Rockets and Duds: Week 24 - June 16, 2025

Chris White Jun 16, 2025
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5i Research Weekly Rockets and Duds

This week's 5i Research Rockets 🚀🚀🚀 and Duds 🚫🚫🚫 


 

Oracle Corp. ORCL 🚀🚀🚀 An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination. Oracle the company predicted the future last week and the stock rose 24% as it raised its guidance on the back of big momentum in its cloud business. Not bad considering the size of the company, at $603 billion market cap. Maybe Oracle should get into the stock picking business with such foresight.
 
Plug Power PLUG 🚀🚀🚀 While PLUG makes the Rockets list this week, don't get too excited. Shares were $73 each four years ago, and even with last week's 33% pop they trade at a paltry $1.29 today. PLUG shares rose on the news of the CFO buying 650,000 shares, and the announcement of a new project in Uzbekistan. 
Telus International TIXT 🚀🚀🚀 Wow, maybe Telus Corp., the boring telecommunications company, should get into the more-exciting and more-profitable short selling business instead. Telus, the parent company, spun off part of Telus International, its digital tech subsidiary, in 2021, selling shares for $25 US$. Last week, Telus announced a $500 million buyback of its subsidiary, at $3.40 US$. So, Telus essentially short-sold its own subsidiary.  Long suffering Telus International shareholders saw a 25% gain in their shares last week, but just might be feeling a little hood-winked here as well. 
 
Gamestop GME 🚫🚫🚫 Yes, Gamestop is still around. The king of the Meme stocks, its core business still sucks, as it reported disappointing sales and earnings last week. But no matter, it is becoming a bitcoin company instead! Shares fell 25% on news of a giant $2 billion issue of convertible notes, with the proceeds likely to go towards the purchase of more bitcoin for the company's treasury. Time will tell if there will be a sequel to the movie 'Dumb Money' about GameStop short-sellers. Working title: 'Dumber Money'. 
Viasat Inc. VSAT 🚀🚀🚀 Question: How to get your stock to rise 37% in a week? Answer: Get $568 million from a customer who is in bankruptcy. That's exactly what happened to VSAT last week, after Ligado, a satellite communications company that declared bankruptcy in January, The two companies, along with AST Space Mobile (ASTS) reached an agreement where ASTS will pay Ligado more than $500 million, and then Ligado will settle with Viasat. It is a long complicated story, but at the end of it all Viasat gets $568 million, a big chunk of money considering its $1.5 billion market cap.
Take Care,
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Analysts of 5i Research responsible for this report do not have a financial or other interest in securities mentioned. The i2i Fund does not have a financial or other interest in securities mentioned.
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