Alright folks, it has been a while since something interesting has come across the desk. h/t to @Thepadre13 for his post on a RegD issuer.
A CA based company has raised over $450 million in cash/mineral assets over the past three years without putting up any equity.. MAGIC?
@elasticretreat I don’t understand how it’s not obvious at this point a Biden reelection would crush NY and CA unless state taxes become fully deductible
You lay the math out to people on their take homes and they’re shocked but it’s what they’re voting for.
People will leave the state
Elon Musk’s ability to just straight up lie to investors, over and over again, with literally zero repercussions, is such an incredible super power.
$TSLA
My friend’s brother knows a quant at one of the largest hedge funds globally.
The PMs (portfolio managers) keep asking his team to re-run their $RUN and $AFRM models because no matter how many times they adjust it, it predicts a terminal price of negative infinity.
They don’t…
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