u/orishasinc2

Beware of Digi Power X ( $DGXX), Failed crypto to AI infrastructure pivot smells like insiders' daddy and son hustle!
▲ 3 r/VampireStocks+2 crossposts

Beware of Digi Power X ( $DGXX), Failed crypto to AI infrastructure pivot smells like insiders' daddy and son hustle!

“Digi Power X (DGXX) looks a lot like another textbook micro-cap pivot play. A failed Bitcoin miner reinventing itself as an AI infrastructure operator is a la mode these days. The stock trades at 15-16x trailing sales amid headline AI Infrastructure-driven hype. It has surged 400% over the past 12 months, driven by a series of aggressive press releases and Fintwit promotions that mask a decaying capital structure and falling revenue. In fact, multiple structural flaws support a skeptical thesis, among which: (1) an insiders’ arrangement that transferred substantial value to execs at depressed valuations through the US Data Centers subsidiary; (2) a history of relentless equity dilution; and (3) an execution record marked by slipping timelines, with the only material AI revenue not commencing until late 2026 at the earliest. And not least, and probably the most important catalyst: a Founder who could simply be qualified as a disingenuous, self-serving, hyping, bullshitting hustler leveraging the thin edge of a “legendary investor’s name and reputation to pump his stock.”

Q1 2026 results (May 15) represent the first major catalyst for a potential de-rating. Still, upward Volatility might last longer than operational value warrants.”

I would appreciate a subscription and comments...Preferably from the "haters" BTW!

Just kidding!!!

(Never Yield to Evil)

open.substack.com
u/orishasinc2 — 5 hours ago
▲ 25 r/GoldandBlack+3 crossposts

MeliFinance Newsletter #1

I have built a fully dedicated Newsletter for you that seek an understanding of the forces pulling the market for their own benefits and unfairly exploiting the people productivity.
Rule N#1: There is nothing new under the sun. Just don’t get caught up against the machine. It is unjust and unforgiving.
Rule n#2: You can come up on top; but you need the proper guidelines and the right mental state.

The system is not designed to inform let alone educate you: You are the exit liquidity; and they, they get to be bailed out when they get in trouble.

Subscribe, join the community, and let’s beat them at their own Game.

open.substack.com
u/orishasinc2 — 3 days ago
▲ 7 r/VampireStocks+1 crossposts

https://preview.redd.it/ukoi8apilszg1.png?width=5120&format=png&auto=webp&s=faa151f8efecdbecdf600cd0fe25f218e768545d

Beware of this pumped junk. 40M shares at $0.25/share.

The stock is beyond overpriced after stock split.

Could crash anytime.

Republic Power Group Limited (the “Company”, “RPGL”, “we”, “us” or “our”) is selling, pursuant to this prospectus, our Class A ordinary shares, par value $0.0125 per share (“Class A Ordinary Shares”) in a best-efforts offering for gross proceeds up to $10,000,000 at the offering price of $0.25 per share. 

End-of-week dump risk priced in.

If you hold shares, tread carefully.

xoxo.

reddit.com
u/orishasinc2 — 5 days ago

I wrote a two part semi biographical analysis on “ Maestro Alan Greenspan” a couple of weeks ago. The gist of my thesis was that “ power corrupts, and institutional power corrupts absolutely.”

Greenspan was an avowed gold standard hard money conservative economist until he gained the reigns of monetary policy as the world’s most influential economist and Fed Chairman. Despite his alignment with free market non interventionism, he became one of Wall Street’s most popular “ cheerleader”, where he was dubbed the maestro for his ability and skill in guiding economic and monetary policy to and for Wall Street large financial institutions.

From avowed libertarian to financial socialist, the trajectory of one of the world most powerful man in history. His legacy lives on with today’s market as the power elites has never been more powerful and wealthy while equally fragile and susceptible to collapsing its sand castle built on decades of interventionism and financial welfarism.

Read the article and gauge for yourself.

u/orishasinc2 — 8 days ago
▲ 10 r/CapitalismVSocialism+2 crossposts

I have always struggled with the horrified shock on right-wingers' faces when issues such as public education, public healthcare, or even public transportation are discussed. The issue, albeit rightly so, of over-taxation or gradual socialistic decay is raised to quell the matter. But, decade after decade and market crash after market crash, the bankers, the elites, the corporatists are bailed out, assisted, supported, and sustained by taxpayers, by Fiat intervention, by governments. No one blames socialism, no one calls out Karl Marx, no one fears the " communist" takeover.

That led me into a rabbit hole. I needed to investigate the history of "bailouts" and of state interventionism in the market. What I found out...

https://substack.com/@melifinancenewsletter/p-196396004

Just read the write-up, please.

PS: There is only one form of socialism, and it has nothing to do with Karl Marx.

u/orishasinc2 — 8 days ago

Red flag alert: Untrustworthy underwriter.

OneConstruction Group Limited (NASDAQ: ONEG) is a small Cayman Islands holding company with a sole operation via its Hong Kong subsidiary, OneC Engineering Projects Limited, founded in 2021. The firm acts as a subcontractor for structural steelwork on both public and private construction projects in Hong Kong, installing fabricated steel for residential, infrastructure, and commercial developments, usually as a subcontractor to larger general contractors. Its business heavily depends on Hong Kong government spending on housing and infrastructure, with approximately 86% of FY 2025 revenue coming from public- sector work. In FY 2025, ending March 31, it completed only nine projects and has about 26 employees.

The company went public on Nasdaq through a modest $7 million IPO in late December 2024/early January 2025, offering 1. 75 million shares at $4.00. 00 each, with WestPark Capital serving as the lead book-runner and American Trust Investment Services as co- manager. Shares initially traded near the IPO price but have experienced significant volatility, ranging from roughly $0.96. 96 to $13.50 over the past year. As of late April 2026, the stock trades around $ 8. 56, with a market capitalization near $137 million on approximately 16 million shares outstanding.

WestPark Capital, based in Los Angeles, is a boutique investment firm specializing in micro- cap and small foreign IPOs, often linked to China or Hong Kong. However,

It has a history of taking high-risk, low-float micro-cap companies public. Past FINRA actions include fines and officer suspensions for supervisory failures, such as a 2010 incident involving unsuitable trading and churning. The firm has been associated with deals that later experienced volatility, regulatory scrutiny, or pump-and-dump trading patterns.

Typically, WestPark's deals involve small capital raises (like the $7 million here), modest share floats, and companies with limited operational history or concentrated revenue streams—exactly fitting ONEG's profile. These characteristics often lead to large post- IPO price swings driven by thin liquidity and promotional activities.

  • 2010: $400k fine and officer suspensions for failing to supervise brokers involved in churning, unauthorized trades, and unsuitable recommendations.
  • 2021: $250k firm fine + $30k/4-month suspension for CEO Richard Rappaport over negligent misrepresentations in selling promissory notes.
  • Multiple other actions for AML issues, private placement problems, and oversight failures. More than 47 percent of WestPark brokers once worked at firms that were later expelled by FINRA.

Regulators including FINRA and the New Jersey Bureau of Securities have sanctioned WestPark six times in the past 11 years for a variety of alleged violations.

In 2004, FINRA suspended WestPark’s chief executive, Richard Rappaport, for 30 days from his management role and fined him and the firm $50,000 in response to allegations that WestPark omitted critical information from investment research reports and lacked supervisory controls.

Without admitting wrongdoing, Rappaport agreed to the punishment in a settlement with FINRA. But he then ignored the suspension and continued to actively manage WestPark, according to FINRA disciplinary records reviewed by Reuters.

His punishment for ignoring the 30-day suspension? Another 30-day suspension from FINRA and a $10,000 fine.

In 2016, West Park saw a hiring opportunity. The firm started taking on dozens of brokers from Newport Coast Securities, a firm that FINRA banned from the industry that year for excessive trading in client accounts to rack up fees and for recommending unsuitable investments. Newport appealed the expulsion.

By early 2017, WestPark had hired about 40 brokers from Newport Coast - including its former CEO, Richard Onesto.; Reuters (2017) reported that roughly half had disclosures, many from previously expelled firms.

A February 2026 class-action lawsuit accuses WestPark (as lead bookrunner) and others of enabling a pump-and-dump in Picard Medical (PMI) via alleged social-media promotion using stolen advisor identities, artificial hype, and insider dumping. The suit highlights WestPark's "well-known history" of high-risk micro-caps that later faced halts or scrutiny. (This is an allegation, not a proven finding.

https://preview.redd.it/ue43xy4q1cyg1.png?width=5120&format=png&auto=webp&s=619626eb281fde454e93dfe2395d5ba7a251e558

https://www.investmentnews.com/regulation-legal-compliance/lawsuit-accuses-underwriters-of-enabling-pump-and-dump-using-stolen-advisor-identities/265119

WestPark is not a trustworthy underwriter, and any company tied to it should be closely monitored.

$ONEG can spike or crash at any time; can you handle the volatility?

reddit.com
u/orishasinc2 — 14 days ago

https://preview.redd.it/smifnwyqzayg1.jpg?width=1280&format=pjpg&auto=webp&s=f612ae7840a66534470310293ac152bed5763a1d

Most financial professionals are cheerleaders for the status quo, for mediocrity, for unaccountability, for irresponsibility, for the rampant abuse of Trust, for a system that destroys wealth more than it produces. Most Financial professionals are in the Game, not out of passion or profound ideological conviction in the virtue of their vocation as Trustees of societal capital, but because, well, there is money to make in the Cantillon effect beneficiary capital market.

-They just follow the money to earn a living.

I am not one of those people. And I have repudiated their rules, systems, and approaches. The public equity market is the NBA or the Champions League of corporations. Only the best should be allowed in. It is that simple: Fuck your stock trade, show me the damn value in your business.

How have shareholders gained and benefited by holding onto your shares for the past 5 years? Why are you still allowed to trade and exchange your mediocre issues with individuals' hard-earned savings?

These are the questions that matter to me, and if I have to be the last person on earth to ask the uncomfortable questions, so be it. For me, it is essentially a " civilizatory matter", not just a punny trading, going long, going short issue.

Oooh well!

Provable evidence points to the fact that Energous Corp is a hyper dilutive reverse stock split financing bullshit! ( $WATT)

Energous has executed 21 capital raises since 2019! Predominantly through at-the-market ( ATM) offerings. Per Fugazi Research:

" One particularly active offering period increased outstanding shares by more than 140% over just 2 months, followed by a 30-to-1 reverse split to regain compliance with Nasdaq listing requirements."

https://preview.redd.it/nj92moj9rayg1.png?width=5120&format=png&auto=webp&s=ad4880ed326a2c3548f83441ddee644d514a5963

According to Fugaziresearch, the company's roots trace to entities with significant dilution histories. Majority shareholder, DivineWave Holdings, owned by founder Micheal Leabman, was associated with similar patterns of heavy ATM usage, reverse splits, and value destruction.

Fugazi Research wrote a well detailed report on Energous, no need to reinvent the wheel here.

Go ahead and read the article, get informed, and get smart. There are still a few people standing for what's right out there and exposing these schemes.

Wall Street is not your friend.

https://substack.com/home/post/p-191821404

reddit.com
u/orishasinc2 — 14 days ago
▲ 10 r/bloomenergycorp+4 crossposts

Bloom Energy has been around the block for quite a while, overpromising and forever underdelivering. Why should this time be different? 

2010s: Fuel cells as clean-energy infrastructure for commercial buildings and utilities.

Late 2010s: Hydrogen transition story — Bloom as a future hydrogen economy enabler.

2020–2023: Microgrid resilience and energy independence in the post-COVID era.

2024–2026: AI data center power crisis — Bloom as the hyperscaler’s grid bypass.

u/orishasinc2 — 14 days ago

Buffett's cockroach theory applies quite well to Bloom Energy, and I don't care about the hype or the consensus. Someone has to pinpoint the roaches roaming around its edifice.

Warren Buffett's "Cockroach Theory":

When a company begins to show signs of its own internal missteps (management mishaps, accounting irregularities, etc.), Buffett has a simple rule:

"What you find is there's never just one cockroach in the kitchen when you start looking around."

"Because any time you put the focus on an organization that's hundreds of thousands of people working for it, you may very well find it wasn't just the one who misbehaved that you found out about it…"

It's safer to assume the issues might be pervasive and adjust your investing actions accordingly going forward.

As Munger colorfully cautions:

"Never wrestle with a pig because if you do you'll both get dirty, but the pig will enjoy it."

u/orishasinc2 — 16 days ago