Get OUT!!!!.....WhileYou still can! It's still not too late to do so.
I've been telling you for years where this was headed, and i hope i've convinced some of you folks to get the hell out and hopefully saved you some money.
This company is done folks, and it's been the case for some time now. There will be NO recovery and no profits to be made here. At all! All because of bad decision making and total non transparency of the behalf of the company's dreadful mgmt.
Since my predictions have been on point up to now, for years to be honest, i will now predict this stock will go absolutely nowhere in the coming months and in fact will head much lower as the company's mgmt become increasingly desperate to stay afloat.
Sub 0.30US soon and headed to below a quarter in 2025 as they attempt to find a new infusion of captial to stay alive and continuously dilute the company to death. The measley $15M PP was only a start, a trial run and the BIG ONE is still yet to come.
So expect another round of huge financings & PP's in Q2 2025 when the $15M raised recently runs out in Q1. If it hasn't already run out.......That 'small' captial raise dropped the stock aneye popping 40% in afew days. Imagine what a $50-$100M raise with the same horrid terms will do to it!
If the company's mgmt really cared about their shareholders, they would have sold out their pitiful Bitcoin mining operations to a bigger & better miner for some decent coin. And they could have happily went into the sunset with whatever awful canadian tech they still have. Of which btw, nobody wants or cares for.
So yes friends, you still have time to dump this dumpster fire before it gets cut in half again in 6 months. And please for dear god, do not listen to anyone trying to pump or sell this to you on here or anywhere else.
Therefore i'll repeat again the same message people, dump this trash and go full into a great, & ridiculously undervalued miner like CleanSpark (CLSK). I will guarantee you that you will not regret it if you want to make money in this sector.
Also remember folks, for those of you still stradling the fences, still doubting. There's a limited winodw of opportunity to make that swtich before it's too late. And that window my friends is quickly closing on you the longer you wait.