Sell Mortimer, Sell!!!

What do I want to say? That's the question that comes into my head every Saturday morning. This newsletter is an opportunity. An opportunity...

Time for Small Cap to Shine?

Small and micro-cap stocks have underperformed the market for quite a while now. Since I started Tailwinds in August of 2016, the Russell 2000...

The Final Push…

Like the debate, 2020 has been a sh**-show. Pandemics, political divisiveness, fires...it's not been a beach party to say the least. Yet, here we stand...

Wrapping Up A Chaotic Week

Markets were very volatile this past week, trading back and forth like a game of ping-pong. There's little doubt in my mind that the...

West Bound and Down

After fortuitously sheltering in place on the east coast for seven weeks, we are heading back for CA this week. We seem to have,...

Ontrak Announces Full Exercise of Overallotment Option in Public Offering of Non-Convertible Preferred Stock

Tailwinds' Take: OnTrak is now fully funded and has the financial capability to grow their team to meet the demand of their clients.  Santa Monica,...

Hello Fall!

What a difference a week makes. Last Saturday I was writing about an epic (for Tailwinds) stretch of performance and salivating over all the...

Shaking Things Up…

One of my investors recently told me that he diversifies his portfolio on his own. The money I manage for him is meant to...

Ontrak Announces Public Offering of Non-Convertible Perpetual Preferred Stock

Tailwinds' Take: Non-dilutive funding! This is another hole in the short thesis as OTRK is now a well-funded company. I expect to see them...

This Week at Tailwinds

Stocks continued to climb the proverbial wall of worry last week, with the S&P briefly managing to touch an all-time high and the Russell...

OnTrak For A Great Year

Telehealth was the all the rage this past week. First The Centers for Medicare & Medicaid Services (CMS) is proposing changes to expand telehealth...

Ontrak Announces 2020 Second Quarter Financial Results

Tailwinds' Take: an inline quarter, which should be more than enough to satisfy skeptics. OTRK is booming and just seems to be getting stronger...

Ontrak, Inc. achieves HITRUST CSF® Certification to Further Mitigate Risk in Third-Party Privacy, Security,...

Santa Monica, CA, July 30, 2020 – Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI and technology-enabled healthcare company, today announced...

Random Thoughts on a Number of Stocks…

There's certainly a lot going on in the world at large right now and none of it seems too good. Covid-19 refuses to go...

Previewing the 2nd Half of 2020…and Other Updates From The Week

Greetings from...wait for it...Ashland Oregon. Yes, it was so good, we came back for more. The weather here is great, the riding is outstanding...

Catasys, Inc. is now Ontrak, Inc.

Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the “Company”), a leading AI-powered and telehealth-enabled, virtualized outpatient healthcare treatment company, today announced that the company will adopt the...

Catasys Announces National Rollout…Here’s What’s Next

Well, we finally got that over with, right? After months of speculation as to when Catasys would finally sign up a client for a...

National Health Plan Expands Catasys’ OnTrak-CI Program Across Their National Medicare Advantage Business

Tailwinds' Take: Catasys has delivered on their stated goal of a national rollout. This announcement, along with the comments about continued strength in enrollment,...

Summer is Coming

When you receive this newsletter, it will be June 21st, the official start of summer. Typically for stocks you have a summer doldrums, "sell...

This Week at Tailwinds…Scratching My Head

Perhaps it's because I've not seen the barber during the pandemic, but the market has me left me scratching my head. Some recent stock...

Three Disruptive Plays…And Other Thoughts From Last Week

The world of micro-cap is full of little stocks with big ideas. It seems like a large number of these companies have no sales,...

June Preview…Plus Much More!

May was another strong month for the market as the stimulus package and expectations for a strong re-opening of the economy kept the rebound...

This Week’s Recap: Skinny Trails, Anixa Looks Primed, Atomera Launching

As most readers know by now, I love mountain biking. It's great exercise and there's a tremendous thrill to hitting a difficult stretch of...

Bada Bing Bada Boom

As if on cue, the market took a turn lower last week. This will be but a quick note on the market, as I'm...

Catasys Expands OnTrak-A Solution with Leading National Health Plan into Arizona

Tailwinds' Take: more geographic expansion as Catasys' OnTrak program drives returns for this insurer. Enrollment momentum continuing and further expansions expected. The future continues...

The Week In Review

The market continues to ignore my bearish calls and, instead, keeps chugging higher. I'm at a loss to explain this, as are most professional...

Catasys Announces 2020 First Quarter Financial Results

Tailwinds' Take: enrollment continues to ramp quickly. Stock remains undervalued relative to the growth rate and level of business when compared to peers. SANTA MONICA,...

The Eye Of The Storm…This Week In Tailwinds’ World

Well, I've been expecting it and it appears that it's here. The market put up one of its best months ever in April, but...

This Week In MicroCap

It was certainly a great week for the market as a number of positive factors contributed to the continuation of what is a very...

Catasys Expands OnTrak-A Solution with Leading National Health Plan into Indiana, Wisconsin, Kentucky and...

Tailwinds' Take: CATS is getting closer to national coverage with Aetna. We are still awaiting a national rollout with another insurance carrier (UNH?), which...

IF Alpha?

My biggest concern last fall was, "what if Bernie gets into office?" This fear was driven partially by the fact that the market would...

In Case You Missed It…Interesting Information From Last Week

Here's an interesting piece of news on Patriot One (PTOTF). If you recall, a little over a year ago, Patriot formed a JV to...

Take a Deep Breath…Updates on the Market and Several Stocks

My Take on The Market This was a good week in the market, which was a welcome relief. We had a big bailout announced by...

Catasys’ Telehealth-Enabled OnTrak™ Programs See Surge in Enrollment and Engagement Amidst COVID-19 Pandemic

Tailwinds' Take: 500 enrollments per week annualizes at $150M in revenue. Numbers for Q1 are going to be beaten and Q2 numbers will have...

There’s Blood In The Streets…

Normally I love my Saturday mornings. This is when I write the weekly newsletter and it gives me a chance to review the prior...

Brandon H. LaVerne Joins Catasys as Chief Financial Officer

Tailwinds' Take: as companies grow, it's natural progression to bring in leaders with experience at larger organizations. LaVerne's background is a natural for the...

It’s Definitely a Beer Market

Sometimes a typo can hit the sweet spot, right? When I got the text that we're entering a beer market...well, let's just say that...

Catasys Announces 2019 Fourth Quarter Financial and Year-end Financial Results

Santa Monica, CA – March 12, 2020 – Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the “Company”), an AI and telehealth enabled, virtualized outpatient healthcare...

Catasys Announces 2019 Fourth Quarter Financial and Year-end Financial Results

•Company Sees No Negative Impact from Coronavirus •Reports Record Enrollment in March 2020 (month to date) •Full Year Revenue of $35.1 Million, Achieving Revenue Guidance and...

Brian Kelly, President of Clinical Healthcare Solutions at Ascend Learning, Joins Catasys in New...

Tailwinds' Take: another solid hire as Catasys is planning on "hundreds of millions in revenue" over the next couple years. SANTA MONICA, Calif.--(BUSINESS WIRE)--Catasys, Inc. (NASDAQ:...

Catasys Expands OnTrak-A Solution with Leading National Health Plan into Colorado, Washington, D.C., Virginia...

Tailwinds' Take: we all know that CATS doesn't incorporate expansions into guidance, so this should give investors more confidence into their large growth expectations...

Thoughts From The Last Week…

Lots going on in Tailwinds' universe recently. Here I recap conversations and observations from the prior week's trading... This screen shot says it all...if Druck...

Artificial Intelligence and the Oscars

It's Oscar week right now and times they are a-changing. Netflix is up for numerous awards as they try to bludgeon their way into...

Slogging Through Winter

I was skiing outside Seattle last weekend. Steven's Pass ski resort, to be precise. They have gotten a lot of snow up there this...

Wasn’t That An Amazing Sunset?

On Thursday this week, as we finished dinner I looked out the window and the sky was on fire. It was quite possibly the...

Early Returns

New Years always brings out the prognosticator in all of us. Everyone likes to predict what the market will do, what sectors will shine...

Visions of 2020

This last week was actually a very good week for the Tailwinds' portfolio. Despite the overall quiet of a holiday week (or maybe because...

Catasys Expands OnTrak-A Solution with Leading National Health Plan into California

Tailwinds' Take: "significantly increasing our outreach pool". That about sums up this press release. Catasys is likely to exceed 2020 guidance and continue expanding...

Several Thoughts On Micro-Cap Stocks I Follow

The market seems took a little hit this week, then bounced back. The net result of which was the wind coming out of the...

Curt Medeiros, President of OPTUM Advanced Data and Analytics at UnitedHealth Group, Joins Catasys...

Tailwinds' Take: Medeiros is a great hire for CATS. His resume is impressive and his experience meshes very well with the future envisioned by...

Deep Fried Turkey

Those who know me well are well aware that Wednesdays are my favorite night of the week. That's the night I go out mountain...

Catasys Appoints Industry Executive Gus Giraldo to Board of Directors

Santa Monica, CA – November 19, 2019 – Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the “Company”), a leading AI and technology-enabled healthcare company, today...

Recapping The Recent Earnings Reports

The last couple weeks have seen a slew of earnings reports and, more importantly, investor update calls from companies in the Tailwinds Universe. Importantly...

Catasys Announces 2019 Third Quarter Financial Results

Tailwinds' Take: Q3 revenue was up over 100% year/year, however guidance for hitting $35 million in 2019 means that Q4 will be up 20%...

Show Me The Money

As the stock market hits new highs on all the major indexes seemingly daily, it appears that the market has moved to a “risk...

Keeping Calm In Stresa

Greetings from Stresa Italy, a gorgeous town on the edge of Lake Maggiore. With great food, excellent wines and friendly people, Italy is always...

CATS Cozies Up To Goldman Sachs

On Tuesday Catasys (CATS) announced that their long-awaited lending partner is none other than Goldman Sachs. We believe this is a very positive development...

Catasys Announces $45 Million Debt Financing Commitment from Goldman Sachs to Support Accelerating Growth

Tailwinds' Take: this is very big news for several reasons. Goldman is a very high quality lender who can obviously get much larger in...

Volatility Creating Opportunity…

I tend to be very much a buy and hold investor. I take positions, add to them as I gain confidence and generally let...

Fall Investor Preview Along With A Belated August Recap

I’ve held off on my August recap much like a war veteran will refrain from telling tales from the trenches. Not that my experiences...

If I Had A Nickel For Every Buying Opportunity…

The path to being a good investor is to be able to see what the future holds and place your bets accordingly. If you...

In Defense of CATS

Shares of Catasys (CATS) are down over 15% as I write this article. Trading at close to $15 a share, the stock has retreated...

Catasys Reports 2019 Second Quarter Financial Results

Tailwinds' Take: solid growth, although shy of the Street forecasts. Guidance, as always, very strong. Conference call will determine near-term direction. Longer-term, things look...

Catasys Expands Partnership with Leading National Health Plan

Tailwinds' Take: this expansion should easily bring their eligible lives to well over 100,000. It also demonstrates that the program is working as Aetna...

Recapping The Week That Was…And Looking Towards Next

This was a very hectic week in the market, with major swings in the indexes and in our universe of smaller companies. Earnings season...

CATS: This Is Bigger Than You Think

Sometimes big news falls on deaf ears. Which, by the way, is one of the reasons I like the micro-cap space. With only a...

Catasys Launches Breakthrough AI Capability to Address Chronic Disease

Tailwinds' Take: this is potentially the most significant announcement in CATS' history. They are using their AI to expand their product line significantly. I...

Catasys Appoints Industry Veteran Rob Rebakto Board of Directors

Los Angeles, CA - July 18, 2019 - Catasys, Inc. (NASDAQ: CATS) ("Catasys" or the "Company"), a leading AI and technology-enabled healthcare company, today...

Catasys Appoints Healthcare Executive Daniel Prewitt as Senior Vice President of Sales

Los Angeles, CA – June 26, 2019 – Catasys, Inc. (NASDAQ: CATS) ("Catasys" or the "Company"), a leading AI and technology-enabled healthcare company, today...

A Shallow Dive From The Deep South

In what is shaping up as a never-ending quest to provide newsletter coverage from anyplace not named "home", this week's letter comes from Raleigh,...

Catasys Adds Canary Health to OnTrak Platform

Los Angeles, CA – June 6, 2019 – Catasys, Inc. (NASDAQ: CATS) ("Catasys" or the "Company"), a leading AI and technology-enabled healthcare company, today...

Markets Trade Down In May…June Preview

I'm not sure why, but it seems that every time I feel the Tailwinds' Portfolio is poised for big gains, the market enters a...

B Riley, Day One

Today was the first day of the B Riley Conference in Los Angeles at the Beverly Hilton, a hotel that has a 60's feel...

Catasys Reports 2019 First Quarter Financial Results

LOS ANGELES Q1 2019 Record Revenue of $6.8 Million, Up 256% Year over Year and Up 21% from Q4 2018 Outreach Pool of Eligible...

Catasys Announces Proprietary Interventions for Treatment of Loneliness Epidemic

Tailwinds' Take: launching into treatment of another disorder demonstrates the potential of the OnTrak platform for horizontal expansion across any behavioral health issue. Catasys...

Catasys Announces Partnership with Circulation and Lyft

Los Angeles, CA - May 8, 2019 - Catasys, Inc. (NASDAQ: CATS) ("Catasys" or the "Company"), a leading AI and technology-enabled healthcare company, today...

Catasys Expands OnTrak-C Solution with Leading National Health Plan

Tailwinds' Take: Centene is expanding coverage, demonstrating the positive impact of OnTrak. Depression and anxiety are much bigger indications than addiction in terms of...

Catasys Expands OnTrak-Ci Solution with Leading National Health Plan’s Eligible Medicare Advantage Members in...

Tailwinds' Take: Cigna continuing expansion is further proof of the effectiveness of OnTrak. CATS is poised to blow away forecasts over the next 12-24...

CATS: The Suicide Squeeze Is On

I'm not a big fan of getting involved in stocks with big short positions. Short sellers, in general, are very smart investors. They do...

Catasys Announces Agreement with Optima Health

Tailwinds' Take: further expansion by an existing customer demonstrates the success of OnTrak. We expect to see Eligible Lives approach 100,000 when CATS reports...

Catasys Appoints Healthcare Industry Leader Carol Murdock to Newly Created Chief Commercial Officer Role

Tailwinds' Take: Carol's background seems ideally suited for this role. Meanwhile this quote, "new level of growth and market expansion", from Terren suggest that...

Catasys Reports 2018 Fourth Quarter and Year-end Financial Results

LOS ANGELES--(BUSINESS WIRE)-- Catasys, Inc. (NASDAQ: CATS), a leading AI and technology-enabled healthcare company, today reported its financial results for the fourth quarter and year ended December...

Catasys Announces Expansion of Debt Financing Agreement to $15 Million

Tailwinds' Take: CATS has been under pressure lately on rumors of an equity financing. This press release disproves that thesis and also should encourage...

LD Micro Recap

This week saw several extraordinary events come together simultaneously. On Tuesday the market dipped to the 4th largest...

What To Put In Your Stockings: December Preview

This weekend we'll be hanging our stockings on the mantel. Come Christmas morning, they'll be lying on the floor, overflowing with presents. At least,...

Catasys; Why It Remains a Top Pick

Catasys (CATS) reported their earnings this week, along with hosting an earnings conference call. I had high expectations going into the call. They were...

Catasys Reports 2018 Third Quarter Financial Results

Q3 2018 Record Billings of $6.3 Million, Up 210% Year over Year and Up 21% from Q2 Q3 2018 Record GAAP Revenue of...

October Review, Earnings Preview

October has a reputation for being a bad month to own stocks. For the current generation of investors, this reputation was earned primarily from...

Catasys Appoints Three Healthcare Executives to Board of Directors

Los Angeles, CA – November 1, 2018 – Catasys, Inc. (NASDAQ: CATS) (“Catasys” or the “Company”), a leading AI and technology-enabled healthcare company, today...

Catasys Announces Signing of Agreement with Capital BlueCross

Tailwinds' Take: while not a huge client, this shows continued execution on the part of Catasys. Expect more of these client announcements going forward...

Catasys…Future’s So Bright

It seems like a long time ago, but it was only last December when I said that Catasys was a “Top Pick for 2018”....

Catasys Announces Expansion of OnTrak-A Solution to Florida and Georgia with Leading National Health...

Tailwinds' Take: continued rollout of OnTrak-A (aka Aetna) demonstrates that the program is working as advertised. We see nothing stopping this continued expansion of...

Catasys Expands OnTrak-A Solution to Iowa and Nebraska with Leading National Health Plan

Tailwinds' Take: we see no reason that OnTrak can't continue its expansion across the whole United States. As this customer, which is likely Aetna,...

Key Takeaways From CATS Earnings

Yesterday Catasys announced earnings and had their quarterly call with investors. This call was of particular importance to me as it really drove home...

Catasys Reports 2018 Second Quarter Financial Results

Tailwinds' Take: an excellent quarter as they are executing on all metrics. More to follow post the conference call. Q2 2018 Record Billings of...

Catasys Appoints Industry Veteran Jeremiah Stone to Newly Created Chief Technology Officer Role

Los Angeles, California–July 18, 2018–Catasys, Inc. (NASDAQ: CATS) ("Catasys" or the "Company"), a leading AI and technology-enabled healthcare company, today announced Jeremiah Stone's appointment...

Previewing Catasys 2nd Quarter…Approaching the Sweet Spot

I get a lot of questions about Catasys, which is my biggest holding. When the stock went up about 150% in the first 6...

Catasys Attracts $10 Million in Debt Financing to Support Accelerating Growth

Tailwinds' Take: very important press release. Not only did they need capital to grow, but this shows they are delivering on their promises. Perhaps...

Catasys Launches OnTrak Solution with Second Largest Health Plan in the Nation

Tailwinds' Take: Anthem is the 2nd largest insurer and California is the biggest market in the country, so major milestone of a launch here....

Highlights From Catasys’ Conference Call

Yesterday, Catasys (CATS) reported Q1 results. The figures reported by CATS were very solid and should be well received by investors. For, while Q4...
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