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10baggerbamm : here's the problem with all of the SMR companies
because they don't have revenue or profits even David wrights company that he sits on the board of they're all startup phase momentum stocks.
when the market sells off collapses pick a word you want to use.
the companies that have no revenue go down the farthest the companies that have real revenue real profits cash in the bank those are the ones that recover the quickest.
it's not to say these stocks can't bounce, because if there were to rally in the stock several days and it seems like a lifetime ago that we had such an event... these stocks would bounce several dollars.
but due to the uncertainty of tariffs and by the way the big one hasn't been announced that's Europe you're talking 25 to 30% tariffs coming this whole Market instability is because of Canada and Mexico the GDP of Europe compared to those two countries is a multiple many at times over so the volatility right now is just starting.. if you own these companies and you can sell some calls against your position to lower your cost basis for bringing revenue on a short-term basis I would suggest doing that understanding the risk if we do bounce and the stock closes above that strike you're going to lose it.
I would not be so fast to buy into SMR. NNE that's the only one where the chart is still holding up and it's still bouncing about $1.50 intraday and I see people trading that stock how long that lasts I don't know. oklo, it's broken down that's David Wright's company..
so as a group they're all pre revenue and they were the hopes and dreams to provide the power to all the data centers over the next 5 to 10 years and while that is going to happen from an investment standpoint I would not be adding right now because I think today is going to be another bloodbath and I think the S&P 500 is going to break its last leg of support and it's going to Crater and that's the end game goal of the people that are opposing Trump and Elon Musk they've already cratered the US dollar and now they want to break the S&P 500 support and all the algo programs will go to sell mode and we'll have a bloodbath like you haven't seen in a long time so don't be so quick to deploy capital if you do buy break it up so if you have 10,000 to invest and you're 100% convinced that one particular company is where you want to put your money break it up into four purchases or five purchases because the uncertainty in the stock market is not coming to an end anytime soon Trump kicked the can down the road to April 2nd with regard to Mexico and Canada and Europe is coming that's a huge 25 to 30% tariff on those countries that's going to Crater the US market when that happens