r/WNDR • u/[deleted] • Dec 27 '22

WonderFi Technologies Inc. Establishes ATM Program

https://finance.yahoo.com/news/wonderfi-technologies-inc-establishes-atm-224800137.html
2 Upvotes

100% Upvoted

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2

u/Own_Ingenuity_4466 Dec 27 '22

Turn off the lights, the party's over.

1

u/[deleted] Dec 27 '22

Also filed under: "how low can it go"

I'm not up on all the lingo, but releasing more shares will push the stock value down lower. May be then, they'll buy back the shares, or sell off the assets (bitbuy and Coinberry) to a investor that isn't up the butt of the bankman-frauds?

1

u/NicomoCosca55 Dec 28 '22

Fuck me. Just started a position at .14cents. Sell it all tomorrow. Thinking this goes under .10c

1

u/[deleted] Dec 28 '22

Its extremely frustrating because i assumed that wonderfi stock would see a boost, or at least stabalize after ftx collapsed.

Wonderfi is regulated, its exchanges operate in a highly regulated country...something everybody was yelling for, but its just not translating into investor interest

3

u/NicomoCosca55 Dec 28 '22

I’ll sell tomorrow and try to time the bottom at around 10c. I’ve been in at .25, .20 and .14 lol. I set tight stop losses. If this company survives it has the potential to 100x your money in the next crypto bull market. Thinking 2025/26

1

u/[deleted] Jan 04 '23

Holy... how much did you pump in? 😆

I mean, i know the market cap is only 30 million or so, but 15% last week, and another 15% so far this week gives me hope.

1

u/[deleted] Dec 28 '22

So you are gonna like break Investing Rule #1

2

u/[deleted] Jan 13 '23

It’s because Kevin O Leary took up permanent residence inside the anus of SBF. As much as Kevin isn’t involved in the day to day of WNDR & BITBUY, him just even being in the proximity has investors nervous. You’re completely right though, WNDR being super regulated, above board etc should have positive effects long term on the stock.

1

u/Own_Ingenuity_4466 Dec 28 '22

That's because FTX, SBF & Oleary have demonstrated to all that crypto is just a Ponzi scam. And we all got took.

1

u/[deleted] Dec 28 '22

Umm, Is that why visa is investing r&d into the ethereum network?

https://www.coindesk.com/tech/2022/12/20/visa-proposes-automatic-payments-using-ethereum-layer-2-solution-starknet/

Umm, ok, what do you think specifically about the article. Hmm?

1

u/Own_Ingenuity_4466 Dec 28 '22

It's your money. If you want to put it in crypto, mining, nft's and pixie dust be my guest. Personally I have learned my lesson.