SPY bout to run
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.jwhitlock3 said: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.)wanderer said:
Something is askew with MGTI. BTC is up and so are the other BTC related tickers.
Meanwhile MGTI is down 20% pre-market...
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?
ag94whoop said:AgStuckinLBK said:
Roblox IPO tomorrow. Who's getting in on it?
I thought it was Wednesday
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.jwhitlock3 said: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.)wanderer said:
Something is askew with MGTI. BTC is up and so are the other BTC related tickers.
Meanwhile MGTI is down 20% pre-market...
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?
I'm net free with ya. Never apologize for being net free on options; especially LEAPS that now put you in complete control and ease. I love this approach!cptthunder said:
$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
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.Rice and Fries said:
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.
agree long term. Short term loser with reopening. It will take multiple earnings showing sustained users post covid.Brian Earl Spilner said:
Bought some more ROKU.
They're acquiring Foundation TVfightintxag13 said:
What's up with CIDM? Very green!
Shut it down, this is enough for me today.PWestAg18 said:CrazyRichAggie said:
Should be interesting
Rumor has it if they see their shadow it means 6 more weeks of COVID
I wish Mar 19 would hurry up and get here. I sold an uncomfortable amount of $5 puts that are tugging at my heartstrings.oldarmy1 said:
WWR Volume
I will sacrifice mine if need be.TecRecAg said:
Despite being up today, I still feel that my weekly SPY 370P are still fully in play