HIVE Blockchain Technologies Ltd (HIVE)

[hobowilly]

These crypto miners should be doing better with the rebound in the bitcoin price.

Why? They are all Legal Scams.

They take investor money, then they also dilute them to mine their Crypto, then they HODL. They give nothing to their investors except bullshit. They have been exposed and smart intelligent investors are buying the asset, not the stock. The reason for the volatility is the action by High Frequency Traders. They Buy/Sell with every slight move of the Bitcoin price. They have special order types that have top priority over all other types of trade orders. When Bitcoin drops $500 the price of the Bitcoin miners immediately drops, in the blink of an eye. No retail trader can get orders in that quickly. Frankie's Mushrooms don't have a frickin' clue what's going on as they watch their money disappear from their bags only to be replaced with pure bullshit.

HIVE: 397% Growth at 6x Earnings

Nasdaq: HIVE | TSX.V: HIVE

By: Adam Sharp,
Editor, The HIVE Newsletter

Over the past year HIVE has put up some noteworthy financial numbers:
Quarterly revenue growth: 397% (YoY)
Return on assets: 37% (ttm)
Return on equity: 62% (ttm)
2,374 Bitcoin HODL reserves
HIVE shares currently trade at $2.25 on the Nasdaq. That gives the company a P/E ratio of approximately 5.8 (as of 5/28/2022, Yahoo Finance).

A case can be made that HIVE shares are attractively priced at these levels. So in today’s newsletter, we’re going to dig into HIVE’s valuation and strategy.

Let’s start by examining new investment bank coverage of HIVE.

As of 3/21/2022 HIVE produces about $650,000 worth of cryptocurrency per day, putting the company on a $237 million revenue run rate.

$650k A DAY!!!!!!!!!!!!!
And the stock price?

Frankie Houdini Holmes is making his Investor Mushrooms' money magically disappear and then throwing this bullshit in their faces and what do they do? They eat it up, every last bit of it and say what a genius The Lyin' Scammin' Walkin' Talkin' POS is.

WAKE UP!!!!!!!!!!!!

ROTFLMFAO!!!!!!!!!!!!!

Lower HIGHS and LOW LOW LOOOOOOOOOOOOOOOOOOOOOOOOOWER LOWS!!!!!