Jonah Lupton: FirstWaveFund opens PENG position at $64 in premarket trading

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FirstWaveFund buys PENG premarket at $64

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Anastasiia Chabaniuk

08.07.2026

Jonah Lupton: FirstWaveFund opens PENG position at $64 in premarket trading — FirstWaveFund buys PENG premarket at $64

Jonah Lupton, investor and market commentator at Social Media / FinTwit, announced that FirstWaveFund has initiated a position in PENG at a price of $64 during premarket trading.

Lupton expressed appreciation for the opportunity created by market sellers and algorithmic trading, indicating the new position was established ahead of regular trading hours.

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Lupton has previously highlighted frustrations among shareholders regarding IREN's recent stock performance and management, noting technical signs of an oversold bottom. In an earlier commentary, he also cited Samsung's strong revenue and earnings growth despite a drop in share price and low valuation. His market observations often focus on price action and trading opportunities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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