« Le nouveau dieu des actions » Serenity rappelle aux investisseurs : méfiez-vous du piège de la dilution infinie, évitez les entreprises avec des structures de financement « toxiques »

Finance Gold reports that the "new stock god" Serenity posted on the X platform reminding investors to pay attention to financing structures and circulating shares. If the fundamentals are good, consider going long after the original holdings are diluted to the extreme, but if you focus on equity appreciation, you should stay away from companies with "toxic" financing structures or debt burdens. Small-cap companies are at even greater risk, and examples are given:

1. IREN: Financing method is close to unlimited dilution, each rebound is sold off, essentially a "bad stock".
2. NBIS: Up 153% since the beginning of the year, benefiting from optimized financing structures (such as direct financing, convertible bond portfolios, etc.).
3. CRWV: High debt interest, the company uses high-interest loans for GPU financing, long-term eroding free cash flow. Serenity additionally reminds investors that when screening targets, they must carefully analyze equity structure, dilution risk, and implicit costs to prevent only looking at profits while actual equity shrinks.