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Tourlite Profile picture
Tourlite
@_Tourlite
Investment Manager - founded by @jeffreycherkin
Jun 21, 2023 • 5 tweets • 2 min read
We are long Latch $LTCH.

We project 150-250% upside as the stock trades below cash value (~$1.20 per share) and the company has likely reduced its cash burn rate.

(1/5) We believe this cash figure has gone unnoticed by many investors due to Latch being perceived as a broken SPAC with outdated financial filings. The updated cash figure was disclosed in March 2023 during the $SIVB collapse

(2/5)