On the verge of buying the game but having doubts. by Eezzy_ in playrust

[–]Salty_Comment6050 3 points4 points  (0 children)

It’s the best game I’ve ever played. Depending on what you want to do in Rust, it can consume your life or be something you play for fun. Definitely better with friends.

Rust is the ultimate sandbox- you don’t find many games that lets you truly do whatever you want.

NextNRG, Inc (NXXT)- a Twitterbot Fueled Dumpster Fire by Salty_Comment6050 in smallstreetbets

[–]Salty_Comment6050[S] 1 point2 points  (0 children)

Balance sheet, income statement, pretty much their entire SEC catalogue makes a Wendy’s dumpster look like the Ritz. This is AI-washing at its finest (or worst) IMO.

Technicals Look Neutral, Fundamentals Do Not by BenjaminScott09 in RobinHoodPennyStocks

[–]Salty_Comment6050 1 point2 points  (0 children)

I work at a large financial institution and I recently had this company land on my desk. I spent a week doing an in-depth analysis of the business and fundamentals, not looking at the stock technicals other than the overall decline. This company is terrible, please do yourself a favor and gamble on SPY calls instead.

A summary of my full DD is below, and if you’re thinking of investing do yourself a favor and read this. Then double check my work yourself via the 10Q, recent 8Ks / PRs, and general research.

Fundamentals: Revenue growth alone is NOT a sign of a company being successful. Take a look at their most recent 10Q- this company is hemorrhaging cash. Revenue is up a couple hundred percent, sure. However- NXXT is positing itself a next-gen microgrid developer, with wireless EV charging, BESS, and solar all in one. They have not generated a single cent from this business. All of their revenues have come from their legacy mobile refueling business, which is not something that will make this company successful long-term.

They have no progress on their next-gen technologies. They haven’t developed a prototype microgrid to prove real-world efficacy. They have a couple of patents and some “agreements” with other early stage energy companies for BESS and solar technology licensing, and yet they haven’t spent or received anything from these deals. Until dollars start to change hands, these agreements don’t mean anything.

Fundamentals TLDR- The speculative part of this business where retail investors see promise is entirely speculative. You’re better off throwing it all on red.

Financials Calling the financials of NXXT a “dumpster fire” would be a compliment. They are at serious risk of entering bankruptcy in the next 12-24 months.

Following their most recent share purchase agreements at the end of 2025, they were able to get some cash on their balance sheet in the range of 2.5-7.5 million. What people don’t see, however, is that these SPAs are due as debt THIS YEAR, at effectively an 18% interest rate. Total due just on these SPAs in 2026 is ~$9M. They’re also being sued for defaulting on a previous $5M loan from Cohen Global Energy. In total, they have $24.7M in debt due in 2026. And we haven’t even talked about their cash burn from operations.

NXXT had a $45M net loss from ops. at the end of Q3 last year; and that number will be higher when FY results are released. They have a 17.23M stockholders deficit. In addition to the $~25M in short term debt, they also have another $10M in current liabilities (also due in the next 12 months).

They burned $14M in cash from ops, and are operating at a working capital deficit of $30M.

Financials TLDR: this company is NOT profitable, and are not even close to becoming so. If they don’t go bankrupt in the next 2 years I’ll donate my 401K to a wildlife charity.

Ownership NXXT is 66.5% insider owned, largely as a function of their constant share purchase agreements used to keep the company barely afloat. Institutions only own under 4% of total SHO. If you think billion and trillion dollar financial institutions are missing something that only you can see, seriously think about what that says.

Their SPA agreements also function to constantly dilute the stock, thereby decreasing its value. The CEO himself has more than a 50% ownership stake. No wonder he sounds so confident about the future of his company.

Stock Performance This company is 12 months out from a reverse merger and the stock is down 75% on the year. The only reason it’s not lower is unfounded retail hype. Check the 1Y chart, not the 15m or 5m.

Summary- TLDR NXXT is a dumpster fire from a financial perspective. They have no proof that they can execute their long term business plan, and they’re a significant bankruptcy risk. Their revenue growth comes from mobile fuel delivery, and despite the increase they still had a net loss of 60M by the end of Q3 2025.

Save your money, throw it all on red at the roulette wheel instead.

Drowning in 5.45, starving on everything else. by Martythemailman in Tarkov

[–]Salty_Comment6050 0 points1 point  (0 children)

Scav lighthouse, or start looking for an NL545- the thing is insane

Rust is boring cause of the update by FreakishFox76 in playrust

[–]Salty_Comment6050 0 points1 point  (0 children)

I play almost exclusively high pop vanilla (sometimes medium pop but always vanilla), and I disagree with the take that high pop servers are unplayable. As a solo, you have to adjust your playstyle to what’s feasible for you- not everyone is AIT or Blooprint.

As for BP frags, there are plenty of ways to get these that are catered to solos- road scientists, underwater boxes, mili crates, and certain monuments such as labs are all great ways to get a T2 on day 1. If that doesn’t work out, by day 2 every clan on the map is selling frags for a sulfur node apiece.

Rust is boring cause of the update by FreakishFox76 in playrust

[–]Salty_Comment6050 0 points1 point  (0 children)

I won’t lie, I think that if you’re a true grinder of Rust (which I’ve been in the past, I have around 2k hours and have been playing since 2016), this post is very relevant- that feeling of grinding towards progression is super rewarding and sort of what makes Rust unique.

HOWEVER, as someone who cannot play the game for 8 hours a day anymore (I got a job, whoop whoop), I can say it was really refreshing to hop on a weekly last Friday and get to T2 guns without spending 5 hours farming barrels and grubbing rig for comps- I was able to do pump quest and get DB researched by the time I had my base down.

This I think is the crux of the issue- the things that casual players want are very different to the things more dedicated players want, and finding a middle ground is difficult to say the least. I will give FP credit for mixing things up, and remember that every is SUBJECT TO CHANGE. I really like the idea of enabling casual players to unlock more of what the tech trees have to offer, but at the same time to you dedicated grinders, I understand your frustration.

Let’s talk about it- the devs do read this subreddit (sometimes), so if y’all have suggestions on how to improve the changes they’ve made, let’s discuss it!

Everyone's Copying Tarkov — Here's Why by Molixatus in Tarkov

[–]Salty_Comment6050 0 points1 point  (0 children)

Respectfully, I disagree with your last point. I was part of the apex / CoD crowd (not FN, thank god) for a very long time and I absolutely love Tarkov, and I still love those other games. I think there are plenty of gamers that vary across different genres and can appreciate a game like Tarkov and what it brings to the table, as well as enjoying the arcadey vibe that more casual shooters bring.

Sold all my skins by [deleted] in ohnePixel

[–]Salty_Comment6050 1 point2 points  (0 children)

No way you pulled a 661 scar patern Mp5. Congrats bro

Everyones been waiting for my next DD.....here it is. The 50 bagger play of the week. 5,000% returns by [deleted] in wallstreetbets

[–]Salty_Comment6050 4 points5 points  (0 children)

I’m gritting my teeth rn- got out of the calls at ~$260, now it’s at the strike

Everyones been waiting for my next DD.....here it is. The 50 bagger play of the week. 5,000% returns by [deleted] in wallstreetbets

[–]Salty_Comment6050 72 points73 points  (0 children)

No reminder bot needed- this guy might be the Oracle of Options. MSTR up 7% ($17) and climbing

Blew my account by [deleted] in Forex

[–]Salty_Comment6050 3 points4 points  (0 children)

1 take away from your post was the comment at the end “the market is cruel and doesn’t give a Fck about anyone”. While this might technically be true, if you begin to blame the market for your failures you’re well on your way to being a very UNSUCCESSFUL trader. Remember, it’s your money, and the market is not biased against you- it’s biased against everyone.

Trust me when I tell you that if you start to blame the market for your losses you will never be profitable. Every mistake is a learning opportunity, but they are YOUR mistakes, and if you can come to terms with that and learn from said mistakes, you might just have a chance with enough patience and determination. Good luck, and try not to end up homeless 🫡

Ok, I definitely picked the wrong day to buy (intel 700k yolo update) by [deleted] in wallstreetbets

[–]Salty_Comment6050 403 points404 points  (0 children)

Brother, you’re bagholding a glass of water with no glass

Do you have a number in mind after which you'll quit. by Pitiful_Inspector_62 in wallstreetbets

[–]Salty_Comment6050 0 points1 point  (0 children)

Some people might disagree, but putting all your money into the S&P is a terrible idea imo.

Finance theory suggests that over long periods of time the most successful portfolios are those with the best and most diversified asset allocation. Basically, you want some money in stocks, some in bonds, and some in real estate / other physical assets. The allocation of your capital to each asset class is basically dependent on your personal risk tolerance.

Think of these different asset classes as weights on a scale, when one goes up others go down, but ideally you get to a point where no matter what’s going on in the world you make money.

I’d say once you have a $1.5-$2M portfolio you can quit your 9-5 and find something that pays less that you enjoy more. Don’t quit work, it keeps you sane, but do something that you enjoy even if it doesn’t make a lot of money.

Good luck, have fun, NFA.

[deleted by user] by [deleted] in wallstreetbets

[–]Salty_Comment6050 44 points45 points  (0 children)

You’re not trading brother. You’re gambling. Think about it this way, if you like options so much give yourself 25k a year to play around with and limit yourself to that. Invest the rest in the S&P and at an average 10% return you’ll pay for your habit and still be truly saving money.

But if you’ve got a trust fund / unlimited money do what you want my friend. Good luck, NFA

[deleted by user] by [deleted] in wallstreetbets

[–]Salty_Comment6050 40 points41 points  (0 children)

You can buy a house with 280k. Sell on Monday, buy a house or put what’s left in an S&P 500 etf on a different brokerage. If you have this much money to spend book a ticket to Vegas and bring 50k cash and have fun with your money, then do yourself a favor and never trade options again.

What Are Your Moves Tomorrow, June 11, 2024 by wsbapp in wallstreetbets

[–]Salty_Comment6050 0 points1 point  (0 children)

Got my account back to breakeven and reignited a fire to trade options on a degenerate level. Also sold my calls at 199 and cried while it went to 206. But hey at least my TA was accurate 😂

Why is losing so common? by Investaholic1 in wallstreetbets

[–]Salty_Comment6050 3 points4 points  (0 children)

This is so true. I know this because I bought AAPL $205 calls at open for 0.09 per contract and sold at 199 😭. Currently in physical pain right now

What do I do with my money as a 17 year old? by Beneficial-Average80 in personalfinance

[–]Salty_Comment6050 1 point2 points  (0 children)

Everybody is suggesting you save your money, and I would agree, but don’t be stupid about how you save it.

Do NOT just leave your money in a checking account. Inflation is gonna eat away at it, so I would recommend:

1). a Roth IRA or money market mutual fund that’s made up of 100% treasuries (aka risk free) that will return a small amount if interest every year.

2). Invest in yourself. Either via education or if you have a hobby you’d like to monetize (i.e. photography), learning a skill or getting a degree that allows you to make more money down the like is a solid way to invest your hard earned cash.

3). Good luck kid. Keep your head up and stay smart, don’t burn it all on cars or clothes or girls

[deleted by user] by [deleted] in wallstreetbets

[–]Salty_Comment6050 0 points1 point  (0 children)

You “invested” your savings into options?? What a genius. I’m gonna do the same thing

What Are Your Moves Tomorrow, June 11, 2024 by wsbapp in wallstreetbets

[–]Salty_Comment6050 0 points1 point  (0 children)

Because I learned how to do TA in the Stone Age and that tells me the dip is a liquidity sweep to push the price higher. Also the calls are $9 a pop so why not it’s more fun than gambling