Aug. 10 at 4:24 PM
$BOXDQ should've never went public last year, Seven Oaks & Chieh took advantage of a favorable SPAC environment and made a bunch of money, good for them.
Unfortunately when you go public your company comes under different attacks that private companies don't face, ie hedge funds trying to short your stock to zero and retail investors swing trading for short term gains.
Next move, look at what happened to
$SPLS a few years back, they were acquired by Sycamore Partners, this is what's going to happen to
$BOXDQ, mark this post. Great overlap between
$BOXDQ and
$SPLS in the B2B space, especially in rural America.