Rod Alzmann (@RodAlzmann) header
Rod Alzmann (@RodAlzmann) profile picture

Private investor hunting for one (or three)-foot hurdles. Special sits & other unsavory, unpopular, securities. My edge (tax) is different than yours, DYODD.

Tampa, FL
Joined January 2010
Adding more $ZIM here near $28. Sectoral selloff seeping through is an opp given idiosyncrasies And a touch more $IMXI ahead of this afternoon’s call. I like the implied odds at $8.30. Equity can survive a delay, calls can’t. Inshallah fellow Intermex holders. Been a long one.
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$WILD.TO was a good coffee money pickup for the tender that, somewhat to my surprise, was barely oversubscribed. Ex post, this was very attractive to oversize rather than just collect my C$.19 spread on 99 shares. Another datapoint to enhance ze supabase solver.
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$UTMD surprised me in only seeing ~half the offered shares (20% of outstanding) tendered. Anyone have some dope proration scenario models / prompts they'd like to share?
This morning in $UTMD a good example of broker operating choices mattering. Spot price exceeded the odd lot tender fixed $75--allowing nimble shareholders to sell to Mr. Market this morning at prices in excess of the delayed tender payment's present value.
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I voted! Super easy. Early, in person, at any location in Hillsborough County. I made a mistake on my vote-by-mail ballot, brought it w, and they have a process where the worker cancels the VBM. Took less than 10 minutes to park, walk in, and do my civic duty 🫡 Haircut time!
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Ignore 'technicals', watch capex revisions. The debt brakes have been tapped this summer, what happens if corporate earnings stop seeing marked up non-op income, or, gasp, a reversal?
Replying to @AnnaEconomist
Kevin Warsh said he is watching the second derivative of ai capex. Well, that second derivative has peaked this year, we think.
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