I'm still upset that VIC rejected my writeup of $TSAT @ ~$7. Now +200%.

@otuslife How pharma is paid is complicated in the U.S. The government is very beholden to pharma. All I'm saying is that one should be careful as we don't know when Trump could pass an edict that changes how things work. The U.S. healthcare system is extremely backwards and needs reform.

@Restructuring__ Raine hot? Meh

@BoringBiz_ Mag 7 have had pretty good DCFs...

Why couldn't they have fed the hostages? What gain do they have from starving hostages?

source: Chicago Atlantic

@evfcfaddict Sitting on a huge percentage of cash right now, unfortunately. Just having a difficult time finding great ideas right now.

@EricTheUmpire @ricfulop Deal would also be much lower valuation than when they tried to do it previously. Its the right size check too. I just wonder how much of a discount deal would need to get done. It's very interesting situation.

@EricTheUmpire @ricfulop What do you think the chances are that $SSYS uses some of that fresh cash to go after $DM?

@DeportElmoMusk Same way that covenant light lenders have lower default rates than loans with covenants...

$GILT - Stellar Blu

Could speculate lots of reasons. Until recently Moffett and others have been claiming the company was going bankrupt imminently. Market still catching up to the fact that that is highly improbable after their recent financing. Investors are focused on the build network strategy which is failing and not enough on the plan B value of selling spectrum. As you can see from the recent price movement, investors are starting to realize this.

@RampCapitalLLC I'm pretty sure you were going to eat the whole thing either way...