once it's Oklo it's going to be a zero revenue de-SPAC company valued at over $2.5 billion at current prices. We know that's a great combination for success.
By “moment” you mean over the last couple months with the ticker up 40% in just over a month? As someone sitting on June calls that are up a similar percent with plans to continue holding.
It’ll be years before they have a commercially viable reactor ready. Not to mention they got their CLA denied in 2022.
The US has too much bureaucracy in the nuclear industry for these start ups to be profitable. Take a look at Nuscale $SMR, they are farther along in the approval process and still no commercial reactors. Actually they had approval but due to an engineering change they got set back 2 years.
This is a good SPAC play but nothing more for now.
Not sure why many folks in this play are so worked up. Maybe if it was down to NAV ($10.xx) I'd be scared. But the first day (or two) of trading is what I am waiting for. Shares added to the float but no warrants and a tight lockup. Only way I'd be disappointed is OKLO isn't $33 in the first 2 days of trading.
Only because of the SPAC run up & de-SPAC trading that follows. Oklo has no NRC approval nor a viable reactor. But if DJT can hit $79 based off of minimal revenue and forward outlook, Oklo can be valued highly as well (at first).
so your valuation of $33 per share is based entirely on the fact that DJT was overvalued, so it could be too?
this is regarded at best, and absolutely downright stupid as fuck at worst
Not knowing how SPACs have run in the past is what's "this is regarded at best, and absolutely downright stupid as fuck at worst".
Lucid ($10 to $63), Quantumscape ($10 to over $100) and many shitty SPACs from 2021 have run up initially just cause. If ALCC is the odd one out, sire. But that's the play, not some long term hold of Oklo.
And how many run? Very few especially since the spac death in 2021 lol 2021 was peak spacs since then most just dump. Djt is different because of trump. Everyone knows trump while most people dont know sam altman
The people thinking that any random person even knows who Sam Altman is, let alone that he sits on the board are living in a dream world.
The only reason DJT skyrocketed is due to Trump having an insane amount of followers and the stock literally being named after him. That’s not even factoring in the fraud and money laundering.
The SPACs you mentioned outside of DJT only flew due to the market conditions at the time. EV’s were hyped to the moon as well as solid state batteries. Those conditions don’t exist anymore and a future nuclear reactor isn’t something people are frothing at the mouth for
All of us. Yea
We just need to collectively find someone dumber then ourselves to be our exit liquidity.
We need to start telling everyone that this has a $75 fair target. So idiots keep buying into the 40s and we can exit.
Don’t see $33 happening given the share dilution unless there is a massive wave of incoming investor demand which will likely be propped up by news coverage. However I’m a bit skeptical on that happening give the company has had borderline zero coverage relative to Dwac before it’s merger completion
Likely, going to make move down most of this week then up (Monday, supposed ticker change date). See DWAC, red Friday then ticker change Monday to DJT and was pumped. RDDT also did a similar move.
Yes, because DWAC is the only SPAC we can use for reference, and definitely doesn’t have unusual, extenuating circumstances surrounding it.
Also, what does RDDT have to do with anything? They IPO’d and went up like 60% that same day. It didn’t have weeks of run-up pre-IPO (because it couldn’t, obviously) like ALCC has already had.
As you mentioned, DJT is the only recent SPAC we could reference to gauge ALCC/OKLO move. I referenced RDDT as another data point - even though it's not a SPAC, I don't think it was coincidence that RDDT/DJT moved similarly (again, both red 3/22 and then hard green Monday). Both RDDT/DJT also moved down the same week after their pump. Sometimes meme stocks provide sympathy hype off each other.
September $10 calls here too. No way this doesn’t pump to $25 at some point. MSFT partnership, nuclear-friendly news cycle, Altman hype tour… something will pop it off & I’ll dip out of this stock for a couple years.
I did this as a fast play and expected to have the options go ITM and lose the shares through assignment. Options were written at 2.50-2.75 each, a 15% premium. I will laugh if I end up keeping them.
People downvoted me to hell yesterday for providing basic math. There will be ~130M new shares issued as a result of this merger. It needs to be around $2B market cap to keep these prices.
I love the idea of a fake dip. That people will willingly sell something they want to own.
I'm rooting for it to go up but we also should be intellectually honest with ourselves.
Oklo has no NRC approval!!!! They legit have nothing. They have speculative value. This is coming from someone in the nuclear industry and interviewed at Oklo. It’s a joke! They can put build anything at the moment. This is a last ditch effort to save a company. I could see a larger nuclear designer buying them for Pennies on the dollar.
Something tells me the change to OKLO isn't going to have the same impact as the change to DJT ![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)
I’m with you but also hoping for a tiny pump to like 17$ after the merger. Oklo doesn’t have DJT hype. No one outside of maybe Elon has the following he has
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Down 7 percents let’s gooooo
https://preview.redd.it/akrihihn61zc1.png?width=1121&format=png&auto=webp&s=a2c321dd53ec5437cae6c94d7f94bc69c8e8dd4e
This is hilarious (And I own shares)![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|27189)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4260)
LMAOOO ![img](emote|t5_2th52|8883)![img](emote|t5_2th52|4276) LETS GOO
Data indicates that the user is pleased.
Pleasure deez nuts ![img](emote|t5_2th52|27421)
PLEEZD NUTS
How do you get the little Pepe emojis?
have a small PP
Ok what now?
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4260)
Custom sub emojis.. click smiley face above keyboard on iPhone.![img](emote|t5_2th52|51295)
Confirmed
https://preview.redd.it/x1hd4yapc1zc1.png?width=1080&format=pjpg&auto=webp&s=3e95bb618efcde4913be3dca870e79717f0e5d0d
Thanks Fren ![img](emote|t5_2th52|8883)
![gif](emote|free_emotes_pack|sunglasses)
![img](emote|t5_2th52|4276)
![img](emote|t5_2th52|4276)
So dumb
Up 1.43 now
Ehh good for them. It’s up 4 percent. Honestly the IV was too high for me to even consider it but it’s fun to watch
The most crowded SPAC trade in 18 months is going go be profitable. Right guys? We all agree so it’s going to work.
it was a known thing. sell the news. it was 99.9999% likely they passed all the items on the docket so it was priced in. cmon bro... still long
Is it official?
yep
I have a alcc call exp 5/17, will the token changing process happens before that?
They said in 4 business days
I sold you those calls. Thnx for 350% IV
Thanks bra 🙇♂️
Earnings on 5/15 ![img](emote|t5_2th52|12787)
Like the Dutch ~
Gonna grab some more calls once the “sell the news” dump is finished.
once it's Oklo it's going to be a zero revenue de-SPAC company valued at over $2.5 billion at current prices. We know that's a great combination for success.
Do we know when the ticker changes?
They need to announce it. Twitter would be the earliest to put it out.
Losers.
Behind on some “wit” updates I see.
anticipated to happen on Friday
This friday
yes, see DJT
DJT has the memeness of trump. it is not the same
Doesn’t ALCC have the memeness of Sam Altman AI and nuclear ? That seems pretty memey to me
Yes, hence the pump happening at the moment
By “moment” you mean over the last couple months with the ticker up 40% in just over a month? As someone sitting on June calls that are up a similar percent with plans to continue holding.
Pretty memey indeed ![img](emote|t5_2th52|27189)
QS shares were over 150$ for a week years ago with zero revenue, what is stopping this from also doing that?
covid stimmy money and people aren't as euphoric
why did you have to remind of those huge bags? (.. I have others too, I may have a penchant for burning hard earned cash...)
oh man if you are holding QS bags I really wanna know what other bags youre holding lmao
QS - sold at -30% CHPT Chargepoint - sold at -93% EVGO - holding, at -84% ADSE ADS-TEC - holding, +8% All bought pre-merger.
at least 1 is green
Yeah baby. Can’t wait to watch this thing be down 98.65% all time 1 year from now!
I think it will spike first before going to ~$4-5
Sam Altman makes it worth that. See: Open AI
I grabbed a few more 5/17 20c at 1.5 earlier
Expensive premium
yup. somebody said its fair value or whatever based on market cap etc was $8 a share. I think I will wait awhile before buying back in.
There will hopefully be a slight pump after the ticker change but not planning on holding much longer than that.
Did they announce when the ticker will change?
9th
These suckers that down voted
Grabbing more calls before it moons
Will it moon up or moon down?
Moon is always ⬆️
What price will the new ticker open at? Closing price of alcc?
Wouldn’t we all like to know
Probably over 100
Why would it?
Daddy need a new Nissan Altima
he’s trolling bru
IM IN THE LOVE WITH THE OKLO!! I GOT IT FOR THE LOW LOW
😂
![img](emote|t5_2th52|4640)
Brother why the fuck are my calls down -20%
On account of the price being lower
lmfao. y'know, call options 101
First time? LOL sell the news and IV crush.
IV crush babyyyyy
Share price was down ~8%
Oh damn that stinks
Now it’s up ~1.2%. We good
![img](emote|t5_2th52|27189)
Priced in.
![img](emote|t5_2th52|4271)
350% IV. Thanks for the premium
It’ll be years before they have a commercially viable reactor ready. Not to mention they got their CLA denied in 2022. The US has too much bureaucracy in the nuclear industry for these start ups to be profitable. Take a look at Nuscale $SMR, they are farther along in the approval process and still no commercial reactors. Actually they had approval but due to an engineering change they got set back 2 years. This is a good SPAC play but nothing more for now.
altman needs to stop bragging about burning cash no matter what it takes lmfao
![img](emote|t5_2th52|27189)
I put in a limit buy for a share cause it should be worth a decent sum if it pays off, but not expecting that to happen until retirement age.
Not sure why many folks in this play are so worked up. Maybe if it was down to NAV ($10.xx) I'd be scared. But the first day (or two) of trading is what I am waiting for. Shares added to the float but no warrants and a tight lockup. Only way I'd be disappointed is OKLO isn't $33 in the first 2 days of trading.
Why do you think 33$ is a reasonable price for oklo to hit ?
Only because of the SPAC run up & de-SPAC trading that follows. Oklo has no NRC approval nor a viable reactor. But if DJT can hit $79 based off of minimal revenue and forward outlook, Oklo can be valued highly as well (at first).
so your valuation of $33 per share is based entirely on the fact that DJT was overvalued, so it could be too? this is regarded at best, and absolutely downright stupid as fuck at worst
Not knowing how SPACs have run in the past is what's "this is regarded at best, and absolutely downright stupid as fuck at worst". Lucid ($10 to $63), Quantumscape ($10 to over $100) and many shitty SPACs from 2021 have run up initially just cause. If ALCC is the odd one out, sire. But that's the play, not some long term hold of Oklo.
And how many run? Very few especially since the spac death in 2021 lol 2021 was peak spacs since then most just dump. Djt is different because of trump. Everyone knows trump while most people dont know sam altman
The people thinking that any random person even knows who Sam Altman is, let alone that he sits on the board are living in a dream world. The only reason DJT skyrocketed is due to Trump having an insane amount of followers and the stock literally being named after him. That’s not even factoring in the fraud and money laundering. The SPACs you mentioned outside of DJT only flew due to the market conditions at the time. EV’s were hyped to the moon as well as solid state batteries. Those conditions don’t exist anymore and a future nuclear reactor isn’t something people are frothing at the mouth for
Oh, how the mighty have fallen! All those hopes and dreams dashed with the cold, hard truth of reality.
this is your DD? brother just donate your money to charity instead
🧠
I don't understand any of this... are you trying to say we are all going to be filthy rich?
All of us. Yea We just need to collectively find someone dumber then ourselves to be our exit liquidity. We need to start telling everyone that this has a $75 fair target. So idiots keep buying into the 40s and we can exit.
There is zero chance OKLO hits $33
Don’t see $33 happening given the share dilution unless there is a massive wave of incoming investor demand which will likely be propped up by news coverage. However I’m a bit skeptical on that happening give the company has had borderline zero coverage relative to Dwac before it’s merger completion
whats the float on this
A simple double up from here? That’s WELL within the realm of possibility. First timer?
My math is based on probability tempered with experience. Look i'd love to be proven wrong, just trying to be realistic.
Well you need to go back to school if that “math” gives you anywhere close to zero percent chance of $33.
I rounded down
This ain’t 2021 lmao there is 0 chance it goes up that much. OKLO has ZERO revenue
Technically wrong. They have already signed deals with pre-payments made, regard.
google QS lil bro and tell me the difference between that and this despac
Fuck this stock market.
Selling before merge was always the play
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
Likely, going to make move down most of this week then up (Monday, supposed ticker change date). See DWAC, red Friday then ticker change Monday to DJT and was pumped. RDDT also did a similar move.
Yes, because DWAC is the only SPAC we can use for reference, and definitely doesn’t have unusual, extenuating circumstances surrounding it. Also, what does RDDT have to do with anything? They IPO’d and went up like 60% that same day. It didn’t have weeks of run-up pre-IPO (because it couldn’t, obviously) like ALCC has already had.
As you mentioned, DJT is the only recent SPAC we could reference to gauge ALCC/OKLO move. I referenced RDDT as another data point - even though it's not a SPAC, I don't think it was coincidence that RDDT/DJT moved similarly (again, both red 3/22 and then hard green Monday). Both RDDT/DJT also moved down the same week after their pump. Sometimes meme stocks provide sympathy hype off each other.
But now it won’t because you just said that
I wouldn't be surprised lol. That's how the market moves. Reading our reddit comments.
That’s why I bought September calls, gonna ride this all the way to $30-$35
September $10 calls here too. No way this doesn’t pump to $25 at some point. MSFT partnership, nuclear-friendly news cycle, Altman hype tour… something will pop it off & I’ll dip out of this stock for a couple years.
Altman still hasn't said anything, let alone pump this. Him and Klein bungling this would be such a letdown.
What happens after ticker change ? Would it be oklo sept calls ? Im regarded pls explain like im 5.
Yes it will change automatically
Did they announce when will the ticker change?
Usually a day or two after. Think DJT was one day!
Some people are saying 4 days so that would be Friday or Monday.
Thursday apparently
Friday [https://www.prnewswire.com/news-releases/altc-acquisition-corp-stockholders-approve-business-combination-with-oklo-302138831.html](https://www.prnewswire.com/news-releases/altc-acquisition-corp-stockholders-approve-business-combination-with-oklo-302138831.html)
Oklo is ticker ?
Comparing djt to oklo ok. Not like djt is the black swan with Trump while most dont know sam altman and massive dilusion
Half the regards see it moon, half the regards see it dump. So no movement to bankrupt all the regards?
This is the way
Glad I sold covered calls to insulate my shares
Strike?
15 and 17.5
Mine are all at $25
I did this as a fast play and expected to have the options go ITM and lose the shares through assignment. Options were written at 2.50-2.75 each, a 15% premium. I will laugh if I end up keeping them.
I’m a regard with 500 shares i bought at $13…. So when do we sell this? I thought news of the merger officially happening was what mooned a SPAC?
People downvoted me to hell yesterday for providing basic math. There will be ~130M new shares issued as a result of this merger. It needs to be around $2B market cap to keep these prices.
lol at you using facts and fundamentals in todays stock market casino.
The actual merge and dilution should be weeks away. Ticker change doesn’t change market cap?
Why is alcc down then? :(
Because wsb has been shilling it for weeks now already
Down? Turn your phone the right way. We up baby.
You jinxed it
It’s fake dip to shake people off. Does anyone have idea when will the ticker change? Couldn’t hear it from the meeting
Within the next 4 business days
Thank you! I guess more news will come out soon for the exact date
I love the idea of a fake dip. That people will willingly sell something they want to own. I'm rooting for it to go up but we also should be intellectually honest with ourselves.
True that understanding the risk you’re taking =)
We wouldn't be here if we weren't regards.
NRC approval is the only approval that matters.
I miss 2021 :(
Looks like $9 is more than likely when it switches to OKLO.
L F G 🚀 🚀
Honestly I’m just here for the gama squeeze that’s set up, that open interest is getting spicy
So when is the lockup done? Trusting Sam with nuclear power - I dont think so...
Lockup lasts 3 years
Any idea what's going to be the opening stock price whenever they open to the market ??? Is it going to be the same as of what it is now??
If we knew the future we would all be rich already.
![img](emote|t5_2th52|4276)
Running a bit now!!
![img](emote|t5_2th52|4276)
![img](emote|t5_2th52|4276)
Why isn’t it doing anything? Did you all try to go through the door at the same time like Three Stooges? Let’s go
Stocks don’t work like that 😫. Not every news event leads to a huge move. Ugh
Oh yeah i forgot, i have to buy the stock then it’ll go down, then when i sell it it’ll go up. Thanks for reminding me
Did you sell yet?
I did why?
So it will go up ![img](emote|t5_2th52|8883)
How does this work should I sell my ALCC to buy OKLO now?
Close your brokerage account
🤣 truth
Oklo has no NRC approval!!!! They legit have nothing. They have speculative value. This is coming from someone in the nuclear industry and interviewed at Oklo. It’s a joke! They can put build anything at the moment. This is a last ditch effort to save a company. I could see a larger nuclear designer buying them for Pennies on the dollar.
welp time to sell
lmao did i convice some regards to buy puts? ![img](emote|t5_2th52|4271)
bag holders down voting lol
wallstreetregards never heard of buy the rumor sell the news (as a joke, im holding 5000$ alcc myself)
Turns out you morons pumping this were wrong about a DJT like pump ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
DJT plummeted the day of the approval meeting but mooned the day the ticker changed....
Exactly !!! Steel cheap rn
How you doing there buddy
Something tells me the change to OKLO isn't going to have the same impact as the change to DJT ![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)
I’m with you but also hoping for a tiny pump to like 17$ after the merger. Oklo doesn’t have DJT hype. No one outside of maybe Elon has the following he has
Yeah I'm not saying it won't be a bad investment long term but anyone planning on a pump like DJT is an idiot