Fermi Inc just suffered a catastrophic 34% crash, closing at $10 just two months after its hot IPO. The catalyst? The mysterious "Anchor Tenant" behind its massive Project Matador suddenly walked away, terminating a vital $150 million funding deal. In this episode, we break down why the "trust me" phase is officially over, whether the company is now just a land developer with no customers, or if this massive drop creates a rare entry point for their valuable energy permits. Tune in to decide if Fermi is a bargain or a falling knife.