Episode 969: I Got Another Margin Call.. Micron Dropping, Amazon, Nebius, Tenex Clinical Trial

**Martin Shkreli** (0:00)
Good morning, everyone. It's the last day of the month. Every fund manager's favorite. Maybe I should do a podcast and call it No Crying in the Casino. Good morning, good morning.
Matty O. Wow, Anon, Bushra, Tova, Oral, Mike. 51fiddy, Orion.
Orion, is that the same, is that the sheep? Mark, Hamas official, says group agrees to the latest ceasefire roadmap. Negotiate with terrorists? Hamas? Let's work Korean stocks. How does somebody get 4X leverage? Sounds like you don't come from Wall Street. Logo, Jerome Cat. What's up? Conformity, WaGwan, Diminuch, Peace Sheep. Good morning, good morning, good morning. How are you?
Thank you. Let's get to this money. Thank you, thank you, guys. Yeah, I heard Fauci tried to impersonate me. Why are they picking on Fauci, though? So Apple's down on a somewhat weak number, somewhat weak earnings results.

**SPEAKER_2** (0:53)
Oh, yeah, you can't really short in Korea, can you?

**Martin Shkreli** (0:55)
Trying to figure out how to short this one garbage Korean stock. Not a tech stock, actually. Well, yeah, I got a lot of views, I guess. That's cool. Make sure you like and subscribe. Because you didn't like and subscribe yesterday. I actually don't really care if you like and subscribe.
Doesn't change my day. Yeah, you guys have seen me call, call a JP.
You saw when they were pressing me for some margin. And I said, listen, I'm not paying that. Said, Mr. Shkreli, we got capital requirements here pretty serious. How does TBPN make money?

**SPEAKER_2** (1:25)
Don't worry about it.

**Martin Shkreli** (1:26)
My favorite Femboy.

**SPEAKER_2** (1:28)
He's lucky I'm in a good mood. Lucky.

**Martin Shkreli** (1:30)
Would you raise the price again? Right, I would. Let's see what's going on.

**SPEAKER_2** (1:34)
Most active.

**Martin Shkreli** (1:35)
OK, Replimune is up a lot on their positive adcom. I wonder if it fades.
I mean, I don't see how the FDA doesn't approve it, right? But I'm sure anyone is going to use it. AXTI is up 43% on a good quarter. General Fusion, NLite, let's ticker LASR. Interesting. Polarix, Therabian, I've never heard of these guys. Amazon's up 12%. We had a fun night last night on that one. Shorted it, covered, went long, sold it, traded like a banshee, at the end made $4,000. Woo, hooray.
But amazing, amazing growth. US, kind of insane, quite frankly.

**SPEAKER_2** (2:21)
All right, what else?

**Martin Shkreli** (2:22)
Losers, Bio Age.

**SPEAKER_2** (2:24)
Oh, yeah, I wanted to short this.

**Martin Shkreli** (2:26)
Oh, is that their IL-6? Is Novartis failed? Myriad, Glue, Roblox had a bad quarter. We shorted and gave up. Reddit, bad quarter.
Oof, I got out of this thing to focus on semis, but that's a heavy bag. I guess the DAUs were no bueno. Novo down 8% as well. Apple down 8%. Coinbase down 6%.
Yeah, a lot of heavy stuff. Micron's traded the most. Again, SanDisk number two.
Amazon and Apple have traded less than SanDisk and Micron despite reporting important quarters. Hynix is up 6%.
Meta's on the rebound as well. Nebius is up 8% on Amazon strength. I am short Nebius. Intel is up as well. Bloom is up a lot. Novo, Reddit, a lot going on today, actually. I'm just doing some paperwork. Uh, I'm not sure about Replamune. Who's superhuman? Why short Nebius? I mean, to be frank, just the cloud compute business is business. In one of these Neo clouds, you know, plugging in GPU for a third party. What happens when the third party doesn't want it anymore? Now you're the bag holder. You know what I mean? Yeah, rest in peace, KPTI. Isn't that drug FDA approved? I wonder what the liquidation value is. Except for Lambda Labs, of course. It's a very, you know, obviously right now business is booming, but yeah, I don't know if a token factory router business is worth $40, $50 billion, but Lambda provides the best GPUs at an affordable price. If you need a GPU, contact Lambda now. Shaz is like kind of a scam, scam co. Shaz is set up by a dude who like took over a casino or something, robbed a casino. Yeah, I think just because GPUs availability is zero now, doesn't mean that NeoCloud has become a great business. You know, there's still a lot of things that have to be settled over the long run. No, I'm bearish on Q. I shorted some. Weekend plans? I don't make plans. I'm not capping. wasting my time. You keep asking. Might as well short it.
It's got to be a stock if you're asking like that. I don't really have a position on Novo. No, I've never traded power markets. What are the best AI businesses? What are you asking me?