This Skull Session builds on the short selling theme with John Sutter, Esq., who joined us to unpack the Andrew Left conviction. John has worked with whistleblowers and short activists and now spends much of his practice helping financial market participants reduce legal risk.
In this Skull Session, we are bringing back Sean Westropp of Deep Sail Capital (@DeepSailCapital) to discuss the current short-selling environment. The timing was useful because we have also been tracking our own zombie-style basket of lower-quality companies, while Sean has been spending more time writing publicly about short setups and short squeezes.
Last week, we held our June Open Forum. To start things off, we hosted Syra Health Corp. (OTCQB:SYRA) where we discussed its first profitable quarter and its positioning within value-based healthcare, including the behavioral health platform driving its recurring revenue angle. SYRA provides technology healthcare solutions to help improve patient care.
The feature highlight last week was a Fireside Chat Skull Session we hosted with Rhone Resch, Chief Strategy Officer of Toyo Co., Ltd (NASDAQ:TOYO), co-moderated and led by GeoInvesting Research contributor “Jev” (@MicrocapDr), covering surprisingly positive Q1 earnings results, the competitive advantage it has vs comps like First Solar, Inc. (NASDAQ:FSLR), the company’s plans to expand capacity to scale production, and the unique risks involved with investing in the solar industry. Can we see a re-rate in the company’s low P/E ratio?
This week, I also had my usual small-cap earnings review where Sebastian Krog (@treasurehunting on Substack; @SebKrog on X), Diego La Torre (@Diego_La_Torre_) and I went through 10 of our favorite small-cap and microcap names from the Q1 earnings season. We also made sure to cover the main risks in each case.
We hosted a Skull Session Fireside Chat with Rhone Resch, Chief Strategy Officer (CSO) of $TOYO, on May 27, 2026. The session was co-moderated by GeoInvesting research contributor “Jev” (@MicrocapDr), who brings two decades of energy economics experience to the discussion, and was coordinated with the help of Crocker Coulson of AUM Advisors, who serves as investor relations support for the company.
Well, I didn’t think I would be doing this anytime soon, but Richardson Electronics, Ltd. (NASDAQ:RELL) is back on our radar due to recent news about its expanding role in the power solutions narrative, including data centers and battery energy storage systems (BESS).The stock is not cheap, and the company has had a challenging time returning to growth since 2022/23. However, in the current market where narratives are driving prices ahead of fundamentals or inflecting catalysts, we recognize a benefit to start tracking stocks earlier than we normally would. If you know me… I am totally ok with more stocks. This week, I recorded a deep dive investor insight Skull Session with Dean Pernas of Pernas Research. They have a really cool investing framework they call “motor investing.”
This week’s Skull Session was a real special one for us. We brought in Dean Pernas, co-founder of Pernas Research, alongside analyst Lukas Milosic (@Pixelresearch_ on X) for what turned into another wide-ranging, genuinely useful conversation we’ve been having on Skull Sessions.
Dean is a chemical engineer by training who spent five or six years at companies like Monsanto, Schlumberger, and Procter & Gamble before making the jump to full-time investing alongside his brother in 2020. Together, they launched Pernas Research in 2023, and what immediately sets them apart is something you don’t see often in the research shop space: a fully audited track record going back to 2017, verified by a third-party auditor.
The returns speak for themselves: multiple years of strong double-digit outperformance, including a 105% year in one of the more productive stretches. They invest their own money, write about what they own, and publish everything transparently.
Well, we added another stock to our Open Forum Focus Model Portfolio during the live Open Forum that took place on Thursday at 11 AM EST. It fits right into our aerospace and defense themes, which have already surfaced a number of multibaggers for our community. We think the stock has near-term double potential, with long-term multibagger potential. You can see the report here.
I also mentioned that Leatt Corp. (OTCQB:LEAT) could have qualified as our favorite stock selection of the month, based on its strong quarterly results. It was really a coin toss.
The COO of Crexendo, Inc. (NASDAQ:CXDO) was additionally brought on to discuss Q1 results and the company’s AI agent products.