Spruce Point Capital
@sprucepointcap
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Activist Inv Manager founded by Ben Axler, Specializing in Forensic Short-Selling. Invest @ Your Own Risk, click on the link below to read our disclaimer
Joined March 2014
I am pleased to announce that on February 18, 2025 Spruce Point Capital Management was ranked #2 in Diligent's 2024 short seller watchlist. cc: @diligentHQ
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I always thought that $IRBT #iRobot was one of the most promotional companies I'd ever seen, but then last night $IPX #IperionX put out a "PUMP" press release that they got an order for a "prototype" (which guarantees practically nothing) more than 1,000 days after claiming a
iperionx.com
CHARLOTTE, N.C., Dec. 15, 2025 (GLOBE NEWSWIRE) — IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce a project with Carver Pump Company (Carver Pump), a leading U.S. manufac...
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Breaking News ! 🎅 $NXXT Institutions Invested: Vanguard, BlackRock. Clients: Amazon, Kroger, over 700 clients Revenue: Nearly $100M YTD revenue. ~300% YoY growth. Price Target $5-6 Possible ROI: Over 250% !!! Santa loves breakouts. Traders love re-ratings. DYOR Ho Ho Ho… let’s
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Please direct any requests for autographed copies of our multiple short reports on $IRBT to our Contact Us page
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Harsh reset of financial realities at $AEG which we wrote about approximately a year ago. Targets were disappointing to say the least and troubles linger in the U.S. where we pinpointed problems.
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What exactly is going on at $UEC the most hyped #uranium stock promotion - third quarter in a row with zero as in $0.0 revenues when each quarter analysts have projected btw $10-$13m of revenues. Why can't they can't seem to sell a single ounce of uranium?
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Titan's book value is $6.5m but that is generous to assume it's even worth that. Maybe time to evaluate for impairment $IPX.
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$IPX and its Project Titan (zircon, ilmenite, and rutile) is not likely to go anywhere given weak end market demand. Look no further than recent commentary at Kenmare Resources ($KMR.LN) a large titanium mineral producer
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It might be time to rethink the narrative that $UEC is a strategically important #uranium player in the U.S. and a candidate for U.S. federal direct investment or another strategic investment by private equity or global miner. Looks like they want to now sell $600M "at the
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Read $IPX #IperionX response and compare with the specific questions we posed. https://t.co/ANJC15Hhxt
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Spruce Point provided specific and detailed questions for $IPX #iperionX to address and to provide clarity about its lofty goals to revolutionize the competitive and oversupplied titanium markets. Instead, we believe its response addresses very little beyond a regurgitation of
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Are these the same acres in Tennessee once controlled by Altair Nanotechnologies (Nasdaq: ALTI) that also failed to commercialize? If so, $IPX is promoting a story that once flopped almost 30yrs ago to a brand new audience. #history #repeats #minerals #tennessee #titanium
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To believe that $IPX > a small company that has gone through THREE names changes (TAO Commodities, Hyperion Metals, IPX) is going to "revolutionize" the 70-year-old titanium production process > you have to believe they discovered a heavily researched process from the Univ of
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This was not what we were hoping to see at $IPX HQ on a site visit. Investor relations materials years old and packages stacked up.
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We are pleased to release a unique report on IperionX (Nasdaq/ASX: $IPX or "The Company"). The report along with its disclaimers are live on our website https://t.co/xHkyI0WMYM - While we understand the remote work trend, we were dismayed on a recent HQ visit to see no one there,
sprucepointcap.com
The firm focuses on short-selling, value, and special situation investment opportunities, conducting in-depth fundamental research and taking an activist approach to investing.
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Who could have predicted? $DKNG sees Adj EBITDA $450-$550 vs $800-$900M exp
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$RELY wiped its website homepage of the customer reviews we criticized in our report. Now it's wiping away shareholder gains.
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