U.S. Seeks to Give Weapons-Grade Plutonium to Start-Ups for Fuel - The New York Times
Energy
The U.S. DOE has selected Oklo for advanced negotiations under the Surplus Plutonium Utilization Program, giving the Sam Altman-backed startup a potential pipeline to weapons-grade plutonium as reactor fuel. This is a meaningful commercialization catalyst for Oklo, but the stock has already spiked 4.3% today on heavy insider selling backdrop.
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↓ SHORT-8% target+5% stop1-2 weeks tactical
Fade OKLO near-term — DOE news is real but stock is up 4.3% into 14 insider sells in 30 days with no published price target to anchor upside.