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Thoughts on OKLO
Posted on 5/10/24 at 7:11 pm
Posted on 5/10/24 at 7:11 pm
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?
Any one else researching OKLO?
This post was edited on 10/17/24 at 9:10 pm
Posted on 5/10/24 at 10:33 pm to Drizzt
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.
How do you know?
How do you know?
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. 

Posted on 5/11/24 at 5:19 am to FLObserver
Down 54% today, what happened?
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.
Posted on 10/16/24 at 12:22 pm to Drizzt
Cha Ching goes all the nuclear stocks today!
OKLO 35%
SMR 32%
LEU 20%
OKLO 35%
SMR 32%
LEU 20%
Posted on 10/16/24 at 1:27 pm to BobABooey
I don’t follow them. I follow 4 stocks and 2 etfs
LEU
SMR
NLR
CCJ
OKLO
NUKZ
LEU
SMR
NLR
CCJ
OKLO
NUKZ
Posted on 10/16/24 at 10:51 pm to ynlvr
I’m in several hundred shares at $8 for Oklo. It’s up to $17 now. Thinking of selling some as I expect it will drop. I’m bullish long term though. Any thoughts on selling half versus holding?
I got in several nuclear and uranium stocks the last year. The future of power is definitely nuclear when people realize what a colossal waste of money wind and solar are for intermittent supply.
I got in several nuclear and uranium stocks the last year. The future of power is definitely nuclear when people realize what a colossal waste of money wind and solar are for intermittent supply.
This post was edited on 10/16/24 at 10:55 pm
Posted on 10/16/24 at 10:52 pm to FLObserver
How’s it looking now ; )
Posted on 10/17/24 at 2:39 pm to Drizzt
I suspect it will take some time to digest this last run, but nuclear is the right LT play.
Posted on 10/17/24 at 2:41 pm to ynlvr
And I suppose this thread is anchored because of the one word thread title
Posted on 10/18/24 at 9:18 am to ynlvr
OKLO just spiked above $19 and I sold 10%. I’ll resume buying when it settles down, probably under $15.
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