firstprinciplescapital

[firstprinciplescapital @fpcapital_]

Travelzoo ($TZOO) and why the market may be mispricing it:
It is not a broken travel business.
It’s an asset-light media + marketplace platform transitioning to a subscription model.
The stock is priced as if the business is structurally impaired.
That’s the mistake.
1/N

[firstprinciplescapital @fpcapital_]

@Aktiehedonist I don't think they ever claimed that the growth can be self funded. They probably have2-3 years before hyperscalers close most of the advatage BRUN has.

[firstprinciplescapital @fpcapital_]

@KawzInvests What do you think about auditors opinion

[firstprinciplescapital @fpcapital_]

@athuinvests The CEO and management are world-class. Auditors didn’t believe this. Check the “going concern”

[firstprinciplescapital @fpcapital_]

@Aktiehedonist My biggest concern if they can genuinely convert backlog into real revenue $27M (LTM) to $375, and the "going concern" qualification from auditors.

[firstprinciplescapital @fpcapital_]

@UncleAlpha007 What do you think about the "Going concern" qualification from auditors? The company may not even survive for another year.

[firstprinciplescapital @fpcapital_]

@TheBigBerbowski @crux_capital_ @pennycheck but the management was highlighting supply issues

[firstprinciplescapital @fpcapital_]

@joinyellowbrick 😂😂

[firstprinciplescapital @fpcapital_]

@RosannaInvests @OptimusDelta Why insiders are selling? and they are highlighting supply chain risk

[firstprinciplescapital @fpcapital_]

@Venu_7_ Should we have a pullback? “Handle”

[firstprinciplescapital @fpcapital_]

@Invesquotes good write up. Thanks for sharing.

let me know what you think https://t.co/Z89QdFJRET

[firstprinciplescapital @fpcapital_]

@ouraring DM's you. let me know what I need to do

[firstprinciplescapital @fpcapital_]

@ouraring hey, my warranty claim is under review for three weeks? Is there any phone number to talk to someone? Your services are getting worse

[firstprinciplescapital @fpcapital_]

@ViralMuzik1989 lol

[Ryan Holiday @RyanHoliday]

Lol. Rolling your eyes at the performative philosophy of a member of the most corrupt family in American history is apparently 'fuming'? Although if there was anything to be mad about these days, I think objecting to people lighting the world on fire so they can make a killing in prediction markets and kickbacks is probably it.

https://t.co/XPtOXkTiPn

[firstprinciplescapital @fpcapital_]

@tunguz @grok what’s he talking about

[Sheel Mohnot @pitdesi]

RIP @SpiritAirlines

Choked up listening to the final pilot announcement

[firstprinciplescapital @fpcapital_]

@paulswaney3 😂😂😂😂everyone’s TL today

[firstprinciplescapital @fpcapital_]

@scottnero56 True, but they haven't shared any plan at all. $40 power cost appears to be the aggressive number. They will have rely on traditional sources to support HPC/AI

[Ramit Sethi @ramit]

@chamath You can buy Loro Piana but not a sense of humor