Aug. 8 at 8:03 PM
$SMR is proving why the market looks forward.
Yes, the latest earnings call was ugly - yet
$SMR is still up ~16% this week.
That tells me the market may already be pricing past the current weakness.
The chart is deeply beaten down, while the long-term nuclear story continues developing.
Below
$10, the risk/reward looks extremely asymmetric to me.
Longer-term targets:
$82–
$100
That’s potentially a +750% move from the lower levels.
Too early? Maybe.
But that’s exactly where asymmetric opportunities can appear.
