It can’t get much worse for $ARBE. Down 90% from SPAC launch. And just nailed down a big win for its chipset. I get the negativity. Experimental tech and lots of dilution till it hits the market. But it just won a big one. And its playing in a hyper growth space. Rerating HIGHER.
I never mentioned this name until now because I didn’t see good r/r until now. Can it go to zero? I suppose it can.
But it can also pull an $OKLA (similar SPAC) and do a 100x off the bottom quickly.
It’s in the right business to catch a wave of hype with alot of fomo behind it.
I never mentioned this name until now because I didn’t see good r/r until now. Can it go to zero? I suppose it can.
But it can also pull an $OKLO (similar SPAC) and do a 100x off the bottom quickly.
It’s in the right business to catch a wave of hype with alot of fomo behind it.
Just because something is a SPAC it doesn’t mean it’s automatically worthless.
But the market treats most of these as such until proven otherwie.
Ofc $ARBE hasn’t proven it yet. That’s why it’s $1. But I can easily see it with a $1B valuation. Not a huge lift. And that’s a 10x.
This is a SMALL bet. Not one to go all in.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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