I was torn between writing about Capri (CPRI) considering it called off its merger with Tapestry (TPR) yesterday and providing an update about Postal Realty
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For this mid-month update I want to focus on a SPAC that for the better part of two years after completing its business combination with
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For this mid-month update, I am going to focus on two energy related opportunities. One is a short-term odd lot tender opportunity and the second
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The Mean Reversion Volatility Trade The extreme volatility we saw at the beginning of last week thanks to the impact of a small increase in
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Lululemon Athletica (LULU): $283.72 Market Cap: $36.38B Enterprise Value: $35.88B Our pick for the June 2024 mid-month update Zillow (ZG) following an insider purchase by board
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Zillow – Class A (ZG): $46.55 Market Cap: $11.37B Enterprise Value: $10.30B Key Insights: Independent Director Jay Hoag, who has served on Zillow’s board since 2005
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Howard Hughes, Inc. (HHH): $68.13 Market Cap: $3.40B Sum-of-the-Parts Estimate Per Share: $129 (as of June 30, 2023) Howard Hughes is probably one of most misunderstood
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Investor sentiment is often as fickle as fad diets, turning on a whim. We observed that happen when our preferred sentiment indicator, the CNN Fear
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Columbia Banking System Inc. (COLB): $18.46 Tangible Book Value Per Share: $16.12 (as of December 31, 2023) Market Cap: $4.02 B Last month I noticed a cluster
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Earlier this week our portfolio company Diamondback Energy (FANG), announced an oil megadeal by acquiring its fellow Permian Basin fracking company Endeavor Energy Resources LP
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Cerevel Therapeutics (CERE): $42.64 We are publishing this mid-month update a few days early because the HSR waiting period for AbbVie’s acquisition of Cerevel Therapeutics (CERE)
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The market is a forward looking mechanism that correctly anticipated that two subsequent pauses by the Fed will translate into the potential for rate cuts
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