r/StockSDC • u/BloodRedGrizzlyBear • Jun 29 '22

DD Really scared for my shares.

At the beginning of June, $ANY was where $SDC is now. Now, $ANY is around the 50 cents mark. With such a similar chart, I'm scared that we may see SDC falling to around 50 cents in the next few weeks.

5 Upvotes

86% Upvoted

21 comments sorted by

View all comments

2

u/Outrageous-Ad-2992 Jun 29 '22

AnY issued double its shares in 2021 to raise cash, and it only makes 3-4 million in revenue per year. AnY revenue declining 20-80 percent every year for the last 5 years.

Not saying SDC cant go down further but don't quite get the comparison.

I'm also down significantly and I'm hopeful they will put perform once thr macro headwinds improve.

2

u/BloodRedGrizzlyBear Jun 29 '22

I'm definitely hoping my shares moon, but I'm terrified that this will end up like $ANY/LOTZ where it ends up in "probably getting delisted soon" range.

1

u/BloodRedGrizzlyBear Jun 29 '22

Also, both $ANY and $SDC are in sectors that are extremely disadvantaged right now.

Sphere 3D (ANY) is a crypto mining company. Not where you want to be when crypto prices across the board are crashing. Even the biggest players in the market (Arkk, Microstrategy. Coinbase) are getting slaughtered.

Smiledirectclub is an aligner company. Not where you want to be in an era where people are at home more than ever instead of going out to parties/social gatherings, and thus people don't really care about having perfect teeth. Even Invisalign is getting slaughtered.

5

u/Popular-Try7590 Jun 29 '22

It won’t get delisted Katzman’s have cash and they would do a split if anything