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Names we studied and passed on — the thesis we wrote, and how each has performed since we last updated our view, next to SPY and QQQM over the same window so you can see whether it beat the benchmarks. We track what we skip, not just what we own.

NameStatusLast updatedReturn sinceSPYQQQMMax returnMax loss
▸AMSCAmerican Superconductor Corporation
—Jun 23, 2026-22.5%+5.3%+1.4%+0.0%-36.0%
▸ERIIEnergy Recovery, Inc.
—Jun 18, 2026-17.4%+3.4%-2.1%+0.0%-18.1%
▸LULULululemon Athletica Inc
—Jun 16, 2026+4.7%+3.0%-0.9%+11.3%-8.7%
▸OPTXSyntec Optics Holdings Inc
—Jun 16, 2026-23.6%+3.0%-0.9%+13.1%-48.4%
▸BKBMFBlack Bear Mine
—Jun 15, 2026-7.1%+2.3%-2.7%+0.0%-32.7%
▸EOSEEOS Energy
—Jun 15, 2026-33.5%+2.3%-2.7%+19.9%-50.8%
▸XPELXpel Inc
—Jun 15, 2026+7.8%+2.3%-2.7%+10.5%-6.7%
AAOIApplied Optoelectronics Inc
—Jun 13, 2026-27.9%+2.3%-2.7%+0.0%-60.0%

For informational purposes only — not investment advice. Returns are measured from the date we last updated our view to the latest available price and may lag the live market. The SPY and QQQM columns are the total return of each benchmark over that same window.