chrispy

I have heard him refer to interstate distribution as a call option for Glass House, not required for the thesis to work. The California market is already large, although competitive, and therefore they have a big opportunity just with CA and lots of work to do. If they can do very well in CA, that is a success, and if things open up then they are very well positioned

SSPK spiked dramatically earlier this year and then collapsed, similar to all SPACs. From my little understanding, SPAC approval is more thorough then 12 months ago and SEC approval will help validate the financials and potential legal issues. Ideally as a standalone company it won't trade in line with SPACs but will have more focus on the financials.

The news does not seem too important based on my little research. Graham did a recent interview where he is actually asked about the ticker https://seekingalpha.com/article/4432554-consolidating-california-cannabis-podcast The whole picture here sounds great I am just not sure how I feel committing more then a few percent of portfolio to it

Where did you find these results?

I think the response from Ubiquiti left the door open to the idea of a disgruntled employee. UI may not be able to comment much more if there is an investigation

I do not know quite what to make of it. Holding my position steady and haven't added. What are others thinking? Ironically, Pera will be using this share price drop to buy up shares

Based on what we learned from the most recent filings and call, I think that thought is probable as well

Lots to chew on!

Fantastic results again by Pera and Team: Business: • Revenues of $479.4 million, increasing 55.5% year-over-year • GAAP diluted EPS of $2.54, increasing 92.4% year-over-year • Non-GAAP diluted EPS of $2.53, increasing 80.7% year-over-year Share repurchase program: Only purchased 55m worth of shares but the average share repurchase price of $178 equates to an 80-90% return http://ir.ui.com/sites/default/files/2021-02/ui-earnings-release-2q21.pdf

I need to look into my abilities to buy/Sell Topicus with Fidelity and Vanguard

I don't think this has been posted: https://finance.yahoo.com/amphtml/news/hot-reit-market-india-draws-040816369.html

So if we dont hear any news in the next few days than Prem did not sell shares, correct? Would we then expect to hear during the next quarterly call about any actions Fairfax did/did not take?

Agree

In fact, John Chen will hit his compensation and can retire early without finishing the job. haha

I wish there was some level of certainty on this mystery short position / I wish Fairfax would actually stop shorting.