Is anyone keeping up with $SOS. It's a crypto mining company in china that was getting talked about over the past few weeks. It's taking a massive nose dive right now because of Hindenburg Research claiming it's basically a fake company. SOS I think just made a public offering not too long ago and they were reporting to have bought like 10k machines to mine BTC.
I had just 100 shares at 7 bucks, but pitched it at a little over 5 for a loss right after the article came out.
Hindenburg Research Short SOS Limited (SOS)
Stocktwits is going nuts over it and saying it'll be the next WSB target alla Melvin Capital. There's so much noise though I really don't know what to believe.
Just wondering if anybody was aware of the situation and had some insight.