Wednesday, May 13

Wednesday, May 13, 2026

Everything we published on this day.

9 stories

Decoding Success: Jeremy Raper – The Cost of Being Right [Part 4]

Jeremy Raper’s 2017 Sharp and Japan Display shorts bet OLED disruption would puncture inflated LCD valuations; his 2019 NIO short lost…

NIO $8.6B

Iggy on Investing Newsletter May 13

Microcap Selling Loss-Making Subsidiary For More Than Enterprise Value

Escalon Medical sold its loss-making Axis software unit to Nikon subsidiary Optos for up to $3 million, exceeding its enterprise value; the…

ESMC $1.1M

Easy Value May 13

@ToffCap May 13 1 click

ToffCap on X

Every now and then I read write-ups where I agree on the thesis but think it would be insane to act on it. Like $ASTS 's recent short pitch on VIC. Sure execution is important, but 90% of the 'valuation' here is storytelling. So what if they'll miss a quarter or two. Look at the projections. The base for valuation here is not fundamentals, it's faith. Missing a few quarters is not going to break the thesis at all. That won't be enough to break believers' faith. Because that's what is needed to break such stories. Faith needs to be crushed. And that can take a long ass time. And what if in the meantime they'll beat a quarter?

@ToffCap May 13 1 click

ToffCap on X

For those involved, Comstock's $LODE CEO buying 'the dip' https://t.co/U9inTYkhnV

@Fierce__beast May 13

Fierce_beast on X

$WIX base44 biz under pressure revenue estimates are always easy to make. you just give pricing concessions or spend a lot on promotions unfortunately base44 which was one of the first big headline AI darlings is now facing the reality of massive competition. there is just no way they can compete with the foundation models at favorable economic terms. the wrapper bear thesis is looking intact. beware of wrapper ai services.