InvestorsHub Logo

stock investor 21

01/12/21 7:31 PM

#12622 RE: No-Quarter #12621

your talking about a company who increased their increased mining to 50 bitcoins a day and blocked many other companies from buying additional miners. This is also the time to raise all this money versus when we were at 5 pps. Its very smart and timely for the company to increase production as quickly and effectively as they are. ~15% dilution for 50% increase in production is a small price to pay. Can't be short-sighted in investing

fitzwell11

01/12/21 7:45 PM

#12624 RE: No-Quarter #12621

Well I think when you saw MARA go from $14.50 to $9.60 with Bitcoin up that was 20 M shares hitting. Now with MARA at new highs in his round will prob take it down to $14-16 range absorb and bounce. I’m personally amazed this stock has absorbed such massive dilution and still up 130%

No-Quarter

01/13/21 1:01 PM

#12650 RE: No-Quarter #12621

I'm feeling better today about the purpose and use of the newly printed diluted shares...

https://ih.advfn.com/stock-market/NASDAQ/marathon-patent-MARA/stock-news/84080146/marathon-patent-group-announces-250-0-million-reg

Dilution still picks the pockets of shareholders though!