BABL is toast. Written off
ISWH ran like everything else in FEB and they got solid financing. As everything else did in the OTC that ran in Feb came back to earth. This time? Bitcoin hit 65k, they signed withe bitmain like APLD did and they will host. My thought is that these companies signing with bitmain will sign again as they have the inside track so i like that in the forward val. this time, should ISWH take a break? yes. interesting yday though. up 10% fell down hard and recovered to be up 10%. real money behind it because it IS TRULY VERY CHEAP as it is not well known (yet) compared to competitors like APLD, RIOT, HUT, etc.
Hemorrhage, I guess so. Honestly, since i own cryptos too, they needed to take a little break. August was very solid. I think once everyone realizes there is no where to put your money except in stocks and crypto next week, we should see some moves higher. The Fed put is still firm and if CPI and Retail Sales hang a dovish tone, funny enough, risk assets move higher as the Fed put just gets stronger. I think CPI comes in strong but it is supposed to be "transitory" so the market will only have a day and a half before Retail Sales prints. 70% of the economy is the good ole American consumer....are we already at the end of the cycle? feels upside down these days. we will live on with covid into perpetuity...
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