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Drive Shack Inc. (DS)

NYSE - NYSE Delayed price. Currency in USD
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1.5100+0.0200 (+1.34%)
At close: 04:00PM EDT
1.4900 -0.02 (-1.32%)
After hours: 05:30PM EDT
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  • M
    With more than 7M shares shorted, DS could be a good candidate for a short squeeze if the market continues to be good.
  • t
    Yahoo! has been so bad lately - especially the DS board. I like using ( now instead for my daily research.
  • B
    back to 3!
  • K
    Anyone else think Top Golf will buy these to increase their growth. Probably around 4-5 $
  • m
    Eden’s buy 2 mill shares open mkt May 11 and 12th
  • J
    I don't see them going bk...Seems like easy money at these prices
  • J
    Market cap was higher during Covid. Panic selling from retail. Going to run up to $4 in a blink of an eye with growing revs and probability by 2024. This is a no brainer. Probably see some massive insider buying shortly
  • N
    So here's my concern: Their presentation shows 7 additional putteries opened in 2022. This is the end of the 4th month and no openings in 2022. I can't see any path the company can meet the business plan they promoted to have 9 open putteries by end of 2022. DS would have to open 7 putteries in 8 months. I know the DC location is close to open because they are hiring bartender and server positions.

    The bottom line with this company they have hit a huge homerun with the golf entertainment (mostly the putteries). With that said, the golf course mgt part of the business is huge anchor on the business. They need more high margin putteries to leverage the non profitable golf mgt business. The faster they become a golf entertainment business the faster they can shed the management business.
  • l
    Clearly the hope of an increasing share price is no longer a reality
  • Y
    Yahoo Finance Insights
    Drive Shack reached a 52 Week low at 1.11
  • J
    We’ve really had some good weather this year. People should be out playing. I hope we see that in the results.
  • T
    Nope going to file bankruptcy
  • J
    Can we get a Rory puttery commercial or something?
  • v
    $DX conversation
    Event Driven Value Thesis just like Dynex Capital NYSE $DX In fact the same investors that turned $DX around 2000-03 Wesley Edens, CEO Fortress & clan led by Barry Igdaloff now own at least 80% of all Novation Co $NOVC Common. This is 91M of 116M shrs outstanding including their co investors Mass Mutual and sub-Barings and EJF Capital a White Mountains Capital $WTM investment. These powerful investors do not want you to know how they sit on $730M NOLs & Rights that control Billions of COLLATERAL ASSETS RMBS Non-QM Portfolio with est 600 Bpts weighted average coupons WAC.

    I believe they delay a true restructuring at $NOVC until Wesley Edens, CEO/COB of Fortress can buyback his firm from Softbank, Masa Son, CEO before triggering this plan. Read Nov 2021 Bloomberg article SoftBank mulls options for Fortress, including sale - Bloomberg News | Reuters If they do what they have done many times before they will create billions for common + millions in annual cash flow.
    If right Mass Mutual 17% and EJF Capital + Fortress hidden behind CDOs own 31M 27% of common (CDOs also own $NOVC only Sr Debt to exit Ch 11 April 2019) will make billions + millions in annual cash flow in mgt fees + dividends at Novation Companies Inc. $NOVC.

    These investors can cut and paste past restructuring blueprints at $NOVC just like they have done very successfully, i.e., $DX $NRZ aka $NCT $DS $COOP $OCN $OMF. Barry Igdaloff served 20 years on Dynex Capital NYSE $DX Board up to 8/31/2020. Now Barry Igdaloff is Chairman of $NOVC Board. He and many that invested at Dynex Capital NYSE $DX Thomas Bruce Akin ex CEO/COB of $DX, Todd Emoff and Howard Amster all major $DX common and preferred investors own at least 40M or 35% of Novation Co OTCBB $NOVC. Most of these 40M have been camouflaged by parking shares at related accounts via Form 4s. Igdaloff camouflages both Fortress/EJF Capital behind CDOs Taberna/Kodiak CDOs.
  • Y
    Yahoo Finance Insights
    Drive Shack is up 9.84% to 1.34
  • Y
    Yahoo Finance Insights
    DS-PC reached a 52 Week low at 20.01
  • j
    DS has confirmed that earnings will be announced Tuesday.
  • D
    Come to Seattle !!!!!!!!! Come on management
  • Y
    Yahoo Finance Insights
    DS-PB reached a 52 Week low at 20.79