Ragnarok Research
Publishing trade ideas, both long-short and quant trading. Not to be taken as investment advice. The publication is operated by a team of 17-year-olds.
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- Sep 10, 2026
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Thirty Years of Nothing: Our suggestions to fix the egregious Governance concerns at TransAct Technologies(TACT) and to drive shareholder value (opens the original)
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Executive SummaryTransAct Technologies(TACT) IPO’ed on the capital markets on August 22nd, 1996. Thirty years later, the shares of TACT trade at roughly $5/sh, below levels the stock reached in the late 1990s. A shareholder who invested in 1996 and held for three decades has, in share-price terms, essentially nothing to show for it.<a class="image-link image2 is-viewable-img" href="https://substackcdn.com/image/fetch/$s_!0hyB!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-m
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