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Hard To Figure APLD stock out.
Not sure what to assume with the action of late. Have seen 15k volume drop & rise this $1+. Have seen the volume come in heavy to ~100k then just evaporate soon after. There seems to be a bit of silence out of the company, no even the occasional tweet. I'm going to assume the retail interest here is not that big [ie. moving $350K through this stock yesterday] So there's heavier hands at play & really who knows what the trading endgame for them is. On the OTC side, APLD still hasn't fixed the Pink Limited, so that may limit some retail play as well. Strange week, we'll see if it gives it all back by Friday. A week ago we had days where 2 trades occured, bizarre world of low flaoters
Bottom In?
Looks like this week it may break that downtrend cycle. Guess the masses here are a bit disappointed, but this one is going to take time. And I think we all know it can go bottoms up, but at this point it's a measure of risk to reward. All the holders can do is ride the tide [suggest some look at the happenings on APLD, to see how the swings go]
Here for the boom or the bust, so not worrying about it daily. Eventually it pays or not, story of the otc dog races!
Interesting Open To The Week!!
I'm not sure what's caused the uproar and uptick, but there seems to be some chase going on here. The volume ramp over the last few sessions is quite interesting. Has anyone looked over the latest revisions to the S1/a?? Haven't had time to check if something material has been noted or changed in there!?! Solid uptick week so far, +66%, healthy volume & dollar value order flow. That was a quick spike into the mid 4s., didn't manage to see the size blocks that took it there. Likely helps that BTC is on the incline as well too!! Hope all is well with the crew on the board!
Congrats To You Long Troopers Here.
GMGI certainly delivered on what they promised by getting to the uplist point. Wasn't there for the full journey, but many good posters were on here that had plenty of insight. Wish it delivers the goods for all you longs since the R/S days. GLTA
NewJericho, know you are a data guy, how have uplists been performing lately? Know the time delays on them are excessive. But once they uplist how have they been faring, if you have knowledge. TIA
Gapping Up or Settling In.
Seems it's stuck in the $2 zone. Not sure, seems they've been a bit quiet of late. We shall see, NAS listing is applied for, S1 sitting, so we shall see. I expect to hear of another site soon. APLD has lofty goals of bringing 750MW online in 2022. So, shoot if they even hit half of that it's major. Got to like the established relationships they've developed with Bitmain/AntPool and such. We gap up when we hear some hash #s out of them! least 50% LOL
What's the story on ISWH, still a golden ticket?
Yeah Tiggs..
The opportunity here is a calculated risk, and with that risk the one thing no one can can't calculate is time. Phoenix/Munaf/Bijan/Cypher all have tons of things going on. Likely, TCRI is a backseat burner item until it's not. Got to just see where it levels out & becomes boring (like APLD) lol. There's going to come a point here, where this goes back to the days of sub $25K volume. Some will tire of it. Others will ride it out, this is the OTC wilderness, you lay your best hand on the table & hope for the best. All you can do!! hoping we see a post out of Potse on the ongoings, dude always has solid inputs! We shall see in time.
My TiggA!
You enjoying the big Swings LoL. Know many probably a bit shook still with no word out of management as of yet. got to remember retail is fighting over ~9m shares. Custo/RMs can take many months, this one for the patient.
Anyone Spot This.?.
Seems OTC has dropped APLD back to Pink Limited!
https://www.otcmarkets.com/stock/APLD/overview
What's strange is I cannot see the date of change here:
https://www.otcmarkets.com/market-activity/corporate-actions
This change had to occur sometime past the last share count pic on the iBox info around 2/8/22. Perhaps, a Quarterly is not up to date. Last was in Nov.
The Ole Waterfall Drop..
Sure to have taken out a few of the stop loss protectors out there in the OTC wilderness. Story remains, whether this occurs in 22, 23 or further. When you drop 500K to purchase a shell it's not for wall dressing. At the same time, it's likely a minor concern for Phoenix at the moment- too much "real" cash opportunities are in their lap at the moment, being public now or further on is only about timing. Still an 8K, 10Q should be around the corner. GLTA
Solid daily Dollar Volume continues on this ticker.
Sure Does Grouse..
Have to anticipate Jamestown II & the new Texas project to get going soon as well. Lots of projects out there.
https://www.linkedin.com/company/applied-blockchain-inc
Here's The Source On That.
Groundbreaking was 9/13/21, Ribbon cutting this week. ~5 month turnaround.
https://www.jamestownsun.com/jamestown-stutsman-development-corp-working-to-create-incentives
Not So Hock.
There hasn't been a trade on this ticker since 12/30/21, must have been something out of that 5th dimension you speak of. Maybe this will be alive in that 5th dimension sometime this year.
A Change For Sure.
Since the drop to $1.35, there has really been a bit of increased volume here. If you look at the daily trades going off, it would appear that there are many 1000+ share blocks that have exchanged. As well likely, smaller blocks that make up larger orders. If you look at the # of trades vs Trade Value, you can get a sense of the average size trade blocks. I like the increasing VWAP, going in the right direction. There's the outside force of another lull in cryptos as well at the moment. Looking for a break over $2.50, best we can hope for now.
Nice Run Off The Bottom.
1/31 APLD got hammered down to that $1.35 and has had a nice 69% run off the bottom. Volume has really began to come in of late & hopefully we hear about some new developments soon.
As for the roll call, yeah seems there are still a few here [ItalStallion,PennyStaIker,Chips428,Coolbeanss,Grouse Hunter,OceanDrive,KeepOn...7 so far with some lurkers likely] There's probably someone out there that has no idea this thing is in their burned out trading account & has resurrected after the custodianship. LOL
As for that R/S, I don't think it'll be something they reconsider as in truth it really more of what's the ideal NAS share structure. The current SS is not a fit there for a new entrant, so I think more than likely we'll see that 1:6. I do sense that S1 will create more liquidity even with the then available float slipping to 1.2M. After all it's an IPO listing, not just an uplist. Should be interesting. I'm still a bit cautious on the market cap. You see all the other more established players in the game & some have less of a cap than apld now, that is a bit worrisome. We shall see.
Site Buildout..
Hmm, http://phoenixtech.org/crypto-mining-rigs/ Not linkable on site top page [http://phoenixtech.org/], but good to see. Mining & Hosting Infrastructure buildouts on that $650M order likely has began. Price well supported above $1.50, expecting a rip soon. 30%+ GLTA
.
For Sure Chips..
The flock has thinned, still stand by the limited roll call amounts here LOL. 10-15 at most. Volume has been impressive of late. $2.48 even printed today. As well as a $50K Trade. See their twitter is showing clips of the Jamestown I facility getting online. Figure some PRs/News ahead. You can tell by other public disclosures of some things.
Good Reads On The Infra/Host Space
https://www.theblockcrypto.com/post/133602/compute-north-raises-385-million-bitcoin-mining-infrastructure
https://fortune.com/2022/02/10/texas-world-capital-bitcoin-mining-companies/
https://www.benzinga.com/pressreleases/22/02/ac25586630/solminer-which-offers-asic-hosting-services-in-usa-expands-their-electrical-capacity-and-infrastr
https://austonia.com/core-scientific-goes-public
https://seekingalpha.com/article/4486096-crypto-rally-marathon-digital-best-bitcoin-mining-stock
Some Relative Readings..
https://www.theblockcrypto.com/post/133602/compute-north-raises-385-million-bitcoin-mining-infrastructure
https://fortune.com/2022/02/10/texas-world-capital-bitcoin-mining-companies/
https://www.benzinga.com/pressreleases/22/02/ac25586630/solminer-which-offers-asic-hosting-services-in-usa-expands-their-electrical-capacity-and-infrastr
https://austonia.com/core-scientific-goes-public
https://seekingalpha.com/article/4486096-crypto-rally-marathon-digital-best-bitcoin-mining-stock
Hmm, got to question how APLD really fits in here with these others.
Ghost Board Of Late,
Seems it's really been a ghost town here. Alot of the old posters have seemingly moved on or gone silent. You go back a year & there were many players still with a voice & thought on it. Thinking there maybe less than 10 to 15 posters left on this ticker. Know CoolBeens ready to ride or die here LoL.
That S1 is quite an overhang with the possibility of an R/S. I kind of have my apprehensions about saying APLD should be valued at 1/4 of say RiOT, MaRa, others. In the end it maybe that these companies will be judged on MW/GW capacity & pipeline as well as BTC produced. TCRi seems to have more upside at the moment as their hosting/mining potential is already established if Phoenix brings that business in, it should be worth way more than APLD. We shall see. ISWH is another one to keep an eye on.
Not Sure Big Bird Hunter..
By prior sources, Riley Investment Management LLC had previously held 904,389 shares. They upped their size to 1,065,540. So they likely added in open market.
Bryant R. Riley now has 14,602,486 in personal holdings of APLD. I'm guessing this is outside of the Riley company.
"shareholders who acquire more than 5% of the outstanding shares of that class must file beneficial owner reports on Schedule 13D or 13G until their holdings drop below 5%."
If you want the real nitty gritty [https://contracts.justia.com/companies/applied-science-products-inc-11724/]
I don't suspect these as shares as payment for services rendered. But it's good to see that Riley is fully tied in. And another thing,capturing 1M of this on the open market will not be easy for any entity. If they have already done open market capture it's one thing but volume here might make it a 1 month project. There "should" be only 7.7M shares out there possibly for capture. This one's taking it's lumps, but maybe the market cap is where it should be! Really hard to assess it on a value point, say vs. others in the space.
AndroDuster.
Welcome to the 15 Year club, there are others with your longevity here. The pile of crap was fossilized, it briefly thawed, was quickly refrozen & actually may have warm sunshine heat it up again on 3/1.
Supposedly, a new counsel will be appointed. And who knows what happens after. This never got off the Caveat Emptor, even though alot of documents were submitted. Maybe the *hit will rise again. Hold your breath.
Hopefully In Time..
we'll begin to see blurbs about APLD in this manner.
https://finance.yahoo.com/news/bitcoin-miner-iris-energy-reports-224211339.html
https://www.thestreet.com/investing/bitcoin-miners-have-found-a-new-paradise-and-its-in-the-u-s