Atlas Critical Minerals Corporation ATCX

What do the sellers know that we don’t? I just keep buying more here in the 7’s but wonder who in their right mind (with decent volume for this stock) can possibl be selling?!?

Looks like the genius sellers because of the Russell deletion are done selling. So stupid. Time to try and load up as much as possible. ATCX in the 8’s is moronic, $7’s was even dumber. It basically traded down to 6 and change x EV/EBITDA when peer group is north of 13. You just can’t make up this kind of stupid.

Those shares are awarded shares, not “acquired” in the sense that they were purchased.

Overhead and problems they face? What problems? COVID 19 has had no material impact on the company and net leverage has come down from 3.8 to 3.3 since going public. Additionally, this is an asset light business with mostly variable costs so not sure why you men by “overhead”?

Well, you can be like every other retail client...loser! Because an index doesn’t add a stock you sell it? Brilliant! It doesn’t change the company. Getting added to an index is an artificial pop and that’s it. Now all the morons who bought for the index add sold out and just allowed yet another shift from weak hands to strong. Poor get more poor while the rich get richer. Thank you for your cheap shares. Real genius.

Sadly, it got hit so hard that it is now comfortably lower than pre addition prices. Why some clown just threw a huge order out there and crushed the stick is behind me. Let’s hope that it has at least stabilized at this point. If seems to be trying to find a base. The company has said there has been no “material” impact from COVID 19. And their updated presentation shows how cheap they are relative to peers.

Voting shares

The reason ATCX collapsed Monday is because it got deleted from the Russell addition to the indexes because of lack of enough float of voting shares.