5/19/25 :: VROCKSTAR :: 
AGYS
Interesting, but not in this tape... sidelines
- i like to monitor a lot of stuff as you know and this one is def a "top 10" fintech, but not a top 3 or even 5
- revenue growth solid DD
- generates reasonable cash for this growth/ mgn profile, but "not enough" based on where we are in this tape - why?
- we've rallied quite a bit from the lows (correlation 1 down, correlation 1 up)
- a number of POS (point of sale, not piece of s#&$) names have been hardpressed to communicate anything too encouraging - with a few exceptions - but just take a look at FI, or when XYZ reported... etc. even FOUR (a top 3 name IMO) gave back a lot
- so it's not a "buy and i'd like to own more even if pops" sort of thing and "my alternatives have better dynamics and valuations in this tape".
- on this alts point, i'll direct you to GAMB which as of the last few days (including today's leveraged call position i initiated taking it to my largest spot)... you have as a comparision, a valuation that's 1/5th as much, generates as much cash (and will likely grow this fcf faster), is more recession proof/ industry, not as exposed to IRL goods/ tariffs or another china covefe moment etc. etc. and the stock already "passed go" another great Q and b/c of mcap small, i suspect flows > anything else and that's my alternative to stacking tons of names that i'd "like" to own... but what's the point.
- i don't enjoy when my PnL is 30 or 40 or 100 names. i find at most 5 things i like... and if you can't offer a return or a diversification that's orthogonal to this core/ concentrated book... you go on my watchlists.
- so for me, this is an obvious watchlist based on my alternatives. for now my book is basically GAMB (35%), OBTC (25%), NXT (25%) and TSM (10%). I have a few positions that i am incubating, looking to size up, but other than that (oh yeah short the meme quantum stuff - but again v small for the purpose of this note/ and mention)... it's just not "worth it".
TL;DR... i like my leverage elsewhere. gl to the longs, i'm rooting for you, and will support a dip buy if name comes off for weak comms/ guidance or w/e... at the right price we talk.
until then b well my friends and have a great week
V
AGYSInteresting, but not in this tape... sidelines
- i like to monitor a lot of stuff as you know and this one is def a "top 10" fintech, but not a top 3 or even 5
- revenue growth solid DD
- generates reasonable cash for this growth/ mgn profile, but "not enough" based on where we are in this tape - why?
- we've rallied quite a bit from the lows (correlation 1 down, correlation 1 up)
- a number of POS (point of sale, not piece of s#&$) names have been hardpressed to communicate anything too encouraging - with a few exceptions - but just take a look at FI, or when XYZ reported... etc. even FOUR (a top 3 name IMO) gave back a lot
- so it's not a "buy and i'd like to own more even if pops" sort of thing and "my alternatives have better dynamics and valuations in this tape".
- on this alts point, i'll direct you to GAMB which as of the last few days (including today's leveraged call position i initiated taking it to my largest spot)... you have as a comparision, a valuation that's 1/5th as much, generates as much cash (and will likely grow this fcf faster), is more recession proof/ industry, not as exposed to IRL goods/ tariffs or another china covefe moment etc. etc. and the stock already "passed go" another great Q and b/c of mcap small, i suspect flows > anything else and that's my alternative to stacking tons of names that i'd "like" to own... but what's the point.
- i don't enjoy when my PnL is 30 or 40 or 100 names. i find at most 5 things i like... and if you can't offer a return or a diversification that's orthogonal to this core/ concentrated book... you go on my watchlists.
- so for me, this is an obvious watchlist based on my alternatives. for now my book is basically GAMB (35%), OBTC (25%), NXT (25%) and TSM (10%). I have a few positions that i am incubating, looking to size up, but other than that (oh yeah short the meme quantum stuff - but again v small for the purpose of this note/ and mention)... it's just not "worth it".
TL;DR... i like my leverage elsewhere. gl to the longs, i'm rooting for you, and will support a dip buy if name comes off for weak comms/ guidance or w/e... at the right price we talk.
until then b well my friends and have a great week
V
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.