Alright listen up fellow autists, sit down and strap in, because I'm gonna sling you some DD so solid you won't be able to close those videos of your wife and her boyfriend over at r/cuckold fast enough.
The Big Short
You morons ever see the Big Short? No? Well, let me give you a rundown:
- Autist reads about a million pages of subprime housing loan structures.
- Determines that they are unsustainable and eventually they will go into default.
- Goes to a big bank and purchases CDS, or credit default swap to short the housing market.
- Doesn't buy puts because he isn't a gaybear, or something.
- Housing market collapses, he makes billions.
So that's basically it. Lazy, poorly explained rundown? Yep. And fuck you, just go watch the movie.
Some of his other notable trades this year are:
- GME, which he bought back in Q1 2020, and we all know how that shit worked out.
- PDS, which he purchased 4 million shares of at around $0.75 in Q2, currently trading at $17.85.
- BBBY, 1 million shares bought around $10.60, currently trading at $20.24
- CPA, flipped 155k shares, bought for around $50.56, currently trading at $75.78.
I could go on, but my point here is Christian Bale is extremely autistic, and if you want to be autistic too, go long on one of his recent additions per his latest 13F: LUMN Technologies. Mr. Bale added a whopping 800k shares in Q3, his 4th largest addition to his portfolio this past quarter.
What is LUMN, you ask? Well, they are formally Centurylink. And yes, we all know how much of a shit company that was. Hear me out though.
A lot of companies are going through a bit of a renaissance these days. COVID is forcing public companies to be smarter, more efficient, and adaptable.
Out are the boring days of boomer telephone lines. Centurylink has transformed themselves into Lumen Technologies, switching their focus to helping companies enter the "4IR", or Fourth Industrial Revolution. The term makes me gag.
Some of their business exposure includes:
- Adaptive Network Systems
- Advanced Collaboration Platforms
- AI-Driven Adaptive Threat Intelligence
- Edge Computing *Hybrid Cloud Networks
Now I'm no network engineer, but that shit sounds pretty fancy right?
- Recently beat their Q3 earnings, with non GAAP EPS at .40, the consensus estimate was .34.
- EBITDA was $2.19B, and the company grew net income to $366M from a year-ago $302M.
- Adjusted net income rose to $430M from $328M last year.
- Generated Net Cash Provided by Operating Activities of $1.794 billion for the third quarter 2020.
- Revenues fell 3.4% overall to $5.17B, compared to $5.350 billion for the third quarter 2019.
But revenue being down is bad right? Shut the fuck up, LUMN has almost fully recovered their revenue stream from last year, showing solid management in an era of COVID.
I think this is a positive growth stock moving forward. Additionally, with further lockdowns on the horizon, we should start to see this equity continue to pick up traction, think NFLX, ZM, etc.
Positions: 1/21 10c, 4/21 12c, 7/21 15c, and 11/21 15c
These contracts are dirt cheap folks, all under a buck as it stands right now. Let Dr. Michael Burry do you and your portfolio a favor and hop on the Tendie Train.
TL;DR: LUMN 1/21 10c, 4/21 12c, 7/21 15c, and 11/21 15c.
EDIT: Forgot to mention that they recently announced 2 large Veteran's Affairs Contracts, one being a $795 million National Local Exchange Carrier Next Generation contract and a $195 million Data and Wide Area Network Carrier contract.