One of these will be the next ASTS: GRRR, RZLV, POET

Original Reddit post

Author argues GRRR, RZLV, and POET are mispriced like ASTS once was and could rerate sharply if execution improves.

GRRR — LONG The author argues the market treats Gorilla's revenue as fake or non-recurring, but it already has government and enterprise customers paying. If even part of the backlog converts to steady revenue, the current market cap looks far too low, enabling a fast rerate. The main risk implied is that the backlog may not convert into repeatable revenue.

GRRR – Market treats this like the revenue is fake or won’t repeat. But they already have gov and enterprise customers paying them. If even a portion of the backlog turns into steady revenue, the current market cap looks way too low.

RZLV — LONG The author contends Rezolve is wrongly lumped in with hype AI stocks despite doing real sales, a Microsoft partnership, and existing clients. Valued as if growth collapses, it doesn't need perfection for the stock to be wrong. The stated risk is that it is perceived as a hype AI stock.

RZLV – This one gets lumped in with hype AI stocks, but they’re actually doing real sales. Microsoft partnership, existing clients, and still valued like growth just falls off a cliff. Doesn’t need to be perfect for the stock to be wrong here.

POET — LONG The author argues years of R&D and dilution have burned investors so nobody wants POET, but if its optical technology gets adopted at scale, today's valuation looks tiny versus the upside. The stated risk is that adoption may not happen.

POET – Years of R&D and dilution have burned people, so no one wants to touch it. But if the optical tech actually gets adopted at scale, today’s valuation feels tiny compared to the upside.