David Lin on $CRWV (Oct 31, 2026)

Well uh speaking of beaten down names and things that people hate people really hate corore we reweave right now. Can we just talk about Cororeweave and then I want to get into Micron then we'll talk about some other things before we close off.

But uh yeah, Cororeweave is another company with a lot of debt uh lot of big huge capex buildout and uh just highly levered. They're they're they're debt after you reach 15 16% in bond yield.

So core it did tag major support. We got a bounce off of it. You can see right here there's a gap fill and it was also a Fibonacci 886 retrace from this low to this high. So it did get a bounce.

Now, I'm watching, and I'm not in this right now, but I'm watching very closely. Does it hold this $51 level?

Cororeweave, I was in for the bounce. I'm out now just because again, this one, like you're saying, is a little bit of a trickier scenario because of their debt load. A lot of their debt is secured debt versus unsecured, which makes a little bit of a difference.

But either way, this is kind of the poster child for the don't be this company type scenario in this type of market. So for me, I'm staying away from it until I get more clarity.

I think the key is in a market where people are scared, best of breed is number one. Like if you're going to pick up tech, how do you not go with a Google or you know an Oracle, one of the bigger names, the versus taking more risk on something like Coreweave?

Because you could probably get 15x return instead of maybe three. I guess that's the only reason you would take on more risk. Yes. And you're right. And and is that possible in Cory?

Absolutely. But but you have to for me at least as as a more seasoned investor. I learned the hard way that more return when the loss can be even greater too is not always the best solution if you want to build wealth.