MGT Capital Investments Inc. (MGTI)

[Imperial Whazoo]

EDITED at EOD: look at the http://bitcointicker.co/ price right now.... like I say below.... 4885 crossing above the high of the day.

Tick tock.... like clockwork.

________//_____________

Like clockwork. On the half hour. Big big volume uptick. Computer trading kicked in. I told folks this morning to keep the http://www.bitcointicker.co
up side by side with a 1 minute candlestick chart of the stock.

Someone took it down on a really hard attempt to slam it through support, which failed over a 6 minute time slice running from 1:09 PM central time to 1:14 PM. They failed. So they tried it again at 1:20 PM, failing again to successfully break support because buying came in at 1:27 PM. Since then, they tried & failed no less than two other times, with each one only succeeding at getting to a new higher low. Then at 2:31 PM central.... BAM!! conviction in a forceful move to the upside.

This was paralleled by a break back above 4840 in the BTC price.

Now, is it true, REALLY, that there is no connection at all between the stock chart of MGTI & what is happening in bitcoin prices realtime?

Oh, and watch to see if, near the EOD, bitcoin breaks above the high today of 4863.90. Remember, we have all kinds of uncertainty in the world & there are economies all around the globe with folks wanting to get a taste of freedom from the oppression of state run economies. What does the market think about whether crypto prices Tuesday morning will be lower rather than higher? And supposing Bitcoin prices climb world wide, over the three day holiday weekend, will MGTI gap up in parallel to bitcoin prices? What will the market do in way of predicting the events three day out from here?

Hmmmm

What a choice. Should I or should I NOT step into MGTI over a dead space of 3 days? Will MGTI price emerge after 3 days with higher crypto prices as a backplane?

Hmmmm....

Thats why they call it risk, LOL.

:o)

Imperial Whazoo