Oklo Lands DOE Plutonium Deal To Turn Surplus Material Into Bridge Fuel
Energy
Oklo secured a DOE selection for advanced negotiations to convert surplus Cold War plutonium into bridge fuel for its advanced reactors, removing a key near-term fuel supply constraint. The stock is already up ~4% on the news and trades at elevated valuation with 14 insider sells in 30 days — the catalyst is largely priced in and smart money is distributing.
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Angle
↓ SHORT-10% target+7% stop2-4 weeks
Fade OKLO here — news is 1-day-old, insider distribution is heavy (14 sells, 0 buys in 30d), and the stock has already popped 4% on what is a negotiation selection, not a signed contract.