Ryan

[Josh Crumb 🆔++ @JoshCrumb]

@riskfullfan This will not end well for them. Hoping Mr. P and Mr. M have no clients or LPs in Singapore, may not get to ever return there after this C-team attempt to lie, distort and manipulate markets to make a buck.

[Josh Crumb 🆔++ @JoshCrumb]

Anatomy of a 🩳 short and distort “conspiracy” (fact, not theory):

Step one: price goes up

Step two: short sellers short without thinking too much, CEO is on Twitter and it “must be a retail promote”..hedge fund admittedly doesn’t know what a clearinghouse or a verifiable credential is

Step three: ~half of all volume for better parts of full months is short selling and bid whacking, stuffing PR opens and failing to deliver etc, but price doesn’t go down much, so they solicit Canadian bank sales desks and the HF street in a flimsy “idea” to join the short, focusing a lot of the pitch on personally attacking the CEO (‘cause again, they don’t actually understand anything about the business).

Step four: CEO calls out the “short selling conspiracy” early, often, warning shareholders of unnatural volatility—I take a lot of flak for it (morons keep saying I’m “blaming short sellers for his stock price”…nope, that’s part of their information game, to make the CEO sound like a conspiracy theorist looking for a boogieman, when if you read the actual damn tweets I’m just calling it [correctly] how I see as it’s paying out and warning shareholders)

Step five: [criminal?] hedge fund solicits a lap dog for the dirty work of actually publishing a “hit piece” (I think multiple, but one finally takes the bone)

Step six: the “reverse newsletter pump and dump” starts, ‘short and distort insiders’ who know it’s coming start popping up in social media and chat boards, can’t help themselves but to front run the report (either their ego needs to be seen in social media so they leak their information, or they start a position, or both).

Step seven. CEO plants some information into the swamp just to make sure (lap dog eats it up).

Step eight. The idiot conspiracy is finally revealed, even less professional, more slop and full of ad hominem geared to “retail” than expected…some Morgan Stanley client who has been shorting consistently for a month is immediately on the cover bid (but instead of calling it a reverse pump and dump, let’s use Andrew Left’s words, a “risk managment” cover at market open after the report 😂)

..some step down the line, rats all turn on each-other when the failed reverse pump and dump (short and distort) ends up in court, someone else goes to jail hopefully (don’t worry Mr. S, I’m keeping a personal piggy bank set aside on this one to help that happen)

[Ryan @maplesyrup_8]

@JoshCrumb @GenY_Wealth @RealRickRule A rule classroom appearance would be incredible.

[Rick Rule @RealRickRule]

" pitch Rick" is available to any public issuer. " pitch Rick" is a 1 1/2 hour long due diligence session, not an advertising session. These seessions are distributted free too the Rule Classroom, and the Rule Investment Media audiences. This is free to the viewer, and costs the issuer US$7500

[Josh Crumb 🆔++ @JoshCrumb]

I’d love to. We’ve spent the better part of a decade now building smarter markets for commodities, putting together the best team in the world. I think it would be highly educational.

..and it’s one heck of a terrible “pump and dump” to spend half a decade licensing and trading below salvage value of clearing licences because nobody in Canada understands the plumbing or business model of futures markets, and where the CEO and board have materially only been buyers of millions in stock (even up past today’s price, and buying this week, CEO never sold a share and bought ~1mm)

I must of got this whole pump and dump thing terribly wrong.

[Josh Crumb 🆔++ @JoshCrumb]

I like the stock. And I’ll be buying more.

Markets are funny. Nothing but the growing net shorts had anything available to sell under $55 for all of Q2 until [checks notes] the company raised $ 69mm at $54.25 and completely derisked the balance sheet through the rest of the transformational growth and ramp up period through 2027; nothing was for sale before…but now we can buy below 50, at Q1 prices again, like the Q2 fundamental breakout growth and new product rollouts didn’t even happen!

It was the third week of March when the stock price was last here, when the 50ma Exchange ADV was less than a one-third of today’s ramp up (and just take a look at the rest of Q2 PRs and derisking since then).

Abaxx isn’t an economic cyclical or tech momentum stock (even though we’re being traded that way since the TSX listing) — we are a QoQ fundamental derisking, blocking & tackling, “NAV unlocking” stock as we take the probability of our benchmark contracts succeeding from “~20% priced in now”, to something much higher through end of 2027 with no financing overhang and a significant s/d deficit of shares IMO for those who will want to own that asymmetric call option through each quarter of derisking (plus the tech value unlock), versus those who just trade/flip/want to exit.

I don’t believe there is much real supply to materialize below $60 (or even analyst consensus pre-tech of ~$85), and 1 in 4 shares sold in second half of May were new net shorts again.

So much more just up ahead. I like the s/d. I like the stock.
#29ers $ABXX

[Ryan @maplesyrup_8]

@Gubloinvestor Tfsa bro

[MikesMoneyTalks.ca @moneytalkstweet]

Do you know
It takes the entire federal income tax paid by 8.39M million average taxpayers — each paying the median amount of $7,000 — just to cover the $59 billion in interest on the federal debt for this year (2025-26).
That’s roughly 40% of all Canadians who actually pay federal income tax… simply to service the debt.
Not to build roads, not for healthcare, not for defence — just to pay interest.
Note: The Federal government forecast interest expense to rise to $76.1 billion by 2029/2030

[MINING.COM @mining]

The new king of The Ring of Fire? Robert Cudney’s big bet https://t.co/B9nbHnSKEL

[Ryan @maplesyrup_8]

@JoshCrumb @GuyChase9 Excited to watch it all unfold in real time. In Josh we trust.

[Alex @ivandemigoal]

Points in the ECF :

Dobes = 1
Matthews = 0

[Josh Crumb 🆔++ @JoshCrumb]

Didn’t realize the commodity price and volatility “bible” was online. This is a must read for anyone who wants to understand commodities and futures curves. …@CommodMkt & @DavidVGreely published this (and Allison and Damien, @stefan_wieler, Sam and Johan etc) the day I started at GS, but I was excited to see that a few of my frameworks for how metals market contrast with energy markets from my long discussions with Jeff before I on-boarded made it in there.

[Ryan @maplesyrup_8]

@JoshCrumb @_riskFULL @UpslopeCapital @New_User543 @RFitz8990 @PKsNYC @resettingpw7 @TRichCRNA @scotty24287 @James_Duade @nobenchmark Never has been a doubt. Off piste beers. And go Habs. An engineer of ontological design. Respect the architect. 🏔️ 🖼️

[Josh Crumb 🆔++ @JoshCrumb]

Take care of your shareholders, they take care of your vision. So basic, but so many people get greedy. Lundin gave the same time to the barber, the small investor of broker, or pension fund (my office was right next to his and I always got the waiting line overflow, couldn’t get anything done until after Lukas went home 😂). Best down to earth exec chairman I ever met.

We’re all ride or die together. Path to the promised land, or down with the ship

[Rick Rule @RealRickRule]

elbows up

[MikesMoneyTalks.ca @moneytalkstweet]

Short list of greatest absurdities in Canada
There are no consequences to the massive build-up of government debt - and the continued deficit financing.
Meanwhile: "Federal debt will reach a projected $2.9 trillion by the end of the decade. This is a disaster for younger Cdns, who will bear the bulk of the debt burden — that is, higher taxes — for decades to come."
- Jake Fuss, director of fiscal studies & Grady Munro, senior policy analyst, Fraser Institute.
PS Federal debt maturing this yr to be rolled over + new borrowing = $566 billion

[James Duade @James_Duade]

At $3M USD a day in revenue on 1M ADV that's $750M USD a year in revenue for just the exchange, let alone Abaxx's Tech.

With a 12x price to sales multiple (fairly consistent with ICE/CME) that gets you to a $9-$10B USD valuation.

Abaxx is about to be the beneficiary of one of the rarest events in finance; when a microcap becomes a large cap and passive fund flows push it all the way there. This rarely ever happens, and if you are on the sidelines it is worth meditating on. There is still an easy 5-10x here, and a potential 100x+ if the blue sky potential of Tech works out.

Of course DYODD and invest at your own risk.

[Ryan @maplesyrup_8]

@JoshCrumb @KeithMcCullough Thank you for everything @JoshCrumb @James_Duade

[MillennialWealth @GenY_Wealth]

We called $Abaxx extremely cheap in 2024. #Silver futures now imminent. #someonesshort #lowIQ #centibillion

[Louis-Éric Mongrain @mongrainle]

Habs won has many series in the last month than the Leafs did since drafting Matthews 11 years ago.