Replies to post #2177 on Applied Blockchain Inc (APLD)

[KingsKnight]

The Writing Was On The Wall.
They did what they had to do to get this to IPO, regardless of price they list at, they ALL get paid on it. So for them it's nothing but wins. At the same point, the older ticker holders are frozen with likely a 50-70% haircut on value coming as their shares get live over the next few days.
BitMain isn't in the business of buying these businesses...I know you wan't to be hopeful but they manufacture hardware. They still get the better end of all deals they step into. Essentially, they already own a major chunk of it through joint financing.

ItalStallion Wednesday, April 13, 2022 1:22:59 PM
Re: KingsKnight post# 2176
Total disappointment, a slap in the face; only hope that one day Bitmain will buy this company