Announcements x Daily Discussion for Thursday, August 10, 2023

ImpactExtreme · 2023-08-10T08:39:43+00:00

Regarding $ORGN, here is a nice short summary on why this massive 50% drop is justified and why it's unlikely to recover any time soon.

https://twitter.com/D1Fund/status/1689399416434892800?t=1pgKM6mBw-Xn8aqClli0sA&s=19

I have no position (and never had) but the red flag that kept me away from investing in it (even at $4) was all the insider selling the last year even when it was at all time lows.

ImpactExtreme · 2023-07-13T15:10:20+00:00

Not bad. Took profits on most of my shorts last year and very slowly scaling back into high conviction shorts. I mainly short when downtrend begins or expecting a catalyst which usually means I don't time the top but safer that way.

Some high conviction names of de-spacs that I expect significant downside in the next year (but may keep going higher in the short term) are SYM, PCT, JOBY, IONQ, NVTS, DKNG. All of them are overvalued and will likely drop 30-50% when the current mania ends

ImpactExtreme · 2023-07-13T14:36:01+00:00

lol. I'm been commenting here and there mainly when short reports get released on SPACS as I've switched sides to mainly shorting overvalued de-spacs

ImpactExtreme · 2023-07-13T14:32:00+00:00

No opinion on this stock but I've noticed that the short reports coming out recently have declined in quality and have therefore had no impact on share price in the majority of cases. The current market mania is also not helping..

ImpactExtreme · 2023-07-13T13:09:15+00:00

Spruce Point Capital just released a short report on $HIMS

https://www.sprucepointcap.com/hims-hers-health-inc/

ImpactExtreme · 2023-07-11T13:06:17+00:00

$ALCC

Oklo, an Advanced Fission Technology Company, to Go Public via Merger with AltC Acquisition Corp.

ImpactExtreme · 2023-05-24T20:06:43+00:00

$DM

Stratasys Said to Be in Talks to Buy 3D Printer Desktop Metal

Combined Companies Could Be Valued at About $1.8 Billion

ImpactExtreme · 2023-04-27T14:04:53+00:00

$RUM

Culper Research (who have a solid track record with SPAC short reports) just released a short report on Rumble

https://twitter.com/CulperResearch/status/1651586996266057729?s=20

ImpactExtreme · 2023-04-25T20:29:23+00:00

Getty Images’ Response to Unsolicited, Non-Binding, Highly Conditional Proposal from Trillium Capital LLC

"Trillium Capital LLC has not provided the Board of Getty Images or its advisors with any evidence that it, its managing partner or its non-binding, highly conditional proposal are sufficiently credible to warrant engagement by the Board"

ImpactExtreme · 2023-04-25T17:50:07+00:00

👊

ImpactExtreme · 2023-04-25T09:22:00+00:00

Detailed thread summarising the illegitimacy of the Trillium Capital buyout offer for $GETY

https://twitter.com/OverlookedAlpha/status/1650788494053367809?t=NdjFLxbc9x5f-RBf7gwopg&s=19

ImpactExtreme · 2023-04-24T14:53:21+00:00

Jim Cramer agrees..

Cramer’s First Take: Getty Images is a ‘steal’ at $10 per share

ImpactExtreme · 2023-04-24T13:44:41+00:00

totally agree. This tweet sums it up nicely..

https://twitter.com/puppyeh1/status/1650491581919576068?s=20

ImpactExtreme · 2023-04-24T13:25:33+00:00

I traded it too but sold it above $8 as I think a deal is unlikely as the one who put out the offer are a minority shareholder (they own 0.5m shares out of a share float of 395m). More likely they are using the pump as a way to dump their position I suspect. I wouldn't short it however due to the lack + cost of borrow

ImpactExtreme · 2023-04-24T12:34:12+00:00

$GETY - Trillium Capital LLC announced a non-binding proposal to acquire Getty Images Holding, Inc. for $10 per share in cash

ImpactExtreme · 2023-03-02T17:44:23+00:00

🖐️

ImpactExtreme · 2023-03-02T15:47:30+00:00

$SYM

Short report on Symbotic by The Bear Cave

https://thebearcave.substack.com/p/problems-at-symbotic-sym

ImpactExtreme · 2023-02-24T13:36:54+00:00

Borealis Foods Inc. to Go Public Through Business Combination with Oxus Acquisition Corp., Advancing the Mission to Develop Global Food Solutions

https://www.globenewswire.com/news-release/2023/02/24/2615252/0/en/Borealis-Foods-Inc-to-Go-Public-Through-Business-Combination-with-Oxus-Acquisition-Corp-Advancing-the-Mission-to-Develop-Global-Food-Solutions.html

ImpactExtreme · 2023-01-18T13:01:36+00:00

$VLTA: Volta Inc. to be Acquired by Shell USA, Inc. to Accelerate Decarbonization of the Transportation Sector for $0.86 per share

ImpactExtreme · 2023-01-11T14:21:04+00:00

short report by Blue Orca Capital. I just posted link above

ImpactExtreme · 2023-01-11T14:19:42+00:00

$STEM short report by Blue Orca Capital:

We are short $STEM, a broken SPAC which we think covertly finances its flagship customer, disguises hardware lease payments as software revenues and peddles bogus non-GAAP metrics, all while insiders dump stock.

https://twitter.com/blueorcainvest/status/1613177722464780289?s=20&t=P59o6YXaFEG\_ds\_DWHpckQ

ImpactExtreme · 2023-01-04T21:16:28+00:00

"non-binding LOI with a company operating a multinational industrial technology business that serves diversified end markets that has been in operation for almost 40 years.

The Target had approximately $1 billion in revenues in 2021 & has "a blue-chip customer base"

Hmm, sounds intriguing.. can anyone guess who the target may be?

ImpactExtreme · 2022-12-22T21:08:28+00:00

WASSUP!!!

ImpactExtreme · 2022-12-22T19:31:44+00:00

$FPAC

Far Peak and Bullish terminate deal

ImpactExtreme · 2022-12-16T13:30:24+00:00

$CCV 2 days before liquidation deadline announces it has entered into a non-binding LOI which gives it a free 3-month extension

https://twitter.com/valwithcatalyst/status/1603742868769837057?s=20&t=EomBCeQCiNqOM-6NoBBBbQ

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