$Coinbase Global, Inc.(COIN)$ COIN will sirge after earnings. Why? 1. They are an exchange business. The more transactions made, the more money they earn via commission. The recent surge in crypto prices and ATH breaking means a lot of ppl will FOMO in. At ATH, lots of these ppl will start taking profits and COIN this earn commission again. 2. COIN holds lots of BTC. Now BTC is a lot higher YTD. Their book value will also increase. COIN is going to the moon. You heard it from me first. Thank me later okay.
Don't believe anything from Motley Fool. FYI they have been saying GME / AMC are shit stocks but look at how many people have become millionaires from those stocks.
8 Lies That Have Fueled the AMC Entertainment Pump-and-Dump Scheme
If you truly believe in this company, hold and average down. Supposedly they are going to charge $450k per ticket. In 10 years this COULD be a good Investment. Otherwise just sell.
Virgin Galactic falls as billionaire Branson sells stake worth $300 million