Post by
ScarletSpider on May 08, 2024 12:54pm
I Compromised....
I did not want to give up 4000 bet shares so close to q1 2024 and wanted to have a few shares in hand for amounts less than equal to or greater than my planned 9000 shares being moved at $1.20 plus. I couldnt let btcw get away knowing i was after it and or big. I really love btcws future potential so i grabbed 1300 shares (1236) or thereabouts pais another 3 something to get it to 1300 but lost 2000 shares here. I thought that was the best of two worlds. This goes up the way it should i still kept half my 4000 this lags and that shoots up i dont miss the gains.
So far this company has not hit adjusted EBITDA positive or has claimed it will be cash flow positive btcw is EBITDA positive and the CEO is very optimistic they will be cash flow positive this year.
As far as what i said here the trajectory is so strong actually and that i see 0 reason it will not at least equal to if not better it that i said i see this being both EBITDA positive and cash flow positive as early as this year which i am still holding to however if it misses next year for sure. Mays financials will be telling. Btcw is down on the financials as there were some losses that brought about a 26 percent decline in parts of its impairment on onlining something from 2023 as well as strategically taking a loss in atm revenue when increasing the fees but it boosted profit margins and worth doing. It is also down on its software portal news or at least 0 gains and i see it as significant actually. Tge issue is will the company have its lightning portal done by end of May? I strongly believe so that is why i did not want to sit on the sidelines.
Crypto renains with us is the future hit a soft spot due to the halving which i read is the crypto equivalence of inflation rates and it by the looks of it happens annually so either sell shares before March/April by the looks of it or hold and buy on the halving. I see a great buy and hold for btcw possible take out target.
As far as this one i see above .10 and this time legging up in June however where the two companies' values will be hard to tell and now there is no sense worrying as i made the move it was a bit of a compromised hedge as now i dont feel i need to diversify out of this and i have something else to put my ire on if this remains fairly dead money well i have btcw now as well but hardly any shares to be as uoset as i am here right now so now as witb axe my ire will be far less however i still expect way better from this company and from the insiders no excuse for garbage non fair botton acceptable share value .1165 and if not at least a measly dime really not impressed by this and now i showed it...but it was all calculated as a hedge to remove my ire and to diversify well worth having done. I still expect no less than .50 this year as that is what i see of the trajectory and all that this has going for it but again i am speaking as a lay person as objectively as i can and with all things time will tell. Hopefully i will pipe down as i have laid out my overall comments about this company both praising abd today scathing in regards to the non justification trading sub .10 0 excuse for that and hopefully this doesnt in the near ter jyst scrape by it destroys it and stays up. .15 is a destroy although .20 preferred as i want this nothing less than .50 this year that is my target for this company to reach lets see.
Comment by
evilballs on May 10, 2024 8:56am
Your posts are garbage. Hard to read, they run on different subjects and have very little facts to back up any statement. Sometimes I wonder if you have learning challenges similar to the special needs kids my wife looks after.
Comment by
ScarletSpider on May 10, 2024 10:10am
Evilbalis it is cool to state your opinion about the quality of my posts but not cool to cross the line and make personal comments. What does your wife's work of looking after special needs kids have to do with this stock? 0!!! Totally irrelevant. But thank you for reading my posts and your comment good to know. Best wishes all the same. Glta
Comment by
evilballs on May 10, 2024 2:19pm
I don't read your posts. I've tried and seriously. Cannot make sense of any of them. I think this company is FAR from turning the corner. Out of the two in Canada RVLY would be the better buy and will probably take off before BET ever will. THIS IS A DOG in an industry that is a DOG performer in Canada.
Comment by
evilballs on May 10, 2024 2:37pm
I was holdin on to a few share through the fincials but its clear despit the strong growth of their handle they can't take the increased nuinbers to improve things that matter like the bottom line. There was ZERO improvment in some key metrics which shows they are going to take multiples of what they do now to hit breakeven without some structural changes to how they do business.
Comment by
ScarletSpider on May 10, 2024 2:54pm
I will need to see what the 3 quarters of 2024 look like hard to say for sure. Time will tell.
Comment by
a2bman on May 13, 2024 9:40am
Evil, What "key" metrics? Im sitting at 065 right now go ahead and hit that shiite, Ill take evrything you got.