Post by
mrmomo on Jun 24, 2024 10:48am
And The Saga continues......!!!
There you have it folks......AND .......as predicted by yours truly!......Riot has finally shown it's REAL hand & intentions......
https://finance.yahoo.com/news/riot-requisitions-special-meeting-bitfarms-123000590.html
And then question now is......does this have ANY chances of happening & will this actually work?Can Riot actually "turnover" SFarms BOD.......?
ImHO......Propably not......But who really knows.?......Where this will end up?
Now......AFTER this "expected" move on Riot's behalf......THE GAME BALL is in SFarms's court....and i guess we'll see HOW they will react and what counter mearures they will attmept to put up..........to derail Riot's attempt shoft the BOD in their favor........
So get your popcorn ready......this should get interesting.......!
Personally....I'm kinda of disappointed this hasn't died on the vine yet and Riot is still pushing ahead with futile & crazy stupid endeavor.........but there's not much Riot s/h can do at this point apart from dumping their shares and moving on.........to other investments....
So i willcontnue to hold on to my Riot sharesand SEE how this plays out.........The stock is still rock bottom cheap and should Bitcoin regain it's mojo and head higher past 75K....along with the hope Riot makes SOME progress on their own operations by FIXING some of their "problematic" issues........then this could EASILY double from here.......without much effort.....
GLTA