⁠Quiver Quantitative
RT @InsiderRadar: Last month, we reported a massive purchase in $LCID by the Public Investment Fund of Saudi Arabia (who hold a board seat at the company).

The stock is up 35% since that trade was reported, and rose 15% today. https://t.co/wJJvllo3f8

🚨 Massive New Purchase of $LCID

The Public Investment Fund of Saudi Arabia just reported purchasing $1 BILLION of the company's stock.

They are a >10% investor in the electric vehicle company, and hold a board seat.

This purchase took place through a private placement deal, which was announced in mid-October. - Insider Radar
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⁠Quiver Quantitative
The House will reportedly vote this afternoon on a bill that’s the same as yesterday’s bill, minus a suspension of the debt limit.

It removes an item requested by Trump, but it’s the same item that many of the GOP “nay” votes objected to yesterday.
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⁠Quiver Quantitative
BREAKING: The House is now holding a vote on the bill to extend government funding.

So far 18 Democrats have voted, all in favor.

93 Republicans voting in favor so far, 14 voting against.
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⁠Ahmad Jivraj
Some interesting companies to research

These 10 stocks are trading below 10x NTM EV/Sales but offer +30% YoY revenue growth (and are profitable) 👇🧵

1. MercadoLibre | $MELI

EV/Sales: 3.5x
Revenue Growth: 35.3%
Net Income Margin: 7.5%

$MELI trades near it's 2022 EV/Sales lows despite:
- Increasing revenue ~$8.5 billion
- Growing Argentina and Mexico revenue by over 2x
- More than doubling total payment transactions - Oliver | MMMT Wealth (CPA)
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⁠Quiver Quantitative
BREAKING: THE HOUSE CR VOTE HAS PASSED

Hakeem Jeffries has reportedly said that they defeated Elon Musk on this one.

Voting is still going on, but here is the count so far.

Will post updates as they arrive: https://t.co/DtDcJN4ClC
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⁠Quiver Quantitative
Final count on the CR vote appears to be:

366 Yeas - 34 Nays

Republicans: 170 - 34
Democrats: 196 - 0
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⁠Quiver Quantitative
BREAKING: NASA just awarded a $4.82B contract, which includes money for Viasat to support missions in low Earth orbit.

Just last month, we posted this report on a purchase of Viasat stock by Rep. Wasserman Schultz.

$VSAT has now risen 26% since we posted the report: https://t.co/pXKuK1ddzJ
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⁠Quiver Quantitative
The new bill did remove almost all of the items that were specifically called out by @elonmusk:

- No pay raise for Congress
- No transfer of the RFK stadium land
- No "justice-involved individuals" and "individuals experiencing homelessness" language changes
- No Global Engagement Center extension
- No section on "Pandemic Preparedness and Response"

However, it did not include the debt limit suspension requested by Trump.
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⁠Quiver Quantitative
Republican Representative Tim Burchett just said:

“We got played”

In regard to the CR bill which just got passed.

Burchett was one of the 34 Republicans who voted against the bill.
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⁠InsideArbitrage
Northern Oil and Gas $NOG In Bid to Acquire Smaller Rival Granite Ridge $GRNT - Reuters
🛢️Northern has submitted at least two offers for Granite Ridge.
🛢️The latest bid, made in recent weeks, was at a roughly 20% premium to the target's share price.
🛢️While Granite Ridge's management has rebuffed the overtures so far, Northern remains interested in a deal and could sweeten its offer next year.
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⁠Stock Analysis Compilation
Latitude IM on Ryanair $RYA LN

Thesis: Ryanair’s ultra-low cost structure, market-leading efficiency, and strong financials make it a standout exception in the risky airline sector

(Extract from their Q3 letter) https://t.co/jEl5Ky93CL
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