Riot Platforms Inc (RIOT)

[Lokotony]

RIOT definitely followed BTC penny for penny until Spring of last year. Then, the MMs made it their bitch and have manipulated it like crazy. Based on it's price last spring, it would be back up over the $50s by now. Note, Mara moved naturally and then got hit a little yesterday finally.

[snackcrackpop]

The Stock has been Mushed!

[pitcook]

Sorry for not taking the time to look at previous posts, but figuring most message boards have as many negative haters as positive hypers, but why is bitcoin going up and this stocks share-price is going down? Kind of goes against those normal logical ways. Thanks in advance.

[Cosa]

So from November of last year the OS went from 206.5M to present day 253.5M. Nearly 47M new shares in 4 months! Wow. The new math equation would be 9000 BTC holding, divided by the current OS 253.5M which comes out to be 0.0000355 BTC per share. Not saying you can't make money here, but it doesn't take a genius to see any purchase at these prices is very risky. The market cap is sitting at $4B which is just insane. This is just my opinion, you can buy whatever you want. It's your money.


January 3, 2024 Award of Options Shares Held
Werner Ryan D.
Officer Award of Options 300,000 638,669
Chung Jason
Officer Award of Options 1,000,000 1,246,426
Soo Il Yi Benjamin
Officer and Director Award of Options 5,000,000 8,385,344
Les Jason
Chief Executive Officer Award of Options 5,000,000 7,368,678
Chung Jason
Officer Award of Options 1,000,000 1,857,037

Sells from last year 2023. But they get to replenish their holdings for free
6/1/23 Les Jason
Chief Executive Officer Stock Gift 5,000 0.000 – 0.000 2,917,751 $0.0
Les Jason
Chief Executive Officer Sale 50,000 11.63 – 11.63 2,917,751 $581.5 K
Soo Il Yi Benjamin
Officer and Director Sale 760,580 11.70 – 12.49 2,830,884 $9.0 M
5/31/23 Werner Ryan D.
Officer Sale 22,333 11.92 – 11.92 282,799 $266.2 K
5/30/23 Cho Hannah
Director Sale 14,000 12.26 – 12.26 68,150 $171.6 K
5/25/23 Les Jason
Chief Executive Officer Sale 50,000 10.83 – 10.83 3,740,229 $541.5 K

[snackcrackpop]

Probably going below $10. Maybe going to be Mush!

[Lokotony]

Following BTC down more than it follows it up! All miners

[snackcrackpop]

Down Down Down!

[Lokotony]

THIS is catastrophic. None of my 4 miners following BTC OR the market today. Thye only follow BTC when it drops .000000015 Pure BS!

[The GidDy uP Kid]

Exactly… GidDy uP RIOT…

[shifty50]

No worries here we’re going higher

[The GidDy uP Kid]

GidDy uP RIOT…

[snackcrackpop]

No No No!! the drop in price is because of me. Every single time I’ve bought Riot, the price falls, and when I sell the price rises. Coincidence? Not really, the market makers have it in for me. They know that with my intelligence! I could take over most Company’s.

[WhichWayToday]

The recent news about ordering new miners was the signal to sell. Sell on news thinking. 31,000 new miners on order but about half of those to replace weak and old miners. This is normal though. Stuff fails in time and needs upgrading to better tech to be more efficient. All the mining companies will have the same issues not just Riot. Managements constant dilution to make this happen though is dubious.

[Diogenes of Sinope]

Last time BTC was over 60k US the PPS of RIOT was over $30+.

The dilution continues relentlessly;

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173372828

Banking paper profits is the only way to play this insider enriching ticker.

I’ve learned the game over the years and secure profits as able.

MARA has been proven many times over to be the better mining play

I do thank RIOT for the 2023 profits.

GLTA!

[snackcrackpop]

What a Joke Riot Bitcoin is exploding

[WhichWayToday]

MMs hammering Riot ? Huge shake out maybe in progress ?

[WhichWayToday]

Sure looks like punishment to me. Did Riot management not do what the MMs wanted ? Also, there is scare news about the government monitoring power consumption used by the mining companies. Why are all these miners not using solar or wind power ? In Texas, none of that matters I guess.

[Lokotony]

PURE BS! MARA and BITO still green. This is the market taking and the MMs hurting those calls made yesterday.

[Diogenes of Sinope]

Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights

https://ih.advfn.com/stock-market/NASDAQ/riot-platforms-RIOT/stock-news/93341534/riot-platforms-reports-full-year-2023-financial-re

[Cosa]

With ETFS its amazing that people still buy this garbage. Completely funded by dumping shares on retail. Need new mining equipment?sell shares. Need more space? sell shares. Need a bonus? sell shares. I mean they hold 9000 bitcoin and the outstanding shares tripled since 2020. Thats a dismal 0.000045 BTC per share. So they got these guys paying $16 for a $2 stock lol. Any new investor, keep this in mind before you put any money here.

Shares Outstanding:
December 02, 2020 67.53M
November 29, 2021 115.94M
November 06, 2023 206.52M

https://ycharts.com/companies/RIOT/shares_outstanding

[Diogenes of Sinope]

RIOT—GLTA!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173660970

I hope those that I shared my recent sub $10 buy in via PM suggestion's jumped in at some point in the area.

[Diogenes of Sinope]

To the RIOT doubters;

Undoubtedly there are times of doubt relating to personal timing but overall I’m loving every minute of it here for a few years now.

RIOT—GLTA!

[WhichWayToday]

What a difference two days makes ! Going up nicely but at only half the rate of MARA now. Have they got twice as many miners operating now ? Smaller float or what ? 3 times the trading volume of Riot too. All focus seems to be there for now I guess.

[WhichWayToday]

MARA dragging most miners down today. Market control again ?
shake out again. GLA

[WhichWayToday]

Sure looks like that. Big sell orders on the opening for Riot and Mara. Punch it down, make it look like the game is over. Discourage buyers. If Bitcoin does start to roll to new highs this year, I think we will see this trend reverse big time. Currently, this is like a slow motion shake out, imo. GL

[Lokotony]

No, this is market control. They do a great job of controlling it on a day like today. The sudden jumps prior to the ETFs got out of their control. These are major red percentages on a daily basis and on good days a couple percent. We'll win, when they let us!

[WhichWayToday]

Why so much selling pressure ? Punishment of some sort by previous promoters ? Pre-halving jitters possibly ? It seems most miners are experiencing this downturn while the Bitcoin price is over $40K ! Maybe the hold is to see if this doubles soon after the halving. GLTA

[Diogenes of Sinope]

Talking to myself as I’ve done many times in the past.

It is what it is.

Father Time always speaks the loudest—We get to trade(up or down) in the interim—GLTA!

[Diogenes of Sinope]

Hopefully it’s just a paper cut at this time.

Many have been singed since the new year.

Opportunity??

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172566509

I make no recommendations

RIOT GLTA!

[TheFinalCD]

NOT BAD IM WAITING TO SEE IF BTC RETEST $40K LOW OR LOWER, I ALREADY GOT BURNT FOR AROUND -$30K

ON THE ETF APPROVAL

I THINK THE BIG MONEY ALGO AI COMPUTERS KNOW HOW WE THINK AND TRADE

THERE MAY BE ANOTHER LIQUIDITY SWEEP

[Diogenes of Sinope]

Back in sub $10.

Watching and waiting as the uncontrollable plays its game.

Stops are set.

RIOT—GLTA!

[Diogenes of Sinope]

I’m on the sidelines at this time and watching the expected downturn from the New Year $20 area.

2023 was very rewarding for traders here.

Waiting on a $10 area PPS before taking a sizeable reentry position.

GLTA!

[Moonboy1]

Not happy about not being able to dump this today. Hopefully Bitcoin holds out for one more day before a complete debacle which is more than likely coming. This economy is not good.

[Lokotony]

LOL, Blind with rage!!!!

[Diogenes of Sinope]

And that’s why we trade.

Premature exuberance is always most often blinding.

GLTA!

[Lokotony]

THIS is MMs game. I can only imagine the calls for today and tomorrow. So, RUG PULL. If BTC went down to 42, just maybe could see RIOT being decimated....maybe

[boo boo]

Emotions getting all wound up. Trade in the zone!

Miner's Due a Breather

And I hate JPMorgan, especially Mr. Dimon, basher and now Authorized Participant. Criminal manipulator. Major POS!

[Lokotony]

Getting excited!!!!! This plus 4 other mining stocks!

[WhichWayToday]

Thanks for that video. Loads of info in there. Need to watch it again. GL

[TheFinalCD]

SEC HACK DEBACLE

My guess is that the SEC account was both hacked AND that the tweet was real.

Hacker first tweeted and then deleted just a ticker.

Then likely found the tweet with the announcement graphic and Gensler quote in the draft folder.

SEC wouldn’t get date wrong, and tweet only… pic.twitter.com/RQp7Mo4Zey

— Adam Cochran (adamscochran.eth) (@adamscochran) January 9, 2024

Just like the SEC would demand accountability from a public company if they made such a colossal market-moving mistake, Congress needs answers on what just happened. This is unacceptable. https://t.co/tWtLqHtqpu

— Senator Bill Hagerty (@SenatorHagerty) January 9, 2024

[TaperT2]

Got to RIOT 1:22min mark Seb. Gives break down.

I might have posted this 7-8days ago

[WhichWayToday]

Interesting in previous video that the hash rate for Riot machines was so low. I thought they had top of the line miners. Water cooled so more efficient with power but are they better at mining ? Or like suggested, do they have roughly 1/3 of the miners off line ? Maybe on purpose ? This would explain the lower price as well. Perhaps management should tell us why the hash rate is actually lower than we are led to believe ? Maybe that will change in the next month or so. GLA

[TaperT2]

I hear yah, what i really like with RIOT IS There SELF MINING. v mara. Hosts to much. Of the mining ,

[brandao]

This should def be catching up to Mara not sure why it’s lagging so much

[TaperT2]

[Mikey]

gimme that last link again

[TaperT2]

I follow this show also. Good one today

[Mikey]

that guy is so good......he puts out great video's

[TaperT2]

Today Update

[The GidDy uP Kid]

RIOT... "They" will be soon: RIOT is very undervalued here... GidDy uP RIOT...