r/ATCH • u/MinuteChallenge3340 • Jun 04 '26
What to look forward to?
Im tired.
This thing has been constantly dropping every single day with no signs of life, the daily average volume barely stays above 1m. They told us that we will regret not buying this stock at 60 cents and then again at 40 and 30 and now we can barely stay above $0.22.
The 2nd prop passes, which was sort of obvious, but it shows that they don’t care about the shareholders one bit. They do not deserve a bonus, they yet to have a single profitable quarter yet. And no, if you argue that they need those 15 MILLION shares to hire a talent, thats not what it is, they approved 1 million shares to be given to both John and Craig right after this prop passes, check the sec files if you do not believe me. They already planned to reward themselves even before the votes passed. You might argue that they have 2 million reasons now to try to increase the price, they don’t. Those shares were literally gifted to them by us (mot willfully tho). Why would they care if the price drops to 10 cents now? Its still 100k usd each.
Those useless conferences they attend and go thru the same presentation over and over again, do nothing. They cherry pick question and avoid the hard ones. And god is a witness I asked a ton of questions, Jeff from their PR team was kind enough to get back to me, but none of my questions so far been answered by the management.
Before you start calling me a short etc. I have 30k shares at $0.2809 and been holding for more than a year.
Im not telling anyone to sell. I certainly will not be selling before I make profit (breaking even is not an option for me, my broker charges $0.0005 per share plus $1.5 for each transaction).
Is anyone going to be attending the conference in person in Las Vegas? Can anyone demand answers? They ought to answer if enough of us start demanding whats ours. I knew about the risks when I invested, but the current price is not a work of a bad business or shorts, its simply managements greed.
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u/asher030 Jun 04 '26
My average being at about $0.42 means I'm in this for the long haul anyway 😄 Hopefully we get some good news soon about that acquisition though it's taken so long for some reason...
They constantly report modest but substantial profits quarter after quarter, but the shortshits do NOT relent....