🦕 The Dinosaur
Issue 10
Old-Fashioned Stock-Picking for Modern Markets
March 8, 2026
From the Editor
PLEASE NOTE:
A) Any discussions or information shared in this conversation about stocks or potential trades are for informational purposes only and should not be construed as investment advice.
B) Before making investment decisions, individuals are responsible for their own research and consulting with a qualified financial advisor.
C) We, or our affiliates, may have positions in the stocks mentioned, potentially influencing our opinion.
D) You should not buy equities unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
I’m writing this on Sunday night, March 8. West Texas Intermediate oil was up more than 12% on Friday and 35% for the week. Everyone seems to be bracing for a market swoon tomorrow—one that this Dr. Doom was looking for on Friday. If it happens, the blame will of course be directed at Middle East tensions. In reality, though, that would simply be an “excuse” for a very overbought and overvalued market to correct, not the real reason.
We cited mass complacency last month and hope you took heed and moved some dough into Dinosaur undervalued names. BW, DOCN, INTT, KMT, MTRN, MTX, and TWIN have been outperformers. DOCN is now arguably fairly valued, although it remains quite cheap compared to still-silly industry peer valuations, which have indeed begun to come closer to earth. BW looks overbought. INTT has a lot of room to run relative to TER—unless you think the world is ending—and looks cheap on an absolute basis anyway. KMT, MTRN, MTX, and TWIN remain solid industrial plays, especially in any kind of “Trumped-up” economy.
ACNT, BWEN, HURC, SSYS, and XRAY disappointed, but SSYS still looks inevitably higher as volume 3D printing takes hold in the military complex. MTEK, the tiny Israeli drone play, popped to $3 and then dropped right back to $1.65 on news of a production deal and a below-market capital raise. We’ve fielded lots of inquiries about this turd, but “they” could take this over $10 overnight on a decent announcement with some real teeth.
Warren Buffett often said his favorite holding period was forever, but I just gotta add that if there was ever a good time to sell the stocks of large U.S. military companies, it’s probably today—or soon. If they are buys based on tensions escalating much further, you might ask yourself what’s really going to matter anyway.
In Closing
The Dinosaur doesn’t roar, it rumbles quietly, patiently, confidently. When the tide turns—as it always does—those who held to discipline, valuation, and patience will be well rewarded.
Until next time,
—The Editor
