HIVE Digital Technologies Ltd. V.HIVE

RE:RE:Hive a buy soon?

[Bac0n]

reminder 

Bac0n wrote: the evidence:
1.

2.

3.



I tried to warn you... 
maybe next time instead of throwing mud at the only guy who knows what hes talking about.
try listening to learn something.

*sips scotch*
*puffs cigar*
*counts money*

-Bac0n

Bac0n wrote: well it finally happened, HIVE has completed its 5:1 reverse split. 
While all the current  bagholders, *clears throat* I mean shareholders, just lost 80% of their shares. the rest of us who avoided HIVE like the plague, might have a buying opportunity soon.

HIVE just went from roughly 400 million shares outstanding, to 82 Million.
FINALLY, at long last! HIVE did something about its disgustingly enormous share float.
thats a positive.

heres the negative.
HIVE will decline from here, its overvalued after this reverse split, regardless of what Bitcoin does. Once HIVE finishes it downward trend to between $2 - $2.50, over the next few months. It may actually be worth a look again.

I am for now remaining on the sidelines, until this mess sorts itself out. But HIVE is back on my radar as a potential buy in the near future. 
(assuming it drops enough)

oh and lastly, for all the veteran posters / readers on here.

I told you so.

*sips scotch*

-Bac0n