Posts

Showing posts with the label investment advice

KindlyMD Shares Plunge 55% After CEO David Bailey Urges Short-Term Traders To Sell

Image
Shares in the healthcare-turned-Bitcoin treasury company KindlyMD plummeted over 55% after CEO David Bailey urged short-term traders to sell if they are only looking for quick profits. “For those shareholders who have come looking for a trade, I encourage you to exit,” Bailey wrote in a letter to shareholders. ”We view this moment as a critical opportunity for us to establish our base of aligned shareholders who are committed to our long-term vision.” KindlyMD share price (Source: Google Finance ) That steep drop has taken the company’s share price plunge to more than 89% in the past month, its lowest since February. Trading volumes have spiked to a record high. Wow. Intense volume. Thankful for all the messages of support. Today is a day of transition. We are upgrading our shareholder base from short term traders to long term investors. Brave the storm. To the ₿ullievers go the spoils. — David Bailey🇵🇷 $1.0mm/btc is ...