Dec. 4 at 9:29 AM
$AI Let me hit you with the REAL stuff, no corporate BS.
AI just pulled off the ultimate wsb special on 12/3: Lost -
$0.25/share vs -
$0.50 expected. "wE bEaT eStImAtEs!" Yeah bro, you lost LESS than expected while revenue collapsed -20% YoY. That's like bragging you only lost
$5K at the casino instead of
$10K.
The Bull Thesis (for the degenerates):
- Microsoft partnership still alive
- Pentagon contracts expanding
- If sale rumors hit (Reuters called it), instant 30%+ pop
- Shorts getting squeezed at
$17-18 resistance
- Q3 guidance:
$72-80M (they might actually stabilize)
The Bear Reality:
- Tom Siebel dumped
$8.3M Nov 11th. Founder ain't holding? Neither am I
- Cash burn went from -
$53M to -
$104M in ONE quarter
- Gross margins nuked
- They're spending MORE to earn LESS
Chart says: We're coiling between
$13-17. Either moon to
$20 on acquisition news or drill to
$10 on continued bleeding.
https://share.trendspider.com/chart/AI/94993r7qi0y?_go=hs12h
