Letmo Research

Research

Research Reports

Complete investment research records, preserving the original analysis, data, calculations, and how our judgment changes over time.

Core · Val. Short

Last updated SPCX - SpaceX

The Space Data Center Is a Story Told Without Sincerity

Core · Zero Short

Last updated TMC - The Metals Company

The Core Problem with Deep-Sea Mining Is Not the Permit, but Technology and Commercial Cost

Core · Zero Short

Last updated QBTS - D-Wave Quantum

Quantum Computing Will Not Replace Classical Computing

Probe · Zero ShortPro

Last updated EVTL - Vertical Aerospace

An Electric Vertical Take-Off and Landing Passenger Aircraft

Paid In-Depth Research BiotechResearch

Last updated TXG - 10x Genomics

The Single-Cell Standard, Priced in Advance for Atera

Core · Pair Trade A

Last updated ASST - Strive

The Leveraged Bitcoin Business Model Is Worth Nothing, The Premium Has To Compress

Normal · Zero ShortPro

Last updated FRMI - Fermi

The Business Model May Work, This Company Most Likely Will Not

Normal · Zero ShortPro

Last updated PCT - Purecycle Technologies

A Green Business Whose Numbers Do Not Add Up Has a Hard Time Succeeding Now

Normal · Zero ShortPro

Last updated PLUG - Plug Power

Real Product, Real Demand, Unit Economics That Do Not Add Up

Core · Val. Short

Last updated TSLA - Tesla

Revenue Growth Has Stalled, Earnings Keep Shrinking, and the PE Is Still Absurdly High

Paid In-Depth Research BiotechResearch

Last updated PACB - Pacific Biosciences

Long Reads Won the Technology, Not Yet the Business

Paid In-Depth Research BiotechResearch

Last updated BNGO - Bionano Genomics

A Real Technology Whose Window Sequencing Is Slowly Closing