James Bond Can’t Even Save You

[The beef 675] [I'm an image] “How many times do we have to say this...you’re not Ferrari!” - Jason Hey there carnivores, Markets went bananas on Monday as hope rises for economic reopenings. And today we’re talking about Aston Martin’s new driver. Keep raging, Jeff & Jason [Image] [I'm an image] It’s not me, it’s you Moers. Toby Moers. Aston Martin is jacking the hubcaps off of a competitor. The company announced yesterday that Daimler’s Tobias Moers [will be replacing]( Andy Palmer as CEO. Moers, who led Daimler AG’s Mercedes-AMG team, will take over a company that has seen its share of setbacks during the year of our Lord 2020, including a $94.4M operating loss in Q1. Flat tire It’s been a bumpy road for the incumbent Palmer since he joined Aston Martin in 2014. He was expected to emulate Ferrari's success. You see, Ferrari's 2015 IPO led to an appreciation in the company’s share price that helped it climb to that of luxury retailers like Hermès. The key phrase here being “expected to.” But Aston Martin’s IPO had some major issues under the hood. Investors [considered the initial offering to be overpriced]( and thought the company was undercapitalized. It appears they weren’t convinced that Aston could replicate what Ferrari had done. Ultimately, the carmaker did go public in 2018 at 19 pounds per share and has slowly declined ever since. Even with shares surging 43% today on the news of Moers’ hiring, the luxury carmaker is trading at just half a pound (that’s 61 cents American). The bottom line... Whether or not Moers can turn the company around depends on one thing: the DBX. Aston Martin [is all-in on its first-ever SUV](, hoping that it can save the company. The model will go on sale later this month at a base price of $193k... or approximately five Tesla Model 3s... If sales don’t increase, it may be up to Canadian billionaire Lawrence Stroll to throw Rick Ross's favorite carmaker another lifeline. In January of this year, the fashion mogul [lent his expertise]( and $635M to Aston Martin. [Image] Sometimes Heroes Do Wear Capes Join Jeff Williams This Thursday May 28th at 3pm ET—LIVE [Alternate text]( For A Real-Time Stock Scan Aimed At Catching Tomorrow’s Fast Mover—Today [Register Now]( [I'm an image] ☑️Off the track. Next stop: unemployment line. Amtrak [has announced it will cut 20%]( of its 18k-strong workforce by October due to a halt in demand from COVID-19. Ridership and revenue, the new R&R, has fallen by 95% since the pandemic came stateside in mid-March. The transportation giant has cut $215M in capital expenses and is looking to decrease costs by an additional $600M by delaying station improvements and property acquisitions. Nothing a little duct tape won't fix. It’s worth noting that Amtrak received more than $1B through the CARES Act and has stated it’ll need additional help throughout the year. ☑️Coming to the stage. Warner Music [released details]( of its IPO plan yesterday, which it states will occur “[as soon as practicable](.” Shares of the music company would hit the market at a range of $23 to $26 a pop, floating 70M common shares. Raising $1.82B through its IPO would value the third-largest music company between $11.7B and $13.3B. Finally, a win for the little guys. The home of Ed Sheeran and Lizzo (name a more iconic duo, I’ll wait) is wholly owned by Ukrainian billionaire Len Blavatnik, but he is releasing 13.7% of its stock for public consumption. Lenny, a true man of the people. ☑️On the rise. Stonks [were up on Tuesday]( amid excitement that the easing of social distancing restrictions will boost economic activity. This has prompted the idea that the worst of the pandemic is over, and hopefully life can return to normal. My pallid, sun-deprived thighs certainly welcome that news. Additionally, there is new hope for a vaccine as [Novavax started]( human studies on its coronavirus vaccine. 130 healthy people will partake in the phase one study, and if successful it will be expanded to a second phase to test whether the vaccine reduces the risk of COVID-19. Which, as you can imagine, is pretty important. Stonks closed off highs however amid brewing tensions between the US and China. Ah, that old song and dance. The US [is considering sanctions]( against China, including freezing assets and transactions of Chinese businesses after China passed a new national security law that decreases the rights of Hong Kong citizens. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Raging Bull manages on behalf of RagingBull.com, LLC. If you no longer wish to receive our emails, click the link below: [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails](