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When all are selling BUY. Down 40% in 10 days.
Buying when all are selling is how to make money most times, and I believe that is true here. IMO
Happy Thanksgiving.
Great GROWTH in the earnings estimates will result in higher prices going forward, plus the chart has support it seems at the $50 level? Time to BUY based on BOTH, fundamental and technical. IMO
Good luck and Happy Thanksgiving.
HI CO24. I'm back in at $50. How are we looking? I was last in at the end of September at $31.
I read this positive article from today:
https://finance.yahoo.com/news/marathon-digital-recent-dip-offers-214512650.html
Also I like the chart. Seems like some support around $50?
I am only in with a small amount, so who knows?
All is good, thanks
Thanks for that WWT. Yeah I think as you do on the one time loss taken by them and the reasons.
Great future still for RIOT.
You are welcome
I said today was earnings.
I posted an email and a link.
Where did I BS?? SHOW ME??
Where I said to be aware if we didn't report today as I WAS told?
In 40 years I have learned when earnings are delayed it usually was not good. I was again just giving an alert as to what "could" happen if no report. If I was told the wrong date and it is the 26th as someone posted then I am sorry for getting anyone upset.
I thought that was what these boards are for to share thoughts and info. I shared my info and my thoughts.
Sorry for that.
If the board feels like I am just BS'ing as I was accused of
by KAT, I will NOT CALL the company
nor will I Email them and SHARE with everyone anymore.
And maybe at 74 years old I will be a baby and leave the board?
LOL
Again AMAZING to me.
Have fun and good luck to all.
SORRY I just didn't read it ALL. I posted it to HELP as I also posted the email I got to HELP EVERYONE make decisions.
NOT my OPINIONS.
So do you still want to call me a BS'er or maybe THANK ME?
AMAZING
oh thanks
OH ok thank you for that..I only posted the link and read most of it
Good to know RIOT was cleared
EMAIL copy & paste from RIOT: -----Original Message-----
From: Phil McPherson <pmcpherson@riotblockchain.com>
To: --------------
Sent: Mon, Nov 8, 2021 1:24 pm
Subject: RE: General Inquiry from Website
Monday November 15th after market close.
Best
Phil McPherson
Vice President, Capital Markets
Riot Blockchain, Inc.
O: 303-794-2000 ext. 110
E: pmcpherson@riotblockchain.com
I ALSO SPOKE to someone right before I got this reply from Phil and was told the same date for release. After the close on the 15th.
good luck all.
ALERT: If they do not report today after hours this will drop big time. I spoke to the company and got an email last week and they both said they would report earnings tonight after the close. If for any reason they do not and delay (as Yahoo is NOW showing the 16th to the 23rd: Earnings Date Nov 16, 2021 - Nov 23, 2021) that would be a red flag for me and many others so be careful if no report and even with a report we always have to be careful.
Good luck all.
Trust the process either way.
Yes let's hope for a good report.
You are welcome WWT.
Monday November 15th after market close.
Best
Phil McPherson
Vice President, Capital Markets
Riot Blockchain, Inc.
O: 303-794-2000 ext. 110
NO it is next Monday the 15th at the close. I just also spoke to them.
Ray
thanks
Riot Blockchain Announces October Production and Operations Updates
Today 8:30 AM ET (GlobeNewswire)
Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot," "Riot Blockchain" or "the Company"), an industry leader in Bitcoin ("BTC") mining and hosting, announces monthly BTC production and operations updates for October 2021, including an increase in estimated self-mining hash rate capacity for 2022, updates to the status of miner shipments and deployment, and updates on the 400 megawatts ("MW") infrastructure expansion at the Company's Whinstone facility ("Whinstone").
Production Updates
-- In October 2021, Riot produced 464 BTC, an increase of approximately 433% over its October 2020 production of 87 BTC.
-- Year to date through October 2021, the Company produced a total of 2,921 BTC, an increase of approximately 257% over its BTC production during the same 2020 period of 818 BTC.
-- As of October 31, 2021, Riot held approximately 3,995 BTC, all produced by the Company's self-mining operations.
-- Riot currently has a deployed fleet of approximately 27,270 miners, with a hash rate capacity of 2.8 exahash per second ("EH/s").
Riot intends to continue providing monthly operational updates and unaudited production results through the end of 2021. These updates are intended to keep shareholders informed of the Company's progress with regards to the execution of the previously announced growth in Riot's hash rate and to keep investors apprised of the Company's development of Bitcoin mining infrastructure critical to de-risking future growth.
In it for the potential growth this has. Nice fundamentals.
Oh yeah back to you too LOL
In today
In today
Riot Blockchain (RIOT)
Last on our list is Riot Blockchain, the largest bitcoin miner in the US. The company takes a ‘made in the USA’ approach, expanding large-scale operations in the US, with a focus on goosing the hash rate and infrastructure capacity. Riot has a hash rate of 2.2 exahash per second, an efficiency rating of 30.1 W/TH, and currently consumes 73 megawatts of power in its mining operations.
Riot’s main operations are based in the Coinmint facility in Massena, New York, where the company is able to take advantage of 88% zero-emission energy production sources Riot has 16,146 next-gen bitcoin mining ASICs deployed at the Coinmint facility.
To augment its mining capabilities, Riot in May of this year acquired Whinstone, US. The target company is the owner-operator of the largest bitcoin mining op in North America, based out of Rockdale, Texas. The site has 190,000 square feet in three buildings on a 100-acre site, with contracts in place for both a long-term lease and electric power supply. The Whinstone site can tap into Texas’ cheap electricity, at just 2.5 cents per kWh, and has developed 300 megawatts of its 750 megawatt capacity. Riot’s acquisition of Whinstone cost the company 11.8 million common shares of RIOT and $80 million in cash.
More recently, this past October, Riot announced that it is expanding its Whinstone property through development of an immersion-cooled, 200 megawatt bitcoin mining facility. The immersion technology is expected to offer improved operational efficiencies. The new facility will host 46,000 S19 Antminers, which have already been purchased.
Again, we’ll check in with D.A. Davidson’s Chris Brendler, who is impressed by Riot’s expansion. Brendler writes: “Although the $600M Whinstone acquisition only closed four months ago, Riot has been working nonstop on the taking advantage of the additional power capacity with four new buildings expected to come online over the next 6 months with one before year end. Even though the Whinstone site has capacity for another 750 MW expansion, we wouldn't be surprised if Riot is already thinking about its next location as mgmt is laser-focused on capitalizing on the opportunity as soon as possible.”
In line with his comments, Brendler placed a Buy rating on RIOT shares. His $42 price target implies the stock will appreciate 54% in the year ahead. (To watch Brendler’s track record, click here)
All in all, Riot stock has 5 positive analyst reviews backing its Strong Buy analyst consensus. With shares selling for $27.22 and the average price target at $46.60, the stock has a 71% one-year upside potential.
RIOT 1 of 3 picks: https://finance.yahoo.com/news/3-crypto-stocks-gearing-gains-173255175.html
excerpt: "All in all, Riot stock has 5 positive analyst reviews backing its Strong Buy analyst consensus. With shares selling for $27.22 and the average price target at $46.60, the stock has a 71% one-year upside potential."
yeah
Everyone sleeping like RIOT? LOL
Today Bloomberg TV started showing BTC. Has to not be bad for Bitcoin I guess, but who knows with RIOT?
Level 2 showing lots of sellers as of now
I really am puzzled. I like the fundamentals AND the charts.
I want to get out of this, but I just can't.
It is like the "Kramer" painting in "Seinfeld" where the 2 buyers think he is grotesque, but yet they can't look away.
WTF?
LOL
I have been in stocks for 35 years and at 74 years old I thought I knew a lot about stocks, but yes with this I am
"dazed and confused".
TRICK OR TREAT?
Are we getting tricked or will we get a treat?
Hang on folks and good luck.
Happy Halloween.
when wolf when?
Yes we may be sleeping now, but maybe we wake up in time for Halloween, or turkey, or Christmas?
LOL
I like RIOT too. Maybe I like dogs? LOL