Anyone in on this? I bought $1400 around $9 today. It’s a former SPAC that’s run by Sam Altman (the ChatGPT guy) focused on small nuclear reactors for data farms and military applications. Expects to have a product operational in 2027. Building in Idaho now. Definitely risky but I’ll bet on smart people targeting a clear problem which is too little power for future AI, electric cars, etc.

Any one else researching OKLO?

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Posted by TJack

Member since Dec 2018

1394 posts

Posted on 5/10/24 at 10:33 pm to Drizzt

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Posted by FLObserver

Jacksonville

Member since Nov 2005

14488 posts

Posted on 5/11/24 at 5:12 am to Drizzt

This one looks really stable. Surprised this wasn't recommended on here at the top right before the bottom falls out.

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Posted by CamdenTiger

Member since Aug 2009

62485 posts

Posted on 5/11/24 at 5:19 am to FLObserver

Down 54% today, what happened?

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Posted by Drizzt

Cimmeria

Member since Aug 2013

12931 posts

Posted on 5/11/24 at 11:51 am to FLObserver

It went public and shot up to $16 before it fell. That’s not unusual in IPOs. It was a SPAC which is usually set at $10 a share for value. Anything below $10 seemed reasonable to me just based on capital. It went down to $8 before settling above $9. Sure it’s risky but so was AI two years ago. I’ll bet on Altman. He has a fusion nuclear start up that just signed a contract with Microsoft. Fission is much easier.

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Posted by The Egg

Houston, TX

Member since Dec 2004

79183 posts

Posted on 5/13/24 at 12:05 pm to Drizzt

High of day hitting here

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Posted by Drizzt

Cimmeria