JeromeErnest
09-06

$Marathon Digital Holdings Inc(MARA)$ Its not BTC that is killing us. My guess is Fred is vending 30M more shares. (the same as last quarter). In the prior 4 quarters he added 106M shares to the count. was 188M last year. Now 294M. The constant dilution is what is killing us. 10M shares a month. About 500,000 a day. Name a stock that can handle that on a daily basis. 2.5M a week. That's about 500 one thousand share new investors a day and 2500 a week. Until they cut it out this will never mature.


Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment