A Few More Things To ConsiderIn the preliminary financials for 12 months ended 2023 the company noted that it was included in Paradigms "diversified watch list" and "shoud be on investors radars" which is a "potential precursor to full analyst coverage" the preliminary financials came in January so the next financial institution just recently mentioned Cormack as of March was not in the preliminary but was in the audited financial reports. In the report if people missed it the company was of interest to Cormack as of March this year as they were included in Cormack's "emerging ideas report"
I remain extremely excited and bullish on this stock especially as it continues to trade below .10.
I still say people are getting fleeced in selling to low share prices and in time i am willing to bet people will be complaining on the boards they either should have bought or not sold cheap despite possibly still making profit small loss or break even but for those who dont care strategically trading it will be a moot point.
I am extremely hesitant to sell but given my size of position which is a lot for me as i dont typically hold more than 10,000 to a max 20,000 shares at any given time i have now fully decided i will not add.
I am still eying btcw and bigg the latter which is above my desired sp strike point and the former which just now sits slightly below my max strike point for now of .10. I am not likely to lose trading out shares here for a possible exchange as i did say 4000 are something i may use but i dont want to end up with 2600 or so btcw although i think it is an excellent buy and hold due to its future potential but i am not sure a loss of 1400 over here is worth it simply because i strongly feel due to the heavily depressed share value sub .10 this may still gain more although btcw just missed being break even as stated in the recent financials if i am not mixing it uo with another company.
I think this company will either hit break even or be close this year. The pull on btcw is they are having what is called a lightning transaction software being worked on and to be ready by months end vs q1 2024 over here that should be released. Both companys have dropped stupidly and should not have as far as i am concerned. The rub with btcw even though it looks like a one trick pony so does this though is that it is "future proofing" bitcoins to be non custodial where from my understanding it removes the notion of coinage being held by 3rd parties and the extra fees involved along with possibly being hacked less secure...the lightning software i take it is that with non custodial wallets one has to be fairly knowledgeable with crypto because it can be challenging otherwise so a drawback along with speed of transfer another drawback both of which it looks like btcw is working to resolve. They have 180 atms around and lost a bit of revenue due to increasing their service fees but as a result increased their profit margins.
I love what i see in btcw looks like it can be a future buy target with what they are doing and i dont know if Mark Binns still holds as much clout in tge sector as he did several years back. Like i said btcw at under .10 is very attractive to me big at .16 is a bit out of my strike point but definitely worth it.
This stock trading poorly makes things tough in that i know it is trading at least .0465 lower than it should and with q1 2024 it should at least get above .10 btcw is more or less there so it is likely if i dont move on it i will need to wait and see where things go. Overall while i may be mistaken i think i am better off to hold what i have here and if that takes off more than this well 43,000 shares vs 0 btcw but the cost is loss of most like 1400 shares here or if calculated right paying 35 percent more.
Tough call. Both trading less than where they should...crypto is a bit quiet after the halving but will pick up i am sure soon so great time to grab promising crypto stocks i love what i see in btcw and big not so much btc blue sky digital although it is dirt cheap at .02 to .025.
Decisions decisions decisions. May will be quite telling. So far i have not said that both management and insiders need to do way better in giving share support here because either the insiders are strategically fleecing people to get shares from weak hands or they by not offsetting the constant manipulation down are more or less one and the same to me. I dont respect companies or insiders that dont give proper share support and after all that has happened i have stated it and this is a huge strike against this company despite being very happy with the results but like i said not share value...then again i could say the same for btcw it should not be trading sub .10 it fell from high .13 is this .105 so equal values the grass is not greener on the other side but the insiders know what is going on always making money and couldnt give two you know what for the rest at retail thats stocks for you!!!
I hope i dont regret holding here and passing on btcw even though i have way more shares here than i usually would it is a tough decision to say the least. No matter what i know we will make at least a double of where we are this year the price is that shiatty. My target remains .50 to .70 just not impressed with the blatent lack of share suppirt at this time.