Out Fox The $treet

Update - Jan. 22, 2024 The BarStool Sports deal is very promising, especially considering the push to promote Rumble. The company didn't provide any financial details on the partnership and a large guaranteed payment could actually be a negative.  The stock remains interesting below $5.  Update - Jan. 11, 2024 Rumble continues to collapse this week likely due to Twitter/X announcing new shows only on X.  The stock is down to new lows below $4.  Original article posted on Dec. 5, 2023 Rumble Inc. user metrics remain tepid, leading to new lows for the online video sharing service. The company's massive spending on content creators has not resulted in significantly higher usage or revenues. Rumble is forecasting a path to break even in 2025, but the stock remains risky due to high cash burn and the inability to monetize users effectively. After  another quarter  of tepid user metrics,  Rumble Inc.  ( NASDAQ: RUM ) has fallen ...

  Twitter falls 7% after Elon Musk announces plans to terminate the acquisition of the social media company for $54.20. The company appears to have a rock-solid contract to force Mr. Musk to complete the deal or settle for a sum in excess of the $1 billion breakup fee. Based on a per mDAU value, Twitter has already lost 60% of their value since the covid peak last year. The stock has immediate 60% upside on the unlikely close of the deal, or a larger user base to support higher stock prices when the economy improves. Elon Musk attempting to terminate the  Twitter  ( NYSE: TWTR ) merger is no surprise. The unknown has always been any outcome of an attempt by the social media company to sue Musk. Either way, Twitter doesn't face a  'code red' event  as suggested by a prominent analyst. My  investment thesis  remains ultra-bullish on the stock following a likely dip, as traders exit a position with a hoped for outcome of $54.20 per share. Read the full ar...

  Musk continues to file complaints regarding the Twitter spam account issue causing fears the deal won't close at the agreed upon price. The company continues to fight back on the bot issue with the data suggesting the parties are talking about different issues. The stock has immediate 30% upside on the unlikely close of the deal, or a larger user base to support higher stock prices when the economy improves. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   As Elon Musk continues to complain about the bots on  Twitter  ( NYSE: TWTR ), the stock is at a crossroads. The deal offers 31% upside from here for shareholders holding out for the offer price, but Twitter likely faces  considerable downside on a deal termination. My  investment thesis  continues to remain Bullish on the stock long term after a correction on the deal cancelation, if investors don't make a quick gain on ...

Twitter reported a strong Q1'22 earnings report. The company has constantly grown users in the 15% to 20% range for years despite the opposite market view. The stock was not sold for a premium price and the deal being voted down could unlock more upside. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.     Learn More » The one major concern with  Twitter  ( NYSE: TWTR ) suddenly accepting the Elon Musk deal was fears over weak results. The company actually reported  solid Q1'22 numbers  with the growth most market pundits suggest  doesn't exist. My  investment thesis  remains Bullish on the social media company moving on from the deal in hand currently. Read the full article on Seeking Alpha.  Disclosure: Long TWTR. Please review the disclaimer page for more details.  Update - May 16 Take the $1B from Musk and run a better company....pretty simple. -With the odds of his $44 ...

Elon Musk offered to take Twitter private with a $54.20 offer. The company has a 20% annual growth plan apparently ignored by most in the market. The deal price doesn't offer a premium valuing the stock at less than just 6x well-documented 2023 revenue targets of $7.5 billion. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.   Learn More » In a somewhat surprise move, Elon Musk made a sudden unsolicited offer to acquire  Twitter  ( NYSE: TWTR ) only days after deciding to not join the Board of Directors. The market had a mixed reaction due  to the lowball price likely to be rejected by the company potentially leading to Musk selling his 9.2% stake. My  investment thesis  remains Bullish on the social media site as the offer continues to show the vast value here. Read the full article on Seeking Alpha.  Disclosure: Long TWTR. Please review the disclaimer page for more details.  Update - Apr....

  Elon Musk acquires more than 9% of Twitter. The company has long struggled with growing ad revenues inline with Facebook in part due to executives not actually using Twitter. The stock is cheap at 5x forward EV/S targets with the potential for the business to accelerate growth to match the influence of the social platform. The potential exists for Musk to buy the stock at a higher price, but that isn't the base case here. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » The biggest news of the day was Elon Musk  acquiring 9.2%  of the struggling social media site. The news that Musk apparently wants to take a crack at improving  Twitter  ( NYSE: TWTR ) is an encouraging move considering the  fears of him starting a competing platform in the lines of  Truth Social  ( DWAC ) being built by Trump. My  investment thesis  remains very Bullish on the stock despite th...

  Twitter CEO and Co-Founder Jack Dorsey steps down immediately replaced by the relatively unknown current CTO. The social media company is on the cusp of game-changing subscription services and could use a focused CEO. The stock is a buy trading at less than 6x forward EV/S, but the CEO change is no guarantee of immediate success. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » The big market moving news of the day was that  Twitter  ( TWTR ) CEO Jack Dorsey  stepped down immediately . The stock is now down on the day, as the market probably wanted an external candidate or an outright sell of the business for a quick gain. My  investment thesis  remains Bullish on the stock looking for focused leadership to build out the subscription business to accelerate growth. Read the full article on Seeking Alpha.  Disclosure: Long TWTR. Please review the disclaimer page for more detai...

  Twitter finally launched the Blue subscription service in the U.S. The company is building a suite of subscription services that now include Super Followers and Ticketed Spaces. The stock is cheap with subscription services leading to the company beating 2023 revenue targets of $7.5 billion. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » While Twitter ( TWTR ) investors are probably blue over the recent stock action, the full launch of the Twitter Blue service is a big step forward for the business. The social media player moving beyond a digital ad business into subscriptions provides a substantial boost to the market valuation. My  investment thesis  remains very bullish on the stock after this dip back to the low $50s. Read the full article on Seeking Alpha.  Disclosure: Long TWTR. Please review the disclaimer page for more details.  Update - Nov. 22 Appears Twitter is headed to ...

  Twitter disappointed the market with Q1 mDAUs and revenues. The social media platform comped tough pulled forward numbers while remaining on target for long-term goals. The stock is now cheap trading far below EV/S multiples of peers. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » After really strong user growth due to virus lockdowns last year,  Twitter  ( TWTR ) faces some tough comps this year. The stock is falling due to an overreaction to solid mDAU growth in Q1 that  missed analyst targets . My  investment thesis  remains very bullish on Twitter, especially on a major dip. Read the full article on Seeking Alpha.  Disclosure: Long TWTR. Please review the disclaimer page for more details.  Update July 22 Big Q2 numbers from $ TWTR . The company has now consistently grown users changing the investment thesis. -Q2 Non-GAAP EPS of $0.20 beats by $0.13 -Revenue of $1....

Article originally published to Out Fox members back on Oct. 5.  Aphria is a cheap Canadian cannabis stock up $1 since this call. Twitter remains favorite social media play. Sample research from  Out Fox The Street : Aphria ( OTC:APHA ) For a long time, Aphria was been a favorite amongst the Canadian cannabis LPs due to a cheaper valuation and stronger execution. Back on Sept. 24, the stock was  highlighted  as a better Canadian cannabis pick than  Aurora Cannabis  ( OTC:ACB ) when Aphria traded at $4.31. Aphria has gotten a big boost today with Cantor Fitzgerald hiking the price target by C$2.50 to C$15.50. The amount equates to $11.68 for a stock trading at only $4.41 before the market opened today. Some key points of the bullish call for the quarter ending August: Canadian Rec. revenue to grow 37% QoQ. Canadian Rec. EBITDA margins to top 20%. FQ1'20 revenues of C$171M. FQ1'20 EBITDA of C$16.3M. A big key to the quarterly results is the expectation o...