Slav

📈 Growth stocks + options
⚡ AI infrastructure | $IREN $NBIS
🧠 My trades, research & occasionally terrible predictions

[Slav @SlavMarkets]

@Hodlon41moreday We're going to the moon now.

[Slav @SlavMarkets]

🚨 $IREN HAS A MASSIVE SHORT SELLING PROBLEM. LET’S TALK ABOUT IT.

Ever wonder why the NASDAQ can have a huge green day while $IREN struggles to move, or even finishes red?

Look at the short interest.

📉 94.7 MILLION shares sold short.
📉 Roughly 27% of the float.
📉 Short positions up ~13 MILLION shares since September 30.

And now we’re seeing reports of Citrini Research shifting its short bet from $NBIS to $IREN.

Here’s what people need to understand:

Short sellers borrow shares and sell them, betting on lower prices. When new short selling is aggressive, it adds supply that buyers must absorb.

That means even when the broader market rallies, heavily shorted stocks can struggle to participate.

But shorts aren’t the ONLY reason $IREN is weak. Concerns around financing, dilution and execution also influence whether institutions want to buy.

What $IREN desperately needs is sustained institutional buying.

Not just retail traders buying the dip. We need serious capital coming in, absorbing selling pressure and changing market sentiment.

And here’s the interesting part: those 94.7 million shorted shares eventually need to be bought back, unless positions are otherwise closed.

If institutional demand returns and the stock starts climbing, short covering could add fuel to the rally.

Until then, even good news might not be enough.

$IREN bulls, what catalyst finally brings the big money back?

[Slav @SlavMarkets]

@vegardnitro It's a good question. I think quite a few could be hedges against it.

[Slav @SlavMarkets]

@BitmanSol2 Ask a fortune teller.

[Slav @SlavMarkets]

🚨 $IREN BULLS, WHERE IS THE ANTHROPIC ANNOUNCEMENT?!

Anthropic launched its IPO roadshow TODAY.

Back in October, reports claimed Anthropic had signed a multiyear cloud deal with $IREN.

IREN just reported earnings on Nov 5. The earnings quiet period should be behind us.

Yet STILL no official confirmation. No joint PR. No naming of the mystery AI customer.

What exactly are we waiting for here?!

Is this an NDA situation, IPO-related restrictions, or something else?

Thoughts? 👀

[Slav @SlavMarkets]

@TLawrence1935 Need institutions to buy

[Slav @SlavMarkets]

@cGmC11 How do you know?

[Slav @SlavMarkets]

$IREN's relative weakness compared to the rest of the neocloud sector is becoming hard to ignore.

Monday: -1.06% despite a strong market.

Tuesday: -7.85%, one of the hardest-hit names in the sector.

Wednesday: +5.63%, but still lagging peers as $CRWV earnings sparked a broader neocloud rally.

What's interesting is that IREN just reported $200M in quarterly AI Cloud revenue (+182% QoQ), a $20.3B backlog, and over $4B in contracted ARR.

Is the market still punishing IREN for the delayed ARR ramp into early 2027? Concerns around execution and financing? Or is this simply persistent selling pressure?

Three consecutive sessions of relative weakness shouldn't be ignored.

At what point does $IREN start trading in line with its peers again?

[Slav @SlavMarkets]

🚨 $IREN SHORTS ARE RUNNING THE SHOW RIGHT NOW.

Look at today’s neocloud rally:

🟢 $CRWV +18.9%
🟢 $NBIS +14.3%
🟢 $IREN +4.9%

Normally, you’d expect $IREN to be right up there with the other two on a day like this.

Instead, every rally seems to get sold into. Buyers push it higher, selling pressure comes in, and momentum fades.

With nearly 27% of the float reportedly sold short, it’s hard to ignore the pressure.

We need BIG institutional buyers to step in and absorb that supply. Until then, $IREN could keep lagging even on massive sector-wide green days.

The question is, what finally breaks this cycle?

[Slav @SlavMarkets]

$IREN investors need to pay close attention to what's unfolding at $NVDA.

The WSJ is reporting that NVIDIA's board is preparing to oust Jensen Huang.

This matters for IREN more than some might realize.

NVIDIA isn't just a GPU supplier. It's also tied to IREN through:

• A $3.4B, 5-year AI Cloud contract
• A strategic partnership targeting up to 5GW of AI infrastructure
• Rights to invest up to $2.1B in IREN at $70/share, subject to conditions

Short term, I'm bearish on the uncertainty. IREN has already been underperforming its neocloud peers, and another wave of selling across the AI sector is the last thing it needs.
Long term, I'm more optimistic.

NVIDIA's demand for compute, IREN's power infrastructure, and its contracted revenue backlog don't suddenly disappear if Huang leaves.

The real question is whether a new NVIDIA leadership team would maintain the same aggressive partnership and investment strategy.

My expectation? More volatility until there's clarity, followed by a market increasingly focused on execution, financing, and actual revenue generation.

IREN has over $20B in backlog. The next challenge is proving it can deliver.

Jensen may have helped build the partnership, but IREN's future needs to be bigger than one CEO.

Bullish long term, cautious short term.

$IREN $NVDA

[*Walter Bloomberg @DeItaone]

$NVDA - *JENSEN HUANG SAID TO HAVE HAD RELATIONSHIP WITH NVIDIA EXEC:NYT

*HUANG SAID TO HAVE RELATIONSHIP WITH VP AT NVIDIA: NYT

[Slav @SlavMarkets]

@StanNRGY @benoitz @valerijatrades1 Yep

[Slav @SlavMarkets]

@valerijatrades1 @benoitz You’re not a really good investor if this price action is making you want to sell, lol

[Slav @SlavMarkets]

@benoitz @valerijatrades1 NBIS has earnings in the AM.

[Slav @SlavMarkets]

🚨 $IREN SHORTS ARE RUNNING THE SHOW RIGHT NOW.

Look at today’s neocloud rally:

🟢 $CRWV +18.9%
🟢 $NBIS +14.3%
🟢 $IREN +4.9%

Normally, you’d expect $IREN to be right up there with the other two on a day like this.

Instead, every rally seems to get sold into. Buyers push it higher, selling pressure comes in, and momentum fades.

With nearly 27% of the float reportedly sold short, it’s hard to ignore the pressure.

We need BIG institutional buyers to step in and absorb that supply. Until then, $IREN could keep lagging even on massive sector-wide green days.

The question is, what finally breaks this cycle?

[Slav @SlavMarkets]

🚨 $IREN HAS A MASSIVE SHORT SELLING PROBLEM. LET’S TALK ABOUT IT.

Ever wonder why the NASDAQ can have a huge green day while $IREN struggles to move, or even finishes red?

Look at the short interest.

📉 94.7 MILLION shares sold short.
📉 Roughly 27% of the float.
📉 Short positions up ~13 MILLION shares since September 30.

And now we’re seeing reports of Citrini Research shifting its short bet from $NBIS to $IREN.

Here’s what people need to understand:

Short sellers borrow shares and sell them, betting on lower prices. When new short selling is aggressive, it adds supply that buyers must absorb.

That means even when the broader market rallies, heavily shorted stocks can struggle to participate.

But shorts aren’t the ONLY reason $IREN is weak. Concerns around financing, dilution and execution also influence whether institutions want to buy.

What $IREN desperately needs is sustained institutional buying.

Not just retail traders buying the dip. We need serious capital coming in, absorbing selling pressure and changing market sentiment.

And here’s the interesting part: those 94.7 million shorted shares eventually need to be bought back, unless positions are otherwise closed.

If institutional demand returns and the stock starts climbing, short covering could add fuel to the rally.

Until then, even good news might not be enough.

$IREN bulls, what catalyst finally brings the big money back?

[Slav @SlavMarkets]

@datacentrebull Need more buyers

[Slav @SlavMarkets]

@JohnSmithb1ds U went viral

[Slav @SlavMarkets]

@ericjackson Are you getting sued yet for making a lot of people lose money on $OPEN?

[Slav @SlavMarkets]

$CRWV BEAT. START YOUR ENGINES. $NBIS next

[Slav @SlavMarkets]

@Ze1ooooo Getting absolutely killed on IREN

[Slav @SlavMarkets]

@datacentrebull Probably in the $15-25 range