VROCKSTAR

VROCKSTAR Updated 

let's be clear - i want nuclear/ esp the mini reactor-tech to succeed but there's a difference btwn stonks and reality, sometimes. and this difference can persist for some time. the stronger the meme the stronger the stick. and while my preferred way to play nuclear is OTC:SRUUF - the physical uranium - bc lets be honest i am not housing that lol. it's going...

VROCKSTAR

7/11/24 :: VROCKSTAR :: NASDAQ:ABNB LT winner but ST headwinds - best in class - generates healthy >4% fcf yield - 30x PE (in theory) expensive - but opex leverage not normalized in this environment - PF # probably closer to mid 20s in a smoothed scenario - size factor is ambiguous. 88 bn enterprise value not "small" (by any stretch) but also not a small cap...

VROCKSTAR

if it's unclear to you that this clown show market is going higher, sooner (call it in the multi-week timeframe) just look at VIXY today volatility remains unwilling to underwrite anything but higher AMEX:IWM remains juice OTC:GDLC has the ETH ETF catalyst imminent (next week!?) and by far my largest position rn (at 50% of my whole book) - have a few...

VROCKSTAR

7/11/24 :: VROCKSTAR :: NASDAQ:PSMT Another beat; LT buy <$80 - You like NASDAQ:COST at 50x fwd EPS and low teens (at best) EPS growth? - In the same vein as my comment on NASDAQ:LULU > $NKE... you own the smaller co that's proven itself/ it's niche and is growing faster at a more attractive valuation (always). usually you pay MORE for this once you reach...

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7/10/24 :: VROCKSTAR :: NASDAQ:TXG Small swing, mid $15s - Illumina buying Fluent matters - Have been skeptical of financials on NASDAQ:TXG for some time (and it's a Cathie owned name which has kept me even more discerning) - Still have a tough time justifying valuation mainly bc cash burner and product seems to be inferior to other names + margin dilution...

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6/27/24 :: VROCKSTAR :: NASDAQ:OLPX Buy today, load truck sub $1.4 EPS is slow and i've been on the road for 2 wks, so publishing in some strange stuff today. this is one i've been meaning to write up for some time and was very active in end of april right before i started doing writing publically. if you're not familiar with this product, it's a salon style...

VROCKSTAR Updated 

- look at SPY/SPXEW to get a sense of the weighted AMEX:SPY (tech-heavy led by 10 companies) vs. the equal weight SPY ( INDEX:SPXEW ) to get a sense for how rarely we reach such extremes. these are MONTHLY bars i'm showing - when the general start to fade THIS DOESN'T MEAN THE MARKET TANKS. it could mean a 5-10% pullback. but what happened last time this...

VROCKSTAR Updated 

6/12/24 - vrockstar - NASDAQ:LZ - scanning some fringe names this morning that are on a long list of "haven't check in a while". and had sent this text to a friend that's closer to this stuff to inquire his opinion. would love to hear yours in comments if any? this is my current thoughts/ and that text (verbatim): "You have an opinion of legalzoom (LZ)? It’s...

VROCKSTAR

Pls go read my OTC:GDLC vs. OTC:BITW posts for context. - But the divergence of valuations means OTC:GDLC is about 30% discount to NAV, OTC:BITW about 20% discount. these are starting to narrow. - if BTC rips, GDLC is going to catch up to BITW. not without closed end fund risks. but also don't sleep on this. - it's better btc than ETF at the moment...

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6/27/24 :: VROCKSTAR :: NASDAQ:GPRO 2 cheap 2 ignore at $1.3/shr wtf is V writing about gpro. lol. yuh fam i look at it all. This thing is basically worth the equivalent of it's annual R&D budget which is pretty large at $170 mm (and the all in company is worth $200 ish). - google trends still look like suck for the hardware biz BUT they're not really getting...

VROCKSTAR

7/9/24 :: VROCKSTAR :: NYSE:PAYC Starting small position ~$140 - thanks for the DM, my friend - re-evaluating my prior views (go read 5/1 if interested) - B2B has been a chitty factor YTD owing to 1) biz cut back on spending/ trough year for a lot of names or slower growth lower guides in 1H and 2) fear that AI will further hamper growth prospects - these fears...

VROCKSTAR

7/8/24 :: VROCKSATAR :: NASDAQ:TEAM simply too rich >$180 - like the product, unique biz/ppl/ software mgmt platform - nearly 10x fwd sales for 25% growth is expensive, perhaps justified given quality/ embeddedness of product but tough to justify given comps - equivalent comps likely trading in the HSD multiples, 7-9x. only 10x's and above I see r delivering in...

VROCKSTAR

If you're inclined to buy some cheap sats and don't mind the complexities of the closed end structure, OTC:GDLC > $bitw. TL;DR and so you don't have to dig up my prior comment - the green line represents approximate parity between the two. above it OTC:BITW better. below it (where we are now) OTC:GDLC better. you're getting about a 5% improvement on...

VROCKSTAR

- i won't post much on btc/ related vehicles for reasons i may get into over time - that said, i don't mind publishing this rule of thumb chart i've been using to trade the diversified funds (gdlc - grayscale and bitw - bitwise) - both of these are about 65-70% btc, 20+% eth and 10+% other chitcoins - if/when eth etf, these probably still trade at a discount to...

VROCKSTAR

7/1/24 :: VROCKSTAR :: NASDAQ:DJT - valuation makes no sense, you know, i know, he knows, everyone knows - but i've commented on a bunch of these memes/ catalysts lately - if biden is going to drop out, sooner is advantageous for his party esp after last week - sources reporting this could be case, just preparing presser? - benefits the NASDAQ:DJT pump? - OTM...

VROCKSTAR

7/1/24 :: VROCKSTAR :: NYSE:STZ A buy ~$250, but timing off - great brands (pricing power!) and capable mgmt - EPS can grow teens, impressive for 50 bn EV - 19x PE (though mind the debt so adj. > 25x) reasonable: you get what you pay for - stock is dead money nominally and bad money v tech over last several years - which keeps me patient still - would be...

VROCKSTAR

7/1/24 :: VROCKSTAR :: NASDAQ:SLP Don't see much upside >$50 (going to streamline posts, they've been growing too long last few wks; still working out my publishing process) - SLP has interesting/ unique product for industry - rev growth mid teens is "fine" but not worth 10x enterprise value - PE near triple digits this yr and still >50x in '25 too high - not...

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6/27/24 :: VROCKSTAR :: NYSE:LEVI Skinny entry, seems overdone ~$19/shr Hard to find a discretionary name that had super clean results. NYSE:ONON comes to mind and NYSE:ELF too (wrote up both of those, i'd not own either at the moment - but they r ones that should be on your watchlist). Levi a bit of a different animal. more debt on this capital stack (i...