/biz/ - Business & Finance

>>50936150
Yea I was really surprised when it started selling off hard in the last 6 months, but it was in line with the Russel index and most other small caps that were so reliant on increasing debt costs to finance growth. Most long-duration equites like that were toast with the fed funds hike. There was also some short-side retard on Twitter who started making unsubstantiated rumours about the Abbax progress in their roadmap, which cause less many angel investors to jump ship. Pretty sure Goldman Sachs still owns 20% of the float, and NYSE parent company ICE is also among the institutional support for Abbax.

I’m expecting this to be a home run Pick if the commodities exchanges goes well, it’s just continued patience and faith management will deliver is required. It’s paid off today, as we have further clarification on the announcement of the exchange launch, slated for this fall. Good place to buy cheap shares imo.

https://stockhouse.com/news/press-releases/2022/08/16/abaxx-updates-q2-2022-development-activities-commences-exchange-launch-planning