$NANO Nuclear Energy (NNE.US)$ look at the sell 173,000 shar...
$NANO Nuclear Energy (NNE.US)$ look at the sell 173,000 shares sell.. wow. people are looking to take their money and run at this point.
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Rhiox : probably because the bullish signals aren't so bullish now.
10baggerbamm OP Rhiox : probably because not a single one of these fucking companies have revenue..
snowbuggy : Don’t sell I think
Moo mom 10baggerbamm OP : More innovation and research then anything else really they have big investors so making profit isn’t much of a point until some years pass, that’s how I’m basing it anyways. Goodluck trading!!
10baggerbamm OP Moo mom : it's not even a matter of profits it's zero revenue they are exactly 100% identical to the.com stocks that crashed in 1999. they're trading at current levels with valuations four and five years forward at 20 times revenues that's exactly where the coms were that crashed that's what was happening then so when people talk about a bubble this is your bubble your uranium companies pre revenue no product no service just people kicking ideas around that release the news announcement to get the stock to go up 20% 30% and the news is bullshit
72993459 : NNE will go down, but it will definitely go back up. There is a huge market for this company if you haven't listened to nvidia's news that came out yesterday about their future plans on their data centers. I think micro nuclear energy is definitely one of the key answers to all the HP data centers and all the computing power, so say what you will. This company has a huge future ahead of it.
10baggerbamm OP 72993459 : I'm not saying that you're not right what I'm saying is is that these companies are egregiously overvalued all of them. most are pre-revenue they have nothing to sell today they've not put a shovel in the ground they have no orders. and the hairs on the back of my neck are standing up because I lived through the com crash and these companies are exactly the same as the .coms
the.coms were being priced at 20 to 25 times forward revenues 3 to 5 years down the road in the future. so they haven't generated shit for revenue and you're valuing them for what they potentially might maybe probably hopefully will do 3 to 5 years down the road best case scenario without any hurdles obstructions or problems getting into their way.
nuclear regulatory commission is an enormous hurdle for every one of these companies EPA enormous hurdle for every one of these companies and those are years for approval they're almost as bad as FDA for a drug being approved.. now maybe if Trump wins there will be a fast track or a way to remove this restrictive regulation which Elon Musk talked about just about the extensive amount of rules and regulations that are in place that make it very difficult for a business to grow.
10baggerbamm OP 72993459 : pt 2
but these companies have become a momentum play and the reality is you could create one of these companies tomorrow come up with a business name get a tax ID number through the IRS file with your local Secretary of State corporation division and you're in business and just say that you are going to design a small portable nuclear energy generation to satisfy the needs of data centers that don't have full energy capacity. and then find someone that has a shell company reverse merge with that shell company and now you're publicly traded. pump out some news that you're applying for approval of some of your designs that are done on a napkin with a pencil make some phone calls to some hyperscalers leave messages say you're in talks with large hyperscalers and your stock will go through the roof and you're rich.