Moore Threads suddenly issued a risk warning announcement tonight, timed at 7:59 PM.

The announcement straightforwardly stated: The new product hasn't started making money yet, and it is projected to lose between 730 million and 1.168 billion yuan in 2025. Then it shifted tone—our stock price has risen too rapidly recently, and there is a risk of decline. Everyone should be cautious.

There's nothing wrong with that statement. In just 5 trading days since listing, the stock price has surged 723.49%, nearing 1,000 yuan per share, with a market value directly inflated to 450 billion. Such a rise is rare in the history of A-shares.

The question is, how can a company that is still burning cash and has not seen a single yuan of profit rise like this?

The answer might be two words: group hugging. Institutions flock in to hype the concept, since the money isn't even their own. They first inflate the valuation, then see what happens. Dreams are always there; whether they can come true... that's another story.

Now that the official has even come out to pour cold water, tomorrow's open is expected to be lively. The most likely scenario is a strong start followed by a decline, with whoever runs faster staying safe.

Friends still on the bus, stay calm. For such stocks, taking profits when it's good is the right thing to do.