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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 > The biggest risk of investing in HUT now
View:
Post by LeJames on Feb 17, 2021 6:36pm

The biggest risk of investing in HUT now

I still have boatloads of shares but I'll try to be as unbiased as possible. 

Fundamentals of this company are outstanding, which will very likely be confirmed by the mid-March results. 


Lagging is fine. To put things into perspective, both HUT and HIVE are around 12x from last summer when BTC took off. Sometimes one was ahead sometimes the other so it's more a Canada things rather than a HUT thing.

Even Fitbury's incessant sales will pass at some point. Wouldn't cal it the biggest risk. 


The single biggest risk is by the time HUT finally gets back on the right track to whatever fair valuation, BTC has topped and begun months-long corrections. 


We know this time is different for BTC but yes, even this time the unstoppable BTC will stop somewhere and turn back. 


James

Comment by chucker23 on Feb 17, 2021 6:59pm
This is why we need to get out their and pump the sh&t out of this stock. Otherwise the 'have's' run and control the price. I am tired of getting screwed by them. I am sick and tired of hearing that this stock is so undervalued...that does nothing for me. I need price action!
Comment by AlphaJ on Feb 17, 2021 7:10pm
What drives me nuts is the pressure releases from hut insinuatinghow under valued they are. They had a press releasetoday self boasting and then a tweet saying how their market cap doesn't match their hash rate. You can assume fron their tweet they should be a 2-4 bllion dollar company. So whats up? Unfortunately I'm already all in so I can't pump anymore.
Comment by AlphaJ on Feb 17, 2021 7:11pm
press releases*
Comment by AlphaJ on Feb 17, 2021 7:08pm
thats the problem I have. I dont want to wait around and then BTC goes into correction and there little profit to take. Trying to catch the momentum while its happening and sell around those hyper mania tops. HUT is missing the wave last few days .. this may last only another 3-4 weeks.
Comment by chucker23 on Feb 17, 2021 7:12pm
We might have a few corrections along the way but btc is going to well over 100k by Dec. 2022. This becomes more obvious each day btc achieves new ath's.
Comment by Argyrocatharsis on Feb 17, 2021 10:47pm
Exactly, BTC is in a bull run,violent ups,violent downs...next violent down at 55k,60k,65k?....HUT8 is lagging Big time it's canadian competition, especially Hive....FOMO will shake out shareholders to the other runners....when the smart money SHOULD be buying hand over fist HUT8, and by doing this overwhelm the manipulators with buying pressure.
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