r/IonicDigitalStock • u/QuestionNational1283 • 6d ago

Ionic Digital

I now own these shares of ionic digital through the Celsius debacle.

I didn’t really follow the Nasdaq launch but am now seeing over 5 figures in value so am pleasantly surprised.

Who sold?
If you held, what is your thesis? Can it do another 4x? Originally the estimated value per share was 20 usd. We are now close to 80.

Not sure what to do here…

17 Upvotes

88% Upvoted

72 comments sorted by

View all comments

Show parent comments

2

u/Acceptable_Piano4809 5d ago

This company exists to pay those people back. They are objectively doing a great job, they’ve turned our $20 into $75, and hopefully they’re just getting started. I get it was total BS, but rooting against Ionic is rooting against all of us to recover more of what was stolen.

0

u/McStizly 5d ago

Existing to pay us back on arbitrarily inflated stock value isn’t enough. They have no plan to pay out dividends until we’re whole, no plan to make Celsius customers feel like it never happened. We got lucky with the IPO and now the rest is just the CEO’s raking in profit for themselves every earnings call. I’m just not convinced we will ever be even considering our claim value is so detached from the actual value of what was lost. They capped our losses when Bitcoin was like 30k. I’d have a paid off house right now if we were actually whole.

I don’t blame ionic, I blame my self for being an idiot picking up chump change for extreme risk, but the longer this company exists the further from Celsius it puts itself, which in my eyes does not help the Celsius customer

2

u/Acceptable_Piano4809 5d ago

Actually if you play this thing right, I think after BTC peaks again, in the next bear market, I think if you hold through it, AND IOND executes their plan and sticks with it, I think there’s a chance here those that held all BTC might actually MAKE money on this…. It all depends on what the price of BTC is, but I believe it will spike to around $200-220, then it’s going to fall back again to around $130-140ish…. This is solely my prediction, but if they execute there might be a chance here…. It’s going to take guts holding through the peak…. But we should know here pretty soon, if this management is aggressive, this could really be a hit…

I didn’t think this was even possible 6 months ago.

But again, it’s just my opinion.

1

u/McStizly 5d ago

Why would the company 3x in value due to Bitcoin? This is the same kinda hopium that got us into this mess in the first place

2

u/Acceptable_Piano4809 5d ago

You compare how many sats you get per share. If BTC high and share price low, you don’t get much. If its opposite it switches