Tuesday, February 28, 2017

Seadrill And The Pirates Of The Sea


The stock is overly punished as current market conditions are extrapolated into the future.
Market is being pessimistic about obtaining a contract for the West Capella.
The discount of semisubs to drillships has expanded beyond what's reasonable.
I recommend SDLP with a target price of $10.00/sh, a double-your-money opportunity. My stop loss would be at $2.75 (a 55% downside).

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Wednesday, February 8, 2017

NYX Gaming: An Asymmetric Risk/Reward Opportunity


Asymmetric risk/reward profile. 300% upside ($3.45/sh) versus a 49% downside ($0.44/sh).
Interesting part of its life cycle, 95% of its revenues are recurring, strong market position, and new management. Time to monetize revenues.
Industry projected to grow at 9-10.5% in the next couple of years depending on how regulation is shaped.

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Overstock Wrongly Trading As A Cryptocurrency

Summary A new reference point values tZero at $32 per share, a 15% premium over OSTK shares. In addition, you would receive the reta...