PugCap

The 200m worth of Semnur Stock $SCLX claimed to have swapped for 200m of bitcoin is now worth ~7m USD, this $DVLT 50m worth of bitcoin transaction announced today sure seems suspicious...

$NEGG Galkins want out of their failed Newegg short squeeze, just filed to dump about 1/3 of their position, with insiders looking to sell another 5.5m

$IBRX The PSS flywheel Lie about Anktiva, increasing ImmunityBio market cap by billions and his own net worth in the process Receive FDA warning letter Play victim to rally the bagholders Rinse, repeat

$STEX the "boy wonder" CEO has set a new standard in shareholder wealth destruction. Don't say you weren't warned $BSGM

$DVLT That imaginary 92m in bitcoin from Henry Ji ain't fooling anybody.

@Zackfoot I believe the deal was downsized from 200 to 150?

Buying $VIR pre-mkt at close to last night’s $8.50 raise is a gift. Mgmt should have limited deal to $100mm 😒 By raising the deal size to 150, they brought in funds and are not long-term holders and are looking for a quick pop for 20 or 30c in the premarket/trading day and then running for the hills. That temporary dislocation imo is our opportunity. Buying $VIR $8.60

$NAK

Given the horrific pricing of last night's $JOBY raise, what type of discount does illiquid 3rd tier eVTOL Vertical Aerospace raise at? $EVTL

@elkwood66 Geert has put out similar PRs, I can assure you

@PugCap Patrick Shoon reminds me of Geert Kerston! Just sayin bro

$IBRX Jan '25 "FDA gave unanimous guidance and encouragement" -> May '25 "FDA issues Refusal to File" Jan '26 "we can submit sBLA with additional info w/o new trial" Something tells me these guys aren't being up front with investors about these conversations with the FDA

$IBRX with the classic bioturd PR this am, "the patients in our cherrypicked study aren't dying so it must be working"

@accounting_ds Why are you continuing to push this false narrative "82m inventory" when it is a single isolated instance of an LLM hallucination in an AI written summary from "Streetwise"? All the analyst coverage (Roth, Needham, ThinkEquity, Stonegate) shows the correct information. $VLN

Today I entered $VLN, I honestly can’t write something better than the post I attached, and quite frankly it was Serenitys post who introduced me to the name so ill share the original as it is the best representation of the thesis What I like- because of their design wins from 2024-2026 they established competitive edge, now they must convert to volume production by 2027-2028 to justify the growth narrative If the European OEM programs ramp as planned and additional wins follow (catalyzed by Mobileye’s endorsement), $VLN becomes a multi hundred million dollar connectivity franchise Furthermore to directly quote from the post - “The market and algorithms that scan for the reports thinks $VLN is sitting on >1 year of dead inventory ($82M) and burnt through their $93.5M cashpile on unsold chips. We can mathematically prove this is a typo using the company's official Q3 2025 balance sheet: Total Assets: $136.7M Cash: ~$93.5M Remaining Room for Assets: $136.7M - $93.5M = $43.2M. If inventory were actually $82M, Total Assets would have to be at least $175M ($93M cash + $82M inv). This inventory figure is mathematically impossible.” - Serenity So clear potential MOAT (the potential part is what it makes it high risk high reward, nothing is set in stone for this company), fortress balance sheet (for size of company), and completely miss valued based off algorithmic mistakes I also am not married to the name, if $VIX goes crazy or for whatever reason I want to cash out early I will and I can, I see this more as a swing trade with the reservation of holding long term if the bullish scenario plays out, base case this is a miss valued company waiting to get back closer to fair value

$IBRX ANKTIVA couldn't save the Dilbert guy so the CEO has to find other creative ways to pump the stock

If your company had "cured cancer" you wouldn't be commenting on the number of shares it traded. $IBRX

$VLN This account moved the stock 75% in a day by misrepresenting a single instance of an LLM hallucination in an AI-generated summary article. Every analyst note reflects the correct financials (11m in inventory, not 82m) this is just a lazy pump job.

Scilex aggressively dumping their $DVLT shares, unclear if this is related to the loan default

Scilex already in default with $DVLT at these prices. $SCLX

How long until Scilex 100m loan collateralized by pledged shares of $DVLT blows up? Already nearing the 20% down clause

@traderjoe2869 No. sec.gov/newsroom/press…

@PugCap Tingo is putting solar on their food processing building in 2026 . Using tae solar and batteries.

$DJT is merging with TAE Technologies, the company that signed a power deal with fake Nigerian Fintech company Tingo just two years ago.

@traderjoe2869 Which is a subsidiary of TAE Technologies.

@PugCap Nah. power-solutions.tae.com