Skip to content

Twin Disc, Inc.

TWIN position long Mario Gabelli

Thesis

Twin Disc is producing a transmission dedicated to fracking, which is a critical component in the shale industry. The stock was at $11, and with approximately 12 million shares, it presents a potential investment opportunity.

Did it work?

worked confidence: high

The long thesis on Twin Disc, based on its fracking-dedicated transmission business, played out decisively: the stock more than doubled, returning +110.2% from the $11 entry price. While no explicit time horizon was stated in the pitch, the magnitude and direction of the gain strongly confirm the investment case. The fracking-driven demand catalyst implied by the thesis is consistent with this substantial appreciation.