Just wanted to put out a quick trade alert ahead of the next edition, which is LTRX – Lantronix. They bill themselves as “a global leader in Edge Al, compute and industrial loT solutions.”
They’re somewhat understating themselves here. I came across them while researching my latest “monetizing outrage” trade, which is Flock Safety.
I went from never having heard of this company to watching realtime social media meltdowns over them in under 72 hours.
They aren’t public – but in the course of digging into them I came across Lantronix, which is public, still tiny (just $246M market cap), and part of the Flock supply chain (among others).
It was actually one of the “among others” that put the hook me. I’ll take you through why in the next edition.
Action: Buy LTRX at market (don’t sweat it if you don’t catch it before today’s close. This one is still under the radar).
While I was in there I exited Streamex (STEX) at a loss, and I probably should have pulled the rip-chord earlier.
The new website and relaunch is coming along nicely and should be ready for at least a sneak peak by the time the letter comes out (maybe even launched)
I’ve had a few questions on the rebrand as well: for now suffice to say that the new site will not supplant The Bitcoin Capitalist portfolio as much as expand on it.
Where before we were focused on that 7% to 15% slice of your portfolio that was allocated to Bitcoin and crypto, we’re retaining that, but looking at adjacent sleeves, while always in keeping with our smart machines, sound money and scarce resources guiding principles.
Again, more on that in the next edition, which should be out over the weekend of the 30th/31st or else the first of the month.
