Apr. 15 at 3:47 AM
$PDC Be careful with this one if you are going to actually invest in it and hold it, the red flags are massive. Absolutely insane revenue projections when the company really hasn't started selling a product yet. Claiming robust performance from limited back testing on its trade management algorithm (and limiting trades would limit fees exchanges collect, so not sure that's a selling point). Plus in the Emerging Growth webinar the CEO conflates creating this algorithm while taking a certificate course at MIT with the PhD he's currently doing at a small European college catering to busy professionals, which seems misleading. And he was the European head of FTX. Maybe the company will go from nothing to
$9 billon revenue in 5 years but if it seems too good to be true....typically that kind of thing is a reason to stay away.
