TUSK
Mammoth Energy Services Inc
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Black Tusk Resources is now trading as Q Battery Metals Corp. (QMET)!
Q Battery Metals Is Now The Official Name Of Black Tusk Resources
$TUSK - Mammoth Energy, Large O&G Services Parent Company
#premarket #watchlist 11/19 $LVGN -short squeeze , $GTEC -Launches 2nd Electric Industrial Vehicle Line, $GRCL - Granted FDA Orphan Drug Designation, $TUSK - Multi-Year Electric Vehicle Charging Engineering Contract... Any trading ideas? Welcome in comments! Also check my app!
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There's are plenty of micro caps which will be busy for years installing equipment for data centers in their are. Small companies like TUSK for example
I actually did this same exact thing 1-year ago because i thought it was so interesting... It managed 2 companies for me: 1) TUSK (energy company) and 2) STTK (pharmaceutical company). A year in, i am +23% and +882%, respectively.
$TUSK feels overlooked. Small cap. Energy services. Infrastructure exposure. Cheap Nov calls. If oil stays firm and project activity picks up, this one could surprise people!!!!!! Mammoth Energy
Im watching TUSK and FTEL both had good news after hours ..
Im watching TUSK pre market see what it does good news real company...
I mentioned TUSK earlier does anyone think this could run in PM? looks like a legit company with good news after hours..
TUSK news https://www.stocktitan.net/news/TUSK/mammoth-energy-services-inc-announces-sale-of-engineering-mz6jc0fgn7qt.html
Bro your reasoning is right. If they vote yes, then stock plunges (sell the news event). If they vote no, it will plunge because, that MELON TUSK isn't there to FSD Tesla anymore.... I bought Tesla puts
Bullish on ELON TUSK FOR TREASURY
Stock Price Too High IMO -- GREYLON TUSK
ELON TUSK 
YES DADDY TRUMP TARIFF EVERYONE AND GIVE LOTS OF MONEY TO INTEL THE CEO POSTS BIBLE VERSES ON TWITTER HE'S A TRUE SERVANT OF GOD WE NEED YOUR HELP TO REACH THE PROMISED LAND WHERE IT FLOWS MILK AND HONEY AND WE NEED ROCKETS BY ELON TUSK SO WE CAN GO TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOooooooooooooooooooooooooooooooooooo................................................
Monday: made a few with RDDT then switched off to MIRA during extended-hours hoping for some of the spike (synthetic ketamine, huh?), lost a few this morning; switched to even-shares clutch of: EMR, MKSI, CNI, GATX (on news), smaller-share of TUSK (on gain)
I am really inexperienced at this. I was wondering if someone could tell me if this stock looks like it could cause a short squeeze: TUSK. Thank you Edit: what I noticed is that short interest is high, few shares are available (virtually all its available shares are shorted, if I am reading it correctly) and it’s moving in the opposite direction ( it’s going up) I really don’t know how to analyze past that
I am really inexperienced at this. I was wondering if someone could tell me if this stock looks like it could cause a short squeeze: TUSK. Thank you
ELON MUSK...... ! DRIVE IT IN YOUR ARSE WITH THE IVORY TUSK...... 
should short tf out of $TUSK, deadbeat company laden with debt, not paying people what it owes
Energy saw large relative volume & moves today, BTU, TUSK, ENPH, NFE, XLE, etc. XLE is corkscrewing tighter: [https://ibb.co/mbxzPGT](https://ibb.co/mbxzPGT) [SPY crayawns and theory of the day:](https://ibb.co/gg2qG2T) Looking like a broadening wedge $362-$395 going into FOMC, earnings and March. Aka, VIX pump + larger kang. Definitely keeping a close eye on the 3/17 & EOQ 3/31 chains for breakouts but 7/1/23 wedge with $375 as the middle is intriguing as well.
gargle gargle gargle. Enron TUSK: OH FUCK I'M GONNA CUM! You: On my chest daddy or right in the mouth? GIVE IT TO ME DADDY!!!
It’s gonna go slammin up if republicans win next week. Great buy in point rn, gonna get few thousand shares. USWS and TUSK have been VERY surprising.
Mammoth energy ticker TUSK is also a silly one, turned 4 dollars into 5 with it
TUSK getting gored.
Someone said TUSK is a 30 bagger.
Got my eyes on FATH, SWN, TUSK, FAZE, GETY possible plays
the 1-day candles on so many stocks showed classic breakout potential as of thursday night. I thought it was a clear signal to go long, and I played it like that. Nevertheless, it went up way PAST what I thought it would go to. Still, I rode the gains until 3:45pm and sold a lot of my longs. Looking for TSLA to pull back moderately, within Monday-Wednesday, before potentially rocketing to 1000. Amazon should almost certainly pull back to 130-133 on Monday, before continuing up. Signals are pointing to breakouts, and the combination of negative news leads me to believe this is the classic false media narrative that big traders are taking advantage of. Back to +34% YTD gains as of today. $TUSK still a long term play, unaffected by general market. Just found out today they're ramping up to even more crews than I thought, trying to get to 7. They had 2 crews when I started them as a customer. Keep it simple! Cheap, easy shares...
told you guys in the trash bin thread, $TUSK would beat earnings. First time in 2 years they made positive EPS. Broke out today above their 3rd peak. These are a customer of mine, and I'm intimately familiar with how they've been growing again. O&G services lag behind producers. With Europe buying US nat gas, this trend will continue. Thank me later. Shares are cheap, options don't have the liquidity.
$TUSK earnings in 13 minutes - this is a customer of mine they have RAPIDLY grown in the last 6 months and are continuing to grow… since market is forward looking, I expect a bump after the earnings call offers guidance on - you guesses it - the future. Shares not options, not enough liquidity. Trust.
I am the rare 🌈 BOOL and Elon TUSK is my GOD-IDOL 
Wondering on your opinion on frac sand. I have a position in SND and have looked into a few others. In the end production will shift back to North America for a trusted energy source. Fracking for oil and natural gas ultimately requires sand and I have read due to shortages of truckers demand is going to northern white out of wisconsin via trains. I added to my position after the STB meeting with the class 1 railroads to get there shit together with energy products. This has always been a lower margin then intermodal so it goes to the backburner when demand is high and right now they have the capacity to haul more. TUSK SCLA SND and for Canada source energy. I picked SND due to there recent acquisitions of mines for pennies on the dollar.
Elon Musk, more like [ELON TUSK](https://www.factionfinancial.com/prediction/8a430e88-b3e6-4878-a2ba-6706bce8de7e)
FUCK TUSK and fuck all his cheerleaders. deal with it he wont be allowed to own over 15% without consequences big fucking deal. sure as hell dont care but it was a nice read about how the poison pill works since i did not know anything about that before.
[https://finviz.com/quote.ashx?t=TUSK](https://finviz.com/quote.ashx?t=TUSK)
I was also looking at GASS, IO, TUSK, ENG. I haven't invested in them yet just been watching
$TUSK $CEI $USWS ride this energy train
$TUSK, $CEI, $USWS, I’m up 10% today already.
Husa and CEI following the same pattern, $TUSK for the win.
$TUSK Gonna be over 2 years but It’s going back to 40$.
$TUSK- calls 2.50. Get the hair on your trunk wet
$TUSK is up another 20% today. Which is fucking funny because its a PoS company.
I'm into TUSK they've been doing solid work on oil infrastructure and have been moving to electric grids as well. Value play for me
TUSK small float work more on the infrastructure side of the oil equation. Up take in drilling is bullish for them. Plus they are poised to
Putting my entire check in TUSK and my wife's bf can pay the mortgage this month
TUSK is still going to fk me
IGACW at 0.73 guh. biggest warrant holding along with LFTW. atleast my average is down to 0.89 now which i can live with #SAVE ME DADDY TUSK
TUSK has ZERO short interest but it’s a runner. At 2.40 a share it’s a steal. I bought 10 share it went up lol
PLZZZZ MR TUSK mr timothy business and I are sick of bitching about this ticker every day. DA please *4 months later goes by, we sell out of frustration and they end up with Fan Duel after all*
Awesome!! $TUSK is a charity coin which donates to elephant perservation. Launched a couple months ago, community driven, 100k mcap, burn token.. 🔥 😎
$TUSK. Energy infrastructure services. Ride or die.
Tusk and Haliburton are my two. I have TUSK shares and long Haliburton options.
We need a WSB(OG) remake of TUSK But BER
Thanks for looking into that very much appreciated! Any predictions on what $TUSK will do in next 12 months? I bought (and will likely buy more) for 1-3 year hold but seems iffy if it will dip until EPIC/infrastructure services pickup steam?
Falcatus here... A buddy saw this post and sent it to me. I am humbled and flattered by your commentary and compliments. I was initially hesitant to engage that article because of how poor of a job the author did...just an absolutely atrocious analysis on his part. I didn't want to seem like "the small dog barking at the big dog"...but in the end I had to set the record straight. The stock has zero research coverage on Wall St (another reason I like the stock...its off the radar!) and there is nobody out there to defend it when rubbish like this comes out. No, I'm not a sell side analyst and have never been on CNBC (I could never handle TV!) but thanks for the compliments. TUSK is a very cheap and misunderstood stock, and their growing Power Infrastructure Services business is a great place to be right now...a lot of secular tailwinds. Yes...it has a lot of "hair" on it (most Mammoths do!), but I view that "hair" as more of an opportunity right now versus a risk. I posted another comment on the SA article, in reply to another commenter on the article that posed some questions. You can view that comment here: https://seekingalpha.com/article/4411905-mammoth-energy-services-wishin-and-hopin#comment-88364780 Best of luck and happy hunting! \- Falcatus
About 2 minutes before close 3M, AAPL, TUSK, and HAL all cratered instantly while AMD and VZ soared. Almost exactly the same percentage in each direction. Helpful to remember you’re mostly trading with algorithms operating on formulas you could never understand.
Lol, that last two minutes! MY 3M and AAPL and TUSK all took a shit simultaneously. TOTALLY normal market!
That looks more like a FALCON TUSK! Shit... FALCON PUNCH!
Is Falcatus the CEO!??? This is amazing. Very well written & all valid points. I’ll be in there buying some $TUSK tomorrow 100%
Part III: > the Risk Factors you rattle off from the recent 2020 10-K, particularly related to PREPA, are verbatim the same Risk Factors disclosed in the 2019 10-K. If there was something incrementally new since the 2019 10-K hit, I'd give you credit, but that's not the case = old news Risk Factors disclosed in 10-Ks are meant to outline ALL of the potential risk that could harm the business or stock price. There are inherent risks in investing. If every risk factor in every 10-K in every company was taken at face value with a high probability of materializing, nobody would invest in companies! When I look through 10-Ks, I look for changes in Risk Factors compared to the previous version…new incremental risks, or adjustments to the language, are what can be noteworthy. The ones you cite have been listed for some time now. = old news "It's noteworthy that at a time when energy shares, generally speaking, are surging with the rise in oil prices, shares of TUSK are down. In fact during the few hours I've been writing this article the companies stock is down 8%, and appears headed for further decline today when the market opens." --> perhaps this is because a) many investors increasingly don't view TUSK as an OFS/Energy play b) you are cherry picking the performance within a very small timeframe of mere hours that fall within a single day...this is the data point you use to reference a trend? c) the stock is up +154% since the end of December (following their 3rd validation by FEMA of their work performed for PREPA, following their $40M Aqua Wolf engineering contract, and following their Q4 results which demonstrated continued progress in their Infrastructure business and potential signs of life on the OFS side). = misleading On one hand you note: "the EPIC business also is going to do well. The government, once it settles the current COVID relief package, will very likely begin deliberating a huge multi-trillion dollar infrastructure package that could very well benefit companies like TUSK...I could try and describe their prowess at securing this sort of work, but I would never do as well as some old older articles by a former contributor who helped to put this company on the map... Mr. Bert, a now deceased, retired Wall Street trader who devoted a good bit of his early writing to TUSK. These are worth reading as Mr. Bert went into great detail as to why TUSK would be successful in the E&C business...focus instead on the very elaborate detail he provided on the core of the EPIC business that TUSK proved they could capture. Mr. Bert was one of a kind"...and then later you write: "The future of the company is undoubtedly in the EPIC/Infrastructure business for which they have shown an ability to secure work, and is growing and will continue to grow for the foreseeable future."... which is then dubiously followed by this statement: "It's also difficult to say if TUSK will be broadly successful in securing infrastructure work in this country. Most of their historical revenue of this type has been from PREPA and associated with their original contract and extensions. As such I'm not going to infer any revenue gain to justify an incremental value above an arbitrary $1.00 per share. If the stock were to sink to this marginal level it might be worth taking a stake, as the book value of the company \~$550 mm would cover liabilities of $263 mm with a substantial bit left to pick over at the Sheriff's auction" = sensationalist + conflicting with your own statements + lacking clarity + misleading + nonsensical 9) So let me get this straight...you admit that their EPC/Infrastructure business is "going to do well...has a proven ability to secure work...is growing...is the future of the company...and will continue to growth for the foreseeable future" (all your words) and then in the next breath you cast doubt on their ability to secure work in "this country" (assuming when you write "this country" you are referring to the US???) because their historical revenue was concentrated in Puerto Rico with the PREPA contract...and thus surmise no value should be given to his business and the stock should be worth $1.00 per share? I'm almost wondering if you proofread your article before posting it...did you forget that earlier in the article you cited their Infrastructure business generated $155M of Revenue in 2020, (which posted 15% EBITDA margins for the 2H of 2020)? = sensationalism + conflicting with your own statements + lacking clarity + misleading + makes no sense at all 10) Last but not least: you don't provide any estimates, math, inputs...or anything close to a reasonable basis for how you arrive at your $1.00 target. You think a business that has a 20% CAGR with high teens EBITDA margins and macro tailwinds should be trading at a multiple of less than 1x EV/EBITDA? Zero substance demonstrated on how you arrive at such an outlandish, baseless claim...just a "finger in the air" approach to security valuation? You should do your readers (and your credibility) a favor and explain to us how you arrive at this ridiculous conclusion. This article is both reckless (for your reputation) and useless (for your readership). = sensationalism + conflicting with your own statements + lacking clarity + misleading + makes no sense at all PS: the correct abbreviation is "EPC"...which stands for "Engineering, Procurement, and Construction". There is no "I" in it...it's not "EPIC" PPS: "Just a few weeks ago they announced a substantial EPIC contract with an unnamed utility worth $40 mm to provide services of this type. The secrecy here is curious... but, we're not going to dwell on it at present." --> there is no conspiracy here my friend, even though it appears you want to plant that seed and spin it that way. It's called an NDA, or a Non-Disclosure Agreement, and is very common in this business. Look at any of the recent MSA contract awards with investor owned utilities that Orbital Energy Group (ticker: OEG) has announced in Q4'20 and Q1'21...they do not name the utility or its investor owners. Orbital must be conspiring in the same "curious secrecy" that you allude to in the case of Mammoth! Take off the tin foil hat...you might get struck by lightning. PPS: If you don't like receiving brutally honest responses like this, maybe you should be a bit more responsible and restrained with the sensationalist and provocative garbage you're willing to publish to the investing public. "Wishin' And A Hopin" you the very best with your short crusade to $1.00 per share. Best of luck with that.
Part II: >For comparisons...lets take a gander at the current EV/EBITDA multiples afforded to other players in the Civil Engineering/Infrastructure Services space: PRIM = 6x '21 estimates MTZ = 9x '21 estimates AEGN = 9x '21 estimates (taken out at that multiple) DY = 10x '21 estimates PWR = 11x '21 estimates OEG = 13.5x '22 estimates (OEG isn't expected to be EBITDA positive until '22) Net Debt is down -30% since Q4'19 and Cash has been steadily increasing...now up +181% since it bottomed in Q4'19 (also when Infrastructure Services Revenue and EBITDA both bottomed, which also coincided with this new management team coming aboard to lead Lion Power Services). Now...take a stock that is trading at a meaningful discount to most of its Infrastructure peers, and layer on top of this three free call options that you get when buying the stock: their depressed OFS business coming back to life, even at the margin...after all, crude oil is trading back above prices immediately seen before COVID, even with many COVID travel restrictions still in place and the economy not full reopened yet. 2) even a partial recovery of the funds owed to them from the PREPA bankruptcy. 3) the high likelihood of their eventual entry into Renewable/Clean Tech projects (via Aqua Wolf)If either of the first two call options get exercised this year, well then the stock is even cheaper than 5x EBITDA right now...perhaps in the 2x to 3x range...with the prospect for meaningful multiple expansion if the third option goes in the money and they begin winning contract awards in the Renewable Energy/Clean Tech space (you know how much Reddit loves Renewable Energy!). You want to short a stock that is trading at 5x EBITDA (perhaps even lower) in a high quality, high margin business that is growing...with potential upside from 1) a potential positive PREPA outcome in the cards sometime in the near future 2) potential for their OFS business to twitch back to life out of its coma (or the potential for them to sell these assets and pay down debt), and 3) the potential for multiple expansion afforded to companies that gain traction in the Renewable Energy/Clean Energy Tech/Energy Transition space? Have fun with that. TUSK is undergoing a business transition, away from legacy OFS with a clear, decisive and actionable focus towards Infrastructure Services in the future. Usually business transitions take some time, but it’s very clear this transition that is underway is not only working and gaining traction, but also gaining steam…and at a very opportune time for civil infrastructure projects. So that's my view. Now...some comments on your view and statements in this article: 10 REASONS this article is a hack job: Many, if not most, of the reasons you cite for being bearish on the stock are either OLD news being regurgitated for the sake of sensationalism, conflict with statements you yourself make in the same article, lack clarity, are misleading, or make no sense at all (or all of the above): languishing and depressed OFS business = old news related to PREPA litigation...you note "for which they are now in litigation" --> the litigation has been going on for years now (also that much closer to a resolution) = old news related to their high customer concentrations… this has been noted in their 10-K Risk Factors for years; they’re actively working to diversify into new businesses with new customers = old news related to the high concentration of their top two shareholders (Wexford/Gulfport)…this has been the case since they IPO'd. Wexford and Gulfport took TUSK public = old news 4a) Wexford has not sold a single share of their stake since around the highs in mid 2018. They are clearly in this for the long haul and still believe in the company. If I had to guess, they wouldn't even be tempted to sell until the stock reaches at a minimum the initial IPO price of $12. 4b) might the Gulfport stake be sold off due to their Ch. 11 bankruptcy proceedings? Sure, perhaps. A transaction like this indeed might temporarily weigh on the price of the stock, but it would not impair the underlying fundamentals of the business. In addition, it could very well be received as a positive for the stock with the removal of an overhang
Sorry the comment is below.....it's brilliant: Part I: \------------ > Anyone buying this stock should not be buying it for the OFS business. In fact, when I think of TUSK, I don't even view it as an OFS company. Those businesses are part of legacy TUSK...old news, not growing, in decline, and certainly not the future of this company. This also might be why the stock isn't trading in lockstep with oil prices and energy shares as you typed your article. You're an oil and energy guy, so I can understand why you'd make this mistake and remain hung up on this side of their business, while also breezing over and giving very little credit to the other side (Infrastructure/Civil Engineering). Mammoth Energy Services, or TUSK, is an Infrastructure Services company masquerading as an OFS business, and its actually still quite cheap here even with all of the "hair" that you outline, with some upside optionality to boot. It's not in disarray, its misunderstood and transforming into something new and improved (and outside your area of focus)...and frankly the proof is in the pudding. It is common knowledge that their OFS business is and has been languishing. This should not be news to anyone. So for argument's sake, why don't we just go ahead and value their OFS business at zero for now, and keep it tucked in our back pocket as a free call option on that business coming back to life even marginally, or perhaps a sale of these assets at some point in the future (note: management actually did say on the recent Q4 call that they expect Pressure Pumping to be EBITDA positive in 2021, and are receiving increased bidding opportunities, while Sand pricing is increasing and Sand production is returning to full capacity, ). But for argument's sake, let's slap a goose egg on OFS. And yes, they indeed have been (for years now...) in a legal mess related to PREPA. Also widely known and should not be news to anyone who is even remotely paying attention. You don't need to read their 2020 10-K to figure that out...just look at the 4 year stock chart. The PREPA mess is the reason why the stock went from a high of around $40 in 2018 down to around $2 at the end of 2019 just before COVID. It's unlikely the PREPA legal debacle can get much worse from here. I'd say the stock not only priced in the downside, but has also moved on from fretting about this saga. So again, for argument's sake let's go ahead and value the recovery of their $227M outstanding account receivable from PREPA at zero for now, and tuck it away in our back pocket with the OFS biz as a free call option on a partial recovery of those funds. Indeed their 2nd largest shareholder and their largest OFS customers, Gulfport Energy (GPORQ), recently filed Ch. 11. Since we've already agreed to value the OFS biz at zero...and Gulfport is part of that business (and they took a $20M charge related to Gulfport in Q4), I suppose we don't have to worry much about the concentration risk and "complicated relationship" related to Gulfport as one of their top clients. Slap a goose egg on it. I don't care about this business. As for the shareholder class action lawsuits...any time a stock materially depreciates like TUSK's has, the news feed for said company is always littered with ambulance chasing lawyers announcing class action shareholder lawsuits trying to capitalize on the situation by claiming wrong doing by management. The fact that they have some of these lawsuits doesn't surprise me, and it doesn't do much for me. So why would anyone own the stock here? Answer: TUSK's Infrastructure Power business, Lion Power Services, which oversees four subsidiary companies: High Power Electrical, 5 Star Electric, Aqua Wolf, and Brim Aviation. This is where the future growth of the company exists, and they are already demonstrating it in their results, driven by the execution of a newly appointed management team. Lion Power Services is led by: 1. President Ed Will (formerly of Quanta Power Inc...subsidiary of Quanta Services, ticker: PWR...you may have heard of them?) 2. VP of Business Development Shawn Mangan (formerly of Primoris, ticker: PRIM...you may have heard of them?) 3. VP of Transmission Operations Tom Leech. >Since these three industry veterans joined TUSK to lead Lion Power in Q4'19 / Q1'20...the proof is in the numbers. After continuous declines, Revenue from this Infrastructure segment stabilized at a base of \~ $25M in Q4'19 and around the same \~ $25M for Q1'20, before growing to $30M in Q2, $44M in Q3 and $56M in Q4 (all during COVID mind you). As for EBITDA margins in this segment, they went from negative -36% in Q4'19 (when Ed Will first joined) and have recovered into the positive mid-teens (17% in Q3'20 and 13% in Q4'20) with management expecting this range to continue through 2021 (15% - 18% EBITDA margins for 2021). . This business is growing and their end markets, which are essential services (electricity transmission, keeping your lights and fridge on...stuff like that), have major secular tailwinds at their back: Aqua Wolf awarded the recent $40M engineering contract with a utility 2) Aqua Wolf team has grown from 18 engineers up to 26 engineers 3) our country has a dilapidated, aging and failing power grid that desperately needs repair, maintenance, and modernization 4) Emergency work related to xtreme weather trends and natural disasters that continue to increase (last year's wildfires in CA and the associated rolling blackouts, this year's deep freeze in TX and the associated rolling blackouts, more intense hurricane seasons every year and the associated power outages, etc etc) 5) the rollout of 5G telecom infrastructure and fiber nationwide 6) a White House on the cusp of announcing plans for a major infrastructure stimulus packageAlso...just for kicks...riddle me this Doc: If the future and outlook for TUSK was so precarious, why would these three seasoned professionals who worked for very reputable, secure, stable, well established companies like Quanta (PWR) and Primoris (PRIM) leave there to jump aboard what you deem a sinking ship at the end of 2019 (a time when all of their legal woes were already widely publicized and clearly reflected in the stock price)? I surmise either these gents believe the outlook for TUSK/Lion Power is promising...or they believe they can make the outlook for TUSK promising. That would be my guess, given that's what they are doing. Whaddya know? These guys joined in Q4'19/Jan'20, they get ramped up in Q1'20...and what do you a see in their financials? A sharp U-turn in both Revenue growth and EBITDA margins in the Infrastructure segment. I guesstimate (at the low end) that on the currently young and very promising trajectory that this Infrastructure business alone could generate around \~ $[300](https://seekingalpha.com/symbol/300-USD) of Revenue in 2021 and \~ $60M of EBITDA, with high probability potential upside to that number. That's \~ 5.4x EV/EBITDA, without any contribution from the OFS side of TUSK's business. At \~ 5x Infrastructure EBITDA...TUSK is an incredibly cheap stock here. And mind you, this is with no value ascribed to OFS potentially recovering, PREPA funds potentially being partially recovered, and no expansion into Renewable Energy projects.
I wrote an article on my top infrastructure stock for 2021 - it was ZEUS: ## The Fundamentals of Olympic Steel - My Level of Safety Olympic Steel is a microcap with a market cap of only about $150M as of Feb 1st, 2021. The current stock price of $14 is still near its 5 year low. Here are my key metrics on Olympic Steel and why I like my margin of safety: * Current assets of $395M and current Liabilities of only $96M, a current ratio over 4! Also a net current surplus of about $300M - with a market cap of only $150M! * $233 of the current assets is in inventory as of Sept, 30th 2020. This inventory should be valued much higher with the surge in steel prices. * Only $177M in Debt as of Sept, 30th 2020. * So the net capital surplus minus the debt is over $120M. * The net asset value of $24 a share, so its price to book is 50%. * For Year-end 2019, produced over $120M of free cash flow. Almost the size of its current market capitalization! * The last quarterly results in Sept. 2020 showed about $23M of free cash flow. As stated at the beginning of this article, it is very hard to find "value" in today's market. Many firms are trading many multiples of book value - Olympic Steel trades at a ridiculous 50% of book. ## Recent Key Acquisition to Drive Olympic Steel Even Higher On Dec. 14th, 2020 announced that it has acquired the assets of Action Stainless & Alloys, Inc., the Company's fourth acquisition in the past three years. The all-cash purchase is **immediately accretive.** I like the word accretive! Also, I like STLD in the steel space. TUSK would be a risky spec play, FSLR and TAN good solar plays, TSLA, GOEV, FSR my favorite EV plays...:
Look for calls on TUSK
True true. Interestingly, only in the last couple years have a majority of Puerto Rican’s flipped to wanting statehood. And to bring this back to Stonks, if any hedge fund had a soul they would short the fuck out of TUSK for defrauding them on their contract to help rebuild their grid. CEO tried to launder money to an FBI agent in a casino. What a noob
Watching my TUSK shares continue to fly
Thanks. There are so many with no debt, lots of cashflow, and poised for growth. I'm so heavy on small cap/mid cap energy right now. TUSK is one, so is MGY, LPI, and on and on. They had massive runs this week. I'll definitely check out KOS. Thanks!
The best investment decision I made this month was to go shovel snow this morning instead of my planned buys of SOS, RIOT, MARA, TUSK, and ALB at open. I was also gonna by QS, which is doing ok, but it would have been a bloodbath.
FUCK WIT MUSK - YOU GET TUSK 🦣🦣
$TUSK is up roughly 40% in the past week and just won a ~$40 million engineering contract. Looks promising.
TUSK call idk if mistake or not
$TUSK won a contract that should be beneficial for future gains. This explains the volume for today. However the 8/20 7.50 strike has low volume. Anything less than 500 increases the risk of not being able to sell before the contract is up.
These are my picks. $FSR - most undervalued electric auto stock $TRVN - 6-12 month pick. Growth $COTY - Well undervalued & great backers $KOS - Energy stock, slow gainer $TUSK - Energy stock, slow gainer