$WIZZ.L Results are out, bought more at open, up 13% as of now. Solid H1, €1.98B cash, grounded aircraft improving (41 → 35), and capex trimmed. Crucially: they plan to repay the €500M Jan-26 bond from cash - bullish. 1400-1600p in the short term.

$SPRB very good news considering the logistical impossibility of filing in Q1 2026, which would mean missing the PRV deadline. Senate next.

If your best idea is $ADBE at 20x PE, you deserve the poor results you are going to get

We will remember 2025 as the last year we could tell apart what’s real and what isn’t

We wrap up 2025 as a very solid year, up 52%, significantly overperforming the index for the second year in a row. No hype, no leverage, just research and conviction. As Charlie Munger once said: "It is remarkable how much long-term advantage people like us have gotten by

Bear case for $BTC: AI/Big tech is going to swallow up all excess energy for the foreseeable future, rendering mining and the network useless

H.R 1262 update: Holland & Knight (law firm with massive lobbying in DC) confirmed yesterday that PRVs extension was added to the Jan 20 funding package. The stall from S. Sanders was solved and it’s very likely it will pass. To be fully confirmed by Jan 30th. Huge win for

Thanks for playing along $WIZZ.L

Interesting price action for software, if this is not textbook capitulation idk what is it.

Long $PYPL at 41$, no brainer.

Shorts right now

$SPRB delaying their BLA submission was obvious following the passing of the PRV voucher extension. As we pointed out there was just no time to pass the CMC in such short time, and having anticipated this with the FDA significantly de-risks the long term. Bullish

It was free optionality indeed

Efficient market theory ladies and gentlemen $VEON

Offshore oil services: 10 years of bankruptcies, dilutions, and misery. Why $PRS.OL might still be worth a look. $PRS.OL /~3.50 NOK /~$115M mkt cap What is a flotel? When operators build or maintain an oil rig, crews can't live on it, a flotel moors alongside for months at a