Applied Blockchain Inc (APLD)

[Tiger Money]

Yes it was and ENZC was a nice run too. I was fortunate enough to have both and to be disciplined to hold on (someone must have overtaken my body) as I have a selling problem when you double your money.... i was able to hold on and sold my last shares at $6.25 right after the reverses split on tsnp. i sold a decent amount of enzc after it fell to 50-60 cents and rode only about $50k worth back to ten. that was painful but the gain had been made so it was not as painful as it could have been.

Back to this gem, the investor base is COMPLETELY DIFFERENT but I won't really get my arms around that for a couple of more days. In full disclosure, I sold a decent % of my portfolio this morning after I kept seeing the new outstanding that will come into the float any minute. Not to mention, when the s-1 goes effective another 213 million shares will be added to the outstanding and float. I say any minute but we are realistically looking at 2 more months. That was why I was so excited to see the increase in outstanding all go to restricted. I wasn't sure how much could come into float.

With 7.7 million of float for likely up to two more months, there is no doubt this could go on a crazy short squeeze run. Who knows. Sometimes the pump and dump crews can bring wealth although they often feel like they bring pain.

Thoughts?