Sublime

Posted a trade idea for tmrw for subs $235M contract just awarded to a micro cap with high short interest

What is your highest conviction idea with a market cap below $5 billion?

A good summary of the $CLBT opportunity - I think it is a high quality business with attractive Long Term prospects (no idea on the quarter) - I assume private equity buys it and we don't get to see all of the progress in the public markets. Full Disclosure - Long https://t.co/oE7183BVdC

I’d rather buy slighthly more expensive mid-cap Memes that I know are Cults with an insanely strong community, than gamble on “cheaper” low-caps full of mercenary rotatooors that routinely die in a week.

I run a little deep-tech angel investing group where we share deals, take them apart, usually from an engineering and physics-first perspective. DM me if you care to join but I filter pretty aggressively 😈

$OTCM looks like a smaller cap opportunity at ~$700m. Using a McKinsey back of the napkin valuation comparing EV/EBIT to forward estimates on ROIC spread + revenue growth: - fwd EV/EBIT at 17.4 - 5yr ROIC at 60%; use WACC of 10% = 50% spread. I typically cap this at ~20% 1/