Applied Digital Corporation (APLD) Quote

Wow, I appreciate the information! I'm interested in CORZ+CLSK long term but don't have any positions. They seem like promising miners, with HPC being a pro for CORZ. With positions that trade sideways like AMD it might be a good idea for me to try some of these advanced strategies to profit. I regret not buying puts months ago, but figured they'd be back to 200 by now.

For the most part I only have ITM leaps because they feel hands off, and I don't need to actively monitor what's happening with the underlying's price.

aBeezlee, Buying naked Call options is risky because they can expire worthless and you lose the money you paid for them.

On the other hand, selling covered Call options against stock you own is very safe, assuming you set the exercise price higher than your cost basis. Selling Call options is a way to generate cash income without selling the stock.

First, you get paid in cash when you sell the option, which temporarily encumbers the stock. You can not sell your stock while the option is in effect. If the option finishes "in the money" the option gets exercised and your stock gets sold, hopefully, at a profit but that depends if you set the exercise price correctly. Also, if the option price drops you can buy back what you sold to free up your stock, instead of waiting for the option to expire or get exercised.

The Absolute Best Case Scenario is that the stock price never reaches the exercise price and the option expires worthless. Then you are free to sell the option again. Wash, rinse, repeat. Selling Call options that expire is how I have made most of my profit. Occasionally I might get it wrong and my stock gets sold in which case I make a profit on the sale. Then I just wait a week or so, watch the movement of Bitcoin, and end up buying the same stock at a cheaper price, or maybe a comparable stock. Then sell some more options and repeat the process endlessly. I use the cash profit I earn to buy more stock so I can sell even more options; Press the Bet by averaging down, never average up.

I am invested mainly in Bitcoin Miner stocks. The most interesting feature of these stocks is that they follow the price of Bitcoin and also follow the stock market action. That provides more volatility and better opportunity to sell for profit. The VIX indicator shows whether the volatility is higher or lower and the best time to sell. Essentially, I am just "surfing" the volatility in the market, and it is far higher among the Miner stocks than the mainstream market.

It is my goal to hold onto my stocks for substantially higher prices in 2025. So I am very careful to sell the options at a exercise price that wont get reached. Many stocks do not have options traded on them, Some have options that trade on a monthly schedule, and fewer yet have options that trade weekly. I buy the stocks that have weekly options because it gives me more control.

Stock options, Calls and Puts, are a form of derivative. They were invented in the 19th century by Russell Sage with support from J.P. Morgan, who once said "No one ever went broke taking a profit."

Good Luck.

I havent tried cc strategy before, all I buy are leaps. Aren't covered calls high risk?

Suggestion: I have 2000 APLD at $5.83. And I am absolutely not going to sell at a loss.

So I sold some $7 Call options out to Jan 17. And I collected about $1100 cash for the premium

If it reaches $7 by Jan17 then the position will get sold and I will make a tidy little profit. And I will be very satisfied.

If not then the Call options will expire worthless and I can sell more Call options in January 2025, make some more cash..

The point being there is a way to play this stock and make some immediate cash without taking a loss, IF you're willing to hold long term.

I make my money by selling covered Call options against my portfolio. .YTD I have made over $24K on a $60K position of all miner stocks.

If you are suffering with a stock in the red why don't you check out this strategy? It just might ease your frustration.

Anyone can explain the pros this company has over others in the space? Doesn't appear to be a first movers or technological advantage.

its a rotten system


stock market is a vehicle for big money to take from the little people

$5.70 hod was close to breaking to next zone

And here we go again! 🚀

It’s nice to dream @ $5.10 as the casino likes those that take on lots of debt $170 million worth. It’s what makes the new America 90% in debt to the 10% wealthiest credit cards mortgages auto loans student loans that’s why you being all the immigrants in. These immigrants clueless about the New American dream it’s all about making them pay interest.
Same goes for penny plays then they dump..lol

in your dreams

6.84- 7.14 would be nice

Break $5.16 then 5.46 possible liking because NVDA needs data space and a contributor

More debt is what the casino wants $160 million worth. lol

uh oh you sick ?

Uh oh

NEWS APLD 4.44 https://www.wsj.com/tech/ai/nvidia-and-other-investors-back-applied-digital-with-160-million-in-funding-76157532

Why is there no talk about the newest review
Roth MKM adjusts target price to$11 from $8

got in...
not big.

This stock has made a really good move since the beginning of May.
But this looks like an obvious phony pump to me.
I assume the rally is based on their recent announcement of the formation of a wholly own corporation called Applied Digital Cloud Corporation.
Apparently their strategy is to build giant data centers to tap into the massive need for High Performance Computing to support A.I. Well that is a great plan on the face of it. And there are lots of players moving in the same direction.
Do they own the land needed to build the infrastructure? They are going to need a lot of power and the lead time on those giant transformers is more than a year and getting longer. Then they need to purchase the computer hardware. The top-of-the-line Nvidia units are selling for more than $40K each and they are going to need tens of thousands of them.
So where will they get the money? They are going to need more than a Billion dollars to pull this off and it is going to take about two years to complete the plan, BEFORE they can make any income. And will they be competitive with the major players, like AWS, Google, Microsoft, and dozens of other players?
So where are they going to get the money? I know they are not a player in the Bitcoin Mining biz. Will they sell more shares? Or maybe borrow the money?
Given the upfront cost and the competition I don't think the prospects for success look very good at all.
I think this is just a phony move to pump the price of the stock so the insiders can either sell the company or exit with a Golden Parachute. And it looks like they have succeeded in that.
As a shareholder, I really don't like the look of this at all. This is just my opinion.
Good Luck to All Longs.

Unmet reservoir
amazon to build 11B data center in Indiana. APLD in ND

why no talk on MARA deal in the cc

relax - APLD coming around the mountain

scratching a little, hoping one day this year will make 5k to 50k and more

man no downgrade - seems they are going to run it up -

APLD had Total Debt 103.97M and that is now reduced to $42.8 million. Total Revenue: $42.2 million, that is a 242% increase from the second quarter of 2023. Net Loss: $10.5 million, is a major improvement from a net loss of $26.8 million in the 2nd QQ of 2023.
Ended the quarter with $34.6 million in cash and equivalents.
seems market over reacted without considering the detail. of the 13M dump today, mostly retail and day trader. no institutional dump.

31.72% % of Shares Held by All Insider
54.30% % of Shares Held by Institutions
79.53% % of Float Held by Institutions

conclusion APLD doing good to better and - of course buying back is a better option during the next week or two volatility.

for now sold all apld with some profit.

strangely no downgrade - may show up latter

Are they cheapies still? Trying to figure of if I jump in front of this thing. Thanks

so low premarket volume suggests forced sell at lower SP, the premarket SP down likely to reverse in regular session
Consolidated Last Sale $6.11 -1.38 (-18.42%)
Pre-Market Volume 541,606

yap better than expected BTE Q-result is the key and market knows that and working accordingly, They turning and turning the spring and forming super coil, Now it will break below 5s or go-up beyond mesosphere. today is the last day for cheapies.

If they deliver BTE Q-result on the 16th then $25 before next Q- earning release - not unexpected. this may turn into a beast mode at some point starting next week. expect to see it crossing $100 by Dec 2024

From $MARA press release:

In December, approximately 8,900 of Marathon’s Bitcoin miners (c. 0.7 EH/s) were energized at Applied Digital’s facility in Garden City, Texas. This energization helped increase the Company’s operating fleet* by 7% to approximately 199,200 Bitcoin miners, theoretically capable of producing approximately 24.7 EH/s, according to the manufacturer’s specifications as of December 1, 2023.

Whenever possible buying this at and below $10, in a year this going to be $100+, Qly rev. growth 400%+, every AI crypto block chain and everything in between need storage and APLD sitting at the center of that revolution and growing at reasonably fast speed.

SP has been moving up nicely as of late.

APLD share price had Ascending Triple Top Breakout today on 27-Dec-2023.

Entered Day Order to buy at $7.58 for tomorrow. I have little information about this company. I would appreciate learning about it. TIA, Happy New Year 2024, & GLTA

BLOCKCHAIN play 2024

Thanks for sharing that video. Very interesting.

I have been an owner of Applied Blockchain for most of 2023. It is one of a few Bitcoin Miner stocks that have Call Options that expire weekly. So I have been able to generate constant cash income to expand my further investments.

I have been speculating on crypto since 2017. When I started there were about 1200+ individual cryptos, and now there are about 14,000. I made a great deal of profit day trading other cryptos as Bitcoin ran up to $64K. Then when it crashed I lost about half of my profit. It has been painfully obvious since the beginning that all cryptos follow the movements of Bitcoin. And that the vast majority of crypto are "shit coins" not worthy of owning.

About the time that Bitcoin fell hard I became aware of the bitcoin miner stocks, and the financial problems there were having. I discovered the near-bankrupt Core Scientific (CORZQ) and bought a boat load of it at around a dime and sold it at 70 cents. That experience made a believer out of me that playing the miner stocks was a much more lucrative way to go than trading the crypto directly.

So now I am focused on just a few miner stocks that have Call Options that expire weekly. I really like the regular flow of cash. I also have some other miner stocks that are very cheap and are long term speculative plays. I am convinced that most of the crypto market is a very close analogue of the penny stock market, where I learned my skill set. Instead of issuing more paper stock they just issue electronic coins; basically the same process.

Good Luck to everyone who reads this post.

https://www.newswest9.com/article/news/local/200-megawatt-data-center-opens-in-garden-city/513-4808d8eb-7182-4e7a-a78c-1ab895ada46c

Turn on the climb switch and this ladder be ready for everyone to climb high and higher high

whales lobtailing on APLD - watchout APLD may not survive ...or....live

AI companies to grow and prosper need DATA CENTERS companies to grow faster, and APLD is a fast growing data center provider.
APLD at current price is a steal, in a year or two it will go past $100 -$150.

this must be big
signed two massive deals: a 24-month deal in May worth up to $180 million and a 36-month deal in June worth up to $460 million. Nvidia also recently added Applied Digital to its elite Nvidia Partner Network.
As a result, it expects to generate $385 million to $405 million in revenue in fiscal 2024 (which ends next May), which would represent 595% to 631% growth from its $55 million in fiscal 2023.

is "Applied Blockchain Inc" and Applied Digital Inc same company. did they merged or changed name.

$APLD: labeled "An embarrassing and predictable stock promotion"

https://wolfpackresearch.com/research/apld/

I have no immediate opinion on $APLD, it could be 100% legit...

...but the issues cited will sound pretty familiar to anyone who's ever performed honest DD on a sub-penny OTC scam.

Whichever way it goes, GLTA

Applied Digital Corp NASDAQ: APLD

GoSymbol lookup
Information Technology : Software | Company profile
Applied Digital Corporation designs, develops and operates datacenters across North America to provide digital infrastructure solutions to the high-performance computing (HPC) industry. It also provides substantial compute power to blockchain infrastructure and supports Bitcoin mining. It collaborates with local utilities to solve the problem of congestion on the power grid while stimulating the development of additional renewable energy. It operates co-hosting facilities that are designed to provide computing power in which its customers lease space and access to electricity primarily designed to mine crypto assets. Its datacenters primarily host servers securing the Bitcoin network but can also host hardware for other applications such as artificial intelligence, machine learning and other blockchain networks. Its datacenters are hosting sites for HPC applications that offer high compute power solutions. Its co-hosting facilities are in Jamestown, North Dakota and Garden City, Texas.
Applied Digital Corp NASDAQ: APLD

GoSymbol lookup
Information Technology : Software | Company profile
Applied Digital Corporation designs, develops and operates datacenters across North America to provide digital infrastructure solutions to the high-performance computing (HPC) industry. It also provides substantial compute power to blockchain infrastructure and supports Bitcoin mining. It collaborates with local utilities to solve the problem of congestion on the power grid while stimulating the development of additional renewable energy. It operates co-hosting facilities that are designed to provide computing power in which its customers lease space and access to electricity primarily designed to mine crypto assets. Its datacenters primarily host servers securing the Bitcoin network but can also host hardware for other applications such as artificial intelligence, machine learning and other blockchain networks. Its datacenters are hosting sites for HPC applications that offer high compute power solutions. Its co-hosting facilities are in Jamestown, North Dakota and Garden City, Texas.

DALLAS, June 23, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure that is designed for High-Performance Computing (“HPC”) applications, today announced that its recently launched AI Cloud Service, through its wholly-owned subsidiary Sai Computing, has secured its second AI customer with an agreement worth up to $460 million over 36-months.

Applied Digital celebrates energizing of facility in Ellendale, ND
Applied Digital hosted a ribbon-cutting ceremony Friday, June 16, for its data center that is located about 1 mile west of Ellendale.

ELLENDALE, N.D. — In less than two years since breaking ground on its first facility, Applied Digital Corp. has constructed two data centers in North Dakota, but the future is even better for the company, according to CEO Wes Cummins.

“Before we hit the two-year mark of breaking ground on our first facility, we will have put almost 500 megawatts of data center capacity online in less than 24 months,” he said. “I don’t think you will find another startup or even maybe another company in the world that has done that amount of capacity in that amount of time and that’s great.”

Applied Digital, which is headquartered in Dallas, hosted a ribbon-cutting ceremony Friday, June 16, for its data center that is located about 1 mile west of Ellendale.

Applied Digital designs, develops and operates next-generation data centers across North America to provide digital infrastructure solutions to the rapidly-growing high-performance computing industry, according to its website.

The 180-megawatt facility in Ellendale is Applied Digital’s second in North Dakota along with the facility in Jamestown that went online in 2022. Cummins said the Ellendale facility currently has around 160 megawatts online.

“A few weeks from now, we will be fully loaded at 180 megawatts,” he said.

Applied Digital entered into a five-year energy service agreement with Montana-Dakota Utilities Co.

“We believe it’s a good thing for Applied, it’s a good thing for our customers in North Dakota, it’s a good thing for our company and shareholders,” said Nicole Kivisto, CEO of MDU.

The project provides an array of benefits to the Ellendale area, the transmission grid, Montana-Dakota customers and MDU stockholders, according to a news release from MDU. The data center provides new property tax revenue to Dickey County and helps lessen congestion on the power grid in that region of North Dakota.

The revenue to Montana-Dakota will be shared between its North Dakota customers and the company as outlined in the energy service agreement. Customer benefits will be via credits on their monthly bills.

Cummins said he spoke to officials from the Bank of North Dakota and the Public Service Commission in December about the potential for North Dakota to be at the center of the artificial intelligence revolution.

“We've started signing contracts for that and we are going to expand here at Ellendale hopefully with that as well,” he said. “There is a whole new revolution of compute power coming. North Dakota is going to be at the center of that. Applied Digital hopefully is leading the way.”

The data center includes 10 buildings — most around 500 feet by 50 feet — and another for offices, a warehouse and its support center. The buildings host about 55,000 mining machines.

The company’s data center currently has 24 employees, said Nick Phillips, executive vice president of hosting operations and public affairs, after the ceremony. He said the company plans to have 29 total employees at the data center in Ellendale.

“If we do an expansion here, we might get as much as 60,” he said.

The mining machines mine Bitcoin, Cummins said after the ceremony.

“But, we’d like to expand AI (artificial intelligence) here,” he said.

Rep. Jim Grueneich, R-Ellendale, touted the economic impact that Applied Digital has brought to Ellendale. He said he knows people who are moving back to Ellendale for work.

“We are going to revitalize these small communities and it’s important for rural North Dakota and small-town America,” he said.

Next generation data centers open significant opportunities for the future diversification of the state’s economy while providing new jobs for Ellendale residents, said Gavin Miller, constituent services representative for Sen. Kevin Cramer, R-N.D., who read a letter signed by the senator.

“With North Dakota’s wide open spaces, abundant energy and ideal climate, there is a bright future for additional development within our state,” he said.

For more than 20 years, officials have worked to build a vibrant technology sector in North Dakota by creating the right business climate that promotes investment and innovation, said Phillips, who read a letter signed by Sen. John Hoeven, R-N.D.

“As a result, technology is serving as the third wave of our state’s economic growth following expansion in agriculture and energy,” he said. “Applied Digital’s new facility builds upon this progress providing important infrastructure and computing capacity to support a variety of applications across industries.”

Jamestown facility
Cummins said Applied Digital has expanded its plans for the new facility in Jamestown that will host high-performance computing applications such as natural language processing, machine learning and other high-performance computing applications developments. He said it will now be a 9-megawatt facility instead of 5 megawatts.

“A portion of the capacity turned on last month, and the remainder of the capacity turns on by the end of the year,” he said.

Applied Digital recently announced that its Jamestown facility successfully passed the integrated systems test for its first 200 kilowatts of high-performance computing equipment and systems.

The integrated systems test is the final step in ensuring that all systems, including powered equipment, operate in accordance with the design intent, according to a news release on Applied Digital’s website. The test verifies the performance and reliability of the systems under load, including power cuts and serves as a crucial evaluation that determines whether the design, equipment selection and construction meet the expected performance standards, ensuring optimal reliability and high availability.

Applied Digital Announces Successful Integrated Systems Test at Jamestown, North Dakota Facility for HPC Deployment

DALLAS, June 12, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced that its Jamestown, North Dakota facility successfully passed the Integrated Systems Test (IST) for its first 200KW of HPC equipment and systems.

The Integrated Systems Test is the final step in ensuring that all systems, including powered equipment, operate in accordance with the design intent. This comprehensive test verifies the performance and reliability of the systems under load, including power cuts. It serves as a crucial evaluation that determines whether the design, equipment selection, and construction meet the expected performance standards, ensuring optimal reliability and high availability.

“This is a pivotal step for the Company as we continue to build out our ultra-efficient HPC digital infrastructure,” said Applied Digital CEO and Chairman, Wes Cummins. “This has truly been a company-wide effort and reaffirms our confidence in our datacenters’ reliability and performance for customers. This is a significant proof-point of a process we started over a year ago with a proprietary datacenter design to serve high power density workloads in purpose-built digital infrastructure. We are excited for the future and look forward to the successful development of phases 2 and 3 in the same building that are currently underway and are expected to be fully operational by the end of the year. With the significant amount of demand we are currently seeing for this style of digital infrastructure, we expect to continue to build out our current capacity pipeline to over 200MW. In addition to providing colocation capacity, our digital infrastructure is an important differentiator for the new Cloud Service offering through Sai Computing, our wholly-owned subsidiary.”

Awesome. Glad to hear. I have watched this run and it is overdone but you never know that is why I would like to straddle it when options become tradable on this puppy

I held most of it. But glad you made some $ on it.

I sold at $5 on my second round of building a position after the first time I screwed up and sold too early on my first position. Either way I made $ but could have made double if I would have originally sit tight. I am waiting for options on this to buy a straddle and some additional put options on top. This should be a $3-4 stock. How have u been doing?

Hey Tiger. I remember you buying this early on pre-reverse split. Did you hold any for the recent run up?