Post by
zenith9 on Jan 11, 2021 1:02pm
Took a haircut today
Oh boy is it difficult to liquidate a position in BITF with the float so tight. Managed to break free with a haircut but will live to fight another day. Gonna wait to see how bitcoin plays out but it's looking weak to say the least. For those who bought today, you have balls of steel. May you be rewarded handsomely if it plays in your favour. For your sake I hope it does. Good luck and god speed!
Comment by
E17 on Jan 11, 2021 3:04pm
May I ask what size position we are talking about? I have found BITF to be very liquid in the $10k market - certainly not true of most TSXV listings... I personally think we have our new Institutional backers to thank for the support and liquidity today in the $1m size mkt.
Comment by
zenith9 on Jan 11, 2021 3:18pm
I allocated around quarter million to this. Big lottery ticket. Might try again if we see confirmation in BTC direction after Asian trading starts.
Comment by
HarfanddesNeiges on Jan 11, 2021 3:32pm
What time Asian market open ? GLTA
Comment by
BasebaIIfury on Jan 12, 2021 12:41am
you should be paying commission to Bac0n
Comment by
Zola2 on Jan 11, 2021 4:17pm
Totally agree, 20 M shares traded combined on all exchanges. Like the new Investors and this should support the stock. Still good potential here.