Author · brief 2026-08-16

@AlexfromBabylon AlexfromBabylon

High-conviction anon retail analyst all-in on a concentrated space/AI-infra small-cap basket

Writes original, mechanistic long theses and forward buy/hol

trader score
-2.42
hit rate
30%
mean α
-1.70%
signals 14d
53

Grade = how their written analysis reads (A best). Trader score = how their last-20 timestamped calls performed vs SPY. · Analyst brief as of 2026-08-16.

Their picks, scored

Across their last 20 scored bets: 30% hit rate, -1.70% mean alpha, trader score -2.42. Their last-14d mentions, direction-adjusted, have moved -7.3% since posting (mean over 46 mentions with price data).

ASTS conviction endures as NBIS capital rotates into IREN

The author remains heavily bullish ASTS and reported reallocating part of an NBIS position into ASTS and IREN. The distinctive view is that Starlink competition strengthens ASTS's wholesale MNO architecture, while NBIS and IREN offer superior neocloud exposure versus CRWV. Late in the window, the author trimmed NBIS by 15% and added to IREN and ASTS without abandoning the long-term NBIS thesis.

Disclosed book3names the author says they hold — positions, not commentary
LONGASTS55 sigsLONGNBIS26 sigsLONGIREN13 sigs
Themes3analyst read · 2026-08-16
Satellite connectivity architecture and launch execution
mixedfading83 signals
⚠ 66% of theme signals are ASTS — flag pump risk
Neocloud capacity economics and strategic differentiation
mixedintensifying40 signals
⚠ 65% of theme signals are NBIS — flag pump risk
IREN valuation and AI-cloud operating leverage
bullintensifying39 signals
⚠ 67% of theme signals are NBIS — flag pump risk
Hypotheses11what the author said, ticker-anchored — ✓ skin = disclosed position behind it
claimtickerdirstrengthsignalsskinthemereceipt
IREN warranted additional capital funded by trimming 15% of the author's NBIS position.IREN1.003IREN valuation and AI-cloud oper
IREN can become meaningful AI-cloud infrastructure capable of supporting future model training.IREN0.242IREN valuation and AI-cloud oper
IREN is undervalued near book value as AI demand improves its outlook despite prior dilution and weak communication.IREN0.225IREN valuation and AI-cloud oper
NBIS capacity growth, pricing and short payback periods validate attractive data-center economics.NBIS0.156Neocloud capacity economics and
NBIS project progress remains intact despite permitting friction and a low-cost stop-work penalty.NBIS0.122Neocloud capacity economics and
NBIS is a preferred long-term neocloud operator, supported by owned infrastructure and flexible capacity contracting.NBIS0.105Neocloud capacity economics and
ASTS launch bookings, satellite targets and funded defense awards materially reduce execution risk.ASTS0.096Satellite connectivity architect
ASTS revenue and valuation should far exceed conservative cases, supported by mobile, IoT, defense and MNO opportunities.ASTS0.074Satellite connectivity architect
CRWV has an inferior long-term neocloud strategy relative to NBIS and IREN.CRWV0.043·Neocloud capacity economics and
RKLB Neutron's first launch likely slips into 2027 as production, integration and testing constrain timing.RKLB0.023·Satellite connectivity architect
ASTS wholesale MNO architecture gains strategic leverage as Starlink becomes a stronger competing operator.ASTS0.024Satellite connectivity architect
Direction this week

ASTS conviction remained consistently bullish and highly concentrated, with the author adding capital late in the window; its 74% share of the satellite theme warrants a pump-risk flag. IREN conviction intensified through a funded addition, while NBIS conviction faded at the margin after a 15% trim despite the author retaining a bullish long-term thesis. RKLB remained the principal bearish or cautious satellite call because of expected Neutron delays.

Per-ticker coverage9positions first, then by signal count
tickersignalssentimentcallsposnewsactionalignment
ASTS55+0.61211long call✓ long (has position)
NBIS26+0.49122long callmismatch
IREN13+0.53010hold disclosed✓ long (has position)
RKLB12+0.19000neutral commentaryneutral
SPCX10-0.30101short callno position bear call
TMUS6+0.14100tacticalneutral
VSAT4-0.17000neutral commentaryneutral
MDA2+0.50000bullish commentarycommentary only
CRWV1-0.85000bearish commentarycommentary only

Alignment separates skin-in-the-game from commentary: ✓ = the author discloses a position consistent with their talk; “call (no pos)” = directional call without a disclosed position; “commentary” = opinion only.

Position disclosures4skin in the game
NBIS Referenced commentary summarizes an existing NBIS position, with sizing and entry timing unspecified. unclear
ASTS Reallocated part of a 15% NBIS trim into ASTS while retaining strong long-term conviction. added
IREN Reallocated part of a 15% NBIS trim into IREN while retaining strong long-term conviction. added
NBIS Trimmed the NBIS position by 15% but retained a strongly bullish long-term thesis. trimmed
News / data points2discrete events + data the author reported
NBIS NBIS raised its end-2026 capacity guidance from 4 GW to 5 GW.
NBIS A legal victory appeared to secure the first phase of a 100 MW project.
Best hypotheses5their highest-scoring claims in our index
FCC references to existing T-Mobile agreements indicate a deeper ASTS carrier relationship that could add material unmod
bullMEDIUM5 co-supporters
MRLN's C-130J Critical Design Review with USSOCOM is a discrete positive milestone that de-risks the autonomy program.
bullLOW10 co-supporters
Neutron is unlikely to launch during 2026 and may slip into mid-2027 as production, qualification and integration timeli
bearMEDIUM6 co-supporters
Montega’s AUD18 target raise and Buy rating provide external validation for upside after the order and JV announcements.
bullMEDIUM2 co-supporters
Funded U.S. awards and sovereign demand could develop into recurring multibillion-dollar defense and government revenue
bullHIGH5 co-supporters
Recent signals15receipts included
date (PT)tickerauthorsentwhat they saidsince thenreceipt
2026-08-28ASTS@AlexfromBabylon+0.15Speculates ASTS will eventually replace Indian composite deliveries with in-house production.
2026-08-28IREN@AlexfromBabylon+0.80Buying as much IREN as possible without reducing core holdings. — Explicitly says the author tried to buy as much IREN as possible while preserving core positions.
2026-08-28NBIS@AlexfromBabylon-0.65Calls investing in small, unlevered neoclouds such as NBIS and IREN an unwise idea.
2026-08-28IREN@AlexfromBabylon-0.65Calls investing in small, unlevered neoclouds such as NBIS and IREN an unwise idea.
2026-08-28IREN@AlexfromBabylon+0.65Dismisses bearish social-media claims and urges attention to positive real-world signs.
2026-08-28IREN@AlexfromBabylon+0.65Says IREN's capital flywheel is visible and awaits market recognition.
2026-08-27IREN@AlexfromBabylon+0.25Positively endorses IREN recap content without restating details.-12.5%
2026-08-27NBIS@AlexfromBabylon+0.80Doubled IREN and expects a 3x-plus return before end-2027. — Discloses doubling IREN with explicit portfolio weights and long-term targets.-4.3%
2026-08-27IREN@AlexfromBabylon+0.90Doubled IREN and expects a 3x-plus return before end-2027. — Discloses doubling IREN with explicit portfolio weights and long-term targets.-12.5%
2026-08-27CRWV@AlexfromBabylon+0.30Doubled IREN and expects a 3x-plus return before end-2027. — Discloses doubling IREN with explicit portfolio weights and long-term targets.-3.0%
2026-08-27ASTS@AlexfromBabylon+0.65Mocks ASTS bears as poorly informed, expressing a bullish stance.-5.5%
2026-08-27IREN@AlexfromBabylon+0.15Cites IREN's FY27 capex forecast of about $25B-$30B.-12.5%
2026-08-27IREN@AlexfromBabylon-0.30Questions whether major capacity is delayed until Q4 2027.-12.5%
2026-08-27NBIS@AlexfromBabylon+0.80Argues NBIS retains substantial 2027 enterprise capacity upside while awaiting IREN execution.-4.3%
2026-08-27IREN@AlexfromBabylon+0.20Argues NBIS retains substantial 2027 enterprise capacity upside while awaiting IREN execution.-12.5%

Grade is our human read-worthiness rating; trader score is a rolling 20-bet hit-rate/alpha composite — different things, often disagreeing. “Since then” is direction-unaware in the table; the summary line above adjusts for which way they leaned.