Since I'm not a professional event planner I just hired one to help me out.
Don't worry, this won't change any of the event costs or ticket prices -- she actually gets paid by the hotel as a "finders fee or commission" for bringing them our business.
After spending most of today on the phone, I'm less confident we'll be able to do this in Miami. Even if one of the nicer hotels has the available event space for us (and most don't), the room rates are $450+ per night at most places and nobody is doing discounts over 10%.
Even the Hard Rock in Hollywood said the best they could do is 150 rooms blocked off at a 10-15% discount and that's after paying a ton of money for the event space with food & beverage.
After talking with the event planner for the past 30 minutes we're going to keep looking in Miami but when we submit the RFPs on Wednesday we're going to include properties in Tampa, Charlotte, Nashville and Dallas.
I was excited to do this in Miami but my goal is bringing together as many people as possible. Even though many of us can afford $450+ per night at Fontainebleau I'm worried that it would eliminate a lot of great people who need to be more budget conscious.
Even though doing this event on the beach would have been amazing, I'm not sure it's worth paying twice as much for everything.
If I can figure out a way to do this event at a beachfront hotel then by all means that's what I'll do but I need to leave other options open.
I have a feeling that most people are coming for the speakers, networking and good times more than the beach.
I'm still waiting for calls back from Hard Rock in Tampa, Diplomat in Fort Lauderdale and Margaritaville in Hollywood Beach.
I'll send out an update in a few days once I know more but please don't book any plane tickets to Miami for Columbus Day weekend because I can't guarantee that's where we'll be.
If anyone knows of any great properties in some of the other cities I mentioned please let me know.
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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.