people who bought this years ago have already felt the pain. In more important news, people who bought from the CR or from the previous pump are now paying the price with -30% with barely any green days to share positives. How much more pain does everyone need to feel? New All time low close today…. To me it seems absurd to sell this at current cash value. However, they will burn through the cash very quickly and need another CR… so what price is this going to be at if investors are constantly selling this down and how much dilution?? will people who participated in the previous CR ever see their money in profit? If we are going to ride something down to 50% drawdowns… we expect to see at least 200% to replace that draw down. But if it’s diluted down significantly, it’s extremely difficult to see that kind of return…
IBX Price at posting:
1.4¢ Sentiment: Sell Disclosure: Held
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