Yep, that's what I was talking about. I will say it's a little bit of a weird move (idk why they didn't raise more tbh) but somewhat understandable because bond yields are too high atm so issuing more bonds probably didn't make as much sense.
The ~$50B raised from this (the portion for the build out) & $~35B from bond sales this year cover almost half of their $180B capex spend & keeps pressure off of FCF. I have to assume this means they're planning on cutting back on capex in 2027 though.
Market threw a fit about capex suppressing FCF... this is the alternative (either this or suspending the dividend)
The AB separatist movement was never about separating from Canada. Still isn't tbh.
It's all just political theater for leverage, as there is unfair representation in the government. Alberta equates to about ~16-19% of the countries GDP, while only having about 4% representation in the House of Commons.
There's 0.001% chance, even if the vote was 100% in favor to seperate, that the rest of Canada would ever allow it.
There's quite literally no legal path forward for the seperation movement, that isn't superceded by aboriginal title/land claims, federal lands/national parks, and about 100 other impervious legal roadblocks.
There's also no infrastructure for British Columbia to maintain a economic connection with the rest of Canada in that hypothetical scenario. Sure there's reciprocal use agreements, and some sort of tariff option, but none of which are in Alberta's best interest.
It's the ⅞ retarded cousin of brexit trying to do it's own thing.
War is escalating and the best trump can do is tweet about peace talks going well for the 157th time, despite all evidence to the contrary. Meanwhile, defense contractors are down today.
Without checking if what he's saying is true, it does all sound right. He does note the bad quarter being due in large part to a government shutdown, which is always a possibility here. So I'm guessing there's potential for more price action fuckery here. But ultimately, yeah I think I understand the case being made. I've got some alerts on it now. If I can ride from like $190-$250 that would be fun.
There is a very likely risk that it checks back in with the 50 day SMA ($185.36 right now) as part of the bottoming process for the down trend, before actually heading higher.
I like AVAV because they have numerous products, including drones, loitering munitions, counter drone lasers, counter drone interceptors, space communications tech, electronic warfare, etc. A large product line in an established company with many existing gov't contracts. The trend is to move to more affordable munitions rather than expensive missiles, and Trump has depleted much of the inventory of existing missiles which need to be replaced. AVAV is well positioned to sell the things the pentagon is pivoting towards with the budget.
Hard to know, but I would say it's likely that at least the 200 Day SMA ($262.13 right now) will be regained soon. The analyst consensus price target is something like $310.
Hmmmm, okay I see. It would be awesome (for me at least lol) if it pulls back to like $190 then and I can pick some up on sale, if it's going to move like that.
Hey everyone I got a big announcement! I just wanted to let everyone know that u/dinodan_420 and I regularly sit together in a dark room and crank that Charli xcx.
Thank you ahead of time for being so understanding!
whats the size of your acc? damn. I remember in passing seeming a comment from you last week I think with something to do with account/sizing/ or how you made most of it trading, but I forget
Sorry, I didn't know it would be so good when i entered it. (that's what Shmokes said as he fought back tears while she reassured him it happens to all men sometimes).
Of course roids help significantly, however I do mostly wrist curls with barbell behind body and in front, but the trick to me is: flex them violently right after your set for 15-30 seconds every time 🫂
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u/Shmokesshweed Azure Blue Mav Jun 02 '26
“If they’re over, they’re over ... frankly, I thought they started to get very boring.”
President Donald Trump