Value investor. Cash flow nerd. Options 'guru'. Skier, cyclist, chef. @themotleyfool analyst/advisor. All views/opinions are my own. (They can be yours too.)
Feb 8 • 12 tweets • 3 min read
Time for a thread...
So @muddywatersre woke uptoday and chose violence.
FWIW, here's what gives me pause: Is the juice here worth the squeeze?
Most short sellers I just wave away as shit-stirring dumbasses.
Many are temporarily "correct" but long-term the stock is up (i.e. both long-term investors and short-term short sellers make money over differing time periods).
But Muddy Waters/Carson Block is on my very short (ha!) list of short sellers who I believe...
2/x
Given the pedigree of folks involved here, Howley (TransDigm), Thorndike (The Outsiders) and Britt Cool (Berkshire), I really wanted to like this one. After giving it the once over, I came away disappointed.
1/
It started when I looked at the Q2-22 numbers and saw something hinky in the financials. So I chased it down in the proxy...
2/
Feb 6, 2021 • 22 tweets • 4 min read
Here's what keeps bugging me about the whole $CLOV and @Chamath thing.
Now, I don't own Clover or, indeed, anything associated with Chamath, not because I had a positive/negative opinion of him - but because I've just never seen much associated with him that interested me.
1/
And I didn't have any opinion of @HindenburgRes either - indeed, I'd never heard of them before their $NKLA takedown.
I found their initial Nikola report credible and awaited the Nikola response which was...wanting. (And, as mentioned, Trevor was gone 10 days later).
2/
Feb 5, 2021 • 14 tweets • 4 min read
Regarding the present $CLOV and @HindenburgRes "dust-up"...
...for my money it sure looks like Hindenburg's got the goods as they did when they took down Trevor Milton/$NKLA.
1/x
They seem, somewhat refreshingly (snark directed at @CitronResearch) to be able to defend/source every point they make, while similarly ably refuting every counter-point from $CLOV.
2/x
