HyperBlock Inc HYBOF

Bitcoin thru $6,000

[blackgold909]

10,000+ machines mining away and cash flow positive at these prices.  Insane this company sitting at a $4mln mkt cap.... Time to pick off the sellers.

[Alj1616]

That would require buyers, and as usual there are none... Agree with you in the market cap, compared with its peers it seems awfully low.  It’s priced to go out of business which I don’t think is the case at this point.  There is just literally no one interested in buying this stock.  Maybe if bitcoin hits $7000?  Not sure if they are cash flow positive at these prices and

[KingBill]

But we will not know the performance until Q2 Finance.  We will get Q1 Finance soon this month but not expecting too much about Q1

[Alj1616]

Now through $7000... regardless of any poor thoughts about this company they MUST be cash flow positive at these levels.  Should spike huge on Monday, I will probably miss my .06 buying point.. I expect it to blow right through that.  Definitely to double digits mid week... A $50 million valuation for a crypto miner of this size at these bitcoin levels even feels low.. and the would put

[CNDguy]

I suspect we’re not there yet. I’m looking for when BTC goes above $8000. That should break all resistance and lead to substantial up side. That’s my thinking anyway.

[ThomasJ0000007]

This post has been removed in accordance with Community Policy

[KingBill]

Q2 Finance should be a decent one.  But we will have Q1 Finance first this month, not expecting any better then last one. So it will be still floating for some time...

[Alj1616]

Maybe.. but if Q1 finance can give us an idea of how much crypto they hold on their balance sheet it could be quite a boost for them.