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So I think Vincent being suddenly fired was sort of stupid of course, who couldn’t love that big articulate man?
Anyways I think he’ll be back, maybe not with this update but possibly in a casino pt. 2 update. I think he’s going to take revenge on the casino at some point, or maybe we’ll just run into him again. Vincent’s sudden break off from the story felt off, like he’ll be back.
What are your thoughts?

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What are the best blocks to build a casino?

Date: Saturday, February 13, 2021
Time: 6:00 PM PT, 9:00 PM ET, 2:00 AM GMT
Location: Fantasy Springs Casino, Indio, California
Stream: DAZN

• Joseph Diaz Jr (31-1, 15 KOs) vs Shavkatdzhon Rakhimov (15-0, 12 KOs), 12 rounds. IBF super featherweight title only on the line for Rakhimov after Diaz narrowly missed weight by 3.6 lbs.
• Patrick Teixeira (31-1, 22 KOs) vs Brian Castano (16-0-1, 12 KOs), 12 rounds, WBO super welterweight title
• Ronny Rios (32-3, 16 KOs) vs Oscar Negrete (19-2-2, 7 KOs), 10 rounds, super bantamweight

4. Skilled Roulette Dealers Can Choose When to Stop the Wheel, Thereby Avoiding Big Payouts

There are far too many random factors affecting the outcome of a Roulette wheel for the dealer to have any effect. With the ball and wheel traveling in opposite directions and the frets encouraging the ball to ricochet wildly, it's hard to imagine the kind of training that would allow a dealer to control all these elements and send the ball to the desired slot each time.
There's also the fact that any system like this would be both illegal and open to abuse. The sheer randomness of many games preserves the odds in the house's favor, thereby making it against the casino's interests to introduce any predictability.

5. You're More Likely to Win on Slots in a Busy Casino

Technically yes, there will be more jackpot payouts in a busy casino than in a quiet one, but only because there are more games being played. As an individual, your chances remain the same whether you're one of millions or the only person on the floor.

6. Switching Seats in Poker Can Improve Your Hand

There are a few good reasons to change your seat in poker, but sadly this isn't one of them. The cards are dealt at random with the probabilities starting anew at each game, so the chances of getting the cards you want isn't impacted by seat order.
However, given that much of poker relies on a clinical assessment of your opponents, switching seats can be a smart move if made for the right reasons. One solid piece of advice is to spot the most aggressive player and sit on his left.
This way, they have to act before you do, giving you a clear overview of how much it'll cost you to stay in the game and putting you in prime position once that winning hand comes along.

Watchlist 2-8-21 👀
HOT SECTORS:

1. Uranium ^UUUU ^NXE ^UEC ^CCJ
2. Marine ^NM
3. Household Electronic ^KOSS ^SONO ^KODK ^ZAGG
4. Investment Banking & Brokerage Services ^GHL ^ LPHA ^COWN ^ CCJ
5. Casino & Gaming ^PENN ^WYNN ^MGM ^BYD ^RRR

China Stocks:
"Cash is king during Chinese New Year, with gift-giving in the form of ‘red packets’ a major driver. Given that companies and stock markets are closed over the festivals, swathes of profit-taking take place to take vast sums of cash out of the system – causing fluctuations in stocks."
$TANH – found resistance at $2.01, but the bullish trend of the RSI and MACD could have break resistance to my PT $2.72
$CAAS - Double bottom measured move to $8.36.
$WEI - being backed by several social media influencers with PTs ranging $3-5+
Sympathy/Related: #QTT # CTK #WIMI #TIGR #AIHS #CMCM #UXIN #LAIX #TAL #DQ #LU #SEED #SXTC #BEST #TC #GSX #CCNC #PETZ #TKAT #PLAG #NCTY #MOXC #TANH #EVK #JRJC #AIH #HGSH #CCM #PLIN #BABA #TAOP #TEDU #LXEH #KXIN #OCG #YGMZ #ATIF #JFIN #CLEU #BHAT
BTC/BLOCKCHAIN:
Bitcoin hit 40K this weekend and Doge $0.07
$MARA $RIOT $BRQS – with bitcoin hitting 40K these are something to keep watch on Monday
Sympathy/Related: #SOS #RIOT #MOGO #NXTD #IDEX #MGI #IZEA #EQOS #IPDN #EBON #DPW #MARA #PHUN
MARIJUANA:
$SNDL - Pullback to $0.85ish, buy the pullback for an inverse head and shoulders with a price target of $2.61
$HUGE - Daily trend about to turn bullish with massive volume spike.
$CRBP – Huge gap to filled back up on the daily chart. PT $3.33
$KERN – Swing alert (weeks) growing nicely on the daily chart, but I wait for a pullback before making an entry. Long term PT $18.58
Sympathy/Related: #ACB, #TLRY #OGI #CGC #HEXO #CRON #APHA $ICG
Energy Sector:
$OPTT - Weekly trend about to change from bearish to bullish with significant volume increases week by week. PT: $8 short term, $18-20 longer term.
$SPI - weekly chart bullish harami. Bullish pennant price action pattern. EMA200 $19.55 MACD crossed bullish. Daily chart hammebull pin bar impulse pullback
Sympathy/Related:: #WWR #CBAT #PECK #PLUG #CLSK #FCEL #SUNW #AMTX #PEIX
#TRCH $#ENG #SPI #WATT #ALAC #TRCH #OPTT #OEG
BLM STOCKS: BLACK HISTORY MONTH
Sympathy/Related #LMFA #IMTE #SALM #UONEK #CARV #BYFC $UNONE
Biotechs:
$OCGN – Swing alert (Weeks) huge volume coming in after the split. Base on my daily fibo chart $10.73.
Sympathy/Related:: #ANVS #VXRT #AEZS #MBRX #SLS #CRMD #PRTA #VTVT #ALVR #PLRX #ARTL #GMDA #GRCL #TLSA #ATOS #IMNM #NKTX #AZRX #OCGN #SAVA #ADMS #SBBP #CNSP #AKER #SAVA #TTOO #AGEN
TECHNICALS:
$CNSL $RVPH – Both have double bottom with a hammer candle on Friday.
$VISL – Huge volume on Friday. Continuation play PT $5
$BDR - this low float stock is weekly play. Typically spikes over $2 at least once a week and usually on Monday or Tuesday. 10-50%.
$NAKD - Trend change and golden cross on the daily. Look for pullback to $.80 or so, then a push back to $2+
$CTRM - Over 25 million shares shorted on 1/15 that need to cover by tomorrow. Could be more powerful than the GME squeeze. Massive volume spike the past few weeks. First target $1, next target $2.69.
$LMNL looks like it's time has come to start really retracing back to the teens. Bullish harami on weekly. 3 white soldier on the daily. Bull flag broke down for a DBR set up. 4hr set up for PM gapper. PT $5.96 then $6.99 for a break above $6.07 ~10-30%+ gainer Fib retracement levels 23.6% $11.19 / 38.2% $15.06 / 50.0% $18.19 / 61.8% $21.33
$ADMP - weekly chart showing extreme bullish confluence. bullish hammebull pin bar EMA6 bounce pattern/backtest old resistance as new support to maintain $1+ compliance. EMA200 $2.144
Daily chart fish hook pattern gap to 1.40 and 1.64 great chart set up for possible rockets.
Backburners: ^WPRT ^PPBT ^MBII ^LAIX ^CLNE ^ELVT ^VRTV ^NAVB ^AAME ^VOR ^IMCR ^WHLR ^BOLT ^HTBX ^CLOV ^ABUS ^MRNA ^HGEN

Edit 1: More ARKQ buying today (~50k shares). Thank you everyone for the positive feedback and discussion!
Bottom Line Up Front (BLUF) or TL;DR for the non-military types:
LMT is a good target if you want to literally go to the moon, and my PT is $690.26 in two years (more than 2x from current levels). Justification and some possible trade ideas are listed below, just CTRL-F “Trade Ideas”. I hope you guys enjoy this work and would appreciate any discussion or feedback. I hope to catch you in the comments.
Team,
We interrupt today’s regularly scheduled short squeeze coverage to discuss a traditionally boring stock, LMT (Lockheed Martin), with significant upside potential. To be clear, this is NOT a short squeeze target like many reddit posts are keying on. I hope that this piece sparks discussion, but if you are just looking for short squeeze content, all I have to say is BUY, HOLD, and GODSPEED.
The source of inspiration for me writing this piece is threefold; first, retail investors are winning, and I believe that we will continue to win if we continue to identify opportunities in the market. In my view, the stock market has always been a place for the public to shine a light on areas of innovation that real Americans are excited about and proud to be a part of. Online communities have stolen the loudspeaker from hedge fund managers and returned it to decentralized online democracies that quickly and proudly shift their weight behind ideas they believe in. In GME’s case, it was a blatant smear campaign to destroy a struggling business. I think that we should continue this campaign by identifying opportunities in the market and running with them. It may sound overly idealistic, but if reddit can take on the hedge funds, I non-ironically believe that we can quite literally take good companies researching space technology to the moon. I think LMT may be one of several stocks to help get us there.
Second, a video where the Secretary of State of Massachusetts argues that internet boards are full of a bunch of unsophisticated, thoughtless traders really ticked me off. This piece is designed to show that ‘the little guy’ is ready to get into the weeds, understand business plans, and outpace analysts that think companies like Tesla are overvalued by comparing them to Toyota. That is a big reason that I settled on an old, large, slow growth company to do a deep-dive on, and try my best to show some of the abysmal predictive analysis major ‘research firms’ do on even some of the most heavily covered stocks. LMT is making moves, and the suits on wall street are 10 steps behind. At the time of writing this piece, Analyst Estimates range from 330-460 (what an insane range).
Third, and most importantly, I am in the US military, and I think that it is fun to go deep into the financials of the defense sector. I think that it helps me understand the long-term growth plans of the DoD, and I think that I attack these deep-dives with a perspective that a lot of these finance-from-day-one cats do not understand. Even if no one ever looks at this work, I think that taking the time to write pieces like this makes me a better Soldier, and I will continue to do it in my spare time when I am feeling inspired. I wrote a piece on Raytheon Technologies (Ticker: RTX) 6 months ago, and I think it was well-received. I was most convicted about RTX in the defense sector, but I have since shifted to believing LMT is the leader in the defense space. I am long both, though. If this inspires anyone else to do similar research on other companies, or sparks discussion in the community, that is just a bonus. Special shout-out to the folks that read more than just the TL;DR, but if you do just read the TL;DR, I love you too!
Now let us get into it:
Leadership
I generally like to invest in companies that are led by people that seem to have integrity. Jim Taiclet took the reins at LMT in June of last year. While on active duty, he served as a C-141B Starlifter pilot (a retired LMT Aircraft). After getting out he went to work for the American Tower Corporation (Ticker: AMT). His first day at American Tower was September 10, 2001. The following day, AMT lost 13 employees in the World Trade Center attack. He stayed with the company, despite it being decimated by market uncertainty in the wake of 9/11. He was appointed CEO of the very same company in 2004. Over a 16 year tenure as CEO of AMT the company market cap 20x’d. He left his position as CEO of AMT in March of last year, and the stock stagnated since his departure, currently trading at roughly the same market cap as to when he left.
Jim Taiclet was also appointed to be the chairman of the board this week, replacing the previous CEO. Why is it relevant that the CEO came from a massive telecommunications company?
Rightfully, Taiclet’s focus for LMT is bringing military technology into the modern era. He wants LMT to be a first mover in the military 5G space, military application of AI space, the… space space, and the hypersonic glide vehicle (HGV) space. These areas are revolutionary for the boomer defense sector. We will discuss this in more detail later when we cover the company’s P/E multiple and why it is absolute nonsense.
It is not a surprise to me that they brought Taiclet on during the pandemic. He led AMT through adversity before, and LMT’s positioning during the pandemic is tremendous relative to the rest of the sector, thanks in large part to some strong strategic moves and good investments by current and past leadership. I think that Taiclet is the right CEO for the job.
In addition to the new CEO, the new Secretary of Defense, Secretary Lloyd Austin, has strong ties to the defense sector. He was formerly a board member for RTX. He is absolutely above reproach, and a true leader of character, but I bring this up not to suggest that he will inappropriately serve in the best interest of defense contractors, but to suggest that he speaks the language of these companies effectively. I do not anticipate that the current administration poses as significant of a risk to the defense sector as many analysts seem to believe. This will be expanded in the headwinds section below.
SPACE
Cathie Wood and the ARK Invest team brought a lot of attention to the space sector when the ARKX, The ARK Space Exploration ETF, Form N-1A was officially filed through the SEC. More recently, ARK Invest published their Big Ideas 2021 Annual Report and dedicated an entire 7-page chapter to Orbital Aerospace, a new disruptive innovation platform that the ARK Team is investigating. This may have helped energize wall street to re-look their portfolios and their investments in space technology, but it was certainly not the first catalyst that pushed the defense industry in the direction of winning the new space race.
In June 2018, then President Trump announced at the annual National Space Council that “it is not enough to merely have an American presence in space, we must have American dominance in space. So important. Therefore, I am hereby directing the Department of Defense (DoD) and Pentagon to immediately begin the process necessary to establish a Space Force as the sixth branch of the Armed Forces". Historically, Department of Defense space assets were under the control of the Air Force. By creating a separate branch of service for the United States Space Force (USSF), the DoD would allocate a Chairman of Space Operations on the Joint Chiefs of Staff and clearly define the budget for space operations dedicated directly to the USSF. At present, this budget is funneled from the USAF’s budget. The process was formalized in December of 2019, and the DoD has appropriated ~$15B to the USSF in their first full year of existence according to the FY21 budget.
Among the 77 spacecraft that are controlled by the USSF, 29 of them are Lockheed Martin GPS satellites, 6 of them are Lockheed Martin Space-Based Infrared Systems (SBIRS), and LMT had a hand in creating and/or manufacturing for several of the other USSF efforts. The Next Generation Overhead Persistent Infrared Missile Warning Satellites (also known as Next-Gen OPIR) were contracted out to both Northrup Grumman (Ticker: NOC) and LMT. LMT’s contract is currently set at $4.9B, NOC’s contract is set at $2.37B.
Tangentially related to the discussion of space is the discussion of hypersonic glide vehicles (HGVs). HGVs have exoatmospheric and atmospheric implications, but I think that their technology is extremely important to driving margins down for both space exploration and terrestrial point-to-point travel. LMT is leading the charge for military HGV research. They hold contracts with the Navy, Air Force, and Army to develop HGVs and hypersonic precision fires. The priority for HGV technology accelerated significantly when Russia launched their Avangard HGV in December of 2019. Improving the technology for HGVs is a critical next-step in maintaining US hegemony, but also maintaining leadership in both terrestrial and exoatmospheric travel.
LARGE SCALE COMBAT OPERATIONS (LSCO)
The DoD transitioning to Large-Scale Combat Operations (LSCO) as the military’s strategic focus. This is a move away from an emphasis on Counter-Insurgency operations. LSCO requires effective multi-domain operations (MDO), which means effective and integrated strategies regarding land, sea, air, space, and cyberspace. To have effective MDO, the DoD is seeking systems that both expand capabilities against peer threats and increase the ability to track enemy units and communicate internally. This requires a modernizing military strategy that relies heavily on air, missile, and sensor modernization. Put simply, the DoD has decided to start preparing for peer or near-peer adversaries (China, Russia, Iran, North Korea) rather than insurgencies. For this reason, I believe that increased Chinese and Russian tensions are, unfortunate as it may be, a boon to the defense industry. This is particularly true in the missiles/fires and space industry, as peer-to-peer conflicts are won by leveraging technological advantages.
There are too many projects to cover in detail, but some important military technologies that LMT is focusing on to support LSCO include directed energy weapons (lasers) to address enemy drone technology, machine learning / artificial intelligence (most applications fall under LMT’s classified budget, but it is easy to imagine the applications of AI in a military context), and 5G to increase battlefield connectivity. These projects are all nested within the DoD’s LSCO strategy, and position LMT as the leader in emergent military tech. NOC is the other major contractor making a heavy push in the modernization direction, but winners win, and I think a better CEO, balance sheet, and larger market cap make LMT the clear winner for aiding the DoD in a transition toward LSCO.
SECTOR COMPARISON (BACKLOG)
The discussion of LSCO transitions well into the discussion of defense contractor backlogs. Massive defense contracts are not filled overnight, so examining order backlogs is a relatively reliable way to gauge the interest of the DoD in a defense contractor’s existing or emerging products. For my sector comparison, I am using the top 6 holdings of the iShares U.S. Aerospace & Defense ETF (Ticker: ITA). I hate this ETF, and ETFs like it (DFEN) because of their massively outsized exposure to aerospace, and undersized allocation to companies like LMT. LMT is only 18% smaller than Boeing (Ticker: BA) but is only 30.4% of the exposure of BA (18.46% of the fund is BA, only 5.62% of the fund is LMT). Funds of this category are just BA / RTX hacks. I suggest building your own pie on a site like M1 Finance (although they are implicated in the trade restriction BS… please be advised of that… hoping other brokerages that are above board will offer similar UIs like the pie design… just wanted to be clear there) if you are interested in the defense sector.
The top 6 holdings of ITA are:
Boeing Company (Ticker: BA, MKT CAP $110B) at 18.46%
Raytheon Technologies (Ticker: RTX, MKT CAP $101B) at 17.84%
Lockheed Martin (Ticker: LMT, MKT CAP $90B) at 5.62%
General Dynamics Corporation (Ticker: GD, MKT CAP $42B) 4.78%
Teledyne Technologies Incorporated (Ticker: TDY, MKT CAP $13B) at 4.74%
Northrop Grumman Corporation (Ticker: NOC, MKT CAP $48B) at 4.64%
As a brief aside, please look at the breakdowns of ETFs before buying them. The fact that ITA has more exposure to TDY than NOC and L3Harris is wild. Make sector ETFs balanced how you want them to be balanced and it will be more engaging, and you will likely outperform. I digress.
Backlogs for defense companies can easily be pulled from their quarterly reports. Here are the current backlogs in the same order as before, followed by a percentage of their backlog to their current market cap. All numbers are pulled from January earning reports unless otherwise noted with an * because they are still pending.
Boeing Company backlog (Commercial: $282B, Defense: $61B, Foreign Military Sales (FMS, categorized by BA as ‘Global’): 21B, Total Backlog 364B): BA’s backlog to market cap is a ratio of 3.32, which is strong, but most of that backlog comes from the commercial, not the defense side. Airlines have been getting decimated, I am personally not interested in having much of my backlog exposed to commercial pressures when trying to invest in a defense play. Without commercial exposure, their defense only backlog ratio is .748. This is extremely low. I understand that this does not do BA justice, but I am keying in on defense exposure, and I am left thoroughly unsatisfied by that ratio. Also, we have seen several canceled contracts already on the commercial side.
Raytheon Technologies backlog (Defense backlog for all 4 subdivisions: 67.3B): Raytheon only published a defense backlog in this quarter’s report. That is further evidence to me that the commercial aerospace side of the house is getting hammered. They have a relatively week backlog to market cap as well, putting them at a ratio of .664, worse off than the BA defense backlog.
Lockheed Martin backlog (Total Backlog: $147B): This backlog blows our first two defense backlogs out of the water with a current market cap to backlog ratio of 1.63.
General Dynamics Corporation backlog (Total Backlog: $89.5B, $11.6B is primarily business jets, but it is difficult to determine how much of their aerospace business is commercial): Solid 2.13 ratio, still great 1.85 if you do not consider their aerospace business. The curveball here for me is that GD published a consolidated operating profit of $4.1B including commercial aerospace, whereas LMT published a consolidated operating profit of $9.1B. This makes the LMT ratio of profit/market cap slightly in favor of LMT without accounting for the GD commercial aerospace exposure. This research surprised me; I may like GD more than I originally assumed I would. Still prefer LMT.
Teledyne Technologies Incorporated backlog (Found in the earnings transcript, $1.7B): This stock is not quite in the same league as the other major contractors. This is an odd curveball that a lot of the defense ETFs seem to have too much exposure to. They have a weak backlog, but they are a smaller growing company. I am not interested in this at all. It has a backlog ratio of .129.
Northrop Grumman Corporation backlog ($81B): Strong numbers here. I see NOC and LMT as the two front-runners in the defense sector. I like LMT more because I like their exposure to AI, 5G, and HGVs more than NOC, but I think this is a great alternative to LMT if you like the defense sector. Has a ratio of 1.69, slightly edging out LMT on this metric. LMT edges out NOC on margins by ~.9%, though, which has significant implications when considering the depth of the LMT backlog.
The winners here are LMT, GD, and NOC. BA is attractive if you think anyone will have enough money to buy new planes. BA and RTX are both getting hammered by commercial aerospace exposure right now and are much more positioned as recovery plays. That said, LMT and NOC both make money now, and will regardless of the impact of the pandemic. LMT is growing at a slightly faster rate than NOC. Both are profit machines, but I like LMT’s product portfolio and leadership a lot more.
FREE CASH FLOW
Despite the pandemic, LMT had the free cash flow to be able to pay a $2.60 per share dividend. This maintains their ~3% yearly dividend rate. They had a free cash flow of $6.4B. They spent $3.9 of that in share repurchases and dividend payouts. That leaves 40% of that cash to continue to strengthen one of the most stalwart balance sheets outside of big tech on the street. Having this free cash flow allowed them to purchase Aerojet Rocketdyne for $4.4B in December. They seem flexible and willing to expand and take advantage of their relative position during the pandemic. This is a stock that has little downside risk and significant upside potential. It is always reassuring to me to know that at the end of the day, a company is using its profit to continue to grow.
HEADWINDS
New Administration – This is more of an unknown than a headwind. The Obama Administration was not light on military spending, and the newly appointed SecDef is unlikely to shy away from modernizing the force. Military defense budgets may get lost in the political shuffle, but nothing right now suggests that defense budgets are on the chopping block.
Macroeconomic pressure – The markets are tumultuous in the wake of GME. Hedgies are shaking in their boots, and scared money weighed on markets the past week. If scared money continues to exert pressure on the broader equity markets, all boomer stocks are likely weighed down by slumping markets.
Non-meme Status – The stocks that are impervious to macroeconomic pressures in the above paragraph are the stonks that we, the people, have decided to support. From GME to IPOE, there is a slew of stonks that are watching and laughing from the green zone as the broader markets slip deeper into the red zone. Unless sentiment about LMT changes, I see no evidence that LMT will remain unaffected by a broader economic downturn (despite showing growth YoY during a pandemic).
TAILWINDS
Aerojet Rocketdyne to the Moon – Cathie Wood opened up a $39mil position in LMT a few weeks ago, and this was near the announcement of ARKX. The big ideas 2021 article focuses heavily on satellite technology, deep learning, and HGVs. I think that the AR acquisition suggests that vertical integration is a priority for LMT. They even fielded a question in their earnings call about whether they were concerned about being perceived as a monopoly. Their answer was spot on—the USFG and DoD have a vested interest in the success of defense companies. Why would they discourage a defense contractor from vertical integration to optimize margins?
International Tensions – SolarWinds has escalated US-Russia tensions. President Biden wants to look tough on China. LSCO is a DoD-wide priority.
5G.Mil – We still do not have a lot of fidelity on what this looks like, but the military would benefit in a lot of ways if we had world-wide access to the rapid transfer of encrypted data. Many units still rely on Vietnam-era technology signal technology with abysmal data rates. There are a lot of implications if the code can be cracked to win a DoD 5G contract.
TRADE IDEAS
Price Target: LMT is currently at a P/E of ~14. Verizon has roughly the same. LMT’s 5-year P/E ratio average is ~17. NOC is currently at a P/E of ~20. TSLA has a P/E Ratio of 1339 (disappointingly not 1337). P/E is a useless metric because no one seems to care about it. My point is that LMT makes a lot of money, and other companies that are valued at much higher multiples do not make any money at all. LMT’s P/E ratio is that of a boomer stock that has no growth potential. LMT’s P/E is exactly in line with the Aerospace and Defense Industry P/E ratio standard. LMT’s new CEO is pushing the industry in a new direction. I will arbitrarily choose a P/E ratio of 30, because it is half of the software industry average, and it is a nice round number. Plus, stock values are speculative and nonsense anyway.
Share price today: $321.82
Share price based on LMT average 5-year P/E: $384.08 (I see this as a short term PT, reversion to the mean)
Share price with a P/E of 30: $690.26
Buy and Hold: Simple. Doesn’t take much thought. Come back in a year or two and be happy with your tendies (and a few dividends to boot).
LEAPS Call Debit Spread (Based on last trade prices): Buy $375 C 20 JAN 23 for $26.5, Sell $450 C 20 JAN 23 for $12. Total Cost $14.5 for a spread width of $75. Max gain 517% per spread. Higher risk strategy.
LEAPS: Buy $500 C 20 JAN 23 for $7.20. Very high-risk strat. If the price target is hit within two years, these would be in the money $183 per contract for a gain of 2500%. This is the casino strat.
SOURCES
https://www.lockheedmartin.com/en-us/news/features/2020/james-taiclet-from-military-pilot-to-successful-ceo.html
https://www.warren.senate.gov/newsroom/press-releases/in-response-to-senator-warrens-questions-secretary-of-defense-nominee-general-lloyd-austin-commits-to-recusing-himself-from-raytheon-decisions-for-four-years
https://news.lockheedmartin.com/2019-08-30-Lockheed-Martins-Expertise-in-Hypersonic-Flight-Wins-New-Army-Work
https://www.lockheedmartin.com/en-us/capabilities/hypersonics.html
https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/ARK%E2%80%93Invest_BigIdeas_2021.pdf?hsCtaTracking=4e1a031b-7ed7-4fb2-929c-072267eda5fc%7Cee55057a-bc7b-441e-8b96-452ec1efe34c
https://www.deseret.com/2018/6/19/20647309/twitter-reacts-to-trump-s-call-for-a-space-force
https://comptroller.defense.gov/Portals/45/Documents/defbudget/fy2021/fy2021_Budget_Request_Overview_Book.pdf
https://www.airforcemag.com/lockheed-receives-up-to-4-9-billion-for-next-gen-opir-satellites/
https://spacenews.com/northrop-grumman-gets-2-3-billion-space-force-contract-to-develop-missile-warning-satellites/
https://www.lockheedmartin.com/en-us/capabilities/directed-energy/laser-weapon-systems.html
https://emerj.com/ai-sector-overviews/lockheed-martins-ai-applications-for-the-military/
https://www.defenseone.com/business/2020/07/new-ceo-wants-lockheed-become-5g-playe167072/
https://www.wsj.com/articles/defense-firms-expect-higher-spending-11548783988
https://www.etf.com/ITA#efficiency
https://s2.q4cdn.com/661678649/files/doc_financials/2020/q4/4Q20-Presentation.pdf
https://investors.rtx.com/static-files/dfd94ff7-4cca-4540-bc4b-4e3ba92fc646
https://investors.lockheedmartin.com/static-files/64e5aa03-9023-423a-8908-2aae8c7015ac
https://s22.q4cdn.com/891946778/files/doc_financials/2020/q4/GD_4Q20_Earnings_Highlights-Outlook-Final.pdf
https://www.fool.com/earnings/call-transcripts/2021/01/27/teledyne-technologies-inc-tdy-q4-2020-earnings-cal/
https://investor.northropgrumman.com/static-files/6e6e117f-f656-4c68-ba7f-3dc53c2dd13a

Hello All,
I want to share my story of success in hopes that it gives you some hope. Everyone's path is different and some people just get it after a month, some people work 4-6 months, some people take 2 years.
On my 2-year journey of the LSAT, I read many posts on how to increase your score, particularly under certain conditions (see title); spanning reddit, tls, 7sage, and powerscore. Before score release, I was expecting another lack of score increase as several times before. For the sake of anonymity, I have only listed a few of my official scores, but I have taken the LSAT 4+ times and had no schools as of yet "judge" me, so keep up the hard-work and persevere. I feel blessed for the chance to get a good score since some of it IMO is related to chance (see "Casino Effect"), but also because I had a lot of support from my family and friends, and I had a good paying and somewhat flexible job that allowed me to spend a lot on different study methods / retakes. In retrospect, I don't know how much I could've reduced this by, but don't be deterred if you're low on cash, there are a ton of free resources that can get you there. I think I was a bit of a slow person in general. On the otherhand, the money I spent translated to $1000s more in scholarships and an, arguably, invaluable opportunity.
Background

• Graduated with a STEM degree (I wasn't good at the subject but it did give me a logic boost)
• Worked 50-60 hours with occasional travel
• Took online college courses toward my desired career path during this time
• Introverted but still enjoyed a good end of the week romp out at the town

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Timeline of Events - Jan 2017 to Jan 2019

• Score Pattern: Diagnostic - 149 (Jan 2017 ~(-24 LR, -15LG, -12RC), leaving unanswered blank) to 162 (Jun 2017) to some disappointing scores lower to 165 (Jun 2018) to 170 (Jan 2019)
  • Avg PT Majority of time 167-169
  • Highest PT Score - 176 (on a reused test after 12 months)
• Progression of Materials
  • Jan 2017: LSAT Trainer to get basics following a 4 month plan.
  • Apr 2017: 7Sage LG free material - Followed the fool proofing method to a -1 on LG (effectively do a section, review with 7Sage videos, redo until perfect and at estimated time to complete, and repeat) I did this for over 30 sections, repeating each tough one about 2-4 times
  • Gap from Jun 2017 to Jul 2017
  • Jul 2017: Bought 7Sage ultimate pack (Wish I would've known about this in the beginning). I did the core curriculum but I don't like learning concepts thru video. I got a lot of help from access to all practice tests and being able to review answers I got wrong and JY's explanations
  • Some disappointing stuff from Sep 2017 to Jan 2017. Made decision to postpone a year and take some time off of everything
  • Mar 2018: Private Tutoring and time off. I decided to get private tutoring and once and for all get this test out of the way. It set me back a lot financially, from the cost of sessions to the lack of job. This was a pivotal point so I will break this "era" out further:
    • During tutoring, I got to hear a different perspective as well as gain a more intuitive "voice" in working thru the problems. Quality over speed. I read somewhere you get the speed by getting better and this is true. you can't rush progress. My score improved the slower I took while also gaining an intuition to continue moving forward.
    • Every 3 days, I would do a back to back PT (8sections) with a 10-minute break between the test. It was tiring. No water until break, and no food until break. I ultimately gained endurance and enjoyment for going thru the problems. Everything was a relative breeze. This burned me out though when Jun came.
    • After PTs I would spend the next 2 days deep-diving LR. I would use an excel sheet to write out explicitly: question type, conclusion, premises / sub-conclusions, a pre-phrase answer, reasons why each answer was wrong
    • I had only about 10 PTs that I had not used during this time, but I did have PTs that I hadn't seen in a year, and I had sets 1-20 for drilling. I did it all, I mixed in new tests and they generally got me results about the same as the reused tests. I mixed in old tests with new tests, but the real deal still felt foreign.
    • I practiced meditation and writing down my stresses. (see https://7sage.com/five-strategies-for-combating-lsat-anxiety/)
    • On the June 2018 test, I underperformed by 4 points on my average but glad to get any improvement, and I had to get back to work.
  • After June, I went even further back to basics, I read Manhattan LR and RC. These books explained things in a way I couldn't even imagine. It was like being asked by Luke Skywalker what the force was... and I was Rey. You will find that gaps in studying set you back PT-wise, but as far as synthesizing, it's like your brain reconfigures itself to the new information. I had some major issues with Disagree type and MSS questions, so I also read PowerScore LR Bible. It was good but a little less dense than Manhattan.
  • Studying for Jan 2019: I took two months off the test (work really ramped up) and got back with a fresh perspective. I went back to my very first routine that got me PT Avg = Actual
    • Test conditions exactly as expected (3 sections, 10 min break, 2 sections). I found water was crucial, by section 3, my brain dulled as I lacked water. I made note of this and drank just the right amount before going into the test room
    • 7Sage analytics to identify weaknesses + being able to create custom packets, I drilled all the questions I had gotten wrong in the past two years and reviewed them all. On the particularly hard questions, I looked at them for all questions types. (eg. for a Flaw question, I would pre-phrase answers for MBT, NA, SA, Weaken, Strengthen, etc.)
    • Refocusing on identifying the flaw / structure of the LR question helped me enormously. That was all I needed for the bulk of the questions, it even cured my lackluster Disagree question performance
    • For RC, I went from a -12 the previous test to idk but would guess a -5 this test. I read The Economist articles and "The Concept of Law" by Hart (this book is awesome as a subject and an LSAT perspective), using the same structure identification I used on LR. the paragraph is effectively a long, sometimes convoluted premise. The Economist sometimes had multiple conclusions
    • I PT'd 168 and got lucky on test day over-performing by 2 pts. No meditation, just a mantra (see below)

Some things to note

• A self-realization I had was the immense stress and anxiety I had during test day. It was crippling me by still thinking of the questions on a prior section while working thru other sections. One post I read was from a sage on 7Sage saying that when he/she was taking the test, they realized that stress can only help them, it cannot hurt them. With that mantra, I went into the test with my stress, no meditation, and felt a peace going thru the problems (it also helped to have some law school acceptances already) (I wish I could find the post)
• Sleep is crucial. At least the month or so before the test, catch up on sleep. Its okay if you can't fall asleep the night before, I got like 5 hours. But prior, I had quit caffeine for a month and slept 8.5 hours a day where I couldn't sleep at night cuz I was too rested. I felt great.
• Don't binge drink: During this two year period, I reduced my alcohol to a bare minimum, maxing out at one drink every couple months. In addition, I quit caffeine. It really masks your sleep deprivation. But don't just quit the week before (bad results). It took me two weeks to not feel symptoms and a month to feel okay (cravings never went away, back on the addiction)
• Work Stress: work can stink sometimes, it's tiring and stressful. I recommend 3-5 business days off prior to the test
• Schools and scholarships. I did not get anything unexpected per mylsn.info. In fact, I got about what they expected. My rollercoaster score history on LSAT did not seem to effect my results (I did apply to T25s mainly and still waiting on other results)
• Learn to love the material. You will read so many random things about rocks, music, culture, economics, law theory, and some ridiculous LR arguments (you could also switch between reading foxnews and CNN articles for the same effect; it's funny how each side interprets the facts and even omits certain things the other doesn't, on purpose or unintentionally.)
• There are some truly great people on reddit/other forums (@Mauvedinosaur). Brings hope to what the future of law looks like.

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How I would do things differently (on a budget) (Actual -> Budgeted)

• LSAC LSAT Costs: 5x (~$1000) -- 2x (~$380)
• LSAT PTs: 7Sage and all books 41-81 (~$500 (prorated)) -- A few sparing recent books and some drill books (~$100)
• Curriculum Material: 7Sage, Manhattan, PS, LSAT Trainer (~$500) -- LSAT Trainer, Manhattan (~$50)
• Tutoring: 6 weeks ($1500) - 0 weeks, find an enlightened friend/reach out to 170+ mentors wanting to give back ~$50 (coffee allowance)

Total: $3500 vs $500 (probably less).
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I hope my post does not deter anyone and gives people hope for the different things we encounter on the LSAT journey. Reddit is a great community, 7Sage is too, Manhattan LSAT explanations are great. I am not a huge redditor but feel free to reach out with any questions/comments. Good luck to you on your journey!

I did an AMA about a month ago and as the title suggests I'm here to answer more questions related to casino security, the gaming industry in general, slots and tables games. So, AMA!

Date: Friday, December 18, 2020
Time: 2:00 PM PT, 5:00 PM ET, 8:00 PM GMT
Location: Seminole Hard Rock Hotel & Casino, Hollywood, Florida
Stream: DAZN

• 🏅IBF-Gennadiy Golovkin (40-1-1, 35 KOs) vs Kamil Szeremeta (21-0, 5 KOs) - 12 rounds - middleweight title
• Ali Akhmedov (16-0, 12 KOs) vs Carlos Gongora (18-0, 13 KOs) - 12 rounds - super middleweight
• John Ryder (28-5, 16 KOs) vs Mike Guy (12-5-1, 5 KOs) - 10 rounds, super middleweight
• 🏅WBA-Hyun Mi Choi (17-0-1, 4 KOs) vs Calista Silgado (19-11-3, 14 KOs) - 10 rounds - super featherweight title
• Reshat Mati (8-0, 6 KOs) vs Dennis Okoth (4-4-1, 2 KOs) - 6 rounds - welterweight
• Jalan Walker (6-0, 6 KOs) vs Diuhl Olguin (14-15-4, 9 KOs) - 6 rounds - featherweight

Expected main event start time is 5:00 PM PT, 8:00 PM ET, 1:00 AM GMT

You guys are nuts BB market cap 8B but holding a billion cash and won the FB settlement. This thing is a goddamn steal don’t ever be scared hold until the financials are released in March and watch this shit hit 30 a share. NO THIS ISNT A SHORT SQUEEZE WE KNOW THAT, everyone on wsb longer then 2 weeks knows the DD on BB this is the real deal.
Holding 3000 shares @ 13.25 PT is 30 by April not 300$$$$ in a week this is casino but I’d rather have BB then cash