SPY bout to run

Should be interesting

jwhitlock3 said:

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wanderer said:

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Something is askew with MGTI. BTC is up and so are the other BTC related tickers.

Meanwhile MGTI is down 20% pre-market...

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Not sure what others feel about this, but I spent an evening digging through stuff for these guys and came away less than impressed. Leadership has some past issues that are shady, the company has stopped posting updates, and the balance sheet looks awful. They're literally mining in the middle of a field with shipping containers. For my money, it feels like there are much better plays (ex MARA, DPW etc.)

I'm in it with a cost basis of .17 but looking to exit when we get a rip. Anyone else feel the same or am I off base?

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To further this - they have several mining computers (something like 35%) that are offline cause they can't get parts and are just sitting there broken. Whats even worse is the mining units they have are now second generation and not top of the line. There is a 9-month backlog to get the new units.

Additionally, they signed a 2 year lease agreement for whole sale electricity rates with the city in Georgia and that expires I think soon (within 6ish months).

But you are totally right - have a bunch of mining units in a field in a shipping container. That said, they might have some undisclosed news because those goal posts from earlier in this year/late last year.

ag94whoop said:

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AgStuckinLBK said:

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Roblox IPO tomorrow. Who's getting in on it?

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I thought it was Wednesday

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Yes, had it my calendar as tomorrow so I wouldn't be late on it

$GE
Managed to go NetFree on some of the $15 2023 leaps OA brought up a couple months back
Pretty poor management on my part because I actually forgot I had a GTC order to go NetFree instead of holding but no complaints on my part
Now its time to set some alerts for next resistance level and all i see is around $17 bucks from back in december of 2017

PWestAg18 said:

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CrazyRichAggie said:

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Should be interesting

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Rumor has it if they see their shadow it means 6 more weeks of COVID

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jwhitlock3 said:

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wanderer said:

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Something is askew with MGTI. BTC is up and so are the other BTC related tickers.

Meanwhile MGTI is down 20% pre-market...

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Not sure what others feel about this, but I spent an evening digging through stuff for these guys and came away less than impressed. Leadership has some past issues that are shady, the company has stopped posting updates, and the balance sheet looks awful. They're literally mining in the middle of a field with shipping containers. For my money, it feels like there are much better plays (ex MARA, DPW etc.)

I'm in it with a cost basis of .17 but looking to exit when we get a rip. Anyone else feel the same or am I off base?

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I wish I could say I disagreed with you, but after digging further into their site I have the same feelings. I too am in at .17.

I mean, this is their BTC mining operation....

Rice and Fries said:

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But you are totally right - have a bunch of mining units in a field in a shipping container. That said, they might have some undisclosed news because those goal posts from earlier in this year/late last year.

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Yeah the volume that came in with those goal posts is what has kept me from setting a limit order to sell at my cost basis. I have alerts set to recheck it when we cross .15, and I've seen rumblings of them having to be caught up with financial statement releases by the end of this month. Rather than take the loss now I'm waiting through at least the next BTC surge (push to 75k based on Mancini) to see what I can make of this. Thanks for throwing your .02 in, makes me feel better I wasn't just being overly negative.

Bought some more ROKU.

Counterpoint: lots of small telecom sites look like that and what's the purpose? Putting equipment where it needs to be to meet needs.

If they're out there for a specific reason that gives them a competitive advantage, like cheap power, that's kinda what I'd expect a very lean mining operation to look like.

If they're cutting corners it's one thing. But this isn't Charles Schwab, you don't need a highrise in Manhattan.

SONO looks ready to come out of consolidation and continue trend. I would like the April 16th $45's if I can get $1.

What's up with CIDM? Very green!

CIDM ripping this morning

SYN volume

Brian Earl Spilner said:

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Bought some more ROKU.

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agree long term. Short term loser with reopening. It will take multiple earnings showing sustained users post covid.

GILD calls moving again

Watch for second goal post on NIO

https://www.tiktok.com/@porteremmie/video/6936478084870851846?sender_device=pc&sender_web_id=6935977500305163782&is_from_webapp=v1&is_copy_url=0

A fishing video for good luck on a Monday.

fightintxag13 said:

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What's up with CIDM? Very green!

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They're acquiring Foundation TV

PWestAg18 said:

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CrazyRichAggie said:

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Should be interesting

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Rumor has it if they see their shadow it means 6 more weeks of COVID

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Shut it down, this is enough for me today.

Bought April 16 AAPL 135 for 1.08
If these don't end up ITM, I don't think I'm ever buying AAPL again.
It's already down to 1.04 if anyone cares to join me in losing more money on AAPL.

Is anyone gonna gamble with earnings today for SFIX?

Net free - so do others sell all the stock if they are happy with the gains?
I have a hard time holding on to stocks. I would rather put that money into the next opportunity.

NVAX - I sold it all for a gain. If not, I would have been lost a $100 a share during the past month.

People still high on CLOV? Haven't entered yet, and wondering if I should get in or if this one has lost some of its luster

WWR Volume

oldarmy1 said:

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WWR Volume

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I wish Mar 19 would hurry up and get here. I sold an uncomfortable amount of $5 puts that are tugging at my heartstrings.

Despite being up today, I still feel that my weekly SPY 370P are still fully in play

Selling covered calls on this push on any new share purchases.

TecRecAg said:

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Despite being up today, I still feel that my weekly SPY 370P are still fully in play

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I will sacrifice mine if need be.