Applied Blockchain Inc (APLD)

[KingsKnight]

Shall See About That Good Day..
I am thinking this likely sells off more to close out the week. I hope perhaps I am wrong. But, there's a bit of indication with the volume/dollar volume flow through in the last two days after the S1 released amendment & R/S mention. Got to measure the possibility of those with large share holdings contemplating if/when they get an uplist notification there will/may be no opportunity for exit for a while as shares are "trapped" on a R/S and many times you don't have the ability to trade out. Seen this occur many times, the stock does an R/S but most brokers don't convert shares immediately & you're left watching it go either up or down from the sidelines.

ItalStallion Thursday, 01/27/22 08:03:35 PM
Re: KingsKnight post# 2000
I will never understand why a reverse split on a low float and I hope CEO thinks about it.It wouldn't be a good calling card for new Nasdaq investors..a good day starts in the morning, do not miss it!