The analyst predicts that IREN stock will go negative sometime this year due to multiple operational and management issues.
Multiple negative signals including under-energized operations, customer dissatisfaction, energy revokes, no major deals, key executive leaving, accelerated vesting, investor distrust, lack of key hires, and no software platform progress.
I'm going to drop this prediction. $iren will go negative sometime this year. You can say a lot but the most interesting signal is that the Roberts issues $800m now, knowing that the companies may miss the mark, securing their payday. 1. Under energized as scheduled. 2. Customer dissatisfaction. 3. Energy revoke 4. No major deal. 5. Key exec leaving 6. Accelerated vesting. 7. Investor distrust (sell off) 8. Lack key hire 9. no software platform progress
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +13.1% | +12.2% |
| 1 week | +7.5% | +6.5% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |