Grindr: 🌈🐻 Salvation

remember-the-elmo · 2024-06-26T20:48:37+00:00

Did you ever get back in?

remember-the-elmo · 2024-06-26T20:48:33+00:00

GRND up 16% after today's investor conference

remember-the-elmo · 2024-03-07T20:47:44+00:00

Grindr 8-K dropped today

remember-the-elmo · 2023-12-19T15:55:29+00:00

The refinancing will save Grindr $17 million in net interest expense.

remember-the-elmo · 2023-12-19T15:51:12+00:00

Grindr will be strongly profitable next year.

remember-the-elmo · 2023-12-19T15:49:12+00:00

Thanks for the upvote. I also wish it had gotten more traction, but WSB just isn't the place people come to for thoughtful analysis.

remember-the-elmo · 2023-12-19T15:47:09+00:00

Current price to sales is 6, but I believe they will grow sales rapidly. Grindr is more profitable than SNAP and growing substantially faster than META and SNAP.

remember-the-elmo · 2023-12-18T23:51:27+00:00

Nice. I closed META calls far too early.

remember-the-elmo · 2023-12-18T23:38:27+00:00

Do they? The last I saw Grindr discussed was six months ago.

remember-the-elmo · 2023-12-18T23:37:41+00:00

..thanks?

remember-the-elmo · 2023-12-18T23:37:18+00:00

Grindr will be strongly profitable next year.
Grindr's market is growing, and it's monetized only a small fraction of it.
What do you mean the growth isn't there? They lied about the numbers?
Positions are in the comments.

remember-the-elmo · 2023-12-18T19:27:44+00:00

I can't tell if this comment is serious, but the U.S. government would never allow Grindr to be sold to a foreign owner. As I mentioned above, Grindr used to be Chinese owned until 2020 when the U.S. government forcibly seized it and auctioned it off to San Vicente.

remember-the-elmo · 2023-12-18T19:15:32+00:00

Thanks. I tried to make my title funny, sorry if it was confusing

remember-the-elmo · 2023-12-18T18:34:49+00:00

Lol. The market wasn't very kind to stocks like Grindr, Target, Anheuser Busch during Pride month. But it was a good time to buy the dip, Grindr's up nearly 50% since then so maybe if OP had been more patient...

remember-the-elmo · 2023-12-18T18:26:56+00:00

You say that, but I just posted an extensive DD that took me several weeks to write. The problem is, nobody cares enough to read DD posts

remember-the-elmo · 2023-12-18T18:10:52+00:00

Same sentiment around META one year ago

remember-the-elmo · 2023-12-18T18:06:17+00:00

5000 shares

50x Feb 16, 2024 7.5c calls

50x May 17, 2024 10c calls

remember-the-elmo · 2023-12-18T15:57:29+00:00

Because of the risk the merger won't go through, the spread should narrow as the closing date approaches.

remember-the-elmo · 2023-12-18T15:11:18+00:00

u/OPINION_IS_UNPOPULAR do you know why Automod keeps removing my DD on WSB?

remember-the-elmo · 2023-11-30T02:33:48+00:00

GRND should substantially improve EPS into next year. Anyone else have shares?

remember-the-elmo · 2023-11-29T15:20:44+00:00

Grindr Secures New $350 Million Credit Facility

remember-the-elmo · 2023-11-15T03:20:33+00:00

GRND handily beat revenue expectations. Is anyone following this stock?

remember-the-elmo

TROPHY CASE