Jul. 30 at 11:09 PM
$AYRO
I bought shares of
$AYRO today.
This is a broken company. Only 4M market cap. Small float.
Markets left them for dead, and for great reasons.
So why did I buy this trash? Asymmetrical risk/reward.
They are trading at .3 cash. Little debt. They are ready to pivot and deploy their capital for new growth. They are interested in stable coins - Big time industry!
If they execute on this new initiative, with their amazing balance sheet; I see a solid floor here. With enormous upside. And that’s what it’s all about.
Volume has been increasing too, maybe I’m not alone on this thought train.