Jim Chanos

NJ Online Casino, Sports Betting Tax Rate Increases Pass Both Chambers - From 15.00% to 19.75% https://t.co/lhoEOQNN9O

Beginning our annual Fourth of July Weekend family tradition of watching “Gettysburg”, which is almost as long as the actual battle. https://t.co/N0QG54Ca2j

They literally have one already in Buffalo. Which I’m pretty sure is still in the USA. $TSLA https://t.co/iuhdWKiFkt

How a $35M market cap company can turn a $53M capital raise into almost 10x that figure, via the magic of just buying Bitcoin. There are no moats here. mNAV premiums will be monetized at every opportunity. $DDC

Today’s tax surprise is a good reminder that both the Federal and state governments are variable return preferred equity holders in your gambling enterprises.

@MisterSpread @Scottrades The shareholders (self-described “psychopaths”), not the companies. $AMC $MSTR

@Scottrades @WesEarnest Kerrisdale put the spread trade on in March 2024, when the mNAV spiked to 2.5x. That trade very likely did not “fail”. https://t.co/ch7NJyDUhf

@Scottrades Honestly, I think he does. But keep in mind that $MSTR trades its ENTIRE float every 4 weeks, which is also “insane”. (See “Apes, 2021 $AMC”)

I was reliably informed by the Faithful that this would happen yesterday. But I guess this will now be “new news” in the 3Q! $MSTR

I see that I have been brought to confess my sins before the Crypto Inquisition: “In our many (5) years of trading, we have never seen such heresy! Bow down and accept the Holy Trinity of mNAV, Corporate Structure and S&P 500! Repent or suffer the flames of the Eternal Squeeze!” https://t.co/vHieGK3Rpb

Tesla hit by train after extreme self-driving mode error: 'Went down the tracks approximately 40-50 feet' (Yikes!) https://t.co/5cjF7Ryg0w

@WayneVaughan @TheStalwart @tracyalloway (2) And of course, is now funding preferred dividends by issuing common stock under the ATM. https://t.co/fdfem8vueD

@lesgrossman25 @Benshooter @PunterJeff @TheBTCTherapist Don’t forget that every short position also has to be 100% of your net equity.

@PunterJeff @TheBTCTherapist (2) Because, using your “analytical” construct, when my funds AUM went from $16M to $6.1B, I must’ve “made” over $6B, right? (So again, maybe sit this whole “analysis” thing out)

We are in the Bermuda Triangle of professional sports right now (only MLB/WNBA). I know this because @SportsCenter just showed highlights from pro pickleball and disc golf.

@modestproposal1 (2) BTW, S&P 500 Operating Earnings dropped over 30% in 2001 (vs 2000), in what was really only an economic slowdown, not a bad recession. The TMT capex boom ending had a huge (and immediate) effect on corporate profits. The S&P 500 itself dropped 40% by 2002. https://t.co/jeYZoR1MAZ

As much as he wants to push the $MSTR preferred narrative, they represent less than 3% of the current $MSTR EV($120B).

More insider filings this week at $CVNA, as discussed last night at Odd Lots “Live”. @TheStalwart @tracyalloway (2) The rapid rise in $CVNA loan delinquencies, also as discussed last night. With stock up almost 100x. https://t.co/cTntO9OyYw

@lesgrossman25 @MidwestHedgie Long the planet, short certain inhabitants

Bitcoin treasury companies visit Lake Wobegon

@kh81111 (3) Keep in mind that $EQIX’s absurd “AFFO” calculation only deducts “recurring capex” of $250M annually on an almost $30B capital base, or 120-yr life! $DBRG $DLR

@kh81111 (2) The increased annual capex guidance by $EQIX is significant, given the estimated 2025 EBITDA of $4.5B. The Company will now be financing interest + dividends. https://t.co/a75Ph0B5f2

Risk-Free Options Selling FinTwit is almost as bad as Capital Alchemy Bitcoin Treasury FinTwit.

Speaking of which, we haven’t gotten a lot of updates from DOGE lately… https://t.co/AR60yitvYA

#FacePalm

@JohnLeupp @JonBryant421 (3) In May, VW BEV brands (VW, Skoda, Audi, Porsche) outsold $TSLA 4x in Europe. https://t.co/0WgzE9bzeN

In the 1Q of 2021, the peak of the silliness, SPAC’s raised $7B per week. Bitcoin treasury companies are not there…yet. https://t.co/D3gYmp2fjr

@JohnLeupp @JonBryant421 (2) Keep in mind that if VW’s current EV growth continues, then by 2H 2026, VW will 1. Be outselling $TSLA in global EV unit sales(!), and 2. Be operating a Level 4 autonomous robotaxi in the USA.

VW announcing a Level 4 Robotaxi rollout in 2026 in LA (w/Uber).

It’s getting sillier by the day. $DJT https://t.co/MaZPdtKIEU