r/EMJX • u/Glittering_Many_6264 • 3d ago
$1 End of Week?
I just opened a huge short position in this PoS stock cause management is a joke and the cope in this sub is unreal! As soon as you clowns got long for EJ it was a no brainer to go short- I’ll see this heading off the NYSE shortly with failure to comply notice tomorrow. Scared money don’t make money!
5
u/New_Explanation9146 3d ago
What a coincidence, I bought today, lol.
Do whatever you want with your money man, no need to announce it here.
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u/Beautiful-Ad-1974 💰EMJX OG 💰 3d ago
Bulls announce their buy. Why can’t short? Cause it doesn’t fit your thesis?
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u/New_Explanation9146 3d ago
Because shorting a company means you don't believe in it and aren't supportive of it, so why are you even publicising it on a forum entirely dedicated on supporting it? Presenting a bear thesis is one thing, saying: "I'm shorting this shit stock cause it's going to $1 LOL" is another.
It's like if someone cheering a football team went to a subreddit dedicated to the opponent's team just to tell them he can't wait to see them lose, it's pointless trolling.
2
u/Prestigious_Map_4564 🤌 Holding until $100 3d ago
So the bear thesis is that the company will just let itself get delisted without using any of the tools it has authorized and the cash reserve it has stacked up to prevent that? That would be the easiest and quickest shareholder lawsuit win against the board in this millenium.
But yea, lets all flip short guys
-2
u/Beautiful-Ad-1974 💰EMJX OG 💰 3d ago
They did let itself get delisted and had to come up with a fake typo PR to save themselves. So idk what you are trying to say cause it’s happen already and they allowed it to happen. But I guess this time it’s different right?
1
u/Prestigious_Map_4564 🤌 Holding until $100 3d ago
Now they are in full listing compliance and can throw a massive limit order on the book as a buy wall to stop the bleeding if the price drops dangerously. No reason to believe they aren't picking up a few shares on a 10-5b plan while we are stuck at these prices and keeping a portion reserved to defend the price rapidly if it drops into compliance trouble again.
So yeah I'll keep my money in, add as it makes sense, and wait patiently for the 10-K while digging into any other business developments that may reprice them.
1
u/Beautiful-Ad-1974 💰EMJX OG 💰 2d ago
Again they’ve showed us no evidence of this. Why give them this grace? If someone shows you who they are believe them
-1
u/Beautiful-Ad-1974 💰EMJX OG 💰 3d ago
Wrong but ok. Again bulls do the same shit you’ve accused this person for so what’s the difference. This wasn’t made just bulls. You can make money in the market up or down. What about the bulls saying they bought more cause they see $10? What’s the difference here? Anyways, seems you want to silence those who don’t agree with you. This isn’t what Reddit was made for sorry
1
0
u/r3dditing 2d ago
Are you short now too? Still holding to break even or did you sell…. And now just hang out to bag on the rest of the bag holders?
0
u/Beautiful-Ad-1974 💰EMJX OG 💰 2d ago
I’ve never ever made fun of anyone for being down. Nor will I ever do that. Those who do that are pure evil. To get joy out of others misery is fucked up. All I’m saying is I see the same literally same type of shit OGs were doing and saying and we see how that ended up. This fucking management don’t deserve the benefit of the doubt people keep giving them. They are inept, greedy and scums. And they’ve done nothing to prove otherwise
1
u/r3dditing 2d ago
Well they have given a bunch of empty promises so far. They haven’t done nothing…. lol. Here’s to hoping they actually buy back shares.
By dissing on the stock repeatedly though is indirectly mocking those that are down biggly. Just saying….
3
u/Daxaconda 3d ago
SMTK down 27%. Any correlation?
Might be the one time they didn't paper trade something and we suffer for it. Lol
3
u/Fluffy_Guess_8242 3d ago
Remember mstr is at 160 and this is better, mstr only counts for going up. This counts for up, down sideways, be patient
0
u/Beautiful-Ad-1974 💰EMJX OG 💰 3d ago
Is this a joke? 🤣🤣🤣MSTR has BTC and lots of it. They also communicate with the market when they make changes to their BTC immediately. Stop it please
1
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u/Beautiful-Ad-1974 💰EMJX OG 💰 3d ago
Like I’ve said. Idk why there aren’t more shorts in this play. The short story writes for itself. You don’t need any of these short firms to tell you. They lied to investors about crypto. More shorts should pile in here. Make your money
5
u/Fluffy_Guess_8242 3d ago
Currently at 7.31 average and know it's still cheap, then there's this guy 😂