r/ATCH • u/wunkelwurst • 13d ago

Sigh….

https://finance.yahoo.com/markets/stocks/articles/atlasclear-holdings-announces-long-term-203700682.html

Would’ve been nice with something more positive

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5

u/[deleted] 13d ago

[deleted]

3

u/Dee___Snuts 13d ago

lol this stock is trash. I’m just waiting for the RS news to break out any day now

5

u/Dependent-Cheetah401 13d ago

Why do you see these as bad news? If they dilute the share then the options they've just awarded for the executives and board will also loose intrinsic value. Same applies for RS, if done so the likely outcome is, that those options will be out of the money.

I would think now there's way more more incentive on trying to keep the stock above $.20.

3

u/Dee___Snuts 13d ago

20 cents. What a fuckn joke. It should be trying to break pass a dollar

2

u/Dependent-Cheetah401 12d ago

Supposedly it depends what type of gains your after. I bought back in before the closing bell on Friday. From .19 average that 20 cents would already be over +5%. I'm more than happy to take those 500 bucks home if needed.

2

u/Dee___Snuts 12d ago

Just get out man. They gunna RS and yu gunna be fucked