I like $IREN in theoryβ¦.
But, less than a year runway on existing capital. Certainly a new raise is coming sooner than later. Old saying holds true.
Iβll pay more to know more.
$QS 52 week low.
Iβm long $2p still.
$QS looks / trades terribly.
Only looking at $1.7m in upcoming revenue & burning cash for years. 2-3 year $ runway means a new equity raise is around the corner. Likely coupled with a reverse split. They usually go hand & hand. Expect new price discovery to bring significant drop from there. My 2 cents. F.D.
Iβm Long, the long dated 2027p.
Selling $50p ITM $ASTS midday today expirations seemed scary until they closed out of the money.
I like that trade now.
I donβt see many in my feed lightening up on stocks.
Am I the only one? The boogie man vibe is not present on this platform. Anyone hedged of is the full portfolio, YOLO alive and well.
FYI, $VKTK Capital raise details
Currently flat.
No position, covered my short.
Was long 2 years prior.
Donβt hate, debate!
Selling some of my positions & increasing cash. Bond markets making me feel like they are trying to tell us something.
Anyone also been around long enough to remember the way this could go from here in equities?
#WinterIsComing π³
I am a retired Investment banker, I give free advice to stock investors. I was fortunate to have mentors.
I want / need to give back. Follow me!
Please ask questions. I have 70,000 followers who already know. this
Truth > Feelings
Wall street doesnt care how you feel or think.
Guess / bet on $VKTX is, they already have / had terms for new financing w/ todayβs massive volume. My guess is the finance debenture team is laying it out, as much as possible.
hedging risk for $1B in equity Co. will sell for possibly going it alone without being bought.
$VKTK at $200m Financing + additional $30m
That is about 6.6m shares @ $35. But they get to buy it at a discount to the market upon conversion.
Easy terms to understand,
They been selling shares in the run up, They can cover the short at a discount after they sell it down as much as possible. Would you rather convert to cover here or at low $30's. I am not a hater. I am trying to teach you all the ways of Wall Street.
Seems like yesterday? $VKTX
Replying to @bioinvestor24
Until the next capital raise.
Itβs coming. Just read the balance sheet. Especially if they really are considering do it alone.
Donβt shoot the messenger.
Said with respect.
I hope you all make money.
Being Unc has is perks! $VKTX I have been tying to warn you all. Financing was inbound. Look at my replys if you do not believe me. The tape had this all over it. We have seen it all or most of it at this point.
Guess / bet on $VKTX is, they already have / had terms for new financing w/ todayβs massive volume. My guess is the finance debenture team is laying it out, as much as possible.
hedging risk for $1B in equity Co. will sell for possibly going it alone without being bought.
$VKTX prettt low premarket volume after yesterdayβs insanely heavy volume. Be nimble
An absolute certainty in the stock market is Sell every $VKTK pop!






