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this is what happens when share count balloons with ZERO cash or positive aspects for shareholders (except the notable Big Kahuna)
and revenue growth comes to a screeching halt
i have zero pity for your losses
every CBD stock over 1.00 is better than this one
$CVSI
You should have listened, son
Cann to zero
$CANN
No idea how it ever stayed up here
This is a good co.
I haven’t looked st the report yet
But I see it will be time to reload soon.
I have a bunch of June dow puts
Once we get the 1000pt down day I will sell them and pick up some curaleaf
Short Dow
Long bitcoin
Long selected CBD
40 per two weeks is how much cash?
cuz we be be making the cash
its all about the cash all the time !!
bot 17500 more for my gf
long 190000
phew
haha
$INTV
ps now go buy more :)
$INTV
Picked up another bit
And topped out at 172k shares
Have a great year!!
$intv
There are virtually no convertibles lol.
That is quintessential FUD
The remaining converts are minuscule and
Well I don’t care if you guys talk trash
Facts are facts and bears don’t want to copy and paste Anything because they would be laughed at
Added 75k
For 125k total
Looking to get final 30000 tomorrow
I’m at Foxwoods so have a good night ski!!
$intv
what do we have for P/H's as of end of month?
when 50k shares seems like not enough...
sigh
i have 13k hutmf
maybe unload 3k and buy some intv around 10:10 am maybe a quick dip after the bum rush at the open
just look at stochRSI on daily bitty
it literally could run a few more thousand np here,
once it gathers itself
just the rigs should be worth 2-3mm alone based on a revaluation of bitty 9k
FV is already somewhere around .50-.75
and that does not include future bitty appreciation
momo
fomo
yolo
etc
id put it at .255
my guess is low will be 21 for a trade or two
but really about .25
they wrote it all down, just to see it rise again like the phoenix!
the balance sheet will be horribly understated as time goes by, with regard to the assets being worth far more than the carrying value
This should see a dollar in June.
Sell at RSI over 90 on daily
Lol 5mm MC
I shoulda bot hand over fist
This will be 50mm MC in short order unless there is some horrible bitcoin tragedy
I have 50k and would like to add 500k but that’s not possible with the runaway gap tomorrow
tbh, i love winning.
the money will be nice too.
i was nervous buying 10k lots last week at 15 and 16.
i have no idea why but i was
I’m going to buy another 50k shares so I shouldn’t be pumping this at all
But that’s ok
I like what management is doing ahead of and during this bull cycle
And they are terminating 20000 preferred shares which were convertible to 2mm common
And eliminating and or reducing significant convertible tranches
And it releases the put back feature
Like the company says it reduces liabilities and sets a fixed conversion by doing so, reducing the arb shorting from concert holders
Everyone is aligned with common shareholders basically, since now the debt and preferred holders are long the common like us.
This is a winner any way you slice it
Well then the market is seeing things differently
Broke support with vengeance
Maybe a bounce to 7 then it’s done
The market is much more savvy now
Look at riot
Also dead meat
Yeah
No fins for a bit
This will require patience for a couple more months
I’m in both necks of the woods
Long bitty and CBD
Short dow
Got long this week.
Is this best of breed?
No.
But it is worth owning if you’re in the space.
Big things ahead for bitty,
And I expect this to follow but at multiples of the bitty move ahead of us
The last 11 people that believe in managemen are right here
How cool is that?
Awfully quiet.
Cvsi is 4.67 but has a lot more shares now to help cure the so called valuation deficiency
Back in the leaf yesterday!!
This is a super fantabulous biz model coupled with a superbly executing and “he seems to get it ‘ CEO.
My guess is (reading off weekly candles and upper gap)
The stock will slip early Monday down to 9.35-9.40 and go North from there til FDA meetings and earnings provide further possible catalysts
:)
CURLF
Winner
Seriously hope no one believes the pumpers here
This stock is close to death spiral
Good night cann
Thanks for nothing
Except rookI’d losses
Look at hut 8 numbers
Then look at Mgti numbers
All Mgti does is sell shares and dabble in mining
I thought the market would look past that and run it up but they just are moving a lot of paper through ALPS
30mm shares this week and nothing
That stinks
I can give you 10 reasons why it’s lagging all the others
And I already have
Should we go through this tedious factual narrative again?
Cvsi
CBD chihuahua
I dumped my 1/2 million at 8 and above for a different miner and the tracking stock
Take care
Mgti
On my birthday lol
The best part is research DD sold his gbtc
Best day ever
Mgti
Lol you sold your gbtc Friday
Good I bot some at 8.45 lol
$MGTI
Scarcity in play!!
Fiedelity asset managers from running retail imo
Just stay tuned
This board is not constructive
Notice all the pics in the summary
Last quarter will be horrid.
Whatever coins were mined, if mined, would be de minimus and the price was 1/2 what it is now.
The future looks amazing, however.
Once the news is out and it states what the breakeven is and that the machines are humming
We launch into low earth orbit
Not complicated
If however the 1.95 they raised three weeks ago was used to redocorate the offices
We will have nice offices but no explosion :)
I generally only care about the future
I skate
To where the puck is going
The ins and outs of of the past are trivial
Even last quarter
I know I sound like a jerk
But the last thing I care about is yesterday
Yeah I was in Mgti when bitty was 600
After John came in.
I’m not concerned about the waiting at all.
I have 609k shares and I’m totally cool with that
This was my first trip back into Mgti since 2016
I don’t need to make a million
Just 100k is my plan
You win the informed post of th year!
This thing will slingshot and make up for lost time
Likely in one day!
It’s coming.
I can wait
I too have done this for 20 years and I understand exactly the rational irrationality of the market
Lol ya think
You people crack me up.
So much ignorance on this board.
Gbtc is the bitty tracking stock
Not a miner
And the reality is all the miners have done nada last 2 weeks
Raising money means pressure on the stock
It’s found equilibrium
Even with the gestalt by ALPS
At .07 area
When there is news the bears won’t be here to make up for the lost
Opp.
I’m guessing they will be back because they sure do spend a lot of time gere