Perpetual Beta

@Larryjamieson_ @evrgn11112231 Yeah I was more thinking existing management just says ”yeah this won’t work”

@BananaPrinciple @evrgn11112231 plenty of liquidations over time... usually requires a change of management/control tho

the thing about buybacks is that if you don't have terminal value problem they can be pretty good if you do have a terminal value problem, they are not very good it's hard for a management team to admit they have a terminal value problem and return cash another way

@evrgn11112231 @Larryjamieson_ Do we have examples of managers saying ”it’s over guys” and just start emptying the coffers with dividends? On public market companies? Can’t think of any (for obvious reasons) but would be pretty cool case study.

@Larryjamieson_ Also in businesses with terminal value problems they not only don’t pay dividends they often trash margins trying to survive instead of entering runoff mode.

@JerryCap Hahaha I had not realized the situation was this bad

💩💩💩Compounding Quality 💩💩💩 I am blocking anyone associated with this account.

@TMTLongShort Looks like a close call

Elbows up 😉

@P_Remarks Laughing hard at this to hide the pain as I have been saying this myself on a few names today. The best longs can hope for is a brief short squeeze so that they can find a buyer for their stock

Market in search of SoftCos

@Larryjamieson_ Stock may have gotten silly near peak, fair, but this level feels equally dumb

$HEM.ST raising the dividend after shares are down 58% in the last year

@KlendathuCap I think it is more the LARPing people get tired of. Too many neckbeards power tripping on stuff that has 0% to do with them. Dunno what is the driver, low-T, not getting girl attention at school - not sure but there’s a lot of dudes pretending they are war captains nowadays.

@WaterworldCapi1 This kind of talk has been going on in political shows in a lot of western mid/small countries after Greenland. If we keep on repeating the lie even when it no longer benefits us in any way what does that make us? Things like that. He is just saying it on a stage now.

Btw 25% of GDP is exports to the US. 17% of GDP tied to imports from the US. You Canadians are cooked...poking a bear with a stick.

What's your favorite Canadian shorts here?

@jeuasommenulle @MrHarryCole Losing battle answering these guys. 1) A person with half a brain would realise he must have an eye condition. 2) It takes less time to Google the answer than for him to publicly ask ”seriously tho”. He wants to pretend as if the reason is a mystery because he is a troll.

@MrHarryCole He's got an eye condition

Seriously tho why is he wearing them

Bill Ackman DD before retweeting a totally made up citizen journalist ”BREAKING 🚨” headline

@ChairliftCap Noticed too

So sell-side spec sales is basically just Twitter now

@InnocenceCapit1 x.com/bananaprincipl…

Seems like bill Ackman spends a large part of his day reading and retweeting some of the dumbest motherfuckers on this platform. Concerning.

@JerryCap Any good GPN write-up? Buyside/blog/sell side?

Think of the $GPN alpha when everything in the US trades down to China ADR levels

@KlendathuCap @MadsPosting There is simply no deal acceptab-

@JerryCap The place is already full with whoever runs Outlook search

Whoever is in charge of gmail search should be in prison

@marketplunger1 Taxi drivers shooting a ”feces cannon” across streets of Paris when yellow vest protests were running few years ago. That was peak performance.

@marketplunger1 *French - it is the french that are GOAT

Europeans are the Michael Jordan of protesting.