Post by
Bac0n on May 24, 2022 2:11pm
Hive a buy soon?
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
Comment by
Singoa58 on May 24, 2022 2:14pm
Lol ...your buttfarm didn’t fair any better lol lol dumb turnip lol
Comment by
bufordpusser on May 24, 2022 5:16pm
another mass shooting shorty, you must be proud to be American today?
Comment by
Bac0n on May 24, 2022 2:33pm
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
Comment by
Singoa58 on May 24, 2022 9:17pm
Speaking of bagholders how's buttfarm working out for you lol lol boy did you lose your shirt lol lol