Mikro Kap David
@david_katunaric
turning over micro rocks and sharing my discoveries || there's always a cheap market somewhere || not investment advice
📢ANNOUNCEMENT❗️ A few months ago, I left my equity analyst job to fully dedicate myself to The Mikro Kap. That wasn’t an easy decision, but it felt right. After two years of free analyses, all new content will now be behind a paywall. Here’s my offer to you: (link in bio)
...prospectus it is
Not reading any annual reports today☀️
In 2016, I shared an elevator with the CFO of Wirecard in NY post a group meeting MS hosted with a room full of rabid short sellers post some high profile fraud allegations. We were short the stock - in size - because we thought they were probably a fraud and that they would at…
share a piece of investing lore about yourself
"When a stock appears unable to rise above an apparent resistance level this is almost positive proof that it eventually will, because this induces public selling. The weaker the rallies the more a sound base is indicated. It is then the public is induced to sell out." From Ted…
It’s amusing how the $TSLA bears nailed it in 2021 with concerns about competition, lack of pricing power, EV overcapacity leading to weak gross margins, and unrealistic FSD projections, yet the stock has barely moved. Shorting’s tough. Especially when you’re up against a cult.
OK, like I get that TSLA doesn’t trade on its fundamentals whatsoever. But at what point does this become absurd… it’s been absurd for like 3 straight years now… when does it become actually absurd? Recession? Is that what it’s gonna take, if even that?
Guess who cut his position in half a month ago… to rotate into something that’s gone nowhere since 🤡🫣
Quick update: I’ve switched over to a custom domain—so from now on, my work can be found at mikro-kap.com. All previous links should still work and redirect automatically, but let me know if you run into any issues accessing anything on the site.
Good morning. Here's a fact that still keeps me up at night.
This is hands down the best case study I’ve read this year. Well done, Ryan! Now I’m even more pumped for our conversation.
Many know the story of Jay, Buffett, Graham & the Rockwood cocoa arb. Less seem to know what happened to after. I named my project after Rockwood not only because it involves the most creative deal, but was arguably Jay’s most important. New article out. Free for all to read.
I always get a kick out of CEOs that accept a call request and then answer every single question with "I can't answer that - Reg FD" - even to historical questions. Why even accept a call? 🤣
If only there was a publicly listed company that let you participate in exactly this theme… $LDB.MI
EU HVAC will create new Billionaires. European HVAC roll-ups are cheaper, more skilled, and less crowded. Thread
Btw nasdaq-100 did +85% in 1998 Then +102% in 1999
Btw nasdaq-100 did +85% in 1998 Then +102% in 1999
Gone through more than a third of the comments so far, and it’s starting to feel a lot like 2021—plenty of unprofitable names with "disruptive" technologies, heavy dilution, and -90% all-time stock charts, yet somehow they’ve doubled in 2025, promising the sky once again. Of…
Any cheap micro-cap names I should take a look at before I go on vacation? (bonus points if no one’s talking about it)
The best way to protect the downside is simple—just avoid reading about any unprofitable company with a ticker that ends in .V 🫣🤭
Just came across a company that reported 5% EBITDA margins for Q1, but a month and a half later, they discovered a "technical accounting error." Turns out, after that error, the true EBITDA margin for the quarter was actually almost -3%, and now they’re in breach of their debt…
Well that's a first Did it really spread all the way to SGX (@Jam_invest)
1/3 Our monthlies are out. In this month’s DMXCP update, we reflect on FY25 and provide our thoughts on how we are positioned heading into FY26. dmxam.com.au/monthly-report…
Any cheap micro-cap names I should take a look at before I go on vacation? (bonus points if no one’s talking about it)
Anyone have a clue who's been picking up $SGA shares from the Edward K. Christian Trust—or $JCTC shares from the Oregon Community Foundation? Both have room for activist involvement