Prepared Remarks

@10009nyny @jnconkle Don’t think it’s mean reversion. Cheap multiple, levered to same things as semis except has a recurring revenue software business attached to it, better hyper than xAI, one of the most connected CEOs in the world

@P_Remarks @jnconkle Love Prepared’s mean reversion trades….i mean investing style

Bought Orcl again. Last time was a quick 30%. This we ride to zero

@semispodhell Easy way to express it and can be long semis against it

@P_Remarks Feels like ppl shorting it as OpenAI bankruptcy play just feels lazy

@ValueNotDeadYet Yes and codex adoption/ OAI new model is good

@P_Remarks You figure if not now when ?

@modestproposal1 Would you guess more or less than the equity value increase of SPCX from last year to current

@P_Remarks genuinely curious what the peak combined market cap of this thread was x.com/modestproposal…

Funny (and sad) that Enron is one of all time American corporate fraud tales and it peaked at only $70B mkt cap while modern markets are so broken that trash like LCID was >$100B mkt cap in 2021

@HatCeltics Neither of those things happened but this did 3) I banged your mom and she cried

@P_Remarks Step 1) the market reprices stocks based on what new info says about the future Step 2) p remarks cries about it because his value traps trade down again

IBM profit warned so bid RKLB +5%, fake robot company CCXI +10% and all shitcos. My favorite was ibm calling out companies prioritizing cyber but all cyber stocks being down pre market

@R_and_Invest It will

Even though Brain’s math to $Meta EPS is 🗑️ I feel like $Meta is one stock that might go green even in this tape

@semispodhell @CKCapitalxx lol’d

@CKCapitalxx @P_Remarks it’s happening already

It’s crazy that $META is only a $1.7 trillion company when you list out what they actually own. WhatsApp. 3.3 billion users. The default messaging app for most of the planet. Bought for $19 billion, worth multiples of that now. Facebook. 3.07 billion monthly users. The largest social platform in human history, still growing. Instagram. 3 billion users. The default photo and video app for an entire generation, and one of the most valuable acquisitions ever made at $1 billion. Messenger. Another billion-user platform on its own. Threads. Youngest of the family and already past 400 million monthly users. Add it up and almost 4 billion people, half of humanity, touch a Meta app every month. Then the products stacked on top. The ad machine that prints over $160 billion a year and funds everything. Ray Ban Meta glasses, the first AI wearable that actually sells. Quest headsets. Meta AI pushed to billions of users overnight. Their own AI chip, Iris, entering production. And a compute buildout scaling to 14GW that rivals entire nations’ power grids. One company owns the attention of half the species and is converting it into an AI empire. $1.7 trillion might end up looking cheap.

@NegativeAlp Been going on for a good 6 months right in-line w/DAUs declining and around the time of new charging for memory storage

$SNAP engagement has to be close to rock bottom because they're now emailing me memories. My brother in christ, the last thing I want to see at 5PM on a Sunday is what I was doing in June 2016. Mentally I am initiating a short.

Hormuz is closer to being closed than open #MacroEdge

@fakeinvestor123 Difference is use for training data vs those 2 but idk how much premium that’s worth. Those deals should prob be finite DCF if usefulness erodes after initial scraping

@P_Remarks What a fkn joke of a multiple. Once this thing cracks straight to 10x. Rddt no better than the other two niche audience mid funnel platforms PINS and SNAP

@DavidWeinetayg The E was fake for them when they traded at huge multiples too. It’s just growth

@P_Remarks Don’t lump APP and RDDT with the rest of them. SNAP and Pins trade at low multiples because the E is fake it’s all SBC and SE is not an American company

@DavidWeinetayg It’s not but it’s so specific. Also PINS/SNAP/APP/SE etc show that internet/ad stocks can trade at very low multiples adj for growth

@P_Remarks That’s not expensive for a company growing that fast 😭😭

@balkantraveler1 Read that China tech has improved too and local players gaining share

@P_Remarks They've had targets they did not deliver in the past as well. So really show me story. And also china is pretty important for them. So that has not helped the story. Messy, lumpy orders, and many fuckups. Market is not unfair. But there is money to be made here

Anyone in med tech have an opinion on Elekta $ekta?

@balkantraveler1 This was my read too. If you believe what they laid out in the investor day then it’s a long. But nobody believes it

@P_Remarks New ceo is pretty good. They need a good kick in the but. The delay in approval did not help them to gain confidence after so many fuckups. One to watch, no ones believe the turnaround but ceo is a bowl of fresh air and he has mandate to change things.

@TheNarrenschiff Their investor day pitch recently is margins going higher bc of s/w / service improvement while at the same time growth accelerated in US and with a product cycle

@P_Remarks It's been a while since I did a very deep dive and talked to a bunch of customers globally, but that has been the case for some time and I don't believe it's changed much.

@ContrarianCurse Bruh