Replies to post #5885 on Marathon Digital Holdings Inc (MARA)

[dolphinsmike]

Very well said. All that keep reverberating in my head is when Doug said "buying stock here will make you look like a genius". We were at 6.25.
The market things this merger is dogshit. And whats worde is, our homerun hitters will not only take us back where most of us started.
The stock price is a report card od the company as a whole. My grade of an F that i posted many months ago still stands.
Why would anyone buy now?

[Jalase]

Management has zero credibility. Promises and delays. I have spoken with them several times and they were claiming to be unhappy with the share price while in the 6's. Here we are at roughly 33% of that and nothing. I think the statement of making shareholders feel like geniuses really screwed with faith in the company as well. I don't feel smart at all. We have gotten so low in share price and this continues every day as you stated. At this point I consider it a total loss and expect it to go lower everyday. Also, I had hoped this merger would light a fire and it has done the opposite. I will continue to hold just because but investors are definitely in "show me the money" mode.

[EMI24]

Marasprint:

Trust me, I understand your frustration. But all I would advise is to continue to think about the big picture if in fact you intend to stick with this investment for the long term. Yes, we certainly may have a large revenue event before the close of the merger, but Uniloc likely has similar potential. So it likely cuts both ways. And it appears everyone is in universal agreement that the combined entity will provide the scale and diversity that is so desperately needed in this evolving space.

While MARA has certainly made some mistakes this year, the collapse in share price cannot be attributed solely to Doug and in my opinion does not reflect a complete erosion in investor confidence for Doug and his team.

The critical near term event for us is the Apple summary judgment decision. If we lose that decision, we could easily fall to $1.50; but if we win (which odds are in our favor in my opinion), hopefully it will help build some support for the stock as we await further clarification on the details behind the merger. And merger or no merger, things will start to get mighty interesting again towards the end of this year and early next year if in fact we go forward with the Apple trial and once the Signal trials start (not to mention hopefully some more positive developments in Germany). And this does not take into account the home run hitters that Uniloc are bringing to the table (as Doug alluded to on the call).