GrabAGun Digital and WM Technology are cash-discount special situations: GrabAGun trades below its balance-sheet cash, and WM Technology is close to it. They offer value without chasing momentum. x.comÂ
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Equity & Macro Commentary, Technology Investing
WM Technology still appears to have multibagger optionality, all things considered, though risks remain. A tax receivable agreement becomes more relevant as taxable income grows, 29.1M shares remain available for future issuance, and going dark could let it be treated as a piggy bank. x.comÂ
C3is trades far below its cash: about $48M on the books against a float of roughly 1.5-2 million shares implies $24-32 a share, yet the stock is near $1.5, and the company is now profitable. It was a dilution machine while acquiring its fleet, but the story looks to be changing. Short interest is 55%, cost to borrow 146%, few shares remain to short, and institutional ownership rose. About 450,000-500,000 warrants at $1.51 and $2.44 remain, making $2.44 the next target. x.com x.com x.com x.com … Show more