Applied Blockchain Inc (APLD)

[KingsKnight]

Been Watching...
Have had builda on a watch list for months, nice SS, but the PinkNoInfo puts up that broker block. APLD has some nice potential here, but I can see why some would pare down positions on that huge run knowing what was ahead on the S1. The last few days of heavy volume has been interesting. Essentially volume has gone up 50-100x. Price went boom & bust quick. Given the share changes ahead though, the upside has to scale down. When this was 9M O/S, one could see a 10x+, now I am venturing to say the best this could do is a 4-5x and they will need that to uplist. Can hope for action like Voyager Digital, but I can't see it happening in 1 yr.

Tiger Money Member Level Tuesday, 08/31/21 12:33:23 PM
On good trades I always trim even if it is minimal. On mj, it had run from basically nothing to 25ish so I sold about an 1/8th of my position each day it went parabolic which was like ten days in a row which is unheard of in the otc.
I sold some of this at 2.50 but a very small amount. Usually I would sell about an 1/8 or a 1/4 on a run like Friday but unfortunately I didn’t. I love this company but we have sone share structure headwinds. It is inevitable

Tiger Money Member Level Tuesday, 08/31/21 01:24:12 PM
Have you looked at BABL? Best of them all over the next 6 months. Longer term my bid is here with Wes