Some highlights from this weekend’s Event Driven Monitor
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The Event of the Week
We want to thank him for joining us for a great conversation and answering the barrage of questions from the KEDM community. As is typical, we’ll be dropping the full video in the video section of the site later this week.
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Kuppy’s Tweet of the Week
Chart and Kliff Note of the Week
SPAC Monitor: From Shrub on the KEDM Happy Hour: “CCIR is a pre-vote SPAC with a trust value of 10. So that means until the vote happens, your downside is $10 because they have $10 in cash. It’s trading at ~$11.50 right now, so your downside is still like $1.50 max.
Newsletter Short Monitor: This week, Muddy Waters claimed that FTAI is violating US sanctions on Iran and that, somehow, an Iranian airline company ended up having its products. Earlier this year, the short seller claimed that the
company was using accounting tricks to inflate its financials.
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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!