Chris LeCates

Oil and Gas Attorney

[Grok @grok]

@RpsAgainstTrump No. No president has earned anywhere near $1.4B in a year while in office. Trump came closest, reporting over $1.6B in outside income/revenue across his full first term per disclosures. Others typically divested and earned mostly the $400k salary.

[Republicans against Trump @RpsAgainstTrump]

Reporter: “Who are you meeting with this afternoon?”

Justice Thomas: “Nobody”

Reporter: “So what are you doing? up here [at the Capitol]?”

Justice Thomas: “Just walking”

[Julian @Julian_Trades1]

2 companies that insiders are buying the dip on with high conviction.

$TTD Trade Desk: CEO bought $148M worth of shares around $25

$FISV Fiserv: CFO and Directors have bought the stock 6 times in June alone.

We’ve never seen a stock fail after this kind of insider buying…

[Volodymyr Zelenskyy / Володимир Зеленський @ZelenskyyUa]

Since the start of the full-scale war, the Russian army has been given as many as 15 deadlines for capturing our Donetsk region. Russia’s political leadership remains obsessed with Donbas. They have entertained this delusion – that they would fully capture Donbas – 15 times already.

In 2022, the deadlines were March 31, then May 9, June 1, September 15, and December 31. In 2023, Putin set two more deadlines for capturing Donbas: March 1, and then, when that failed again, they moved it to December 31. In 2024, there were again two such deadlines.

In 2025, when the Russians tried to convince President Trump that Ukraine would supposedly fall, there were already three final dates for capturing the Donetsk region, namely, September 1, December 1, and December 25.

Already this year, the Russians have again pushed back the date for the capture of the Donetsk region. At first, they had set a deadline of March 31 of this year, then September 1, and now the deadline is December 31.

If Russia does not end its war, they will have to move this deadline again as well. If Putin wants to sacrifice another million of his soldiers to keep smashing against this wall, then the million Russians who have not yet been mobilized into the Russian army and are arguing in gas lines should think about what awaits them next.

[Igor Sushko @igorsushko]

In case anyone forgot, Biden worked to prevent Ukraine from striking Russian oil at all costs, even with Ukraine's own drones.
Biden used the conditional and very limited arms supplies to Ukraine as leverage.
Moscow is currently out of fuel.

[Republicans against Trump @RpsAgainstTrump]

GOP Rep. Thomas Massie:

“I think it's ironic that we control the House, Senate, Supreme Court, and the White House, and we're yelling 'election fraud'? I mean, we won all the damn elections."

[Joni Askola @joni_askola]

A traitor who takes orders from a fringe religious guru was the Director of National Intelligence for 15 months.

The newly exposed reality of Tulsi Gabbard's compromised leadership is a massive blow to American security.

For years, critics warned about Tulsi Gabbard's alarming ties to Chris Butler and his Hawaii-based sect. Now, a massive trove of leaked emails and internal memos has proven the worst-case scenario.

The documents reveal a systematic pipeline where Gabbard was told exactly what to post, what legislation to introduce, and how to frame her media appearances. Her political career was essentially manufactured and guided by a group that former members explicitly describe as an abusive cult.

It explains so much about her baffling political trajectory. This is the same person who consistently parroted pro-Russian propaganda, carried water for brutal regimes, and actively worked to undermine Western alliances from within the highest levels of government.

Donald Trump's decision to appoint a compromised asset to the role of Director of National Intelligence is pure betrayal of American interests. It goes beyond simple bad judgment. Elevating a compromised figure under the total control of a cult leader is as traitorous as it gets

[Adam Kinzinger (Slava Ukraini) 🇺🇸🇺🇦 @AdamKinzinger]

Insane

[Anthony Scaramucci @Scaramucci]

Let me tell you something about Trump that his critics consistently underestimate.

He is the Napoleon of the culture war.

Read Andrew Roberts’ biography of Napoleon, he saw the entire battlefield and anticipate where generals were moving their troops before they even made the decision.

Trump does that with culture.

He gets the transgender issue in sports, he gets the anti-woke movement, he understands the Bible Belt intuitively.

He told me something once I’ve never forgotten.

He said my base is socially conservative and fiscally liberal.

They are working class people who need the government’s help.

Which is why he never touches Social Security or Medicare.

Not because he’s generous, but because he has extraordinary political instincts and he knows exactly who put him in office.

He gets the culture and his opponents keep making the mistake of thinking he doesn’t.

[Anthony Scaramucci @Scaramucci]

Trump told Leslie Stahl something years ago that everyone should hear.

She asked Trump he kept calling the media fake news.

He said, I do it because I need to discredit you, so that when you say negative things about me, nobody believes you.

That is EXACTLY what he’s done.

The problem everyone has with him is that most of us grew up with values, ethics, and integrity.

That is not Donald Trump.

He figured out a long time ago that he can bully his way through any rule and if he keeps pushing harder and harder, people will relent.

For most of his life they did, but we must stand up against it.

[Chris LeCates @LecatesChris]

@marklevinshow Can’t tell if this is sarcasm.

[waterboy @waterboystocks]

$CHTR -- Another new low. Down 4.4% today and 81.6% over the past five years.

Bonds are rated Ba1 by Moody's, which means they have a 12-15% chance of defaulting by 2036. Interest coverage is 2.6x. Capex is 20% of revenue.

However, their bonds maturing throughout the 2030s yield around 6.5% and trade at par, while the current equity yield is about 25% -- an 18.5% spread.

Berkshire fully exited in Q1 (likely a Todd Combs position)

[Anthony Scaramucci @Scaramucci]

Trump’s grift will be caught. It always gets caught.

The insider trading, the crypto grift, the international bribes, the ballroom donors getting contracts, the pardons going for five to ten million dollars a piece, there will be a reckoning for all of it.

It’s disgusting, but here’s the silver lining I want to leave people with.

If we get a reform-based president after this, they now have a complete playbook.

Every norm broken, every standard flouted, every weakness in the system exposed, it’s all documented.

That’s actually the roadmap for reform.

Trump has been so brazen about all of it that he’s inadvertently shown us exactly what needs to be fixed.

[Michael McFaul @McFaul]

Trump completely capitulated to the Iranians.

I did not have a big enough imagination to believe we would sign a deal respecting theocratic dictatorship and then giving those killers billions and billions to strengthen their autocratic repression.

[Julian @Julian_Trades1]

4 insiders bought 6 figures+ worth of $FISV shares yesterday.

3 insider directors & chief admin.

This is after the CFO & 2 other insiders bought millions worth of stock in December.

Insider conviction signaling confidence, this is a good sign for the stock.

[Oracle @OracleNYSE]

$FISV Burry Buys

Burry adds to full position at $48.5, cites resilient Castle‑tier business despite CEO turnover

Substack

[Compound248 💰 @compound248]

Update:

>50% of the market cap…

[Bob's Payment Stock Substack @bobspaysubstack]

@kab604 I own $gpn not $fisv but I think the argument here for $fisv is that it trades at 6ish times an EPS # that has already been reset (margin down 100s of bps from peak) whereas $gpn and $fis trade at roughly similar valuation but still face potential reset

[Chris LeCates @LecatesChris]

@Evan_Davies1517 @Emmitt_Jordan2 @The_only_Andy @Primary_Pianist Appreciate any respectful discussion. How do they contradict the Bible?

[Chris LeCates @LecatesChris]

@Evan_Davies1517 @Emmitt_Jordan2 @The_only_Andy @Primary_Pianist Based on my recollection of it. I’ve only read it once or twice.