Drive Shack Inc (DS) Quote

$DSHK: Wow..... only $0.24/sh.............. value opp

This is too low for the top line revs it generates.


GO $DSHK

$DSHK : AMAZING REVENUES.... $93Milly last quarter

And only $25Milly market cap..... stupid undervalued here at $0.36

Someone should buy this up.

They are gonna beat 2022 annual revs of $325MILLY.

BUY bbuyyyyy buyyyyyyyyyyyyyyyyyyyyyyyyy .... and don't look back.


GO $DSHK

WTF??? I MADE A TYPO GETTING TO THE DIS BOARD AND WHO DO I SEE TRAPPED IN THIS DELISTED POS??????

LMAO!!!!!!!!!

I remember when this was a good stock.

DSHK monster

DSHK...HERE WE GO

DSHK...........................http://shortvolumes.com/?t=DSHK

DSHK...WATCH HER FLY........FOUR!!!!!!!! WHOLE IN ONE COMING UP.

Upper gap fill puts it on top

MODG trades at $23 you would think this would get more support considering Puttery. Baby steps I suppose.

DSHK the break out took place....gap fill!!!

Haha I’m in at 21

Lmfao, dumped to 20s.

Finally breaking out of its range. Volume building too

DSHK TO 40C

DSHK MONSTER

DSHK ON THE MOVE

DS changed to DSHK. Delisted from the NYSE to the OTC. NOTE: All series of Preferred Shares also delisted to the OTC.

https://otce.finra.org/otce/dailyList?viewType=Additions

Amid a Housing Crunch, Homes Pop Up on the Fairway (5/24/22)

https://www.nytimes.com/2022/05/24/business/golf-course-redevelopment-housing.html

just bought some 1.36 for a "swing"...

this is like Top Golf here on the west coast.

Rory McIlroy to Make Strategic Investment in Puttery With Drive Shack Inc. (7/12/21)

Professional golfer Rory McIlroy and partners will own at least 10% of all venues under development today, as well as optional investment in future venues, via Symphony Ventures.

DALLAS--(BUSINESS WIRE)--Drive Shack Inc. (the “Company”) (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, announced today it has signed a definitive agreement with global golf superstar Rory McIlroy and his team. Their investment partnership, Symphony Ventures, will make a strategic investment in Puttery, Drive Shack Inc.’s newest competitive socializing and entertainment golf experience.

“Puttery is an immersive, unique and one-of-a-kind entertainment golf experience – it is an exciting and logical partnership for me and my investment group,” McIlroy said. “I have been collaborating with the Drive Shack team for more than two years on Puttery and have remained engaged throughout its entire evolution. I look forward to the opening of our first Puttery venues this summer in both Dallas and Charlotte and am committed to investing in the growth and development of future Puttery venues, contributing to their success in the coming years.”

Symphony Ventures has committed an investment of at least $10 million over Puttery’s three-year development schedule, in exchange for 10% ownership in the equity of each Puttery venue that is planned to open through 2023 at a price equal to 10% of the total cost to build each venue. Investments will begin with the first Puttery location near Dallas (The Colony, Texas), and continue consecutively on a venue-by-venue basis until the commitment is satisfied. Thereafter, Symphony Ventures will have the right, but not the obligation, to invest on the same terms through all Puttery venues that open by the end of 2023.

“Everyone knows Rory is a highly respected, world-renowned golfer. His deep knowledge and perspective of the game will be instrumental for many years to come as we further expand our Puttery brand,” said Drive Shack Inc. Chairman Wes Edens.

Drive Shack Inc. plans to open or nearly complete a total of seven new Puttery venues by the end of 2021, with four of the locations previously announced in Dallas; Charlotte, N.C.; Washington, D.C.; and Miami.

“Rory and his team have been incredible partners throughout our entire Puttery evolution,” said Drive Shack Inc. President and Chief Executive Officer Hana Khouri. “Their involvement and viewpoints have helped shape this innovative concept from the start. We look forward to building a long-standing relationship with Rory and his team, bringing our Puttery vision to life in the coming weeks.”

A pro-rata cash distribution of venue net cash flows equal to the ownership percentage will be made to the investment group on a quarterly basis. In lieu of a cash distribution, the investment group may elect to deposit cash returns into a capital account designated to fund investments in future venues through 2023. Beginning in 2024, the investment group may elect for all or a portion of the venue LLC interests to be converted into common equity of the Company. Please see the Company’s Form 8-K filed today for the full terms of the definitive agreement.

The foregoing description of the investment transactions is qualified in its entirety by the description included on the Form 8-K filed by Drive Shack Inc. concurrently with this press release.

About Rory McIlroy

Rory McIlroy is a professional golfer from Northern Ireland. A member of the European and PGA Tour, Rory has won 28 tournaments worldwide, including four major championships and two FedEx Cups. So far, he has spent 106 weeks as number one in the Official World Golf Ranking. Rory has partnerships with NBC, Nike, Omega, Optum and TaylorMade. In addition, Rory is the lead partner of Symphony Ventures, which has an investment portfolio of technology companies across health, wellness, and golf.

About Drive Shack Inc.

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Today, our portfolio consists of American Golf, Drive Shack and Puttery.

About Puttery

Puttery is a modern spin on putting, re-defining the game with unique twists at every hole. Bold and full of possibilities, guests can enjoy a high-energy atmosphere, combining competitive socializing and innovative auto-scoring technology within an immersive experience as they move from one course to the next. With plentiful curated culinary offerings and inventive craft cocktails, all centered around a lively bar area with great music, guests can nosh the night away before, during and after their tee time. The first two venues will open in Dallas and Charlotte, N.C., with additional locations coming to Washington, D.C., and Miami later this year. To learn more or plan your visit, please visit puttery.com.

https://www.businesswire.com/news/home/20210712005236/en/

Not complaining that the rise is not slow...

* * $DS Video Chart 03-12-2021 * *

Link to Video - click here to watch the technical chart video

Fortress deals tend to follow a pattern.

The market price tends to stabilize for few days around the secondary offering price and then slowly begins to rise to levels seen prior to the sale.

Hi EI, why do you think a steady rise is in the making, are you seeing a pattern?

Chairman Wesley R. Edens purchased 672,780 shares sold in the offering at $2.40.

Edens owns 10.2 percent.

https://www.sec.gov/ix?doc=/Archives/edgar/data/1175483/000114036121003101/nt10019272x3_8k.htm

Expect a slow and steady climb from these levels.

Drive Shack Inc. Announces Pricing of Public Offering of Common Stock (1/29/21)

NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS, the “Company”), a leading owner and operator of golf-related leisure and entertainment businesses, announced today that it priced its underwritten public offering of 20,833,334 shares of common stock at a price to the public of $2.40 per share for gross proceeds of approximately $50 million. All shares of common stock are being offered by the Company. The Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 3,124,999 shares of common stock. The offering is expected to close on February 2, 2021, subject to customary closing conditions.

The Company intends to use the net proceeds from this offering for investments and general corporate purposes, including for working capital and the planned development of five of seven Puttery venues in 2021.

BTIG, LLC is acting as lead book-running manager and Craig-Hallum Capital Group LLC is acting as joint book-running manager for the offering.

The offering is being made pursuant to the Company’s effective shelf registration statement on Form S-3 (333-251671) filed with the Securities and Exchange Commission (the “SEC”). The offering is being made only by means of a prospectus and a related prospectus supplement. Prospective investors should read the prospectus supplement and the prospectus in that registration statement and other documents the Company has filed or will file with the SEC for more complete information about the Company and the offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus supplement and the prospectus may be obtained from BTIG, LLC, 65 East 55th Street, New York, NY 10022, or by e-mail at equitycapitalmarkets@btig.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Drive Shack

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses.

https://www.businesswire.com/news/home/20210129005124/en/Drive-Shack-Inc.-Announces-Pricing-of-Public-Offering-of-Common-Stock

Drive Shack Inc. Announces Proposed Public Offering of Common Stock (1/28/21)

NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS, the “Company”), a leading owner and operator of golf-related leisure and entertainment businesses, announced today the launch of an underwritten public offering of $50,000,000 of shares of common stock, subject to market conditions. All shares of common stock are being offered by the Company. The underwriters have agreed to purchase all of the shares offered and the Company intends to grant the underwriters an option for a period of 30 days to purchase up to an additional 15% of the number of shares of common stock sold in the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The Company intends to use the net proceeds from this offering for investments and general corporate purposes, including for working capital and the planned development of five of seven Puttery venues in 2021.

BTIG, LLC is acting as lead book-running manager and Craig-Hallum Capital Group LLC is acting as joint book-running manager for the offering.

The offering will be made pursuant to the Company’s effective shelf registration statement on Form S-3 (333-251671) filed with the Securities and Exchange Commission (the “SEC”). The offering will be made only by means of a prospectus and a related prospectus supplement. Prospective investors should read the prospectus supplement and the prospectus in that registration statement and other documents the Company has filed or will file with the SEC for more complete information about the Company and the offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus supplement and the prospectus may be obtained from BTIG, LLC, 65 East 55th Street, New York, NY 10022, or by e-mail at equitycapitalmarkets@btig.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Drive Shack

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses.

https://www.businesswire.com/news/home/20210128006131/en/Drive-Shack-Inc.-Announces-Proposed-Public-Offering-of-Common-Stock

Sweet. I have 140 contractor or so I bought when they were ways sub 2. February 19 An May 21 of $2.50

Nice - I also bought 200 Feb 5s @ 15 cents and sold 100 at 45...Stock is up after hours and won;t be surprised if we open Thursday north of $5-6

My 2.50 options went up 120% today. ??

Just bought 20k shares - this may see $20 this week with more hype

Drive Shack Inc. Announces Collaboration with Professional Golfer Rory McIlroy and its New Indoor Entertainment Golf Experience, Puttery (1/26/21)

Rory McIlroy to make significant investment in the future growth of Puttery via his investment vehicle, Symphony Ventures

Puttery is Expected to Debut Summer 2021

NEW YORK--(BUSINESS WIRE)--Drive Shack Inc. (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, announced today that it is partnering with global golf superstar Rory McIlroy on its entertainment golf brand. Puttery is the Company’s new indoor, small format entertainment experience that will feature high-tech mini golf and premium food and beverage offerings.

“I am thrilled to partner with the Drive Shack team on their new entertainment golf experience,” said Rory McIlroy. “Once Covid is under control, the ability to combine high-tech mini-golf with a high quality food & beverage menu will make Puttery a great experience for any social gathering. I am personally making a financial investment in the growth of future Puttery venues across the country and can’t wait to debut our first Puttery in Dallas this summer.”

“Rory is one of the best golfers in the world. His experience and viewpoint that he will bring to Puttery as we grow and expand will be invaluable and really help further fuel our success,” said Chairman Wes Edens.

“We are so excited to partner with Rory McIlroy as we near the launch of our first Puttery venue in Dallas this summer,” said Hana Khouri, President and CEO of Drive Shack. “Since first meeting Rory and discussing the vision for our new indoor entertainment golf experience, he has remained highly engaged and committed to investing in the future expansion and success of Puttery. There is no other person that we’d rather collaborate with for this project and we look forward to building a long-standing relationship with Rory and his team.”

Drive Shack expects to open its first Puttery location in The Colony/Dallas, Texas in the summer of 2021, followed soon thereafter by a second location in Charlotte, North Carolina. Drive Shack has previously announced it plans to open an additional five Puttery locations by the end of 2021 and 10 additional locations by the end of 2022.

The terms of Drive Shack’s partnership with Rory McIlroy are set forth in a non-binding memorandum of understanding and remain subject to the execution of definitive documentation.

About Rory McIlroy

Rory McIlroy is a professional golfer from Northern Ireland who is a member of both the European and PGA Tours. Rory is a four-time Major Champion, two-time FedEx Cup winner and, thus far, has spent 106 weeks as number one in the Official World Golf Ranking.

About Drive Shack

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses.

https://www.businesswire.com/news/home/20210126005913/en/Drive-Shack-Inc.-Announces-Collaboration-with-Professional-Golfer-Rory-McIlroy-and-its-New-Indoor-Entertainment-Golf-Experience-Puttery

Nice action in the last week for DS!!

NEWS: $DS Drive Shack Announces Third Quarter 2020 Results

Provides Business & Financial Liquidity Update Drive Shack Inc. (the “Company”) (NYSE: DS) today reported its financial results for the third quarter ended September 30, 2020. The Company also provided an update on the business, as well as measures it has t...

Read the whole news DS - Drive Shack Announces Third Quarter 2020 Results

JUST IN: $DS 3 Penny Stocks to Buy Under $3 Right Now; Are They Worth It?

3 Penny Stocks To Buy For Under $3 But Are They Worth The Risk? Are you looking for penny stocks to buy now ? What matters the most? Some traders think that price is the first thing to look at. I’m sure many would disagree with this but at the end of the day, we are talki...

Got this from DS - 3 Penny Stocks to Buy Under $3 Right Now; Are They Worth It?

JUST IN: $DS Are These Epicenter Penny Stocks To Buy Or Avoid? 1 Up 196% YTD

Is It Time To Find Epicenter Penny Stocks To Buy Right Now? You’ve probably read some of our articles discussing “ epicenter stocks ” over the last few months. In particular, epicenter penny stocks are what we’ve targeted. Earlier this year, Funds...

Got this from DS - Are These Epicenter Penny Stocks To Buy Or Avoid? 1 Up 196% YTD

BREAKING NEWS: $DS Drive Shack Announces Key Leadership Additions

New Chief Financial Officer to Join Company on September 28 Drive Shack Inc. (the “Company”) (NYSE: DS) is pleased to announce the appointment of two key, highly talented and accomplished executives to its leadership team. Michael Nichols has been named Chi...

In case you are interested DS - Drive Shack Announces Key Leadership Additions

Well that sucked. I was hoping they were going to blow it out...will hold through next qtr.GLTALL.

News: $DS Are These Penny Stocks Your Vice? 'Sin Stocks' To Watch In July

There’s More To Sin Penny Stocks Than Cigarettes & Beer Ever hear of vice penny stocks or sin stocks? If you haven’t, that’s ok because I’m going to tell you the answer to the question, “ what are sin stocks ?” These are shares of companies that ...

Read the whole news DS - Are These Penny Stocks Your Vice? 'Sin Stocks' To Watch In July

Is it time to add?

No worries this should come close to 4$ in no time. Sit back, relax, and crack a beer DS $$$

I got my first shares today at $2.24. Wish I had pulled the trigger last week, but its got alot of room to run.

This will be at 3$ next week. I dont want to hear you saying i missed the under 3$ buys too!

I missed the under $2 boat. What a bummer!

Awesome day! What an open and a nice close.

* * $DS Video Chart 05-20-2020 * *

Link to Video - click here to watch the technical chart video

* * $DS Video Chart 05-19-2020 * *

Link to Video - click here to watch the technical chart video

Ok I’m in got some 1.50s and 1.40s , patients pays off . Let’s hope this market don’t tank tomorrow