Luca Perosconi

on a long journey to break free..small cap trader&adviser.

[Luca Perosconi @perosconi]

$SMR longs wish that markets remain closed so they don’t feel daily dose of pain inflicted upon them by this dilution machine with false promises. This company only serve as giant credit card for lazy management. Newbies stay away.

[Luca Perosconi @perosconi]

@kencanifffromct Except that there are no real deals. “Wannabe” deals don’t count. “Intentions” don’t count. Only real signed commercial deal will ever move this stock. Nothing else.

[Luca Perosconi @perosconi]

$SMR longs almost made it today, just sadly looking at markets ripping while this cannot even outperform indexes. I am here to warn every newbie to stay far away from this dilution machine used as giant credit card for poor management.

[Luca Perosconi @perosconi]

$SMR you can clearly see that there is zero chance this can see any significant movement. Look at today’s price action: even $OKLO that has nothing is up more than 3 times than this NuScale endless dilution machine. Newbies: stay away from NuScale.

[Luca Perosconi @perosconi]

@kencanifffromct I can assure you that Almost Nobody here trades 20-50cent range. Majority here are heavy bag holders with delusional ideas about Japan or Korean interest in NuScale etc… nobody is interested. Lazy management needs reality check, they actually need to do something. Easy short.

[Luca Perosconi @perosconi]

@stoicxtrades From sophisticated TA, abcdefgh waves, tea leaf’s reading to simple hopium statement “it will rise”…. That’s all you need to hear. Shorts have zero reason to be afraid. Longs capitulated and left with nothing to present. This is short play.

[Luca Perosconi @perosconi]

@Kody__Rogers @NuScale_Power @FluorCorp Correct, as I said it numerous times, only commercial contract can produce any meaningful movement. Nothing else. That’s why first it need fundament and only then can we draw any reasonable TA. Not vice versa. And that’s the problem with current longs.

[Luca Perosconi @perosconi]

@IoanM28 Perhaps the “so” was not needed in your post.. anyway, hope you will survive the next leg down.

[Luca Perosconi @perosconi]

$SMR certain aggressive longs here got silenced by price movement. Their great TA skills evaporated, finally they understand that this company has zero commercial potential because of poor management. Very unfortunate but true. Short have nothing to fear.

[Luca Perosconi @perosconi]

@Kody__Rogers @NuScale_Power Thank you for strengthening the short thesis. Obviously there is no chance for any material news as the safety tests will run at least a year and till then there is nothing this company can do. Management just sits there waiting getting fat pay check. Excellent setup for shorts.

[Luca Perosconi @perosconi]

@HhhHhhh1891840 @Kody__Rogers Yes, but till then they will teach you TA, abcdefgh wave count, ichimoku clouds and much more of their great skills. But at the end of the day there is only 1 thing - commercial contract that can keep this moving in a meaningful way. Nothing else.

[Luca Perosconi @perosconi]

@UnlockOurNorth Agreed, dilution, lack of any meaningful commercial contract, ongoing safety testing ( without it NuScale can do very little ), lazy management that cares about themselves only, zero profit. basically all red flags here, this will get to 5$ very soon.

[Luca Perosconi @perosconi]

$SMR ongoing certification will take at least a year, till then I have no doubt we shall see 5$ … longs capitulated.

[Luca Perosconi @perosconi]

$SMR what I find funny most is that retail and certain “traders” here thought this really got 25B investment from Japan…really surreal. Of course the brief up movement was quickly sold, and correctly so. Single digits fit this stock very much.

[Luca Perosconi @perosconi]

$SMR this company simply loves single digits, no doubt about it. Funny how people here draw abcdefgh waves, showing TA skills or something yet they deny simple truth- without commercial contract this goes nowhere. Stay safe longs.

[Luca Perosconi @perosconi]

@PeteSPENZE Not dangerous, July 4th is another non event timeline that will pass with zero impact. Without any cooperation with hyperscaler or without any commercial contract this will go nowhere. Sad truth.

[Luca Perosconi @perosconi]

$SMR congrats folks we did it exactly as predicted - single digits gave us all warm welcome enjoying the visit very much. Always pray for longs so that they endure these rough times with peace and humility.

[Luca Perosconi @perosconi]

@Kody__Rogers I like your optimism, must be refreshing for longs however this is unfortunately heading much lower and tomorrow after Micron earnings it will head straight to 9$

[Luca Perosconi @perosconi]

@PeteSPENZE Very simple, Because it has almost zero upside days.