Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There was a day, when you'd run into someone at the beach on vacation and they would be a self made millionaire, because they saw something like: ETFs about to be approved, so they bought a butt ton of miner stocks and then BTC blew up and they turned their SMART calculated investment into $$$$$$......but then, the MMs figured out how to play the calls and puts against the players and make money for their masters, so NOW, no more self made. Just getting poorer, making decisions, that used to be smart! RIOT should have shot to over $50 in a NATURAL market, but it's not natural anymore.
When Riot goes into more mining productivity, more then likely the price of Bitcoin will drop. So it’s an endless battle. So I say to run the son of a Bitcoin
Good luck! I'm in the 9s and I was up 90% and now at 20%.....5 business days!.....while BTC went 15K!
I have been buying since $14.60 all the way downtown to $12.77 was my last purchase. I expect it to back up when they get the rest of the mining Servers. Just have to sit back and wait.
There is no real reason, because if stock prices are based on speculation, Riots speculate they will increase productivity
At least there is a REAL reason for it to go down.......But, now the puts will go in and they will need to raise it back up.
Wop there it is , Wop there it is! Hammer time
THIS is misery. In a normal market, buying miners before ETFs and this huge run up, there is no way, they would have plummeted to lower than pre ETF lows. We are being ripped off because they knew we'd buy and of course, ALL of the calls and the MMs hook up the puts.
Bought $13.30 area today—Stops are in place
The insider related dilution continues to be a concern.
Trade accordingly.
GLTA!
Ahh! Means nothing, The stocks could go up or down with no reason at all. It depends who’s shorting and if the retail has enough cabbage to bust through
Most Bitcoin miner companies are down as Bitcoin reaches near its all time high. The thinking is pessimistic in that this will crash, so better to get out now. Nothing like the what happened a couple of years ago. Bitcoin needs to break substantially above the last ATH to the foot on the pedal again ?
The warning is the daily fkover. I've lost 50% of my gains in 4 trading days!
The Stock has been Mushed! You have been warned
I think you could be right. This is why the share price is not going ballistic like before. Large selling orders at the opening shoving this down every day. Perhaps big concern that Bitcoin will do a big crash so why buy here when it will be cheaper IF the dump happens. Sideliners waiting. Mara is even hesitating now. GLA
You don't think it would be smart to try to catch the high before the halving and then rebuy during the huge dip that suspect will happen?
RIOT!
Riot had a little set back. I wouldn't worry about this. It might not go up as fast as Mara, it will go at a much slower pace. Till then, check out other cheaper mining stocks. I was looking at MicroStrategy a few months ago and it took off like crazy. Interesting the CEO was against bitcoin many years ago and now that's all he buys smart man...lol GLTU
You could be right. If Bitcoin runs like expected, that is the push Riot needs. I suspect the big MMs have made this look weak purposely and using that weakness to push Mara for now. Massive shakeout into holding hands before the halving. GLA
My guess is that 3 - 6 months after the April Bitcoin halving, BTC should well exceed $100k (that is extremely conservative compared to previous cycles). The miners usually have their runs after new confirmed highs are reached. I would not be surprised to see RIOT and MARA well above $100 this year.
Good luck
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.
The Stock has been Mushed!
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.
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
Probably going below $10. Maybe going to be Mush!
Following BTC down more than it follows it up! All miners
THIS is catastrophic. None of my 4 miners following BTC OR the market today. Thye only follow BTC when it drops .000000015 Pure BS!
Exactly… GidDy uP RIOT…
GidDy uP RIOT…
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.
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.
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!
What a Joke Riot Bitcoin is exploding
MMs hammering Riot ? Huge shake out maybe in progress ?
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.
PURE BS! MARA and BITO still green. This is the market taking and the MMs hurting those calls made yesterday.
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
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
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.
To the RIOT doubters;
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.
MARA dragging most miners down today. Market control again ?
shake out again. GLA
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
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!
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
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!
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!
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
Back in sub $10.
Watching and waiting as the uncontrollable plays its game.
Stops are set.
RIOT—GLTA!
Followers
|
223
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
5801
|
Created
|
10/22/17
|
Type
|
Free
|
Moderators The GidDy uP Kid Diogenes of Sinope |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |