Castle Hill Capital 🇺🇸

@ProudSocialist He will be convicted.

Chamel Abdulkarim, who is accused of sparking a massive Ontario warehouse fire after his company didn’t “pay him enough to live”, pleaded not guilty today in court. Good luck finding a jury to convict this man when 70% of Americans live paycheck to paycheck.

@AmanitaFugax I was also quite frustrated when my parents cut off my allowance.

I don’t think Republicans recognize what they’ve done; our allies who have stood by us for ~80 years revile us. They may never appreciate the gravity of what they’ve done, but this is a paradigm shift. The era of a united west led by the US is dead, and we’re all worse off.

@Polymarket Good luck.

BREAKING: Canadian PM declares "the days of our military sending 70 cents of every dollar to the United States are over."

@TheCalvinCooli1 Tyrants.

🚨Report: Canada is considering going door-to-door to start the collection of prohibited firearms Canada may turn to retired police officers to carry out a door-to-door confiscation of firearms March 31 was the deadline for gun-owning Canadians to “declare” and “register” for the government's forced buyback

@memeticsisyphus Cc: @IsabellaMWeber @SenWarren Idiots.

They forgot what greed is again

@CommieVegan @thestustustudio @wolfejosh How are the Soviets doing?

@CastleHillCap3 @thestustustudio @wolfejosh The Soviets went to space, and the CIA made up a bunch of lies about Communism. You believe the CIA's lies.

I usually write off the American Communist Party. But the Florida chapter looks far more serious than cosplay, with its People’s Defense program emphasizing firearms training, MMA, and emergency casualty care.

@CommieVegan @thestustustudio @wolfejosh And then what happened?

@CastleHillCap3 @thestustustudio @wolfejosh Both are bad, yet you're representing a country that tagged along with the Hammer and Sickle guys to beat the Swastika guys?

@CommieVegan @thestustustudio @wolfejosh Both were and are evil as fuck. And, apparently, your reading comprehension is quite poor, as nothing about my tweet debated who beat who. No surprise for a communist, though. It takes very low intellectual horsepower to ascribe to that ideology. And deep seated envy.

@CastleHillCap3 @thestustustudio @wolfejosh The Hammer and Sickle beat the Swastika. Maybe you should read more.

@CynicalPublius To be fair, this essentially constitutes the entire French Air Force.

These are the same people who will tell you you cannot shoot a home invader because the invader's life is worth more than your personal property.

@Agent0088156721 @YahuCapital Me?

@CastleHillCap3 @YahuCapital Bro, I don’t know you, but to put out a blanket statement like that shows you have total and complete ignorance of best practices for public disclosure policies and controls for public companies. All due respect you have absolutely no clue what you are talking about. $ABVX

Interesting detail in the latest $ABVX press release - only visible in the French version: The PDF author is Melanie Simon-Giblin, a Cooley lawyer focused on cross-border financings & transactions. Not your typical IR/PR author. Cooley also advised on the sale of Cincor Pharma, the previous company of Abivax CEO Marc de Garidel. Why is a deal lawyer drafting a routine press release? This level of legal involvement often appears in late-stage situations. Could Abivax be positioning for an imminent takeover?

@YahuCapital This is not a signal. At all.

@CastleHillCap3 Not saying this single signal determines them getting acquired or not. It’s the accumulation of strong and weak signals one has to review to determine how likely it is when and if they will be taken out.

@YahuCapital Legacy of drafting / word tagging / metadata issue. Zero bearing whatsoever on whether they will be taken out or not. None.

@CastleHillCap3 Any reason why Melanie was none of the previous authors of $ABVX press releases?

@YahuCapital It’s standard operating procedure for public companies to have outside counsel draft and/or review press releases, particularly related to SEC filings, etc.

@CastleHillCap3 Why not?

@micsolana Very sad.

mortifying

@sissenberg @nytimes This made me deeply sad. The current state of all of our important institutions is pathetic, on all sides of the aisle, in all types of functions.

Does the @nytimes know what NATO stands for?

@wiggityp @distantpathos I disagree.

@distantpathos Fyi, people who live here--dont. It's objectively way worse than it has been in the recent past. Still alright, and certainly more optimism than average actually, but it's a small subset of privileged yuppies here who are actually "happy."

People believe in the future of Austin, TX in a way that's different from the rest of the country where they're either clinging to a glorious past, delusional about the present, or down on its future.

@DanFriedman81 Warren is the furthest thing from an “expert on economics”.

This is largely nonsense, and Warren, who is supposed to be an expert on economics, should be embarrassed to make such a claim. Red Lobster is a giant chain that has always been owned by corporate conglomerates, and has been struggling for decades. Red Lobster was owned by General Mills through the 80s and became part of the Darden Restaurant group when Darden, which also owns Olive Garden, was spun off of General Mills in 1995. After Darden acquired Longhorn Steakhouse and Capital Grille in 2007, activist investors pressured the company to get rid of underperforming Red Lobster in order to focus on successful brands. Darden sold Red Lobster to the private equity fund Golden Gate Capital in 2014 for $2.1 billion and used the proceeds to pay down debt and do share repurchases. Darden saw significantly improved margins after the sale. Golden Gate partially financed the acquisition of Red Lobster with leverage adding debt to the company, and liquidated the company's real-estate holdings in sale-leaseback deals, turning the restaurants into tenants in locations the chain had previously owned. Golden Gate sold the chain to Asian seafood conglomerate Thai Union in 2020, and while the deal terms were not fully public, Golden Gate is believed to have made about $500 million restructuring, turning around and selling Red Lobster. Thai Union, which acquired the chain right as the Covid pandemic began hammering restaurants, tried aggressive cost-cutting, impacting the quality of the food. The restaurant's reputation suffered as a result and it became perceived as downscale. The all-you-can-eat shrimp promotion was a response to declining store traffic, but was a debacle for the chain. The promotion was a huge money-loser and it functioned as anti-marketing, as viral videos of crude and rowdy patrons misbehaving in restaurants they were visiting to exploit the "endless shrimp" became closely associated with the brand's reputation. After Thai Union -- which, again, is a foreign seafood conglomerate, not a private equity firm -- ran it completely into the ground, Red Lobster went bankrupt. It is currently attempting a turnaround under the ownership of an investor group led by the private equity firm Fortress Capital Management. But Red Lobster has been struggling for decades, and it's obtuse and disingenuous to blame the chain's problems on the 2014-2020 period when it was owned by Golden Gate -- the only owner who managed to make money on Red Lobster in 30 years.

@TukiFromKL Good luck.

🚨 do you understand what Macron just announced.. the French President is calling on medium-sized powers to "join forces and stand up" to the US AND China.. not one superpower.. both of them.. here's why today of all days matters.. this morning a French ship became the first Western vessel to cross the Strait of Hormuz since the Iran war started.. France chose the table when the US chose the carrier group.. and now Macron is formally proposing a third bloc.. In 1961 Yugoslavia's Tito, India's Nehru, and Egypt's Nasser founded the Non-Aligned Movement.. nations that refused to choose sides in the Cold War.. the US and USSR both tried to destroy it.. because a world where medium powers don't choose sides is a world where superpowers lose leverage.. Macron is attempting something harder.. he's not asking poor countries to stay neutral.. he's asking nuclear-armed, economically significant nations to actively resist both superpowers.. and he's announcing this on the same day Trump said America will "take the oil and make a fortune" from Iran.. and Polymarket gives a 72% chance Trump calls him before the month is out.. America has spent 80 years building a world order around its own power.. France just called a meeting to build something else.. and Trump is already reaching for the phone..