Bullpen.News From Edwin Dorsey
Get Daily Recap Feedback

Tuesday, October 27, 2026

Back to today

From X

@leevalueroach

Lee Roach on X

Back in February I wrote up Sunstock $SSOK, a tiny public company that owned Mom's Silver Shop, a single coin shop in Sacramento. The thesis was simple. The last public financials showed 27,317 oz of silver and 80 oz of gold. At the time, with silver at $113 and gold at $5,340, that was about $3.5M of bullion. The market cap was about $67k. Liabilities were about $753k. Net of those, I got about $2.76M of value, or about $0.45 a share. The catch: the company went dark. In March 2025 it filed a vague late-filing notice, then nothing. The stock moved to the expert market. The shop closed. Someone reached out and told me the prior owner had said the CEO was arrested for fraud and his home and store were raided. I've never been able to confirm that. So it came down to two outcomes. Either the metal is gone or fake and this is a zero, or it's real, authorities have it, and something eventually comes back to shareholders. Where it stands now The metal has gotten cheaper. Silver is around $53 and gold around $4,010. That puts the bullion at about $1.78M. Net of liabilities, about $1.02M, or about $0.17 a share. The stock is quoted around $0.0185, a market cap of about $113k. So it's still about 9x on paper, down from the roughly 40x I wrote about. Most of that move is just silver coming off its highs. All the non-news No SEC filings since the March 2025 notice. Still flagged delinquent. No DOJ press release, no court record, no local news I can find tying the CEO or the company to an arrest, raid, or seizure. No receivership or custodianship filing I've found. One odd data point: in June 2026 the transfer agent verified a new share count, 6,121,873, up 15,000 shares. Small, but someone is still dealing with the transfer agent. That's it. Eight months of silence. So here's the ask If anyone knows anything about $SSOK, Sunstock, or Mom's Silver Shop in Sacramento, I'd love to hear it. Court records, the transfer agent, the former owner, people who used to shop there, anything. Let's see if we can piece this together. DMs are open.

Investor Letters

All letters

Molina & Kinsale

Molina Healthcare and Kinsale Capital’s earnings are reassessed through a long-term lens, emphasizing conviction and detachment during…

KNSL $8.3B
Bearstone 8 clicks

Namib Minerals: Research Flash

Namib Minerals’ How Mine mill reached 55,000 tonnes per month, 36% above prior capacity, while a proposed $30 million Ecobank facility…

NAMM $43M
Atrium Research - Equity Research 2 clicks

Bimergen Energy: Research Flash

Bimergen Energy filed for a Texas retail-power license to supply data centers directly and gained eligibility for federal contracts through…

BESS $15M
Atrium Research - Equity Research 3 clicks
SMWB · long

Similarweb LTD

Similarweb (SMWB) is presented as a long, revisiting the company’s digital-intelligence business after two prior VIC write-ups.

SMWB $783M
Value Investors Club 11 clicks

House of Weichai

Weichai Power built a global engine group through Baudouin and a 46% stake in PSIX, positioning both for large-bore generator demand from…

PSIX $1.1B
Maius Partners 3 clicks

Diamond Estates: Research Note

Diamond Estates Wines & Spirits plans to expand grocery and export sales, invest in six brands, and improve winery operations through FY29.

LSDAF $1.2B
Atrium Research - Equity Research 2 clicks

The Offshore Message From Oslo

Offshore drillers have secured 105 rig-years by September, 42% above all of 2025, as national oil companies lock up long-term capacity.

RIG $7.4B
Cannibal Stocks 1 click

Publications we follow

Every publication on this site, hand-picked.

129 publications

Newsletters 109

YouTube 4

Blogs 15

Seeking Alpha 67 of 268

Nominate a publication

X accounts we follow

Every account on this site, hand-picked.

91 accounts
Nominate an account

Investor letters we follow

190 firms

Sectors

Ordered by how often our editor reaches for them.