/biz/ - Business & Finance

>>57919482
Larry Ching made a twatter post about sharing bad news early. This has happened before when earnings were released earlier than expected. This time earnings are still not announced and they are leaving it as late as possible.

RC has been able to invest the ~$1B for the last 3 months during a period of crypto boom and ATHs in the stock market, pretty difficult to not have made decent returns. At 10% pa he should have made $25M during that period.

Q1-Q3 2023 net losses are $56.4M, Q4 2022 net income was $48.2M so over yearly profitability will be close

60 days for Q4 reporting mean earnings have to be announced this month

unironically 2 more weeks

>>55206602
Yes, I think this is one of their only hopes to control FOMO.

The timing of the other doc pumped on SS that gave air time to AMC seems like another attempt to split retail fomo. Expect that AMC will also run tomorrow if we do to maintain that narrative.

I also look forward to learning what is happening with BBBYQ

Russia sanctions easing, production results Thursday 11am UK time.

https://www.entornointeligente.com/live-blog-eu-to-soften-sanctions-on-russia-amid-shelling-in-ukraine-south-4/

Aside from the above is there any reason for this buying?

Appreciate that volume is still tiny but still looking good POLY bros