Libs

Hey GFP. I know, me too. The funny thing is, I sold XPEL at 1/3 its current price in my IRA; but I kept all the shares in my taxable account because I didn't want the tax bill. (Sold half of those today). Had the whole position been in my IRA, I would have been totally out at much lower prices. Ironic.

Upthread there was a discussion of reserve currency. Dalio put together an impressive study of the rise and fall of empires ( Dutch to British to U.S over 500 years) that ties into this. The are several key factors to consider, including military strength, education, innovation, and so forth. I found it very helpful: https://www.linkedin.com/pulse/big-cycles-over-last-500-years-ray-dalio

Half of my remaining XPEL.

Nafregnum, On the issue of limited supply - Investor relations told me last week Glasshouse believes the Ventura referendum doesn't allow for a competitor to build out a similarly huge greenhouse. "Our lawyers did a really good job writing it." FWIW. Also they expect to get their own listing by 7/31.

I know, but it's just for beer money, and completely irresistible: Everyone is (rightly) is baffled by yields dropping while we're getting 5% inflation prints; but it's been explained here on COBF that it's a temporary plumbing issue. There is no way I'm not getting some money down on this when 99% of the investing public has it wrong, and to boot, there is an end date / target to track: https://fsapps.fiscal.treasury.gov/dts/issues We're at 633B as we speak.

As Wabuffo put it: <I think that there will be a big headfake on Treasury yields (first lower, then snapback higher).> Look at the TLT recent price action. From 136 to 142 in a month. The calls expire 7/30. After that, theoretically, rates will go up again.

Don't underestimate CA's ability to @#$%^& this up on the supply side. Maybe (for once) I can benefit from this dysfunction by owning GHG. https://mjbizdaily.com/thousands-of-rural-california-farmers-still-blocked-from-joining-legal-marijuana-market/

If this pans out, TLT July 30 $146 calls and SCHW July 30 $70 puts will be multi-baggers. Also, I'm developing a new theory. 1) Warren Buffett has mentioned making 50% annually on a small grubstake. 2) he's super competitive 3) With Stumpf disgraced, and all that bridge time freed up, he's active in this stuff to prove (1) 4) He posts here for fun (1-4) = Wabuffo is Warren Buffett. Just sayin'.

MRCWF currently about $2.70 (Mercer Glasshouse SPAC). I bought some today. If it comes down I will buy more.

I don't understand this line of thinking. If legalized federally, states can not ban producers from other states.

https://www.sec.gov/Archives/edgar/data/1779474/000114036121018872/nt10018014x10_424b3.htm Page 188 of the prospectus

I didn't get all of my preferreds - Schwab tells me Kurtzman Carson Consulting (transfer agent) apparently rejected my accredited shares. Which is baffling. Has this happened to anyone else? Schwab is going to investigate....but I was told they have 'final say.'

Ditto at Schwab. Actually $9.35.

So Q1 was pretty good. Revenue up 28% Y/Y. Earnings doubled. Cash flow from ops doubled to $10.5 MM. I sold half during the spac bubble in January and will free-ride the rest. I still haven't figured out what happens if the industry concentrates- but I don't think that would be good for SSPK.

Purchased for $30 MM in cash. Quite a bargain if it pans out.