titan

Build or die (dont die)
$RKLB $VST $NBIS $NVTS $MU

[titan @MasterScaler91]

@creatine_cycle tfti

[titan @MasterScaler91]

@elonmusk @MerlinAero

[titan @MasterScaler91]

@KaceeRAllen Not latest generation ones

[titan @MasterScaler91]

@stoic_point @ShawarmaCapital @CajVirta The market has become so manipulated it’s hard to see signal from noise

[titan @MasterScaler91]

@stoic_point @ShawarmaCapital @CajVirta Whoever their CFO was really didn’t do their homework or was naive

[titan @MasterScaler91]

@ShawarmaCapital @CajVirta @stoic_point Is this true? Hmm

[titan @MasterScaler91]

@ShawarmaCapital Ha. I mean sure but you can imagine how long the wait will be for that. Unless you remove a pilot which I assume is going to be very hard for regulators to stomach

[titan @MasterScaler91]

@ShawarmaCapital That’s the issue. I think your argument is price action is terrible for mechanical reasons

What if it’s people discounting probability of success?

[titan @MasterScaler91]

@ke0in @ShawarmaCapital It’s a question I ask myself every day.

I expect the leadership at Merlin to acknowledge the carnage and provide some (any?) reassurance but they are not

Even simply being more active on X can help

[titan @MasterScaler91]

@ShawarmaCapital @CajVirta @stoic_point They do have revenue concentration risk, compounding investor concern which can accelerate downward moves

[titan @MasterScaler91]

@ShawarmaCapital @CajVirta @stoic_point But I am questioning the leadership at Merlin who allowed an investor base and financing structure so horrendous that price action like this is possible

[titan @MasterScaler91]

@ShawarmaCapital @CajVirta @stoic_point Haven’t sold yet

[titan @MasterScaler91]

@ShawarmaCapital Logical bear case, the IDIQ from their one customer simply does not materialize into task orders. Happens all the time.

[titan @MasterScaler91]

@ShawarmaCapital They have one real customer only (today) who has all the leverage

[titan @MasterScaler91]

@ShawarmaCapital Many products work but don’t get the revenues they desire

[titan @MasterScaler91]

@ShawarmaCapital @CajVirta @stoic_point It’s priced in? Was that the case at $8 or $7 or $5 or $4 or $3?

[titan @MasterScaler91]

@ShawarmaCapital @CajVirta @stoic_point But at this lockup expiry there will be even more shares unlocked to sell or short!

Nobody talks about this! It’s not like this is a purely positive event

[titan @MasterScaler91]

@Million_Sancet Check again