$Marathon Digital Holdings Inc(MARA)$

People selling for pennies, instead of dollars, never makes sense to me in stocks like MARA. Highly volatile, but bitcoin price hasn't even hit new ath yet. You know it's coming, you know they have 27k bitcoin, and produce more bitcoin every day. I'm assuming all the upgrades are nearing completion, 50 exahash announcement anyday as their daily numbers at times are already above 50 exahash, 52 week high is above $30, and people want to know if they should sell before $20. Math skills people, math skills, do some basic math, that is without even factoring high short interest that has to cover at some point. High volume, bitcoin moving up, nowhere near peak of either, and clowns still selling.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet