RE:RE:RE:I’m outReally? Explain why with Ethereum hitting all time highs, BTC bouncing back , are all the Miners on a decline today. HIVE which is the biggest ETH miner is down 5% ? SEE: NDA, HUT.....
All the WEED stocks are down as well. See: T.WEED or T.HMMJ Why is that when they are just getting ready to paas laws in the USA to open things up?
The general markets are up and breaking new highs see: TSX and DOW.
Generally when that happens are the junior stocks take a hit short term.
There are a few things at play.
1." Sell in May and go away" is an annual tradition so one needs to hedge their bets.
2. DM debt is up over 70% to nearly $5 mil. I know it is a paper shuffle to put key staff in place , however financial players don't like it and put that in their investment calculations.
3. Everyone is waiting to see the first quarter results. Gunter pointing straight up when talking about the first quarter suggests that the numbers should be bigger than December times three.
This should caue a positive break-out.
4. Comments from gunter like " We were almost done, we had just over a $100k in the bank and maybe could not pay the staff", and " Covid testing is not for the long term it is just here to help our AI", are not Marketing Savvy comments. In fact they are not even accurate as India now has Four strains that the current group of Vaccinations have no effect on. Testing is here for years.
Wait for the next Financial release and sell half your position and ride the rest if you believe in Gunter.
JMHO