Inversenda

Not financial advice.

[Inversenda @inversenda]

$SRFM $TMC

[Inversenda @inversenda]

Two price tags in Constellation's Q3 release:

New nuclear MW for Google: ~$4,800/kW ($4.3B+ for ~890 MW of uprates)
An existing gas plant in Rhode Island: ~$1,170/kW ($715M for 609 MW)

Here, new nuclear cost ~4x per kW.

I sold my $CEG this month.

[Inversenda @inversenda]

Mid-December is a real date for $TMC, but read the 8-K closely.

NOAA will decide whether to certify the application. Not whether to grant the license and permit.

After certification: an environmental impact statement, more public comment, then final terms.

I own $TMC.

[Inversenda @inversenda]

@KobeissiLetter One catch for tomorrow's CPI (8:30 ET): it measures October.

EIA weekly gasoline prices averaged ~$4.31 in October, slightly below September but +41% vs October 2025.

Today's oil drop only shows up in the Dec 10 report. September CPI: 3.7% y/y, energy +20.4%.

[Inversenda @inversenda]

@zerohedge This is the pipe that matters most while Hormuz is shut.

East-West to Yanbu is the biggest bypass: 5M b/d capacity, 7M with Aramco's 2019 conversion (EIA). Bloomberg reported it hit 7M in March. Hormuz moved ~20M b/d in 2024.

SPA says operations are unaffected.

[Inversenda @inversenda]

@financialjuice For scale: the SPR peaked at 726.6M barrels in Jan 2010 (EIA weekly data). At ~280M it's down ~61% from there.

The last time it sat this low was October 1982 (278.7M).

And Hormuz is still effectively closed, so the cushion keeps shrinking mid-crisis.

[Inversenda @inversenda]

@giadotai opus

[Inversenda @inversenda]

deploy FABLE 5.5

[Inversenda @inversenda]

@pen604 maybe

[Inversenda @inversenda]

$SRFM It hurts but im out for the moment I reduced 80 percent of my position down a couple thousands, but is time to quit. Dont try to catch a falling knife.

[Inversenda @inversenda]

NuScale, $SMR, booked $281K of revenue in Q3.

It also raised $984M selling stock this year, and its Class A share count is up 29% since December.

$1.9B of cash and investments buys time. It doesn't replace a signed TVA deal.

[Inversenda @inversenda]

Moderna, $MRNA, raised its year-end cash guide to $8.1B-$8.3B, from $4.7B-$5.2B.

The fine print: $2.6B of it came from convertible notes sold in September.

The quarter was strong anyway: revenue $1.31B, +29%, and a $162M profit.

[Inversenda @inversenda]

@KobeissiLetter Context: 4 days ago Oracle priced $10B of new stock at $116 and $10B of notes at 7.00% to 8.65%.

That's ~$777M a year of new interest on the notes alone, locked in days before Bloomberg reported Microsoft pulling back.

$ORCL is still below the $116 deal price.

[Inversenda @inversenda]

@WatcherGuru SpaceX's Q3 report: $14.58B in revenue, +161% y/y. NASA's FY2026 budget: ~$24.4B.

Beating it in a single quarter needs at least +67% q/q in Q4.

The AI segment (now "SI", with Cursor since Aug) did $7.56B, 52% of revenue, from $813M a year ago.

[Inversenda @inversenda]

$CEG Looks good

[Inversenda @inversenda]

I’m starting to buy $VST

[Inversenda @inversenda]

@therealp_god I did the same and the momento I sold +14% hahaha I guess is not for me

[Inversenda @inversenda]

$SRFM's loss per share "improved" from $0.64 to $0.16.

Most of that is dilution. Average shares went from 42M to 125M. At last year's count, the Q3 loss would be about $0.48 a share.

Cash: $10.7M.

I own $SRFM. I won't pretend that's fine.

[Inversenda @inversenda]

$SRFM Q3 had one change that matters more than the record revenue.

Surf On Demand (private charter): $19M, +121% YoY. It's now bigger than the airline.

And the airline itself posted positive adjusted EBITDA: $1.2M.

The mix is moving the right way.

[Inversenda @inversenda]

$SRFM has $10.7M in cash and a going concern warning. ‼️

The 10-Q still shows:

$650K a year, plus up to $350K bonus, for a board observer's firm

$1.7M booked for the ex-CFO's exit

A co-founder's firm got its warrant repriced to $0.01