Replies to post #2444 on Marathon Digital Holdings Inc (MARA)

[porscha]

Great find smallcapplayer. Let's hope this is just the first of many initiations of coverage. I think more analysts will come on board once our Q2 numbers come out. MARA is going to be hard for a lot of analysts to value simply because of the varying amounts of quarterly revenues we will be experiencing due to the nature of their business sector. I hope they decide to have a conference call this Q to help ease some of those fears.

[follyism]

I hope this is a precursor to getting coverage from bigger investment banks, which is fundamental to any real price action going forward on the NASDAQ.

My feeling on seeing H.C. Wainwright & Co issue a rating is neutral to negative.

H.C. Wainwright & Co, just like other small specialty finance investment houses, is in the business of helping micro and small cap companies do secondary offerings. Sure, they have "independent" research divisions. Anyone who works or worked on Wall Street knows the "chinese wall" setup to stop the investment banking side, trading and retail from influencing the research side is a bunch of malarkey.

Can this be an indication then that a secondary may be coming in the near future? I say it's very possible. If that is the case; I hope they time it correctly, i.e. after a wave of stock price appreciation and positive events.

Also, if you do a quick search of Amit Dayal's stock coverage and check the performance - it's not impressive.

That's just my two cents.

Lets hope more influential players initiate coverage soon.