HIVE Digital Technologies Ltd V.HIVE

DEC 22nd HIVE: 2.86 ETH:592, JAN 6th: HIVE: 2.86 ETH:1190

[rwfresh]

DEC 22nd
HIVE: 2.86
ETH: 592,

JAN 6th:
HIVE: 2.86
ETH:1190

So what do you think the price of HIVE SHOULD be? 

This is stupid.

[AlphaJ]

well hopefully they are prudent on releasing the quarterly report. Based on what I see they should be around $0.06 - $0.08 eps. So let's say, $0.07x4x15 years= $4.20/share. Thats pretty honest I think.

[AlphaJ]

although this trades about 10 years forward multiplier. I think it should be 20 or more at this point considering how btc is becoming mainstream. But obviously the market is still skeptical. Can you blame them?

[rwfresh]

Construct your estimated price based on financials, historical action, cost and value drivers and related company valuations. HIVE should be 5-6 dollars today. For that reason I am out. I totally believe in HIVE but the risk due to this manipulation is too much. I'm not a long term holder and I believe long term holders could be rewarded short term as long at ETH and BTC don't see a

[Bac0n]

Wow you're not as dumb as I originally thought, I would agree with this analysis. (theres something I don't say often on this board) -Bac0n

[Baseballfury]

Hive ran up much more quickly than the prices of Ethereum and Bitcoin to the point where they were overstretched - their EPS for this past quarter will likely sit around $0.02 based on the number of coins they mined, which puts them at a valuation of about $1.20 (not considering future growth of course). That's just the math side.  Yes - I believe in the thesis that Ethereum and Bitcoin

[rwfresh]

So why is HIVE not following the action of RIOT, MARA, HUT 8?  Are any of the above the same price as they were on December 22nd?

[Baseballfury]

Hive's increase since November has been on par or outperformed those stocks - compare the percentage growth from the time periods and they're really close. For instance - Hive went fro $0.53 in November to $2.86 now. Hut 8 went from $1.28 to $3.92.  Hive's percentage increase is greater. 

[AlphaJ]

rw, hive is destroying hut 8 and slightly beating Riot on the 6 month chart. Not sure what your getting at?

[AlphaJ]

why 0.02 per share? If last quarter was 0.03. Btc trippled and etheruem doubled. The mine double the BTC. and still pulled out 22k eth? Plan B still thinks we have more room before a correction. This looks like btc is running to 50k before an major bear runs. Although, im shakey right now. I dont want to be here through another 6-12 month bear market.

[Baseballfury]

I admit it's a bit of a guess with the $0.02 per share, but the price didn't run up until way late in the quarter, so their average price for Ethereum was probablly around $550-600 and they mined 22,000 coins.  I don't think the price they received at the time for selling coins will reflect current market prices very well (historically this has been true each quarter). Having

[AlphaJ]

yea that's the thing, we don't know how much they sold and when. I do know that crypto is hot right now and hodling is increasing. According to a comment made by Plan B, institutions are still buying faster then coins are being minted. We could be in for a continuous run for a few more weeks. Im scared as hell but, you know. Got to roll with it