🔋 Lambdabraham

PUTIN: I THINK THE UKRAINE CONFLICT IS COMING TO AN END

now this is living

Insane image from the bridge of a container ship arriving at the Port of Salalh in Oman earlier today, as flames engulf multiple port facilities and oil tanks at the MINA Petroleum Facility, resulting from several impacts by one-way attack drones launched by Iran.

The stock sales by BOD members between the 4-8th of December are a particularly bad look when viewed through the lens of Thursdays botched earnings call. That was a “Tell” As was the bazar indensity announcement Video. After watching it my reaction was … WTF was that? No context or supporting customer quotes or orders. I have done close to 100 product launches and ALWAYS was able to have supportive customer quote. That was another tell. When Joe whet to Davos I expected a larger order announcement or something substantive with Joe stepping on the world stage. Instead all we got was this photo of with the “Elizabeth Holmes” black turtleneck and a fur coat that made him look like a pimp. I know that many are focused on production issues. They are a smaller concern to me. I’m are more concerned about the lack of orders during the biggest energy super cycle of our lifetime. Where are the orders? Are they not able to sell? Are they not able to close deals? Are they not able to forecast? Are they not price competitive? WTF would you give a weak answer about Q1 revenue when asked if Q1 would be flat? “Somewhere around there” was not an answer that inspired confidence. With 6 weeks to go in the quarter how do you not know what you will book and ship for Q1? WTF would you guide to only $300m for 2026 and say it is based solely on existing backlog and doesn’t include additional orders? Are they planning on not booking any incremental shippable orders in 2026? …. Who ever came up with messaging should be fired as well. After this disaster if I was on the BOD I would be advocating for a CEO change. I would fire Nathan and hire a competent sales leader that is capable of hitting their forecast. Clearly Nathan can’t sell or close an order …. Or both. If they intended to “kitchen sink” the quarter they do a piss poor job. Here we sit with the stock down 60% and are left with more questions than answers coming out of the call that are compounded by numerous inconsistencies, omissions and incongruities when compared to what they said during their November earnings call. Were they lying then or are they lying now or are they just incapable forecasting and communicating with investors as the sell side analyst pointed out in his know when he lowered his rating and abandoned any prices target. I 35 years I have never seen an analysts give the middle finger to management like Joe Osha from Guggenheim did in his research note on eose post earnings. Retail shareholders are pissed. Institutional shareholders are pissed. Management had lost all credibility with every one of their constituents short of a small handful of cult members on X marking excuses for them or positing theories with no data or facts. It will take time to rebuild trust …. Assuming current management is around.