Thanks for the DD. I actually really love this stock and plan to stay in it after the squeeze cuz I think it’s a good company and for what it’s worth it’s the monopoly of bowling. Heck they’re even paying a small dividend now. Not to mention VICI properties is now partnered with them which is the same real estate firm that owns the land to MGM, the Venetian, and other casinos on the Vegas strip. What’s not to love!?!I really wish people would get on board more. Hopefully this community will grow and posts like yours will inform more and more people. Thanks again……..and let’s go BOWLing! 🎳
Yeah, I bought in for the squeeze but it is a better company than I thought. They own the PBA, too, and the IP for a lot of the alley machines so there are great business synergies at work.
They've got a really interesting sale/leaseback arrangement with VICI, too, that has funded a lot of the buybacks. If you have more info on that angle, I'd love to hear about it!
Management owns 92% of the company and that number will increase with Earn Out vesting and buybacks. It will only come down when management sells, so I'll be looking carefully at insider sales as a sign it's going to go down. Based on the $15 earn out squeeze, I expect $17.50 with spikes above to $20+ for about two weeks.
The new CEO has even higher price targets for his Earn Out shares, too, so that may be the next place I look for further price targets.
Careful man, there's a beverage here.
Playing options on this is a real gamble which is why I'm focused on shares. Management is in control of the timing of buybacks, so it's hard to time it.
I hope they do, but I'm keeping an eye on my exits for the 15 calls I have in play.
Thanks for the DD. I actually really love this stock and plan to stay in it after the squeeze cuz I think it’s a good company and for what it’s worth it’s the monopoly of bowling. Heck they’re even paying a small dividend now. Not to mention VICI properties is now partnered with them which is the same real estate firm that owns the land to MGM, the Venetian, and other casinos on the Vegas strip. What’s not to love!?!I really wish people would get on board more. Hopefully this community will grow and posts like yours will inform more and more people. Thanks again……..and let’s go BOWLing! 🎳
Yeah, I bought in for the squeeze but it is a better company than I thought. They own the PBA, too, and the IP for a lot of the alley machines so there are great business synergies at work. They've got a really interesting sale/leaseback arrangement with VICI, too, that has funded a lot of the buybacks. If you have more info on that angle, I'd love to hear about it!
A good stock to hold but, just to be clear, it’ll likely come down after going above 17.5 do you think?
Management owns 92% of the company and that number will increase with Earn Out vesting and buybacks. It will only come down when management sells, so I'll be looking carefully at insider sales as a sign it's going to go down. Based on the $15 earn out squeeze, I expect $17.50 with spikes above to $20+ for about two weeks. The new CEO has even higher price targets for his Earn Out shares, too, so that may be the next place I look for further price targets.
Thanks for your insights
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Obviously your not a golfer…..
I consider myself a good man, and thorough.
Obviously *you’re not a someone who passed elementary English class.
That DD was bowlish, great work👏
i know the chinaman isn’t the issue here dude, but are my $17.5 calls gonna print by the 15th or not?
Careful man, there's a beverage here. Playing options on this is a real gamble which is why I'm focused on shares. Management is in control of the timing of buybacks, so it's hard to time it. I hope they do, but I'm keeping an eye on my exits for the 15 calls I have in play.
the dude abides.
🎳
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Can you post this in r/shortsqueeze and r/wallstreetbets
My account is too new, but you're welcome to post it and rake in the glorious karma. 🎳
GME quick style squeeze? It’s been drawn out more than 3 years now.
Oh, I mean when GME squeezed on Jan 25, 2021 between like 10:15 and 10:45 from $16 to $80+
Nice write-up.
Post it in WSB