Aug. 21 at 3:21 PM
$PROP even if this goes up 50% from here in the next two weeks it’s not going to be enough to stop the absurd dilution that’s happening in less than 3 weeks.
The trend right now is AI/HPC/Crypto
Not companies running on heavy debt, with toxic preferred converts.
Management made a deal with the devil and now it’s all of our dumbasses who will have to pay for it.
The risk is now a death spiral to sub
$1 - and the reward is maybe
$3, or
$4 if you’re lucky. The r/r has changed significantly since management opened their mouth.
If they should be trading at
$9-
$10 like they said on the CC - why are they at
$2?
