Hut 8 Corp HUT

Miner SP

[gvixid]

Funny how the canadian miners like hut and bitf react now. A weeks ago, they would jump 10-20% on a 5% increase in the price of Bitcoin. Now they barely now. But when bitcoin goes down 5%, they crash hard. At current btc prices if $50k usd, the miners are making serious profit. Hut should be trading over $12 and bitf over $8. Not sure how much the share price will move after results. Perhaps profits are already priced in at these levels

[Kato5579]

Its all buyers vs sellers. Believers vs doubters, longs against shorts. Hut still has alot of selling pressure, harder to convince new money coming in when they get hammered like the last few days. Weak hands and people in early sold, new buyers got cold feet. You can be sure the short position on HUT has increased. No substantial pop unless Bitcoin price go past 52-53000

[stingray88]

Exactly I've been saying this for weeks but some here claim I'm a whiner. So be it but I know an underperforming stock when I see it. BTC closing in on 52k should have us much higher. When it hits 58k we Hut will not be anywhere near $16 that tells you all you need to know. Hive which is performing with triple the amount if shares is the better performing stock. On Friday when everything

[BrITeChOIceswiN]

HUT's time will come. Sold all my Hive for a quick double to double down on HUT.

[gvixid]

I think another factor weighing down HUT is the continuous hinting at a nasdaq listing. The company has been teasing it for months and I would bet a lot of retail buyers jumped hoping for a quick announcement. Still nothing, so some of those same investors are likely bailing. I think Sue from IR has bien vert good at communicating with shareholders . But i think all the tweets about NASDAQ '

[stingray88]

agreed

[Argyrocatharsis]

totally agree , and my fear is the shares are being shenaggled slowly loose and accumulated for a takeover (interesting that some are seeing thatpossibility now)...it's at least 10-15% behind the other cnd. Miners relatively speaking, and NO a takeover will not be good if your an investor, pennies on the dollar of it's true worth...for short term traders it'll be good, I'm more of

[Rejean1]

I agree a takeover would not be the best for investors in obtaining immediate share price appreciation unless Hut can manage to appreciate a bit prior too. However, depending on who the aquirer is, the rewards can also  be substancial afterward. The suitor will  sometimes bring more  stability, a bigger market cap, a better experienced and connected management/ marketting team