Posted on November 10, 2022
What a day, fellow Jews and Noahides—what a day!
It’s over, and… well, we’re right back to where we started, apparently.
Before we deal with today’s trade on Rollins Inc. (NYSE:ROL), makers of rat poison and termite get-out, we have two spectacular bets to close.
The first is our WMS initiative, whose details can be found HERE.
In brief, we’re short 300 shares of WMS, sold at $100 and are holding an additional debit of $4.40.
Which is why we were moonshot thrilled to see the following—
She got dragged summarily to the principal’s office!
WMS is now trading at $81.83 after an uproarious tumble.
And that means we’re buying her back.
Get it done and you exit the trade with $50.11 on an initial outlay of just $0.80.
And that’s 6163%!
Among our best.
Now go treat yourself to some inflation pie!
Next was our FBHS initiative, the particulars of which are available HERE.
In short, we’ve got a debit of $2.00 and are short one lot of FBHS shares at $80.
And the stock…?
Well, she’s at $58.12.
So we’re buying her back and walking with a NET take of $19.48 on just $0.40 spent.
And that’s another mammoth return—of 4870%, to be precise.
Call it a juicy Georgia peach.
As mentioned, we’re chasing the mouse-chasers today, also based in Atlanta—Rollins Inc.
We believe there’s some downside in the works for the company, and we’ve cobbled together what we believe is a timely and sound means of exploiting that eventuality.
But first, take a gander at the company’s fundamentals—
What happened—and what you’ll see on the chart below—is ROL beat on earnings by two cents and announced an increase in their quarterly dividend the same day.
Aparently, everyone popped a bottle and lit up their sparklers.
Many happy returns!
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