Inka229
$FIGR I just do not see how market can pump this less scalable business.
If market ever rallies at some point from now, market will pump AI buildouts, space industry, quantum computing, memory, etc which are far more profitable and complicated and scalable. (Which is why they pumped 100~2000% this year).
Why the fuck would people pump this fee collecting small cap? For what?
100% growth yoy is not sustainable, man you know that and market knows and everyone knows that.
That is why this has not been pumping.
(A quick pump and dump is possible tho, you saw on Feb this year)
Quite simple, just buy what keeps going up.
There’s a reason why some stocks keep going down and others go up.
This $FIGR is just a fee collecting business whose revenue is quickly saturating to the pre-existing lender levels, and is just pretending to look like some “infrastructure that can revolutionize the financial market” as the mgmt claims it to be.
They keep cashing out while saying that lul.
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