Applied Blockchain Inc (APLD)

[KingsKnight]

Bad Timing Too I Guess.
Them disclosing a possible R/S the same week that cryptos/equities are battling for air can't be helping. Anyone sitting on a profit has to make that critical decision as to what may or may not happen. I have seen two uplists totally devour stocks [TOMZ/GAME] both R/S'd into the uplist & never ever saw success. While I like this story here, there's some negative factors sneaking in at the moment. Primarily the R/S which would not make this a money making position at that ratio. Got to ask the question of when the share structure is at your advantage & when it is not. Once they start to talk R/S it's going to be chaos.

Grouse Hunter Thursday, 01/27/22 07:37:03 PM
Re: KingsKnight post# 2000
Yeah. I guess the real question is what is a fair valued market cap. If they were finding buyers for a capital raise at a $1 billion plus valuation I guess I will stick around and ride it out. I still believe there is more to the story here and am looking forward to a better listing exchange with more liquidity.