Post by
Cks252 on Jan 12, 2021 3:06pm
rebound (lack of)
I am admittedly disappointed by this lacklustre rebound. Was expecting better. Not sure what management has to do at this point. Looks like the market is sending a message.
Comment by
Bac0n on Jan 12, 2021 3:08pm
yeah heres the message "You have 350 Million Shares outstanding, and are currently overvalued at close to 1 Billion dollar market cap" there ya go, translated for you the same thing I have been saying for months. Join the winners on BITF -Bac0n
Comment by
Bac0n on Jan 12, 2021 3:12pm
to put this into perspective for some of the more... uh lets say.. novice investors.. for BITF to hit a market cap of 1B. each share would have to be selling for over $12. for HIVE to hit a market cap of 1B.. each share only has to sell for just under $3. do you think its a coincidence insiders sold at $3? think rationally.. not emotionally. *puffs cigar* -Bac0n
Comment by
Livefreeordie on Jan 12, 2021 3:17pm
Be patient!!! The market was is concerned about a head and should pattern on Bitcoin and is waiting for the signal. We’ll know by tomorrow morning.
Comment by
Bac0n on Jan 12, 2021 3:24pm
how come the market isnt concerned with all other crypto miner stocks and only HIVE? looking forward to your detailed reply. thanks -Bac0n
Comment by
Livefreeordie on Jan 13, 2021 8:10am
This is incorrect. Outstanding shares do not present a problem at all. In fact in most circumstances it’s good as liquidity is an attractive feature.