Info on Emjx that isnt pure hype.
Pumpers, stop saying people still think srxh is a pet health company, everyone knows about the reverse merger. The reason the price isn't going up is because no one believes in Eric Jackson.
Emj Capital in 2021 had over 500 million in AUM, it currently has 3.1 million. What does this mean? It means that Eric Jackson has either lost 99% of AUM, by making terrible stock picks or by having his clients leave him. It is most likely the latter as he talked about his biggest billionaire client leaving him.
This is the person who is supposed to build a billion dollar company? A person who lost 99% of AUM? Right...
He relentlessly pumped open door saying that the price would reach 82$. Tons of people jumped in on this hype when it shot up to over 10$ Where is it now? It's sitting at 4$ and some change. People that bought into the hype are down big.
This board is full of Pumpers saying ridiculous price targets of 5-10$ when it can't hold a 3 cent gain and sits at 12 cents...
Since the reverse merger was announced Eric Jackson started pumping the stock talking about 1000x and then srxh was diluted massively to raise capital, destroying the stock price.
After the merger Eric Jackson will receive a ludicrous amount of shares resulting in another massive wave of dilution. He cant sell for 6 months. People are saying oh but he receives more shares if he pushes the company to 1 and 2 billion dollar market cap, which he does.
I believe this is a trick designed to dupe retail into holding and using us as exit liquidity. Even sitting at 15 cents if Eric Jackson unloads all his shares he will make like 6 million dollars. So what if he doesn't get the other shares he just made 6 mil from retail. Also something like 5 billion shares were authorized for further dilution.
He wants to eventually build Alladin 2.0? What a ridiculous claim, on par for the guy who over hypes and over promises. And yeah he called carvana and open, but he has had way more misses and those winning positions were heavily underwater for a long time before they exploded.
Like an idiot I bought 350k shares at 16 cents and im down, but im holding for a miracle because im an idiot. And hey crazier pumps have happened and Eric Jackson could actually pull this off although the chances are super low.
Also easier for a penny stock to move up big than companies like apple or msft, but yeah, not looking great at the moment...