Bullboard - Stock Discussion Forum Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s): CRYBF

CryptoBlox Technologies Inc. is a Canada-based blockchain technology infrastructure company. It is focused on building out its diversified blockchain ecosystem strategy that consists of digital asset mining and infrastructure, mining products and technology, and structured digital asset products and blockchain payments. Its infrastructure is based on the value chain that stems from off-grid... see more

Add To Watchlist

CSE:BLOX - Post Discussion

Cryptoblox Technologies Inc > news impact on share price

View:

Post by Pachuko on Feb 10, 2021 4:52pm

news impact on share price

Was there an overreaction to the news release? It would seem there is no immediate value increase and positives only come once there are sales which will be reported in future quarters only. Is future sales the benefit from the partnership agreement or is there a more immediate impact on the bottom line to acdc? If no this will most likely drop significantly over the coming weeks no?
Perhaps someone can explain the short term positive impact that would support the increased share price.
Thanks

133

Comment

Comment by teetznazz on Feb 10, 2021 4:56pm

The short term positive impact is this: When the clown is cryin... Its time to be buyin. Has been lucrative for me twice on two different stocks.

Comment

Comment by Goldy63 on Feb 10, 2021 5:00pm

Got that right Teet . Clownboy bashing and bullying all over my Green stocks EVE and SUGR today . Needs to get a haircut and a job . His short whales dont like green at all . Lets get PP news and a nice Bomb NR and get back on track . This has consolidated well for next leg up . Long ACDC .

Comment

Comment by swyint123888 on Feb 10, 2021 5:00pm

What do you think.....I don't expect this one contact to support the price forever by no means. The news release says starting in Q2 they will begin to realize this deal so like you say we will not see the money from this for several months for sure. I look at the whole picture like the product and the demand for it, trading activity and a host of other things. One NR does not a stock ...more

100

Comment

Comment by Pachuko on Feb 10, 2021 5:26pm

so as someone looking for an entry point do you see this pulling back some over the next few weeks? I see the future but as someone not invested yet just looking for the best opportunity really.

Comment

Comment by teetznazz on Feb 10, 2021 5:32pm

I would call the company and speak to them. Dont take advice on a stock message board. I know I am biased as I am long.

101

Comment

Comment by swyint123888 on Feb 10, 2021 5:41pm

There is only thing I can tell you and that is for YOU and your financial advisor to decide.....don't ever come to stockhouse for investing advice as it's YOUR hard earned money and nobody elses. Good luck....I guess one more thing I can say is HAVE FUN, trading stocks should be that way imo

102

Comment

Comment by Pachuko on Feb 10, 2021 5:47pm

wasn't looking for advice more looking for opinion from those that have been here and understand the deal that was signed and might have a sense of if there was an overreaction or not. the share purchase is obviously a personal choice but hearing from those already invested is to me important. the pr departments i have contacted over the years are not always the giving all the details. it is ...more

105

Comment

Comment by Goldy63 on Feb 10, 2021 5:51pm

Will add one more thing to what the boys are saying Pachuko. Do not spend what you cannot afford to lose . Info is power . Long ACDC .

Comment

Comment by teetznazz on Feb 10, 2021 5:54pm

part of the "over-reaction" on Monday was likely short covering. I myself are watching if this is consolidating to the new low of the chart. News could rip this open again at a moments notice though.

157

Comment