$ONDS

Does he own it?

No first-person buy/hold/add/size statement for ONDS, despite explicit ones for LPTH and DPRO. ONDS recurs as a reference: an LPTH customer, a 13x benchmark, a sector/sentiment gauge, and a high-beta risk warning. A YTD recap calls ONDS the "follow the leader" catalyst behind names he bought (LPTH/OSS/AIRO), not ONDS itself. Coverage, not a disclosed holding.

His thesis

He is broadly bullish on the US drone/defense theme, with ONDS treated as the bellwether of that sector (Iron Drone counter-UAS, Replicator programs, NDAA/DJI ban tailwinds). He frames ONDS as a high-beta proxy: it rips on war/tariff catalysts and gets sold first in risk-off liquidations. He cites its prior .51-to-15 move as the template he hunts for in peers like DPRO. Rated a "Buy" within the drone group, but with no standout single-name conviction relative to his core semis/photonics longs.

How his view evolved

Early on ONDS is a downstream customer in his LPTH supply-chain thesis. Mid-period it becomes a market-sentiment barometer through tariff/silver selloffs and a benchmark for sizing up drone peers. Stance stays consistently bullish-on-sector but never converts into a stated ONDS position.

Key points

• No personal buy/hold/size statement for ONDS, unlike LPTH and DPRO which he explicitly entered
• Used mainly as a sector bellwether, LPTH customer, and 13x benchmark for peers
• Rated a 'Buy' in the drone group; flagged as high-beta and selloff-prone in risk-off

Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $ONDS on X ↗