I Choose You: Riding the Tegna Merger

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) Use the "SEARCH" bar to see if I've written about a topic you are interested in.	Get Updates to Your Email When I Create A New Post: Use the "Subscription" feature to receive free updates to your device.

Stop, collaborate, and listen because the Oracle is back with the same old mission. Good morning to you all out there and a very Happy Wednesday to ya. I wanted to quickly post about an investment that I've been writing about for quite some time. For a quick throwback, see these posts on Tegna (TGNA):

URBANOMICS: Tegna (TGNA) - I got the Hook Up Alert

URBANOMICS: Inflation | Stagflation | Recession - Either Way Here's How I'm Trading

URBANOMICS: How to Buy Week of 9/26 - Name that Stock Up 20% In 1 Week

When I first bought shares of Tegna (TGNA), it was thanks to a network of friends who help me spot solid investment opportunities. I call this group my Mansa Musa Network: people whose insight and instincts I trust.

One example is my friend Byron Allen. Years ago, I noticed how interested he was in acquiring this quiet, steady TV media company. At the time, Tegna traded around $12–14, and then Byron came in wanting to buy it for $20 or more. That move caught the attention of other investors, and soon a bidding war pushed the price up toward $24.

I won’t rehash the entire history, but I will close the chapter on what turned out to be a very solid investment. Looking back, it was a simple story: find value, be patient, and let the results play out.

Along the way, I sold about half my position but I held onto the shares I originally bought around $12. More recently, I added smaller positions and that brought my average purchase price to around $18.25. My goal was to trust my instinct that expected that this steady, quietly profitable broadcaster would eventually get bought out. If 5 titans in the investing world have been circling it in the last 4 or 5 years, a hook up is inevitable.

And that’s exactly what happened. As I’ve said before, a merger is a lot like a company getting married.

Tegna got chosen.

Fast‑forward to the merger deal finally closing at $22 per share, and my 2nd position in this stock turned into a nice win. A solid 20%+ return for simply being early, patient, and willing to sit through the noise.

What made this merger or hookup particularly fascinating was the roller‑coaster of headlines: regulatory delays, shifting buyer sentiment, and the usual swirl of speculation that comes with any media‑industry consolidation. Plenty of investors bailed during the uncertainty. But sometimes the simplest strategy, buying at a reasonable valuation and letting the process play out, ends up being the most rewarding. Don't believe me just read. I did a search for Tegna and added posts where I've written about this investment from the inception. I hope it helps you trade and more importantly understand the lesson of finding value and being patient -- in silly things like investments but more importantly within yourself.

I'm out, gotta start my day. Stay blessed.

We Be Huntin' Series - What is the Catalyst for the Catalent Inc (NYSE: CTLT) Trade

 

Hunting in Packs - Paul Singer -- Catalent (CTLT)

Investing is a lot like fishing or poker -- it takes patience and discipline. I've found that some of my best trades have come about because I did my research early, had conviction, and then entered the terms of my trade in hopes it would be filled when the market met my expectations -- NOT the other way.

My Mansa Musa network often helps to shape my thinking and when we execute trades together or hunt -- we often make money together in business, real estate, investing, etc. When I combine all these concepts or mentalities into one you get the Mansa Musa Mentality. Arguably the richest person in history, Mansa Musa, ruled over a large empire and put cities like Timbuktu on the map as they were known for their cities and libraries.

This posts is an example of how the #MansaMusaMentality work and how I use my extended network to invest. Almost like a case study, I'll highlight how these contacts guide me on investments such as buying real estate, stocks, precious metals, cryptocurrencies, etc. And I want to foster a community culture, so I'll show you how I learn from them and maybe in the future we can crowdsource or here we call it #tribesource investment ideas for the future.

"Detail" - A Breakdown of my Catalent (CTLT) Investment

Year: 2023

Throwback Link:  n/a

Research Timetable: July 2023

Research Details:

I read a really good article about Paul Singer, an investor, who is in my Mansa Musa network. Don't believe me just look him up in this 2021 article: URBANOMICS: Mansa Musa Mentality - Building Your Investment Empire

Paul Singer is a hunter, or should I say investor that comes across as shrewd and non-compromising. I started reading articles last year about how he was setting his sights on Catalent. They've had of issues going on:

• Declining business after the COVID-19 pandemic
• Senior Management leaving the company
• FDA notice about cleanliness issues at a facility (a notice or citation is when the regulators find a problem and in healthcare this is bad)
• Left at the Alter - Snubbed by the company Danaher, there was hook up here
• Delayed earnings reports (think about getting your annual checkup, but not wanting to tell anyone)
• Down 50% of their value in since 2022; down 65+% since 2021

I don't rock with Paul on a number of social issues but when he invests in companies to agitate and change things -- good things usually happen.

• Catalent caved and gave Paul's investment firm four board positions,
• Created a strategic review committee, which usually means they wanna hook up with someone (swipe right)
• They are the primary manufacturer of Novo Nordisk's weight loss drug, Wegovy, and could be a takeover target as companies want to consistent pipeline to deliver these blockbuster drugs

Huntin' In Packs Alert: In August 2023, I decided it was worth riding shotgun with Paul on this one.

The Setup:

Aug 2023: $40 

Feb 2024: 2 Trades at the following prices:

• $60
• $56.2691

How is it Performing: Well in February 2024, Novo Nordisk's holding company made an announcement they want to hook up with Catalent at a range of $16 Billion dollar value. So, I went shopping again and you can see the prices above.

All was well until April 2024 when the Federal Trade Commission and Novo Nordisk discussed initial hook up plans with Catalent. Novo pulled their filing to the FTC and subsequently refiled. Then in May 2024, the Federal Trade Commission requested more information on Novo Nordisk hook up plans, shortly after an application was filed.

I'm exhausted watching this soap opera but the stock has been steadily climbing from the low $50s and is now approaching $60. They buyout price would be around $65 if all goes well. I wish I would have done more research and identified how entangled Catalent was with other providers like Eli Lilly but at the end of the day, Lilly could have swiped right and tried to hook up with this company too. We'll see if CTLT is too important to be bought out when the FTC decides, so stay tuned. Right now, I'm up only slightly but it will be a nice win, in a short period of time if this hook up makes it to the alter.

We Be Huntin' - A Look Back at My El Pollo Loco Trade (NASDAQ: LOCO)

Hunting in Packs - Sam Biglari -- El Pollo Loco (LOCO)

Investing is a lot like fishing or poker -- it takes patience and discipline. I've found that some of my best trades have come about because I did my research early, had conviction, and then entered the terms of my trade in hopes it would be filled when the market met my expectations -- NOT the other way.

My Mansa Musa network often helps to shape my thinking and when we execute trades together or hunt -- we often make money together in business, real estate, investing, etc. When I combine all these concepts or mentalities into one you get the Mansa Musa Mentality. Arguably the richest person in history, Mansa Musa, ruled over a large empire and put cities like Timbuktu on the map as they were known for their cities and libraries.

This posts is an example of how the #MansaMusaMentality work and how I use my extended network to invest. Almost like a case study, I'll highlight how these contacts guide me on investments such as buying real estate, stocks, precious metals, cryptocurrencies, etc. And I want to foster a community culture, so I'll show you how I learn from them and maybe in the future we can crowdsource or here we call it #tribesource investment ideas for the future.

"Detail" - A Breakdown of my El Pollo Loco (LOCO) Investment

Year: 2023

Throwback Link: Link Back to El Pollo Loco 

Research Timetable: August 2023

Research Details:

I read a really good article about Sam Biglari, an investor, who is in my Mansa Musa network. He has been a major investor and had a significant impact over Steak 'n Shake. Now it's time to show my age. When I was growing up Steak 'n Shake was a cool place to take a date. It reigned supreme as a late-night spot with low expectations. This was two decades ago, but I felt like it had commonality with grease -- greasy meal with greasy floors. You had to walk carefully but as a youth it was all good because you and your date were only there for the "shakes". The shake never failed you. Fast forward, one of my employees was telling me they eat occasionally at Steak 'n Shake and even called it clean. My interest perked up because I had over the decades disowned the fast-food shop for exactly the opposite reasons. I got more intel and recently tried it with my young kids. In fact, it was clean, they now had a drive-thru, and the food was hot which is a step up from the off-the-assembly lines fast food chains.

The article I read back in August detailed how Sam made investments into the company years back which was in a dire situation. They turned a profit back in 2021 and shrewdly closed about 90 locations. Adding drive-thru gives them an opportunity for more volume as they become of a fast-food restaurant and reduces costs from less dining in.

Huntin' In Packs Alert: Sam's picked up a large stake in another restaurant chain El Pollo Loco. By buying an ownership stake around 9% of the entire restaurant chain ($33 million dollars) I decided it was worth riding shotgun with my guy Sam.

The Setup: Check the stock chart above back in August 2023. The stock was trading around $11 dollars a share. Now me, I remember was candy bars were .50c so I like value. If I don't see Reese's Cups selling for this level -- I pass. Same with my trades, I like to build a margin in by betting on the lower side of where a stock has been trading. I did my research (usually by analyzing the stock's movement in the last year) and set a price I'd like to get in around $8-9 dollars a share. I put the trade in my account in August and it hit in November. The stock dipped to $8.60 range and my trade hit!

Don't Believe Me Just Watch - This is what I said literally back in August:

Call me crazy, or should I say LOCO, but let's see how our trade does. I like LOCO around the $8 level and for I'll enjoy hunting with Sam.

#HuntinPacks - designates investments I made alongside someone in my network

#MansaMusaMentality

 

Let's Go Splunking - Splunk Inc (NASDAQ: SPLK)

I finally get to write about a stock in my line of work -- CYBERSECURITY! So awhile back, I was tracking the DMs of a few friends in my Mansa Musa Network. I don't recall which ones, but it may have been my guys from the A-Billi squad: Mario Gabelli (Gamco Investors) or Jeffrey Smith (Starboard). But long story short is SPLUNK had been underperforming in the stock world. In the regular world it's like the person that has been single for too long and is finally looking for someone to "Put a Ring on It". So, like the horrible reality TV shows of today, they announced they were looking to hook up in a very public way. I saw my buddies mentioning the value in SPLUNK, but I didn't pull the trigger early on. I was tardy and finally decided to pick up some shares ONLY when they finally announced they had found a partner. This partner was the deep pocketed company, called CISCO. They are well known for their enterprise networking and routing equipment. If you don't know what I'm talking about, it's the device most people attach to their home network for internet that allows you to have wireless or WIFI service.

Definitely do not quote me because it has been a while, but I believe the buyout price was set at $157.50. So, what I did was use a well-known trading strategy on wall street. You've heard me refer to it before at the arbitrage approach. This means if I have high confidence that the deal (or hook up) is going to get done, an investor like me can benefit from the "spread" or difference between the price of when the deal is announced and what the final buyout or hook up price is. The risk becomes IF the deal does not get done (if the bride is left at the altar), this situation becomes a train wreck. Is this possible? Yes, it is --- see my posts on Tegna. This deal was thought to be all but certain and then the FTC stepped in and said the deal was harmful for customers across the country. So, you saw a stock go from $17 to nearly $22+ and come all the way back down because the deal was under investigation and ultimately canceled.

Now back to SPLUNK. I wanted to show you all what corporate governance looks like and what ownership looks like from an investor's standpoint. I got an email telling me it's time to vote on whether I think the merger should occur. I've pasted that screenshot here. I hope and believe this means we are one step closer to closing the deal. This is a great example of how hookups can help your portfolio.

Hunting in Packs - Sam Biglari -- El Pollo Loco (LOCO)

I have had quite a busy year. I've not invested heavily this year because I was concerned about the increase in inflation and the impact to stocks. I think my thesis has generally been correct, but November is trying to upend this trend. What's important about November? Well, this past month aligns with the Federal Reserve signaling they will halt increases in interest rates. This usually bodes well for stocks. So, it may be time to slowly start reinvesting the funds I moved to boring old cash. But some smart money folks in my Mansa Musa Network still are calling for a recession in 2024 or 2025. So, I'll come back to this subject soon but for now I'm TRYING to be a bit cautious with my trades by being less active. The strange thing about investing is that it takes patience. Because I've been busy, I recently learned that a trade that I researched back in August 2023 just filled. How is this possible? Well, I use a strategy that will only execute a stock trade IF my terms are met. I hope this sounds familiar as I often write about navigating through life and trying to ensure that you do things the right way and on your own terms.

Now there is no need to babble any further about what the trade is the trade I found out was recently executed and I only realized it because it was sitting in my inbox "unread".

Hunting in Packs - Sam Biglari -- El Pollo Loco (LOCO)

I got a great hit in my feed about an investor, named Sam Biglari, who is in my Mansa Musa network. I've never hunted for stocks with him, but I've read about the brother as I learned he had a significant impact over Steak 'n Shake. Now Steak 'n Shake is never at the top of my radar and that could have been a reason why Sam made investments into the company years back which was in a dire situation. I heard they turned a profit back in 2021 and much is likely attributed to shrewd moves that led to roughly 90 locations closing. As I wrote this I wondered if Steak 'n Shake was a franchise operator and just learned he is moving to that model as well as turning them into more of a fast-food restaurant to reduce the labor costs of dining in (which is what they were known for).

Sam's name was on my radar back in August when I read he was picking up a large stake in another restaurant chain El Pollo Loco. They say it goes down in the DM, and in stock trading Sam is definitely interested in LOCO. I believe he picked up enough shares in the company that would put his ownership stake at just north of owning 9% of the entire restaurant chain (see what I did their with "stake"). Based on his track record and the fact that he's putting a $33 million dollar investment in, I'd like to nibble here at the stock and trade along. Do I just jump in --- hell no. Like Flo Rida and T-Pain once rapped you gotta go Low Low Low Low, I like to build a margin in by betting on the lower side of where a stock has been trading. I did my research (usually by analyzing the stock's movement in the last year) and set a price I'd like to get in.

Call me crazy, or should I say LOCO, but let's see how our trade does. I like LOCO around the $8 level and for I'll enjoy hunting with Sam.

#HuntinPacks - designates investments I made alongside someone in my network

#MansaMusaMentality

Why Sports Clubs are the New 'it' Investment

I'm not sure when I first invested in Manchester United but if you look back at my blog history it's most likely around 2016. It was a simple post about investing in an election year and go figure a Clinton and a Trump were running against each other. I may not have shared at the time, but I was investing alongside a good friend of mine from my MANSA MUSA network, billionaire Ron Baron (cue Lil Weezy - A Billi) Baron was yapping away in a CNBC interview and he laid out a very compelling thesis of the investment. I like simple and I like math and it was BOTH.

But let's rewind for a bit. For those of you that don't know what sport I'm talking about, I'm talking about original football. What we here in America call soccer but the world knows as the sport of football. Possibly where a single last name can be uttered and the ENTIRE world knows exactly who you are talking about: Pele, Lionel Messi, Diego Maradona, Critiano Ronaldo, Zinedine Zidane, Ronaldo, Ronaldinho, Andres Iniesta, Didier Drogba, Thierry Henry and the list goes on and on.

I don't remember the full talking points but it went something like this:

- The Los Angeles Dodgers at the time were worth something like $2 Billion dollars and we're talking baseball

- Machester United was worth less than that 

- The viewership for each game rivals the equivalent of a US Football Superbowl event

- Machester United is a top four club in the English Premier League so this was like getting shares in the Chicago Bulls (Jordan Years), Los Angeles Lakers, Boston Celtics, or Golden State Warriors (Curry Years) on discount! 

- In 2015/2016, he foresaw what we are experiencing today. The decline of cable means the Live Sports is a game changer for television viewership. 

Here were some of my previous posts:

: 2016 Post on Manchester United

2019 Post - Finding-value-in-Media-and-Sports-Stocks

In 2016, I was snapping up sharing at around $13/14 dollars a share. And the rumors continue to circulate that the Glazer family may sell this franchise and the sharks are lining up to buy. At over a mind boggling 7 Billion pounds, there is word a deal may be in sight. If I told you to be patient and wait a few years and your money would double --- could you do it? If I told you to avoid the flash and do the math --- would you really do it?

I purchase or hookup of this stock could enter it into my MansMusa Hall of Fame. Thanks to my guy Ron Baron for the simple advice and in this particular case a reminder of why sometimes we hunt in packs.

#MansaMusaHOF   - designates this stock pick was retired in my Hall of Fame

#ABilliSquad -  Billionaire investors from the Wall Street community that make up my squad. Ya Dig

#HuntinPacks - designates investments I made alongside someone in my network

#MansaMusaMentality

It Goes Down in the DM -- Activision Blizzard (NASDAQ:ATVI)

  

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

ACTIVISION BLIZZARD INC

Hello everyone, I hope you're enjoying a good summer. I've been laying low from the stock market as you guys have previously read. Some may say I've missed out on this year's rise in stocks and that is partially true. Many people don't know that the market has actually risen as a result of primary 7 stocks that have been very hot because of the latest buzzword AI - Artificial Intelligence. So if you've owned NVIDIA, MICROSOFT, META PLATFORMS (formerly FACEBOOK), APPLE, ALPHABET (aka GOOGLE), AMAZON, TESLA then you've done very well this year, however; all other stocks have just done BLAH. 

So I've opted for the slow and less risky approach while the government tries to still cool down what has been referred to as an overheating economy. As interest rates have gone up, I've focused more on taking advantage of those increased interest rates to collect 4 to 5% on the cash I'm sitting on in my retirement and personal bank accounts. I have stayed invested in investment account, but I've not been overly active. So what has worked for me:

I've continued to rely on my Mansa Musa network of friends. If you're not sure what this network is about, just run a search on my blog and get familiar with this approach. When there is uncertainty in the air, I believe in strength in numbers and invest with friends. Just over a year ago my 93-year-old buddy Warren Buffett started buying shares in Activision Blizzard. 

It Goes Down in the DM - Activision

I watched patiently after Microsoft slid into Activision DMs in January 2022 to the tune of $69 billion to hook up. As Buffett saw they were willing to 'put a ring on it', his company bought roughly 50 million. When we invest in companies hooking up, we hope they make it all the way to the alter. If you're a sports person, we hope the trade for the star player goes through. Two things subsequently happened that may me want to jump on board:

Back in May 2022, the stock market was falling and there was rumblings that these two were not going to make it to the alter. The trade might get cancelled. In the stock world, it's usually because US and international governments have to bless the deal to ensure it's not anticompetitive. This is like your parents blessing your marriage or the owners blessing the trade. This blessing was getting pushback in the US and UK. So there was VALUE as the stock dropped. What did I do, I decided to gamble with my Mansa Musa buddy Warren Buffet. I jumped in at the range of $69 - $75 a share.

I don't play poker but I and Warren Buffett were making a bet that the merger (aka hook up) would go through. If it did...if they made it to the alter the predetermined buyout price would be $95 a share. I like simplicity sometimes when I invest and I thought I was getting a discount on a great stock which I don't mind owning. The bonus or side bet is if this great stock gets the blessing to get married - then I get the guaranteed upside to $95 a share. In short Activision's stock should rise as long as Microsoft gets the blessing of it's parents (in the form of governments across the world). This got nasty like Real Housewives and went to court in the US, but the blessing finally happened. What happened to my simple thesis from over a year ago. 

Don't believe me, well go back look for yourself:

May 2022: First Post on Activision: https://urbanomics.blogspot.com/2022/05/the-stock-market-is-falling-will-i-be.html

July 2022: Second post: https://urbanomics.blogspot.com/2022/07/inflation-stagflation-recession-either.html

Where is Activision now:

Validity...Put In Work | Peloton Value Trade

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

Also Coming Soon - a series on #HowtoInvest. People have been reaching especially after the spikes in Gamestop, AMC, and other stock to learn the basics. I self-taught myself how to invest beginning at the age of roughly 18 and have never stopped. To be a good investor and ensure you are not gambling (speculating), I'll cover (hardest parts of investing in RED):

Budgeting 101 - How to Fund Ur Investments?

Why Stocks as an Investment?

What is Ur Investment Profile + Personality?

How to Pick Stocks?

When to Buy Stocks?

How to Enter My Trade?

How Many Stocks Should I Own?

When to Sell Stocks?

Am I Speculating (Gambling)?

Validity - Put that Work In

They wanna know what I gain by showing my people how to Invest, I say, "Validity"

They askin' "What work you put in young brotha?", I'm like, "What didn't we?"

For years now, I have spoken about playing the long game. I try to educate folks that being unbalanced, greedy, and thinking short-term thinking is screwing up the world. It's funny, corporations are measured on a quarterly basis (remember health check). This short-term focus on immediate financial gratification is why Peloton can be worth $150 dollars a share a year ago and now worth $20 - $30 dollars a share today. The economics didn't change, and I questioned the stock from the beginning with my inner circle, my Mansa Musa Network. I'm doing very well in life, and I wouldn't purchase a Peloton bike with yo money. I purchased a used Sole elliptical many years back and that machine is built to last. First lesson -- I purchased it used. Why? Because we all know around January and February, everyone set goals to get physically fit then a few months later human nature sets in, and many abandon those goals. Too many of us are scared to put that work in. Being a value investor, I come in and simply find someone selling and play let's make a deal. You're using it as a coat hanger, now I might too, but for one tenth of the cost you paid for it it's worth the risk. However, I'm going push myself to set goals, track them, and put that work in.

Short-term thinking is hurting people and the world as we are addicted to social media. I jumped off social media a few years ago because the feeling I got reminded me of gambling. I felt good when I got likes and you curate what you share only to get likes. I got nervous I didn't like enough people's stuff. Would someone be mad if I didn't like their photos? I'm busy, and people have liked my posts...I need to go and like theirs in return. I read young kids are scared to go on vacation and often hand their accounts over to friends to KEEP UP the likes on their pages. I see suicide rates hitting closer to home and as a world many of us are not happier inside. I remind you don't be short termed in your thinking, play the long game. Since the age of 18, I literally took a trip every year to view the work and enjoy life. That slowed for me only in the last few years. What changed, family dynamics but mainly COVID. I want to get back out there but for my family and my goals I'm playing the long game...to be here for a while, God willing.

A reminder to put that work in like we are doing here.

Work Hard - Do something that brings value, and someone will pay you for your services

Stretch your World - Explore books, the world, and be intellectually curious. Don't believe the hype on social media or just your block. 

Play the Long Game - Stay healthy, make long term investments in yourself and others

Believe in Something - To stay balanced you must believe in something...you will be tested. Are you ready

I've started off 2022, how 2021 ended and everything is clicking. My work is keeping me busy, my investments in real estate and stocks are performing well. I changed my business structure to an S Corp and now employ 3 full time people. I hope to add 3 more by the end of the year. I set goals and my mission is to know them the f&ck down. Why because I was just supposed to be an athlete, a statistic, and it's my job to change that view and uplift those who need my help.  Don't believe me...just watch.

Peloton Interactive Inc (PTON Update

Just about a week ago I said the following:

I think Peloton is starting to shape up the same way my Sprint trade did. This stock was once as high as $150 just a year ago. To me, Peloton is just a bike but the stock skyrocketed once it came public. It has fallen from grace to a low of $22 dollars. Like the winter olympics, you don't want a stock chart that is sloping downhill...not good.

Rumor has it companies may be sliding into their DM trying to hookup. I bought some Peloton today because it reminds me of whenever I find Reese's cups for $50c. Usually, it's a time to load up because I just don't see if often. With Peloton, I still struggle with the need for an overpriced exercise bike. I will probably need to interview some actual users to fully understand all the benefits, but I said the same thing about the Apple iPhone and many people are happy with paying for an overpriced phone. I think there is definitely a market for the "connected" use of the bike but clearly, I didn't agree with the price of the stock. I finally feel somewhat vindicated, now that the stock has cratered but it took a while to get here. Long story short, is I can see clearly now the rain is gone. And I think Pelton is worth some risk if Amazon, Apple or other suitors wanna hookup.

Here is where the stock traded in my last post:

Here is where they are trading a week later:

At a high of $39.62 just this week many of us would be up somewhere between $800-$1000 bucks only if you bought 100 shares. Then scale your business and goals. What if you bought more...you do the math? Don't be short term in your thinking...right now everyone is thinking about just a hustle a quick buck. Join our movement because it's built to last. Don't hype drug money and guns that are tearing communities down, focus on sustainable living, wealth creation, education, and leaving something for the next generation.

How to Buy Week of 9/26 - Name that Stock Up 20% In 1 Week

  

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

How To Buy - Week of 9/26

Pictured above is a stock chart of TEGNA (NYSE:TGNA). TGNA is a media company fka as Gannett. 

The old Gannett provided news media -- think newspapers, your local TV stations, etc. They split these operations up and you can still own the slower growth newpaper business (USA Today and it's still know as Gannett) and the TV news / media business is now know as Tegna.  

Still with me?  Great, well I own Tegna. Need a better description, every time you watch your local news station...and it says Channel 13 NBC News, let's just say I thank you and my bank account thanks you. I first got into Tegna after 4 separate investors were looking to hook up with TGNA back in 2020 (note: ultimately TGNA decided against getting married).  This was rough for the stock but I held because election years are great for news and media stocks and Trump, Biden, and the craziness of American politics did not fail. Trust but Verify, see this post:

September 2020 - This post was insight into WHEN and WHY I Bought Tegna:

https://urbanomics.blogspot.com/2020/09/how-being-risk-focused-allows-me-to.html

Last year, Tegna rebuffed it's suiters like a millennial who declines dating someone because they didn't tick off EVERYTHING on their dating wish list. So similar to a break up, Tegna was suffering from the rebound blues. The stock was trading very low for awhile but I knew if 4 companies wanted to slide into their DM, then it meant TGNA was attractive. And by telling us what they would pay for hook up...we found PRICE DISCOVERY. Most buyout offers were around $20. Remember these #traderfacts because they help me be the best trader I can be. 

Earlier this year, I sold 1/2 my position when TGNA reached the initial hook up price and I blogged about it. I've learned to never fully get out of my positions as I often miss out of additional good news later. I may have traded this stock the way it should be done. I held a big position, exited my first position taking my initial investment out and I'm guessing a 20% gain. Then let the rest RIDE!!  See the links below as I post to give you insight into real life trading...not some of this podcast bs that you can get rich over night.

April 2021 - This post was insight into WHEN and WHY I Sold Tegna:

https://urbanomics.blogspot.com/2021/04/when-to-sell-tegna-prism-gun-violence.html

Fast forward to this week: TGNA has SURGED nearly 20% this week and at first I wasn't sure why. Well it turns out therrrrrre BACK!!! My friends in my Mansa Musa Network are trying to slide into Tegna's DM once again. This time the price is higher to get married and I've seen $22 (Byron Allen + Ares Managment) and $23 (Apollo) from 2 suitors.

I recently learned that one of my consultants in my cyber business follows my blog and trades after reading and learning from my posts. I hope to make it easier for us to trade notes in a community that's just for us. I hope to move my subscriber alerts to my "Discord" channel so you can learn How and Why I buy and sell. I also hope to learn from you.

Tegna netted me roughly a 35% profit and that came in less than a year for the April 2021 trade and now we'll be at above 35-45% based on the new hookup prices I've discovered.

#getthebag      #howtobuy  #tegna

These R The Breaks: Joby Aviation | Semi Chips | Cryptocurrency Scarface

 

Investing In Yourself – Using Pillars to Build Your Core	https://urbanomics.blogspot.com/2015/04/urbanomics-pillars-path-set-for.html
Setting Budgets + Saving for Black Swans	https://urbanomics.blogspot.com/2013/02/personal-finance-budget-101-free-credit.html
	https://urbanomics.blogspot.com/2019/11/hey-henry-high-earner-not-yet-rich.html
How to Open My First Brokerage Account	https://urbanomics.blogspot.com/2015/04/personal-finance-101-starting.html
Diversify your Life (Mind, Body, Soul, + Investments) HOW TO SEARCH MY BLOG:	Get Updates to Your Email When I Create A New Post:

Also Coming Soon - a series on #HowtoInvest. People have been reaching especially after the spikes in Gamestop, AMC, and other stock to learn the basics. I self taught myself how to invest beginning at the age of roughly 18 and have never stopped. To be a good investor and ensure you are not gambling (speculating), I'll cover (hardest parts of investing in RED):

Budgeting 101 - How to Fund Ur Investments?

Why Stocks as an Investment?

What is Ur Investment Profile + Personality?

How to Pick Stocks?

When to Buy Stocks?

How to Enter My Trade?

How Many Stocks Should I Own?

When to Sell Stocks?

Am I Speculating (Gambling)?

Joby Aviation Update (Ticker Change from RTP to JOBY)

I recently wrote about my investment in Reinvest Technology Partners (RTP). Remember that example I gave you of how people pool money together to pay for things like a vacation. Well RTP did that and invested in Joby Aviation. Joby Aviation is now a public company (similar to when a teen becomes an adult or like the corporate version of having a baby) and trades under the ticker “JOBY”. Joby went public so you and I can invest in their stock through our brokerage accounts. It is much more difficult to invest in a company when it is private. 

I won't disclose how I stumbled onto Joby as this is for subscribers, but I was happy to see some of my old friends have invested in this stock. I may have to add Reid Hoffman (founder of LinkedIn) Marc Pincus (founder Zynga) to my Mansa Musa network under my A-Billi Squad. Yes both are billionaires and I was delighted to see they were leading a group of investors that pooled money to invest in Joby Aviation. (Tip: I was an avid listener to the podcast "Masters of Scale" and really appreciate Reid's guidance on how to scale businesses)

The Breaks: The lesson here is to determine who you are as an investor. I woke up this week to a headline "Joby surges on 1st Day of Trading". I smiled like Ice Cube and began humming "Today Was A Good Day". I thought about selling my shares and cashing in on a good day but this is not my trading style (however it may be yours). But these are the breaks: After the initial hype, Joby came down to earth and is now trading under $10 dollars. For a stock like this I like to play the long game and with Uber and Toyota also being big time investors I can't wait for air taxis to hit the mainstream. It may take awhile but "Meet The Jetsons" is coming. Joby make electric air taxis that take off vertically (cool). Pros: So not noisy, cool experience and potentially a traffic reducer. I have a small loss on this investment and that's okay because for high risk - high reward investments, I only maintain a small position (roughly 1-2%) in my portfolio. We call this risk allocation and I want to take smart risks.

Palantir

Palantir just reported earnings. Earning is like when humans get an health check, however; for a public company they usually report their health check 4x a year (or every quarter). Palantir happened to report their earning this week and the stock was up big. This investment continues to be a solid perform.

Trust but Verify:

• I first blogged about Palantir here: https://urbanomics.blogspot.com/2020/10/baby-on-board-roku-palantir-draftkings.html  (Note: PLTR was a new kid on the block and many didn't know that it first traded at $7 a share)
• I then reminded you about Palantir here: https://urbanomics.blogspot.com/2021/04/when-to-buy-playing-offense-side-hustle.html
• Then here: https://urbanomics.blogspot.com/2021/06/how-to-buy-june-17th-prism-invest-in.html

The Breaks: As you've heard me say in the past, while location matters... price matters even more. I've traded this stock 3 or 4 times  in the last year via options and it's been tremendously profitable. In my retirement account, I bought a bit high (around $28) and I'm taking a slight loss right how. I'm holding long term because they are the ultimate conspiracy theory investment. I joke people won't do the right thing, until their backs are against the wall. Take schools and mask mandates. Kids are being sent home in droves and FINALLY schools decide to reinstate mask mandates. Hmmm why stop something that's working. Because we don't want to feel like we have to live like the rest of the world --- reliant upon the reality that we need each other as a community to survive. I wear a mask for both me and you.

Palantir also reminds you of the realities of today. They store data for big government entities and promise military grade encryption in the cloud. Who could ask for anything more...except a Toyota. So they will grow as our need for data and surveillance increases by governments. Why because big brother is always watching 👀

 

Context Logic (WISH)

This is truly a speculation trade for me. I was listening to a momentum investor talk about the activity in this stock. WISH has been a great trade for me, a fling, not something I plan to hold for the long haul. But flings can hurt. 

Lesson: I try to avoid holding flings into earnings season (see definition above) because the combination of a volatile stock and not being in love with that stock can really hurt when they miss earnings (or fail a health check). I've been a tad bit distracted with a growing business and earnings just came out for WISH.

The Breaks: WISH reported horrible earning. But remember price matters. WISH suffered a drop in price of 20%, however; I'm not deep in the red because the loss from earnings was offset by the trading gains I locked in here:

So I will be trading out of this stock, because a good girl gone bad... thank you Jay Z.

Chips & Crypto: Intel, Micron, Coinbase, Circle

I might be called cryptocurrency's Scarface if I would have been an early investor in Coinbase like Nas and mad an estimated $100 Million. But I like value stocks --- stocks that trade for a discount. Remember my candy bar analogy...I only buy them when they trade for 50c. Well Intel and Micron have been on my VALUE radar. Both have been great trades for me. Intel is a value play because it's fallen from grace but still has the name recognition of an aging superstar in sports or Hollywood. Micron, is still a solid stock that seems to deliver. Both have fallen recently in the news and I plan to continue to trade around them (or date). This means, I don't think we have a long term future, like I do with Roku, but we'll be dating for the next year or so. Remember price matters, and I'm watching them closely to ensure my trades stays profitable.

Intel surprised me as it just disclosed they are investors in Coinbase, a crypto currency exchange. So as the value of COIN rises, Intel may have some growth potential that is tied to new generation technology that relies upon a massive amount of chips...too bad right the kings of chips are: Nvidia + Taiwan Semiconductor.

And last, I am an investor in Concord Acquisition Corp (CND). Like RTP and Joby, CND is raising a bunch of money to invest in Circle, a crypto currency exchange and competitor to Coinbase. This is a speculative trade but I'm hoping to be the next cryptocurrency Scarface...like Nas.

Sorry Not Sorry...Don't Mind Me I'm Living a Dream #getthebag