5i Research Weekly Rockets and Duds
Welcome to another week of 5i Research Stock Market Rockets and Duds
Investors are in a 'risk on' mood, and we had 33 companies with gains of more than 30% last week, and only three companies with losses of more than 20%.
Here are the highlights.
Strive Inc. ASST 
Ho-hum, another bitcoin treasury company in the news. In a deja-vu dot-com scenario, it seems that all it takes these days for a company to get attention is to start buying bitcoin and turn your company into a bitcoin treasury company. Strive raised $750 million in May and may get another $750 million from warrants, so it has gone on a bitcoin buying spree. But why is the stock a DUD, you might ask? Well, that's because the stock fell 49% last week. But no worries, we are sure investors don't care much, considering its 777% gain year-to-date. Maybe 5i Research should start buying some bitcoin........
Ho-hum, another bitcoin treasury company in the news. In a deja-vu dot-com scenario, it seems that all it takes these days for a company to get attention is to start buying bitcoin and turn your company into a bitcoin treasury company. Strive raised $750 million in May and may get another $750 million from warrants, so it has gone on a bitcoin buying spree. But why is the stock a DUD, you might ask? Well, that's because the stock fell 49% last week. But no worries, we are sure investors don't care much, considering its 777% gain year-to-date. Maybe 5i Research should start buying some bitcoin........
Oklo Inc. OKLO 
Oklo is now a $20 billion company with no revenue, after its 64% surge last week. Trump has been advocating for nuclear power, and the US and the UK signed a partnership on nuclear development last week. Oklo is in the nuclear fission reactor business and its stock has certainly gone nuclear. Sorry, we already used that line a few months ago, when Oklo was again a ROCKET. Its one-year gain is now 1,507%.
Oklo is now a $20 billion company with no revenue, after its 64% surge last week. Trump has been advocating for nuclear power, and the US and the UK signed a partnership on nuclear development last week. Oklo is in the nuclear fission reactor business and its stock has certainly gone nuclear. Sorry, we already used that line a few months ago, when Oklo was again a ROCKET. Its one-year gain is now 1,507%.
Webtoon Entertainment Inc. WBTN This one is for all the teenage nerds out there. The next time your Mom complains about you reading comics all day and wasting your life, tell her you are doing stock market 'research'. Nerds rejoiced last week with Webtoon's 50% gain on news that Disney was going to acquire a 2% equity interest in Webtoon, whose library includes hundred of thousands of comic book titles, and will bring all of its marquee comics to a new digital platform and app. BOOM! SOCK! POW!; Sorry, that's from Batman. I'm too old. Webtoon's titles include Godzilla, Sonic, True Beauty Lore Olympus and Boyfriends.
This one is for all the teenage nerds out there. The next time your Mom complains about you reading comics all day and wasting your life, tell her you are doing stock market 'research'. Nerds rejoiced last week with Webtoon's 50% gain on news that Disney was going to acquire a 2% equity interest in Webtoon, whose library includes hundred of thousands of comic book titles, and will bring all of its marquee comics to a new digital platform and app. BOOM! SOCK! POW!; Sorry, that's from Batman. I'm too old. Webtoon's titles include Godzilla, Sonic, True Beauty Lore Olympus and Boyfriends. 
D-Wave Quantum Inc. QBTS Earlier this year, quantum computing stocks soared on a breakthrough technology advancement from Alphabet. But then smart people said that commercialization of quantum would take more than ten years, at best. Then other smart people said, no, wait, it might be faster than that. Then quantum stocks soared once again. D-Wave rose 51% last week and is now a $9 billion company. Total revenue estimates this year? $24 million. D-Wave hosted a user conference in Tokyo that got investors super-excited. In other quantum news the Department of Energy partnered with IonQ and Honeywell to develop quantum technology usages in space. Is quantum the next big thing? Should we sell our bitcoin to buy quantum stocks? Should we sell our quantum stocks to buy nuclear energy stocks? Should we..........
Earlier this year, quantum computing stocks soared on a breakthrough technology advancement from Alphabet. But then smart people said that commercialization of quantum would take more than ten years, at best. Then other smart people said, no, wait, it might be faster than that. Then quantum stocks soared once again. D-Wave rose 51% last week and is now a $9 billion company. Total revenue estimates this year? $24 million. D-Wave hosted a user conference in Tokyo that got investors super-excited. In other quantum news the Department of Energy partnered with IonQ and Honeywell to develop quantum technology usages in space. Is quantum the next big thing? Should we sell our bitcoin to buy quantum stocks? Should we sell our quantum stocks to buy nuclear energy stocks? Should we..........
Gemini Space Station Inc. GEMI Considering all of the above, we thought we should highlight Gemini Space Station, with its 25% drop last week. Shares are now priced lower than the company's IPO price earlier in September. Gemini has 'space' in its name, and offers a platform to trade crypto currencies, as well as a stable coin backed by the US dollar. It is run by famous twin billionaires Tyler and Cameron Winklevoss. Those qualities should have seen the stock soar, we would have thought. Talk about punching all the right buttons! But no, it seems investors are still picky in their mad money plays. Oh, those poor billionaire brothers. I hope they are OK.
Considering all of the above, we thought we should highlight Gemini Space Station, with its 25% drop last week. Shares are now priced lower than the company's IPO price earlier in September. Gemini has 'space' in its name, and offers a platform to trade crypto currencies, as well as a stable coin backed by the US dollar. It is run by famous twin billionaires Tyler and Cameron Winklevoss. Those qualities should have seen the stock soar, we would have thought. Talk about punching all the right buttons! But no, it seems investors are still picky in their mad money plays. Oh, those poor billionaire brothers. I hope they are OK. 
Take Care,
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