Aug. 17 at 8:30 PM
$ONDS there is no bear thesis that makes shorting safe here. Institutional shorting is hedged by the warrants, in other words, they are direction agnostic and make money NO MATTER WHAT. That’s not manipulation, well I guess sort of 😅, that’s just financial engineering to make money from volatility, just at a higher level than retail. With enough capital one “could” replicate what tutes do.
Right now, the drone market isn’t priced by fundamentals nor future fundamentals. It’s being priced by feelings/hype and financial engineering. The “free market” is not at play here, yet. For example, Swarmer
$SWMR is at
$46 SP with revenue in the hundreds of thousands in revenue, deep red cash burn. I’m not convinced US military will use swarming drones, that’s like carpet bombing: imprecise, collateral damage almost certain = a political nightmare. Yet where is the fear of future dilutions and cash burn on Swarmer?
