Probably gonna sit heavy cash until after IPO season unless something else changes.
I don’t have the alpha, brain, or skills to navigate the short term volatility.
I’ll continue to hold my conviction plays $PENG, $MDA, $OUST, $NBIS and hang out until better weather.
The SpaceX IPO fear + continued space interest is going to push alternative space stocks up as long as (1) real orbital Data Center deliveries start happening and (2) macro continues being bullish.
I like $MDA for the lower multiple, Canadian discount, legacy status, and history of execution with satellites.
That said, fears include a larger space sell-off, more rockets blowing up on TV, etc...
I might eat some pain in the short term but I'm happy with a low $40's average cost.
$RKLB, $RDW, $BKSY, $SPIR, $PL
I like $AIB in this range to start adding, im sure it can dip back towards the low $2 range but I think this will historically look like a good spot. Timelines are still long so not looking for a quick turnaround, just a nice DCA over-time type play.
this indeed.
All the money raised in blockchain in 2017 - 2023 came with the expectation that crypto companies would find a way into the economic value chain, most of them failed.
They don't need foreign L1's, oracles, or any other integration partners. Most companies/banks that want to add crypto can do it in months with in-house + external developers. Blockchain is a feature, a way to move data around.
AI has immediately aligned itself with revenue generating activities and will continue to capture all of that "future tech" investment that Web 3 was supposed to be.
As someone who spent years in blockchain raising funds, building, marketing, and selling.
The SpaceX IPO fear + continued space interest is going to push alternative space stocks up as long as (1) real orbital Data Center deliveries start happening and (2) macro continues being bullish.
I like $MDA for the lower multiple, Canadian discount, legacy status, and history of execution with satellites.
That said, fears include a larger space sell-off, more rockets blowing up on TV, etc...
I might eat some pain in the short term but I'm happy with a low $40's average cost.
$RKLB, $RDW, $BKSY, $SPIR, $PL
Going to be taking some damage on $AIB this morning post dilution - I went through a similar experience with $DGXX and sold out because I didn't like how management handled it - that ended up being a mistake.
Today I decide if I'm going in heavy or not.
Reminder that $VLN SVP of Product (Edo Cohen) chairs the Physical AI Birds of a Feather (BoF) group which includes $INTC $SONY Samsung $NXPI $TXN and more...