Operation cucchiaio
reposting , I have a screenshot of the positions since first one got cancelled. YOLO? deep dive? how about both. mods reach out I’ll send the screenshot
listen up regards, while you are busy losing your wife boyfriend's money on 0dte, it seems you missed an IPO that makes no sense
Introducing Bending Spoons ($BSP): ipo at 29, pumped to 40, now a sitting duck at 36
this thing is actually worth 18 billion, more then the AS Roma (which is just ridiculous)
have a look at every tech ipo in history. Any chance this thing stays up above IPO price when figma is bleeding cash? Bending spoons seem like an easy sell to me.
here is why this thing is going to zero (not financial advice, I am a regard)
1 It’s italian, based in Milan. As an italian myself, this thing cannot work by definition. we are good at pizza (even though the Japanese are getting better), pasta (even though this is Chinese according to my ex), overpriced sports cars, and tax evasion (this one we good at).
we do not do tech. the servers probably go on strike every Friday, but this thing is a multi billion dollar Nasdaq empire
- the business model is sketchy
they dont actually build anything. their whole strategy is buying tier F internet companies that are already dead. Do you remember evernote, meetup, wetransfer? Guess what, they even got AOL, yes that AOL.
their entire playbook is: buy something that is cheap, fire employees, pump a shitty, overpriced subscription model onto it, maybe use dark pattern, then profit. You tell me about it, I am not downloading any of that
3. go look at the app store reviews for anything they own. I see two types: angry humans (1 star) trapped by dark patterns and getting charged money they didn't know about. Very eloquent 5 stars “wow i love using AOL in 2026 it helps my workflow!”.
my position: option chains are not out so instead I am shorting this thing borrowing at a crazy rate. If you are here for loss porn, get the lotion out. See you on the other side. I am 1400 positions short. my wife doesn’t know