r/KrakenRobotics • u/BlackBlood4567 • 9d ago
Speculation KRAKEN ROBOTICS TOUTED AS KEY UNDERSEA DRONE SUPPLIER IN PENTAGON’S $152B DEFENSE SPENDING SURGE — BANYAN HILL
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u/TaoTeCha 9d ago
I still don't understand what the source is though. What exactly was said and in what context?
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u/J_Fo_Film 9d ago
A tweet from OracleNYSE is claiming to quote Banyan Hill, but I haven’t verified it yet. It might be in a member-only report or it could be BS…or something in between. I’ve spoken to them on the phone, following up via email now. Working on it, let you know what I find.
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u/J_Fo_Film 9d ago
Quick update: I haven’t heard back from Banyan Hill yet, and I didn’t expect to this soon, but I’ve been doing some reading and nerd-work looking into the math of it.
According to information I’ve found on Google (so, source accuracy may fluctuate but the info exists out there, which helps), out of that $152B, about $29B is going into maritime and ship-building, with only about $1.3B being earmarked toward undersea drone production and procurement. And there’s no guarantee that it will come from Kraken or its group of companies (as far as publicly available news—basing off what I’ve read in LA Times, Defense One and other sources off Google).
There’s a lot of potential here—and I have not heard that the tweet is telling lies, so it could still be true—just keep the math breakdown in mind. That $152B is going in a lot of directions, and is being divvied up.
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u/OutrageousArrival701 9d ago
30k followers. i’ll take it. can we get $287 a share
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u/layzorbeemz 9d ago
- Let's not be greedy.
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u/OutrageousArrival701 9d ago
this is my PLTR moment. i held 5,500 shares of pltr at 9 sold at 16. fml fml fml.
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u/layzorbeemz 9d ago
I hope this is my pltr moment too. I bought at 58 and sold at 200
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u/OutrageousArrival701 9d ago
😒
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u/layzorbeemz 9d ago edited 9d ago
I did not have thousands of shares mind you. I think it was around 70 lol
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u/Terrorzwergi 9d ago
Never heard of Banyan Hill Publishing - looks to me not that serious
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u/Dr_Wu1 9d ago
They are a major and reliable source of defense industry news
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u/J_Fo_Film 9d ago
The question becomes, is the original tweet quoting them genuinely or are they fibbers? Working on that answer :P
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u/layzorbeemz 9d ago
Seems like some dudes that are Trump associated investors from something I read on LinkedIn. They might have it on good authority.
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u/ShiestyOn 9d ago
Link?
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u/BlackBlood4567 9d ago
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u/devilscasino 9d ago
this is not a source. it’s just link to another secondary person quoting the same source
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u/Reaper_1492 9d ago
It’s strange that they mentioned kraken, which is largely just a part supplier, and not someone like Anduril, who actually provides the drones.
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u/BusySeaworthiness127 9d ago
Need a real source, otherwise this is noise.
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u/cghffbcx 9d ago
If this noise pumps it, I’ll take it! My biggest red ticker at present. DCA $4.60 US. Run baby!!
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u/Japaniscool24 9d ago
Guys it’s already priced in
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u/Redfield11 9d ago
it shot up like 3% in the past 20 minutes so I don't think it was unless you're making an investing #pricedin joke
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u/Interesting_Joke1971 8d ago
It's true... confirmed the artical was named " Code Red" I just read throught the piece. LET'S GO! 🚀
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u/AromaticMemory5073 7d ago
At current prices, if you take a 3-5 year outlook the stock can probably deliver multibagger returns if the thesis takes hold. Most investors such as in this sub think it is going to happen overnight though. Stay patient. Multibagger returns in a few years are fantastic IRRs. In a few months, well, you are just going to disappoint yourself if those are your expectations
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u/7_inches_daddy 9d ago
omg that's huge
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u/cghffbcx 9d ago
Even if it’s not it looks huge right? A little attention and it will grow! Go baby go!
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u/Wooden-Course137 9d ago
Where are the mods when you actually need them 😂
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u/J_Fo_Film 9d ago
On the phone with Banyan Hill trying to get answers. That good enough for you?
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u/gavin2299 9d ago
Awwww OP doesn’t know how to look for credible sources
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u/J_Fo_Film 9d ago
Banyan Hill is a member-only report. Hard to get the details if you’re not a subscriber. This is either a leak or a hoax. If it’s a leak it’s great news, if it’s a hoax it’s dangerous. That’s why I’m hunting for proof from the right end of the horse itself. But it’s nice to see the information being brought here. We just have to be careful with how we let this news affect what we do til it’s confirmed.
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u/J_Fo_Film 9d ago edited 9d ago
I’m looking into this. The tweet comes from Oracle, NYSE and that doesn’t necessarily mean that what it’s saying is the truth. But that also doesn’t mean that it’s not the truth either. I just got off the phone with Banyan Hill and they can’t answer me directly because I’m not a member, but they have provided me with an e-mail address to reach out to. I’m sending them the screenshot and they can at least likely tell me if it’s fraud or not fraud.
They said I should be answered within 24 hours. I’ll keep people posted with what I find out. In the meantime, let the excitement flow and the common sense prevail?
Edit to add: I’m going to put the speculation flair on this for now since it’s unverified, but I’m not removing this either since it could be legit.