I wish I'd have seen his post earlier. This thing is HORRIBLE. It's a cash burning smoke and mirror machine. It'll never see $4 again. https://poet-technologies.com/docs/financials/2024/March 31 2024 Financial Statements.pdf
I don't know exactly how to bring up the subject but various it seems mostly gas powered plays that are expected to benefit from AI. Company Profile Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia. In addition, the company is involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. It serves approximately 5 million customers with a generation capacity of approximately 41,000 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas.
I was researching this 8.5% yielder over the weekend. WES Western Midstream Partners, LP Common Units $41.30 0.19(+0.45%)11:42 AM 07/08/24 NYSE |$USD |Realtime Right now the hedgies are really positioning themselves in the power consumption angle of AI.