Deep Sail Capital
Founder & CIO of Deep Sail Capital, Long/Short GARP, Quality/Growth/Micro-Caps
The Greenland trade looks played out for now, and GRML's pump may be fading, though its squeeze risk has not. GRML looks tired, but borrow still costs about 602%, with GLND around 684%. Falling borrow fees and returning share inventory would make the party's-over call much stronger, and another news-driven pump would be needed to reignite it. x.comÂ
Greenland Energy's no-revenue exploration and delayed drilling make its politically driven stock spike risky to chase. Its Jameson Land licenses remain valid despite Greenland's 2021 ban on new oil licenses, but earning its stake requires drilling and the first wells have slipped to winter 2027. A presidential post is not a drilling permit; early holders and insiders, rather than buyers chasing the gap, stand to benefit. x.com x.comÂ
Critical Metals' pump looks over because mining in Greenland will be extremely difficult logistically, which most investors do not grasp. Last week's rally lifted almost every small stock with Greenland in its name. x.comÂ
Greenland Mines is a low-float stock that will be hard to hold back given all the news coming out of Greenland. x.comÂ
Greenland Energy's near-500% surge on a Greenland security pact looks overdone and likely to fall back below $5 by October 6, then toward $2.88. The pact covers military access; drilling needs a separate Greenland permit, now targeted for winter 2027. It has no revenue and $37.4M of cash, 13 billion barrels is an unrisked high case, and the first well has a 1-in-5 chance. $5 warrants and a share-based 80 Mile bid add supply. A close above $5 on October 6 or an early permit would prove it wrong. … Show more
Greenland Energy, at about a $100 million market cap, has good odds of actually making money, unlike Critical Metals at about $1.4 billion. Its oil project fits a US administration that was openly urging companies to set up new oil projects in foreign territories just over a month ago. x.com x.comÂ
Direct Digital Holdings could get wild because there are almost no shares left to short. Robinhood shows none available with a 103.5% cost to borrow and Fintel 200 shares at 108%, which is why it is moving. The micro-float stock hit $2.78 pre-market with the same chart pattern Future FinTech showed before its breakout. x.com x.com x.com 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
Merlin Labs shorts look set to get caught as borrowing costs hit records and options positioning tilts heavily bullish. Per @ShawarmaCapital, shorts took about 330,000 shares of borrow in 90 minutes as the fee jumped from about 45% to 110%, now around 140%, the highest ever for the ticker. June 18 open interest runs nearly 10:1 calls, with 6,955 at the $10 strike versus 1,177 puts at $7.50, while the stock is pinned at $8. x.comÂ
