Sam

America First

[Sam @sper24]

Sold my $OPEN position yesterday after getting my own Opendoor offer.

I’m a believer in disrupting real estate, which is why I initially purchased the stock. The experience was smooth, assessment was easy, 4-day turnaround. Good UX.

Then the offer hit.

Comp in my neighborhood: $670k (same floor plan, sold pretty recently)

The offer: $620k
Total fees + deductions: ~$60k
My net vs. just listing: -$110k

This isn’t a real estate disruption. It’s a convenience tax that only works for desperate sellers. The TAM for desperate sellers isn’t a business.

[Sam @sper24]

@NoLimitGains Now show their latest google position

[Sam @sper24]

@Brownmoose Cross reference with mid term years, could be interesting

[Sam @sper24]

@FuzzyPandaShort You and @CulperResearch should collab

[Sam @sper24]

@wliang What’s the feeling on $GREE?

[Sam @sper24]

The main issues data centers are facing are compute constraints and permits.

$GREE has 111.5 MW online and a pathway to 161.5 MW. They also have permits in New York through 2031.

The absolute downside is a fire sale where assets are sold at worst case $100M+ (current market cap ~$25M).

The upside is a 5-10x re-rating if and when they get the $36.7M debt overhang resolved by October 2026.

Genuinely what else am I missing? Given the constraint of the two issues above, I find it hard to believe they don’t find a resolution given their assets.

[Sam @sper24]

@CulperResearch Is this the new @CramerTracker?

[Sam @sper24]

@cmsinvests In a couple of years from now, probably.

Money isn’t flowing into the Saas sector for a reason, and that uncertainty around their valuation won’t change while we’re still in the infancy of AI disruption.

[Sam @sper24]

@Han_Akamatsu Grrr

[Sam @sper24]

@saltcitysportut Maybe we have a tv deal in place by next year so we can all watch it too…? 🤷‍♂️ one can hope

[Sam @sper24]

@ArtTakesNote Boozer has the lowest ceiling. Probably the highest floor too, but not something I want with a #2.

[Sam @sper24]

@WizardsMuse1 @EBJunkies Couldn’t agree more. Boozer in a wizards uniform would be a great fit.

[Sam @sper24]

@TheLongInvest What’s a lot of money? Genuinely curious when you felt like you had a lot of money

[Sam @sper24]

@Han_Akamatsu The fall off of No Limit has to be studied. Every time I see one of his posts, I can’t help but laugh a little.

[Sam @sper24]

@mikealfred @CulperResearch Bump

[Sam @sper24]

@CulperResearch Been just over a month, how’s the position doing?

[Sam @sper24]

@Cincitucky1 Heard it’s 2x that.

[Sam @sper24]

@itschappy 30 min sacrament meeting, 40 minutes for each class would be optimal imo

[Sam @sper24]

@ByuSome Safety? With Raider and Satuala starting? That might be the best position group on the field

[Sam @sper24]

@maziehirono I’ve never understood this talking point. This seems so stupid. Please, someone explain this to me.