Concerns are rising regarding HSAI, a company reportedly planning to lay off up to 30% of its workforce. Observers note the absence of recent public relations announcements or SEC filings since November, raising questions about the company's transparency. Additionally, there are speculations about HSAI's previous attempt to launch an IPO in China in 2021, which was abruptly withdrawn. Analysts are warning that these developments could lead to a rapid decline in the company's stock price, with predictions suggesting a drop to $5 amid the ongoing uncertainty.