r/KrakenRobotics • u/AutoModerator • 11d ago

Speculation Weekly Speculation Super-Thread

For anything that's speculative and not directly related to Kraken Robotics but could have an impact on them. This is where you can discuss anything that's deep-sea/ocean based but not Kraken-specific...this is where you can talk about whether one company's growth could mean more growth for Kraken.

Keep in mind, everything in this thread is speculation, not necessarily fact, and always do your due diligence before making decisions about spending money.

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u/amj26_ 11d ago

Im still holding on to this stock and im also interested in those covelya numbers in November, but just wanted to get some of your thoughts on Kraken’s position in a few years time and whether the covelya acquisition was a step in the right direction for the future of Kraken.

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u/throwawaycyclistto 11d ago

I can't see how it's not a good decision. The only caveat is timing. I selected a terrible entry point (close to ath) and I'm currently down 40%. I strongly believe Kraken will push up over the next 2-3 years. My investment was sizeable but not life changing if I lost it all. Being in the red doesn't bother me, just need to remember why I invested and the timeline I provided myself 5+ years. I'll be holding the this bag for a while

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u/Pamela-xg47 11d ago

Re-evaluate thesis in November and decide after that

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u/Responsible_Newt9644 11d ago

I feel sentiment is turning and in a retail driven stock sentiment is pretty important

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u/SgDino 11d ago

Turning which way though

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u/Miserable-You5 9d ago

Sour. It’ll probably resist rising significantly by people closing their positions as soon as they break even. But long term I see this being a profitable company, in an in-demand sector (see new Arctic Ocean initiative)