I think you could be right and just like the massive revaluation of the whole spec end of town on the Nasdaq unless you can start showing that the company will generate profits and soon then it’s most likely worth something between $0 and $10m
In a world of increasing inflation luxury goods aren’t going to fair well so Reduit will struggle big time even with PP on board. So whilst some holders see the current action and think it’s manipulation and a buy signal others are thinking otherwise and realizing the road ahead just got all that much harder.
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