DVB
Deep-Value Investor, Ex-Tech Executive, Agentic Equity Research Builder
Soluna Holdings is a worthless micro-cap at roughly $187m, and a prominent investor's $1.4m stake looks like a setup to pull retail in before he exits. The pattern is to leverage his following, dine with management eager to pump the stock for their own exit, then rug followers. It has become a popular rotation ticker for the IREN community, and New Era Energy & Digital warrants similar caution. x.comÂ
Soluna Holdings holders should exit, because almost everything Mike Alfred buys usually drops hard, making his buying exit liquidity. The call responds to a post the author replies to that reports a Soluna position raised to 200,000 shares, with plans to add on further weakness. x.com x.comÂ
New Era Energy & Digital's shifting data-center story is not credible. @AtlasShrug1 notes the partner keeps changing, from PDI to Stream and a hyperscaler to talk of Anthropic via Theseus, with no LOI. The Sharon AI JV, what NUAI paid and what it got, says everything about the company. The PPA gives Vistra 5% equity for the right to buy power, and new CEO Nelson has been involved with Gray and New Era Helium since 2024, so he is not exactly new. x.com x.com x.comÂ
Xanadu's stock was a textbook trap that has now sprung, falling about 60% premarket as insiders exit. An S-1 registered about 294M shares for resale by existing holders, which brings the company nothing and floods the float of a startup with $4.6M in annual revenue. A multi-billion-dollar valuation was unsustainable, and as a post-SPAC name its hype premium evaporated once lockups and conversions hit. Brilliant technology doesn't make a safe stock when insiders rush for the exits. x.comÂ
IREN's governance is a red flag: it put a FinX influencer, Mike Alfred, on its board to shill the stock while continuously diluting shareholders through ATM offerings. It also acquired a PR company. Per @aleabitoreddit, IREN faces endless dilution like BKKT, ASST and SLNH, and Alfred has promoted every one of them. There is never a good reason to put an influencer on a board other than to have the stock promoted. x.com x.com x.com x.comÂ
