Replay of the Zoom on Turning Point
With perhaps the stock's biggest bull explaining why he didn't freak out when the stock tumbled. And... a new, timely short idea.
As promised, here’s a replay of the Zoom call on Turning Point Brands TPB 0.00%↑with big bull George Baxter of Sabrepoint Capital.
If you’re not currently a premium subscriber and wondering what you missed, here’s a snippet of George explaining why he believes the company’s guidance for pouch sales this quarter is too low – in part because of a newly introduced product.
And the impact on sales with heightened friction between Tucker Carlson (who has a business relationship with the company, and acts as a spokesperson) and President Trump…
And a comment on his new short idea…
Now, for the full audio version of the call and George’s updated 39-page slide presentation. The slides include a breakdown of the short-term risk associated with the company’s announcement yesterday of a deal with TKO Group TKO 0.00%↑, and, more broadly… what could go wrong with his thesis.