Wednesday, May 12, 2021 5:31:18 PM
I honestly don’t care. It’s liquid. But the financials aren’t hurting as much as the billion shares of dilution the funder doesn’t seem to care or know how to throttle. Mix that with the chart set up and the overall market turning over, it’s just hard to be a buyer here. I know the whole short squeeze to the moon HODL diamond hand Yolo Bros are on this but short interest remains meh, and they are trying to squeeze Billion shares converting 50% below the 30 day volume weighted average which means the moment they convert 50% below you right now, they can dump more for that immediate profit. Which is the spiral of death vortex you feel currently.
Unfortunately, they will likely r/s when it’s done because all of these CEO’s are the same “our ticker doesn’t belong down here” mindset so after buying billion shares that are constantly losing you money, and are likely down from $1+ they screw you one more time with an r/s to cut that remaining back in 1/10 (at best) ...
But on the bright side, you would have bailed out the company’s debt and made sure they kept their bonuses and fat salaries and will likely be trading at $10 per share (post split ) with 15% of your initial investment. Cheers
~ BOS
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