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Re: AlanC post# 3126

Thursday, 01/16/2020 12:16:21 PM

Thursday, January 16, 2020 12:16:21 PM

Post# of 3517
It seems like we hit a pretty solid floor and that there is some ongoing interest in the stock. I wonder if the interest is rooted more in the retail or the blockchain. I am not optimistic about the digital dividend situation will play out well. While there might be some buying by short sellers to get out before the distribution, I think that there are a lot of people who would (if they are aware of what is going on) want to sell rather receive it. There is no problem for anyone to receive the dividend as far as I can tell, but you won't be able to sell it without opening a Dinosaur account. Currently Canadians can't do that. It also looks like it could be tricky for holders in IRAs and 401Ks.
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