Bullpen.News From Edwin Dorsey
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Wednesday, October 21, 2026

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@BrokenMoats 1 click

Broken Moats on X

$PEGA numbers begin the software back to earth story....expect sick to be down significantly tomorrow (it never trades true until the open). The backlog is down QoQ and we are talking 6% ACV now versus guide for 15% at the start of the year. Without a total break from recent trends they will need an absolute monstrous Q4 (comping against a very strong Q4 number yoy coming up) otherwise the backlog number will drop out and that will move from an inflated 15% yoy (from the Q4 25') probably to low single digits or worse..... Big portions of software is in trouble, this is the very beginning
@AsifSuria

Asif Suria on X

On the public company side, I have been looking into the boring company Mueller Water Products $MWA that makes things like fire hydrants. Yes, there is a data center angle but that part of their business is currently small. It showed up on my radar because of insider buying by an independent board member though a 10b5-1 plan. This director previously spent nearly 24 years at Morgan Stanley rising up to the position of Managing Director and Co-Head of Mergers & Acquisitions (Americas). Has an MBA from @UChicago and currently teaches at University of Virginia.

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Why I sold OB pick for 26 SVM

Silvercorp’s falling Ying grades, prolonged GC suspension, El Domo execution risk and Chaarat funding needs weaken its valuation despite…

SVM $2B
The Oak Bloke 19 clicks

Vicor Update, Part Three

Vicor’s $66.6 million in AI power-delivery royalties generated about $50 million of operating profit, eclipsing its module business as…

VICR $9.7B
CV's Substack 28 clicks

Carecloud News

CareCloud may attract a private-equity buyer after its Q3 call, with acquiring enough shares the main obstacle to a take-private deal.

CCLD $79M
Calvin Blissett 10 clicks

Heico Corporation

HEICO sells FAA-approved aircraft replacement parts at 30% to 50% discounts to OEMs, gaining customers as restrictive aftermarket contracts…

HEI $42B
D Invests 13 clicks
CHGG · long

Chegg Inc

Chegg is framed as a binary long with 500% upside against 20% downside.

CHGG $78M
Value Investors Club 15 clicks

Copper Fox Metals: Research Flash

Copper Fox’s C$9.1 million Schaft Creek program advances metallurgical, tailings, water and road studies toward a pre-feasibility study,…

TECK $31B
Atrium Research - Equity Research 6 clicks

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