What’s wrong with $IREN? Don’t you see these red flags?
They keep changing their strategies.
They pump the stock price with buzzwords, but there’s no substance.
They delay revenue and construction.
They have a huge ATM without any justification.
They haven’t made any deals in eight months, and the existing deals will be money-losing obligations.
They have two CEOs with huge payments (never heard of such things for a small company).
They keep buying assets out of the US, which is money laundering.
@jellybone69@AlexSchettino@danroberts0101 The words like “one of the worlds largest portfolios of confirmed power, they also are one of the best for execution” are just self-claimed by IREN cult.
It means nothing without customers or revenue