Alpha Letter

Exhausted two share repurchase programs, a quarterly dividend and insiders buying $2.5mm shares Open in app or onlineCatalyst with insider buyingExhausted two share repurchase programs, a quarterly dividend and insiders buying $2.5mm shares Grit AlphaFeb 7SaveListenGood morning.We have had a pretty

Equity value up 25%, dividend has doubled; is a large transaction from strategic acquirer next.Open in app or onlineSpecial Situation Playing OutEquity value up 25%, dividend has doubled; is a large transaction from strategic acquirer next.Grit AlphaFeb 4PreviewSaveIve done research on hundreds of t

Good morning everyone.This will be a quick post on an offshore driller I started buying in the $3.The news yesterday on the name was compelling.And I think it will spill over into the entire offshore drilling market once the market digests everything.But before we get into the news, first a word fro

Multi-bagger in the making Open in app or onlineTurnaround TimeMulti-bagger in the making Alpha LetterJan 30PreviewSaveLess than a month ago I published an article titled, Michael Burry Bought This Stock, So Am I.Since the write-up was published the stock is up 50%.In the original article I stated t

After the market closed yesterday the entire board of directors of Bed Bath & Beyond (BBBY) got all of their restricted stock awards (RSAs) cashed out at $4.When the market closed this afternoon Bed Bath & Beyond was trading at $3.There wasnt a press release of the cash out.There were just Form 4s f

0x segment level EV/EBITDA with peers at 20x EBITDA and the intention to sell to a strategic buyer Open in app or onlineTrading Under 1.0x EBITDATrading at under 1.0x segment level EV/EBITDA with peers at 20x EBITDA and the intention to sell to a strategic buyerAlpha LetterJan 23PreviewSaveI wrote u

If you want to know what a company will do over the next couple of years you need to read the proxy statement.In the proxy statement you will find out how management bonuses are structured, which indicates how shareholders will ultimately get compensated.Open in app or onlineManagement Structure Poi

Good morning everyone.Markets were on fire last week.It appears as if investors are thinking the Fed will slowdown their rate hikes and potentially reverse course sometime in the next twelve months.Should rates decline discount rates will fall again and valuations will rise across the board.I contin

The great thing about starting a newsletter on investing is all of the connections I have made.Through the past few years I have gotten to know a lot of you on a personal basis and have made some valuable connections.One of these connections recently sent me a 100-page presentation on my new favorit

Very likely chance this company gets bought out for a large premium over the next 12 months Open in app or onlinePotential Buyout.Very likely chance this company gets bought out for a large premium over the next 12 monthsAlpha LetterJan 13PreviewSaveFor the past decade I have followed this publicly

Welcome all new subscribers to Alpha Letter.Every week I write about interesting investment opportunities in public markets.I like stocks off the beaten path.Tiny, tiny companies that no one else is talking about.Valuations so depressed that any good news will re-rate a company higher.Alpha Letter i

Happy Monday everyone.There was a lot of insider buying over the past week.An activist investor continued to build a stake in a company that has collapsed from $100 per share to only $14 per share.An income oriented hedge fund bought some preferred stock with a 10% yield.A CEO purchased $3 million w

Over the years I have developed an impressive rolodex of a handful of investors who have handsomely outperformed the market.I keep in close contact with these investors and frequently exchange stock ideas with them.When I have a good idea I shoot them a text to continue to build goodwill and develop

20 cent stock gets a strategic bidder, activist is angry at collapsed stock and negative enterprise value stock gets a 13D filer.Open in app or onlineFinTech Company Takes Major Position in Nano-Cap$0.20 cent stock gets a strategic bidder, activist is angry at collapsed stock and negative enterprise

Distressed Equity Investment is up more than 60% since April and Wall Street is just getting started Open in app or onlineUp 64% And More Room To RunDistressed Equity Investment is up more than 60% since April and Wall Street is just getting startedAlpha LetterJan 5PreviewSaveIn April I wrote up a d

For the past couple weeks I have been on vacation.From Christmas at my familys to heading out South for an extended weekend.Ive been absent from my regular articles on Alpha Letter and havent participated much in the Telegram Group over the past couple of weeks.My vacation is now over and its back t

And other insider buys this week Open in app or onlineBill Ackman Buys Howard Hughes And other insider buys this weekAlpha LetterDec 28SaveListenHappy belated Christmas everyone.Hope everyone had a happy holiday and will have a great New Years.There were a lot of insider buys over the past week so w

Welcome all new subscribers to Alpha Letter.Every week I write about interesting opportunities in the public market.I focus on stocks off the beaten path.Assets trading under liquidation value.Macroeconomics and where the economy is heading.I dont like investing in large, popular companies and find

Over the course of several years in the public markets I have seen investors make the same mistakes year after year.Chasing highly valued stocks.Investing in mega-cap companies where they will get zero informational edge.And falling for technical analysis scammers who promise get rick quick schemes

0x segment level EV/EBITDA with peers at 15-20x EBITDA and the intention to sell to a strategic buyer Open in app or onlineNanocap Tech Stock On Verge Of BuyoutTrading at under 1.0x segment level EV/EBITDA with peers at 15-20x EBITDA and the intention to sell to a strategic buyerAlpha LetterDec 20Pr

A private equity firm continues to make strategic insider transactions at a marijuana company with a fortress balance sheet Open in app or onlineLarge Insider Buying At Year End A private equity firm continues to make strategic insider transactions at a marijuana company with a fortress balance shee

One of my favorite things to look for when trying to find new investment ideas is insiders buying their own stock in the public market.When an executive sells a stock, it could be for a variety of reasons.They have to pay taxes.Divorce settlement money.When an insider sells stock in the company they

Stock up almost 50% today and could go higher as more investors digest and begin to understand the economics Open in app or onlineStrategic Deal Creates Significant ValueStock up almost 50% today and could go higher as more investors digest and begin to understand the economics Alpha LetterDec 8Prev

How to become a successful investor in the public markets Open in app or onlineA Decade On Wall Street How to become a successful investor in the public markets Alpha LetterDec 6SaveListenWelcome all new subscribers to Alpha Letter.Every week I write about interesting opportunities in the public mar

Non-fundamental sellers from getting kicked out of the S&P 600 SmallCap Index.$50 million enterprise value with land and buildings worth $100 million.Open in app or onlineBuying TodayNon-fundamental sellers from getting kicked out of the S&P 600 SmallCap Index.$50 million enterprise value with land