Sunday, November 15, 2026

BlackRock TCP Capital Corp: Deleveraged, For Sale Sign

TCPC $345M

Clark Street Value 13h ago 2 clicks

17h ago OTCM $626M

The SEC Rule That Could Transform Small-Cap Capital Raising | Cromwell Coulson

The Monetary Matters Network 4 clicks

18h ago EVC $874M

Q3 Earnings Updates

Hidden Rock Capital's Newsletter 2 clicks

From X

@Adam_Wyden 7h ago

Adam D. Wyden on X

@ACapitalLP Funny thing is.. just removing the manager / reducing corp prob yields the highest value. CJS is showing 382 of ebitda in 27 w 7 mm of mgmt fee on top… 389. If corp was 15 and consolidated was 374…that’s 200 mm or 2.65 of FCF GROWING ALOT… maybe that’s a mid 40s stock? $CODI

@ACapitalLP 7h ago

A Capital on X

On a serious note, $CODI is one of the more glaring mispricings I’ve ever seen. People can argue whether NAV is $25 or $40/share, but I’m convinced that if you liquidated the entire company tomorrow, the assets would be worth at least 2x where the stock trades today. So why does this divergence exist? And more importantly, what closes the gap? Asset sales, replacing management, simplifying the structure, eliminating the governance discount? You don’t even need the stock to trade at 100% of NAV. What gets it to 80%? And at $12/share, how much downside are you really underwriting relative to the potential upside? That’s the asymmetry that interests me. I just don’t think there’s enough eyeballs on this given the size…

@Adam_Wyden 9h ago

Adam D. Wyden on X

@ACapitalLP $CODI nobody believes the company can be liberated. The gonnifs will rule the roost forever. Money will get siphoned in perpetuity and dilution will keep occurring… or will it?

@Adam_Wyden 9h ago

Adam D. Wyden on X

@ACapitalLP $CODI !!!!!

@AsifSuria 12h ago

Asif Suria on X

@SJOldValueGuy A lot of insider buying on that one as well but the insiders have done quite well with their purchases of $NUVB This one was $PSEC

@AsifSuria 12h ago

Asif Suria on X

You got it right! I have been wondering the same thing about the $PSEC insiders and if these are automatic dividend reinvestments that are not being reported as such. We also saw insider buying in another mortgage REIT Starwood Property Trust $STWD make our list of top 5 insider purchases this week.

@ACapitalLP 16h ago 1 click

A Capital on X

Moves like this $ADIG should not happen absent some genuinely unforeseen event or force majeure. If a public company is even remotely transparent with investors, expectations shouldn’t be so far removed from reality that a single earnings report wipes out 40–50% of its market cap. Granted, this is probably more common in smaller companies with limited analyst coverage, but if I were a public company CEO and this happened on my watch, I’d consider it a serious failure of investor communication and expectation management…

@TheBenSchmark 34h ago

JabroniCoin.USD on X

@OnodaCapital Please don’t summon the $TE folks

Sigma Lithium: Refinancing Does Not Rescue My Buy Thesis (Rating Downgrade)

Sigma Lithium’s production disruptions, negative EBITDA and underutilized plant costs undermine its expansion case despite refinancing.

SGML $580M

CAN Analyst 18h ago

BGIN: a $34mm tax bill and $31mm of cash

BGIN holds $31.4 million of cash against $34.1 million in taxes payable as first-half revenue fell 85% and self-mining costs exceeded coin…

BGIN $439M

Guardian Research 38h ago 3 clicks

TSOH Weekly Roundup (11/13/2026)

Tripadvisor’s CEO and CFO will depart after weak Q3 results, while Roblox’s CEO discusses AI and Berkshire repurchases $9.6 billion of…

TRIP $853M

TSOH Investment Research 41h ago 3 clicks

Looking Back at Another Successful Thesis

DoubleU Games raised its all-cash tender offer for DoubleDown Interactive minority holders to $16.25 per ADS from $11.25 after net cash…

DDI $781M

The Value Road Nov 12 4 clicks

This Week in Special Situations: Coursera, eToro, Fluor, Trade Desk

Coursera trades at roughly $150 million enterprise value after Pale Fire Capital took 14.7%, with cash and Treasuries covering 83% of its…

COUR $889M

Latticework by MOI Global Nov 12 6 clicks

L.B. Foster: Q3 Recovery Validates My Buy Thesis, More Upside Ahead

L.B. Foster's Q3 recovery reflects rail and infrastructure demand, government funding and precast concrete expansion, with operating…

FSTR $445M

Value Capital Research Nov 12

Quick note on LSAK and GRPN

Lesaka expects its Bank Zero acquisition to close by end-January 2027, though it could still close this calendar year.

GRPN $499M

Mispriced Assets Nov 11 5 clicks

I Called the YB CFO. Here’s What I Learned.

Yuanbao’s CFO says China’s new online-insurance rules target abusive sales practices, while Beijing increasingly frames commercial health…

YB $541M

Calvin Blissett Nov 11 3 clicks

Q3 Earnings: XPEL, Liberty Capital, Douglas Dynamics, Strattec, Seaport (XPEL, GLIBA, PLOW, STRT, SEG)

Liberty Capital’s GCI business grew 5% in high-margin healthcare and school contracts, while Quintillion could lift EBITDA to $440 million…

PLOW $864M

Hidden Gems Investing Nov 10 2 clicks

Is Cars.com a Buy on the Basis of Owner Earnings?

Cars.com is assessed through Buffett-style owner earnings, focusing on cash retained after maintenance capital spending rather than GAAP…

CARS $673M

The Owner's Memo Nov 10 2 clicks

BW · short

Babcock & Wilcox

Babcock & Wilcox is priced for AI power demand despite a one-time related-party project, with FY2028 EBITDA 35% below consensus implying…

BW $635M

Value Investors Club Jul 15 2 clicks

Groupon Built a Brain

Groupon is building an AI “Brain” to personalize its app for each user, turning its turnaround plan into a product initiative.

GRPN $499M

Mispriced Assets Jul 16

What Amazon Can't Buy

Betterware de Mexico sells locally designed home organizers through direct sellers in informal neighborhoods, generating 67% gross margins;…

BWMX $677M

Phynvesting Jul 13 1 click

Matan on Stitch Fix

Stitch Fix’s rushed Freestyle pivot cannibalized its profitable Fix business, driving active clients below 3.4 million, quarterly revenue…

SFIX $359M

MBI Deep Dives Jul 11 2 clicks

Double Down Interactive (DDI): Update

DoubleU’s $11.25-per-share bid for DoubleDown Interactive values its operating business at 0.25-0.7x EBITDA; minority holders can block it…

DDI $781M

Sylence Capital Jul 8

The Biggest Bull Signal On Entravision

Entravision’s lost Meta relationship reset its business model, setting up a bullish case for the company’s recovery.

EVC $874M

The Value Road Jun 26 5 clicks

The Arithmetic: How a $9 Spanish-Language Broadcaster Becomes a $100 AdTech Stock

Entravision’s path from a $9 Spanish-language broadcaster to a $100 adtech stock rests on an adtech-driven valuation model.

EVC $874M

The Value Road Jun 15 4 clicks

What I've Been Reading

Yesway, Dollar General and Expedia feature in a research roundup spanning convenience retail, discount stores and AI-driven travel search.

YSWY $775M

Stock Thoughts Jun 15

Dance with the Devil (Nasdaq: ILPT)

ILPT’s Hawaii ground leases and US warehouse portfolio are improving, while five-year fixed-rate refinancing eases the debt burden created…

ILPT $407M

Real Assets, Real Value Jun 15

ADF Group Inc. ($DRX.TO) FINS Review

ADF Group’s Q1 FY2026 revenue rose 78% to $99.3 million and net income 37%, aided by the LAR acquisition despite steel and aluminum tariff…

ADFJF $347M

Wolf's Substack Jun 9 1 click

Publications we follow

Every publication on this site, hand-picked.

130 publications

YouTube 4

Blogs 15

Seeking Alpha 87 of 294

Nominate a publication

X accounts we follow

Every account on this site, hand-picked.

91 accounts

Nominate an account

Investor letters we follow

376 firms

Sectors

Ordered by how often our editor reaches for them.

Sunday, November 15, 2026

Adam D. Wyden on X

A Capital on X

Adam D. Wyden on X

Adam D. Wyden on X

Asif Suria on X

Asif Suria on X

A Capital on X

JabroniCoin.USD on X

Investor Letters

Publications we follow

Newsletters 110

YouTube 4

Blogs 15

Seeking Alpha 87 of 294

X accounts we follow

Investor letters we follow

Sectors