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Wall St Engine
SEC IS INVESTIGATING WHETHER COINBASE $COIN MISREPRESENTED USER NUMBERS IN PAST FILINGS
The probe, which started under the Biden administration, centers on the “100M+ verified users” stat once cited in IPO docs. Coinbase stopped using the metric in 2023 & says it’s cooperating.
- NYT
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SEC IS INVESTIGATING WHETHER COINBASE $COIN MISREPRESENTED USER NUMBERS IN PAST FILINGS
The probe, which started under the Biden administration, centers on the “100M+ verified users” stat once cited in IPO docs. Coinbase stopped using the metric in 2023 & says it’s cooperating.
- NYT
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Offshore
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Quiver Quantitative
Wow.
We recently posted a report on Marjorie Taylor Greene's purchase of Impinj stock, $PI.
It caught our eye, because it was a small company that no one in Congress had traded for years.
The stock has now risen 64% since her purchase last month.
Look at this graph: https://t.co/SvFktRTKsh
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Wow.
We recently posted a report on Marjorie Taylor Greene's purchase of Impinj stock, $PI.
It caught our eye, because it was a small company that no one in Congress had traded for years.
The stock has now risen 64% since her purchase last month.
Look at this graph: https://t.co/SvFktRTKsh
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Quiver Quantitative
JUST IN: Kat Abughazaleh, a 26-year-old progressive influencer running for Congress, just filed her financial disclosures.
She has approximately $45K in assets.
This would make her the wealthiest zoomer in Congress by our estimates, passing @RepMaxwellFrost. https://t.co/5XAfVTzDCe
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JUST IN: Kat Abughazaleh, a 26-year-old progressive influencer running for Congress, just filed her financial disclosures.
She has approximately $45K in assets.
This would make her the wealthiest zoomer in Congress by our estimates, passing @RepMaxwellFrost. https://t.co/5XAfVTzDCe
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: Want to improve as an investor?
Here’s a simple trick:
Relentlessly evaluate what defines a quality company and don’t compromise for “attractive valuations.”
Predictability.
While $UNH appeared cheap, you can’t say it’s a better co than $V $MA $ICE $SPGI etc. so why bother?
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RT @DimitryNakhla: Want to improve as an investor?
Here’s a simple trick:
Relentlessly evaluate what defines a quality company and don’t compromise for “attractive valuations.”
Predictability.
While $UNH appeared cheap, you can’t say it’s a better co than $V $MA $ICE $SPGI etc. so why bother?
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Investing visuals
$UNH is down 🔻55% in 5 days, meanwhile:
🔹Revenue grew 10% to $317B
🔹Free cash flow grew 1037% to $4.5B
🔹Trades at 9x price-forward FCF
BUT:
⚠️ CEO resigned
⚠️ Guidance is withdrawn
⚠️ Investigated due to possible fraud
Is it is broken stock or broken business? https://t.co/qpdYDsgTTA
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$UNH is down 🔻55% in 5 days, meanwhile:
🔹Revenue grew 10% to $317B
🔹Free cash flow grew 1037% to $4.5B
🔹Trades at 9x price-forward FCF
BUT:
⚠️ CEO resigned
⚠️ Guidance is withdrawn
⚠️ Investigated due to possible fraud
Is it is broken stock or broken business? https://t.co/qpdYDsgTTA
tweet
Offshore
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Wall St Engine
THE UAE LIT UP THE BURJ KHALIFA — THE WORLD’S TALLEST BUILDING — WITH THE AMERICAN FLAG. https://t.co/CevHLKkWl5
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THE UAE LIT UP THE BURJ KHALIFA — THE WORLD’S TALLEST BUILDING — WITH THE AMERICAN FLAG. https://t.co/CevHLKkWl5
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