A little more DD... Streeterville Capital Portf
Post# of 32969
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Posted On: 01/04/2024 9:49:05 PM
A little more DD...
Streeterville Capital Portfolio Holdings & Fund Performance
https://www.secform4.com/portfolio-holdings/1...rt%20their
90% of their holdings is in Canaan Inc which had a nice, almost x3 pop, last month.
Wonder why?
Oh lookie...
Canaan Inc. (CAN): Streeterville Capital Reports 9.99% Passive Stake
"Streeterville Capital LLV has reported a 9.99% passive stake in Canaan Inc. (NASDAQ: CAN), as of December 20, 2023 in an SEC filing."
https://www.streetinsider.com/Corporate+News/...50377.html
If you look at their portfolio, there are a number of Chinese companies on the list so they probably are aware how Live Shoppable Streaming has taken off over there.
If you look at page 2 of the list you'll see Verb. Some might remember they've invested before. I think if Streeterville was only looking for a 10% return (dividend) on their investment, they could find that in thousands of places with their $3M.
A number of Verb investors may remember Inpixon that did a side invest/bet with that paid nicely with a spinout. Seems like Streeterville knows what they are doing.
A few questions...
Why are they so confident with their $3M bet?
Will the stock pop like Canaan Inc?
Will that confidence attract other institutions?
Up to you to decide for yourself
Streeterville Capital Portfolio Holdings & Fund Performance
https://www.secform4.com/portfolio-holdings/1...rt%20their
90% of their holdings is in Canaan Inc which had a nice, almost x3 pop, last month.
Wonder why?
Oh lookie...
Canaan Inc. (CAN): Streeterville Capital Reports 9.99% Passive Stake
"Streeterville Capital LLV has reported a 9.99% passive stake in Canaan Inc. (NASDAQ: CAN), as of December 20, 2023 in an SEC filing."
https://www.streetinsider.com/Corporate+News/...50377.html
If you look at their portfolio, there are a number of Chinese companies on the list so they probably are aware how Live Shoppable Streaming has taken off over there.
If you look at page 2 of the list you'll see Verb. Some might remember they've invested before. I think if Streeterville was only looking for a 10% return (dividend) on their investment, they could find that in thousands of places with their $3M.
A number of Verb investors may remember Inpixon that did a side invest/bet with that paid nicely with a spinout. Seems like Streeterville knows what they are doing.
A few questions...
Why are they so confident with their $3M bet?
Will the stock pop like Canaan Inc?
Will that confidence attract other institutions?
Up to you to decide for yourself
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