Nov. 9 at 10:02 PM
$TRNR
Email from Interactivestrength.com IR attached as 2 screenshots. Contact info is on every PR and same one replied from.
I did not post misinformation-they have a
$500MM PSA to purchase
$FET tokens. It could have been worded differently.
Per IR - company did not sell any-no liquidatoon event occurred.
Anyone can email the company. Probably best to get questions answered there vs here.
$FET had a correction (normal after a big gain like that) and has continued to move back up over weekend.
At -
$90MM revs post SportsTech acquisition-this would have to trade at
$45/share to gice 1 P/s at current 2.0MM OS. There will be dilution on the acquisition (laid out in filings as its funded by stock). Earlier analyst coverage gave it a
$15 price target over the summer. Even that is only 1/4 of sales let alone a growth multiple.
I still firmly believe there is a very large, naked short position that is being defended with cinstant wash trading