“This teetering tower of negative issues is a perfect reason for a mass shareholder exodus.”
“This stock remains significantly overpriced, with a book value (price/net worth) under $2, a price to sales ratio of over 25x, a large negative profit margin, and a negative price/earnings ratio. All the new shares will make the negative fundamental picture even worse.”
If we’re “about” to see an implosion, what is that we’ve already been seeing this past month?
A flood of fools and foreign money trying and failing to make an nonviable stock look appealing would be my wager.
It’s a meme stock no different than a shitcoin. You could have made a lot of money off of the hype in a pump and dump. If you are still in, you are the dummy holding the bag. By the time DJT can cash out, it’ll be worthless.