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S&P 500
5,713.64
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1.70%
)
US TECH 100
19,280.00
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-0.28%
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Strategyone

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Strategyone

Re: None

Tuesday, 08/10/2021 6:21:23 PM

Tuesday, August 10, 2021 6:21:23 PM

Post# of 4232
My Guess:

Short term a few will "sell the news"

Shortly there after, the analysts will HAVE TO update their future price calls based on new EPS numbers. This quarter they beat estimates by 152% (EPS) and 18% beat in revenues. That translates very well for 1 year out price predictions. These are not small gains. If crypto prices stay just where they are for 30 - 60 days (they won't), I could see COIN well over $300. Add in any reasonable uptick in crypto's and it will see new ATH.
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