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To: Carry_Okie

Those numbers are about the same as your local McDonald’s store


8 posted on 04/22/2026 7:41:31 AM PDT by Oystir ( )
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To: Oystir

To be fair, more like a high volume McD’s in a larger city but your point stands.

I remember SMH when people were buying in after the SPAC (and another piece of advice for novice investors... it’s usually a bad idea to jump in early on an IPO but it’s a truly TERRIBLE idea to ever jump on a SPAC. SPAC’s are for entities no professional underwriter/IB will touch).

A stock is ultimately worth what people will pay for it — but for the sake of the wallets of people who jumped in, I hope you sold short at 60-70... Even at 9.75 — that cap (my math says about 2.75b?) — that’s just amazingly too high for a company with flat revenue in the 3-3.5m range and no path I see for growth.

Day trading isn’t my bag - and I generally don’t in options, either... but there’s a cliche: The market can stay irrational longer than you can stay solvent... but rational valuations always catch-up eventually.


15 posted on 04/22/2026 8:10:10 AM PDT by Capn Hayek (Capital is not responsible for Labor's lack of planning)
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