Judd Arnold Pt.2: Offshore (TDW, VAL, RIG), Pagaya (PGY), and Unseasoned Stocks

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Jun 30, 2023

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INSIGHT

Tidewater's Strength Through Bonds

Tidewater's bond deal signals strong market confidence post-bankruptcy.
This access to capital enables acquisitions and strengthens their market position.

INSIGHT

Long Offshore Capex Cycles

Offshore capex cycles span five to seven years and drive long-term demand.
Current rig contract extensions indicate higher commitment than past cycles, signaling a positive trend.

ADVICE

Prioritize Investing in Liquid Stocks

Prioritize liquidity when investing to ensure market interest and exit opportunities.
Stocks with average daily volume above 10-20 million tend to attract institutional buyers and trade better.

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Hey Guys! This week we have Judd Arnold as a returning guest. Judd discusses why Tidewater is the best energy stock at the moment. He explores offshore opportunities, like VAL, RIG, and NE. Judd highlights the importance of liquidity and provides insights on finding post-bankruptcy ideas. He also mentions Pagaya (PGY) as an interesting company and shares additional investment ideas.

[0:00] Why Tidewater is the best?
[10:00] You are long CAPEX, not price.
[15:00] Sub Sea 7
[25:00] Offshore opportunities ($VAL $RIG $NE)
[30:00] Liquidity is King
[40:00] Finding Post Bankruptcy Ideas
[55:00] Pagaya $PGY
[1:20:00] Other Ideas

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