Marathon Digital Holdings Inc (MARA)

[nickypicky]

Looking good now Moonboy.

[nickypicky]

Well....You have to love it when it dips and then runs.

[skydog526]

It sounds sexy when you say that.

[nickypicky]

One thing for sure is this is a fun stock to trade.

[$Green$]

About to fill the gap 15.15 then I don’t know

[Moonboy1]

Every day some You Tuber says to buy this it's going back up. Every day it just tanks further and further.

[Moonboy1]

Every day some You Tuber says to buy this it's going back up. Every day it just tanks further and further.

[lakes]

I think you are right. They will probably drag it down under $10 by Friday. These algos and shorts have complete control now and are frigging ruthless. If Thiel is continuing to dilute then this is hopeless for a long time.

[nickypicky]

Lol

[Monksdream]

Gave back 4k

[Monksdream]

Gave back 4k

[$Green$]

Bounced on bottom bolli just now. But could just ride it down every day next week still

[lakes]

Between the shorts and/or dilution, they frigging crushing this POS!

[Penny chatter]

Pew pew

[Penny chatter]

Lol

[$Green$]

Should see sub $15 this week

[Ringrock]

Massive volume on that spike

[lakes]

Just thinking out loud here. "If" it is the ETF's and certain funds that are continually shorting the piss out of MARA, and/or other miners, why? Could it be that they want to ultimately buy these miners for dirt cheap to guarantee a steady stream of Bitcoin going forward? Or, could they want to damage the stock and reduce the options the miners have to raise capital, thus forcing the miners to sell more of their Bitcoin to sustain operations?

[ababoom]

Yea got some calls for end of month this morning… should print nicely let’s go!

[slyguy8888]

Only reason to own this is to do covered calls. Prem is good for that

[TruckingAngler]

MARA looking like mud with Bitcoin up $3k

[bwrbad]

did MARA got a gold mine or a mud mine from APLD?

[SwingLong]

Just watch and you’ll see soon…

[skydog526]

Where?

[2H2]

I see 80 but 87 is fine. MARA will be the best play forward, dilution is done

[Chartmaster]

Bitcoin poised for next leg up to 87K now imo!

[lakes]

IMO, not until the company announced they are done diluting the piss out of us. This stock is heavily shorted and diluted. I think eventually they will see stock appreciation but until the company gives us more clarity on the dilution, I wouldn't touch it. That being said, I have accumulated 6,000 shares over the last 2 years with an average cost of $10 and have not sold a share.

[Moonboy1]

Is this worth owning? Seems like the opposite end of the magnet. BTC up and this goes down

[Mikey]

https://www.globenewswire.com/news-release/2024/03/05/2840987/0/en/Marathon-Digital-Holdings-Announces-Bitcoin-Production-and-Mining-Operation-Updates-for-February-2024.html

[TheFinalCD]

The flippening happened. Very impressive to witness. $CLSK $MARA pic.twitter.com/oYzGoJ42C0

— LUQ (@lukxq) March 25, 2024

[Mikey]

I’m only playing BTC products, thanks

[Chartmaster]

Just bought ETHE at 24.61, yesterdays LOD at 23.82 should hold imo

[Mikey]

yes, the even number thing may work, we'll probably find out tomorrow.........or not

[Chartmaster]

60K should hold, cuz if it trades below 59,700 then it's bad news and down to 50-52K imo

[Mikey]

57,600 next major support?

[Chartmaster]

WULF reports earnings after the close, could be a nice price spike AH

[Mikey]

I picked up the BITO 30's dated 4/26.....I offloaded the 35's and rolled em in to 30's

[Chartmaster]

Thanks man! And I did buy 8 Bito June 30 calls at 3.20 today!

[Mikey]

GOOD GOD, man.........you NAILED that pullback......OUTSTINKINGSTANDING

"Chartmaster

Re: Mikey post# 14565

Thursday, March 14, 2024 3:12:38 PM

Post#
14568
of 14584
Bitcoin looks like it wants to pullback to 62-64K, that's where/when I'm buying BITO calls"

[DR_rugby]

Margin calls are like magic

https://m.youtube.com/shorts/7rvlPc6QHik

Leaver’s of banking

GLTA

[DR_rugby]

Fed repo program is under $435b

https://fred.stlouisfed.org/series/RRPONTSYD/

Market shorts Liquidations are coming and swap contracts margin calls are coming due soon

What would happen if a state actor got caught with Bitcoin shorts if they took hedge funds Bitcoin shorts as collateral??

Would the actors need to buy the coin to cover??

GLTA

[DR_rugby]

Is Bitcoin the weapon against evil?

The fifth element??

GLTA

[DR_rugby]

They’re replenishing the wallets for big bank loan payments due 22nd

If they don’t pay they default and then

Insurance payment will occur and they loose power

GLTA

[Chartmaster]

Btc reversing today, 64553 was the lod, it may be the correction bottom imo

[Chartmaster]

YW, I see it traded below 66K, on it's way down to 62-64K imo, then it's time to buy....but I would turn more bearish if it trades below 59700

[Mikey]

Outstanding call on pullback!! Thanks!

[triannual]

If it goes below 16, you will get those tens. The next stop after that is 10.

[luckydude777]

So far, 68,000 area holding pretty strong. See what the weekend brings.

[DR_rugby]

Looks like they have gotten enough

Bit coin cash to cover margin call loan payments for this period of shorts and collateral requirements

They now are buying back in to build up the funds for the future payments and contracts rollover

When you are tied to a hip of something

Sometimes one jumps on the hippo hip tail

As it is a pack animal in herds that lives in a pond for the most part

Tow into a pond what will we pull out

34rs$$ coming back to like 77k$ Bitcoin
Is like the McRib it’s coming back

GLTA

[TheKid5]

Come on $19. My $22 shares need this :)