Bottom line on $RXT:
Real AI/cloud tailwinds, but crushed by heavy debt, negative equity, profitability struggles, poor customer service, and dilution risk. Today’s brutal plunge shows how fragile the hype is when fundamentals hit. High-volatility play—DYOR!
@kaizencasino High debt: ~$2.8B total debt vs. low cash (~$94M). Debt-to-equity is deeply negative (e.g., -2.6x or worse). This limits flexibility and raises bankruptcy/going-concern risks in distress scenarios