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Roth Capital Thinks Riot Blockchain’s Stock is Going to Recover
https://ih.advfn.com/stock-market/NASDAQ/riot-blockchain-RIOT/stock-news/87943021/roth-capital-thinks-riot-blockchain-s-stock-is-go
Looks like it was
Nice article, thanks for posting! Made my day
Yes. The world on the edge. Bitcoin and share buyers everywhere are nervous for sure. May 9th could be a key date seeing as Putin needs some kind of "good" news for his parade on that day so perhaps some kind of peace deal will be signed before then. If not, it could all get worse. I keep asking myself, "ok what's next to stop BTC improving ?" ! GLA
The situation is indeed precarious...
So far, all the markets are going down...Inflation is big.
Bitcoin is bearish + war in Europe and it is not clear how things will develop further
We'll see...
Looks like the BTC sell off is being helped by Bitcoin miners, like Riot, selling their stash off ! Not a great look imo but a perfect way to do two things. Get cash in the bank and also beat the share price down. Once that is hit down, load up on shares again and go for another ride when Bitcoin recovers, and it probably will big time once the war is hopefully done, one way or another. If this is what is happening, then it is a perfectly legal way of manipulating the share price isn't it. You just have to join in.
This scenario drops the worth of the company temporarily I suppose but because they have so many miners operating now, the stash will build up again quickly and they would have cash in hand meaning they might not need to offer more shares to the public. So it might not be so bad to sell of Bitcoin now for future safety. GLTA.
Hey I hear that! Indeed very crazy stuff happening and I will ride long too $RIOT
Thanks GLTU and Ukraine
Well another one now. Big dip again. Ukraine war escalation. Could get ugly very soon and if tactical nukes are used by Putin who the hell knows. Defeat unacceptable by Putin so we have ride this out. I sure hope this is the last surprise hit to Bitcoin. GL Ukraine.
Was that a sucker dip ? Went just below the 30 day MA. Scare out chart followers maybe ? Bitcoin sure bounced back to just under $44K quickly. Will it hold though ? Short term turmoil until the Ukraine war backs off I suspect so good for those playing the dips. GL
Fabulous results and they will only get better ! Just need to get this latest Bitcoin dip over with. $43K is supposedly the support line. Will it bounce up from there ? Great buy time if think Bitcoin is going fly later this year. GLE
Riot Blockchain Announces March 2022 Production and Operations Updates
https://www.globenewswire.com/news-release/2022/04/05/2417106/0/en/Riot-Blockchain-Announces-March-2022-Production-and-Operations-Updates.html
Well. Not much of a punch upwards. Just a matter of when. GLA
Looks like another punch upwards towards the $48K Bitcoin ceiling. Maybe it breaks but if not, it will certainly weaken it. Inflation is going to go nuts I'm reading so cash is going to find ways to hedge that. GLA
Bitcoin walls at £48K and $48.5K then a small one at $50K. These are there imo to milk out the sellers before we see another rise. That could be anytime soon. Month end is today. Let's hope April is the month of the Surge to new highs. GLA
https://www.tipranks.com/news/whats-in-store-for-crypto-miners-riot-hive?utm_source=advfn.com&utm_medium=referral
RIOT’s share price has jumped 33.5% over the past month. H.C. Wainwright’s Kevin Dede sees a further 117.4% upside in the stock. The analyst has reiterated a Buy rating on RIOT alongside a price target of $50.
Analysts on the Street are inclined towards the stock with a Strong Buy, based on seven Buys and 1 Hold. The average Riot price target of $44.25 implies 92.39% upside potential.
GLTA!
Month end selling by the looks of it. Buy the dip if you think Bitcoin is going to surge this year to news highs.
Probably a dance ahead like you say. Bitcoin just needs to crack that $48K ceiling now. Might take a few runs so hang in there.
Riot moved better yesterday but investors are still a bit gun shy by the looks of it. Bitcoin moving up from here might give some more confidence to buy and hold. IMO Bitcoin is at the beginning of another positive surge. Where to is the question. GLA
WWT. Indeed, looks like clear sailing ahead. But we all know it's two steps forward, one step back. Regardless, up is always a good way to start the week.
GLTA. $$$
Looking healthier today. Bitcoin is flying again. Hope it keeps on upwards now. Inflation is going to be mad so Riot is a good hedge and is over $23 again at this time. Trading well. Lots to go yet if BTC breaks through even $48K. $50K would be a really good sign. Holding for the big ride. Imagine BTC over $100K ! Even more if predictions pan out correct. GLA
$Riot starts the day $22.00, not bad. Lets see how we end we end the week! $$$
Nice climb since Friday. Bitcoin on the way to $50K perhaps and if so, definitely breaks above the 6 month moving average. Might be some resistance at this price but we shall see. Riot is way under priced IMO but maybe that will change if Bitcoin holds and gradually moves up. It seems that it is dragged along by Mara nowadays. Why is this ? It used to be the other way around. Riot has more miners, and more efficient miners in operation as far as I know but does own less Bitcoin. Let's see what happens this week. Good luck everyone.
Riot, lower lows means higher highs. $$$
BTC crossed $46K on Sunday. Let see if it can hold this week. If so, Riot will be in the mid $20 to high $20's. Early war which I wish would never happen was a gift to buy cheap shares. Hope you got some!
GLTA $$$
Looks like a psychological sell off after Bitcoin popped over $45K for short time today. That was the recent ceiling that needed to be broken, as I see it, so I suspect selling pressure because it might seen as just another top. We shall see. If Bitcoin moves above and keeps moving up, there will many who will wish they held on. Buyers will probably move in big time and we will see Riot SP jump up. $25 not unreasonable if BTC gets $46K and more if higher. With Ukraine appearing to beat back the Russians, maybe the BTC will be going a lot higher. Go Ukraine ! GLTA.
Indeed, how sweet it is. $$$
Truly an impressive slow walk/recovery from the $13 area.
More to come!
GLTU/A!
Now in the 20's. KABOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM $$$
Slow and steady climb wins the race.$$$
Your right. This will be an up and down play for the year. War is not relevant at this time. It seems that the government is quasi in favor of BTC and the inflation confronting the economy is front and center now.
The rate hikes will help BTC. After all that's been the narrative all this time is that BTC is a hedge against inflation. Well we will see how this all plays out this year. The Fed is projected to do six more interest price hikes.
GLTU
I return. Saw little point posting while this Ukraine invasion is going on but there is a bit of hope for peace talks it seems. Putin is getting his clock cleaned. Maybe his days are numbered too once his people learn the true story and the lies.
So if some kind of peace deal is reached I expect BTC to climb quickly. Riot has picked up well before this happens and it should really move as well. Inflation is going crazy so money will head to the best ways to offset that. Bitcoin is the easiest imo with possibly great returns. And Riot just keeps adding more miners and growing the stash. GLA.
$$$ Rate hikes bodes well for RIOT. $$$
Riot Blockchain Announces Financial Results and Operating Highlights for the Year Ended December 31, 2021
Total mining revenue in 2021 was $184.4 million, as compared to $12.0 million in 2020, an increase of 1,439% year-over-year.
https://ih.advfn.com/stock-market/NASDAQ/riot-blockchain-RIOT/stock-news/87576882/riot-blockchain-announces-financial-results-and-op
$RIOT six rate hikes this year by the Fed.$$$
$RIOT six rate hikes this year.$$$
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