LazCap

[LazCap @Laz_Cap]

@WaterworldCapi1 @ActAccordingly @realsteveeisman Hasn’t this bear case been out there for a while? Why you think it’s trading on it now?

[LazCap @Laz_Cap]

@kieranwgoodwin Was is distressed ?

[LazCap @Laz_Cap]

@CapitalValor You from there or how come you go?

[LazCap @Laz_Cap]

@P_Remarks What you make of px action today ?

[LazCap @Laz_Cap]

@DeepInference what u make of px action since open?

[LazCap @Laz_Cap]

How's that $TLT long going

[LazCap @Laz_Cap]

@KapulskyMa17788 Maybe - but current proposals don’t entail a haircut for creditors and IG4 didn’t buy this six months ago in a worse mkt environment just to write it off now. If anything non-pro rata equity injection kills minority holders. And if it isn’t, it’s a multi-bagger. Sizing Q.

[LazCap @Laz_Cap]

Non-zero chance bottom's in for $BAK

Minority shareholders either get diluted heavily or goes to $6+

[LazCap @Laz_Cap]

@akramsrazor @midwit_capital Ie long meta ?

[LazCap @Laz_Cap]

@Ultradeep3 If new money comes in from sponsors then likely being diluted

[LazCap @Laz_Cap]

@IdleLightkeeper Would argue they’ve reached the island 10yrs ago.

[LazCap @Laz_Cap]

@iamgingertrash @christidis How do you do it tho ?

[LazCap @Laz_Cap]

@Ultradeep3 Their YE ‘27 NAV

[LazCap @Laz_Cap]

@P_Remarks Literally any stock in my portfolio except $AMN

[LazCap @Laz_Cap]

@stepnotonpets What makes you say this ?

[LazCap @Laz_Cap]

@itstoz @BoringBiz_ Word

[LazCap @Laz_Cap]

Should add that unlike crude or wheat, a Mar27 95P on 3m SOFR doesn't cost you much

[LazCap @Laz_Cap]

Bought a fair amount of SOFR puts expiring later this / early next year.

If energy stays elevated and ags take off from here then meaningfully higher CPI post-summer a consequence.

At some point, this feeds thru to interest rate expectations...

[LazCap @Laz_Cap]

@anchovycapital Know someone. Can DM if you follow me.

[LazCap @Laz_Cap]

@Bkclaims How often does this happen (you having to litigate) say out of 100 trades/deals ?