Integrated Ventures Inc (INTV)

[ap17]

@60K to mine a single coin sounds like a bit much for this STUCK IN THE MUD co. even with new machines.

[moneyman51]

I'm guessing someone has some insider news for volume to be up like this. Maybe Stevie Boy is going to announce they mined 1000 coins over the past qrtr, and has put in an order for 50,000 new machines to catch up with the mid-tier players? 🤣

[dipbuy]

Nice volume today.

[Tweetybird]

Truly being a fool I will will agree... I have checked on and off

[dipbuy]

What's up with the CEO? Recent company updates:

https://twitter.com/IntVentures

"Infested whore"
"Dirty fucking scam"
"These fucks @grayscale just keep on dumping"
"Volume is fkg joke"
"Dirty smelly pig"
"btc is total trading scam. Filth"
"Total trash"
"Coinbase is turning into @Grayscale bitch. Dumping is serious. 2 fkg whores"
"Gbtc are certified fucking scambags @Grayscale and this fuck is #1 prick in crypto @Sonnenshein what a fuck up"

[EliSmith]

It's difficult to call intv because of lack of volume. One big buyer could move the stock up one or two hundred percent within a short time or one big seller and we could see the 37 cents I am waiting for. Keep an eye on on-balance volume. When it gets this bad, IMO it is a dominant metric that may have to be discounted at some point.

[dipbuy]

Ran the numbers. Stating facts.

[dipbuy]

Take a look at 2 days inflow into miners. Take a look at the 2017 and 2021 charts of BTC and BTC miners. Check halving dates of BTC for those periods. Compare the market cap of miners for those periods. Pattern is clear.

[EliSmith]

I sincerely hope it works for you.

[EliSmith]

Spoken like a guy who is wanting to sell

[dipbuy]

Hard to believe its still holding over a buck.

Hard to believe it is trading under $15.

[EliSmith]

Check out on balance volume (OBV) for intv. It reminds me of a ww2 German Stuka dive bomber. That chart is good enough to be used in a text book as a terrific example of distribution. Hard to believe its still holding over a buck.

[dipbuy]

Hello 67,000!

[moneyman51]

Does anyone even communicate with stevie boy the clown anymore? He couldn't handle my emails, so he blocked me from everything. And everything I brought up with him has 100% come true, but all he could do was rage. Maybe if we all had a set of goggles from his new venture, maybe then we would all have a clearer picture of what's going on. lol

[dipbuy]

Nice money flow into mining stocks today. Halving fear will abate.

[EliSmith]

Bitcoin is at resistance right here at about 66k and the next resistance is around 67,500 50dma on the daily chart. Too early to dismiss the idea that bitcoin is drawing a bear flag so I have to respect that for now. The next couple of days will tell a story about that IMO. This could be an important week for the weekly chart which is at support that is weakening. If it breaks down it could be a long ride.

[dipbuy]

This is the worst time to venture into another sector. BTC will be the hottest of all for next year and a half.

[jdcpa1]

Revenue will likely be less than $5M unless Btc moons. The equipment from the last cycle is very inefficient and no one would ever pay 25 time ebita here. It will be based on net income. He doesn't get a freebe for depreciation, machine write downs, personal stock gifts etc... why hasn't this stock done any since BTC was 15000 a coin.. the CEO is dumb that's why.. he is looking to move on from BTC just like he did with EMS find.. he Faq'd it up imo... Gluck but this but its dead.... Unless he relinquishes control to some other reverse merger.. He has to give up control and he is a control freak with a cell phone. That's it...

[ap17]

I'd take it but not holding my breath.

[dipbuy]

INTV is fairly valued at $15 to $20 even with the reward cut in half.

Assumptions
OS 5100000
BTC 64000
BTC/month 11
Revenue 8.4 MM
EBITDA 3.3 MM
P/E Ratio 25

And BTC is only going to go up for next year and a few months.

[dipbuy]

Good times ahead for BTC, and maybe INTV.

[nwsun]

Why did past halvings have at least short term positive effects?

[jdcpa1]

BTC halving will not be good for any miners. The big miners are all adding equipment meaning the little turds like intv are screwed as they will earn less than half of what they did pre halving.. maybe just a third.. at least for the near term..

[EliSmith]

I don't think the company has much debt to sink it. One problem is we don't know how productive the machines are after the halving. On another note it will be interesting to watch mining difficulty going forward as unproductive machines are sold to boat anchor companies while new ones come online.

[Flyhalf]

I don’t see how this company survives.. Very few miners and they are old. Big boys are looking to acquire legitimate companies that won’t survive the halving…. this dog crap is on NO ONE’s list.

[EliSmith]

Try googling bitcoin etf symbols

[nwsun]

What are some other crypto mining stocks? Ihub use to have a section that had comparable stocks but with the new format I don't know if it still does that. I can't find it.

[EliSmith]

Bombs flying all over the mideast and ain't nobody running to bitcoin for safety. Gold is hitting new highs as always has been the case for 5000 years. I've said it a hundred times on this board....bitcoin is strictly a trading vehicle and nothing else. A. really good trading vehicle ... for now anyway. The trading vehicle is getting close to a major breakdown

[EliSmith]

Miner business isn't in consolidation, nobody will want to take over the least productive machines and there are recent massive new miners turning on the switch in other countries all of them with the latest equipment further squeezing the yield for everybody. Tough business if you depend on mining bitcoins. Miner stocks apparently are discounting this.

[nwsun]

Isn't consolidation in business the norm now.

[EliSmith]

See post answering you on March 14th. I am assuming the company somehow survives another 18 months. I think this particular halving will have a profound affect on all of the miners but could actually benefit the bigger companies if enough small and medium sized miners get squeezed out.

[nwsun]

Is that where you get your .37 target post split ?

[EliSmith]

The miners are so bad that I am looking for a capitulation event at some point. I will play this by putting in open orders to buy a couple market leaders about 40 percent below where I think the slaughter might start. Then sell the short covering bounce.

[EliSmith]

No surprise, Saw at least one well known btc miner hit a new low for the year today with several others including riot knocking on the low for the year door yelling let me in.

[EliSmith]

INTV trading at .0088 presplit price. Getting further away from one single penny. My target remains .003 on a presplit basis.

[AW104]

Most larger BTC miners have been picking up steam lately. They have not seen gains like the crypto space itself, not even close. That’s beginning to change. OTC stocks as a whole have gotten destroyed over the last 2 years. This won’t last forever. When flows begin to come in, like they eventually do… this garbage will rise. Then you sell.

[EliSmith]

Exactly what action in this stock over the last year leads you to think that? Is there any other bitcoin miner that actually declined in price throughout the entire bitcoin rally? Do you think the reasons for that action have changed? If 5x bitcoin from 15k is not enough to help this stock then why would 10x bitcoin make a difference? IMO the halving may cause some machines to become obsolete. I don't know if that affects this company but I would like to find out.

[AW104]

I’m talking about the standard BTC cycle. Most/all BTC related names do well. It’s happened before and is likely going to happen again even though this company has always sucked.

[ap17]

Not sure how,but I'm all ears to hear.

INTV will do well even if the company isn’t run well.

[AW104]

Miners should reap the benefits of fees on the network. Ordinals are increasing day by day and eventually will likely lead the market in trade. Miners will make high $ for fees to secure the network. INTV will do well even if the company isn’t run well.

[EliSmith]

The way I see it right now the setup for bitcoin is to the upside.

[nwsun]

Same with marijuana penny stocks back in the early to mid 2010s

[EliSmith]

Bitcoin near an all time high, miner stocks although short term oversold have been in textbook distribution IMO. It paid to pay attention months ago on the miners. All time miner highs were way back in 2021. The stock market is a money game and nothing else. All the hype about anything has for the last 300 years been generated for the benefit of Wall St. This has always worked because human nature never changes.

[EliSmith]

Not buying this bitcoin trendline breakout today (yet). IMO INTV chart says rally done for now.

[EliSmith]

IMO gold and oil may keep rising until interest rates are higher and that will cause the dollar to skyrocket. Trouble is I have no idea, right now anyway, what that will do if anything to bitcoin. Interesting times

[EliSmith]

The way I see it right now, it's possible for INTV to go up a bit more to around the 1.50 area then look at it again.

[EliSmith]

The timing of the mstr news put out by the shorts and the clsk dilution news along with the solar eclipse on April 8th combined with the possible double top in bitcoin is starting to make me think there is a bad moon rising.

[EliSmith]

Maybe somebody running it up in hope of generating some exit liquidity.

[ap17]

YUP, and precisely why anyone of us long time holder's can easily send this to SUB ZERO with a small sell order. EASILY!

[nwsun]

On 800+ shares it moves up 30.9%. 🤔😎