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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 > Need a Good Explanation!!
View:
Post by Bluedawg on Apr 14, 2021 10:04am

Need a Good Explanation!!

Can someone really provide a logical reason why we are down 13% vs prior week while BTC is up 14%......this last week should have provided significant increase to our share price. This is getting so frustrating.
Comment by Biomed4077 on Apr 14, 2021 10:10am
One reason only , market is punishing the stock because the CEO is incompetent.... we have to call for her removal, ASAP
Comment by Dateraider on Apr 14, 2021 10:15am
All miners are taking a beating this morning, I don't like her but probably unrelated in this event. Even mara and riot are way down. Wonder if people are just shifting towards other stock to wait watch for the coinbase impact?
Comment by joecancer on Apr 14, 2021 10:17am
It's not just miners - it's pretty much all crypto stocks. Except Galaxy.  They're all getting crushed. And so is bitcoin.  It's all market manipulation to drive the prices down, and I assume it's related to the coinbase listing.  Someone wants to drive prices down and scoop them up for cheap.
Comment by Bluedawg on Apr 14, 2021 10:16am
Hard to believe it's a CEO issue when all 3 major Canadian miners are moving down together. It must be shorters have cracked the code since everymorning up we go, then off the cliff for shorters to profit. How do we stop shorters? Companies use some cash and start buying back stock? Ugh!!
Comment by LeJames on Apr 14, 2021 10:12am
Got people's hopes on the "uplisting" high with "f10" and "6k", which were more likely intended for the dilution, and then dump huge amounts of shares. The usual shenanigans.  Just one possible scenario though. Do your own DD as always. 
Comment by Kylemcc10 on Apr 14, 2021 10:14am
Down when btc is up. And then reallllly down when btc pulls back a bit. What a disaster 
Comment by LeJames on Apr 14, 2021 10:18am
The chart is still ultra-bullish. This stock could have just seen its April low or at least very close to seeing it. PT is 3x by the EOM. Cheers
Comment by swhe on Apr 14, 2021 10:29am
Weak hands are letting their shares slip. But for everyone selling, someone is buying.  I would just buy more   They aren't doing a share issuance at $5.00.