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Chart posting overload! 🤯
Below are the approved 8 ETF's (corrected): 😁
- Grayscale Ethereum Trust
- ?Bitwise Ethereum ETF
- ?iShares Ethereum Trust (BlackRock)
- ?VanEck Ethereum Trust
- ?ARK 21Shares Ethereum ETF
- ?Invesco Galaxy Ethereum ETF
- ?Fidelity Ethereum Fund
- ?Franklin Ethereum ETF
$ETH.X
It was the largest daily candle ever for $ETH.X. 😍
And then there is this quote from the latest 10Q:
""The fact that the Company is in default regarding several loans held by various lenders makes investing in the Company or providing any loans to the Company extremely risky with a very high potential for a complete loss of capital."
I hope folks took profits in that last runnup. The warning signs were there.
Bitcoin mining rewards now reduced from 6.25 to 3.125 BTC per block, after the recent 4th halving.
This is definitely typical CYA OTC verbage. The recent run-up was an excellent trading opportunity and I hope people didn't get greedy and took profits instead.
Holding, adding, and waiting for the homerun moment usually doesn't end well when it comes to pennystocks. It's the unfortunate reality so it is best to just take profits when the opportunity presents itself and there are plenty of warnings in the disclosures. Unfortunately, too many people get burned by emotions and high expectations in the OTC. No disrespect to anyone, just stating the obvious.
Bottom line, trade them and don't fall in love with them. It has nothing to do with being positive or negative. Just be aware of the CYA wording from the company in the last 10-K filings, that's all.
I recently sold 80% of my holding here after a nice return close to 400% and after reading the 10-K from March 26th. Some of the statements made in that filing sound more like excuses if nothing of value is found so be careful:
https://www.otcmarkets.com/filing/html?id=17398979&guid=PkQ-kWFqhyDWJth
GLTA!
BTC Halving is anticipated next month so is it next leg up for Ethereum?
🤞🙂🤞
$ETH.X
I rather not criticize anyone for their own decisions. There are plenty of opportunities to make money in OTCLand. It's just knowing when to take profits and not having any regrets when a stock doesn't work out. 🙂
$MRGE
Looking great! And also a great opportunity at the moment to take some profits.
$SFRX
Consolidating nicely, just like SOL.X...😉
$ETH.X
You should cash out your original investment amount, plus profits, and ride the rest, which is what I did.
Free-riding shares with no regrets...😉
$SFRX
Dencum Upgrade launched a few minutes ago. It will make transactions cheaper for layer 2 data.
$ETH.X
Kraken-mode enabled! 😉👍
$ETH.X
Just in case you missed it, Susan Lawver posted it was a "temporary" closure:
"We have temporarily closed the location. We are working on a remodel project (the space still has the vibe/feel of a panera bread), we are bringing in trades people to install espresso machine and a griddle so we can expand the offerings....and we are actively interviewing for a new team. We were not able to make the changes this location needs to thrive with the current team. Trust me we've been trying for coming up on a year. It will get better."
Looking great! 🤑
ETH.X
It's only a matter of time, IMO.
Love it! 🤑
$ETH.X
1) End-of-year tax write-off
2) Yield sign
3) Silence from management
4) Loss of confidence in CEO
Take your pick.
Let's see how 2024 turns out...
$FUNN
Bored stalkers trying to make others look bad about something they posted in the past, yet hide when they are dead wrong themselves. Typical...LOL!
Or sell at the bottom....LOL!
This was a great trading opportunity last week so hope some here took advantage.
$LPTV
That's the way you do it. But it is clear some folks automatically assume everyone always buy at the top and only lose money. LOL!
$LPTV
A year ago, Coinbase was claimed to be the Lehman Brothers of the crypto world and was was going to go out of binniz by the end of 2023. Now those were some funny predictions right there! LOL!
And stalkers will stalk. LOL!
$LPTV
And we have a better chance of winning the Powerball than the Jets winning the next 5 games so how about just claiming "never gonna happen" instead?
$MRGE
Happy Thanksgiving to all MRGE shareholders.
And go Dolphins!
$MRGE
Happy Thanksgiving to all FUNN shareholders.
$FUNN
Well, anyone who buys pennystocks has to understand the risks involved. When we let emotions get in the way, it goes to show how greedy we really are. Hence, that is why people should never play with fire if they don"t want to get burned. They should stick to less risky investments or only play with money they are willing to lose down here.
If this turns out to be a huge scam, shame on me for taking the gamble. Regardless, there was plenty of opportunities (and possibly more opportunities) for many to take profits here.
$MRGE
Done. Ignore mode on.
$FUNN
It just gets old when one is preaching to the choir nonstop.
$FUNN
Simple suggestion then: Sell. Why bother raising your blood pressure on something you feel so disappointed about?
None of us is going to change the way management communicates, or runs the company for that matter. We have seen that time and time again so why continue to harp on it?
Pennystocks are not worth an ulcer, IMO. One buys in knowing full well what comes with the territory. I rather worry about things in life that I can control.
And this is not to defend management in any way, they have been quite a disappointment for many years now. But it's just to point out the reality of pennystocks in general: they are a gamble. We either accept it or stick to less riskier investments.
The only saving grace here is that the S&L locations are popular and they keep expanding, albeit not as fast as expected. But it's not 2017 anymore.
Now, if only the company can become profitable at some point with a few more locations. We shall see...But yeah, it's not worth the aggrevation otherwise.
$FUNN
You can now invest in Ethereum thru the stock market. 🔥
NOW TRADING: The VanEck Ethereum Strategy ETF, $EFUT.
— VanEck (@vaneck_us) October 2, 2023
The transformation happens when enough of us are ready. #EnterTheEther. pic.twitter.com/cb2KMG3wfW
I can care less about what Roger is posting or not posting. Or even Ben for that matter. As long as the company's goal continues to be to make the bottom line go into the black, I'm good with the wait.
Too many mistakes in communication in the past for me to bother worrying about what they said or didn't say. In the meantime, S&L locations continue chugging along...
$FUNN
You must have missed the previous P.R., where it explained the recent diluation:
https://www.otcmarkets.com/stock/FUNN/news/Snakes--Lattes-Inc-Reduces-Over-2-Million-in-Liabilities-Through-Favorable-Debt-Reduction--Announces-Interactive-Platfor?id=410237
$FUNN
A P.R. was released this morning.
$FUNN
I am expecting a P.R. tomorrow. We'll see...
$FUNN
Unfortunately, pinned posts can only be removed by the moderator who pinned the post.
$MRGE