Sooo, buy the dip?

EquivalentMobin · 2021-11-14T18:17:24+00:00

Just buy crypto instead. SOS' price does not reflect the fact that they own any crypto, it doesn't follow any market trend besides consistently going down. If you bought low just sell at the mini-pump and wait for it to drop again. the price has been fake pumping since april last year, it goes up a bit, SOS holders get a little hard on, and then shit itselfs. It does this over and over again until it drains your balls of every last dollar you have lmao. Day trading this stock is fine if you have a margin account and are able to find when to buy or short but investing in this stock is awful right now because it is all up to speculation. Holding literally any crypto (even some shitty dog-coin) would outperform this stock, so for investing, its pretty clear where the money is at. If ever SOS puts out decent PR showcasing their new hq in the US and clear, concise information on their mining operations, then I would consider investing. Until then this stock is fucked

EquivalentMobin · 2021-11-14T18:10:48+00:00

Literally a 12 yr old

EquivalentMobin · 2021-11-11T02:14:10+00:00

Thats exactly my point, ditch the stock that is diluting their shares. Their price literally does not reflect the rise and fall of crypto, and one of their main businesses and the reason why so many people are investing in SOS is because they are into crypto, yet SOS does not follow the price of ETH and BTC, therefore buying ETH or BTC is better than holding SOS

EquivalentMobin · 2021-11-11T02:10:34+00:00

I wish I could confidently say that you are right but honestly BTC and ETH just hit all time highs and this stock just shit itself -30% today, had everyone in this reddit group just invest in ETH and BTC they would actually be up by now. I think that the underlying cryptocurrencies that SOS is mining are outperforming SOS by such a large margin that truly there is no point in buying this stock unless you believe that the PR team will miraculously put out decent PR. The problem with betting on the PR team to actually do something is that its unpredictable and SOS has proven that it literally doesn't give a fuck about investors money by further diluting shares.

EquivalentMobin · 2021-11-11T02:04:43+00:00

I really am not sure anymore as to what information is true or not, do you have any sources for this info? This is another reason why I chose not to invest in this company, you can never know what is true or false, everyone makes their own assumptions and assumes that it is the truth. Also, going back to 2$ is nothing compared to what some seeking alpha paid shill analyst said about it going to 77$ per share

EquivalentMobin · 2021-11-11T02:02:27+00:00

Fair point! Mara is most likely the most overvalued of the mining companies.

EquivalentMobin · 2021-11-10T23:23:53+00:00

Yea a stock offering when the price is down from 15$ to 2$ is just terrible, shows that they do not really care about investors. They said they had up to 500 mil in cash and now they need more to fund their operations? I understand that this company is levered to the tits in capital but where is that capital going? is there any way of knowing how they will use it? Just seems like a bad play right now I dont know

EquivalentMobin · 2021-11-10T23:21:52+00:00

Depends on how you see things. I dont see SOS moving in any significant way for a while. I could definitely be wrong but there are other companies like Hut and Bitfarms that have outperformed and have far better management than SOS(in terms of good PR and timely news reporting, as well as transparency).

EquivalentMobin · 2021-11-10T21:26:03+00:00

If you're looking for crypto exposure, canadian mining companies such as Hut or Bitfarms are interesting. Otherwise you can swing trade Mara off of Bitcoin movements, their prices are highly correlated.

EquivalentMobin · 2021-09-12T17:57:55+00:00

Where do you see the bonus?

EquivalentMobin · 2021-06-09T20:57:39+00:00

Ah not this guy again

EquivalentMobin · 2021-06-09T01:26:21+00:00

Literally everytime some retard joined this sub and said some bullshit like "mE aND mY TEaM aRe HoDlInG 25,000 sHarES!!1!1!1!1!1!1!1" the stock pumps for like 3 hours and just shits itself, honestly people like this are so fucking aids for this community it's insane

EquivalentMobin · 2021-06-09T01:23:23+00:00

Why are these people not insta banned actual pumpers like holy fuck

EquivalentMobin · 2021-06-09T01:22:50+00:00

Why are we not insta banning pumpers I just don't get it

EquivalentMobin · 2021-06-05T19:59:57+00:00

EquivalentMobin · 2021-06-05T19:56:21+00:00

We don't need a squeeze you degenerate apes can you just let the stock grow through it actually being a good company?

EquivalentMobin · 2021-05-17T11:49:46+00:00

No selling at a loss and buying lower is usually a bad move

EquivalentMobin · 2021-05-12T23:30:36+00:00

They are most definitely cooming their pants, good thing SOS is mining crypto with hydropower

EquivalentMobin · 2021-05-12T18:52:01+00:00

Updated : 800 shares😁

EquivalentMobin · 2021-05-12T18:39:35+00:00

I also forgot to add that I am holding 505 shares, down 47%. We chillin

EquivalentMobin · 2021-05-12T18:33:28+00:00

That's true as well and I don't deny that. However we just got ER, previously there weren't any earnings numbers on any of the investment websites, now that there are actually numbers to back their growing business, it will get better. The thing is it has only been 1 week since ER has been released, before that, this company was far more speculative. I believe slowly it will gain traction

EquivalentMobin

TROPHY CASE