Now is not the time to pay a premium for hot stocks
Playing Defense AND OffenseI’ve never liked the term risk management. You’re either taking a risk or you’re it’s not, so “managing” risk seems like an oxymoron for investors.Instead, I like to think about understanding and taking an appropriate amount of risk for the moment in time. Right now, I am avoiding some of the most hyped names in the market trading for 50x earnings and 10x sales and instead adding companies trading for low multiples who may not be as impacted if the market turns south.If everyone else is being greedy, I want to be fearful.And with the U.S. economy growing at a paltry 1.6% in the first quarter of 2024, inflation remaining at 2.8% in March, personal debt at an all-time high, and government deficits with no end in sight there are plenty of signs risk is rising as fas
⬆ $Matterport(MTTR)$ - A digital mapping firm gets a boost with an acquisition by a Real Estate firm, and a Rare Earth mining-focused firm rejects a buyout from a SPAC. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/mapping-new-territory?utm_source=tiger_community By subSPAC, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/subspac?utm_source=tiger_community On Matterport (MTTR):- https://www.smartkarma.com/entities/matterport-inc?utm_source=tiger_community
$Matterport, Inc.(MTTR)$ Unfortunately, many of us got in at a higher price when Josh Brown from CNBC was hyping it daily. I thought they had good long term prospects and were set to make a profit shortly with no debt. It’s nice to see the rise, but still a significant loss with this buyout.
$Matterport, Inc.(MTTR)$ well what i THINK it means is if u have, say, 100 shares of MTTR u will get $275.00 cash and $275.00 worth of costar stock. costar is now at about 80/sh i think so u would get about 3.something shares, right? i'm sure someone will corect me if im wrong, lol.
$Matterport, Inc.(MTTR)$cash and stock transaction valued at $5.50 per share, representing an equity value of approximately $2.1 billion and an enterprise value of approximately $1.6 billion based on the closing price for CoStar Group common stock on April 19, 2024. Under the terms and subject to the conditions of the agreement, which has been unanimously approved by Matterport’s Board of Directors,Matterport stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock.what it means by( stockholders will receive $2.75 in cash and $2.75 in shares of CoStar Group common stock for each share of Matterport common stock. ) ?
$Matterport, Inc.(MTTR)$ Yes if you have make some money today , then seal the deal, because it can drop and return to 2 bucks again as fast as it went up. … so like I did I sold at $4.73 after buying at 2.08 last month. So don’t be too greedy, if you have make a profit today. Seal the deal…
$Matterport, Inc.(MTTR)$ Agreed, Costar will apply MTTR's 3D technologies to multiple product categories, instantly making this wonderful technology available to millions of users, and creating a competitive advantage that is difficult to duplicate or surpass. Leaving competitors further behind.
$SoundHound AI Inc(SOUN)$$Matterport, Inc.(MTTR)$ was taken out by $CoStar(CSGP)$, nobody saw it coming, lots of major companies out there with zero exposure to ai knowing full well it's the future.SOUN is the leader in voice ai let that sink in for sec, you buy SOUN you get their leading tech to add to your portfolio which is much cheaper then starting from scratchsome of the big boys in AI could also just buy em out and add the tech portfolio to there existing technologies as well. voice AI can be used. with many many In dustries as wellcostar is all commercial real estate. related and they took out matter port,what about hospitals,
Matterport (NASDAQ:MTTR) is set to be acquired by CoStar Group in a $2.1B deal. Salesforce (NYSE:CRM) and Informatica (NYSE:INFA) takeover talks have stalled over pricing. And Grindr (NYSE:GRND) is facing major lawsuit in London over alleged data privacy breaches. Claim Now
Asymmetric Universe company $Matterport, Inc.(MTTR)$ got a huge buyout today.ImageFirst of all, the buyout price is shocking. Shares of Matterport closed at $1.74 on Friday and the buyout is for $5.50 per share ($2.75 in cash and $2.75 in CoStar stock).I’ve never seen a buyout at a 216% premium or a price chart that looks like this.Matterport Buyout DetailsHere’s what Matterport shareholders will get in the buyout:$2.75 per share in cash$2.75 per share in CoStar stockThe transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint.The transaction is expected to close this year and 15% of shares outstanding are already committed to voting for the deal.I don’t see any major regulatory roadblocks to
Matterport (NASDAQ:MTTR) set to be acquired by CoStar Group in $2.1B deal
Matterport (NASDAQ:MTTR) has announced a definitive agreement with CoStar Group (NASDAQ:CSGP), a leader in online real estate services. The deal, valued at approximately $2.1 billion in equity and $1.6 billion in enterprise value, involves a cash and stock transaction where CoStar will acquire all outstanding shares of Matterport for $5.50 each. Under the agreement, Matterport shareholders will receive $2.75 in cash and the equivalent of $2.75 in CoStar Group stock for each share they own. The acquisition is slated for completion within the year, pending approval from Matterport shareholders and the fulfillment of other customary closing conditions, including necessary regulatory approvals.
Learning from failure is the best way to improve as an investor
Failure to FrameworksI’m going to break this down into a few simple frameworks that inform my view on investing.Think In Decades — Like a Founder DoesOn Thursday, I told a story of how we explained REM5’s business model to prospective employees in an empty warehouse with nothing more than tape on the floor to signify where walls would go.This was foundational to my understanding of how founders and CEOs must look at their businesses and why founders are often behind 10x returns. It’s not enough to understand the financials, you have to think 5-10 years out about where the business is going.Vision and strategy is what makes the best founders and CEOs.Maybe a better way to put it is that financial metrics like return on invested capital (ROIC), revenue growth, margins, and free cash flow are
Matterport (NASDAQ:MTTR) hits 1M subscribers, leads 3D revolution
Matterport (NASDAQ:MTTR), a leading innovator in digital twin technology, has reached a significant milestone by surpassing one million active subscribers. This achievement highlights the company's substantial growth in the SaaS sector, underpinned by its strategic initiatives to make 3D capture technology widely accessible. Through offering affordable subscription tiers, enabling smartphone compatibility, and launching advanced capture devices like the Pro3 camera, Matterport has democratized 3D capture, leading to a remarkable 75x increase in subscriber count in just five years. This milestone not only reflects Matterport's solidified market leadership in 3D capture and digital twin technology but also marks a pivotal moment in its financial trajectory, setting the stage for the company
Option Movers | Tesla $170 Put Volume Surges; Micron Shows Bullish Sentiment
The Dow and S&P 500 edged lower on Monday (April 2nd) dragged down by investor worries over the timing of interest rate cuts by the Federal Reserve after stronger-than-expected manufacturing data pushed Treasury yields higher.Regarding the options market, a total volume of 33,517,648 contracts was traded on Monday.Top 10 Option VolumesTop 10:$TSLA(TSLA)$; $NVDA(NVDA)$; $AMD(AMD)$; $AAPL(AAPL)$; $MU(MU)$; $AMZN(AMZN)$; $PLTR(PLTR)$; $DJT(DJT)$;
1.MTTR $Matterport, Inc.(MTTR)$ Does Matterport have a sustainable technology advantage as smartphone cameras and 3D capture improve?If Matterport succeeds, it'll likely be because of artificial intelligence. how AI can be a 100x return on investment for customers and a 90% margin add-on for Matterport?2.DIS $Walt Disney(DIS)$ Disney's strategy is clear as day. It's aiming to be the must-have streaming service for kids, adults, and sports fans all under one roof. It's the new monoculture.3.GM $General Motors(GM)$ 1)What's the future of Cruise? 2)Is GM's software fixable?4. $NVIDIA Corp(NVDA)$ If NVDA continues its massive g
I own small positions in 6 stocks that could 10x in 10 years. If even ONE of these asymmetric stocks pays off with a 10x, it could drive my portfolio to market-beating returns. Here are the 6 stocks and why I like each.👇1. Portillo's $Portillo’s Inc.(PTLO)$ Fast-growing restaurant chain you probably haven't heard of if you live outside of the Chicago area.But this is a food CULT if I've ever seen one. One restaurant is doing $17 MILLION in revenue, or $47,000 every single day!2. Peloton $Peloton Interactive, Inc.(PTON)$ Unloved and misunderstood. Peloton used to be a bike company.Now it's a streaming fitness company.Yoga, boxing, strength, running, and more available for 1/5 the price of a gym membership.
1.ABNB $Airbnb, Inc.(ABNB)$ Up and to the right! What's not to like?Image2.MTTR $Matterport, Inc.(MTTR)$ I'm interviewing Matterport CEO RJ Pittman on Friday. What questions do you have about Matterport's business?Image3. $On Holding AG(ONON)$ Yesterday, I said ONON's sell-off after earnings was misguided because it wasn't really an earnings miss. It was an FX miss. Today, the stock is up 8.6% and shares are up 3% in the past week.4.CHPT $ChargePoint Holdings Inc.(CHPT)$ How does ChargePoint survive in a world of commoditized chargers?https://twitter.com/TravisHoium/status/1768030596012425475
Matterport, Inc., a spatial data company, focuses on digitization and datafication of the built world. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Smartphone Capture, a smartphone capture solution for both iOS and Android; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; and 360 Cameras. It also provides Matterport Axis, a motorized mount that can be used with the Matterport Capture app to capture 3D digital twins of any physical space with increased speed, precision, and consistency. It offers solutions for residential and commercial real estate, facilities management and retail, AEC, insurance and repair, and travel and hospitality. Matterport, Inc. is headquartered in Sunnyvale, California.
05-08
Quarterly Report
Form 10-Q - Quarterly report [Sections 13 or 15(d)]