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Audit the drone roll-up: 12 acquisitions/~$2B in a year, 54% retail register, 31.8% short interest, and whether the unanimous $18-20 analyst targets are forecasting or financing.

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Verdict. AVOID as core; squeeze-and-catalyst trading vehicle only. P(beats QQQ)=0.18; P($18 consensus touched)=0.20; 2x 0.35 vs halve 0.68. All gains arrived overnight (+9,015% lifetime) while sessions lost 98.9%; every covering firm was a paid placement agent; targets were marked at the top days after the $1B raise.

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Ondas Holdings (ONDS) — Axion Equity Dossier (the roll-up audit)

Verdict. AVOID as core; squeeze-and-catalyst trading vehicle only. P(beats QQQ)=0.18; P($18 consensus touched)=0.20; 2x 0.35 vs halve 0.68. All gains arrived overnight (+9,015% lifetime) while sessions lost 98.9%; every covering firm was a paid placement agent; targets were marked at the top days after the $1B raise.

Full published report: https://onds-dossier.us-east-1.gists.org