I post research reports on industries and companies. This is not investment advice.
Berkshire County
Joined October 2023
- Tweets147
- Following886
- Followers465
- Likes3K
Pinned Tweet
My report on $RAVE for anyone interested.
docs.google.com/document/d/1…
Little Owl Research retweeted
Tengo un jefe que de la nada llegó a Presidente de la Nación, y en dos años y medio, cambió la forma de votar de un continente entero. Todo muy normal. Quien no podría haber hecho lo mismo, no?
Little Owl Research retweeted
The problem with being ahead of the curve is, everyone thinks you're retarded
$KLAR seems too easy… obviously recession=write-offs, but the value proposition to consumers would strengthen? What am I missing?
Little Owl Research retweeted
📈 DROP DESK: $RMAX
$RMAX is down more than 13% today.
But this isn't your typical selloff.
RE/MAX is expected to complete its merger with The Real Brokerage $REAX today, and $RMAX shareholders were given a choice: $13.80 in cash or stock in the combined company.
The problem?
So many shareholders chose cash that they blew through the deal's $80 million cash cap.
Roughly 18.5 million $RMAX shares elected cash consideration, triggering a proration mechanism.
Those shareholders are now expected to receive approximately $4.33 in cash plus 0.3535 shares of the post-merger $REAX for each $RMAX share, rather than $13.80 entirely in cash.
Shareholders who elected stock are expected to receive 0.5150 $REAX shares per $RMAX share.
Meanwhile, $RMAX is set to disappear as a standalone stock as the deal closes, with the combined Real REMAX Group expected to trade under $REAX.
So today's 13% drop isn't necessarily a verdict on RE/MAX's business. It's happening as the market works through merger consideration, cash proration and share conversion.
Stocks don’t drop for no reason.
Little Owl Research retweeted
you're not a real coffee head unless you're drinking cups that you know will make you feel worse
Little Owl Research retweeted
The curse of discipline is that every day looks the same. The curse of indiscipline is that every year does.
Little Owl Research retweeted
Milei se ha convertido en un avatar de la guerra cultural global que divide a Occidente. Consecuentemente la izquierda internacional apunta y apuesta a que la Argentina fracase en lo que sea y se instale una opinión desfavorable del país. Se suma al mismo tiempo el racismo rancio e hipócrita de quienes no lo pueden expresar libremente en su propio país por temor a la censura. El mundial fue la excusa y la plataforma ideal para montar esta absurda campaña anti-argentina. Esto no es por Messi ni tampoco por el fútbol. Claramente hay una motivación política detrás de esta campaña y, como ocurre, sus organizadores cuentan con la ayuda de un vasto ejército de idiotas útiles.
Little Owl Research retweeted
Learning curves for individual topics level off, but if you work at it as you get older, your total curve for the sum of all topics stays pretty linear.
Put differently: No matter how old I get, when I think back to myself 10 years earlier, I keep concluding “wow was I cripplingly ignorant back then.”
Little Owl Research retweeted
BREAKING Reigning champions Argentina beat Algeria 3-0 as Lionel Messi equalled Miroslav Klose's all-time record for goals at World Cups when he scored a hat-trick
Little Owl Research retweeted
People give Warren Buffett credit for his capital allocation, patience, and discipline. But one of his most overlooked strengths is that he is a world-class student of human behavior.
At its core, investing is about understanding people: customers, managers, competitors, employees etc. The best investors will also be the best social scientists.
Little Owl Research retweeted
Current Market mood:
1. Start doing work on a name that could be interesting
2. Name goes up 20-40% while doing work
3. Feel stupid
Little Owl Research retweeted
$RAVE We *may* be in a bubble in certain pockets, but there is still an unbelievable amount of opportunity in this market.
$RAVE Good write up and likely conservative in places imo. Shares have been under technical pressure with a 13d filer exiting. Picked some up last week.
Either someone knows something the rest of us are oblivious to… or they’re playing Russian roulette. Tomorrow’s report should be interesting $LUXE
~4m shares short at $LUXE. Small % of O/S (~140m), but float is only ~17m. Limited daily volume <200k. So >20 days to cover.
Seems like it could get squeezy tomorrow when they report.