under the hood

 

mc 3.46 sf 18 insider +

mc 608

the bear bounces

 A run for the roses off the lows before the next round of Agida. Short floats have expanded. Coals are lit

mc 8.11 sf 21

mc 2.9 sf 9

mc 818 sf 29

mc 42 sf 27

mc 1.75 sf 16 government contract

shorts at 25%

rubber

The long tire short infrastructure trade available at under four times earnings. Real earnings. .2 times revenue. half of book value. supply chain inflation in the numbers.

mc 3.6

manana

 offered without comment as gravity prevails while denial remains

mc 21

mc 7

mc 12

mc 15 fpe infinity

mc 19 fpe infinity

neo

 The cookie jar brims with intangibles and goodwill from two 2021 acquisitions that have not been market to market, model, or can be serviced with operating losses

Intangible assets, net						433,835						442,325
Goodwill						527,115						527,115
Other assets						6,600						7,168
Total non-current assets						1,178,447						1,188,270
Total assets						$	1,829,547					$	1,869,778

half a billion raised with converts that have a strike price a bomb blast away which come with the present of $100 million paid for equity caps

Convertible senior notes, net

533,189

532,483

quarterly revenue $117 million

Total net revenue

117,169

115,533

loss from ops that doubled with revenue flat

LOSS FROM OPERATIONS

(52,028)

(15,107)

a patent infringement suit against one of the 2021 aquisitions. the plaintiff has a story of its own

On January 20, 2021, Natera, Inc. filed a patent infringement complaint against the Company’s newly-acquired subsidiary Inivata Limited and its subsidiary Inivata, Inc. in United States District Court for the district of Delaware, alleging Inivata’s InVisionFirst-Lung™ cancer diagnostic test of infringing two patents.

what appears to be a confession of  regulatory fraud with the prayer of an $11 million reserve 

Company voluntarily notified the Office of Inspector General of the U.S. Department of Health and Human Services (“OIG”) of the Company’s internal investigation in November 2021. The Company’s review of this matter is ongoing. The Company has a reserve of $11.2 million in other long-term liabilities as of March 31, 2022 and December 31, 2021 on the Consolidated Balance Sheets for potential damages and liabilities primarily associated with the federal healthcare program revenue received by the Company in connection with the agreements at issue that were identified during the course of this internal investigation.

all for the going rate of a $1 billion market cap

median

central banks have printed $31 trillion against a global gdp $84 trillion. a one to three ratio that historically is less than ten to one. market cap to gdp ratios are thirty percent above medians. to wit

median mcap to gdp .8 against 1.2 present

textbook fade

no place to hide

                                     the baby remains in the bathwater but the tub is perched 

mc 387 ps 15 insiders selling gdp argentina

mc 215 gdp new zealand

mc 1.85 tr gdp italy

mc 184 gdp greece

mc 500 gdp thailand

mc 2.2 trillion gdp france

mc 712 insiders out this side of the maginot line gdp turkey

mc 1.03 gdp indonesia

mc 74 the big miss gdp oman

leverage

leveraged etf shorts

cloud

oil and gas exploration

biotech

internet

china

 

withdrawn

mc 305 guidance withdrawn

mc 9.53 20x rev insiders heading out

 

contrition

 

mc 360 the big miss

mc 19 insiders bailing

mc 27 30x rev insiders

covering

                                                 shorts covering. taking a little casual off the table

in the hills

                                                     metals headed south. flow to inverse miners 

mongo dog

mongo db omitted related party conduct in the March 10 k which was promised in the un filed 2022 proxy while the leadership unloaded $200 million this year while the President dumped data dog shares where he sits as a director.

ddog placed a $750 million convert in 2020 and bought calls to hedge the potential dilution for $90 million with a strike prices of 92.5 to 151, it seems. The converts expire 2025 with other conditions but the liability remains. insiders selling into the strike price.

mc 17.25 ps 20

mc 31 ps 27

strike

A fellow in the cap table controls 30% of the voting rights through Class B's, would receive $150 million to $300 million for change of control, compensation was 805x average employee at $147 million, drives the company race car, and leases the company his plane.

Trades at 27 times revenue

Losing ten cents for every dollar of revenue

Earnings due 2 June

Insiders selling with abandon

mc 39 27x rev

platforms walking the plank

mc 39 27x rev reporting june 2 insiders out 200

mc 8.8 10x rev

mc 22 33x rev insiders out

mc 49 insiders out