Lemsicals
2023-08-16

$WeWork(WE)$ I think the big questions for me are: 

1) yes, we understand that the cash burn is bad and at this rate it won't last long, but when will they file for bankruptcy? Is it imminent as in weeks? Or are we talking near the end of the year?

2) Where is SoftBank? When will they step in? Will they step in?

I mean, if we are talking Chapter 11 filing at the end of the year, I'm tempted to just go in and play around with the volatile ups and downs until then. 

What are your thoughts?

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Comments

  • StreetCat
    2023-08-21
    StreetCat
    I learnt my lesson from Mullen I planned to buy this too at 0.1 usd with 60usd just for experimental purposes but when they announced such a heavy stock reversal I doubt it will look good and feel they will dump after the reversal and issue themselves shares to keep the company afloat while continually diluting investors. Sorry to those who are holding onto this earlier and I hope I am wrong for your sake 🙏
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