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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 > Capitulation
View:
Post by LeJames on Apr 07, 2021 4:16pm

Capitulation

Not saying it's the end of this downturn but some encouraging signs of people capitulating is beginning to emerge:

Volume is picking up. No where near the "normal" levels but it's beginning to increase. 

RBC's selling spree continues but mind you, they have net-sold 3M shares since March 15 when Bitfury filed on SEDI and basically said they still had 2.5 M shares to sell. 

Men who were into hitting on Sue on Twitter are beginning to swear and post nasty stuff in their comments on Sue's reposts.

Cheers
Comment by stingray88 on Apr 07, 2021 4:35pm
Nice bounce back on Hive late in the day. That stock continues to shine for me. Hit drops 7 -10% daily not aligned with the norm as usual. Short squeeze would go along way here. Btc's downward pressure should subside soon, maybe even tonight as some whales are now below their recent buy in.
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