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1 Buy I'm making right now (High Risk)
1 Buy I am made yesterday (before going back to taping my hands) was $HIPO. Here's why:

This stock has rightfully been punished hard since becoming public via a SPAC merger last summer. It's down 92% from its NAV price of $10 pre-merger. However, with a book value of under 1.5, cash runway through 2024 and valued at ~$450mm, I am doubling down on my beaten down position.

Cost Basis is now ~$1.5/share. We'll see what happens from here, but I think the bears have beaten this company down long enough.

Eric Weiner's avatar
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