It was hyped up like so many others, Wine Depot should never...

It was hyped up like so many others, Wine Depot should never have gone to 20 cents in the first place based on the financials during the covid tech bubble

A series of mistakes and misleading announcements from previous CEO (who got kicked out), they bought growth through aqusitions rather than organic, capitial raise led to dilution, purchased Partons logistics (not a real profitable business), capital raise more dilutions, overpaid for Kaddy, Russia/ Ukraine war, another raise, so many variables and now uncertain times. DW8DD is now the official trading name following consolidation. New CEO running the show. Possibly at these levels it's worth a roll of the dice if you like to gamble.

I sold out and lost a fair bit so don't take the above as finanicla advise.