Value?I can't figure this stock out. Small cap. EPS of -$1.00 Operating margin of nearly -50%. Book value of around $2.50 which seems infalted to me. Yet still at $3.67 with a year high of nearly $9. Got in and out twice and fast for a small profit though I could've been easily burnt for a lot. So risky as hell, high Beta.
Don't really understand how the present value is attached to this stock. Bitcoin way up but Hive way down from high. Is this kinda like a meme stock? Or does it just attract a lot of really clueless "investors" who either win or lose depending on their luck? As I said, I made a little quick profit twice and it seems cheaper now but then again I'd be nervous buying it as I don't see why it couldn't drop like a stone to ninety cents. Any thoughts or analysis would be welcome from someone who can explain the reason for this company's value.