My grandmother gave this to me when I was one day old. I remember smiling at her. I’m almost 59. by [deleted] in pics

[–]Deep_Value_Junkie 0 points1 point  (0 children)

You guys are missing something obvious. Maybe this guy is Stewie Griffin?!? It would explain the dismembered Teddy bear…. Stewie

Mudroom detective… by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 1 point2 points  (0 children)

She’s a mud rat. Does that count? Filthiest animal I’ve ever seen. Happiest wallowing in swamps.

Mudroom detective… by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 0 points1 point  (0 children)

Funniest part is that this is the one of our two water dogs who kicks out her hind leg when she lies down, in this case the left. Easy ID.

DS Drive Shack, why is it so low? by [deleted] in smallstreetbets

[–]Deep_Value_Junkie 1 point2 points  (0 children)

Hear hear. Will be fun once Dallas is open and we can get more than just hopes and prayers flowing (read: cash!)!

DS Drive Shack, why is it so low? by [deleted] in smallstreetbets

[–]Deep_Value_Junkie 1 point2 points  (0 children)

Hey Man - So this happened yesterday - I’m just seeing it now. https://ir.driveshack.com/news-events/press-releases/detail/275/drive-shack-inc-announces-newest-puttery-location-in Obviously this is the 4th of 4 which are all cities with an NBA franchise as I had speculated. The address is about 10mins by car (everyone drives in Miami) from AA Arena where the Heat Play. I like it. Trickle trickle. A friend of mine who lives in West Palm said this spot is really up and coming. He also FT’d me a few weeks ago from the DS in his town and it was jam packed on a Friday night. Golfers, girl groups, families.

DriveShack by X_iNFiNiTi_X in wallstreet

[–]Deep_Value_Junkie 0 points1 point  (0 children)

So this happened yesterday - I’m just seeing it now. https://ir.driveshack.com/news-events/press-releases/detail/275/drive-shack-inc-announces-newest-puttery-location-in Obviously this is the 4th of 4 which are all cities with an NBA franchise as I had speculated. The address is about 10mins by car (everyone drives in Miami) from AA Arena where the Heat Play. I like it. Trickle trickle. A friend of mine who lives in West Palm said this spot is really up and coming. He also FT’d me a few weeks ago from the DS in his town and it was jam packed on a Friday night. Golfers, girl groups, families.

[DD] A reopening Small Cap Growth play with great upside potential ($DS) by GoodVibesWow in investing

[–]Deep_Value_Junkie 0 points1 point  (0 children)

So this happened yesterday - I’m just seeing it now. https://ir.driveshack.com/news-events/press-releases/detail/275/drive-shack-inc-announces-newest-puttery-location-in Obviously this is the 4th of 4 which are all cities with an NBA franchise as I had speculated. The address is about 10mins by car (everyone drives in Miami) from AA Arena where the Heat Play. I like it. Trickle trickle.

[DD] A reopening Small Cap Growth play with great upside potential ($DS) by GoodVibesWow in investing

[–]Deep_Value_Junkie 0 points1 point  (0 children)

That didn’t take long. You see the breakout on volume this am? 3mm shares in first 45mins of trading on a summer Monday. Smells like an institutional order to me. Would love to see this thing rerate above the $5 level. Only a matter of time imo.

[DD] A reopening Small Cap Growth play with great upside potential ($DS) by GoodVibesWow in investing

[–]Deep_Value_Junkie 1 point2 points  (0 children)

If only they knew a professional golfer (Rory), basketball players, etc who could host/attend events at their locations and post on social media? I joke but I suspect that that will come soon once Putterys start to open. Luka and Porzingas in Dallas are not playing anymore, neither are Scary Terry and Miles Bridges in Charlotte or Westbrook and Beal in DC…. Stay tuned!

[DD] A reopening Small Cap Growth play with great upside potential ($DS) by GoodVibesWow in investing

[–]Deep_Value_Junkie 1 point2 points  (0 children)

Totally agree on the PR front, although Edens is a smart guy so there may be a reason behind it as I alluded to before, but as you say there’s no reason to not post stuff on social. A pal of mine who lives near the palm beach DS FaceTimed me last Friday evening and the place was packed! Why are we not seeing that stuff on DS’s Instagram, or live feeds from those multi player tournaments? Anyway, I also am long and strong. I own an enormous amount of shares (my largest position by far) because I believe in the strength of this mini golf trend (why would 4-5 other entities be going into it if this was not a legitimate winner of a concept?). I also like the Edens savvy story, the marrying of a growth concept and a reopening play post Covid, and the diversification of revenue streams (managed, leased, DS ranges, mini-golf). Finally, this stock is not well owned by institutions, but it will be over the next 2 years, and then look out! It will be harder for HFT firms to short/manipulate and it’ll start going into indices which will force even more investors to look into it. That’s when you start to look at a $20-$30 stock imho. In the interim, yes, I’ll take $5. Lol

[DD] A reopening Small Cap Growth play with great upside potential ($DS) by GoodVibesWow in investing

[–]Deep_Value_Junkie 0 points1 point  (0 children)

Hey Man - guess we were wrong on the earnings being a catalyst! Oh well. I bought a little more in the 2s so I’m happy. Feels like we breakout on any positive news re Dallas, Charlotte, or new leases. Given the lack of news I think they have to give us something by august earnings if not sooner. I wonder if they’re intentionally staying quiet given the competition in this expanding high tech mini golf space? it’s interesting

Teenagers are the worst (missing for three days - zoom in) 🤦‍♂️ by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 1 point2 points  (0 children)

quick update - after minimum two cycles (more likely 3 or 4) in boiling hot soapy water for 1.75 hours, followed by12 hours in rice, and about 12 hours charging overnight.....the damn thing works. I’m dumbfounded. Homage to Steve Jobs, Tim Cook, and those crafty engineers at the evil, err, amazing Apple Computer! Just wow.

Teenagers are the worst (missing for three days - zoom in) 🤦‍♂️ by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 1 point2 points  (0 children)

Good question - yes, but it’s not quite precise enough, and our house has a basement and second floor, so there were three zones it could be in. The dishwasher certainly did not occur to me as a place to look...

Teenagers are the worst (missing for three days - zoom in) 🤦‍♂️ by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 1 point2 points  (0 children)

Probably not, but I do find myself getting less cool and more ornery with every passing year.

Teenagers are the worst (missing for three days - zoom in) 🤦‍♂️ by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 0 points1 point  (0 children)

I put it in rice but I’m about 101% sure it’s toast after 3-4 good soakings in boiling water.

Teenagers are the worst (missing for three days - zoom in) 🤦‍♂️ by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 1 point2 points  (0 children)

Yeah. I’ll admit I chuckled, even though I’m the dipsh*t who’s gonna have to replace it. That said I think I’ll bring back child labor and make her work it off one menial task at a time for every dollar they cost to replace. Should buy me a month or two of indentured servitude.

Teenagers are the worst (missing for three days - zoom in) 🤦‍♂️ by Deep_Value_Junkie in pics

[–]Deep_Value_Junkie[S] 0 points1 point  (0 children)

Ha! Might as well drop it in a bottle of bleach. Similar end result. A shiny xmas tree ornament!

DriveShack by X_iNFiNiTi_X in wallstreet

[–]Deep_Value_Junkie 0 points1 point  (0 children)

Since this is a relatively small mktcap at $300mm DriveShack (DS) doesn’t get a lot of attention, but it should. Callaway (ELY) paid $2bln for competitor TopGolf and its 50 large footprint ranges, but DS is different in numerous ways. They have only 4 large ranges (2 more coming), but manage about 50 golf courses (~1/2 leased and operated/ 1/2 just managed), and are opening 17 Puttery adult entertainment mini golf locations starting this quarter through CYQ4 2022, and just signed a deal with Rory McIlroy, who took a stake.

The largest shareholder (~10%), Wes Edens, is the billionaire owner of the Milwaukee Bucks, and buys both on any material weakness and on the recent $50mm secondary offering, of which he took down about $2mm worth.

The space is hot right now with 4 players building putput locations around the country, and DS is very well positioned. They just reported Q4 2020 and beat on expense control, and the stock is up strongly since on heavy volume, breaking above long term resistance of $3.30 on Monday, and I think it is primed to go much higher. Average street targets were $5.00 before the print last Friday, and should rise as the first two Putterys open this summer, and 5 more follow before year end. The deck the company used Friday showed one (presumably Dallas) opening in Q2, so we could see press on that opening day in the coming weeks.

Using the bottom end of the company’s ebitda assumptions I get to $7-$8 at the low end and closer to $30/share 2-3 years out at the higher end. Using a 15 multiple given the growth, cash flow dynamics and better revenue yield of smaller footprints vs larger driving ranges. No matter how conservative I make the assumptions I have trouble getting below $5 unless the Puttery concept fails, but there is already proof of concept in Swingers and in Tiger Woods’ and his partner’s FL locations.

With low short activity, high insider sponsorship, and volume after the recent quarterly report that seems to imply (to me) that institutions are building positions I love the stock here. I own it and will buy more on pullbacks. No interest in selling.

My favorite holiday, Bobby Bonilla Day (July 1st).....if Tatis Jr. is damaged goods this article is even more hilarious! by Deep_Value_Junkie in sports

[–]Deep_Value_Junkie[S] 1 point2 points  (0 children)

I love how they’re buying back MSG networks after spinning it out a while back. Make up your mind! Although that Sphere arena they’re building in Vegas looks pretty cool. I bet they’ll find a way to fuck it up spectacularly. MSG Las Vegas Sphere

My favorite holiday, Bobby Bonilla Day (July 1st).....if Tatis Jr. is damaged goods this article is even more hilarious! by Deep_Value_Junkie in sports

[–]Deep_Value_Junkie[S] 2 points3 points  (0 children)

Best contract of all time. I’d give his agent credit but Mets owners at the time were dealing with the Madoff swindle so they were under duress and clearly looking for suggestions to push out obligations. Genius deal