NEW TRADE: ALL IN $QS.
Highly speculative play. Catalyst is 13F drops this week.
- $5B val with $1B cash and 20% short interest
- volume has been creeping up (me like)
- huge open interest on calls this week (spicy)
- copper is going up, "battery trade" might be a play
- CEO was an EVP at $SNDK and president at $WD, notice anything?
- rentech, vanguard, blackrock, etc all increased holdings in Q4 last year. more 13Fs dropping this week might reveal more hedge funds who loaded up in Q1
alerted subscribers here first (ty β₯οΈ)
been watching this stock for a whole day and binged a bunch of youtube videos last night on solid state batteries.
high level $QS is the leader (with patents) and they've been sharing a lot on social media. they recently expanded their market beyond evs to include ai data centers and defense companies and also switched to a licensing business model (smart).
risk is that solid state batteries have been "almost here" for 5+ years now and still not at commercialization scale (currently at pilot scale).
this is quick technical play but also a fine long-term hold too. problem is one would have to be really patient to wait for their next update on commercialization.
as a reminder: this is my challenge account where i restarted with $35k to go all-in swing trading 1 stock at a time to $10M again.
now at $59k.
took the L on $HIMS for -5% loss. TLDR: earnings was not bad, but not that exciting short-term either. better to come back to it in a few months
pleaase do your own research. this is mainly a technical-based swing trade. meaning: quick in and out.
sorry it took so long for the thesis. been driving and in meetings all day.
the trade came together really quickly and i wanted to share it and my thoughts as fast and thoroughly as i can.
its hard to notice "now" is the time, make the trade, record it, and write a good cited with sources post while on the go.
pls lmk how i can improve.
@Ex0sIdream@kevinxu unfortunately no, and theirs are lagging indicators, worked 50/50 in the past as u can see from my old posts, but i came up with another system instead