If the frames aren’t as clear for you: here it is with Allen’s toes still in the block, Holloway out. This may somehow follow some rule but it’s still a disgrace.
Keeping nuclear power operating in California is now a 67-3 vote in favor. That is jaw dropping and very bullish for the sector and #uranium.
Newbuilds next? NO ONE even dared think that possible.
#NuclearEnergy#NuclearPower
EXCELLENT NEWS!! State Assembly has passed a bill to prolong the lifespan of Diablo Canyon Nuclear Power Plant (in California)!! 67 in favour, 3 opposed. Well done, USA! ⚡️
If you are interested in #uranium consider the following (I am bullish but that can and will change, see #1):
1. It is a commodity. There is a time to buy and a time to sell even if one gets to ride a rare super cycle.
2. Blaming the messenger re bearish news is not wise. 1/n
Love him or hate him, Bugbee keeps putting his money where his mouth is. He spent another $450K on Jan $32 strike $STNG calls. That brings the total disclosed to $1.2M in premium for notional exposure of $14.5M with 59 days to expiration. I have never seen anything like this.
Coal twitter:
Like uranium twitter but with cash flow, and without paid promoters, companies that will never produce anything, reddit, ESG feels, valuations above 3x EBITDA, infinite valuations.... oh never mind.
A book should be written about #coaltwitter. A sector with very little sell side coverage, a ton of buy side apathy, and a ragtag group of super sharp investors/analysts/experts came together and just figured it all out. This is the pinnacle of what this platform can be (1/2)
This is one of the most aggressively bullish insider buys I have seen when you consider company size, apparent wealth of buyer, and instrument used. The Pres dropped $492K on $28 strike calls expiring in January. That is a grab for leverage: $4.1M of notional exposure. $STNG