Jun. 24 at 10:25 AM
$APLD the proper way to look at
$APLD is to look at where it will be by the end of 2028 when all of its 1.5 GW currently under construction at 5 AI factories is built, operating and generating revenue.
$APLD will be a multi triple digit stock by then.
Look at
$APLD’s competition. They talk about grid power or future plans or the potential for execution.
Meanwhile,
$APLD has five giant AI factories under construction all leased and the company is executing on all eight cylinders. That’s going to lead to a massive ramp in revenue in 2027 and in 2028 as the lion’s share of that capacity that’s currently under construction comes online. Right now, the
$APLD share price is a fraction of what it’s going to be when that happens.
The daily price action is irrelevant IF the long-term goal is long term profit off of the stock. 
To be clear, there are probably quicker ways to make a quick buck like the semis and memory stock but the long-term AI bottleneck is data centers and power because it’s a lot easier to buikd a factory somewhere in Asia or even the US to build GPUs, CPUs, custom silicon, chips, cabling, wafers, switches, photonics, memory, etc than it is to get grid power in a country like the United States where they haven’t expanded the grid in decades and in a country like the United States, where it’s impossible or virtually impossible now to get approvals for data centers without delays politics and things like that. This is essentially the Situational Awareness thesis, and I agree with it entirely and have before I knew there was a Situational Awareness.
Meanwhile, APLD has the power (both from the grid and off grid from
$BW through Base Electrons) and has been getting zoning/permitting approvals left and right for its AI factories because it places them in communities/states that want them that don’t have jobs and that welcome the data centers - read not densely populated blue states but rural communities in business friendly, low tax red states.
For me, as a long-term long investor, I believe this is the best run colocation datacenter builder in the US.  The company just executes.  
And it doesn’t stupidly disclose the names of its hyperscaler tenants, which will only attract wild, extraordinarily negative community organizers to swarm into the local communities from all over the country to try to block these AI factories for the short-term benefit of perhaps a day or two of stock price pop and PR.
Wes is playing chess not checkers and understands the way to really enhance shareholder value is to get these AI factories leased, built and generating revenue, which requires them to be zoned and permitted and the best way to be sure that doesn’t happen is to get unnecessary PR that gets these professional organizers to try to block them.
The business plan and the pipeline are incredibly sound. Two more AI factories will be announced this year if the pipeline goes according to plan.
Long-term at least the way I see it for my own financial portfolio. This is an extremely sound investment because the business plan to me is quite strong. I really like where the company is going to be by the end of 2028 when all this stuff is built and generating billions. 
But do your own due diligence. This is not financial advice. It’s educational and entertainment only.  This is the way I look at it from my own portfolio.
