020-results-earnings-call-transcript

This is my first stock buy, and my first post in the thread. I plan to be active here.


you're in for the flip or holding long term?
 

dora_da_destroyer

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I laughed. I feel the same way, although I did spend 2-3 hours doing DD the other night.

Here are a few things that I learned about WTRH by reading the Q3 earnings call transcript, and looking at some other sources:

1. They have been profitable for the last two quarters. Profitability is rare in the sector.

2. This sector will probably consolidate in order to get profitable because the customer acquisition costs are too high because of the competition.

3. The CEO is highly motivated to get this company bought. If it happens by December 2021, he gets a $5 mil bonus and can buy 9.9 mil stocks at a steep discount.

Here is one of his statements on the earnings call:

"Candidly, we're a perfect fit for any of them [DASH, UBER]. I also think as we continue to expand our integrated payment solution, the universe of companies that we would fit very nicely with expands ratably."

4. WTRH is trying to expand beyond delivery. It has developed an in restaurant ordering system that minimizes contact between waiters and diners. They see this as a way to go national.

5. Thread favorite, Tilman Fertitta, is on the board.

6. After the turned profitable in Q2, a mergers & acquisition analyst said he thought in an acquisition, their stock price should be between $9.5 - $10.5.

If you are interested, here is a link to the Q3 earnings call:

Waitr Holdings, Inc. (WTRH) CEO Carl Grimstad on Q3 2020 Results - Earnings Call Transcript | Seeking Alpha

This is my first stock buy, and my first post in the thread. I plan to be active here.
this is a hell of a first post, repped :salute:

the CEO with the incentive to get the company acquired is some nice info, given their niche is the south and looking at Uber's mkt share in southern cities + it being a heavily software dev oriented company + it's rising share price, that could make a lot of sense.

you're in for the flip or holding long term?
if it really doubles up next week, i'm pulling my investment + some profit and will YOLO the remaining shares
 
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bnew

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this is a hell of a first post :salute:

the CEO with the incentive to get the company acquired is some nice info, given their niche is the south and looking at Uber's mkt share in southern cities + it being a heavily software dev oriented company + it's rising share price, that could make a lot of sense.

if it really doubles up next week, i'm pulling my investment + some profit and will YOLO the remaining shares

depending on how well my option plays perform, i may keep the shares.
 

Notley

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you're in for the flip or holding long term?

If it 2x in the next few weeks I will flip.

I am trying to get a 2-4 stocks port. I don't see this as one of them. It's not a disruptor. I want to focus on disruptive, mid-cap companies.

I am using this as a sympathy play for the DASH debut on December 9 based on the article that @Serious shared last week:
How To Rock The Stock Market Sympathy Play/
 
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