VP, Operations at Doofenshmirtz Evil Inc. Member of @MicroCapClub
Myrtle Beach, SC
Joined October 2013
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The downside to having an illiquid portfolio is that you underperform on down days because all of your positions are shitcos that everyone is desperate to sell for any reason
Fun fact @macrocephalopod taught me a while back: Tether ($USDT) take t+1 and charges 10bps to convert tether back into cash. On the assumption this trade is fairly safe, tether gives you a good barometer of how expensive arbitrage capital is during moments of stress.
The basic math is that every bp below .999 represents a ~3.5% return to the arbitrageur. At the current price (.9978), the implied opportunity cost of capital for HFTs is nearly 44%
There are a lot of problems with how the Trump accounts are currently set up but it does have a lot of potential in terms of a government administered process for charitable donations in the form of direct cash transfers
IRS commissioner pledges to donate $250 for every child age 2-8 in his Brooklyn zip code
irs.gov/newsroom/frank-bisig…
$TSSI, whose revenue is sensitive to data center capex, just announced that they signed onto a 7-year warehouse lease for 4x their current footprint, right as the AI capex story became wobbly 👀
Last bit to add to this, with Capital Cycle dynamics in mind. If a company:
-in a quasi-fad industry,
-with low-ish barriers to entry,
-and giant looming competitors
leases a brand new 324k sqft manufacturing facility, that is a reason to run away, not buy more!
$SOWG
The eagles play an evil brand of football. The offense is powered by fake catches and phantom penalties
FWIW market today feels a lot more orderly than eg April 2025. I realize that’s not saying much but 🤷♂️
Your social media diet matters folks…
Not sure where that chart is coming from. Open AI number closer to 50 and growing linearly.
teapawt.net/tickerplus/status/2104…
+22.5% in Q3, +46% ytd.
VASO drove most/all of it. Still haven't sold shares there.
Sold PDEX and CTZ.V
added to VPRB
Initiated in DSWL and the Series A
