Dalius - Special Sits
$NDLS has been quite a rollercoaster.

Management has finally decided to explore strategic alternatives. While the stock still looks cheap on an EBITDA basis, capex remains too high despite recent cuts, and leverage is becoming an even bigger issue.

The strategic review is still in its early stages, and it’s far from clear whether the company will be able to sell itself. No details have been provided yet on the exact plan, but change is clearly needed.

Several well-known activists and operators in the restaurant business continue to sit on the board, so this might be worth a closer look.

$NDLS has been one of the most fascinating setups I’ve followed recently. In Q3, the stock dropped by 40%, despite some positive signs that activist influence is starting to take effect.

In addition, the company was trading at 5x Q3 run-rate EBITDA, with the closure of underperforming stores expected to improve earnings and overall performance. The stock is already up 25% since November, including an 18% jump just yesterday, seemingly without any clear reason—aside from the preliminary Q4 revenue results, which showed somewhat reasonable growth improvement.

Overall, the situation is certainly interesting, especially now that it’s beginning to gain momentum following the drastic fall in November.

That said, the company is highly leveraged, and turnarounds in the restaurant sector—particularly for concepts like NDLS—are notoriously challenging to execute. Since the industry is far from my area of expertise, I’m staying on the sidelines, but I’d be happy to hear your thoughts if you’ve been following this closely. - Dalius - Special Sits
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Dalius - Special Sits
Worth a look 👇

$WJG.L #WJG Watkin Jones Plc - Take-out offer loading!

A prominent PE/alternative asset manager with a property investment track record ups its stake to more than 10%. This morning a new joint corporate broker (probably PE firms preferred service provider) is appointed with immediate effect.

Stunning how inefficient the UK small/micro-cap market is. Nevermind the fact that the company is effectively trading below net cash and still breaks even at the deepest trough of the UK property development and interest-rate cycle in decades (which is now turning). - Deep Value Situations
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Gainify
Top 10 Mid-Cap Stocks ($10B–$20B) with the BIGGEST UPSIDE according to Wall Street:

🔟 $CART → +38.1%
9️⃣ $TTD → +38.7%
8️⃣ $MBLY → +44.7%
7️⃣ $KOF → +44.9%
6️⃣ $HUBS → +47.3%
5️⃣ $QXO → +62.3%
4️⃣ $BMRN → +64.7%
3️⃣ $UHAL → +67.2%
2️⃣ $DUOL → +69.4%
1️⃣ $AUR → +76.2%

Which one are you betting on?
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Simplifying Stocks, CPA
RT @FinFluentialx: This is who you're trading against

This is pure alpha & peak performance https://t.co/vahH3rafcY
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Evan
TESLA $TSLA JUST PROPOSED A NEW POTENTIALLY TRILLION DOLLAR PAY PACKAGE FOR ELON MUSK

The pay package has 12 different levels which a market cap and operational milestone must be hit

The pay package would see Elon Musk get up to his desired 25% ownership stake

If all 12 tranches are triggered and Elon Musk's 2018 pay package is struck down Elon would have a total of 24.8% voting power in the company

If Elon 2018 pay package is brought back and Elon gets through all 12 tranches he would have 28.8% voting power in Tesla
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Umesh
nano-banana shines best when paired with design tools.

So far, I’ve found @lovart_ai to be one of the best integrations

Lovart + nano-banana = one of the most powerful creative tools.

With just a prompt and an image, I generated these.

Here's how 🧵 https://t.co/wMY9XIaM9m
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Simplifying Stocks, CPA
The city of Austin can have my rebranding for free https://t.co/cxr3TC5RPZ

The city of Austin just spent $1.1 million on this rebrand https://t.co/9hMXamDTPV - End Wokeness
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ToffCap
RT @ToffCap: Out with a new one!

We’re looking at a company trading at <5x20% with the potential to do it for a long time.

The company has quietly (but rapidly) become a European (e-)commerce infrastructure play.

- it has proven that its flywheel generates strong organic growth.
- it has delivered operating leverage, pushing margins upwards.
- it continues to acquire at 3-5x ev/ebitda, with plenty more to come.
- and it has managed its balance sheet such that leverage is falling, even while acquisitions continue.

On the stack.
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Evan
The S&P 500 will announce later today what companies will be added to the index ... who do you think gets in?

For those who don't know, the index announces its quarterly rebalance every year on

- The first Friday of March
- The first Friday of June
- The first Friday of September
- The first Friday of December

The stocks actually get added to the index on the 3rd Friday within those months

The index will also be rebalanced when companies from within the ~500 companies get acquired. Often after the markets close on the same day the company being acquired stops trading is when S&P announces another company being added

Here is every stock that has been added to the S&P 500 since the start of 2023

- August 2025: Interactive Brokers $IBKR
- July 2025: Square (Block) $XYZ, Trade Desk $TTD, Datadog $DDOG
- May 2025: Coinbase $COIN
- March 2025: DoorDash $DASH, TKO Group $TKO, Williams Sonoma $WSM, and Expand Energy $EXE
- December 2024: Apollo Global $APO, Workday $WDAY, Lennox $LII
- November 2024: Texas Pacific $TPL
- September 2024: Palantir $PLTR, $DELL, and $ERIE
- July 2024: Smurfit Westrock $SW
- June 2024: CrowdStrike $CRWD, $KKR, and GoDaddy $GDDY
- May 2024: Vistra $VST
- April 2024: GE Vernova $GEV and Solventum $SOLV
- March 2024: Super Micro $SMCI and Deckers $DECK
- December 2023: $UBER, Jabil $JBL, and Builders $BLDR
- October 2023: Lululemon $LULU, Hubbell $HUBB, and Veralto $VLTO
- September 2023: Airbnb $ABNB, Blackstone $BX
- August 2023: Kenvue $KVUE
- June 2023: Palo Alto $PANW
- May 2023: $AXON
- March 2023: Fair Issac $FICO, Bunge $BG, and Insulet $PODD
- January 2023: GE Healthcare $GEHC
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