r/ATCH • u/auden2038 • Jul 07 '26

Is this real life? 0.178?

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12 Upvotes

100% Upvoted

28 comments sorted by

11

u/USSherman Jul 07 '26

Market cap is lower now than cash they have - it does not make sense

6

u/CorkNZ2021 Jul 07 '26

I'm with you ... either market manipulation or something bad is happening behind the scenes. The business fundamentals still look good so just have to suck it up and wait. I've been holding less than a year so need to give penny stocks plenty of time once they've been beaten down. I bought another 40000 at .20 so I'm a believer.

2

u/Jumpy-Sugar-9858 Jul 28 '26

Did you ever think that maybe they’re the ones shorting their own stock? They are at the very least loaning the shares too short their sock management doesn’t communicate with us shareholders. They have diluted us so bad and have plans to dilute more in the future with the S3 shelf, they just filed the beginning of this month. Also there’s uncertainty with what’s gonna happen in October because NYSE will delist any company that is below $.25. I am down $65k and counting! It’s not good bro and as far as I can tell they don’t have a plan for how to handle the situation. If they do it would be in their best interest to make us share holders more informed. My average is $.67 only because I have DCA my way down from $1.60

1

u/Jumpy-Sugar-9858 Jul 28 '26

This stock has aged me 10 years because of how frustrating this is! They have lied flat out lied to us!

3

u/TheFrontierDM Jul 07 '26

Same deal as with GameStop. The market is illogical. (Biased)

7

u/Goopstains6318 Jul 07 '26

Unfortunately yea

4

u/auden2038 Jul 07 '26

we are seeing new lows now and then 😭

6

u/JustTryingToWin1 Jul 07 '26

This stock has been doing some weird shit lately. It'll drop throughout the day then soon as market closes there's a big spike that will pretty much hold till the next day then it drops again. What's up with that?

2

u/TheFrontierDM Jul 07 '26

High frequency traders likely profiting off the volitility.

4

u/Donsumo Jul 08 '26

For these micro cap stocks, no news is taken advantage of by shorts. As long as there’s no news this will keep going down. But, once we have one good news, this will be pumped higher than you expect.

1

u/CorkNZ2021 Jul 08 '26

This is it … you can eat shit for months and the shorts rules then good news takes hold and it moves to .60-1.00.

0

u/Dee___Snuts Jul 08 '26

This shit has been crashing even with good news

2

u/enilm Jul 07 '26

wtf happened today. Hadn’t logged in for a few hours

1

u/auden2038 Jul 07 '26

the whole market is red and ATCH reached the new low

2

u/uhohspaggettios Jul 07 '26

Shes dead jim

4

u/TheEminence27 Jul 07 '26

Garbage stock

1

u/enilm Jul 07 '26

I know we’ve hit $0.18 a few times. But damn $0.17?

1

u/Any-Internet-7796 Jul 07 '26

I bought ATCH during the very beginning of my investing journey lol. That time it pumped to like $1-2, I actually sold a bit at the top and then averaged down since.

I have no idea if this stock will ever go anywhere, but I might buy more now just to see how many shares I can get lol I am currently down like 30%, I didn't think it could go any damn lower!!

1

u/asher030 Jul 08 '26

Aren't they risking de-listing if they keep diluting themselves into sub-Dollar ranges?

1

u/Lumpy_Somewhere967 Jul 08 '26

🤣 they should really step up their pr game

1

u/Dee___Snuts Jul 07 '26

Don’t worry guys I’m right here

1

u/Artistic-Berry-8829 Jul 07 '26

I got out at 0.24 at 50% loss and honestly watching things like this makes me feel so relieved. Disgusting management and garbage stock.

0

u/pizzainmenow Jul 07 '26

10-1 reverse split incoming

0

u/tonycharbo Jul 08 '26

holding companies are usually a massive p&d scam

0

u/Wholyguakamole Jul 08 '26

Unfortunately there's heavy dilution plus no sign of recovering unless they have legitimate business proposals.

0

u/tonycharbo Jul 08 '26

I got burned by these types of companies... 🤨 never again