@coinreturns@jiahanjimliu Thank you so much Metaman! Will follow the vote definitely! Sad yesterday but kept sane not selling immediately. I’ve been also holding it since 8$ but yesterday was the first time I started doubting its management
Or maybe just post when price suddenly dropped and loaded more. The whole thesis and business model is pretty clear and don’t know what to post except waiting.🥹 or maybe just too lazy. But I checked every now and then what you and other friendly $ABCL long investors’ posted and learned a loooot☺️
I'm seeing and reading a lot of confusion, impatience, and disappointment in the price action.
This, paired with radio silence from the company, no more monthly reporting, and very few media appearances, creates a void that investors are eagerly filling with their own assumptions.
I get that, and to a degree, I'm also surprised by how the market is treating the stock. It's almost as if IREN is a miner when BTC goes down, and a depreciating $NVDA-dependent asset, when the market assumes TPUs are the solution to world hunger.
But now more than ever, $IREN is being treated as a momentum stock. And at the moment, there’s not much coming out to feed that momentum or push it back up.
Sure, we had a double-digit day on Monday, but followed by a nearly double-digit dump at the open yesterday. Is IREN the perfect trading vehicle, or are hedge funds in control of the stock?
Everyone has an opinion, a creative theory, and a personal risk profile.
I will be the last person to tell you what the stock is going to do next week, or even today.
But at OnlyFrans, we find our own reality within the facts.
Just last week, we found an entirely new Canadian site, and today we launched a new satellite task for one of IREN’s disclosed sites.
And to be honest, some of the OF’ers are really good with these images. Check out this sample image from Sweetwater 1 last week. Isn't it a beauty?
Anyway, the phrase "know what you own", has a different meaning for everyone. But by seeing what you own, and interpreting the optionality of the company, your conviction gets some support during tough times.
But I’m not alone in this. @Agrippa_Inv has created a brand-new platform for extremely in-depth research articles and deep dives on IREN, and in the future, other hyper-growth stocks.
Do your due dilligence, study the company, and buy the fucking dip.