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Wednesday, November 29, 2017 9:21:21 AM
Anyway...
As I type , BTC-USD = 11250.15
Price at close of market yesterday (3 PM Central 11/28) = 9926.26
I "guessed" in my post when I happened to check in on Bitcoin prices last night before retiring for the evening, was that we could possible be up $1000 by open today.
Amazing, but it played out that way. I mean.... WOW.
And I fail to see how it can be possible that this behavior in the currency markets fails to manifest in the stocks today. Reading various boards, including this one, leads me to think that there is a major effort being put in by people who failed to realize that cryptos were the real deal early enough to have placed bets ahead of the move....
....I am saying that it looks like there are a lot of folks trying to throw a monkey wrench into the works to try anything and everything to put a damper on this zeal in cryptos, but how they actually expect to succeed when cryptos charge up over 10% overnight, I do not know. I think this effort to derail individual stocks that have legitimate mining exposure is a bare faced attempt to dishonestly persuade weak hands to bail so the big players who did not get in on time can steal cheap shares instead of having to pay up like Everyman (with musical shoutouts to Jackson Browne, LOL, like Cat Stevens above).
As to hubnub, who I think was the one pointing out that there was a halt yesterday in Canada.... I appreciate that info because I was watching the US ticker. I learned something: on this one, watch the Canadian. The halts are over there, not in the US.
Speaking os Canadian & halts, here what I think we are seeing:
Here is a link to SEDAR. th Canadian reg site where HIVEs filings can be found. I can not give a link to the PDF because the site controls access, but heres how you find the doc in question (plus all the other filings by HIVE as well:
go to:
http://www.sedar.com
- Do "find companies" typing in HIVE Blockchain & search
You will get 50 companies. The other day there were 52, but somehow
two docs don't show up this morning. I don't know which ones they
were
- Go to the document on financials dated Aug 28, 2017
The point of this exercise is not the content of that PDF. Its the explanation for yesterday's halt.... or so I'm guessing. They file on or about the 28th. We had halts on expectation of major moves due to info releases from company. Hence.... we can proly expect to see a filing today or the next day.
My expectation is that HIVE is going top report soon and, in anticipation of this, the TSX halted yesterday.
So, my guess is that HIVE should report pretty soon & the impact will be pretty big on the charts. Up or down? I am personally in HIVE, so I'm obviously playing the upside, but nobody outside of the company can say right now for sure.
In any event, thats why the Canadian halts happened yesterday. Also, in that financials were not posted yesterday, there must have been some kind of hiccup. That said, we all will just have to wait with baited breath.
Good luck everybody. Here's hoping HIVE does magnificently. It always helps the soul for a high risk play to go the way one wants it to go.
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."
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