Wolf of Round Street

@SheriffStrategy @Marvz_Said_It Don’t get me wrong, I don’t mind buying companies that make money. My issue is doing deals with people who don’t care about shareholder value because they only care about manipulating the stock for their own benefit. I think highs are in for the year due to same.

@WolfofRoundSt @Marvz_Said_It They’re currently guiding 375M also market cap is $5B, you inflated both stats- its currently properly valued in my opinion, it not an investor issue its a valuation issue

$ONDS Message to all bears: Over the last year ONDS is up 1,220%. If the dilution was “destroying value,” why is the stock even up? There are 6 analysts. Their average price target $19.83. Average rating: Strong Buy. The people getting paid to model the “Killer Dilution” still see 90%+ upside from here. Dilution is only "bad" if the money raised doesn't produce results. Ondas is using that cash to buy massive revenue growth and the results are there. - 2024 Revenue: ~$5.3 Million  - 2026 Revenue Target: ~$375 Million+ and will be over 500M. I love a good bear thesis but cherry picking dilution when the stock is up 1000%+ makes you look ignorant. We are golden.

@SheriffStrategy @Marvz_Said_It It’s clear the market is taking issue with buying revenue at the cost of dilution. There is execution risk and this massive over hang by “The Investor”. Every rip is met with selling/shorting by him, so while things might be great in 2029, many questions exist today.

@SheriffStrategy @Marvz_Said_It Those shares were authorized before ether January deal.

@WolfofRoundSt @Marvz_Said_It Because guidance was 175M and it was trading at a 5.5B market cap.

@SheriffStrategy @Marvz_Said_It Problem is the guy holding control of 25% of the company makes money both ways. You’re lying to yourself if these financing deals haven’t completely killed the stock & the momentum we should’ve seen from the execution. They (“The Investor”) owes us nothing. Highs in for year.

@SheriffStrategy @Marvz_Said_It Why was it over valued? They had all these deals in the works, if anything the 1Q acquisitions validated the valuation. This was always part of the plan.

@SheriffStrategy @Marvz_Said_It You failed to post the January deal that killed the stock as it was ascending ($15). Personally I’d have liked us to earn the $$$ thru the $20 warrants than do another deal. Per his note, 25% of the current float is controlled by warrant hedges. Too much power to one party.

@Marvz_Said_It Not true at all… Sep 2025 — Raised capital at $5.00/share (stock was at $6.06 that day) Oct 2025 — Raised $425M at $11.50/share, priced at a 16% premium to market Last I remember, stock ran up after $5 a share, also ran up after $11.5 a share…

@Fibonacci_TA Options writers gonna clean house on all these.

🐋 $ONDS Whale Watch $3.2M on the $11 strike, $2M on $12, and the $10 call just went vertical at the right edge crossing $1M. Price is sitting at $10 and whales are stacked on every strike above current price and the ladder is still building. Total call premiums across $10 to $15 are pushing $8M+ with everything positive and holding. The only bear signal is $11.5 puts at around $400K — flat and going nowhere. For a name priced at $10, $8M in stacked call premiums from $11 to $15 is not a small bet. Whales want this thing and they've been patient since April 17. What does $ONDS have coming that the market hasn't priced in? 👇

@Zac_Markovich “The Investor”

$ONDS Like what the actual fuck is this 🤣

@Zac_Markovich @JaneStreetGroup “The Investor” is making too much money pulling strings daily.

$ONDS Let the stock run already you crazy bastards @JaneStreetGroup

@Jake__Wujastyk “The Investor” is making money every which way.

$ONDS This thing just cannot catch a break

People continue to ask me for price targets on $HUBC. At this point I am more focused on the daily TTM squeeze indicator and the rsi trend. Probably see continuation of the move with RSI heading towards 40+ Weekly RSI is looking to exit oversold as well.

@ive_m5 Been riding with this homie since Covid. One of the best around and very generous/humble with his time. People give him shit when they should shut up and say thanks.

People are funny. Our port has so much random stuff in it that I don’t even know what it is. Long term divvy. ETF. Every now and then we find something and we post about it. $GOGO went from 1 to 23.69. $ONDS went from 0.4 to 15+ $HUBC we bottom ticked the bottom girl at the note holder conversion price. I don’t manage peoples money. I manage my money. I do my own research. I do my own DD. If you know how convertible notes work - there is opportunity abound. U DO U.

@TrisInvest Take out capital raises and employee compensation, you’ll get my vote. I’m a YES for acquisitions only.

$ONDS shareholder vote Approval does not instantly dilute you. Dilution happens if Ondas actually issues those additional shares for capital raises, acquisitions, employee compensation, or other uses. The proxy says that explicitly. What's your take?

@itschrisray @BMSInvests @YoYInvestor That’s what’s the convert guy said and we kept issuing convertible debt every time he asked. I know you weren’t here for that hell but we kept issuing it every time they asked for more.

Yeah they don’t need cash because like I said, they have $1.4 billion in cash sitting on their balance sheet that isn’t getting used up all that quickly. “The investor” won’t “come knocking” for more warrants because ONDS doesn’t need to raise more cash. They need to raise the max allowable share cap so they can issue new shares for acquisition financing, not generating cash proceeds. At least this is how I see it, though it seems fairly obvious.

I’ve been asked a fair bit for my opinion on the proposed increase of authorised shares from 800M to 1.2B, so here’s my honest, neutral take from someone who is essentially full port $ONDS: • Of the current 800M authorised share count, 481.9M are outstanding, 196.3M are reserved for warrants and 56M are reserved for RSU’s - leaving 63.7M shares that are actually “free”. • $ONDS wants to also add 20M shares to the 2021 Stock Incentive Plan (from 61M to 81M), so that would leave 43.7M shares available for issuance. • 43.7M shares isn’t enough to execute their Strategic + Growth plan, as we’ve seen them use shares as equity for M&A - and management have been clear that this is the path they want to take. • Now, the raise of authorised shares to 1.2B is a little 🤏 crazy. For context, at EOY 2024, total authorised shares were 300M, so approving this would be a 900M increase, or 4x, in 16 months. • If you bought 1 share at the end of 2024, and all of the proposed 1.2B authorised shares are eventually issued, then you would be diluted down to just ~7.76% of your original ownership. • For me, I knew what I was investing in. Capital doesn’t just appear for hyper growth companies like $ONDS, these increases are needed to fuel growth. • Is dilution the end of the world? No. Eric has proved that past dilution has been accretive and shareholder value has increased substantially in the last 12 months. It’s not a cash grab. • That being said, I do think that it will add more pressure and play right into the bear thesis of this being a dilution machine unfortunately. • There will be massive consolidation in the years to come in the industry, and $ONDS wants to be one of the market leaders left standing. But when is enough, enough? • I don’t believe there’s an integration risk right now, but just how much are they going to acquire? How much do they really need to be “successful” in their eyes? Will we have to approve to 1.6B next year? 2B the year after? • $ONDS market cap target is $15-20B, how much of that will be stock price growth? Or will most of it just be by adding more shares? Even if it ends up being a great idea AND they execute, it adds a lot of uncertainty. • Again, neutrally, just because the ceiling is being raised, it doesn’t mean they’ll be issued. It’s for flexibility and equity when and if they need it. • Some of the comments I’ve seen aimed at Eric are ridiculous. He has earned the benefit of the doubt and more with what he’s done for $ONDS and shareholders. • Overall, I still trust management and $ONDS, but this will delay growth or add pressure on the stock price in the short-mid term IMO. I don’t claim to be an expert, so I’d be interested to hear your thoughts.

@itschrisray @BMSInvests @YoYInvestor Because that’s essentially what “the investor” currently has and look at what it’s done to the share price.

I’m not sure I understand your question. You’re asking why don’t they get the share price high enough so that the warrant holders redeem their warrants and $ONDS can receive even more proceeds from them? Because they don’t need cash? Why do you think they do? They have $1.4B in cash right now that they’re not using from acquisitions. They want that cash for scaling their subsidiaries and running operations. They only need a little bit of it for acquisitions.

@itschrisray @BMSInvests @YoYInvestor It’s fairly obvious the suppression of the stock is due to the hedging happening from the last deal. Stock is down 40%. Do you think that when they get auth to issue more shares “the investor” won’t come knocking again? This is the same thing that happened with the converts.

@BMSInvests I’m glad you think so, because @itschrisray @YoYInvestor or anyone else will only talk & cheerlead the “let’s issue more shares” position vs asking why not go get the cash already out there w/ shares already spoken for position. I’d love for them to answer me but 1 blocked me.

@WolfofRoundSt I think that’s a fair question.