HIVE Blockchain Technologies Ltd (HIVE): Shares don't necessarily get dumped into...

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Imperial Whazoo

Re: CES2002 post# 288

Tuesday, 11/07/2017 10:49:29 PM

Tuesday, November 07, 2017 10:49:29 PM

Shares don't necessarily get dumped into the market. I nosed around the news pretty exhaustively in the last week or so and HIVE is building out large server farms in Sweden & Iceland and they are targeting December to have them online & generating income. Partnered with Genesis. Existing solutions.

When I first read about the 4th quarter as the target for Sweden & Iceland...
plus the accelerated release of shares, I figured they are anticipating that the sever farms will coincide with the 4th quarter launch of a futures product that will be traded by the CME (I think thats who is coming out with a cash settled Bitcoin futures product). A couple of parallel bigtime news events & shares will be needed in the market

So, the price may fall on tomorrows event, but I figure that the rush of news that is going to raise public awareness will absorb the new shares and more in a pretty short period of time.

Every time something I've not been through pops up, I learn something I can use, so whatever the effect, I'll be absorbing the behavior greedily.

Peace folks,

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."