ShortFocus retweeted
I'm don't know how to analyse exchanges, but I look at track records. Here are the publically listed companies $ABXX CEO Josh Crumb has been involved in.
1. Founded Goldmoney $XAU: Started as a Peter Schiff promoted Gold based Fintech, pivoted to Crypto in the 2017 boom.
Abaxx - Not Even Worth A Crumb
Viceroy is short Abaxx $ABXX. The Exchange is comprised of wash-traded churn sustained by incentives, which collapses the moment incentives are switched off. There is limited genuine hedging activity or price discovery supporting this façade. 1/
$LGPS announces a miniscule dividend of $0.023 per share today (1.2% yield) and stock jumps 150%. Interestingly enough the people who are buying it don't understand that ex dividend date is also today. Meaning unless you have same day settlement, you are not entitled to it. Lol
$APLD For (almost) a $1bn company you'd expect them to file their full year financials with a relatively shorter gap from the earnings conference. Been a week since company doped investors with all BS at its disposal to pump stock. Time to see whats going on on their financials.
$fcuv $7M share repurchase program when you ended Q4, 2022 with only $4.45M in cash. Another unsuccessful effort to pump this garbage huh?
ShortFocus retweeted
$FCUV , an "IoT" hydroponics reseller from China, with executive bonus incentives like number of stockwitts mentioned ( is inside the sec file) , patents that break the laws of physics, was never profitable and still trading at 500 P/S . Burning Cash, a cash transfer scam..