Author · brief 2026-06-22

@mathlonning mathlonning

Concentrated small-cap fundamental bull who models organ-perfusion, semi-test, and satellite names in real time

Posts original bottom-up theses, valuation comps, and operat

trader score
-1.85
hit rate
15%
mean α
-1.75%
signals 14d
170

Grade = how their written analysis reads (A best). Trader score = how their last-20 timestamped calls performed vs SPY. · Analyst brief as of 2026-06-22.

Their picks, scored

Across their last 20 scored bets: 15% hit rate, -1.75% mean alpha, trader score -1.85. Their last-14d mentions, direction-adjusted, have moved -0.9% since posting (mean over 144 mentions with price data).

Space longs and TMDX flight data dominate

Author is concentrated in high-beta space names and TMDX, with disclosed longs in ASTS, MNTS, HAWK, MDA, TMDX and smaller speculative names. Distinctive read is that ASTS derisking and space-sector liquidity can drive rerates, while TMDX flight activity supports a beat-and-raise setup. Late week shows some risk management: sold TMDX calls to buy HAWK, sold MNTS on sharp intraday moves, and turned more cautious on stretched semis and violent space-name drawdowns.

Themes5analyst read · 2026-06-22
TMDX flight pace and kidney timeline
bullconsistent33 signals
⚠ 100% of theme signals are TMDX — flag pump risk
Space basket launch catalysts and liquidity rotation
mixedintensifying86 signals
⚠ 45% of theme signals are ASTS — flag pump risk
HAWK and MDA space-defense deal flow
bullintensifying18 signals
⚠ 61% of theme signals are HAWK — flag pump risk
Small-cap special situations and squeezes
bullintensifying25 signals
Macro beta, semis and software skepticism
mixedintensifying11 signals
Direction this week

Conviction is concentrated in space longs and TMDX, with ASTS, MNTS, HAWK, MDA and TMDX repeatedly disclosed or actively traded. There is evidence of adds in ASTS, MNTS, BAER, MRLN and HAWK, plus trims in MNTS and TMDX calls after sharp moves. The main risk flags are single-name TMDX concentration inside its theme, ASTS-heavy space exposure, and late-week caution on violent space pullbacks and stretched semis.

Position disclosures5skin in the game
ASTS Disclosed meaningful ASTS position as a favorite in the space basket. held
MNTS Disclosed MNTS as a meaningful favorite space-basket long. held
MNTS Sold MNTS on 20% intraday moves while still liking 10x upside idea. trimmed
HAWK Disclosed current HAWK holding in multi-name portfolio update. held
TMDX Disclosed current TMDX holding in multi-name portfolio update. held
Best hypotheses5their highest-scoring claims in our index
Potential S&P 500 inclusion could force index buying and produce a near-term RDDT price pop.
bullHIGH7 co-supporters
Bullish dip buyers believe post-earnings weakness is an opportunity to add rather than a thesis break.
bullHIGH4 co-supporters
The stock has broken its downtrend and technical pullbacks near the mid-60s are attractive entries.
bullMEDIUM3 co-supporters
Recent AI GPU burn-in board orders validate TRT as a credible beneficiary of AI hardware testing demand.
bullMEDIUM6 co-supporters
VELO merits add exposure as part of high-conviction speculative names rather than a new standalone position.
bullMEDIUM2 co-supporters
Recent signals15receipts included
date (PT)tickerauthorsentwhat they saidsince thenreceipt
2026-07-02·@mathlonning·AI take argues compute alone will not reach AGI without breakthroughs.·
2026-07-02ASTS@mathlonning+0.65Says ASTS technology critics have been proven wrong repeatedly.
2026-07-02ASTS@mathlonning+0.20Says ASTS closed near $85 and prior weekly prediction went right.
2026-07-02TMDX@mathlonning-0.15Speculates increased flights may be tied to CHOPS with lower revenue per flight.
2026-07-02ASTS@mathlonning+0.35Frames ASTS and Starlink competition as positive for direct-to-device technology.
2026-07-02SPCX@mathlonning+0.35Frames ASTS and Starlink competition as positive for direct-to-device technology.·
2026-07-02·@mathlonning·Says rotation out of semis is healthy and depressed sectors have tailwinds.·
2026-07-02TRT@mathlonning+0.45Says TRT looks buyable again, expressing bullish view without trade mechanics.
2026-07-02HAWK@mathlonning+0.30Says HAWK joined the space-stock rebound.
2026-07-01ASTS@mathlonning+0.55Says ASTS is a matter of national security.-1.1%
2026-07-01TMDX@mathlonning+0.15Raises question whether Europe operations can offset US transplant seasonality.+1.5%
2026-07-01ASTS@mathlonning+0.75Says T-Mobile x ASTS is inevitable and massive.-1.1%
2026-07-01BAER@mathlonning+0.55Says BAER business has been strong and stock can move fast.+1.6%
2026-07-01ASTS@mathlonning+0.65ASTS price is below prior level despite MNO deals, SCS approval, and J-LEO contract milestones.-1.1%
2026-07-01ASTS@mathlonning+0.45Argues satellite costs matter less as partners may fund satellites, with Japan/Rakuten first.-1.1%

Grade is our human read-worthiness rating; trader score is a rolling 20-bet hit-rate/alpha composite — different things, often disagreeing. “Since then” is direction-unaware in the table; the summary line above adjusts for which way they leaned.