GhoneCapital

@jbulltard1 @RemindMe_OfThis in 1 year

@DeepValueBagger Oh man, sorry to hear that.

@GhostCapitalBoo I miss out on 400k gain now time i trimmed

Just to show you I am human. I trimmed half of my $INTC at that arrow. I'm short of 400K on the run up. I seriously thought $100 was a psychological barrier. Wrong.

@MattJMcClintock Management sounds so white bread. These guys used to be cowboys and they raided the industry. Now this CFO won't even do a proper buyback with a tanked stock price (shares # actually increase this year) and pro marketing will be improved NEXT YEAR? Wtf. Losers

$FND 1Q26 Immediate Call Postmortem Not much management can do here other than eat the fact that they didn’t kitchen sink guidance with a new CEO. The Brad era isn’t starting off too well and we didn’t even get Tom to step in the call today and remind us he is still somewhat involved as Chairman. A $400 million share repurchase program for a high growth retailer that is supposed to be “ next $COST ” isn’t necessarily a great signal TBH. Gutman was all over the repurchase in Q&A and the spin is they “are fortunate” to have excess cash despite funding expansion and even “M&A”. 2Q comps running down 4.5%. That’s worse than the 1Q exit rate of down 4% in March but better than the 6.9% decline in Feb. They hinted at weather driven for that month but also mentioned “broader softening demand”. Stupidly they only called out the difficult 2Q to date compare in late Q&A (April was one of strongest months last year). Introduced “value driven” offerings in vinyl flooring. This plus other “refinements” in pricing have “encouraging” results with positive elasticity. Like I mentioned last quarter – sounds like the wheels are falling off on the long stated theme that they are seeing no “trading down”. They expect the vinyl category to remain under pressure for rest of year. Later said “a portion of our consumers started to trend down to lower quality spec”. They are amazed at how well the better (good/better/best) part of their business has held up – only seem to see value trends in vinyl. The commercial business reflects “ongoing” difficult conditions as results were weaker than they expected. Isn’t commercial the main reason why Brad is the CEO today? Really makes me think they should have sandbagged the retail business (which is already harder to forecast to begin with) in a bigger way so that nothing in commercial missed expectations and at least Brad could have a halfway decent first impression start for his credibility. Nobody really expects him to be a retail expert but since he keeps pumping commercial M&A he needs to shine a lot better in that area. As much as Brad wants to tell us “believe me, its only a matter of time” in terms of leading indicators for the commercial business, he almost certainly set himself up terribly. Brian blamed the Iran war (“unexpected event following the quarter”) as the reason why they lowered guidance. You have to be kidding me – that certainly didn’t impact 1Q. I can’t recall anything about them having either sourcing or shipping issues from that region. Very much wonder if they are eating any of the higher energy costs that have resulted from that (probably some gas surcharges for sure) – the answer to Sigman’s question said the higher energy is “embedded” but the answer sounded more like word games and nothing definitive. Fadem was all over the transportation contracts in later Q&A – nice work. Seeing a modest impact today on domestic side – ocean freight is 6-8 months ahead. Today have minimal exposure on PVC product but “working with vendors” (feels like we have heard that phrase consistently from everybody for this entire decade). Lasser (of course) asks the most important question about market share – reality is this is a cyclical business and if they are still taking share who really cares that much about the shortfall. They “don’t think they are losing share in a meaningful way” – not sure that’s what Brad wanted to say with that sentence. However, they think they are taking share in laminate in a meaningful way (value pricing probably helps, LOL). Lasser had a banger of a follow up question because the big question is always in slow times, why lower price because anybody shopping is almost always shopping from need and therefore less price sensitive (Gary Friedman at $RH tried this for a few years but reality is sometimes the industry catches up with you). Benedict takes us home in final question with the necessary “minimum amount of cash” required for the business now they are doing a share repurchase. Might be first time anyone has ever asked them that. They think about it in terms of liquidity – that’s easily around $500 million which is a combination of cash and ABL. “Will not be using debt to fund this”. Ugh – Brian probably should know that an ABL is debt…maybe he went to the Gary Friedman School of Finance (“debt is nothing more than a currency swap”). *These are our unabridged quick thoughts and notes from the call. We get them out as soon as possible after the call ends. Management has given some topics to dig deeper into and will circle back afterwards with much more in depth work on what was mentioned. You can find that work (and more on Floor & Decor and other retail/consumer research) at the website link in our profile or in the first reply.

@bubbleboi @Bloomberg Hey man, I saw you this morning on CNBC. You did a great job. Also it was fun catching up at the White House correspondents' dinner last weekend. All the best!

Will be going on @Bloomberg news at 7:00 PM EST to talk about Semis, Intel, and how regular electrical engineers are making millions in this bull market.

@TimurNegru Years later, Rome leveled Carthage (Hannibal's home country) to the ground and plowed it over. This was as revenge for what happened. Rome eliminated everything, Hannibal committed suicide. Don't mess with Rome.

3.2 acres of Umbrian olive grove, in a hillside village whose castle was built as a Roman outpost during the war with Hannibal. €269k ($314k). Agello sits midway between Perugia and Lake Trasimeno, where in 217 BC Hannibal destroyed a Roman army of 25,000 men in three hours. Historians have called it the largest ambush in military history. The property: a single-storey villa, 2 bedrooms, an outbuilding with a wood-fired oven, and 1.3 hectares of olive grove and garden. Potential to expand the house and add a pool. 20 minutes from Perugia, 10 minutes from the lake and 2.5 hours from Rome. Not the largest but it has everything one might need imo.

Everybody keeps asking me “oh bUbBlE wHaTs Da nExT iNtEL?!?” It’s Intel. Just keep buying it.

$INTC BACK THEN THEY DIN WANT ME NOW IM HOT HOES ALL ON ME AINT THAT RIGHT @SRASGON AINT THAT RIGHT @LIPBUTAN1 WRITE MY SHIT OUT TO $200+ THANKS LETS GET THIS CRACKIN (HASN’T EVEN STARTED) LET ME GET THIS STRAIGHT. $122B FOUNDRY REV $TSM $300M FOUNDRY REV $INTC MOON MY FUCKING SHIT DONALD JOHN THANK YOU YOU RIZZYWORLDWIDE.COM + RIZZYWORLDWIDE.NET

@sethjlevy Unfollowed yesterday.

I’m about to mute this guy.

Just fyi this is the exact reason for $intc downfall

Tesla CEO Elon Musk said Tesla plans to use Intel’s $INTC 14A process for its large-scale “Terafab,” calling it the right move as the node matures. He wants memory, logic, masks, and packaging under one roof for faster chip iteration.

*TESLA CEO MUSK SAYS PLANNING TO USE INTEL'S 14A PROCESS #TSLA • #INTC

There will be one working stonemason in this town. He will be 55 years old, work 2 hours per week, and by the way, his cousin is the Mayor. They will extort you for hundreds of thousands of euros to do anything to the property. Permits will take months. Every person in town will have an opinion on what you should do with the property and nobody will like your ideas. They will pretend not to speak English. They will pretend you aren't speaking Italian. Eventually you will get it up to code and try to put it on Airbnb. The first rental group will shit in the hot tub. The local monsignor will insist on re-consecrating a chapel. If you say no, there will be community push back from women old enough to have babysat Mussolini. You will cave. "The chapel can host destination weddings," you think. The local monsignor will insist on performing all of them (for a fee) and he will busy every weekend in the summer. Eventually a Hollywood producer will contact you about filming a pilot there. It will turn out to be a scam run by a Czech pornographer. Your 3rd result in google will be nsfw. Bookings will double but the town council now thinks you are running an unlicensed brothel from their historic monastery. The monsignor will call the mayor. You will pretend not to speak Italian.

@jbulltard1 You made 1.7mm?

I like the guys trolling me for saying I wasn't interested in amazon anymore and $AMZN proceeds to go up 20% since while I literally go all in $INTC with a massive risk reversal and intel goes up 70% in the same timeframe lol. You guys got me!

@garquake I'll check it out. Thanks man and continue enjoying.

@GhostCapitalBoo it's brand new club called Ocean - we upgraded to privilege class and well worth for way less folks and several private area and restaurant's - been most excellent so far- only day 1 thou

Pretty cool rooftop area to hang - great views unrestricted sunshine and sunsets - infinity pool and well stocked bar with fav tequila and mezcal- they have a lazy river and water surf area looks fun to try out

@jukan05 Q4 2030!

@TimurNegru What's the heating system? Estimated cost for heating? And how old is the roof?

I thought that nothing could surprise me when it comes to Italian properties but I gotta say this one did. A manor house built in 1700, 14 bedrooms across 4 floors, 1,100m² (11,840 sq ft) of living space. The main hall has vaulted ceilings that you mostly see in churches, a grand staircase, fireplaces, original tiles and parquet, and an attic floor. Also included: a park and two additional outbuildings on the same 1-hectare (2.47 acres) grounds. It needs renovation and the asking price is €500k ($589k). Interesting location too: Alseno (Emilia-Romagna), ~40 minutes from Parma and ~1.5 hrs from Milan on the A1. For those who don't know, Parma is where prosciutto and parmigiano reggiano come from (not a bad neighbour to have). What would you do with three buildings and a park in the Italian countryside?

@Intellionaire @BramVGenechten Wicked burn!

@BramVGenechten Why would anyone buy $TSM for $2Tn when you can buy $INTC for $300Bn! ;)

Why would one buy $NVDA at $4T when you can buy $TSM < $2T

@SteveUrkelDude As @David_Tracey says, the market won't fall twice on the same news.

What does that tell you?

@Amena__Bakr America has been winning since 1776! Nothing but net!

The we win no matter what situation…