Aug. 14 at 10:36 PM
$AGPU $3.2M in revenue. The reason it's not
$200 right now isn't because it's not worth
$200, it very much is by every damn FY metric you can measure it by. The reason is, the market punishes severely those that are wrong. If everything they've said is true, no funny business, and they execute, this will moon. They will join the ranks of
$NBIS and
$CRVW. If, however, they post delays, contractual clawbacks, failure to procure GPUs, DC space, power contracts, then the stock may as well be worthless.
The stock is currently priced for the execution risk. Until that risk is drastically mitigated (by, for instance, getting a
$500M prepayment as they said they would, or announcing the arrival of the first 1000 B300s) it's going to stay at these levels, and maybe even drift downward as the algos work out a better price for their masters.
But to be clear I do have my moon boots on. Let's goooooo!