$Oklo Inc (OKLO.US)$ back in the '80s they were called blind...
$Oklo Inc(OKLO.US$ back in the '80s they were called blind pools now they're blank check companies or spacs. it was the riskiest type of investing there was you're basically in trusting somebody else to go try to find a company and merge it into their shell which is already trading and jump started by getting a lot of interest and try to get the stock price up. I'm really surprised that Sam Altman went this way I mean this certainly doesn't bode well what are your thoughts?
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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10baggerbammOP : I'm listening to Jacob DeWitte who's the CEO of Oklo, you saying they hope to bring the first plant online 2027.. so you got a shell company here with zero revenue for the next three plus years and a regulatory nightmare you can't build an addition to your house in some areas because of a turtle that crosses over to lay eggs in the muddy stream adjacent to your property but this guy is going to build a nuclear plant okay now I know why it's crashing
Mr Dumb Money : Yer DJT is trading at mid 50’s. This country’s market is shit and people wonder why it’s so bad
10baggerbammOP : several years ago the same group tried to get a license to build a power plant and they were shot down at the very first stage so the reality is they face an enormous headwind the stock is going to move based off of the application process certainly not on revenue and to me that's like putting around in the chamber playing Russian roulette and celebrating that you didn't blow your brains out this time around because every time you spin it you have that chance. quite frankly Bitcoin in my opinion represents far less risk relative to reward then this company.