$FLNC
6/10Does he own it?
Explicit first-person position: he describes entering it as a short-term catalyst trade, then on the dilution news says he cut concentration but is still holding some. Buy/trim/hold language confirms a real position. No explicit portfolio % ever given; framed as a trade, not a core holding.
His thesis
Sees a small (~$3B) US energy-storage name unusually winning two direct hyperscaler framework deals plus a large backlog that de-risks growth. Expects those orders to convert in Q3 as a major re-rating catalyst, analogous to a semis qualification-to-volume ramp. Cites cheap forward valuation, high short interest, and an NVDA/Siemens reference-architecture tie-in as further upside drivers. Treats it primarily as a catalyst-driven trade rather than a long-term hold.
How his view evolved
Started as a macro energy-basket mention, then turned into a conviction catalyst trade on the hyperscaler deals as the stock ran 50%+. Trimmed on a surprise share-offering/float overhang but kept a residual position into the catalysts.
Key points
- Two direct hyperscaler deals expected to convert in Q3 seen as the main re-rating catalyst
- Entered as a short-term catalyst trade, then trimmed on dilution overhang but kept some
- Bullish on cheap valuation, large backlog, high short interest, and NVDA architecture tie-in
Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $FLNC on X ↗