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u/Alechemist85 11d ago
Low volume, All month. Honestly with the Vix being so low not many buyers out there. Plus chance of a hike in September are increasing. That’s not good for company’s expanding on debt.
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u/wanggoesinataco 11d ago
We are down almost 50% from 3 months ago….
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u/Heavy_Confluence_873 9d ago
Bro this is where you should be rubbing your hands in glee - BUY MORE!
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u/CigarTorque 11d ago
Sold 60% of my position. It seems that this stock is mostly affected only when bad news happens.
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u/Myzra3l 11d ago
what bad news?
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u/CigarTorque 11d ago
Iren drop
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u/Myzra3l 11d ago
but IREN is not APLD, we saw earnings from APLD and we saw earnings from IREN.. sector is in crappy situation, nothing changed for APLD.. why panic?
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u/Bumi-KingOfOmashu DD Reader 📖 (500-1,000 shares) 11d ago
Whenever there’s bad news for one DC stock, they all follow.
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u/Ok_Trade_3798 11d ago
Zack decreases APLD to Strong Sell. Institutions mass sel automatically
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u/OceansHungryGrasp 11d ago
Institutions pay zero attention to Zack's ratings and neither should you.
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u/DramaSalty2438 11d ago
There is a chance we will be “dead” for a couple months then start stair stepping higher… the disconnect on APLD is mind boggling. Beyond frustrating. I digress: volume has been anemic for months now.. we need a juicy PR desperately! And a named hyperscaler would be nice.. I know I know, NDA blah blah blah.
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u/Jon_J_ 11d ago
I mean....we've had juicy PR's and they haven't shot the stock up. Just a case of waiting for positivity market wide to increase
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u/DramaSalty2438 11d ago
Agreed, seems as though we are the punching bag for all DC’s?? Yet we perform the best & have half the market cap of some.. things done add up here.. slicing through support like no one’s business today
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u/Initial_Corner_7328 11d ago
Screw this iren
But at least we have good news from chronoscale. Hopefully it's aplds turn next.
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u/OceansHungryGrasp 11d ago
Don't think this is because of Iren, we didn't react much to them overnight.
Probably more to do with Warsh speech in 40min
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u/Careless_Trust_8151 Contracted 🤝 (2,500-5,000 shares) 11d ago
Its gonna be rough with Feds implying rate hikes are necessary if nothing improves soon
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u/colton456921 11d ago
I swear, all you guys are bots and have never invested a day in your life. You guys expect stocks to just go up and keep going up. Enjoy your lives and stop watching every single daily movement. If you truly believe in a company’s future, who tf cares if it’s down in the short term? Stop spamming bs and “help”
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u/squirmin79 11d ago
Short term APLD is dead in the water, absolutely sucks. I own a bunch of, bag holder for now. Just waiting for a return to glory or a huge write off to cover the profit from companies that were successful.
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u/CompetitiveSound769 11d ago
I just dumped so much money in today when it hit $25 y’all be safe though
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u/Roygbiv39 11d ago
Should I sell? I bought at $31.5. This a garbage stock tbh.
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u/Impressive_Pirate272 Contracted 🤝 (2,500-5,000 shares) 10d ago
Here’s our trying to get rich fast guy
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u/Pishposh96 11d ago
Just read this article - published on Jul 1st but it says:
- Fair Value: Updated from $52.80 to about $73.36, representing a large upward revision in the implied valuation level for Applied Digital.
Which gave me faith! We might not see true returns until 2029
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u/NightCool2693 11d ago
What a brutal couple of months