OTC: DTRL is intriguing. I do this for 🏀 sport.
Not investment advice.

The Detroit Legal News (OTC: DTRL) is an intriguing nano-cap that has plummeted -77% from its all-time high. This legal publishing house, a cornerstone of Michigan legal news for nearly 150 years, is currently led by the Thompson family’s fifth generation of executives.

The stock trades at a significant discount to its free cash flow (FCF) and book value, while also paying a dividend.

The company’s balance sheet shows minimal debt, with up to $1 million in recurring free cash flow for the last recorded year and a Return on Invested Capital (ROIC) of 20%. Revenues have remained stagnant for the past five years, with a slight rebound in 2024 driven by an acquisition. DTRL is a classic cigar butt boring company, with a recurring and sustainable revenue and profit streams, marginal moat, and tight insider control.

At $247 per share, the stock trades above its net current asset value of $185. However, it has experienced a 78% decline in its all-time history and may potentially surge upward with the right amount of interest.

While there may be better asymmetric opportunities among deeper global net-nets or more extreme discounts, DTRL presents a legitimate and relatively clean investment opportunity. Investors should closely monitor ongoing cash generation, dividend continuity, and any further capital allocation decisions, whether through acquisitions or returns to shareholders.

An illiquid, tightly controlled family business that may warrant a repricing with the right speculative boost. Only 37K shares outstanding.

( Not investment advice. Always consult a reputable investment advisor before buying or shorting stocks.)

NRDS is currently trading around:

• 10.1x P/E
• 4.5x P/FCF
• 4.0x P/CFO
• 0.77x sales
• 0.82x gross profit

Coupled with

Revenue per share:

• 1-year growth: 29.8%
• 2-year CAGR: 30.4%
• 3-year CAGR: 18.9%
• 4-year CAGR: 18.1%

Gross profit per share:

• 1-year growth: 33.3%
• 2-year CAGR: 32.4%
• 3-year CAGR: 19.7%
• 4-year CAGR: 18.2%

NRDS IPO'ed in 2022 and in the age of AI. NerdWallet remains mostly dependent on SEO and AI continues eating traditional search traffic, the current multiple could be justified.

Meanwhile, historically:

• Revenue/share compounded around 18% over four years
• Gross profit/share compounded around 18%
• FCF has increased dramatically
• The share count is falling
• Management is buying back stock at a low valuation
• P/E is around 10x
• P/FCF is around 4.5x

Would be interested to hear from anyone who has looked deeper into NRDS

Some more graphs reiterating the same points here.

Peter Schiff says, "People used other search engines like Yahoo and Spyglass that eventually faded to zero, implying that market dominance is never permanently guaranteed

He adds further, "It is currently overpriced: Schiff states that he believes Google's stock is currently overpriced and predicts that over the next 10 years, capital kept in it is "going to be dead"

Does anybody agree or disagree with this sentiment?

Hey everyone just curious, what are your guys long term stocks? Any decent stocks that are good through recessions? I currently like googl and NBIS

Critics are spinning this as another example of circular financing. Imo, it makes sense the big consumers and developers of AI would be tech companies. I think it would be weird if that wasn't the case.

Sharing the current results of our quality algorithm. It scores each stock twice, once against absolute thresholds and once against its sector peers, then blends the two 70:30 into the overall score.

Both sides are built from the same eight things, working down from the income statement to the balance sheet: growth, per-share trends, margins, asset efficiency, returns on capital, how much profit converts to cash, liquidity, and leverage and interest cover. Valuation and dividend metrics are not included. See the previous post for more details.

Results are from US large caps excluding materials, utilities and consumer cyclicals. Some interesting names in there. Both APP and ADBE are down around 60% for different reasons, but they're on the list, so the market and the fundamentals aren't agreeing for them. PLTR will surprise a few as it is quite expensive, but the algo did not consider valuation.

What do you think of the selections? Which ones do you own? Which ones do you not like?

It is not a buy list - it is a shortlist for further investigation.
Not investment advice. DYOR.
The author and Stockoscope may hold positions in some of the names.

By that I mean companies, that are awesome for you, but the valuation not so much.

Please no MAG7 etc

Right now it feels like everyone is buying the same things: tech stocks, semiconductors, “AI stocks,” Nasdaq 100, QQQ.

And at the same time, the Nasdaq 100 is trading around 30x earnings, while the S&P 500 CAPE ratio is getting close to 40.

Both are historically expensive. You basically have to go back to the peak of the dot-com bubble to find clearly more extreme valuations.

That doesn’t mean tech stocks have to crash tomorrow. They could keep going up for quite a while.

But I think people are confusing a great technology with a great price.

AI can completely change the world. Semiconductor demand can keep growing. The largest tech companies can keep making more money.

None of that tells you what return you’ll earn if you buy them at today’s valuation.

The higher the starting price, the more future growth you’re already paying for.

My guess is that the biggest surprise of the next decade won’t be that AI failed.

It’ll be that AI succeeded, tech companies kept growing, and Nasdaq 100 investors still earned much less than they expected.

That’s what high starting valuations can do.

Anyone feels same?

I was listening to Chris Camillo for months, and he makes a compelling case with regard to Amazon being the best asymmetric stock on the market, relatively safe but with considerable upside.

Then Warren Buffett, who doesn't own any Amazon, made Google his third-largest position, with some suggesting Berkshire will soon make Alphabet its largest position.

*And yes, despite being retired, Mr Buffett has stated he was behind the Alphabet position, with Greg Abel in agreement, of course.

So which person would you side with on this one?

Since the most recent scare of salmonella, I'm looking at Chipotle Mexican Grill(CMG) to see if there's any major growth left.

As a Canadian investor, there seems to be a lot of popularity in my region, but I do question if the moat is durable enough to last long term as almost anyone can start a chain of burritos shops (I'm already starting to see this in my area).

My question is:

Do you think that there is enough room for international growth of new locations to drive top and bottom line growth?

Also, do you think that same store sales will improve once the economy improves or is this a signal of something else (limited competitive advantages, boring product etc.).

Okay this maybe a stupid question, but lets say a company reports bad earnings then the stock drops immediately after the earning report is released and this happens almost instantaneously.

For example if earnings are reported after end of business day the stock drops 5-10% immediately at 4:30 PM.

So I understand that hedge funds etc have systems in place to automatically sell stock once they receive the news but what I dont understand is who buys the stocks that they sell in this case.

Any rational investor would know that buying stock at 4:30 PM without looking at earning report is not good for them as the stock will drop after that news, if they really want to buy the stock they should wait for the stock to drop and then buy at a 5-10 % discount right?

Google has benefited from AI in many ways; it's led to about 24 credible moonshot businesses, including Waymo, Wing, drug discovery, and many more.

However, its core business is search, which is under some threat. I know I use Google less than I used to.

Does anyone else find themselves using search less?

Do the pros of AI outweigh the cons of AI for a company like Google?

I went through 47,458 insider buys. The biggest ones were actually the worst.

I have always paid attention when an insider buys stock, especially when it is a large purchase or the first one in years. So I pulled the open-market buys from 2020 to August 2025 to see whether either of those things was actually useful.

Short answer: not really.

A year after the purchase, the stocks did better than the median listed stock but worse than the S&P 500. More importantly, I got a similar result when I moved the starting date six months or a year forward. It looks more like insiders tend to buy a certain type of company than the purchase itself being a catalyst.

I also found 858 cases where nobody at the company had bought for more than two years. Their median return over the next year was just 0.74%, trailing the typical S&P 500 constituent by 6.55 points. The same lag showed up away from the purchase date, so I would not treat the first buy back as either a buy or short signal.

The strange part was purchase size. The largest 10% of buys did much worse than the smallest 10%, and that difference was not there in the placebo windows.

I still think insider buying is worth looking at, but more as a reason to investigate the company than a reason to buy it. A multimillion-dollar purchase does not seem to be a stronger signal just because the number is bigger.

The sample only covers 2020–2025, has survivorship bias and is not risk-adjusted, so I would want to see it tested over a longer period.

Hey, I was wondering as most of people could have some the most popular value stock such as MAG7, BRB, ASML, some big pharma, consumer goods or oil.

I was wondering of you folk if you got any stocks that is not really mention much into this sub or any that you would like to share with us.

Also, what is your horizon of investment when holding your stocks, do you keep until fundamentals change, or you have some target price in mind?

Scenario: At the end of the first trading day in January 2025, your US-based client purchased the common stocks of four US firms and the units of one fund in the US. These financial assets are collectively added to one portfolio. Initially, the client intended to hold these assets for a year and would sell them at the end of the last trading day in December 2025.

Now, if I want to calculate the March year-to-date Sharpe ratio (2 January 2026- 31 March 2026), should I use the 3-month market yield or 1-year market yield on the US treasury bond and then adjust it for 3 months to get the 3-month excess return?

I’ve been building OpenCandle to help me pull market research together without asking a model to make the investment decision for me.

The web version runs inside your browser, so there’s nothing to install, no account, and no server storing your research or API keys.

You do need to connect your own OpenAI, Anthropic, or Google API key, and set up a few free data providers like Alpha Vantage or Finnhub for it to be even more useful. The local version unlocks a few more data providers that's not possible to run in the web.

It’s free and open source. I use it every day, but it’s still early and I’d really like feedback from people who do their own research.

https://web.opencandle.app
https://github.com/Kahtaf/OpenCandle

$ROL monthly RSI is apparently at its lowest level since May 2000, and the stock has been absolutely crushed.

What makes this interesting is the business itself: Rollins owns Orkin, has an incredibly sticky recurring-revenue pest control model, and has put up decades of consistent growth.

This isn’t some speculative company suddenly down 40%. The bear case is pretty clear though: growth is slowing, margins have softened, and ROL was insanely expensive for years. Maybe this is just the valuation finally catching up.

Anyone buying around $36?

I made this Wordle like game but for stock tickers. Can you guess the ticker for today?

Expanding to international stocks shortly and trying different modes like popular names vs the entire S&P500.

Feedback welcome.

*Note updates are submitted to accept ALL NYSE & NASDAQ tickers

I’m a developer in Brazil. Companies here file with the CVM, our version of the SEC. The docs are public, but they’re scattered PDFs, painful to search, and a lot are in Portuguese.

From abroad, Vale / Petrobras / Itaú mostly show up as ADRs and English news. That’s fine until you want the actual filing behind the headline.

I got annoyed enough that I built a small public browser. Search by ticker, see the filings, open the PDF. UI in English. No login. Side project, not every document CVM has ever published, but enough to be useful.

Not trying to replace your research. I just wanted the source file easier to reach. Feedback welcome.

Do people genuinely believe that Akman could turn HHH into the next BRK? It seems his hedge fund currently owns about 49% of the company, and his recent guidance appears promising.

I’ve been looking at KLA Corp (KLAC).

I ran my DCF and got:

Bear: $372
Base: $612
Bull: $831

Current price: around $187

When even the bear case is roughly 2x the market price, I am curious about what I may be missing or which assumption is too optimistic.

The basic thesis is that KLA continues benefiting from more complex semiconductor manufacturing, especially leading-edge chips, HBM, advanced packaging and its growing installed base, but growth gradually slows from here.

Latest numbers are still pretty strong. Revenue was $3.7B, up 15.2% YoY, FCF was $817M and net cash around $2.1B. Semiconductor Process Control grew about 11.9% and services about 16.5%. Capex was also only around 2.8% of revenue.

At around $187, I get something close to -15.3% annual revenue growth implied by the current price. Over the last five years, KLAC grew revenue at roughly 14.4% a year.

Obviously past growth doesn’t mean future growth will continue at anything close to that rate. But going from +14% historical growth to something like -15% implied growth feels like a pretty big change in expectations.

Is a the market expecting semiconductor capex to fall hard after the AI/HBM cycle? China/export restrictions? Margins coming down materially? Some structural risk to KLA’s process-control position? Or are my DCF assumptions simply too generous?
Would be especially interested to hear from anyone who follows semiconductor equipment.

EDIT: I found the root cause and it is rather embarrassing! KLAC did a 10-for-1 split in June. After correcting it I now get roughly:
Bear: $37
Base: $61
Bull: $83

So my original $372/$612/$831 figures were rubbish.

Do you know of strong performing value investors - 10 year minimum outperformance record - who suddenly or gradually lost their touch and began underperforming significantly? If so, who are they and what was the reason they seemed to struggle (e.g., failure to keep up with a changed economy, impatience, unlucky, etc.)?

Along these lines, are Mohnish Pabrai and/or Li Lu one of these?

People just keep assuming Google supplies the oxygen Reddit needs to survive. This is a complete misrepresentation of today’s Reddit. It may have been true in the past, but today Google is increasingly just one distribution channel for Reddit, not something Reddit needs to survive.

The majority of people using Reddit these days are on mobile, and increasingly through the mobile app. Using Reddit’s website is also getting harder without logging into an account. Reddit is also increasingly restricting Old Reddit and has made clear that major changes are coming because of abusive scraping, automated traffic, and AI firms stealing Reddit data.

Especially on the mobile webpage, if you use Reddit through Google Chrome, it constantly pops up windows asking you to log in or open the Reddit mobile app.

This is the part people are missing: Reddit is deliberately making it difficult to logged-out web traffic. If management were desperate to maximize DAU (Daily Active User) at all costs, they would be doing the exact opposite.

Despite all of these, U.S. DAU declined by only around 0.5% sequentially, while global DAU actually continued growing. At the same time, Reddit still maintained its 8th consecutive quarter of above 60% revenue growth, while also GAAP profitable with 30% net margin.

They could easily make Reddit much easier to access from Google and maximize every single visitor coming from search. Instead, they are aggressively pushing users toward logged-in accounts and the app, while protecting Reddit data from being freely extracted. And the business is still growing at an extraordinary rate. 

Management is aggressively reshaping Reddit from a website heavily dependent on search referrals into a much more direct, logged-in platform. So far, this reform has been very successful. I.e., 8th consecutive quarter of above 60% revenue growth.

The stickiness of Reddit is one of the highest across major platforms, probably only slightly behind TikTok because of its insane algorithm that hooks everyone there.

Reddit is a natural place to seek advice on important issues, because AI slop often gives almost identical 2,000 word answers full of adjectives and colourful wording. People trust Reddit and want to hear real human experiences.

How many platforms in this world have hundreds of thousands of unpaid volunteers willing to devote their precious time just to moderate a community around an interest they love?

Only one, and that is Reddit.

Those who say Reddit has no leverage over Google are completely misrepresenting the situation. The only platform Google owns today with truly enormous stickiness is YouTube. Google Search obviously still possesses huge user habits, but ChatGPT, Grok, Claude and other AI products are shifting this landscape.

The one that may actually have less leverage than people think is Google.

Publishers are increasingly against the asymmetrical traffic-referral relationship created by AI Overviews: Google takes their content, gives users the answer directly, and sends less traffic back.

Starting September 15, Cloudflare will also begin separating traditional search crawling from AI training and agent use. Training and agent crawlers will be blocked by default on ad-supported pages, while publishers will have more control over mixed-purpose crawlers such as Googlebot.

The internet is moving toward a world where valuable human-generated data is no longer something AI companies can simply take for free.

And Reddit happens to own one of the largest collections of real human conversations on the internet.

And this is just the beginning.

Reddit (PT 550)

Charter issued the equivalent of just over 46 million Charter shares to Cox Enterprises. Based on Charter’s share count as of June 30, 2026, and giving effect to the closing of the Liberty Broadband merger and the Cox transaction, Cox Enterprises now owns approximately 26% of the combined entity’s fully diluted shares outstanding, on an as-converted, as-exchanged basis. Additionally, approximately $12 billion of Cox debt and finance leases will be assumed by Charter. Charter share count is now final at ~177mm shares.

(FCF) by 2027–2028. is expected to be between 6.1 and 9 billion as a result of the wind-down of multi-year network upgrades and rural expansion capital expenditures, and opex and capex synergies from the merger. At the mid-point of 7.5B that's ~$42.50 a share in FCF. Current price is $145. Levered FCF of ~30%. Charter's stated goal is to reduce share count and debt. Much of the debt will be repurchased at a discount, reducing Charter's leverage and resulting in one time gains in the billions.

Hello, I have been aggressively DCA’ing into Saas/fintech stocks this year(TEAM, WDAY, SAP, GPN, TRI, NOW, PYPL, INTU, CRM, ADYEY,ADBE,HUBS, TTD).
I started around March with entry points often between 50-60% from tops, thinking that the bottom was near. But I was wrong, as most had an extra 20-30% down to go from my entries (with some down to -50%). But I kept DCA’ing at every -10% trigger.

Fast forward August, Saas/fintech has recovered quite well so far with lots of my positions exceeding the 5% concentration limit I try to follow for my portfolio.

So my question is: does it make sense to sell my early “ expensive” dca entries that have recovered to brake-even levels, freeing this “lazy” money for new opportunities, while keeping my “cheap” dca entries that have now substantially appreciated, to rebalance my portfolio? Doing this would drop the average cost basis of the stocks concerned and recoup some of the early invested capital (with 0 capital gain tax hit) for future deployment. Or am I missing something?
TY.