Sep. 14 at 8:13 PM
$SLNH closed
$1.15 -3.36% on 5.8M shares, 45% of avg. Gapped to
$1.12 open, tested
$1.11 LOD, bounced to close mid-range. Cohort avg -4.08%, SLNH outperformed by 0.7 pts (first relative strength in 3 sessions).
$1.11 held on the intraday test = 3-week floor defended. NVDA -3.35% broke
$215, dragged the whole AI-power cohort. WULF, HUT, CIFR all down 7%+. HC Wainwright today was a non-event, no 8-K, no tape reaction. Base case Belizaire said what July 14 8-K said. Range now
$1.11-
$1.20. Next real catalyst node is Q3 earnings mid-November unless an 8-K hits sooner. Holding 440K, not adding.