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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. May 27, 2021 at 10:52 AM
    AK Taco

    AK Taco Well-Known Member

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    Trying to drive some FOMO in to AMC and away from GME I'm sure
     
  2. May 27, 2021 at 10:54 AM
    IDtrucks

    IDtrucks Unhinged and Fluid

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    it wants to go thats for darn sure
     
  3. May 27, 2021 at 10:54 AM
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    mannnnn.


    Those 50 shares of AMC i had and took $14 for are looking mighty fine right now. Shoot me in the head.
     
  4. May 27, 2021 at 10:54 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    Possible, but I’d think it’s more sophisticated than that.
     
  5. May 27, 2021 at 10:56 AM
    MickDog13

    MickDog13 Well-Known Member

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    It’s gonna be a big swing tomorrow, up or down I’m not sure.
     
  6. May 27, 2021 at 10:56 AM
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    I think that screws them even more imo. If AMC peaks first and those gorillas take their profit, they're definitely YOLO'ing it into GME even more.
     
    Caboose117 likes this.
  7. May 27, 2021 at 11:01 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Nice move. Insane
     
  8. May 27, 2021 at 11:01 AM
    Caboose117

    Caboose117 foul mouthed Marine

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    smashed this, broke that, covered it up with tape and paint
    Smooth smooth brain
    (Said In 007 format)
     
  9. May 27, 2021 at 11:01 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    2 putt ;)
     
  10. May 27, 2021 at 11:03 AM
    kairo

    kairo [OP] >_>

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    Damn, even my F call rippin' today. Almost worth 2 GME shares at this point.
     
  11. May 27, 2021 at 11:03 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Imagine if you bought 1500 shares at $12 and then paper handed it when it fell to $9 and then had to put up with me continually texting you for a fucking up like that. My friend:)
     
    MGMSangTaco and kairo[OP] like this.
  12. May 27, 2021 at 11:06 AM
    Iwilltaco

    Iwilltaco Well-Known Member

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    @kairo’s guest house having a water with @not_nick
    Under development
    240 is not a line it wants to stay above
     
  13. May 27, 2021 at 11:06 AM
    Caboose117

    Caboose117 foul mouthed Marine

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    smashed this, broke that, covered it up with tape and paint
    I have 25 shares at 7ish each
    I’m happy right now
     
  14. May 27, 2021 at 11:07 AM
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    I want to know what he says to you now! hahaha. That would be terrible.
     
  15. May 27, 2021 at 11:08 AM
    kairo

    kairo [OP] >_>

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    Thanks for letting me know, Fidelity!

    upload_2021-5-27_11-7-57.jpg
     
  16. May 27, 2021 at 11:10 AM
    chigolf

    chigolf Well-Known Member

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    Cresco Labs

    DJIA: 34,418.98 +95.93 (0.28%) | NASDAQ: 13,744.697 +6.701 (0.05%) | S&P 500: 4,200.35 +4.36 (0.10%) —Markets close in 1 hr 51 mins


    CRLBF

    Loading...
    ) (FSE: 6CQ) ("Cresco Labs" or the "Company"), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced its financial results for the first quarter ended March 31, 2021. All financial information presented in this release is in U.S. GAAP and U.S. dollars, unless otherwise noted, and all comparisons to prior quarter and prior year are made on an as- converted basis under U.S. GAAP.

    First Quarter 2021 Financial Highlights

    -- Revenue of $178.4 million, an increase of 9.9% quarter-over-quarter and
    168.8% year-over-year

    -- Gross profit of $87.0 million, or 48.8% of revenue, an increase of 16.8%
    quarter-over-quarter and 268.9% year-over-year

    -- Adjusted EBITDA1 of $35.0 million, an increase of 16.5%
    quarter-over-quarter and 507.2% year-over-year

    -- Record net wholesale revenue of $95.6 million, an increase of 5.7%
    quarter-over-quarter and 150.8% year-over-year

    -- Record retail revenue of $82.8 million from 24 stores, an increase of
    15.2% quarter-over-quarter and 193.2% year-over-year

    Financial Outlook

    The Company is providing the following guidance:

    -- Annualized revenue run-rate of more than $1 billion by the end of 2021

    -- Gross profit margins in excess of 50% in the remaining three quarters of
    2021

    -- Adjusted EBITDA1 margin run-rate of at least 30% by the end of 2021

    up 6% today :confused:
     
    not_nick likes this.
  17. May 27, 2021 at 11:14 AM
    kairo

    kairo [OP] >_>

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    Are you happy, sad or confused that it's up 6%? If you're looking at post earnings with strong numbers and wondering why it only went up 6%...Well, welcome to 2020/2021. Been a lot of that going around lol
     
    Iwilltaco likes this.
  18. May 27, 2021 at 11:15 AM
    BudFriendguy

    BudFriendguy TRD BRGLR

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    $250.64 earlier?

    Turns out only checking the ticker a couple times a day is fun. Makes for nice little surprises when I do bother checking in...
     
    rmepilot likes this.
  19. May 27, 2021 at 11:15 AM
    MedlinAround

    MedlinAround Failure is the result of letting setbacks stop you

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    If AMC is going to peak as it is, there's no simple logic in my brain that says GME isn't going to do the same. Especially following the same patterns as AMC for 90% of the time from January until today. Hard for me to see GME not doing the same now.
     
  20. May 27, 2021 at 11:16 AM
    gpb

    gpb Well-Known Member

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    Heh... Nice.

    (woulda been Brain, Smooth Brain - but a true smooth brain doesn't know that!)
     

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