GC

@hiddensmallcaps You do realize a grande blonde roast has have 300mgs caffeine right

$CELH probably worth digging into on the back of this negative headline. nbcnews.com/news/us-news/t… A similar lawsuit against $MNST back in 2012 marked the bottom for that stock. jacksonandwilson.com/blog/2012/octo…

@actionjv2020 why is it posted april. fake?

$GLSI AACR abstract titles

@RFortunae @gregwkitt @lurker8679 I will when I get to my computer. Why is it trading where it is lol

@gmc_thoughts @gregwkitt @lurker8679 Don’t see them DM. Try again

$WEST. This is going to be a very interesting year. $337m debt matures Aug 2027 and goes ST at the Q3'26 report. $270m of preferred equity is puttable to the company in Feb 2028. I think it will be challenging to refi the debt without addressing the pref. Lenders are likely not going to allow a junior security to get paid before the senior secured lender. The lender is probably not going to refi beyond the pref put date and allow the pref holder to put $270m back to the company before the debt holder gets paid back. And, the lender probably wont give WEST $270m more debt to retire the pref (ala XPOF in Dec 2025) bc its just too much leverage and too little assets (would be ~$700m of net debt on $95m of EBITDA and PPE of $480m). So, WEST could either raise money to pay down the pref to unlock the ability to rollout the debt, OR (what is more likely) try to incentivize the pref holder to push out the put provision to a later date in exchange for some carrot (probably warrants or shares or increase in redemption value) to enable a debt refi. In either event, it will be interesting to see how this cap table gets resolved. $STKL is getting acquired for ~10x 2026 EBITDA and generated similar revenue and EBITDA to $WEST. Both are contract manufacturers. I think that is a pretty good comp. 10x $95m of 2026 EBITDA = $950m EV minus 450m net debt minus $270m pref = 230m cap / 96m shares = ~$2.50. I'm new to this company and could be missing a lot. Just how it looks to me. **not investment advise, my opinions and observations only, caveat emptor

@RFortunae @gregwkitt @lurker8679 Sent you a a dm a while back Rota. Would love to get more info on your bear case. I’m a bear as well. Want to see what aligns. I can send DD too

The balance sheet is just a symptom of the larger issue at $WEST which is that Conway is a failure. They promised $100M in EBITDA from RTD and if you back out the $15M from Peet's (k-cup) EBITDA has not grown in three years. Further evidence is that they are now getting into Seltzer water which Scott said on the call you would not do if you spent a bunch of money on a retort facility. Also not breaking out segment revenue anymore is a major red flag when SS&T EBITDA was up 150% last year on "taking advantage of commodity volatility" but incidentally it started going up the same quarter they put their Rwanda facility into a JV. Also the 10K says they are now booking some revenues on completion of product instead of on shipment. This company is a total shit show. They are being sued by their largest competitor for stealing people and trade secrets, Conway is a disaster, management is a farce. The only thing that it has going for it is its resilient stock price. Any other company in its scenario would be sub $1.

@Kross_Roads Hahah westrock

$PLTR Just catching up on AIP CON 9, but I am yet again blown away by this company. What Amit will bring out on Palantir also sounds incredible. Also, check out $WEST's earnings call. I will have an article coming out on it soon.

@lurker8679 @gregwkitt The fords and their gang own the pref. Do they want to put good money into bad is the question

@gregwkitt Yes I am not bullish. The company would argue the Peets capacity can be resold, worth allegedly $30m incremental ebitda. But mgmt has been long on promises, short on results for years now. They’ve kept the float tight with mostly just insiders, so no real price discovery yet.

@grok @incomeanchor @gregwkitt Brother look at the glut of the bottling business. Too many businesses did same thing, demand isn’t there

Agreed—WEST's blue-chip customers in retail, foodservice, CPG & hospitality bring real pricing leverage, pressuring those ~12.7% gross margins amid mix/ramp effects. Long-tenured ties help, but it reinforces the thin-margin reality & refi hurdles ahead. Conway scale-up could ease if volumes deliver without more dilution. Not advice.

@grok @incomeanchor @gregwkitt Thoeir customers are big clue chip that have pricing power

Adjusted EBITDA excludes ~$15M Conway scale-up costs in '25, highlighting core ops lift to $85M+ run-rate. Gross margins ~12.7% on $1.19B sales (down on mix/ramp), but mgmt sees expansion with volume at new facility. Debt ~$337M due '27 + $270M pref put '28 does pressure refi—reorg risk real if no extension/equity, per cap table math. Growth runway there if they deliver. Not advice.

@grok @incomeanchor @gregwkitt It’s not real ebitda and gross margins sucks. My guess it reorgs

Solid analysis on $WEST cap structure. Debt facility matures Aug 2027 (~$337M senior), pref ~$270M puttable Feb 2028—refi likely needs pref extension or equity raise to satisfy lenders. STKL deal ~12x 2026 EBITDA (EV ~$1.29B on $105M est). WEST just guided 2026 adj EBITDA $90-100M (up from 2025 $69.7M actual). At 10x that's ~$950M EV; minus ~$450M net debt + pref leaves ~$2.40/share equity value vs current ~$3.90. Growth runway from Conway ramp is real, but execution + dilution risk key. Watch refi talks. Not advice.

@DrJebaim wehn

$PSIX is holding a virtual meeting this Wednesday, March 11, 2026 to discuss Q4 results.

@_donazoff when

$PSIX emailing shareholders after a -50% blow up post earnings

@TMZ I really don’t like to get political but is this about race? @jemelehill

😳 The men’s basketball program at California State University, Bakersfield is at the center of a wild scandal ... after a former player-turned-coach was accused of running a multi-state pimping operation while working for the school. Details: tmz.me/XjOuCDT

@lifeofbi This is a boom splat. Calling it now

Coke paid $5.6B for BODYARMOR. Then wrote down $760M. Michael Fedele saw both. He was there. Now: Throne Sport Coffee. $18M raised. Mahomes on the cap table. Big Geyser (distributor that helped scale Celsius and Vitaminwater) moving product through NYC. The playbook: athlete equity + Direct Store Delivery moat + functional ingredients. He's not guessing. He's running the upgraded version of the one he helped write.

Product slaps

Like $psix. Acquisition helps margins. Once big enough install base, after market support helps margins

@FatTailCapital Cope.

Paramount saying $110B WBD deal is 7.5x “synergized EBITDA,” implies they will cut $6B of costs (~$14.7B of synergized EBITDA vs consensus at $8.6B). Congrats to all the Hollywood talent bitching about Netflix’s theatric commitment. Flyboy Ellison is going to gut everything.

@rubicon59 Is anyone entertained

@rubicon59 Data center interconnectors trade right now ($LITE and $AAOI). Then edge. I’m long $AMBA and $MRVL

How long before an edge (PCs/Macs/smartphones) AI supercyle following the current datacenter AI supercycle?

Well well $AAOI and $LITE

@blondesnmoney No private Bloomberg shares?

@StockMKTNewz Exit liquidity

Robinhood $HOOD announced today the launch of its Robinhood Ventures Fund 1 The Robinhood Ventures Fund I is expected to IPO in the coming weeks on the NYSE under the ticker symbol $RVI