In a recent communication to shareholders, David Bailey, CEO of Kindly MD, has raised alarms about potential market volatility as the company embarks on its S-3 registration journey. His warning comes amid significant fluctuations in the company's stock price, urging investors to reconsider their positions. The analysis suggests that the situation is causing growing concern.
Warning to Quick Traders
Bailey's letter to shareholders specifically cautioned those seeking quick trades to exit their positions, citing the uncertainty that may accompany the company's upcoming developments. This advisory follows a dramatic decline in Kindly MD's shares, which fell over 54%, reaching their lowest trading point since February.
Commitment to Long-Term Investors
In his message, Bailey expressed appreciation for the steadfast support from long-term investors, reinforcing the company's commitment to its mission. He emphasized the goal of establishing a defining Bitcoin-native financial institution, a vision that remains central to Kindly MD's strategy despite the current market challenges.
Currently, Eric Trump has stepped down from his position on the board of ALT5 Sigma due to compliance discussions with Nasdaq, as detailed in the recent report. For more information on this significant leadership change, you can read the full article here.
