InvestorsHub Logo
Followers 16
Posts 488
Boards Moderated 0
Alias Born 01/05/2013

Re: MYPENNYGOBOOM post# 24696

Wednesday, 07/02/2014 4:52:48 PM

Wednesday, July 02, 2014 4:52:48 PM

Post# of 57991
The market is strange animal. You cannot explain price movements and market capitalizations. Just look at the marijuana stocks for insight into this phenomena. No one can really make any predictions vis a' vis price movements. All stock holders have an "irrational exuberance" feeling about their holdings. It is only natural. No one knows when/if a "Blast off" will occur, because the market is totally unpredictable. All a person can do is their due diligence and make purchases or non purchases based on that research. So far, this stock has baffled me. I thought by now we would have at least maintained the mid .002 level. There is a lot of positive news surrounding BTC, especially with the recent auction of 30,000 BTC. There were over 60 bidders. That indicates there is a lot interest in BTC. The price also reflects this interest (currently at $650 for one BTC). I said all this to say that patience is key here.

Join the InvestorsHub Community

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.