We're entering the dawn of a new era for forgotten tech. Cheap, legacy telco stocks are getting re-priced as AI infra, robotics & defense trades.
The trend started w/Nokia $NOK providing optical data services. They got reclassified as AI infra by the market and serve as the torch bearer for this trade.
i genuinely believe Blackberry $BB is next as Wall Street & Main Street wisen up to the idea that its a pick and shovel AI/robotics/Defense infra trade that ALSO has memetic potential due to its legacy roots. Essentially, $BB is generating free cash flow via 2 operating divisions: QNX (real-time OS for autos, EVs, robotics, and defense) and Secure Communications (government-grade, NATO certified & quantum resistant).
I bought long dated OTM $BB calls last week bc IV has ranged 41-62%. Although long dated OTM calls are not "cheap" in the traditional sense bc market prices these things super efficiently with black scholes...but it's speculatively cheap gamma with a ton of theta. 🍌
https://x.com/crypto_condom/status/2050520271451205872?s=46&t=hr2fbvcHJGpvp_SbDstdzg
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