Post by
arh0070 on Aug 04, 2022 12:53pm
Straws in the wind
BNXA remains in the doldrums ,trading on low volume.
Michael Saylor one of the great bullish media advocates for Bitcoin has just left being CEO of the company he works at.
Robinhood which is a type of brokerage house and involved in Crypto, reported declining revenues and is laying off a third of its staff.
Coin is up almost 100% in the last two weeks following announcement of a deal with Blackrock.
I decided to buy a few BNXA at these low levels ,highly speculative buy .
Very little interest in it right now ,based on the theory that Stockhouse is a negative prognostic indicator it would seem like a good time to buy.
Voyager seems to be getting into more problems with the regulatory authorities in its Bankrupcy ,its been apparently claiming FDIC insurance might cover some of its customer losses.
Comment by
BigBangOrigins on Aug 05, 2022 1:00pm
Banxa continues to grow its business but doesn't seem to be getting any love from investors. Unfrotunately, it's a waiting game here. Banxa should explore taking the company private, much better valuations in the private market for a company like this.