Could be seen from miles away....This is probably one of the most obvious stock implosions that was avoidable. The red flags here were everywhere, from the inconsistent stock performance, to mgmt actions/inactions all the way to the types of people who bought in and the propanganda/pump they spewed. This could be seen from a mile away. I tried to warn people, hopefully some of you listened to my preaching. it was never intended to bash (if you were perceptive enough to see or understand) it was meant to protect you from what was to come!
Nevertheless, what has happend......has happened. If you got caught buying this garbage at exhuberant, unrealistic, unjustifyable & unsustainable levels with doing some DD AND not heeding/dismissing the warnings of people like me.....then my friends you have NO ONE to blame but yourselves. And in all sincerity, i can't even fault the company or it's incompetent management for your predictatment. The finger should be soley pointed at YOURSELVES! Now you must unfortunately sleep in this bed you've made and pay the piper for your reckless actions.
Though i continue to believe in the future for Bitcoin and ANYTHING related. After this consolidation period is done with and things go back to normal, investors will restart to scour the Crypto landscape for value & deal to invest in AND in turn the cream of the crop will rise and the garbage will be left behind. Trust me when i tell you that a beating like the one we are witnessing now in the Crypto mining sector will not be forgotten by investors. Especially if the company failed to do the minimum necessary to mitigate the damage or has failed to carry out their REQUIRED responsibilties. I.E company's like Cryptocrap & others.
With the damge this stock has suffered, it will be a VERY long time before it EVER gets back to those lofty levels it rose to. Retail s/h though gullible & inexperienced, will be left scarred by this more than their instituional counterparts and therefore much more fresh in their minds. It will neither be easily forgotten or forgiven .....and second or third chances will require much more effort by companies to lure investors onto their side or sell their pitch.
So i hope some of you learned something here, as expensive or painfull it was. It didn't have to be this way if you had only trusted the right people who were trying to help and not sell you something that never existed. For those who believed & trusted in the message i was trying to relay but still got caught because of inexperinece & a little greed, i hope you get back on your feet soon & recover what was lost. For the rest, i have this little EXTRA message for you below (especially those loud mouths who tried to discredit me) before iend this post. Enjoy!
https://www.youtube.com/watch?v=OtF2_udJu88
Good luck & God speed