Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (9 issues)
Down 4.29% to $3.57 on a triple hit: senators sic the FTC on hidden delivery fees, Uber's CEO quits the board, and Grab's own CEO sells 800k shares. Patience expired on a listless small cap with no stop structure — closing the long, out.
Down 2.4% to $3.73 as the Southeast Asia name shrinks with the risk-off — the story holds but patience is metering; holding
Up 0.5% to $3.82 — the Southeast Asia name quietly compounds; holding
Up 0.3% to $3.94 — Southeast Asia's story has nothing to do with Hormuz; quietly holding
Up 1.3% with bids intact after a +19% month; the Southeast Asia story quietly walks its own road — holding
Up 1.8%, back above the 20-day; healthy consolidation after a +16.5% month for the super-app — holding
Down 3.1% toward the 20-day ($3.60); one volatile day doesn't rewrite the Southeast Asia super-app thesis, holding
+2.1%, long +2.1%; the SE Asia super-app holds its MAs, keep it
-1.3% SE Asia super-app, +7% week; revenue +22%, above its MAs