I've been watching this stock for almost a year.
Today, it stood out on a scan I performed.
Looking at the Daily chart, the stock is ready to blast off!
The Weekly chart looks good too.
On the Weekly, the stock is right above resistance. MACD is BULLISH. RSI is just above 50 (mid line) BULLISH and Stochastic is BULLISH
Every indicator on the Daily chart looks BULLISH
The stock price is just above the cloud and earnings are due on the 7th.
I also heard another rumor, but I am not playing that rumor unless it happens before or after my position into earnings.
Hostess is a decades old brand dating back to 1919
The brand isn't going away. If anything, it will be bought out.
POSITION: 25,000 SHARES
PRICE: $14.27
Today, it stood out on a scan I performed.
Looking at the Daily chart, the stock is ready to blast off!
The Weekly chart looks good too.
On the Weekly, the stock is right above resistance. MACD is BULLISH. RSI is just above 50 (mid line) BULLISH and Stochastic is BULLISH
Every indicator on the Daily chart looks BULLISH
The stock price is just above the cloud and earnings are due on the 7th.
I also heard another rumor, but I am not playing that rumor unless it happens before or after my position into earnings.
Hostess is a decades old brand dating back to 1919
The brand isn't going away. If anything, it will be bought out.
POSITION: 25,000 SHARES
PRICE: $14.27
Trade active:
NEWS
Hostess Brands Director Steeneck Buys 13,000 @ Avg Price: $14.09 -Form4
MARCH 2018
Hostess Brands Director Steeneck Buys 13,000 @ Avg Price: $14.09 -Form4
MARCH 2018
Trade active:
NEWS
Hostess Brands Inc (NASDAQ: TWNK) stock is a great play on marijuana legalization in the U.S. because it, unlike many other snack makers like Mondolez International Inc (NASDAQ:MDLZ), The Hershey Company (NYSE:HSY) and The Kraft Heinz Company (NASDAQ:KHC) , sells the lion’s share of its products in the country.
And it turns out that the idea that people experience “the munchies” after smoking pot is not a rumor or an old-wives tale. In fact, researchers from Yale University found that neurons in the brain which usually suppress appetite make people extremely hungry when they smoke pot. And the phenomenon occurs even when pot smokers are full, the researchers found.
Moreover, according to CNN, “marijuana munchies” refers to “the desire for salty, sweet, or fatty carbohydrates rich foods.” Hostess Brands specializes in selling ” fresh sweet baked goods,”with an emphasis on “coffee cakes, cinnamon rolls, honey buns, brownies, bread and buns, jumbo muffins, and eclairs.” so it certainly can cater very well to the pot smokers who love “sweet” and carbohydrates rich foods” when they have “munchies.”
Hostess also already has a solid, profitable business, as it expects to generate adjusted EBITDA of $220 million-$230 million and EPS of 65-70 cents this year. Hostess stock is also down about 15% this year, and it’s trading at reasonable valuations, with a forward price to earnings ratio of 15.7 and an enterprise value of $2.16 billion. Going forward, Hostess could easily become a takeover target for a large, multinational foreign food company that is looking to penetrate the U.S. market and exploit our pot legalization trend.
JULY 2018
Hostess Brands Inc (NASDAQ: TWNK) stock is a great play on marijuana legalization in the U.S. because it, unlike many other snack makers like Mondolez International Inc (NASDAQ:MDLZ), The Hershey Company (NYSE:HSY) and The Kraft Heinz Company (NASDAQ:KHC) , sells the lion’s share of its products in the country.
And it turns out that the idea that people experience “the munchies” after smoking pot is not a rumor or an old-wives tale. In fact, researchers from Yale University found that neurons in the brain which usually suppress appetite make people extremely hungry when they smoke pot. And the phenomenon occurs even when pot smokers are full, the researchers found.
Moreover, according to CNN, “marijuana munchies” refers to “the desire for salty, sweet, or fatty carbohydrates rich foods.” Hostess Brands specializes in selling ” fresh sweet baked goods,”with an emphasis on “coffee cakes, cinnamon rolls, honey buns, brownies, bread and buns, jumbo muffins, and eclairs.” so it certainly can cater very well to the pot smokers who love “sweet” and carbohydrates rich foods” when they have “munchies.”
Hostess also already has a solid, profitable business, as it expects to generate adjusted EBITDA of $220 million-$230 million and EPS of 65-70 cents this year. Hostess stock is also down about 15% this year, and it’s trading at reasonable valuations, with a forward price to earnings ratio of 15.7 and an enterprise value of $2.16 billion. Going forward, Hostess could easily become a takeover target for a large, multinational foreign food company that is looking to penetrate the U.S. market and exploit our pot legalization trend.
JULY 2018
Trade active:
ADDING 10,000 SHARES @ $14.28
I think something good is coming!
LONG
I think something good is coming!
LONG
Trade active:
ADDING 10000 SHARES @ $14.14
Trade active:
ADDED ANOTHER 5,000 SHARES AT THE CLOSE
PURCHASE PRICE: $14.11
LONG 50,000 SHARES
PURCHASE PRICE: $14.11
LONG 50,000 SHARES
Trade active:
FYI to everyone following me with this trade..
I just went back and checked the charts, I will be playing the earnings and whatever else is announced.
Daily Chart is still above the cloud.
Weekly chart , the stock closed right at the support line.
Monthly, aside from MACD, every indicator I see looks BULLISH
So...let us see how this trade plays out.
Best of Luck Everyone!
I just went back and checked the charts, I will be playing the earnings and whatever else is announced.
Daily Chart is still above the cloud.
Weekly chart , the stock closed right at the support line.
Monthly, aside from MACD, every indicator I see looks BULLISH
So...let us see how this trade plays out.
Best of Luck Everyone!
Trade active:
GREAT ARTICLE ON THE TURNAROUND OF HOSTESS... A MUST READ!
www.washingtonp...worth-billions/?utm_term=....
www.washingtonp...worth-billions/?utm_term=....
Trade active:
LAST QTR EARNINGS... DID EVERYONE FORGET HOW GOOD THE COMPANY DID?
HERE YOU GO!
www.bakeryandsnacks....of-Cloverhill-bakery
HERE YOU GO!
www.bakeryandsnacks....of-Cloverhill-bakery
Trade active:
ADDING 10,000 SHARES @ $13.98
THIS is GREAT!!
THIS is GREAT!!
Trade active:
SOLD 55,000 SHARES 30 MINUTES BEFORE THE CLOSE
Stock traded over 1 million shares.
Someone inside Hostess leaked the numbers to Wall Street
PRICE: $13.95
LOSS: -$13,050
OH WELL...It could have been worse!
Let's move on!
Stock traded over 1 million shares.
Someone inside Hostess leaked the numbers to Wall Street
PRICE: $13.95
LOSS: -$13,050
OH WELL...It could have been worse!
Let's move on!
Trade active:
SOLD 5000 SHARES AT THE CLOSE
PRICE: $13.98
POSITION LIQUIDATED
MOVING ON!
ABSOLUTE LET DOWN BY THE COMPANY
THIS IS WHY I USUALLY DO NOT PLAY THE EARNINGS MOVE!
PRICE: $13.98
POSITION LIQUIDATED
MOVING ON!
ABSOLUTE LET DOWN BY THE COMPANY
THIS IS WHY I USUALLY DO NOT PLAY THE EARNINGS MOVE!
I saw this coming days before as I watched the selling, market makers would lift the shares, and boom, sell them off again, and again, and again.
I gave Hostess the benefit of the doubt and in turn, the company screwed investors by leaking earnings.
After reading the last earnings report I posted a link to above, there is no other argument, the Hostess CEO / Executives lied to investors as they pumped up the positive news which ended up being negative today.
So my trade in Gray (GTN) today was essentially an almost wash with this loss.
Hostess was my only recorded loss since joining this service. NOT BAD!
I'm furious at Hostess Executives for leaking NEGATIVE earnings 2 days ago!
Folks, this is a tremendous learning experience for you.
I will put this trade behind me and keep making money as shown / proven with every post / trade I've posted and made money on herein.
Best of luck to everyone with your future trades.