Red Cat Holdings Inc (RCAT)

[investor2004]

If in fact crypto goes bullish next week and breaks past that 4200 resistance level everyone is talking about, I would also be praying they sold all of their mining equipment for sure if I was short in anticipation of a RS on this one! Ironically, if they sold some of their mining equipment now to cover costs and avoid a RS until the market comes back I would be VERY happy with that or at least to do a much smaller one. IMHO it was reckless to buy as much as they did and lay out the capital they did with the market down in relation to their total liquid assets and the large CEO salary. That put the company in jeopardy IMHO and maybe for once they finally made a good decision for the shareholders since everything up till now has looked to be about the CEO and not the shareholders or company. No idea if this is what happened but one can hope. Either way, without a RS for this long period of time I am becoming more bullish on TFVR. Especially with the signs crypto may be about to turn around. GLTAL.