Trade Alert: Special Situation

Our bet on a shipping company getting bought out begins to heat up, so we're adding a second trade on it. Plus: two new Top Names trades.

A Special Situation Starts To Play Out

As regular readers know, the Market Watchers list is one of the best early-signal sources we track—a curated group of sharp analysts who often surface special situations before they become consensus.

One of those situations is now heating up. A large global shipper just received an initial buyout offer that appears to significantly understate its underlying per-share value. We already had an open trade in this name that we entered in September and we took some profits on Tuesday; now that the thesis is beginning to play out, we’re adding a new trade structure to stay positioned for the next leg higher.

Crypto Names Return To Our Top Ten

Although biotech has replaced crypto as one of our core themes, two crypto miners appeared in Portfolio Armor’s Top Names last night. Whether that strength is coming from their mining economics, their AI/datacenter exposure, or a broader volatility repricing isn’t the key point—the signal is. Over the last three years, Portfolio Armor’s Top Names have generated substantial alpha, and when the algorithm is this decisive, we follow it. So today we’re adding a trade with uncapped upside on one of those miners.

And Reindustrialization Remains

Finally, one of the strongest names in the reindustrialization theme—a repeat winner tied to the datacenter buildout and reshoring—returned to the Top Ten. Yesterday’s trade in it didn’t fill, so we’re taking another run at it here.

Full details below.

Today’s Special Situation Trade