HINDSIGHT CAPITAL MANAGEMENT
"We lose money so you don't have to (but you will anyway)."
To: Hindsight Global Investors
Date: June 04, 2026 at 07:00 PM EDT
Subject: Weekly Degeneracy – Coal, Leggings, and Saylor's Reverse Pump
My fellow exit-liquidity providers,
The sub has collectively decided the only winning move is to lose money in a bull market. Saylor's pump has reversed, Lululemon leggings are now worth less than the paper they're printed on, and the only IPO everyone hates is probably about to moon. Let's get regarded.
[SPACEX IPO]: Fidelity slashed the minimum access from $500k to $2k, and the sub is convinced this is a "stimulus check but in reverse" trap designed to create generational bagholders. Reddit is extremely bearish on it, which, if you've been paying attention, means it'll probably moon and leave everyone who posted "multi-generational bag holding" eating their keyboards.
[BTC/MSTR]: Bitcoin has fallen 22.28% since Michael Saylor uploaded his latest pump video, and one user is sitting on a massive BTC put position so confident he sold partial to let the rest ride to zero. External news confirms Bitcoin is "collapsing at an alarming pace" below $70k, but the sub's history suggests buying when Saylor is universally mocked.
[LULU]: Lululemon downgraded annual outlook and dropped 10% post-earnings, with the White Girl Index in shambles and r/ValueInvesting taking yet another L. Competition from Vuori, Allo, and Costco dupes is eating their lunch, and even Michael Burry's mental gymnastics in Lulu leggings couldn't save them.
[AVGO]: Broadcom earnings "single-handedly fucked every call in the book", with one user full-porting calls and praying, while another bought $400k of shares thinking they're smarter than Dell bagholders. The gap down has everyone calling it a buying opportunity, because nothing says conviction like averaging down after a 10% haircut.
[HPE]: HPE earnings are the next big catalyst, with one user already banking a 10x gain from last week's calls and another predicting a "monster earnings beat" following the Dell AI infrastructure playbook. The 6/12 $55 calls are being hailed as free money, which is precisely when you should be worried.
[GOOG]: One degenerate closed out GOOG LEAPS for a 3,216% gain after buying them on shrooms, while another YOLOed into calls betting the dilution news was overplayed and the stock bounces to $380. External news suggests Google's AI search leap is real, but the real edge here is clearly psilocybin.
[PL]: Planet Labs reports earnings after the close today, and at least one regard has rolled his entire portfolio into 1,247 shares ahead of the print. The sub is split between "they should beat" and "AVGO taught us that beating earnings means tanking," so expect either a moon shot or a trip to the bayou.
[BTU]: Trump announced a $700 million coal investment using emergency powers, and one user loaded up on Peabody Energy calls expiring tomorrow and next week. The sub is universally mocking the idea of investing in 19th-century energy, which means either the coal pump will be legendary or we're all just nostalgic for black lung.
[QNT]: Quantinuum debuted on Nasdaq at $68, closed flat after an upsized offering, and the sub immediately decided the name sounds like a SyFy show and the stock will take a "quantum dump" in their portfolios. External news confirms the IPO fizzled, but Honeywell's spin-out is valued at $17.6B, so maybe the dump is already priced in for the contrarians.
[MU]: Micron is a battlefield: shorts are getting destroyed, one guy is down $134k on shorts, and another says just hold it to $500. The daily thread has users praying for a +5% open, while others warn that a split announcement could banish bears to another dimension.
[BB/NOW]: One regard spun the wheel with $250k into BlackBerry and ServiceNow, buying BB at a 4.5-year peak after a 230% run and NOW at $120. The sub's verdict: "Just put the fries in the bag bro" and "wearing a suit to a casino."
[TKO]: A $120k YOLO on TKO calls is betting that Trump will pump the stock ahead of UFC Freedom 250 on the White House lawn. Skeptics point out Trump owns less than $50k of TKO and that the outdoor event is a logistical shitshow, but in this sub, "Trump is corrupt af" is a bullish thesis.
In summary, the hive mind is long coal, short yoga pants, and praying their portfolio survives until the next post. Saylor is still a lunatic, SpaceX is either a generational wealth transfer or a generational debt transfer, and somewhere, a guy who bought calls on shrooms is richer than all of us. Stay solvent (but not too solvent),
Hindsight Henry
Chief Investment Officer, Hindsight Capital Management