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Investment Strategies / Interesting Microcaps
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Author: Bankman007   😊 😞
Number: of 46 
Subject: Bridger Aerospace BAER
Date: 06/07/2023 8:02 PM
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A buddy of mine found this the day it went public and I bought some shares shortly thereafter. Just seems like an interesting story and I wanted to be a part of it.

https://ir.bridgeraerospace.com/

Essentially they are an Aerial Firefighting business that contracts with Federal and local governments to put out forest fires.

They went public through a merger with a SPAC and are run by a former Navy Seal Officer. Stock has started to come back, around $8.50 today. There are Warrants (BAERW) that exercise around 10.50(cant remember exact number now). And trade for around .35 right now.

They are currently fighting the fire in New Brunswick Canada now. I think growth will come from expanding the number of aircraft, but more importantly moving aircraft around the world as seasonal needs arise. I think this will be a huge source for growth. They also have some software they are building and I suppose they'll license it as they build out their database. Time will tell.

IMHO its worth checking out the website.

Best,
Chris
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