Thursday, September 17, 2026

Power Semiconductors: The Follow-Up

STMicroelectronics, Navitas and Wolfspeed offer contrasting power-semiconductor cases tied to NVIDIA’s 800V AI data-center architecture, spanning an incumbent leader, a speculative…

NVTS $2.9B

SixSigmaCapital: Navigating the Financial Markets Sep 17 1 click

Sep 17 JXN $8.8B

Problems at Jackson Financial ($JXN)

Hunterbrook 1 click

Sep 17 VZLA $2B

Vizsla Silver (VZLA)

Triple S Special Situations Investing 1 click

From X

@blondesnmoney Sep 17

Cluseau Investments on X

Disclaimer: I have sold this position and have no view on the valuation or future prospects My craziest OTC adventure this year was discovering a single-asset refinery that sells Jet Fuel to the US Military. It sounds kinda crazy, but it's the exact type of ridiculous setup funny enough to look into. In July, refining crack spreads were blowing out, and nearly every refiner $PBF, $PARR, $VLO, $PSX were steamrolling. I wanted some exposure, but I felt sheepish chasing names that were already tearing it up. I started looking at smaller refiners, but nearly everyone was in the 3x - 5x forward earnings range, not expensive, but for a cyclical, also not really that cheap. It turns out that, aside from the megacap refiners and $PARR, there's only one other US listed microcap refiner, Blue Dolphin Energy $BDCO. The stock is heavily insider owned, and at the time, was trading at just over 4x Q1 earnings ($0.99). Crack spreads are publicly viewable, and other refiners were demolishing estimates - $PARR came in at $11 in Q2, triple Q1, so it didn't take too much math to realize BDCO's Q2 was gonna be strong given jet fuel prices, and that the stock was potentially trading under 1x forward earnings. Of course, it's an OTC name with limited liquidity so you can't realize size it up, but how often do you get a chance to buy someone who supplies jet fuel to the Department of Defense under 1x annualized earnings? It was almost comedic, the story was funny enough to swallow the OTC stigma and just pick up a little bit up. About a week later, Q2 results came in at $1.19 (putting 1H earnings at ($2.18), and the market suddenly realized a stock trading at $4 on $2.18 of two quarter's EPS was just too cheap. The stock hit $18 today - I've been trimming since entry and am finally out. It was a tiny position, but I continue to find it ridiculous that these OTC setups exist. With a small amount of capital and a love for reading filings, you can probably find a slew of OTC names that are actually decently profitable that are simply too small for larger investors to take a stab at. I have no position in BDCO and have no opinion on it, $4 and $18 are totally different prices, but the fact this setup existed and somehow flew under the radar until earnings is pretty entertaining.

@BlueDuckCap Sep 17

BDC on X

@Jason @evanspiegel "After Elon Musk acquired Twitter in 2022 and re-organized the management and governance structure, Calacanis helped transition Twitter along with David Sacks.[25]" Jason - time to help transition $SNAP/Specs. Run the same playbook.

@BlueDuckCap Sep 17

BDC on X

@Jason @evanspiegel The progress is impressive. But mass market adoption remains years away. They need a size minority equity investor. If they get it, $snap goes up 50%.

@stockgutter Sep 17 4 clicks

SG on X

$CAR: its hard to believe that the largest, most violent short squeeze of the year was in a stodgy, underperforming rental car company. https://t.co/yuRYzlSmmQ

@ACapitalLP Sep 17

A Capital on X

What’s the bear thesis on $MGM here? All of the $PPLI Barry deal premium has evaporated. Even if his bid was fugazzi, it highlighted a valuation disconnect especially as it related to Asian assets… What am I missing?

@stockgutter Sep 17

SG on X

@scottfelsenthal thanks - bought $MRP a few months ago

@ACapitalLP Sep 17

A Capital on X

A “gift” is when some person and/or organization creates a narrative misperception that creates a dislocation in an equity. Dario did it with $CORZ / $CIFR this weekend. Bloomberg News continues to do it with $OWL https://t.co/z7VfaqffDk

@BrokenMoats Sep 17

Broken Moats on X

SMR reactors last year or quantum...appears the current moments basket of trash stocks with a narrative that doesn't fit the companies is 3rd derivative ai drug discovery plays (genome, simulation software, etc). $TWST $TEM $SDGR $TXG and theres more My favorite is $WGS - opko rehash with key players from there somehow sitting on a multi billion dollar valuation currently. There were caught with billing schemes multiple times at Opko as well as other serious problems (see Philip frost and opko). A member of the board actually still sits on Frosts charity and the CEO was the CEO of Cathie Wood favorite Invitae, that went bankrupt a few years ago. The short story writes itself, seems like a CVNA almost where the setup is pretty opposite, and yet it probably continues to work against you