BasedShark

NYC | Special Situations Investor | #isles

Tweets are neither recommendations to buy or sell nor financial advice

[BasedShark @basedshark01]

@chrisvirnig @Lord_of_Biotech In terms of return this one feels very low-ceiling/high-floor to me.

[BasedShark @basedshark01]

@Lord_of_Biotech Reverse merge in a way that exercises as much of this as possible would be my guess.

[BasedShark @basedshark01]

@khlorhine The one page epilogue to Blood Meridian is about this.

[BasedShark @basedshark01]

@IslesFix In fairness to Milbury that was one of the worst draft classes in NHL history.

[BasedShark @basedshark01]

@CJHandmer There's no human resources or permitting in Factorio

[BasedShark @basedshark01]

JR Mentioned

[SNY Mets @SNY_Mets]

Thanks to Gary Cohen, we all now know what "pulchritudinous" means

He shares how he learned the word and thinks about the word he will drop in his next big call 👀

[BasedShark @basedshark01]

@phenomcapital I read this and unwisely said no. Congrats.

[AnotherBioInvestor @AnotherBio]

$RPTX boom just paid 22.93 US-cents. The 5 mln from GILD were expected but the 5.7 mln true-up was substantially larger than expected.

Would be a touch less spectacular if the 3mln from DCX were included, but cannot say.

Just the remaining 3 mln from GILD will bring us to almost 30 cents, when DCx pays their 3 mln (unless included) we´ll get ~5.7 cents at a 90% participation rate.

Debiopharm (Lunre) recently also had great news and was initially communicated with a near-term payment, my guess is they will pay 5 mln$ on choosing a P2 dose? Otherwise P2 initiation a highly likely trigger.

And there are still other assets to monetize. I think this will return close to or more than 100% of last closing price within 12-18 months and that is before the real deal (the BMY assets) are considered.

[BasedShark @basedshark01]

@marketeuphoria Thanks for your input. I will consider your concerns.

[BasedShark @basedshark01]

1/ $ORGN - Step 1, take the range of liquidation values and a range of likely dates the payment might be made. Discount the values accordingly.

[BasedShark @basedshark01]

@tom_grlla I've never owned it and haven't looked at it in a while. I'll check it out.

[BasedShark @basedshark01]

Fin/ DYODD, not financial advice, open to any thoughts.

[BasedShark @basedshark01]

7/ I've also cut this down as a sanity check. My thoughts is that the Geismar property is money-good considering recent appraisal and long-term prospects for Gulf-coast chemicals. Sarnia is more of a concern.

[BasedShark @basedshark01]

$ORGN - Just sold this rally. Will look to get back in at some point.

[BasedShark @basedshark01]

Long $ORGN for a liquidation punt.

[BasedShark @basedshark01]

@chrisvirnig An updated analysis for Q1. Indicated range from the proxy is between 0.61 and 3.48 per share.

[BasedShark @basedshark01]

Long $ORGN for a liquidation punt.