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softcareline
@user637826
Follow me for analysis on AI stocks/Trade ideas 🙂
Joined March 2022
108 Following    800 Followers
IMO this is double edged sword for $SIVE Negative effect for short term unless 140M$ gets absorbed quickly by institutions and retail, but it all depends on their exit strategy if they even are gonna sell their shares Positive effect for their financials, positioning and US Nasdaq listing. Personally i’m long on $SIVE and ignoring all noise. Sivers as company is getting stronger and nothing has changed.
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No, it’s the same if not higher. Markets are closed and if there’s no new developments, then I have nothing new to add. $SIVE is personally one of my largest holdings and I’ve posted all my thoughts on their hyperscaler supplier relationships. So I’m just waiting for volume ramps and company execution and ignoring a lot of noise. The convertible notes is not new information and was likely priced in for awhile. Having it executed now is not a positive thing like others are framing, since Bootstrap Europe is a venture debt fund. There’s likely instituonal swaps happening given oversubscribed instituonal demand around these levels. $140m is not a big amount in terms of institutional flows.
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