December 02, 2022
Ballantyne Strong is a holding company owning subsidiaries and investments engaged in several diverse business activities. From Seeking Alpha:
I have seen many discussion on Ballantyne Strong (BTN) via Twitter and other various blogs but haven’t come across and updated thesis so here we go:
The theme that will keep being driven home throughout the write-up is a saying that is far too overused: “head we win, tails we don’t lose much” – or to put it in “fa-nance” terms: “downside protection with upside optionality.”
Almost every asset owned by Ballantyne Strong seems priced for a downside or worst case scenario…
Read the full analysis from Whit Huguley at Seeking Alpha.
