Target Hospitality (NASDAQ: TH ) may be likely to see a take-private deal at $10.80/share or better, and the currently very strong balance sheet may create paths for additional leverage and potentially additional equity value. However, there are some risks fromValue-oriented ideas and special situations, generally mid/small cap. Also, orphaned and unfashionable investment ideas, ideally with a catalyst and the prospect of asymmetric upside/downside payoffs. Contrarian tendencies. To some extent I'll go anyw ...