Boiler Room: The Official Stock Market Discussion

[bnew]

Yahoo is now a part of Verizon Media

summary...

CLSK—The addition of new miners, paired with the recent market performance of Bitcoin prompted the company to raise our revenue guidance to $30 million for fiscal 2021, 300% of what we successfully delivered in 2020

RIOT—Riot Blockchain recently said it expected to increase Bitcoin mining capacity by 65% following $35 million of investment in new equipment.

NEXCF—The provider of virtual and augmented reality experience technologies and services for e-commerce, education, conferences, and events has doubled its Bitcoin investment to $4 million and may add more in 2021.

MSTR—Last month, business intelligence company MicroStrategy Inc announced that it had purchased an additional 29,646 Bitcoins for US$650mln in cash “in accordance with its treasury reserve policy”. This took its holding to 70,470 coins bought for a reported $1.125 billion. At current prices, the investment is worth almost $2.4 billion.

GBTC—ARKK that’s all that needs to be said for time sake

I am just thinking out loud but comparatively speaking NEXCF investment seems comparatively small to the other companies it’s listed amongst...who knows though there still may be room for them to grow

I’m looking into GRNQ who has plans to borrow funds up to $100M to purchase BTC...the gamble is can they execute...I’m reading up more on them now

Stock Market Insights | Seeking Alpha

i'm more bullish on their tech making them more money than their bitcoin holdings. Virtual conferences in 2021 is bound to increase by a lot.

edit: they also got uplisting approval to NEO and will likely go for NASDAQ as well soon.

 

[old pig]

i'm more bullish on their tech making them more money than their bitcoin holdings. Virtual conferences in 2021 is bound to increase by a lot.

edit: they also got uplisting approval to NEO and will likely go for NASDAQ as well soon.

that’d be huge for them

 

[mr. smoke weed]

TSLA doesn't take a break when it runs, jesus

 

[mannyrs13]

Tesla flying, crypto flying, gonna be a great day. Can go back to sleep knowing I'm in good hands.

 

[winb83]

What you just described is no different than what people are doing with ARK’s ETF’s. They’re betting on Cathie, who actively manages her ETF’s just like BRKB. It’s the same shyt.

When you buy Cathy’s ETF you’re pooling your money with her and allowing her to invest it in publicly held companies on your behalf. She does the DD for you.

When you buy Berkshire that’s you buying a conglomerate. It is a company that owns and manages other companies outright. Do they also invest in other companies? Yes. But they themselves are a company with many subsidiaries.

An ETF doesn’t fully compare to a holding company as one is an actual business itself with its own operations and the other is a fund of pooled resources looking to invest in companies.

 

[mr. smoke weed]

ARK Bought OPEN yesterday

 

[mr. smoke weed]

Y'all gonna keep IPOC after the ticker change? I feel like up is the way it's gonna go

 

[Serious]

Y'all gonna keep IPOC after the ticker change? I feel like up is the way it's gonna go

holding Clover health for the next 5+ years.

Hoping it dips soon, so I can load up.

 

[Rekkapryde]

I'm about to load up on RIOT. If bitcoin projected to hit 100k next year. RIOT about to follow along and be in the triple digits..

BTC around at 35k... The future is here boys

My last 401k rollover to my IRA cleared this morning. Got a shytload of bread to play with.

Let the games begin.

Bought 50 more TSLA, edit: 100, not 50
171 more shares of PACB (had only 29)
167 more shares of RIOT (only had 33)
Bought 200 SQ

BirdRekk ain't playin no mo

 

[Rekkapryde]

ARK Bought OPEN yesterday

Is that right?????

*buys more ARK*

 

[mr. smoke weed]

Is that right?????

*buys more ARK*

Yea! You can go to their website and sign up for their daily trades. Pretty transparent, shows which fund bought/sold what. Just not at what cost.

 

[Serious]

@Doomsday was right



BNGO is a go long term.


Just need it to dip some more, before reentry.


Need to pay attention to what that conference reveals.

 

[Rekkapryde]

@Doomsday



BNGO is a go long term.


Just need it to dip some more, before reentry.

 

[Rekkapryde]

@Doomsday was right



BNGO is a go long term.


Just need it to dip some more, before reentry.


Need to pay attention to what that conference reveals.

just bought 1000 shares, but they only let me get 972. But....it's already got me up 380 bucks in pre-market.

Is this a pump and dump or long-term?

 

[Serious]

just bought 1000 shares, but they only let me get 972. But....it's already got me up 380 bucks in pre-market.

Is this a pump and dump or long-term?

Here's a breakdown with hype stocks, some people are pumping, some people are long term and some people are just following the pumpers, but will ultimately be bagholders who sell at a loss or a fraction of what the stock was.

I'm not buying anything yet until i see more of a correction or more concrete evidence.