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    Daily General Discussion and spitballin thread Investing

    March 09, 2021

    Daily General Discussion and spitballin thread Investing

    Daily General Discussion and spitballin thread

    Posted: 09 Mar 2021 02:01 AM PST

    Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

    This thread is for:

    • General questions
    • Your personal commentary on markets
    • Opinion gathering on a given stock
    • Non advice beginner questions

    Keep in mind that this subreddit, and this thread, is not an appropriate venue for questions that should be directed towards your broker's customer support or google.

    If you would like to ask a question about your personal situation or if you are asking for advice please keep these posts in the daily advice thread as that thread is more well suited for those questions.

    Any posts that should be comments in this thread will likely be removed.

    submitted by /u/AutoModerator
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    Daily Advice Thread - All basic help or advice questions must be posted here.

    Posted: 09 Mar 2021 02:00 AM PST

    If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

    • How old are you? What country do you live in?
    • Are you employed/making income? How much?
    • What are your objectives with this money? (Buy a house? Retirement savings?)
    • What is your time horizon? Do you need this money next month? Next 20yrs?
    • What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
    • What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
    • Any big debts (include interest rate) or expenses?
    • And any other relevant financial information will be useful to give you a proper answer.

    Please consider consulting our FAQ first - https://www.reddit.com/r/investing/wiki/faq And our side bar also has useful resources.

    Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered financial rep before making any financial decisions!

    submitted by /u/AutoModerator
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    ACTC (Proterra) DD - The Most Undervalued Stock on the Entire Market

    Posted: 08 Mar 2021 06:13 PM PST

    Topics to be Discussed:

    • Overview
    • Leadership
    • Board of Directors
    • Products, Services, and Technology
    • Partnerships and Customers
    • Competition
    • SPAC Transaction Overview
    • Financials and Fundamentals
    • Forward-Looking Statements and Speculation
    • Conclusion

    Overview

    "Proterra is a high-growth commercial electric vehicle technology leader with over a decade of production experience. The Company has designed an end-to-end, flexible technology platform that delivers world-class performance and a low total cost of ownership to original equipment manufacturers (OEMs) and end customers. Proterra has three complementary businesses:

    • Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers;
    • Proterra Transit: Leading North America as the market's #1 electric transit bus OEM; and
    • Proterra Energy: Offering end-to-end turnkey charging and energy management solutions.

    The Company's industry-leading battery systems have been proven in more than 16 million service miles driven by its fleet of transit vehicles and validated through partnerships with world-class commercial vehicle OEMs, such as Freightliner Custom Chassis Corporation (FCCC), Thomas Built Buses, Van Hool, Bustech, and Optimal-EV. To date, Proterra has produced and delivered more than 300 megawatt-hours of battery systems, more than 550 heavy-duty electric transit buses and installed 54 megawatts of charging systems.

    Proterra operates manufacturing facilities in California and South Carolina, as well as a state-of-the-art R&D lab in Silicon Valley. The Company recently announced the opening of a new battery production line co-located in its electric transit bus manufacturing facility in Los Angeles County. This battery production line was established within a year and demonstrates Proterra's ability to bring its scalable and capital-efficient battery manufacturing process directly to commercial vehicle OEMs alongside their existing manufacturing." Pulled from investors portal on Proterra's website.

    Proterra is going public via a SPAC merger ticker ACTC. A press statement released on January 12th, 2021 suggests that the merger is "expected to close in the first half of 2021". There is some speculation regarding the date; they've already filed the S-4, so the timeline for merger vote looks to be around end of March to April first week according to this post and the SEC website.

    Investors:

    Franklin Templeton, Broadscale, 40 North, G2VP, Chamath Palihapitiya, and Fidelity Management & Research Company LLC

    Funds and Accounts Managed By:

    BlackRock, Neuberger Berman Funds and affiliates of ArcLight.

    Leadership

    • Jack Allan, CEO, from Navistar and Valspar
    • Amy Ard, CFO, from AMG, PCC, and PWC
    • Dustin Grace, CTO, from Tesla and Honda
    • John Ensign, COO, from Tesla and Honeywell
    • JoAnn Covington, CLO, from EA and Rocket Fuel
    • Gareth Joyce, President, from Delta and Mercedes-Benz
    • Rick Huibregtse, Sr. VP Engineering, from Remy and Delphi
    • John Walsh, Sr. VP of Sales, from Rev and Davey Coach

    Board of Directors

    • Jack Allen, Chairman from Navistar and Valspar
    • Ryan Popple, Co-Founder and Executive Director from Tesla and KPCB
    • Jake Erhard, Direct Nominee from ArcLight and Schroders
    • Jennifer Granholm, Director Secretary of the DoE and CNN
    • Constance Skidmore, Director from PWC
    • Mike Smith, Director from Constellation
    • Brook Porter, Director from G2VP and KPCB
    • Jeannine Sargent, Director from Flex and Aerlikon

    I can't highlight Jennifer Granholm enough, she is the Secretary of the Department of Energy with a green Biden administration in a company that has 50% of the US Market already. Her CNN ties could prove to be an excellent source for PR as well.

    Products, Services, and Technology

    As mentioned in the overview, the company really operates in 3 capacities: Proterra Powered, Proterra Transit, and Proterra Energy.

    Proterra Powered: Delivering industry-leading battery systems and electrification solutions to commercial vehicle manufacturers.

    Proterra Transit: Leading North America as the market's #1 electric transit bus OEM.

    • ZX5 - Transit Bus
    • S1LF - Shuttle Bus
    • ZDi - Transit Bus

    Proterra Energy: Offering end-to-end turnkey charging and energy management solutions.

    Partnerships and Customers

    Partners: Key strategic partnership with Daimler

    Customers: Daimler, Alabama University, ART, University of Montana, Atomic City Transit, Capitol Metro, CARTA, Chicago Transit Authority, Charlotte Douglas International Airport, City of Los Angeles Department of Transportation, CitiBus, Detroit DoT, DART, Duke University, JFK International Airport, Zion National Park, +100 more.

    Their customers range from transit authorities, DoT's, airports, schools (high school/college), and cities.

    Two weeks ago they had the largest EV bus deal in the US struck with Maryland.

    Competition

    Arrival, Hyllion, Nikola, Romeo.

    Proterra has an extremely large lead and has a distinct first mover advantage. The second place competition (Romeo) is still lagging far behind Proterra.

    Real World Miles Driven: Proterra has driven over 16mm real world miles, no other competition has driven any.

    Revenue (2020E): The only other competitor to generate mentionable revenue was Romeo with $11mm. Proterra generated $193mm

    Production Track Record: Again, Romeo is the not-so-close second having produced minimal items and being founded in 2016. Proterra has been in production for ~10 years.

    Manufacturing Capacity (As of 01/01/2021): Only Proterra and Romeo.

    Full Charging Solution (As of 01/01/2021): Proterra only

    SPAC Transaction Overview

    • Transaction reflects a $1.6Bn value for Proterra
    • Proterra to receive ~$648mm cash at closing
    • Proterra shareholders to roll 100% of their shares, expected to own ~69%
    • $2.4Bn pro forma equity value
    • $1.6Bn pro forma enterprise value
      • 3.6x 2022E revenue of $439MM
      • 0.6x 2025E revenue of $2,566MM
    • ~$852MM cash on hand at close
    • The transaction has been unanimously approved by the Boards of Directors of both Proterra and ArcLight Clean Transition Corp.
    • Expected to close "first half of 2021", aforementioned above that predictions expect voting to happen in the last week of March/first week of April.
    • Form 8-K

    Financials and Fundamentals

    All data derived from SEC forms and the investor presentation.

    • EBITDA: 21%
    • 2025E Free Cash Flow: $390MM
    • '20E-'25E CAGR: 68% (Peer median 37%)
    • '22E-'25E Scaling Gross Margins: 13-25% (Peer median 23%)
    • '21E Valuation: 6.5x (Peer median 16.2x)
    • '22E Valuation: 3.6x (Peer median 10.3x)
    • These are very attractive valuations considering the growth compared to peers.
    • Trading Median (as of January 2021): 1.6 transaction value/trading value (Trading median 3.1)
    • Revenue '21E: $246MM (Peer median $120MM)
    • Implied Enterprise Value of Publicly Traded Mobility Tech Leaders: $4.7Bn
    • Implied Enterprise Value of Publicly Mobility SPAC Transactions: $4.3Bn
    • Implied Enterprise Value of Proterra: $1.6Bn

    Let's do a little evaluating ourselves:

    Shares outstanding post-merger: 240.1MM

    Based on January ACTC prices pre NASDAQ sell-off: $24/share

    • 240.1MM * $24/share = 5.76Bn Market Cap
    • Let's find Proterra's value here without the SPAC shenanigans.
    • 5.76Bn - $852MM = 4.91Bn Market Cap without SPAC cash
    • 2022E estimated revenue is 439M
    • 2022E adjusted .7561 for present value is 332M
    • So unadjusted EV/Rev = 11.18
    • And adjusted EV/Rev = 14.78
    • Competitor EV/Rev = 10.3x on average for 2022E
    • Proterra claims an 84% premium
    • 1.84 * 10.3 = 18.95
    • So the industry metric is 18.95x.

    UNADJUSTED:

    • 439 unadjusted x 18.9 = 8.3B
    • Add the cash from the SPAC: $852mm
    • $9.162Bn unadjusted market cap
    • 9.162/240.1 = $38.16 unadjusted
    • 9.162Bn - 5.76Bn = 3.402Bn undervalued

    ADJUSTED:

    • 332 * 18.9 = 6.274Bn
    • Add the cash from the SPAC: $852mm
    • $7.126Bn adjusted market cap
    • 7.126/240.1 = $29.58 adjusted
    • 7.126 - 5.76 = $1.366Bn undervalued

    Average between adjusted and unadjusted:

    • Dollar value: $2.384Bn undervalued
    • Fair share price: $33.87

    Here is another analyst finding it undervalued in a similar way on Feb 10th.

    Let's think about that for a moment...

    As of this writing ACTC is trading at $15.65, based on purely fundamentals without speculation it is trading 116.42% below it's actual value.

    Forward Looking Statements and Speculation

    Conclusion

    Proterra is not only the most undervalued stock on the entire market, it's also positioned to be one of the best performing companies over the next several years. With an incredible first-mover advantage (16mm driven/10 years production) and a massive lead on the market (50%+ US market share), there is nothing stopping this stock from absolutely exploding post-merger which is expected to happen end of March-first week in April (although the official statement is "the first half of this year").

    The company is currently undervalued by 116.42% on fundamentals alone, and that's on the "fair" end. When people realize what is actually happening here and what this is about to become, I think the hype and excitement has the potential to drive these prices much higher. I see a TSLA situation brewing. No not because it's just another EV company, because it's an established, well-connected, constantly growing commercial EV company.

    Bear Case: I literally can't think of one aside from the merger falling apart. If someone could provide a bear case in the comments for Proterra (assuming the merger is successful) I would love to discuss it, because either I'm missing something glaringly obvious or this might be my greatest pick.

    How to Play?

    I am long on this with my shares. I will be holding all my shares for several years, my calls I will exercise half after the merger and sell the rest for a nice profit. If you want to just play the merger that's an option too. Meaning just hold until the merger date and sell at whatever you think the peak is that very day.

    1. Buy shares, ACTC will change to PTRA after the merger. Shares will be 1:1
    2. Warrants, ACTCW, if you're not familiar how warrants work they are essentially call options with a fixed strike price of $11.50
    3. Calls, I think virtually anything listed is going to print (aside from 03/19)
    4. Selling puts, the premiums are hefty so either you'll get a nice premium or you'll own some shares at a really nice discount.

    Positions:

    3,865 shares @ 22.37

    10C 04/16 $20.00

    12C 05/21 $22.50

    17C 05/21 $25.00

    6C 08/20 $35

    TL;DR: Fundamental's alone show this company is already 116.42% undervalued, factor in hype, forward-thinking, IPO, etc. and I can't even come up with a PT. I would expect a PT post-merger to travel upwards to ~$50-$60 and settle back down no lower than $34. EOY my prediction is ~$70-$80. 2025 prediction is ~$300-$500. I recommend you read. I wouldn't want to gloss this one over if I were you. If you prefer you could simply check out their investor presentation.

    EDIT: The 10.3 factor is from an EV basket that includes many direct and indirect competitors. The list is in the presentation.

    EDIT 2: This is a fundamental DD. There are a lot of comments regarding other competitors not mentioned. Most of the companies not mentioned were including in the 10.3 factor for diversity. A lot of these competitors being mentioned are bus manufacturers, Proterra is a fleet level ecosystem infrastructure provider. They don't just make buses.

    EDIT 3: Fair warning, even though Proterra is significantly undervalued, there are other market mechanics at play. With the NASDAQ sell off its uncertain how much lower ACTC will go if at all. I think this is an excellent play, now you just need excellent timing.

    Disclaimer: I am not a financial advisor, nothing I ever say or do is a financial recommendation. Any words urging someone to do something is only going as far as suggesting they do their own DD, it is in no way an attempt to convince anyone to make any financial decisions. Plus...this thing doesn't need to get pumped. I'm just trying to share the find.

    submitted by /u/hooman_or_whatever
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    News: David Tepper is getting bullish on stocks, believes rising rates are set to stabilize

    Posted: 08 Mar 2021 05:22 AM PST

    David Tepper, founder of Appaloosa Management whose comments have been known to move markets, said it's very difficult to be bearish on stocks right now and thinks the sell-off in Treasuries that has driven rates higher is likely over.

    "Basically I think rates have temporarily made the most of the move and should be more stable in the next few months, which makes it safer to be in stocks for now," Tepper told CNBC

    Notably, also called growth stocks like Amazon in particular, attractive right now.

    Source: https://www.cnbc.com/2021/03/08/david-tepper-is-getting-bullish-on-stocks-believes-rising-rates-are-set-to-stabilize.html

    submitted by /u/ShubhamG77
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    Value with a focus on long-term dividend reinvestment / DD Stock Write-up

    Posted: 08 Mar 2021 09:17 PM PST

    KMB - Kimberly Clark / Dividend 3.47%

    • The company's personal care segment could see a nice uptick as overall awareness for hygiene and cleanliness is increased, as well as more stringent requirements by services like cruise ships and airlines being implemented as the world opens back up.
    • Their consumer tissue division also saw an increase in volume as the work-from-home trend was set into motion by covid, with a portion of these individuals working from home indefinitely.
    • Their dividend growth has been steady for nearly 50 years with this year marking 49 straight years of dividend growth.
    • A restructuring plan started back in 2018 should be wrapping up in 2021. This plan was meant to cut out unnecessary costs and to put the company on track for continued future growth. 2020 revenue grew by 3.7% to 19.1 billion with net income rising 9% YOY to 2.4 billion.

    O - Realty Income REIT / Dividend 4.65%

    • Dividend is paid out monthly, designed to provide investors with reliable monthly income.
    • Revenues and FFO per share are up YOY
    • Very strong financials and management - they currently have a $3 billion unsecured revolving credit facility with an initial term that expires in 2023. There were no borrowings on its credit facility as of Dec 2020.
    • Well diversified portfolio of properties and adapted to change quickly in the 2020 pandemic environment - they are expecting an acquisition volume of $3.25 billion in 2021 notably due to the company's solid financial position and investment pipeline.

    MMM - 3M / Dividend 3.21%

    • People focused on their respirator masks and respirators as their bread and butter over the past year. This was a godsend for them, as they are now able to use their 2020 revenues from their safety/industrial segment as well as their healthcare segment to continue growth in their other segments.
    • Their other segments include their transportation and electronics, as well as their consumer segment. Both are cyclically aligned segments and are yet to fully recover offering a very nice opportunity for growth.
    • The stock trades on 15x its current FCF (free cash flow per share) - theoretically, they could pay over a 6% dividend with their current revenues and still be able to grow the business.
    • A total of 56 hedge funds were holding the stock heading into Q4 of 2020, topping the all-time-highs of 52.
    • They are "restructuring management for growth".

    MAIN - Main Street Capital / Dividend 6.7%

    • Their dividend is paid out monthly.
    • Although their net earnings were effected by the pandemic, they demonstrated they were able to withstand market volatility via their diversified investments and high liquidity.
    • Over 80% dividend growth since IPO with a large span of investments across a number of different sectors.
    • If you are looking for a way to gain exposure to the financial sector but hate to mess with big banks and other sketchy financial plays, this may be a good stock for you.

    KR - Kroger / Dividend 2.09%

    • Digital sales jumping over 100% YOY - their online grocery segment is newly developed and will be in the works for years to come. Without going on a rant about why, I believe Amazon will begin to lose steam to smaller companies as they take back market share via investing in similar methods and technologies in order to deliver their own services and products in a similar way.
    • They are currently invested in a number of improvements from their in-store and online technology to space optimization and store remodeling.
    • I am not going to do a huge write up on this ticker, I just like the stock.

    ​

    Set up a DRIP by contacting investor relations for a particular company or contact your brokerage for whatever offers they may have regarding dividend reinvestment into certain securities. This is a great way to put your dividend payments to use early on as they can seem insignificant for those just starting out. Do not expect to live off of your dividend payments. Yet. Let them grow and roll profits from growth plays back into the positions you are holding. Do not worry about stock price as you will be receiving dividends on every dime of your investment, not to mention dollar cost averaging should keep your cost basis nice.

    submitted by /u/mrfilthynasty4141
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    Looks like US small-cap value might be back in business

    Posted: 08 Mar 2021 08:44 AM PST

    The last 6 months, my SLYV allocation has been zooming up. The link below is a chart of SLYV vs. SPY vs QQQ. I thought small caps suffer in a rising interest rate regime. I have no idea why small-cap value is doing so well, but would like to understand.

    I only have 4% of my total portfolio allocated to SLYV, but I'm kind of wishing I had more at this point.

    Yahoo chart comparing SLYV to SPY and QQQ for the last 6M.

    submitted by /u/PapaCharlie9
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    Moderna Continues to Slide Despite News

    Posted: 08 Mar 2021 09:36 AM PST

    Competitive advantage stripped from Moderna and Novavax when Johnson and Johnson got the results from their single shot vaccine. The 52 week high of $189 was excitement about a potential end to o the pandemic and absent the J&J vaccine. But MRNA still has better efficacy, better future tech, and just announced a partnership to accelerate the production of their vaccine.

    Despite this, stock continues the slide, down another 3.42% today, as of this post. That extends 7 day and 30 day decline (-25% 1M).

    So what gives?

    submitted by /u/Strongest-There-Is
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    Kanabo signed a production agreement with pharmacann

    Posted: 09 Mar 2021 01:37 AM PST

    9 March 2021Kanabo Group Plc("Kanabo" or "The Company")Medicinal Cannabis Production Agreement Kanabo Group Plc (LSE:KNB), is pleased to announce that it has signed a production and supply agreement with PharmaCann Polska ("PharmaCann") under which PharmaCann will supply cartridges containing Kanabo's proprietary medicinal cannabis formulations for its VapePod inhalation device. The cartridges will be filled and prepared at PharmaCann's wholly owned facility in North Macedonia. This is a second key agreement directed towards establishing a European medicinal cannabis supply chain and builds on the previous announcement of a UK distribution agreement. Kanabo's CBD Wellness products are already being produced and distributed in the primary markets of UK and Germany. PharmaCann, based in Warsaw, is a part of the PHCANN International Group. Its fully licensed compound in Skopje, North Macedonia comprises both an indoor cultivation facility and an EU-GMP standard extraction facility for production of products based on cannabinoids. According to the agreement, PharmaCann and Kanabo will establish a dedicated production line for medicinal formulas that will use filling equipment procured and supplied by Kanabo and Kanabo's production protocols. Under the agreement, PharmaCann provides an initial production capacity of up to 36,000 cartridges per month with the ability to further increase production when necessary.

    The production and supply agreement gives Kanabo full visibility and control over product quality from hydroponic, pesticide-free cultivation through to extraction, filling and distribution of tamper-proof cartridges designed to work with its medical-grade VapePod inhalation device. Avihu Tamir, CEO Kanabo Group Plc said: "Following the increased fund-raise achieved at the IPO, we are able to accelerate preparations for supply of medicinal cannabis products in addition to building our CBD Wellness business. I am delighted to work with PharmaCann which will enable us to provide medical cannabis vape products to thousands of patients safely and effectively using our medical grade VapePod device."

    I'm always hearing good news about kanabo especially for being generally new to the market. Guess everyone's gotta start somewhere before the market lifts off.

    submitted by /u/Toxic-Downfall
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    Sequoia-Backed Driverless Truck Startup Seeks SPAC Merger

    Posted: 08 Mar 2021 07:38 AM PST

    Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion in the autonomous driving industry, according to people familiar with the matter.

    The Sequoia Capital-backed company has received several letters of intent from the U.S.-listed SPACs and is weeks away from a deal announcement, the people said, asking not to be identified because the matter is private. The SPACs range in size from $300 million to $500 million, and Plus is planning to set its valuation range later this month, one of the people said.

    Plus is working with Goldman Sachs Group Inc. and will start a roadshow for additional financing via a private investments in public equity, or PIPE, transaction after it chooses a SPAC, the people added. Representatives for Plus and Goldman Sachs declined to comment.

    Bloomberg

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    Source: Plus

    Business

    Sequoia-Backed Driverless Truck Startup Seeks SPAC MergerBy

    Lulu Yilun Chen

    March 8, 2021, 1:22 AM ESTUpdated on March 8, 2021, 2:11 AM EST

    Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion in the autonomous driving industry, according to people familiar with the matter.

    The Sequoia Capital-backed company has received several letters of intent from the U.S.-listed SPACs and is weeks away from a deal announcement, the people said, asking not to be identified because the matter is private. The SPACs range in size from $300 million to $500 million, and Plus is planning to set its valuation range later this month, one of the people said.

    Plus is working with Goldman Sachs Group Inc. and will start a roadshow for additional financing via a private investments in public equity, or PIPE, transaction after it chooses a SPAC, the people added. Representatives for Plus and Goldman Sachs declined to comment.

    The Cupertino, California-based firm is among a handful of startups that are trying to up-end a fragmented long-haul trucking business with driverless technology. It has been working with Chinese delivery company SF Holding Co., which uses Plus-enabled autonomous trucks covering 1,500 kilometers (932 miles) on a daily basis, according to Plus. State-owned China FAW Group Co. plans to start mass production of jointly developed autonomous trucks in the second quarter, Plus has said.

    Full Truck Alliance will use its network, which links drivers and cargo, as a sales channel for Plus trucks.

    Founded by a group of Stanford University classmates in 2016, Plus is backed by investors including Chinese long-haul company Full Truck Alliance, Shanghai Automotive Industry Corp. and GSR Ventures Management. The startup raised $200 million in a funding round in February that attracted new investors such as Guotai Junan International Holdings and Citic Private Equity Funds Management Co.

    The company recently hired Dennis Mooney from truckmaker Navistar International Corp. to scale up production, and Chuck Joseph from Amazon.com Inc. to help truck fleets adopt Plus technology.

    https://www.bloomberg.com/news/articles/2021-03-08/sequoia-backed-autonomous-truck-startup-in-talks-on-spac-merger

    submitted by /u/thinkB4WeSpeak
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    DD - TAAL - Taal Distributed Information Technologies Inc.

    Posted: 08 Mar 2021 06:41 AM PST

    DD Link

    I've spent a while trying to figure out the blockchain space for companies that are long-term investable. Miners don't seem to have a sustainable business model for long term investing due to the block rewards dropping and competition increasing as BTC price increases. I think I have finally found one that can be invested in for the long term; $TAAL. Taal is positioning itself as a transaction processor, which includes mining, but is also so much more. Taal's president has recently touted the company as aiming to be the Amazon Web Services of blockchain. Sounds lucrative! The company is still small and in the very early stages of operations, which means I think the risk/reward is very favourable.

    Skip to the section titled "Taal's Business Operations and Prospects" on page 6 if you want the meat and potatoes of the report.

    Discussion should attempt to link back investing wherever possible despite the company operating in the blockchain sector.

    $40M share offering announced Wednesday evening

    This should put a floor on the share price around the offering price of $4.60. Could be a nice entry point for anyone looking to start a position. Further details

    TL;DR: TAAL stock looks like a great long-term investment.

    submitted by /u/AwesomeMathUse
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