Cautious Bullish on Hond Nuclear Play

6 days ago

"Hond, our nuclear energy spack idea, has been doing amazing over the last few weeks. That said, be aware that there tends to be a large profit taken before and directly after spa mergers. Han shareholders will vote on October 20th, tomorrow, to approve the spa deal. If approved, the combined firm will list on the NASDAQ as IMSR and IMRW for its warrants. On a to be determined day, rash drills technology was selected for the DOE's nuclear pilot program and even got a safety green light from the US Nuclear Regulatory Commission, marking the first ever NRC approval of its kind."

The speaker highlights the strong recent performance of Hond while warning of typical profit-taking around spa mergers. With a shareholder vote scheduled for October 20th and an upcoming listing on NASDAQ, the long-term narrative remains positive despite near-term volatility.

Related Stocks