Special Situations 🌐 Research Newsletter (Jay)
Well, that was fast!
$REV $BBBY $ALLG $FAZE $GME

https://t.co/loBn9W8dLl https://t.co/ZHgy3yNLQj
There are so many different short squeeze pump and dump trades going on right now that these guys are all diluting themselves and the ideas will all mean revert... - Special Situations 🌐 Research Newsletter (Jay)
tweet

Morning Brew ☕️
Another month, another record high for Manhattan rent.

Median rent for an apartment in Manhattan increased to $4,150 a month in July, up 29% from a year ago and 2.5% from June (via @CNNBusiness)
tweet

Special Situations 🌐 Research Newsletter (Jay)
"This is the next $HKD, LMAO!"

What many don't realize is that silly pumps are not investments nor even fundamentals-based trades...they are very short-term ideas that require a lot of volume & tiny float. When volume doesn't come through next day/week, the trade withers & dies. https://t.co/a9zqXZOScd
tweet

Special Situations 🌐 Research Newsletter (Jay)
With natural gas up another 13% in 2 days and oil rallying, most don't realize how big of an energy catastrophe we could have this winter. Most of the CPI/PPI beat was energy, and it could easily reverse...
$BOIL $UNG $AR $SD $USO $UCO $OXY https://t.co/jArn8iAgmO
tweet

Special Situations 🌐 Research Newsletter (Jay)
https://t.co/rCjtTT03iF
Boaz knows, the decline in credit spreads is unsustainable $JNK $HYG...and earnings will likely be weaker in 3Q22
@boazweinstein
Breathtaking rally in CDS and bonds. Credit has retraced over 60% of the January to end of June widening in spreads. While some risk factors have gotten better, and earnings weren’t a disaster, some risk factors are worse such as China. Spreads feel way too low and asymmetric. - boaz weinstein
tweet

Special Situations 🌐 Research Newsletter (Jay)
RT @boazweinstein: CDS pricing probability of a real recession near zero.
tweet

Frederik Gieschen
Buffett: "Money tends to be fairly captive once it’s in a company. If a business gets subnormal returns, there’s a big threshold in terms of either a takeover, or a proxy fight, something like that to unleash the capital."
tweet

Morning Brew ☕️
Our newsletter might be sharing your inbox space with a few uninvited guests soon.

The Federal Election Commission has approved Google's proposal to keep campaign emails from being marked as spam. https://t.co/1HGFDWwrS6
tweet

Frederik Gieschen
Buffet in 1995: "The most important thing we’re trying to do is find a business with a wide and long-lasting moat with an honest lord in charge of the castle."

Munger: "The honest lord is low agency cost. That’s the word in economics." https://t.co/4fYG1O4WZf
tweet

Special Situations 🌐 Research Newsletter (Jay)
SaaS bloodbath today; many got overzealous:
$PATH -7%
$COUP -4%
$HUBS -4%
$PCTY -4%
$CFLT -3%
$TEAM -3%
$RNG -3%
$CPNG -3%
$ZM -3%
$BL -3%
$GLBE -3%
tweet

Paras Chopra
RT @paraschopra: 1/ At @wingify, we have changed our org structure several times.

A short thread on what I've learned about ORGANIZATION DESIGN in last 8 years.
tweet