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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Allbirds stock

Allbirds stock

Scheduled Pinned Locked Moved General Discussion
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  • 89th8 Offline
    89th8 Offline
    89th
    wrote last edited by
    #1

    Yes the shoe company.

    Yes they just said they are pivoting to AI compute.

    (wut?)

    Anyway, if you had stock, it shot up 700% today. Yes the far right line is at 20 now, it's hard to even see it.

    89a9d178-c084-469a-94f0-8985178efe34-image.jpeg

    1 Reply Last reply
    • HoraceH Offline
      HoraceH Offline
      Horace
      wrote last edited by
      #2

      Gee if they're not doing stock price manipulation, others will look at what a simple press release can do and get a bright idea. It might be framed as a felony or maybe class actionable, but I look forward to other companies trying this.

      Education is extremely important.

      1 Reply Last reply
      • 89th8 Offline
        89th8 Offline
        89th
        wrote last edited by
        #3

        My buddy who does financial planning or some such bother told me Allbirds is held by a larger company and this could just be a classic pump and dump. Then he made a similar joke about my mother. Friends, amirite?

        1 Reply Last reply
        • Tom-KT Offline
          Tom-KT Offline
          Tom-K
          wrote last edited by
          #4

          The guy who owns the mom and pop store where I get my bagel in the morning said he may be pivoting to AI too. If he can sell the place for a couple of billion he's going to give all his regular customers free bagels for life. I may be in for a windfall!

          Flushing the toilet is like practicing the piano; you just cannot go too long without doing it.--Axtremus

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