Applied Blockchain Inc (APLD)

[KingsKnight]

The Magic of OTC..
In all honest truth, the only place you are able to make these exponential gains are on the OTC. Folks new to these swamplands are easily shook, there is rampant massive swings that make many lose their $hit. There is a bit of fortitude that has to be either straight idiocy or incredible luck that sometimes get pegged to winning with OTC issues. I'm a big fan of the custodial plays & over time have found them to offer the greatest level of success to risk ratio. The key usually is to find solid share structures that can offer a substantial run [10x] and then still be at a low market cap [sub 30M] At the onset, APLD was a perfect custodial play. Low O/S, low cap. With the share structure scaling up & many unrestricted getting put into the public markets once the S1 hits, there's sure to be many that get shaken. Profit is never a bad thing, but no one wants to be the guy that sold BTC for $6. But only in the OTC swamplands can you achieve these 10x-100x potential payouts...and now the SEC basically put that action on ice with all their new regulations & their brokers as henchmen..
I will stay long on APLD, but certainly understand the OTC risk. Maybe a new exchange gets this on the RIOT/MARA levels. As for the P&D crew, once stocks cross $1 on OTC it's rare to see massive action. The P&D lot like the subs to pennies..Do look into Majic Wheels though.

Tiger Money Member Level Tuesday, 08/31/21 11:57:08 AM
Re: KingsKnight post# 1606
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?