This REIT has a forward P/E of 36, and an enterprise value/EBITDA of 19. I had a search around, and the only thing that seems to make this stand out is that Warren Buffett supposedly holds some of the stock.

It's paying a fairly hefty dividend, but that's not 100 covered by net income.

I don't have a position in this, but I might take one out soon, depending on what I learn!!

The only thing to fear is volatility itself.

Mind you, I'm bearish on bitcoin.

Buying downside protection always seems expensive. Until you encounter days like today.

FWIW, I think we're still in a bull market, but maybe not for the rest of 2022.

Plan to sell "up to" all its oil and gas assets.

You can read the report here. It's pretty damning: bad culture, high turnover, unrealistic projections, C-suite with dubious history.

The stock plunged 15% today, which will have resulted in a nice little earner for Spruce Point, but they must think this stock is vulnerable to make it worth their while making the case.

I got a note in my inbox saying that $GRFXY is a great stock.

You can read it here. The company is based in China, and seems to have pivoted from operating hotels to making spherical graphite and graphene.

I am reasonably convinced that the material will see a steep increase in demand, but I'm not convinced that Graphex will profit from this.

Any opinions?