IREN earnings were weak, but the stock decline is an overreaction to its strategic decision to delay contracts for better pricing.

The fifth stock that I am going to take a closer look at, and I believe can benefit, is I rent. Now, this one took a massive hit. And I'm planning on doing a video later this week on I rent, but to me, I didn't like earnings a lot.

Uh just on the very top-level overview, many people are complaining that I rent is not announcing new deals, right? I think people complain that, "Hey, I rent says there's no point in signing deals right now, but it's because they can't get deals."

I don't think that's the case, and I think this is so weird because I feel like I rent is telling us what Nvidia has kind of told us a few weeks ago, but just because the stock price went down, it's bad, and and people say this is a bad stock.

I rent is pretty much saying the same thing. They're saying, "We don't want to lock in certain contracts right now because if we can get the GPUs ourselves, then we will be able to get better pricing, right?"

It was paraphrasing, right? Maybe the way the CEO explained it is different, but that's how I took it, right?

And if other players were were given a gift and stock prices reacted positively because of that, and Irena's being punished for it, I think that's a little bit weird.

There's other things I want to talk about with Irena in the other video. If you guys want to see it, let me know.