Western Gold Resources: The Cheapest Australian Gold StockWestern Gold Resources – WGR.AX
Pitch Summary: Western Gold Resources is strategically positioned to capitalize on the current surge in gold prices due to its low capital expenditure and quick development timeline for the Duke Gold Project. The company’s valuation presents an asymmetric opportunity, as it is fully funded to commence production with a market cap of 46.4 million AUD. […]
Upstart Holdings Inc (UPST)
Pitch Summary: The two largest sources of revenue (over 73% in total) are in financial trouble; uncompetitive and flawed AI; could not defend its ‘better AI’ claim to SEC; increasing loans with high non-performing portions; BSD Analysis: Upstart markets itself as an AI-driven platform for consumer lending, particularly unsecured personal loans. The bear case centers […]
Stride Inc (LRN)
Pitch Summary: The last of the over earners from the Covid period – EBITDA to fall over 20%; $330mil undisclosed funds from Covid; up to 40% of the total students are fake & ‘ghost’ students; undisclosed churn; overbilling and fraudulent claims; BSD Analysis: Stride Inc. (formerly K12) operates online schools and learning programs. The bear […]
