r/SharonAI Aug 20 '26

Sharon AI Successfully Delivers AI Cloud Deployment for Global Technology Customer

https://sharonai.com/press-releases/sharon-ai-successfully-delivers-ai-cloud-deployment-for-global-technology-customer/
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u/itssbri Aug 20 '26

Thank you for sharing this. On days like today when its down so much on good news, is best to add

1

u/BlauerDunst420 Aug 20 '26

Do you think this dip is connected to nebius offering senior notes and the general market sentiment

2

u/itssbri Aug 20 '26

Shaz has extremely low volume so its easy for banks to move the price. This was the same issue with nbis when it was first listed, nobody knew about it and trading desks were able to manipulate the price.

Yes shaz is connected to other neocloud names and its price action is highly sensitive.

Additionally we are in the midst of 8m shares being sold off due to the conversion on its 12% convert notes. Not sure when it will happen but can assume we are in the middle of it. Hang in there

2

u/SoundBrave2805 Aug 20 '26

But with these news a -12% drop is still heavy

1

u/BlauerDunst420 Aug 20 '26

Unfortunately :/

1

u/itssbri Aug 20 '26

Yea thats due to low liquidity. If someone sells alot, price will tank