HIVE Blockchain Technologies Ltd (HIVE)

[hobowilly]

Hey, don't be fooled by $HIVE Propaganda & Bullshit Central and their paid lackies like Seeking Alpha, TabStocks, local contributors, et al.
$HIVE investors' holdings will be "consolidated" through a 1:5 REVERSE SPLIT, that's an 80% reduction in the number of shares held. That's not a figment of the imagination, purely "psychological", or a "nothing burger" as some would want you to believe.

How dumb and gullible do these purveyors of bullshit think the $HIVE investor is that they will look at their reduced holdings and agree the 1:5 Reverse Split is in their best interest? That the only reason $HIVE 's Price Per Share has fallen off a cliff to the tune of 84% since to ATH is due to a bloated share structure and tossing the Common Shareholder overboard is the only way to save the sinking ship.

Common Shareholders should note that the 1:5 REVERSE SPLIT only affects the Common Shares, Preferred Shares, those held by $HIVE Insiders will not be subjected to the 1:5 REVERSE SPLIT and therefore will actually increase by 80% in value.

If the 1:5 REVERSE SPLIT were executed at Friday's closing price the new pps would be $4.65, still far below the buying threshold for Institutions, if and only if, they had the slightest interest in a Bitcoin Mining Scam.

Does a rational thinking investor truly believe the pps will soar to $10 and beyond post 1:5 REVERSE SPLIT?

BTW: A post 1:5 REVERSE SPLIT pps of $10.00 would be equal to a pre 1:5 REVERSE SPLIT pps of $2.00. More/Less. Check my math.