Applied Blockchain Inc (APLD)

[KingsKnight]

Someone Slip You a Pill??
There's a bit of disinformation in what you are presenting as open conversation. So yes, they attend a conference in Dubai where all the world miners attended on the sponsorship of BitMain the leader in mining equipment & it's a problem? Yes, this stock is not $5, primarily due to the announcement of a R/S on 1/24 via an S1 amendment. Zero volume?, it's never had volume, there's 7.7M shares in the trading float, what sort of volume do you expect?
Crypto is plummeting? Sure nuff, 50% chop off the top likely for total crypto cap.
5c a year ago, this was a shell with 9M O/S, and it was not acquired until later. If anyone is on the bag hold here, I feel for them but it has more to do with the R/S than anything. I suggest you check out their website. You seem to think this is some sham entity. I suggest you look at the reports in a prior post about the growth in data infrastructure spending.
As for liquidity, the OTC liquidity has been weak. But here it's problematic due to there just not being a large float. Anyway, I don't really know what else to say to you. But GL if you're on here or not. While I'm not a fan of the R/S here, what as a business is being built will have value, and a NAS listing will assist that liquidity. JMHO

blackpilled Thursday, 02/03/22 07:36:42 PM
Re: KingsKnight post# 2060
I would like to explain the Dubai connection. Markets like this deserve open conversation, and complex trains of thoughts. APLD did attend the Dubai blackchain conference in December check their Twitter. Their pool partners have middle eastern connections. Turkish currency collapsing. You stock is not $5. It has zero volume and crypto is plummeting. If you think blocking post helps anyone bag holding. Remember this stock was .05 a year ago….look at $mara look at $riot. Caveat emptor.

blackpilled Thursday, 02/03/22 07:38:21 PM
This stock was literally pumped on fed liquidity and collapsed from sell offs and volume hasn’t hit one million since the day they became a “mining company. Defi has yet to make anything substantial. It is a pipe dream and the OTC is going back to triple zeros.

blackpilled Thursday, 02/03/22 07:40:59 PM
The liquidity that propped up this stock is completely gone.