Post by
Argyrocatharsis on Feb 19, 2021 9:00am
We need a short squeeze
problem is canadian market is small,no cowboys/mavericks to push this,to take the other side of the shorts with big money...hut8 stock price is trailing hive's by 40%+ just this week with much better fundamentals....we need to list on the nasdaq/nyse pronto,anything short of that we linger and get toyed with ,with no repercussions for the shorters, they have it tooo easy here....the company can do a suprise share buyback though,sell 500btc and buy 3.5 to 4 million shares...it'll pay back in spades...
Comment by
Kylemcc10 on Feb 19, 2021 9:05am
Canadian market isn't an excuse with hive killing it on the venture lol. But I agree they need to make a statement and not just rant on Twitter about how undervalued they are. Not even something to be proud of. A correction in bitcoin would crush us at this point considering we tread water when it hits new highs
Comment by
Argyrocatharsis on Feb 19, 2021 9:11am
can.market is the reason....no big fish taking the other side of these shorts...this would be suicide on the nasdaq....they'd get demolished...no repercussions here,tooo easy....
Comment by
stingray88 on Feb 19, 2021 9:11am
Exactly, Sh!t or get off the pot. No more excuses. BTC is primed and so should HUT be. I'm finding it interesting that Bitfury is selling at this particular price range and time when all signs are pointing up. They could get so much more value off the pieced it off at different levels. Head scratcher to me.
Comment by
stingray88 on Feb 19, 2021 9:18am
Hive 6.60 on the bid ask. Will overtake HUT soon with 3 times the float. This better make a move today or I will need to lessen my sizeable holding.
Comment by
Argyrocatharsis on Feb 19, 2021 9:21am
the miners/hut8 are leveraged investments on btc... your share price is held down big time....sell some of your btc and buy back shares,CRUSH the suppressors...and make multiples of your btc sale....simple math...
Comment by
deedee13579 on Feb 19, 2021 9:56am
Good point .... we are already running out of money to buy more HUT shares. :-(
Comment by
Argyrocatharsis on Feb 19, 2021 9:59am
I was referring to our esteemed company/management, but yes it applies to individuals as well....simple math
Comment by
bidoux67 on Feb 19, 2021 10:01am
I would buy more shares if I could but I am already fully invested. Not sure if it is short interest or what the reason could be but our share price is lagging against our peers. Very frustrating but still believe we will play catch up soon. Forever the optimist.