Some highlights from this weekend’s Event Driven Monitor
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As an FYI, we got the video recording from last week’s Happy Hour with Gator Capital’s Derek Pilecki up on the website. For those that missed the live session, it’s definitely worth watching as he knows his niche.
Moving over to thematics, a few weeks ago we introduced a good friend, Roderick van Zuylen (@roojoo3), of NightWatch Capital, to these pages who gave us the run down on some long vol plays in a Trump/tariff world. As mentioned, he’s next on our list to join us for a Happy Hour to discuss his thematics on Friday, August 22nd at 4:15 PM EST. Save the date for now, registration link will follow!
In preparation for his Happy Hour, RooJoo is also polishing up a new inflection/ED that we will publish next week on some “left for dead” names that may unlock with Trump in the seat. We’ve gotten a TON of value from his themes and pitches over the years, so you won’t want to miss next week’s issue….
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Kuppy’s Tweet of the Week
Chart and Kliff Note of the Week
Cluster Insider Buy Monitor: Specialty chemical company Olin (OLN) had a VP purchase 20k shares. The VP has only been with the company for four months, but back in February, Olin’s new CEO (in the role for about a year) purchased 7,250 shares. This is the first time multiple insiders have purchased within a year of each other since 2020.
CEO Turnover Monitor: XPOF hires Mike Nuzzo as CEO, replacing the current CEO Mark King, effective immediately. Nuzzo was previously the CEO at Eyemart Express until it was acquired in January. Prior to that he held the CFO and then COO role at Petco for seven years where he was a part of its sale to PE in 2016 and then its IPO in 2021. Seems like the guy to hire if you want to clean the business up and get an exit.
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Kuppy’s Event Driven Monitor scans over 20 corporate events for market moving information and distills them into our propietary “Kliff Notes.” One profitable trade should more than cover an annual subscription and access to the Event Driven chatroom!