Last week I posted that I'd be putting together a FinTwit event in Miami over Columbus Day weekend (October 8th-10th).
I joked that we'd have fun whether it was 20 or 200 people.
Well, looks like it's going to be 500+ people so now the real planning begins.
I put together a temporary website this weekend which you can find at FinTwitMiami.com
I’ll have a better website up and running later this week.
I’m currently talking to 4 different hotels in Miami Beach in order to find the best deals for our group.
Hopefully I can negotiate some decent room rates as well as food/drink packages.
Here is the proposed schedule. As you can see, mornings are for learning, afternoons/evenings are for partying and having fun.
We’re going to have at least 16 awesome speakers, some of whom have already been confirmed. Once we have the final roster we’ll get all the names posted on the website. I promise you’re going to be impressed with the lineup.
We’re planning to have 10-15 sponsors at $5,000 each. There’s only one sponsorship tier so every sponsor gets the exact same amount of exposure and speaking opportunities at the event.
If you want to be a sponsor please DM me.
With regards to tickets I don’t have a price yet because it will depend on the costs/packages from the hotels.
I’m hoping to keep the tickets around $130/person with a virtual option as well. Tickets will probably go on sale next week once all the details/costs are finalized.
Purchasing a ticket means you will have access to all social & educational events plus meals (breakfast & lunch) which includes all the speakers, breakout sessions and panels as well as happy hours, pool parties and anything else we come up with.
I just want to reiterate that I’m doing this event pro bono, in order to bring the FinTwit community together for a wonderful weekend of learning and laughing.
100% of all revenues from tickets and sponsorships will go towards covering all event related expenses.
If you are planning to attend the FinTwit Miami event, please fill out this form so we have an approximate headcount and can keep you updated on any new details docs.google.com/forms/d/1_D570…
Let me be clear, I’m no event planning expert however I’m confident I can make this a really awesome weekend for everyone that attends.
I’m planning to be down in Miami for at least 3-4 days before the event starts just to make sure everything is organized the way we want it.
For many of us, including me, this will be the first time meeting anyone from the FinTwit community face-to-face.
To say that I’m excited would be a massive understatement.
FinTwit is taking over Miami for Columbus Day weekend and I hope you’ll join us.
I'm not even sure there's a property in Miami Beach big enough for us so I'm also going to speak with the @HardRockHolly in Hollywood, FL which has a casino and tons of dining/entertainment options plus plenty of rooms & event space plus amazing pools
I’ve seen a few people commenting on this post that some Dad posted about his 14 year old son having a job — figured I would chime in with my thoughts.
Spoiler alert:
I have no problem with a 14 year old working as long as it’s their decision and the employer follows the laws
I got my first job at a corner store & deli when I was 14 yrs old and the minimum wage was $4.75/hour.
My responsibilities included stocking shelves, checking in deliveries, sweeping/mopping, taking out the trash and working the cash register. Not fun stuff but it was a job.
I probably worked 10-15 hrs per week during the school year and 25-30 hours per week during the summer.
If anyone likes pullbacks to the 50d, you just got it with $CELH
This will be a great opportunity for some smart investors to come in and take advantage of the 25% pullback from the recent highs.
Tuesday was probably profit taking, yesterday was flat and today it's down 15% because of a stock offering but clearly most people are clueless about the details so let me help you.
5.5M shares are being sold by a few large insiders that have owned this stock for many years, they are just taking some profits like most of us do from time to time. On average they are selling 10% of their shares which means they are keeping the other 90% of their shares.
3 months ago I went into my local bike shop to buy a new bike — he said the next shipment was June so I put myself down for a Trek Verve since I already have one and like it.
I went there yesterday to see if my bike had arrived yet — he said they’re coming in around June 24th.
I asked if I could do orange instead of black — he said, sure but you’ll have to wait until late August for that shipment
I said, okay put me down for the orange too
I then asked just out of curiosity do you have anything nicer you could sell me today
He said, I have zero bikes to sell in any price range. In fact, most of my suppliers are telling me 15-18 months as the lead time on new orders.
With growth stocks starting to rebound and lots of short interest across the board I'm thinking we could see a few more short squeezes in the coming weeks.
I would never buy a stock on this basis alone but it's still something worth watching and tracking.
What are some companies with strong underlying stories, strong fundamentals and/or reasonable valuation with high short interest that you think could be setting up for a short squeeze?
I'll go first: $DMTK 🚀
I love this company and short interest appears to be around 30%.
In full disclosure, I own $DMTK equity and $DMTK call options.
I believe we're going to get several more big insurance announcements in the near future plus we get the launch of Luminate later this year and Carcinome in 2022.
I think everyone on Twitter knows that I love @CelsiusOfficial the product and $CELH the stock so I'm talking my book here but figured I would share some data that I'm seeing.
I've been running numbers for $CELH and I’m getting even more bullish…
Nielsen scan data for $CELH in Q1 was around 100% YoY and that’s exactly what they reported for US operations (101% YoY).
Nielsen data for April (Q2) was 200% YoY growth so we could be looking at an epic blowout report in August because analyst estimates are still just $53M.
$53M in Q2 would be 76.7% YoY growth from 2020 Q2
If $CELH did 200% YoY for US operations (I’m expecting +180% for Q2 in US) and US was 78% of total revs in 2021 Q1 then we could be looking at 140-150% YoY for $CELH — this is not priced into $CELH