John Doe

[John Doe @99percentdumb]

@franklee6924T Very nice summary.
IREN is definitely facing a dozen headwinds all at once. 4-6 more quarters of execution will show that the company is legit and strong, thesis still looks good. The stock price however is another matter. Deplorable. Or let's just say hopeless, to be nicer 😀

[John Doe @99percentdumb]

@DollarCostAvg That would be big news. And you know how much the stock loves big news...should be the perfect catalyst for another instant 25% drop.

[John Doe @99percentdumb]

@TheBigBerbowski The real miracle is we finished green at all, usually we drop 10% when the other two are ripping.

No worries, tomorrow we get the usual NBIS up 20% while IREN down 10% spread that we've all come to know and love 😂

[John Doe @99percentdumb]

@BrueghelElder87 @TheBigBerbowski Comms have been much better recently so I liked everything on the last ER. The CEO comp and ATM overhang could still be a sore spot for the market, but overall the company is executing. However, the stock remains trash no matter what the company or the sector does.

[John Doe @99percentdumb]

@valerijatrades1 Dreams are all we have left now 😂

[John Doe @99percentdumb]

@ilzmcfly Don't worry bud, they will wait to tap ATM when we hit $5 next month after the shorts are done playing. At $5, thats a bit over 450M new shares, no big deal at all. It will give the shorts a fresh new batch to short, so that's the bright side.
Wish we bought NBIS a year ago.

[John Doe @99percentdumb]

@benoitz Hahaha, exactly
Well, it only took NBIS and CRWV to be up 20 and 25%, respectively, for IREN to go up a whole dollar. That's totally reasonable, Benoit! That's what we get for picking the biggest shitcoin stock on the planet. NBIS has to hit 3000 next for us to recover to 30 😂

[John Doe @99percentdumb]

@TheTechInvest Agreed on IREN boosting the market last week with the excellent ER. So if it can save the market, how come it can't save itself from being a sub-$20 garbage stock?

[John Doe @99percentdumb]

@SlavMarkets There are no more catalysts. Only more shorting. They will cover around $1, which will bring the long awaited rally we're all looking for. All the way back up to $2. Gonna be epic, can't wait! 😂

[John Doe @99percentdumb]

@JohnSmithb1ds The first part is genius, the second needs some attention. A 10x IREN short would be the proper move to actually make money this year. NBIS does nothing but go up, to counter IREN's never-ending nosedive.
Btw, nice profile 😉

[John Doe @99percentdumb]

@OInvests @grok You really think so? My bags would certainly thank you haha, but just can't imagine it anymore. Even if we knock it out the park, every ER gets dumped and shorted, and we get shut out during green days. Shorts always win. We're worth more if we got liquidated, isn't that nuts?

[John Doe @99percentdumb]

@chrishacken The market loves NBIS and CRWV, and IREN is treated as the shitcoin of the sector. Been underperforming for a year, and will no doubt continue getting shorted into oblivion. One day it's the long/short trade, next day it's something else, but it's always something. Always.

[John Doe @99percentdumb]

@SmallCapSnipa So do these earnings mean a 20 or 30% drop for IREN tomorrow? I can't tell anymore, is good or bad news worse?

[John Doe @99percentdumb]

@TheFinGodFather 2047 will be our year for sure 😂

[John Doe @99percentdumb]

@LucianBMiron Yup, it really takes the cake. Too late to cry, so will ride it all the way down. Zero is baked in now, so nothing left to fear. 👍

Big Lesson Learned: Stay away from shit stocks that aren't blessed by Wall St. The machine has infinite time and money and will chew you up.

[John Doe @99percentdumb]

@j2kithforever It seems very bullish actually, even a $30 PT assumes a 54% rally from current levels...which is a joke in itself. How would IREN ever get back to $30 when algos attack it nonstop? Not happening. Stock is no longer connected to the company, it is pure trash. Red forever baby! 👍

[John Doe @99percentdumb]

@benoitz Kudos on your persistence, truly 👍
It looks like shorts won't stop anytime soon though (if ever), so maybe it's best to hold off on buying more? Sick of the instant 10-20% drop every single time. Or do you have a share count you're shooting for? You can add more at $2 by Xmas 😂

[John Doe @99percentdumb]

@datacentrebull It's getting shorted nonstop, so around $1-2 if we get a nice Santa Rally at the end 😉