drchelsea1

CRSR - Corsair - Broadening Ascending Wedge / BREAKOUT $50+

Long
drchelsea1 Updated   
NASDAQ:CRSR   Corsair Gaming, Inc.
0. Notes to follow;
Comment:
1. Currently at the bottom of the Wedge / Support at $38.50.

2. Stock should be "springing to life" shortly, and heading to re-test $50;

3. Updates after close;
Comment:
4. Look for Corsair to re-test top of WEDGE at $48.50;

5. If we break this, we need 5 percent confirmation above the line;

6. If we break AND HOLD, $52.50, we are off top the races;

7. $100 24 month price target.
Comment:
8. If we dip below the Support, $36.75 Looks like a STELLAR entry here as well;
Comment:
Short Squeeze

Corsair has some strong short interest, especially from $40 to the $50 range. Small float, high short interest, proven track record, only pure-play gaming stock. This could be the next GameStop. But a real company, real prospects.

Takeover Rumour

Lots of talk amongst the bigger fund managers about Corsair being bought by larger player, that wants more visibility in the gaming space.

Think AMD, or something with "nice synergies and design capabilities".
Comment:
Imagine a world of

1. Water Cooling Stuff;

2. GPU Design Heaven;

3. Custom GPU Design Heaven;

4. New AIB Board Partner for AMD?

5. AMD Visibility in the Gaming Space

Corsair makes everything gaming:

Chairs, Power Supplies, Keyboards, Mice, Peripherals, Head Sets, you name it. Great way to have a really strong marketing arm.

Corsair would be it.
Comment:
CORSAIR TAKEOVER RUMOUR

AMD to Buy Corsair?

Is AMD in talks to purchase Corsair? Who is? Gaming Synergies? Great Design? Chairs, Keyboards, PSUs, Head Sets, you name it gaming, all with AMD designs, and vice-versa. Water cooling, water blocks, CPU water blocks, you name it.

Corsair would make a great division.

AMD / XLNX / CRSR - Gaming Team Supreme!
Comment:
If AMD purchases Corsair, the price would be $60 to $75 a share, based on our calculations....
Comment:
A real quick $7.5 Billion dollar snack ;)
Comment:
Visuals by Impulse join Elgato under CORSAIR ownership to help content creators

www.dexerto.com/busi...-by-impulse-1514420/
Comment:
The cost of the acquisition has not been disclosed but it’s said that the platform will “join CORSAIR under its existing Elgato brand” to create a better package for creators.

Founded in 2015, Visuals by Impulse create digital assets, such as stream overlays and widgets, to help creators of all financial means and abilities improve their broadcasts.

CORSAIR already serve the creator economy through several means. This includes manufacturing and selling gaming equipment through their main brand, as well as creating streamer-specific products through Elgato.
Elgato Streaming Equipment
Elgato
Elgato is the go-to brand for streamers, and Visuals by Impulse adds to the dominance from CORSAIR in the sector.

It’s stated that Visuals by Impulse already serve over 200,000 creators in some way, acting as one of the industry’s go-to platforms for graphics, animations, and streaming tools. This acquisition bolsters Elgato’s ability to enable creators to get going and improve the experience for their viewers.

Read More: Why do esports organizations keep rebranding?

Dexerto spoke with Caleb Leigh, the founder of Visuals by Impulse, about the reasoning behind the decision to sell the company — including the timing of the sale and how it will change what they offer to customers.

“In order to create seamless product experiences, we wanted to closely work with a company who valued innovation as much as we did,” he told Dexerto. “We’ve spent a lot of time as a team thinking about how we can create a digital unboxing experience with our products, much like Apple does with their physical products. When you purchase a product through VBI, you shouldn’t be met with a bunch of demands to ‘download this’ or ‘do XYZ to customize.’ It should just work. We’re excited to reduce the friction in the setup process more than ever.

“We just came off our biggest year yet in terms of revenue, so we had a number of options available. For us, this was about better serving creators in a way we never have before. VBI will stand on the shoulders of hardware giants within the Corsair family. Most importantly, Elgato has a number of new products on the horizon that we’re excited to integrate into. I’m talking about creator tools that will forever change how content is created. The timing couldn’t be more right to join forces.”

Adjusting from being an independent outfit to operating within a corporate environment isn’t always plain sailing, but Leigh and his team are confident in the partner they’ve chosen to move ahead with. While there may be some internal changes, the team behind VBI and their offering will remain.

“With new opportunities come big changes,” he said. “Here are a few you can expect from VBI: heavy focus on Elgato integrations, increased R&D around interactive widgets and online tools, and bringing more opportunities to creatives across the globe than ever before. However, not everything is changing.

“We’re keeping our entire team intact, our focus on quality over quantity remains unwavering, and our mission stays the same. We’re committed as ever to providing professional design to all streamers — no matter the size of their audience. Beautiful, customizable live-stream design shouldn’t be exclusive to the pros, nor should it break your wallet.”

The design platform has worked directly with the likes of 100 Thieves’ Nadeshot and CouRage, NRG’s LuluLovely, and Jessica Blevins, the manager and wife of Ninja, to create branding and stream assets in the past. As well as Elgato and now Visuals by Impulse, CORSAIR owns custom gaming controller company SCUF Gaming and custom computer-building company ORIGIN PC
Comment:
Corsair has

1. Design Capability;

2. Products;

3. ORIGIN Gaming Platform!
Comment:
Tencent getting funds together to buy Corsair:

January 25 2021

linustechtips.com/to...ajor-gaming-company/

No way AMD will let this happen.
Comment:
CORSAIR BUY OUT COMING??

EagleTree to buy Corsair

www.reuters.com/arti...ir-lbo-idUSKBN19Y1WE

Francisco Partners to buy Corsair

www.eteknix.com/cors...-francisco-partners/
Comment:
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