Edible Garden AG Incorporated EDBL

$EDBL oversold

$EDBL can at least one stock ever win for me

$EDIBLE Garden (EDBL.US)$
Edible Garden Reports a 324% Year-Over-Year Increase in Gross Profit for Nine-Month Period Ending September 2024
Positive
324% increase in gross profit for first nine months of 2024
55% increase in cut herbs sales year-over-year
27% gross profit margin expansion in Q3 2024
Raised $5.65 million through S1 offering
Reduced debt by $3.2 million
Expanded partnership with Walmart and Amazon.
Negative
Q3 2024 revenue decreased to $2.6M from $3.3M year-over-year
Net loss of $2.1M i...

What is this can someone please elaborate this?

What is this can someone please elaborate this?

Want to Invest in SpaceX or Stripe? There’s a Fund for That.
A new publicly traded fund allows individual investors to own a piece of 23 private tech companies, including Stripe, SpaceX, OpenAI and Discord.

April 5, 2024
Pink signs with D/XYZ on one side and the words “The Unicorns Have Arrived” on another, decorate the New York Stock Exchange.
A fund called Destiny Tech100 contains shares of private technology companies. It has historically been difficult for individual investors to own a piece of a privately held tech start-up.Sarah Blesener for The New York Times
Stripe, a payments start-up, is one of the most successful companies to emerge from Silicon Valley in a generation. Last year, it hit a valuation of $65 billion. But in the 15 years since it was founded, there has not been a way for most individuals to invest in it.

It is a problem that has vexed retail investors for years, as start-ups like Stripe, SpaceX and OpenAI soar to enormous valuations in the private market. Only so-called accredited investors with a high net worth are allowed to invest in private tech start-ups. By the time the companies go public a decade or more after they started, their growth has often slowed and their valuations are high.

A new fund, Destiny Tech100, is trying to change that with a novel solution. It is offering a publicly traded fund that contains shares of 23 private tech companies including Stripe, SpaceX, OpenAI, Discord and Epic Games. The fund, which began trading on the New York Stock Exchange last week, plans to expand its holdings to include stock in 100 start-ups.

Sohail Prasad, the chief executive of Destiny XYZ, the parent company of the fund, said his goal was to let anyone own part of the tech industry’s top private companies.

“We have tens of thousands of individual investors that are now shareholders in these companies,” he said.

$EDBL Does amazing and $AKBA 2$ soon in my opinion, just a matter of time because FDA approval is near!! But do your own DD and its no financial advice it’s just an opinion!

$EDBL

Why is this crashing so hard today? What gives?

He must be short ?

Low floater ???