Applied Blockchain Inc (APLD): Numbers Say Different... "B. Riley Secu...

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KingsKnight

Re: ItalStallion post# 2149

Tuesday, 04/12/2022 10:16:24 PM

Tuesday, April 12, 2022 10:16:24 PM

Numbers Say Different...
"B. Riley Securities is the lead underwriter and IPOs led by the firm over the last 12-month period have generated an average return of negative (45.0%) since their IPO. This is a bottom-tier performance for all major underwriters during the period."
https://seekingalpha.com/article/4500809-applied-blockchain-apld-proposes-60-million-ipo
Fun Times Ahead..
"As for valuation, management is asking investors to value the company on its expected future earnings at an EV/Revenue of 825x today for what is essentially a data center company."

ItalStallion Tuesday, April 12, 2022 12:41:41 PM
Re: None
Bad days but still here...remember that APLD is backed by the core of BITCOIN world..BITMAIN.
Mr Bryant R. Riley and his spouse own a lot of shares of this company not by chance
https://fintel.io/doc/sec/1464790/000121390022007064/ea155342-13gbriley_applied.htm
Fyi Virginia Moore, a member of the Board of Directors, is the spouse of the CEO of B. Riley
APLD have a BIG management
GL $APLD