Applovin CorporationShort
APP Applovin Dives into the Basement SEC Filings
This post is for elucidation, education, and learning. I am new to investing.
As such this post is certainly not advice. You MUST do your own research!
Started with Elliott wave analysis which showed a cratering explosion downward. There had to be a reason why?! I started to think dilution .....and yes that is there in spades however that was not enough.
https://app.wavebasis.com/chartimg/Q5tyvReTJHUheAwk
I learned so much about how lower float AI tech firms work.
Spent a few days going over and cataloging SEC Form 4 filings and looking over quarterlies and annual reports.
Oh.
My.
God.
Please do your own research.....and let me know if you come to the same conclusion.
Look at my chart notes.
TL;DR
Stock gets pumped in ai thrill...
All execs and investors sell at high price.
They offer a HUGE buyback program which speaks to how successful they are!
Stock soars because hey, they must be doing great if they can pull this off?!
They then create an incentive program to offer those shares back to the founder and C-Suite.
Of course the founder and C-suite earn those shares back, and then dump them at market high ($60-$90). In fact most of them do it within one day of vesting.
Guess...what?
Rinse and repeat. Over and over.
Not sure if big guys know this is happening (I can't imagine they don't), but ultimately this process has the net effect of fleecing retail investors...who are the least able to afford such a devastating hit.
As such this post is certainly not advice. You MUST do your own research!
Started with Elliott wave analysis which showed a cratering explosion downward. There had to be a reason why?! I started to think dilution .....and yes that is there in spades however that was not enough.
https://app.wavebasis.com/chartimg/Q5tyvReTJHUheAwk
I learned so much about how lower float AI tech firms work.
Spent a few days going over and cataloging SEC Form 4 filings and looking over quarterlies and annual reports.
Oh.
My.
God.
Please do your own research.....and let me know if you come to the same conclusion.
Look at my chart notes.
TL;DR
Stock gets pumped in ai thrill...
All execs and investors sell at high price.
They offer a HUGE buyback program which speaks to how successful they are!
Stock soars because hey, they must be doing great if they can pull this off?!
They then create an incentive program to offer those shares back to the founder and C-Suite.
Of course the founder and C-suite earn those shares back, and then dump them at market high ($60-$90). In fact most of them do it within one day of vesting.
Guess...what?
Rinse and repeat. Over and over.
Not sure if big guys know this is happening (I can't imagine they don't), but ultimately this process has the net effect of fleecing retail investors...who are the least able to afford such a devastating hit.
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