Added to YB: 2025-04-21
Pitch date: 2025-04-16
LOGC [bullish]
ContextLogic Inc.
+11.03%
current return
Author Info
No bio for this author
Company Info
ContextLogic Inc. does not have significant operations. It focuses on identifying, evaluating, and executing strategic opportunities.
Market Cap
$208.1M
Pitch Price
$6.71
Price Target
18.00 (+142%)
Dividend
N/A
EV/EBITDA
-1.93
P/E
-10.21
EV/Sales
8.73
Sector
Broadline Retail
Category
turnaround
A $173M Microcap Sitting on $225M Cash and $2.8B in Federal NOLs - ContextLogic Inc.
LOGC: Tax-focused turnaround at $6-7 w/ $5-6/sh cash floor. $2.8B NOL shield worth ~$567M potential tax savings. BC Partners added $150M cash+expertise. New CEO incentivized w/ $21 price target. Recent Nasdaq delisting threat adds urgency. Bull: NOL deal could yield $18+/sh. Bear: delisting risk, expiring NOLs. Target: $21.
Read full article (20 min)