Tuomas Holmberg 🦇🔊(@TuomHolmberg ):Watching the slow motion train wreck collapse of $QMCO. The CEO has not yet been able to get a deal done to provide much needed cash, despite the stock price which at one point was up over 4000% from recent lows. This is because even the most degenerate funds that could have done a PIPE didn't want to touch this POS with 300 meters of magnetic tape. Queue the outro music. $QMCO makes legacy magnetic tape drives and.... drumroll.... puts flash memory in drives as well.

Tuomas Holmberg 🦇🔊

@TuomHolmberg

CO-Founder CEO @Collector_Crypt / TCG Collector / Big Dreamer

Joined July 2011

260 Following 2.8K Followers

Tuomas Holmberg 🦇🔊@TuomHolmberg

2025.01.09 04:42

Watching the slow motion train wreck collapse of $QMCO. The CEO has not yet been able to get a deal done to provide much needed cash, despite the stock price which at one point was up over 4000% from recent lows. This is because even the most degenerate funds that could have done a PIPE didn't want to touch this POS with 300 meters of magnetic tape. Queue the outro music. $QMCO makes legacy magnetic tape drives and.... drumroll.... puts flash memory in drives as well.