Same reason GM is trading under $40 and others well below their technicals. DUH. Its the market.... Look at tech....look at NVDA, AMD, MRVL, MU, etc. We are in a BEAR market. Inflation is here...Recession may not be far behind. I am mostly in cash but picking my spots to just hold and occasional trade.
Good luck....but don't call a company a scam where you obviously haven't done the research.
<on ignore now>