Jun. 9 at 6:54 PM
$WRD what I hope will happen but this will need help from Tony.
$200B will be raised by index funds to buy 3 IPOs that will start rolling out Friday. They will raise the $ selling their AI/Semi stocks. More selling will follow that on the troubles AI is in.
Another
$150B is being raised by the biggest tech companies by stock sales (dilution). GOOGLE wants
$85B. META $
$10B+. Many more said they may do the same. The former biggest buyers of those stocks are now the sellers. Investors will also sell those names bcs dilution like that says earn get capped/clobbered.
Where does the $ go to that is coming out of 70% of the S&P? Some of it goes into names that did not work before but has potential to work now.
WeRide is a good candidate with little debt, $ to operate 3-4 years, funded emp comp plan and 36MM shares in treasury via stock buyback with a potential to 3X 2025 revenue in 2026 and 5X+ in 2027
Tony needs to guide the market on everything WeRide has to make this a possibility. We'll see.
