Ain't nothin' wrong with that! I always love hearing of these trades. They add up!

Yeah, I saw that! I think this is the first one I've ever had happen to me. Very unusual to have one rise from the ashes.

I placed an order this morning just to make sure things were all clear on the buy side, and sure enough I can place buy orders now

TSSI ($12.60) Getting whacked a little after filing $150m shelf:

https://www.sec.gov/Archives/edgar/data/1320760/000165495425000153/tssi_s3.htm

BUKS ($1.73) This seems like a good sign. Insider was not afraid to load up on the dip. Looks like he bought nearly 200k shares:

https://www.sec.gov/Archives/edgar/data/15847/000133259625000001/xslF345X05/primary_doc.xml

BUKS - It does. Tough to know for sure what's going on. Hopefully no shenanigans, but if there were, glad they got rid of them. But we'll see how bad the damage is, if any. On the plus side, the insider has continued to buy recently.

Went back and checked the proxy, he's been there a while: "Mr. McMahon worked in private industry from April 2000 to August 2008 when he joined the Company. Mr. McMahon became Chief Financial Officer in March 2017. Mr. McMahon became Secretary in May 2023."

(Just FYI, Etrade also usually had a day or so goofiness on an uplist or name change etc)

SSLCF - I like that they had to live thru the tough times and scrape and starve to survive. Hopefully, that will keep them disciplined.

Merry Christmas to all!

This pizza restaurant owner is so upbeat and got a nice Christmas present so he won't have to close:

https://x.com/stoolpresidente/status/1871329945487569018

OMIC ($19.00) Our old cash-rich bio bust appears to be getting taken out at $20 by the group who had previously offered $24:

https://ih.advfn.com/stock-market/NASDAQ/singular-genomics-systems-OMIC/stock-news/95148828/singular-genomics-enters-into-agreement-to-be-acqu

LUNR - Not too many details, but company was one of four selected by NASA to support the Near Space Network:

https://www.nasa.gov/news-release/nasa-selects-four-commercial-companies-to-support-near-space-network/

QUBT - Your golden touch continues. Congrats!

(The fun ended for QUAN, however)

Yeah, theme stocks generally seem like tougher sledding these days, right along with the rest of the market, as other posters have pointed out.

AI, nukes, data centers, quantum computing, drones, seems like the market is jumping from theme to theme, with almost none of these companies anywhere close to making money. Who knows when it will all end, but almost everything is feeling a little toppy

There are actually two: QUAN and QTCI. Both have gone up massively on just having quantum in their name

QUBT - You're braver than me! The shell with quantum in the name still moving higher, so maybe the whole run has a ways to go yet

LUNR - Continues to move. Are you thinking new highs, or thinking of selling before then?

OKLO ($21.35) Up on news today. My comment yesterday that nuke stocks had been down for a while might have indicated the bottom lol. Wouldn't be the first time. I often find my own emotions are the best contrarian indicator

QUBT - Don't know how true this is, but wouldn't surprise me if it were accurate. I'd suspect we'll find a lot of this when the music stops:

https://x.com/johhnyWalkerAZ/status/1868752531545112963

BUKS ($1.84) Insider buying continued even at $1.70, so at least one insider still likes it even at these higher levels. Not sure if he's a genius or nuts:

http://insiderbuyingselling.com/?t=buks

Yeah, anything with Quantum in the name has been moving

Quantum stocks, yeah I sold some shares this morning in an otc shell I've held forever that is up like 40% simply because it has the word Quantum in its name. lol Crazy

LUNR ($5.13) Trying to start heading up again, but frankly has stayed down longer than I would have thought. Seems like a few of the high flyer themes are losing their punch. Nuke stocks in a bigger downturn also

I don't even know for sure (my guess is it was a number). I just saw this ticker that was up a huge percentage in my account that didn't look familiar. Looked up the company and that didn't even ring a bell. So I went in my transaction history and saw I had bought it in 2019, so it must have gotten revoked shortly thereafter.

If you've still got any RNGC, I was shocked to see it got reinstated recently. Registration was revoked 5 years ago. I can't place a buy order at my broker yet, but at least it's reinstated

One would hope that things might change. A holding of mine from years ago got reinstated recently. RNGC (Ranger Gold) had its registration revoked in 2019, and just recently got reinstated. I still can't buy additional shares at my broker, can only sell. But hey, to be reinstated 5 years later is very unusual. At least it's something.

BKTI - I don't think I ever saw your piece on BKTI. If you'd be kind enough, please pass along a link, I'd like to read it.

Market conditions - I agree. It's getting a little scary and reminiscent of the the internet bubble days. People who have no clue about what a stock is, don't know what financial statements are, don't know anything about what a company does -- but they're "making" lots of money on this thing they bought and they "know" it's going to keep going up for at least the next 5 or 10 years. Many of these people have yet to discover that stocks can go down too.

ETCC - This plunge right at the opening might have been a forced liquidation by the broker when a margin call wasn't met. We had a couple of these plunges in small caps within the last few months. The customer could have been on margin on other stocks, and then the broker just sells off all stocks indiscriminately until margin requirements are back in line. I think such things all happen automatically by computer.

PNPFF - This is not a comment on the current version of Pinetree, just a FYI on the history. The company was not started by the son of the Constellation guy. It has actually been around a long time. It was started by a guy named Sheldon Inwentash. He ended up a billionaire and shareholders ended up with zero. He was basically a promoter who raised money for whatever was hot. Started in tech and biotech and then switched to mining when that sector became hot. Put the chart on a 20yr timeline and you can see the boom and collapse. There was a big shakeup in 2015-16. I think Leonard came on in 2017

I'd guess the company is very different now, but it's good to know the history. There's a reason the company doesn't mention that past; it ain't pretty. And they probably don't want to be associated with it. Still, this article is a good read for some of the shenanigans that can go on:

https://financialpost.com/commodities/mining/mining-financier-sheldon-inwentash-departs-pinetree-capital-in-big-shakeup

Somehow, I'm not surprised:

https://x.com/elonmusk/status/1866136939247681617

OT: Found this refreshing:

https://www.dailymail.co.uk/sport/othersports/article-14157837/dave-portnoy-estranged-wife-share-joint-bank-account.html?ico=related-replace

Re guidance, those are fair points. But I also feel that guidance in general can create some bad incentives for some of the very reasons you mentioned. CEOs often have a good-sized ego and they don't want to be seen as someone who was wrong, or doesn't understand their business, or is bad at forecasting. So there's the temptation to start fudging a little bit here and there or engaging in shenanigans to "make the number." Or let's do an acquisition so we can bury some expenses in there and get right back to beating estimates. And hey, we all know we're doing it in the best interests of the company, right? We all want what's best for the company, and we know if we don't make the number it will hurt the share price and thus the company. So we're sort of telling a few small white lies, but it's for the right reasons. That sort of mindset can really infect a company's culture.

That sort of twisted morality and illogic is what I worry about the most. Nobody was thought of more highly than Jack Welch at GE. Gave guidance and beat estimates for something like 80 quarters. This guy truly knows his business and it's so predictable! But ultimately, much of it turned out to be shenanigans that took a couple of decades to unwind. I think "earnings on demand" is how some later referred to it.

I actually tend to take it as a good sign when a company has a bad quarter here and there. A good and honest CEO is always going to be using his best judgment in allocating capital, expanding, etc. But nobody's perfect; everybody's human and will make mistakes from time to time, or unforeseeable market conditions will deliver you a surprise. I don't view that as a negative. I'm certainly looking for the most predictable businesses, but I tend to get a little suspicious when things look too good and reported results start to seem too predictable.

The real world has risks and things can change, sometimes quickly. I'd prefer a company focus on profit rather than prophet.

Leave the prophecy to televangelists, because THOSE are the guys who can predict the future.

PGNT - Yeah, it'll be interesting to see how it all turns out. Hopefully there were no accounting shenanigans going on. The Board hasn't suggested anything in that regard. At least not yet. If it's just Sham sort of using the company as a vehicle for his personal lifestyle, then that's certainly not great, but at least that problem would be getting corrected presently. The obsession with OPTT was just absurd to me. Every press release and filing that Gad made seemed like evidence for why to NOT acquire the company

SSLCF - The one thing I'm actually NOT a fan of is giving guidance in advance, down to the penny. That always makes me a little leery. No matter how good you are or how much you think you know the business, things can always change, unexpected things can happen, economic downturn, etc. Seems like it's a way of saying "go ahead and value us on next year's earnings even though we haven't earned it yet." I always prefer just running the business and put up the results, and if anything, let people know that nothing is for certain and no one can predict the future.

I always like to hear of the potential downsides, even on stocks I own, so I appreciate the skepticism. I'm never into deluding myself. If you run into any serious negatives, please post them. Thanks for the info.

SSLCF - From listening to some interviews that mgt has done, the inventory is not so much a directional bet on pricing, but rather, preparing to meet demand that they believe is already there. This latest acquisition used to have much higher revenues and went from like $20m down to $12m. Mgt contacted the key accts to see if the products were still in demand and they were told absolutely, they want the product and there is demand for it. They just couldn't buy it, because the previous owners were having working capital issues. So the build up of inventories by SSLCF is on purpose for integrating the newly acquired company and to be able to deliver product. The acquisition also puts them into new territories.

My general take on the weed biz in Canada is that the big boom happened, money was flowing easily to the sector, and it resulted in huge oversupply. And a lot of those people weren't really business people. They were potheads first and business people second, or third, or after another bag of Cheetos. A fair amount of irresponsible people who didn't keep their word, didn't know business, couldn't produce returns on money, and thus, money dried up. Whereas SSLCF is more like accountants and investors who decided to go into the weed business. Profitability is first and foremost. CEO is a Chartered Accountant. As a result of money drying up to the sector, the business people who have proven themselves responsible are now able to get some pretty good deals (in theory). Many of the suppliers and retailers have also been burned a few times and are looking for relationships with business people who can keep their word and pay their bills. SSLCF has a reputation as someone who does that.

I'd like to think that this is a case of good business people competing against people who are not so good at business. Plus SSLCF kind of started at the end of the boom (or beginning of the bust), so they had to scrimp and save and watch every dime just to survive. They didn't experience much of the "easy money" times, and I'd like to think that's a good thing.

Even the PR from the company that sold to them basically says, "almost nobody in the industry can make money but these guys, that's why we're selling to them":

https://stockhouse.com/news/press-releases/2024/08/28/lifeist-wellness-chairman-s-letter-to-shareholders

Finally, if you haven't seen it, I've timed this Youtube interview to start where the CEO talks about inventory build, etc: (Update: looks like Ihub won't accept the timed start, so go to 34:40 of the vid)

I'm curious as to which calls you like. Near term, long term, in the money, out of the money? I haven't bought any yet, but I'm kind of liking the deep in the money Jun '25 calls as a way to get a little leverage for not much cost, and then maybe a little at the money or out of the money for more speculative dollars. What's your approach?

keep ringing the cash register!

Those types of wins remind me of an incident I had when I was out walking for exercise years ago. Near the edge of a strip mall parking lot, I noticed there was a dollar bill on the ground folded in half. Reached down to pick it up and could feel it was more than just one bill. So I figured maybe I found $2 or $3. I put it in my pocket without thinking much about it or unfolding it. Got home and cleaned out my pockets and was like, "Oh that's right, I picked up that dollar bill." But when I unfolded it, I discovered it was actually two $1 bills on the outside, and three $100 bills on the inside. $302 total. I was like, holy crap! I felt like a jillionaire.

That's what those deals feel like where you can put in $30 and take out $350, Give me more of those every day! ha

Ha, I've been there before. "This must be great news! . . . I mean horrible news"

SSLCF - I like it and own some. Warrant overhang was a big issue, but they've taken the hit on that now

TGEN ($1.60) This one must have gotten a newsletter write-up somewhere or something. I would have bought if I had seen the news on 11/25, but I missed it. The stock closed at $.90 that day and barely moved during Thanksgiving week. These orders from good customers are an excellent sign, but seems like the stock has moved way too far, way too fast based on very little (like every other stock at the moment lol). I still want to see margins, evidence of moving to profitability, etc.

But in this market, who needs any of that stuff! Wall Street makes the most on unprofitable stocks that keep burning thru money and need to raise more. Wall Street makes sure that the "hopes and dreams" stocks are on the news all the time to continue the frenzy!

LUNR - Yeah, the price has held up well and rebounded well, never came that close to $10.50. And I'd bet there's a few positive press releases already planned

TGEN ($1.12) Finally bought a few of this one at $1.03 when it plunged this morning. Over the holiday week, I totally missed that they had announced some big orders:

https://www.otcmarkets.com/stock/tgen/news/Tecogen-Receives-Orders-for-7-DTX-Chillers-for-Las-Vegas-Convention-Center?id=460222

https://www.otcmarkets.com/stock/tgen/news/Tecogen-Receives-Orders-for-12-Cogeneration-Systems?id=460243

I'm not gonna buy too big before I see the actual financial results to see if they're headed in the right direction.

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