NBIS management is stupid

Without dilution news, it would be already at $120. It’s ok to dilute, but wait for 3 days until big news gets digested. The most stupid thing is they offer shares at 92.5 and the deal is expected to close on Monday. Hedge funds will short the stock into 92.5 until next Tuesday.

Originally it could go up to 120 by this Friday but now management team destroys momentum. I haven’t seen such a stupid management team.