Monksdream
1年前
Thank you for this one, Renee
Let’s look at the long term chart which includes the massive reverse split earlier this year
As one can observe the highest price for a share was the day the company went public on the NASDAQ third tier ranking of stocks
It was all downhill from there
Due to the reverse split the price appreciations and the depreciations are somewhat exaggerated
Nonetheless, Troika Media became something of a cult stock in the aftermath of the Covid/Cathie Wood/Robinhood/Pandemic relief money giveaway in 2020 and 2021
Why did it go bankrupt question mark
Others may differ in how I view it
My view is the insiders who started this company and went public had no intention of building it into a profit making business
The ultimate goal was self enrichment
Those insiders now own chalets in Aspen, Colorado, McMansions in Boca Raton, Florida, ocean front homes in Malibu, California, enjoying prime rib dinners with bottles of Chateau Lafitte Rothschild in the most expensive and exclusive restaurants
But, Renee, as you know as well as I know there is a tiny percent of True Believers who will attempt to convince others Troika Media is still .the next Microsoft
Right
And pigs can fly
As an aside, Steve Ballmer of Microsoft fame now owns enough shares that he collects a billion dollars a year in dividends
Let the True Church roll on
RWFZS
1年前
“The Insider Sentiment Score finds the companies being bought by corporate insiders.
It is the result of a sophisticated, multi-factor quantitative model that identifies companies with the highest levels of insider accumulation. The scoring model uses a combination of the net number of insiders buying the prior 90 days, the total shares bought as a percentage of float, and the total shares owned by insiders. The number ranges from 0 to 100, with higher numbers indicating a higher level of accumulation to its peers, and 50 being the average.”
https://fintel.io/sn/us/trka
harry crumb
1年前
Pour souls, insider trading before the end! Hope they are all jailed, corruption at its best, sec is probably in on it to, entire markets are corrupt, shorting, naked shorting, its all a fu….. joke, trump will have this taken care of in 24! Mark my word