$NWPHF CH:NWRN bulls cite 8M treatment-resistant schizophrenia patients as TAM. The drug that "treats" TRS — clozapine — is prescribed to just 4% of qualifying US patients. An add-on to an underutilized drug in a narrow label is not an 8M patient market. 📢 new substack article

We are Short Ottobock SE & Co. KGaA $OBCK $OBCK.DE How Hans Georg Näd er’s Margin Loan and Russia Business Endanger Public Shareholders grizzlyreports.com/ottobock/

Gonococcal arthritis

Why wouldn't $RXO be up 8% as it is about to report a terrible quarter, has no cash and needs to do battle with a new competitor - none other than $AMZN? A short write up. Link in comments.

NEW REPORT: We are short Sportradar Group AG $SRAD, a self-styled "Sports Integrity" leader with ties to illegal gambling, sanctioned parties, criminals, and a completely fake regulator. We believe Sportradar’s ties to illegality pose an existential threat.🧵

Is anyone else invested in $MAN or $RANJY and interested in comparing notes?

They should change the name to "Strait of Schrödinger". It's both open and closed at the same time.

Securitas mit SDM SE vergleichen? Ungefähr so wie McDonald's oder Restaurant Brands International mit BreakBurger GmbH (i.L.)?

As the great Warren Buffett once said: “The best investment is not in yourself. It’s in a bankrupt shoe retailer that pivots to AI datacenter operations.”

$BAK bears are pricing this like a pure naphtha play. It isn't. 64% of capacity runs on domestic propane, ethane & ethanol — zero ARA exposure. The Hormuz cost shock the market is discounting hits maybe 36% of their book. Prob-weighted EV ~$8.40 vs $4.59. Market is sleeping.

Oil trading like a shitcoin

Surprise! 🚨 New post just dropped — it's about $HALO, and yes, I know that's absolutely not what you signed up for. Bear with me, I promise it's worth it. open.substack.com/pub/downhi…

#AI API access to $IQV data debundles access margins from intelligence now bundeled in its UX. Predict stock $50 by end of year

A very 2026 headline.

This word means "I shoved an onion up my ass" in German.

Denmark owning Greenland 🇬🇱 makes as much sense as Poland owning Australia.

Alta Fox is hiring for a full-time junior research analyst in our Connecticut office. This is a great role for individuals with a passion for the public markets that have 1-4 years of work experience coming from investment banking, sell-side equity research, or asset management. More information here: altafoxcapital.com/junior-re…

How long before Merriam-Webster changes the definition of fraud to “a culturally misunderstood accounting error”?

🧵Unpacking Rose Lake Capital – The Mysterious VC Firm Behind Ilhan Omar’s Sudden Wealth Surge. You've probably heard something about Rose Lake Capital, the Washington, D.C.-based venture capital firm co-founded by Tim Mynett (husband of U.S. Rep. Ilhan Omar) and Will Hailer in 2022. With claims of managing $60 billion in assets and expertise in global deals, M&A, and impact investing, it sounds impressive on paper. But a closer look reveals a story of opacity, unsubstantiated claims, and a glaring absence of... well, actual business activity. Here's a breakdown of the key findings, based on public records, financial disclosures, and online searches. Buckle up – the lack of transparency is the real star here. 1. The Basics: What They Claim to Do Rose Lake Capital positions itself as a powerhouse in "bespoke solutions" for global opportunities, focusing on ESG (Environmental, Social, Governance), climate change, real estate, affordable housing, agtech, fintech, and more. Team includes heavy hitters like former ambassadors (e.g., Max Baucus, J. Adam Ereli) and bankers (e.g., Keith Mestrich from Amalgamated Bank). Headquarters: 80 M St SE, Washington, D.C. Small team (2-10 employees per LinkedIn). Big boast: $60 billion in assets under management (AUM), with a global network in over 80 countries. 2. The Valuation Rollercoaster: From Pennies to Millions Overnight In Rep. Omar's 2023 financial disclosure (covering 2022), the firm was valued at under $1,000. By the 2024 filing (filed in 2025), it skyrocketed to $5 million–$25 million. This jump contributed to estimates of the Omar-Mynett household net worth hitting $6M–$30M, sparking scrutiny. Omar has pushed back, calling high-end figures "disinformation" and emphasizing it's her husband's business, not hers. But bank records from legal docs tell a different story: In Feb 2024, Rose Lake Capital had just $42.44 in its account, and a related entity (Rose Lake Inc.) had $10. How does a firm with $60B AUM have pocket change in the bank? 3. Lack of Transparency: Where's the Proof? No SEC registration as an investment adviser. Searches for Form ADV (required for firms managing assets) turn up nothing for "Rose Lake Capital LLC." Instead, they hit unrelated firms like "Rose Capital Advisors LLC." If they're handling billions, why no regulatory footprint? Website (roselakecap.com) is bare-bones: Sections on "About," "Team," and "Services," but zero details on financials, registrations, or transparency measures. No annual reports, no audited statements – just vague promises of "impact at scale." Public business filings? It's an LLC registered in D.C./Delaware, but no deep insights beyond that. Activity level: Described as "very low" compared to peers in finance. Hailer even called it a "dormant entity" in 2024, saying they shifted to Rose Lake Inc. (a public benefit corp focused on socially responsible investing). 4. The Big Red Flag: No Clients, No Portfolio, No Deals This is where it gets glaring. Despite claims of global prowess, there's ZERO public info on clients, portfolio companies, investments, or completed deals. Website? No portfolio section. No case studies. No "Our Investments" page – just generic talk about "bespoke solutions." Searches for "Rose Lake Capital portfolio investments clients" mostly pull up unrelated firms (e.g., Rose Lake Ventures in Hong Kong, which has an actual portfolio in African tech startups). Rose Lake Capital? Crickets. No press releases on deals, no Crunchbase profile with funding rounds, no mentions in industry databases like PitchBook (again, only the Hong Kong one shows up). If they're acquiring public companies or restructuring debt, where are the announcements? 5. Controversies and Lawsuits: Founders' Troubled Track Record Tied to fraud allegations in related ventures. Investor Naeem Mohd sued over eStCru winery (co-owned by Mynett/Hailer), claiming promised returns never materialized, cont..