Moon Equity Holdings Corp (MONI)

[redspeed]

Oh No!

This just out...

"The Mad Money host called cryptocurrency “the last bastion of rampant speculation,” noting that it is something “the Federal Reserve is trying to wipe out in order to tame inflation.”

Gee, I wouldn't want to be invested or even buy a $100 bitcard in something the fed is trying to wipe

Mother of all miseries?

"I know miserable stock owners love company, but this crypto decline is the mother of all miseries, and I think it’s a fitting coda to a horrendous quarter."


I think MONI dodge a bullet on this one...

'Cramer pointed out that the crypto sector has suffered major blows in recent weeks, citing that some major crypto companies are facing solvency crises while some are laying off employees. He cautioned investors about crypto lenders that offer “outrageous” returns."

There are no employees to lay off. They laid themselves off.

Now if 'major crypto companies are facing solvency', what does that mean for a tiny startup with little cash and no employees?

"“Cryptocurrencies of all kinds are still cascading with no real bottom in sight,” Cramer claimed, noting that crypto “is the opposite of a stable storehold of value.” He recently said that he expects bitcoin to fall to $12K."

Wrong product, wrong time...

Now you know why MONI doesn't say boo

https://news.bitcoin.com/mad-moneys-jim-cramer-says-crypto-immolation-the-feds-job-to-tame-inflation-is-almost-complete/