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Re: LOB post# 41669

Monday, 11/15/2021 11:20:48 PM

Monday, November 15, 2021 11:20:48 PM

Post# of 42940
cbtc is a very unpredictable monster. Look at the last 9 months it runs like a beast but dumps like a truck. It is solely BTC dependent and as it goes up or drops so does this ticker. I believe they had a LOI a while back and just waiting for things to settle. A few weeks ago when rumors about BTC being bad for the environment this ticker dumped then when news regarding regulating BTC on an exchange this then went up. I also believe that they were building more miners etc. But for some reason it has failed to reach its .03 and above price range even though we are over 60,000 and at this rate this ticker was at .03 in the spring. Very strange how these tickers are below their price ranges from the spring even though we are above 60,000. Could mean a few things these tickers suck, people being cautious, BTC hype, waiting for big players to jump in, waiting for more guidance from the government, and I have ten more possibilities. Either way this could turn either way look at what happened to bbkcf but this ticker had some backing. But it still likes to play in the .90 cent to 1.50 range but of course not daily but monthly. Its all a gamble just land the ball on the right color. ERBB I have not followed would have to look into it. I think they do cannabis but a lot of these cannabis tickers go sideways like ithuf. A law suit will do that to a company. Good luck.