Smol Fish

[Smol Fish @SmolfishB]

@MichaelNaussCMT Ask a Gen Z who MJ or Tiger is - then ask yourself who will be a Nike consumer in the next decade

[Smol Fish @SmolfishB]

More major $tday news…
Judge Castel has scheduled the trial date for April 5, 2027!

This converts the hypothetical damages of how much and when - to up to $2.7bn and potentially a verdict in 1H27. Should see real settlement talks as early as Feb-March

https://t.co/o9fmwfBHqU

[Smol Fish @SmolfishB]

@iwantlambo Wow I never thought of it like that (strengthens bear argument for me). A whole new generation of consumers never had MJ, or Fed or Tiger to look up to… they have no loyalty to Nike and it’s lost is lustre. The new MJsare the tick tok that promote the next flavour of the month

[Smol Fish @SmolfishB]

Market has been short $IWM and small caps murdered. Shorts legged into $TDAY following Q2 weakness. Now trapped and lots of catalysts on the horizon. A well timed PR on the AI licensing deal in the next few weeks could be more fuel. See you in the mid teens… 2/2

[Smol Fish @SmolfishB]

$tday 1/2
Major hurdle cleared with summary judgement and all major claims in tact. $900m x 3 = $2.7bn plus interest and fees potential payout.

Google has ~10bn liability with this and MDL case. The leverage this gives TDAY in settlement discussions is immense.

[Smol Fish @SmolfishB]

@jason_kint I certainly will and would recommend you compensate yourself with all this amazing coverage by buying Gannett $TDAY before the market notices. Even a $1bn settlement makes this stock at least double

[Smol Fish @SmolfishB]

@jason_kint $tday - you’re doing the lords work Jason!

Look at that damages number !!! 900m equal to the market cap prior to trebling

[Smol Fish @SmolfishB]

$tday $900m x 3 - commence settlement discussions … this is going to moon 🚀🚀🌕

[Jason Kint @jason_kint]

Good news, bad news in Google-accountability tonight.
First, good: antitrust adtech case survived nearly all summary judgment motions. 1st peek at damages shows two pubs alone at $1.5B (this gets tripled), AdX class at $1.7B, and still unpacking auction rigging effects. 1/2

[Smol Fish @SmolfishB]

@junkbondinvest Right, but construction debt gets robust performance security from the contractor and liquidated damages are dropped down - obviously depends heavily on credit worthiness of builders

[Smol Fish @SmolfishB]

@jason_kint Link?

[Smol Fish @SmolfishB]

Need to stand up for valuable content creation and make the LLMs pay for what they steal $tday

[Smol Fish @SmolfishB]

Honestly feels like today was a pivotal day in the sentiment against AI. The plagiarism of valuable, native content is a landmark issue and is being fought in all disciplines. NYT litigation, the recent NS controversy.

[Smol Fish @SmolfishB]

@jason_kint What would be the ‘steepest’ form of behavioural remedies such that it’s characterized as a DOJ win? The remedies trial made it seem like anything short of structural was an L for DOJ

[Smol Fish @SmolfishB]

There is a lesson I continue to pay the price in never trade binary events. So much alpha in capitalizing in people being caught offsides. One of the best trades in markets is buying good but not great news on a large selloff because market was hoping for a homerun #cytk

[Smol Fish @SmolfishB]

@venturetwins Didn’t they make a list with the top 100 podcasters and omit Rogan?

[Smol Fish @SmolfishB]

@ACapitalLP $tday - more like melting ice cube v shitco. I think the story here is really derisked and underlying business pumps cashflow, just need to be patient. Revenue targets getting delayed is frustrating, but the overall trend is very promising. Pretty easy name to keep accumulating

[Smol Fish @SmolfishB]

@ACapitalLP They guided to lumpy results and this Q slows some momentum. But they reiterated EBITDA growth FY so thesis in tact. Buying here for sure. Google results likely out by sept and then accelerated hearings in their case

[Smol Fish @SmolfishB]

@ACapitalLP Adtech litigation likely to get a big milestone update in less than a month.
The fact that no OAI or anthropic deals have been announced yet leaves big catalysts for content licensing. Also SP600 index inclusion (6mo away)
Lots of upside $15+

[Smol Fish @SmolfishB]

@LynAldenContact not gonna lie, I saw that headline and sized up more into gold. Worked out...

[Smol Fish @SmolfishB]

@nishantkumar07 Allocators, please DM me