Welcome to The Western Wire.
Independent coverage of global markets, economics, and investing from Texas.
Alongside the news, we publish original investment research and document the Western Wire Portfolio.
Markets move. We follow what matters.
$MOD showing life again after the selloff
DA Davidson just reiterated Buy with a $330 PT, citing durable data center cooling demand & expanding global customer discussions
Q1 revenue +28% YoY, data center sales +90%
Noise doesn’t change my thesis, I’m holding for $300
$TE position update
I invested $200,000 at $3.55 a share, roughly 56,338 shares
I see $TE going to $8, which would put my position around $450,700, roughly $250,700 in profit, a 125% return
Nearly $1M in $MOD,
Holding 4,921 shares at $195,89, I see a path to $300, which would value my position around $1,48M, roughly $512K in profit, a 53% return,
Data center cooling remains the thesis, now it comes down to execution