Hidden Gems Investing

Hidden Gems Investing

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Hidden Gems Investing
Hidden Gems Investing
Update on ContextLogic

Update on ContextLogic

$6.7 stock with $6.7 in cash and $10-15 in total intrinsic value

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Chris Waller
Jul 01, 2025
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Hidden Gems Investing
Hidden Gems Investing
Update on ContextLogic
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  • Hidden Gems Investing will publish a new Special Report this month. Upgrade to paid to make sure you receive it.

  • Don’t forget to read the recent Update on TerraVest and Special Report on XPEL.

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Hidden Gems Investing publishes an update on the first Tuesday of every month. Since we are well out of earnings season I thought what would be most useful is to bring you up to date on what I believe is currently the most attractive risk/reward profiled on the newsletter, and the best questions I have received about it.

ContextLogic has no operations, $6.7/shr in cash, and Net Operating Losses worth up to a theoretical $13.4/shr. The stock trades at the cash value of $6.7 and in my view the company is likely to make an acquisition over the next six months that acts as a catalyst to monetize the NOLs.

Part of the reason this opportunity exists is technical: ContextLogic has no operations and so the stock was recently delisted from the NASDAQ to the OTC, which led to forced selling. The delisting will not hinder ContextLogic’s acquisition catalyst in my view and the company will simply uplist post acquisition. Investors now have an opportunity to buy the stock before that.

I have prepared a presentation and slide-by-slide discussion below, but you can download the presentation in full here if you prefer:

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