Digatrade Financial Corp. (DIGAF): I'd say it's bullish. I don&#39...

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DallasDude

Re: Blockhead2017 post# 13999

Monday, 04/16/2018 10:15:37 AM

Monday, April 16, 2018 10:15:37 AM

I'd say it's bullish. I don't think you can discount the cash flows of the crypto exchange model - they must be enormous revenue generating businesses with the exception of the cost of the platform and customer service setup.

Pulling the volume of ANXPRO and other exchanges this last couple weeks was eyeopening as I juxtaposition the spread vs the percentage of BTC volume per exchange. That's why I am still long $DIGAF, I honestly don't know how their revenues could not even be marginally higher with the enormous increase in BTC volume last quarter and what appears to be a very low overhead percentage.

If I'm talking about it here I probably own it; anything typed here is only my opinion, off-hand comment, or entertainment; nothing here is investment advice; do your due-diligence and make your own investment decisions.