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Bullboard - Stock Discussion Forum Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Things may indeed be heating!
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Post by stingray88 on Feb 06, 2021 10:58am

Things may indeed be heating!

A few keys that I am hearing and we are all hearing:
1)  The Elon effect
2) Nasdaq listing in near future
3) BTC  rise to new highs and crossing key levels. 
4) There was a 2 day consortium BTC hosted on FEB 4,5  that just wrapped up. There were some heavy hitters that were invited and attended. They were all top CEO's of major companies. The gist is they made a presentation about how they were going to move Btc and their plans to accomplish that.
5) If indeed there is a 1 billion dollars short on BTC they will be crawling over each other to cover. The stampede will cause the price to go parabolic.
6)This one is just a whimsical dream, if the Reditt group gets a hold of us like they did Game Stop, well you know the rest ha ha.   Happy trading all.
Comment by LeJames on Feb 06, 2021 11:23am
The best one is the massive short positioning in BTC. Once BTC gets to new highs all shorties will be under pressure to cover and the higher it gets the more pressure on them. Cheers
Comment by stingray88 on Feb 08, 2021 10:08am
like I mentioned last week. It will take btc to be 50k to get us to $7 -$8 . Disappointed here. New all time high on btc and we are not. Oh well will continue to hold my core . But taking profits from my flippers I bought Friday
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