$CCIV @LucidMotors Today's gains on CCIV. Holding until the rumour becomes news and beyond. One of the most promising swings of this year and its only February. Shout out to @alexcutler247 and his perseverance on this.
Jet AI Plugs into Alberta’s AI Boom with Investment in 200MW+ Natural Gas Powered Data Center $JTAI
Natural Gas-Powered Data Center Development in Canada’s Data Center Friendly, Energy-Rich, Province
Read Press Release: https://t.co/ecXA3Ku44G
$JTAI owns lower valuation SPACEX shares - no move yet tiny float etc etc and loaded with shorts Space stocks on feugo today this one lagging - chasers over $8 imo on this chart
@VernonBoonBTC When will they announce the merger vote results? I’m in full position as well as there’s so much catalyst and risk reward ratio is good. The whole setup is good.
Today will be a pivotal day for $JTAI
Mike Winston has announced a share buyback program of up to $5 million, which is about half of the current outstanding shares of the company.
This follows the announcement that their Data Center project in Canada has moved closer to securing the needed power and their JV partner executing on the transfer of the Maritime facility to the JV.
All of these are key developments @JetAIinc
However whether this will mark the total destruction of shareholder trust or a rebuild of the management team’s ability to run this company will play out today and tomorrow.
If Winston pauses ATM sells for the stock to recover to fair value without damaging shareholder value further, he’ll have taken active steps in the interest of shareholders.
If he pursues further dilution while publicly claiming the opposite, he will have achieved a total destruction of shareholder trust.
This is the deciding day and week for Winston. I’ll be watching on concrete steps.
PS. This also happens at a critical time, not far from the nomination window of a new board of directors for $JTAI.
@boogeymantradez Whats your price target?
Because half of me wants out at .25
But the other half wants to keep buying until JTAI and AIIA go through with the SPAC acquisition. I think their JV partner Consensus Core makes for a good target.