After a deep breath - Quantum computing stocks bounce ..and other Stock Talk

 

 

 Stock Talk

This morning, after a one day sell off of the Quantum Computing stocks, we see a bounce back starting in share price.  Let's face it, unless you've been aware of the potential of the Quantum to solve problems faster and more energy efficient than legacy computers, many have missed the recent phenomenal run of the three Quantum stocks, QUBT, RGTI and QBTS highlighted here at the Jones report.

After a deep breath and profit taking -  Perhaps the quantum stocks  have further to move higher yet again as market awareness grows of the Quantum potential to ease the energy burden of AI.  A sudden awareness that a data center that serves AI demand may not need an entire nuclear plant.  Today's bounce back may be fomo by the rest of the market that missed the run along with swing traders buying back shares.

 It seems that, for now,  QUBT, QBTS and RGTI may be "in play" but some is a word we use here.  As we watched yesterday, things can change fast in spec stocks that have high growth prospects - but have not yet attained earnings.  That said, there is a growing sector of investors that are buying and trading up quantum stocks today. One may ask are these becoming "meme" stocks with the mass volume of us little people that drive the shorts nuts?

Where we may put the above preamble in the "fun spec talk" category, here are some mainstay "some"  stocks - we follow ...

   MO ,  Steady earnings and high dividend

   KGC , Gold mining with steady earnings and a divy too

   PR,  Oil and Natural gas co in the Permian basin of America

   KTOS -  starting to accumulate 5 or 10 shares in  a dollar cost average basis here and there may pay off as a growing defense contractor in military drone systems and satellite communications. It seems an important mission to produce drones that can accompany fighter jets in mission critical tasks.  Elon Musk on the doge team seems to think so. One thing on KTOS -  suggest not to go "all in " when a key insider sold his half on some news.. But maybe accumulating  5 or ten shares, on dips here and there while it floats in the 20's could be a good move in the long of it.   KTOS seems to be a potential growth stock in the area of well-needed American defense to keep up.

 If you dare ... Stay tuned and aware  ....

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

Stock investing tenet ... preseve capital - more on mainstay stocks .. and KTOS too

 

 

 Stock Talk

Sometimes penny spec stocks that have a good growth story suddenly take off and fly.  We have recently seen that with a few stock picks here.  Quantum Computing, Inc (QUBT)  saw over a 2000 % rise in a short run.  After such a phenomenal run, it's natural to see profit taking - and then there's the short hedge funds that put out bash views along with heavy shorting and the run higher can be killed. That seems to be happening this morning.  Sometimes, it doesn't seem smart to stand in the way of a market selloff causing a deep fade in share price.  sometimes its better to take a gain (or even cut a loss) in some or all and step aside for another day.  One tenet of stock investing here is to preserve capital as in "dry powder".  Some may work while the story plays out but if "too much" it can be painful waiting.

We will be watching the quantum computing stocks mentioned in previous posts .. QUBT, RGTI, and QBTS.   But this morning's sell off was in a sense natural profit taking we probably could "feel" coming. So what's next?  Only time, performance, and the market response will tell.  In meantime, follow your own inclinations with the caveat of stay circumspect.  If you read the Jones report here  and enjoyed a sweet gain on the Quantum sector - congratulations.

 In meantime, some stocks that seem like mainstay "some"  basis...

   MO ,  Steady earnings and high dividend

   KGC , Gold mining with steady earnings and a divy too

   PR,  Oil and Natural gas co in the Permian basin of America

   KTOS -  starting to accumulate 5 or 10 shares in  a dollar cost average basis here and there may pay off as a growing defense contractor in military drone systems and satellite communications. It seems an important mission to produce drones that can accompany fighter jets in mission critical tasks.  Elon Musk on the doge team seems to think so. One thing on KTOS -  suggest not to go "all in " when a key insider sold his half on some news.. But maybe accumulating  5 or ten shares, on dips here and there while it floats in the 20's could be a good move in the long of it.   KTOS seems to be a potential growth stock in the area of well-needed American defense to keep up.

 If you dare ... Stay tuned and aware  ....

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

Stock of the Day - QUBT and other Quantum stocks

 

 

 

 Stock Talk

Quantum Computing , Inc (QUBT) in the news ...

Quantum Computing, Inc. Awarded Contract by NASA to Support Phase Unwrapping Using Dirac-3 Photonic Optimization Solver

PR NEWSWIRE

Dec-17-2024 8:30 a.m. ET

HOBOKEN, N.J., Dec. 17, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") , an innovative, integrated photonics and quantum optics technology company, today announced that the Company has been awarded a prime contract by the National Aeronautics and Space Administration's ("NASA") Goddard Space Flight Center. This contract marks a pivotal step forward for QCi by applying its entropy quantum optimization machine, Dirac-3, to support NASA's advanced imaging and data processing demands.

The contract will apply Dirac-3 to address the challenging phase unwrapping problem for optimally reconstructing images and extracting information from interferometric data generated by radar. QCi will support NASA in its mission to unwrap interferograms at full scale, ultimately enhancing their data quality and accuracy. QCi believes this project will highlight Dirac-3's capabilities in providing superior solutions to non-deterministic polynomial time hard (NP-hard) problems, significantly improving solution quality and computational speed.

"QCi is proud to support NASA in this critical mission to process large volumes of interferometric imaging data more efficiently," stated Dr. William McGann, Chief Executive Officer at QCi. "The project's goal is to demonstrate how QCi's Dirac-3 can address the phase unwrapping problem and allow NASA

More later.

Watch  QUBT , RGTI , QBTS

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

Drones, drones Everywhere ! -- watching KTOS - and updates on Quantum watch stocks in America

 

 

 

 Stock Talk

Drones, drones, drones - Everywhere !  Oh "don't worry - there's nothing to be concerned about".  That's what the Federal and state government officials are telling us .  At the same time, they say "we don't know what they are, the intentions, and who is controlling these drones" - some the size of cars, with multicolored lights and hovering over sensitive areas like nuclear plants and military bases. What the?! The people should not believe their own eyes?  Or are these drones from our own government, secretly looking for something? Many are now thinking it's our own defense department that knows what they are. But, the politicians are not in the loop ? - or they didn't get the memo?

 

 

With the above prelude, let's get back to stock talk.  There are two drone companies that were highlighted here at the Jones Report.

Stock symbols : AVAV and KTOS

AVAV makes the kind of advanced commercial drones that can hover and fly about for business and defense purposes as used in the Ukraine  But the Ukrainian defense forces are now making their own drones based on wartime field experience.  Could the AVAV drones potentially be used to lock onto recent sightings and fly over for reconnaissance, tracking to learn their source, even take them out as necessary?  However, AVAV share price recently tumbled on lower than expected revenues.

Kratos Defense & Security Solutions, Inc. (KTOS)

KTOS makes the kinds of drones that can fly at subsonic speeds and are used to test anti - missile systems for targets presentation. Additionally KTOS  has been working on refining drones that can potentially fly with our fighter jets in a task force. 

The Jones view here was that KTOS  was in development of the advanced drones to be used in task force operations and that is why KTOS bears watching in the $20's.  It did seem that AVAV was getting all the market love, while KTOS  seemed to be mired in the fog of requirements definition and perhaps confusion.  Perhaps the development has reached a milestone. Reported in a Dec 5 PR...

 Kratos’ XQ-58A Flies in Joint Emerald Flag Exercise

  https://finance.yahoo.com/news/kratos-xq-58a-demonstrates-collaborative-130000939.html

Recently, we have seen critics of the F-35 fighter jet acquisitions with the claim that drones would be a more economical way to meet mission requirements. This is because drones would be intended to fly in tandem with fighter jets and then go in unmanned where conditions  require.

This could all result in big contracts coming to KTOS.  Perhaps the market is getting the flick and the stock is responding, moving into the higher $20's.

______

More on Stocks to Watch...

Altria Group (MO) seems to be a steady mainstay of a solid portfolio.  MO pays about a 7.5% annual rate on a dividend assigned every quarter. A dividend for fifty five straight years.  They find a way to deliver earnings.  When you have to walk by a band of smokers blowing smoke in your path,  just hold the breath and smile. Think about that great divy and  reinvest it for compound interest.  Every now and then add five or ten shares of MO on dips if possible. view: buy dips, just some.

Kinross Gold (KGC) steady gold miner performer with rising earnings and a good divy for a miner.  view: buy dips, just some.

Permian Resources (PR) The oil and nat gas valves will be turned on with drill baby drill. Yesterday, PR announced they sold off the pipeline infrastructure in the Permian basin for $180 Million.  It appears that PR is focusing on drill baby drill.  How this all plays out, we shall see. PR is a some stock here with the current climate of a more liberal use of natural gas as a cleaner alternative for supplying energy needs to the world.  view: hold some.

"About Permian Resources

Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets and operations are concentrated in the core of the Delaware Basin, making it the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com."

"Spec stocks" with "buzz"  that have been hot and cold and hot again lately____

Notes on some spec stocks that have seen some volatile action lately./

There is new buzz around a chip act that has billions reserved for Quantum computing companies in America. There is growing awareness (or maybe some hype ?) around quantum computing. This stems from perceived efficiency in processing large amounts of data in the advent of an AI world. The companies are benefiting by releasing more shares to get money to advance their plans. This is dilutive but the recent demand in the market has seen a sudden surge in share levels.  The market is starting to respond to the promise of efficiency and energy savings of quantum. The future will tell the rest of the story.  [updated 12/17]

Quantum Computing, Inc (QUBT).  running some dd on their photonics chips plans shows that the chips are planned for their Quantum computers and other markets.  Planned to start manufacturing in a foundry in Tempe Arizona in 2025. Here is perhaps a useful tidbit... QUBT Photonics chips can be used at room temperature and employ photons to convey Qubits.  Photons are advantageous for quantum computing due to their speed, low energy dissipation, and resistance to environmental noise, making them ideal for scalable and networked quantum system.  QUBT's focus includes leveraging these benefits to create robust quantum platforms in association with research institutions like the Arizona University Research Park.

Other Quantum computers require liquid cooling, so QUBT's may offer advantages in future quantum computers. A short seller outfit cast shade on QUBT, but the shade was refuted.  More will be known as the story plays out soon. Update view: The market itself is refuting short shade on potential efficiency advantages of Photonic chips. If the near term foundry plans work out - this would be the start of a brand new chip foundry in the US in early 2025.

Regetti Computing Inc,  (RGTI) This company also produces Quantum computers and has advantage of being able to daisy chain computers for added Qubit processing computing power. Regetti quantum computers employ shielded microwave frequencies to convey Qubits.  A recent breakthrough was announced. RGTI is now seeing insider sales that puts some shade on the bull side. view: the market is responding to potential of RGTI in a Quantum computing future.

D-Wave Quantum Inc (QBTS) makes available their in- house computers to tackle client's questions. also diluting shares but ? view: has possibilities.

BigBear.ai Holdings, Inc (BBAI) is an AI contractor.   It was flying high for awhile last week.  But there  were insiders sales as well as private equity buying.  BBAI loses money but has some rising revenues on government contracts. BBAI was over $4 on high volume but alas it's back in the $2's.  They need more AI based contracts to help.  also diluting shares... Its a watch stock in case something breaks, but the sales by insiders make it disappointing. view:  hard to say, the market is forward looking in AI, but fundamentals matter too.

ASP Isotopes (ASPI),  maybe a  some stock to see how the Isotope foundry plays out in 2025. A short selling outfit put the cabosh on a good run, but ASPI has refuted the negativity and plans are in place to deliver with Silicon 28 as the first isotope to be produced in South Africa. That is just one high value isotope.  The laser process is slated to produce enriched Uranium (Haleu) for the Bill Gates involved Small modular reactor (SMR) development. And an advantage is ASPI will use spent fuel rods as the source. That sounds like recycling here!  view: a some stock to see

 BUT- I would not put the farm on ANY spec stock, including all of the above -- maybe just "some" to see.  even if trading, not too much seems prudent.

More later.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

The Jones report "View of the day" on stocks -- and a few "spec stocks" in the buzz... (update 12/13)

 

 

 

 Stock Talk

Today, I will opine on a few stocks and offer my view of the day.

Altria Group (MO) is a steady mainstay of a solid portfolio.  MO pays about a 7.5% annual rate on a dividend assigned every quarter. A dividend for fifty five straight years.  They find a way to deliver earnings.  When you have to walk by a band of smokers blowing smoke in your path,  just hold the breath and smile. Think about that great divy and  reinvest it for compound interest.  Every now and then add five or ten shares of MO on dips if possible. view: buy dips, just some.

Kinross Gold (KGC) steady gold miner performer with rising earnings and a good divy for a miner.  view: buy dips, just some.

Permian Resources (PR) The oil and nat gas valves will be turned on with drill baby drill. Yesterday, PR announced they sold off the pipeline infrastructure in the Permian basin for $180 Million.  It appears that PR is focusing on drill baby drill.  How this all plays out, we shall see. PR is a some stock here with the current climate of a more liberal use of natural gas as a cleaner alternative for supplying energy needs to the world.  view: hold some.

"About Permian Resources

Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets and operations are concentrated in the core of the Delaware Basin, making it the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com."

"Spec stocks" with "buzz"  that have been hot and cold and hot again lately____

Notes on some spec stocks that have seen some volatile action lately./

There has been a certain amount of new awareness (or maybe some hype ?) around quantum computing. This stems from perceived efficiency in processing large amounts of data in the advent of an AI world. The companies are benefiting by releasing more shares to get money to advance their plans. This is dilutive but the recent demand in the market has kept the share levels in range.  Only the future will tell the rest of the story.  [updated 12/13]

Quantum Computing, Inc (QUBT).  running some dd on their photonics chips plans shows that the chips are planned for their Quantum computers and other markets.  Planned to start manufacturing in a foundry in Tempe Arizona in 2025. Here is perhaps a useful tidbit... QUBT Photonics chips can be used at room temperature and employ photons to convey Qubits.  Photons are advantageous for quantum computing due to their speed, low energy dissipation, and resistance to environmental noise, making them ideal for scalable and networked quantum system.  QUBT's focus includes leveraging these benefits to create robust quantum platforms in association with research institutions like the Arizona University Research Park.

Other Quantum computers require liquid cooling, so QUBT's may offer advantages in future quantum computers. A short seller outfit cast shade on QUBT, but the shade was refuted.  More will be known as the story plays out soon. view: If the near term foundry plans work out - some stock to see.

Regetti Computing Inc,  (RGTI) This company also produces Quantum computers and has advantage of being able to daisy chain computers for added Qubit processing computing power. Regetti quantum computers employ shielded microwave frequencies to convey Qubits.  A recent breakthrough was announced. RGTI is now seeing insider sales that puts some shade on the bull side. view: maybe a some stock, has possibilities.

D-Wave Quantum Inc (QBTS) make available their in house computers to tackle client's questions. also diluting shares but ? view: has possibilities.

BigBear.ai Holdings, Inc (BBAI) is an AI contractor.   It was flying high for awhile last week.  But there  were insiders sales as well as private equity buying.  BBAI loses money but has some rising revenues on government contracts. BBAI was over $4 on high volume but alas it's back in the $2's.  They need more AI based contracts to help.  also diluting shares... Its a watch stock in case something breaks, but the sales by insiders make it disappointing. view: suddenly lousy.

ASP Isotopes (ASPI),  maybe a  some stock to see how the Isotope foundry plays out in 2025. A short selling outfit put the cabosh on a good run, but ASPI has refuted the negativity and plans are in place to deliver with Silicon 28 as the first isotope to be produced in South Africa. That is just one high value isotope.  The laser process is slated to produce enriched Uranium (Haleu) for the Bill Gates involved Small modular reactor (SMR) development. And an advantage is ASPI will use spent fuel rods as the source. That sounds like recycling here!  view: maybe a some stock to see

 BUT- I would not put the farm on ANY spec stock, including all of the above -- maybe just "some" to see.  even if trading, not too much seems prudent.

More later.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

A yarn about Thomas Edison and an 88 Cent "penny stock"

 

 

 Stock Talk

One penny stock we watch here has seen some pretty hard times in terms of share price. Yet in the world of small biotech, it takes time, years n' tears, to prove significance to the FDA decision makers. 

But -  before we unveil the full story... let's think about Thomas Edison and his team.  The familiar story is that Edison failed over a thousand times more in finding the right filament to sustain light when triggered by electricity.  His harsh critics included the scientific community, the media and public opinion as well as rival inventors. 

Edison persisted and replied, "I have not failed. I've just found 10,000 ways that won't work."

After trying elements such as platinum, as well as natural fibers such as cotton , wood and paper, all carbonized to serve as filaments.  Thousands of tries!  what finally worked?  Bamboo!

 Carbonized Bamboo!

Can we say - Edison "Bamboozled" ALL his critics?

Now let's transcend to a totally different challenge... To successfully treat Pancreatic Cancer (PC), a most aggressive ailment in all mankind.

There is one company that has been at the challenge for years.

Enter:  Oncolytics Biotech Inc (ONCY) into this story.

Pelareorep is the ONCY lead drug administered by IV.  It is an adapted reo virus that is shown to trigger an immune T fighter cell response to target and destroy cancer cells in tumor. In a previous small trial with PC patients clinical data showed a 62% objective response rate, which is more than double historical control trial averages. The ONCY team has shown that "Pela" causes previously unstoppable "cold" cancer tumors to become "hot" and thus vulnerable to t fight cell attacks and other treatments checkpoint inhibitors and chemo.

 https://oncolyticsbiotech.com/our-science

"Mechanism of action (MOA)

Pelareorep’s MOA has been validated in clinical studies by measuring T-cell infiltration, PD-L1 expression, and other effects of pelareorep treatment on tumors. The ability of pelareorep to turn “cold” tumors “hot” has been established in multiple tumor types including breast cancer and pancreatic cancer. By turning “cold” tumors “hot,” pelareorep makes tumors more easily recognized by the immune system, thus enhancing the effectiveness of oncology treatments like chemotherapy or ICIs."

Let's cut to the chase here..

Largely unnoticed, ONCY recently announced in a PR that a safety run of six PC patients was complete and the result merits advancing a new PC trial with Pela to be tested and combined in one subgroup  with already approved Genetech/ Roche checkpoint inhibitor called Tecentriq.

https://oncolyticsbiotech.com/press_releases/oncolytics-biotech-reports-completion-of-initial-safety-phase-enrollment-for-goblet-trials-new-pancreatic-cancer-cohort/

Now it becomes more interesting to note the above study was suggested by experts at the Pancreatic Cancer (PanCan) Network and funded with a $5 Million grant to start.

 What do we see as significant here at the Jones report ?

It's all about the intended MOA.   In layman's terms ... The Pela being administered IV is claimed to attack and duplicate in cancer cells but not healthy cells. The response is that T fighter cells of the patient's own immune system see the newly "hot" tumor and attack and destroy cancer cells.  However, apparently one known impediment to T fight cells is a protein called PD-L1.  That is where adding Tecentriq comes into play to suppress the protein's degradation of T fight cells.

The significance IS that if Pela and Tecentriq along with Chemo work in synergy to effectively help PC patients where all other treatments have failed it will be astounding to world.  It would open the door to treating many cancers using the fighters very own immune system to help live longer, stronger and better and hopefully even possibly be cured.

Epilogue to this story:

Today, ONCY stock share price sits at a meager 88 Cents. Investing in a "penny stock" comes with significant risks, and on occasion,  potential huge reward to the dreamers. The above PC trial will start in early 2025 with updates on progress and possible expansions planned along the way.

ONCY may be "just a some" stock for us arm chair scientists and dreamers that want to believe there may be new hope for cancer patients to fight back by helping their very own immunity to meet the challenge of their life.

After all these years, the naysayers are many.  To this we say... remember Edison and his bamboo.

To wrap this all up, ONCY may be a just a "some stock" at 88 cents to follow and see what happens in 2025 as part of the fight or game however you see fit (or not).  WE have to say though - if going "in", not "too much" and only what you can afford to lose.  The current 88 cents say's the market is not fully aware and/or does not believe.  But we think there is scientific evidence that possibly refutes disbelief.  If interim blood profiles and scans point to treatment success, the Jones report predicts the market will suddenly wake up in a huge way. Only time and more trial will finish this story.  As we note this on lighted screens - remember Thomas Edison.

____

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________

Mover of the Day: BigBear.ai Holdings Inc (BBAI)

 

 

 Stock Talk

One AI stock we call a "penny stock" and therefore speculative is on the move.. BigBear.ai Holdings Inc (BBAI).

BBAI already has some government contracts . The big question is when the next one or two contracts come- will it push BBAI to profitability ? Some institutional and hedge fund holders must think so.

For now, let's just point out that BBAI is breaching the $3 share price  level.  If the $3 holds, that could be a sign that institutions may be buying more .  Is BBAI a follow on company after Palantir to run higher in the AI contractor space? 

More later, but for now BBAI is on the watch list.

For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time.  But trying to look ahead a few months into the future may be a way to do things.  If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor.  In all -  we use the word maybe "some", not "too much" and play it accordingly.  Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.

With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.

___________

ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
________