Jul. 16 at 4:36 PM
$APLD the RSI on APLD has never been this low in the history of the company, except for one day on 4/17/24 when it dipped to
$2.36/share.
This back when ELN2 (the 100MW building) was JUST getting going, a few months into construction.
Back before a single dollae in leases.
Back before a single HPC MW was online generating revenue.
I am absolutely MIFFED at how this can CONTINUE to sell off. Even with manipulation, it just makes zero logical sense to me.
The company, all things considered, has never been stronger, has never been firing on more cylinders.
How can sentiment arguably be at its worst today?
Absolutely zero logic to it. Which is exactly why Fintel now shows institutional ownership at 94%. They absolutely understand where this is going. They understand too many retail sell at a loss in fear and they scoop it up.
$IREN $CLSK $NBIS $CRWV
