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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 > I’ve set my Limit Price to $60
View:
Post by CannaBaked on Apr 16, 2021 8:44am

I’ve set my Limit Price to $60

Canadians can beat shorters. Do your part, set a limit order $60.00 good for 7+ days. Let's show the world we can fix our own b.s up there like WSB did down south.
Comment by bufordpusser on Apr 16, 2021 9:40am
Another blood bath today. Enjoy!
Comment by Rejean1 on Apr 16, 2021 10:10am
Done!!!! ----------------------------------------------------------------------------------------------------------------------------------- CannaBaked - (4/16/2021 8:44:40 AM) I’ve set my Limit Price to $60 Canadians can beat shorters. Do your part, set a limit order $60.00 good for 7+ days. Let's show the world we can fix our own b.s up there like WSB did down south.
Comment by swhe on Apr 16, 2021 10:20am
Done here. 10,000 unavailable to shorters 
Comment by LeJames on Apr 16, 2021 11:05am
Used to always do this when holding shares and set the term to as far out as possible but then realized I was the only one who did this lol. Now that you guys are interested, 100k more shares are now locked and loaded for your cause. Cheers 
Comment by Barrhead on Apr 16, 2021 11:06am
Cannabake: It does not work like as you have suggested. I have seen countless times that it is actually the opposite. When you lock in your price absurdly high that's a bright green light for your broker or bank to lend out your shares to shorters. Those holding your shares charge a %/day to those shorters or borrowing your shares, and have plenty of shares to cover in case you decide to sell ...more  
Comment by Barrhead on Apr 16, 2021 11:29am
The %/day of fees that brokers/bank charge is based on the risk of the stock, for example shares for blue chip stocks are much lower versus smaller companies on Cdn or Venture exchanges wherein the sky is the limit. When/if HUT lists on Nasdaq the fees charged will drop like a rock, as HUT then should be in the upper level of stocks. IMO It is in best interest of shorters, your bank's/brokers ...more  
Comment by Barrhead on Apr 16, 2021 11:40am
We've been trading large volumes of shares for decades, and have our shares showing as if we are selling at Market...but don't enter password to Sell. As soon as you start entering to sell or buy shares, the scrambling begins at your brokers/banks for them to drop or raise the share price. Technology is great but it's against the retail investors.
Comment by LeJames on Apr 16, 2021 11:50am
Exactly. Set limit to 200% of the current price in case of a buyout and adjust as it goes when necessary. Cheers 
Comment by Barrhead on Apr 16, 2021 11:55am
LeJames: IMO according to your comment you're enabling the shorters, and feeding the greed of your brokerage services.
Comment by LeJames on Apr 16, 2021 11:57am
Don't teach an old dog who's been playing this game for 30 years new tricks, shorty. :)
Comment by Barrhead on Apr 16, 2021 12:07pm
Over the years I have seen my just purchased amount of shares, go up for sale by those that have borrowed from my brokerage service to help drive down the share price. Please tell me that you haven't seen the ASK price change as your typing in your BID on your screen...seen it countless times. We have seen the ASK price drop, right after we cancelled our large BID orders. You're hooped as ...more  
Comment by Barrhead on Apr 16, 2021 12:28pm
We invest at a time between $10-30k in a stock such as HUT and up to $100k on a blue chip, and HODL at times for weeks and at the other extreme; buy/sell the same stock up to 10x/day. Retail investing has its benefits, but shorting stocks such as HUT await the opportunity for sellers to lock in their prices at absurd price (s), and keeps them in the $$$$ day and night.