get the $wulf sell-the-news gang out of the way here and things should continue to be okay imo.
Wild reaction to a deal thats worth double their market cap lol.
In an environment where many stocks have seen monster runs over the past 6-12 months, it’s time for a reminder:
The entry is the foundation of every trade.
If you get the entry right you can withstand mistakes in the trade later whether that’s trimming too much, selling a bit too late, etc.
A good entry provides you with a margin of safety and likely low risk. At the end of the day all that matters in trading is managing your risk.
The best time to buy is often when things feel uncertain, not when everyone is excited. Most people only buy when it feels good and the chart is ripping… by then risk is often much higher.
Think about it… if a leading stock comes down from $75, tests major support around $50, and is now sitting at $52, that’s $2–$3 of risk for potentially a much larger move higher.
A 30% decline is a big drop and it never feels good buying when this happens. But that’s the alpha, most aren’t buying there. If you wait until it’s back to $58 you’re now risking $8 instead of $2 or $3.
The entry into a trade is the foundation… everything after that is built on top of it. Trims, stop loss, exit strategy, they all stem from that single decision. A poor entry on the other hand puts you at a major disadvantage.
Nail the entry and chances of success go up exponentially.
Today, TeraWulf announced two strategic transactions that significantly advance our AI infrastructure strategy:
👉 A 20-year lease with @AnthropicAI at our Justified Data Campus
👉 The sale of our 50.1% ownership interest in the Abernathy Joint Venture to an investor group led by @fluidstack
Together, these transactions create long-duration contracted revenue, recycle capital into wholly owned AI infrastructure, and further align our business around owning and operating the critical infrastructure that powers AI.
Keep reading 👇
I’ve noticed posting about my trades really adds an unnecessary distraction and clouds my judgement.
Even telling other people about what I’m doing hurts my performance
I personally work better in a vacuum.
Anyone else?
Dario Amodei, CEO of Anthropic in a recent interview:
“I think biotech is about to have a renaissance driven by AI. My instinct is we’re about to cure a lot of diseases.”
AI healthcare is going to be a massive theme.
$ABCL $RXRX $TEM and others stand to benefit.
entered a swing: $MITK
Digital ID verification using AI.
$14.87 cost.
Earnings turnaround in progress imo
Volume and chart = nice.
TP at $23 ish.
Lets ball 🏀
BIG infrastructure expansion for $WULF 🐺
TeraWulf just acquired the 1+ GW Eastern Kentucky HPC Campus, “Muskie Data” — further expanding its growing AI & HPC infrastructure platform.
Here’s what you need to know…
BREAKING:
SpaceX targets June 12 IPO on Nasdaq under $SPCX at $1.75T valuation.
Musk holds 85.1% voting power as CEO, CTO, and Chairman.
Q1 revenue hits $4.69B with $4.28B net loss
24 years old.
Fully paid off Costco hotdog.
It's not "parents money".
It's not luck.
It's consistency.
It's discipline.
I grind EVERYDAY to live this lifestyle.
Opening up a small position. something caught my eye on the volume tape: $UAN
- Chart looks macro good
- Relative volume high
- P/E = 11.34
- Carl Icahn's 4th biggest holding
$94.33 cost basis. mkt cap just under $1b. Dividend payment next month at 9.63%.
Lets ball.
Markets bottom on bearish news and top on bullish news. This is why everyone misses them, they think the market will give them signs to sell at the top and think it'll start looking good at bottoms. Nope, true bottoms are ugly and tops look beautiful.
entered a swing: $MITK
Digital ID verification using AI.
$14.87 cost.
Earnings turnaround in progress imo
Volume and chart = nice.
TP at $23 ish.
Lets ball 🏀