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Alias Born | 05/10/2004 |
Friday, December 22, 2017 3:46:16 PM
Anyway.... you were really clear in that answer.
MGTI cleared the decks by re-orging to get rid of debt. Due to having a long list of other cryptos, comparing the reaction of each one to the flash crash in BTC prices allowed me to discern which ones are real and which ones are not.
MGTI declared itself to be real today, IMHO.
They had made strides towards being a real player, IMHO, when they bit the bullet and did the "no-debt" BAD deal with their prior lenders (gave them more shares than seems fair in exchange for sell-time triggers & zero debt). Facing the flash crash in BTC prices, MGTI fared really well compared to a lot of favoered names in this disruptive niche. Who know but that being more financially solid and having a real plan for mining.... who knows whether that played into them acting better by far than a whole lot of others today.
Also, take a gander at the recovery in BTC prices right now. Do ya think, maybe, da big boys drove everyone out in a panic to clear da decks fer themsevles? Ya think? LOL
$14,491 and climbing.
IW
"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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