Yesterday at noon, $INIT was still at 0.27. I said the bad news was fully priced in and asked people to type 1. Now it’s hovering around 0.14; yesterday’s high of 0.30 has been cut in half, and it’s down about 49% in 24 hours. It even dipped to 0.11 this morning. Type 1 if you think it’s a bargain after getting cut in half; type 2 if you think the chain is still halted and it’s best to stay away for now. If I’m proven wrong, drop a like—I’m keeping an eye on it.
