Thesis is very very simple....
* Cash on hand \~1.6 Billion
* $750 million stock buyback still pending
* Mcap today after the 7% uplift is 3.9 Bil
* FCF \~280M
Short stock relative at all times is \~12%
Basically, you are getting a company who wants to buy their own stock and about 20% with the projection. What happens when they squeeze ? - Shorts will cover. I will bet $140 by the end of this year the least.
They will annouce API usage pricing in the future and transition to usage based pricing but the revenue will still keep growing 18-19% YOY. Albeit - with this transition they will probably grow more.
Most apes will argue - AI will eat their lunch. When it doubles in price from here - don't let me tell you I told you so like the threads below.
Position 3K stock at $66.45. Intend to triple it shortly.
Here is the HOOD [DD](https://www.reddit.com/r/wallstreetbets/comments/1bpqv2c/robinhoods_wallet_apporaches_10b_in_bitcoin/) when it was around 10.
Here is the AMD [DD](https://www.reddit.com/r/wallstreetbets/comments/1m8l6ps/amd_857k_yolo/) when it was closer to 120