Hammer 🔨🐸
@hammerfrog64
just a humble farmer // pfp and banner @a_marrast
Joined July 2020
1.7K Following 9.2K Followers
“I got a lot of fund managers dming influencers like myself about it but in reality”
Oh no oh Kang
$BOT is the biggest red flag.
NAV is $7.34/share. The stock is now trading at $37.92.
You are basically buying Figure at $200B+ while it’s valued at $39B.
Buying the company is just trading pyramid float dynamics off other retail.
Not the appreciation or underlying fundamentals.
To make matters worse:
There’s $2B dilution as valuation arbitrage as you all get diluted to oblivion.
I got a lot of fund managers dming influencers like myself about it but in reality:
Retail just looks like exit liquidity.
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