Apr. 23 at 1:14 PM
$SLMT ✅ The sale of Juve Stabia has been completed, which means a more strategic focus on infrastructure and digital assets moving forward🎉
Additionally, this reduces regulatory and listing risk as it removes liabilities from their financial statements, reduces volatility in earnings and improves financial ratios. That won’t automatically fix Nasdaq issues, so I still anticipate the reverse split to execute very shortly, but it does support the case that the company is stabilizing, which is exactly what we want to see pre/post split. Investor confidence will POUR in‼️
Cathy Wood sold small, insignificant portions of her position but maintains the majority. She is known to make tactical moves around news or catalysts to manage short-term volatility.
She sold
$76,000 one day,
$54,000 the next, but still
Held nearly
$10,000,000 in SLMT afterwards. This is so insignificant, it was nowhere close to an exit, just a trim 🚨✅
