What I Am Buying Today.

[fenders53]

(09-10-2021, 11:03 AM)kblake Wrote:

(09-10-2021, 10:07 AM)fenders53 Wrote:

(09-10-2021, 08:03 AM)fenders53 Wrote: Divmenow

When you have a minute give VSTO news a look please.  I don't know anything about golf but I am pleased they are using windfall bullet profits to further diversify.  $500M is still a big deal to VSTO so no ATT or MO bone headed acquisitions allowed lol.

In case you missed this I would like an opinion because you know what this is about on the gold fan user end.  Market seems OK with the decision.  Not going down when you acquire is usually a good sign.

I'm not so sure on this acquisition. 11-18K for a golf simulator?? Not many are going to spend that kind of money unless your a PRO lol. The company to me should stick at what they are good at.  And buying a golf company like this, I think they are out of there comfort level. 

Noting beats TOP GOLF which is why I have been adding to ELY under $28.

They are an outdoor company and already have a modest amount of other outdoor brands some golf brands.  The only time I have seen a simulator is in a bar where it was an attraction, or available for rent for events as apparently portable models exist.  Or at least they used to.  Anyway they dominate shooting sports but eventually they'll have to stop price gouging on ammo. Almost all outdoor sports are crowded with gear seller competition so nothing is sure IMO.  I doubt beating Top Golf is the goal.  Continuing their revenue growth is and it's been explosive.  They can't dominate everything, but everything they touch has been profitable for awhile now.