Graybush Capital
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Why I sold my $Occidental Petroleum(OXY.US$ position to buy $Petroleo Brasileiro SA Petrobras(PBR.US$
1. PBR has the ability to find labor at a much lower price. Brazil has many people that will work for $8/hour that are very skilled.
2. Brazil has massive steel plant to make all the drill pipe in the world at lower cost than the USA.
3. Brazil is not an OPEC+ member and can exploit this production issue to the max. And pump all they can truely produce.
4. They hav...
1. PBR has the ability to find labor at a much lower price. Brazil has many people that will work for $8/hour that are very skilled.
2. Brazil has massive steel plant to make all the drill pipe in the world at lower cost than the USA.
3. Brazil is not an OPEC+ member and can exploit this production issue to the max. And pump all they can truely produce.
4. They hav...
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Graybush Capital
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From what I can calculate, best dividend yield of any company yesterday, but the Fed news made it almost not worth having. Glad investors used the opportunity to buy in good volume though, +4.53% post-market bounce back to $6, not bad $BP Prudhoe Bay Royalty Trust(BPT.US$
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Graybush Capital
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$Array Technologies(ARRY.US$ entered this at 26.90 and now I’m just hanging onto it after fudging my stop loss haha. Any chance it’ll climb again
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Graybush Capital
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$Meta Platforms(FB.US$, or Facebook -- the company, not the app -- has a new name. Now called Meta, the company co-founded by Mark Zuckerberg is going all in on his vision for the metaverse.
With that being said, People on Twitter aren't exactly happy - many people show some strong feelings about the name-changing issue instead.
Here are some of the comments:
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Even CNBC goes:
What do you have in mind about this name-changing of $Meta Platforms(FB.US$?
With that being said, People on Twitter aren't exactly happy - many people show some strong feelings about the name-changing issue instead.
Here are some of the comments:
1.
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Even CNBC goes:
What do you have in mind about this name-changing of $Meta Platforms(FB.US$?
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Graybush Capital
voted
Shares of video game retailer $GameStop(GME.US$fell more than 7% in extended trading Wednesday after the company reported its second-quarter loss narrowed on a year-over-year basis.
The highlight of the earnings was the time spent. This online conference kept all the investors waiting for more than 40 minutes. All they could do is to enjoy the beautiful waiting music. The earnings part is short yet iridescent, it took Matt Furlong, the new CEO for only six and a half minutes to finish the talking and then fade out like a boss. Left all the investors in the online meeting room with shock and confusion.
A friend indicates that:
This is the most bullish-sounding elevator music I’ve ever heard.
$GameStop(GME.US$holders listening to the waiting music for earnings call:
Here's their second quarter overview:
Generated net sales of $1.183 billion, compared to $942 million in the prior year’s second quarter.
Ended the period with cash and restricted cash of $1.78 billion.
Ended the period with no long-term debt, other than a $47.5
million low-interest loan associated with the French government’s pandemic response.
Invested in long-term growth initiatives that include expanding the Company’s product catalog, enhancing its fulfillment network capabilities and technology, and adding talent across the organization.
Entered into a lease of a new 530,000 square foot fulfillment center in Reno, Nevada, positioning the Company’s fulfillment network to span both coasts of the continental U.S.
Entered into a lease of a new customer care center in Pembroke Pines, Florida and started building out U.S.-based customer care operations.
Source: STOCK TITAN
The highlight of the earnings was the time spent. This online conference kept all the investors waiting for more than 40 minutes. All they could do is to enjoy the beautiful waiting music. The earnings part is short yet iridescent, it took Matt Furlong, the new CEO for only six and a half minutes to finish the talking and then fade out like a boss. Left all the investors in the online meeting room with shock and confusion.
A friend indicates that:
This is the most bullish-sounding elevator music I’ve ever heard.
$GameStop(GME.US$holders listening to the waiting music for earnings call:
Here's their second quarter overview:
Generated net sales of $1.183 billion, compared to $942 million in the prior year’s second quarter.
Ended the period with cash and restricted cash of $1.78 billion.
Ended the period with no long-term debt, other than a $47.5
million low-interest loan associated with the French government’s pandemic response.
Invested in long-term growth initiatives that include expanding the Company’s product catalog, enhancing its fulfillment network capabilities and technology, and adding talent across the organization.
Entered into a lease of a new 530,000 square foot fulfillment center in Reno, Nevada, positioning the Company’s fulfillment network to span both coasts of the continental U.S.
Entered into a lease of a new customer care center in Pembroke Pines, Florida and started building out U.S.-based customer care operations.
Source: STOCK TITAN
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