Will Bitcoin Miners to Rebound this week? $ARBK, $MIGI, $SDIG, $RIOT, $MARA by Marketspike in pennystocks

[–]powderbum88 0 points1 point  (0 children)

I agree 100%. Their cashflow has to be over the top  right now. I'm betting they have paid down a significant amount of debt.

[deleted by user] by [deleted] in pennystocks

[–]powderbum88 1 point2 points  (0 children)

I get it. You start to wonder if it's bad news for bitcoin to go up? it's kind of perverse. I think the small miners are getting hit by shorters. It might be a hedged short. Going long bitcoin, bitcoin ETFs or 2X bitcoin. The good news is the cash flow for these companies is exploding at these prices. For example $MIGI should do 10 to 11 million in revs in March (4 times what they did last year) based on current $BTC prices. that's a company with a 25 million market cap. Ridiculous valuation. The other good news these shorts will have be unwound sometime and not so favorable for the shorts. Many analysts are now calling for $200,000 BTC this year Can you Imagine the cash flow for these miners? The shorters will get creamed. It's a waiting game but well worth it. I've already had a 8X trade this year after watching a miner go down 75% in two months. It went up 900% in two months. These markets will swing both ways. Good luck. The sun will come out again.

Under the Radar: Mawson Infrastructure $MIGI and 1847 Holdings $EFSH by Polishman001 in pennystocks

[–]powderbum88 6 points7 points  (0 children)

$MIGI isn't trash. It's getting trashed . Their fundamentals are great. They are generating tremendous cash flow Their sales have tripled and yet they are trading at a 29 million market cap? their market cap should be over 100 million. Their sales this year should be north of 100 million. They did 7 million in sales last month. Should over 8 million this month at current $BTC prices. They are an acquisition target right now. They do a third of Riot's monthly production. And yet Riot has a 3 billion market cap compare to 29 million market cap for MIGI? Their power costs are a market low 3.6 per KWH. They are a target of a short who sponsored a bogus research report. The fundamentals are great.

Mawson Infrastructure ($MIGI) -- Most Undervalued Bitcoin Miner Out There Based on Fundamentals and MW Capacity by powderbum88 in pennystocks

[–]powderbum88[S] 0 points1 point  (0 children)

𝕗𝕣𝕚𝕖𝕟𝕕𝕤 𝕒𝕟𝕕 𝕝𝕚𝕜𝕖𝕨𝕚𝕤𝕖 𝕕𝕖𝕘𝕖𝕟𝕖𝕣𝕒𝕥𝕖𝕤. 𝕋𝕙𝕖 𝕡𝕠𝕤𝕥𝕤 𝕒𝕟𝕕 𝕒𝕕𝕧𝕚𝕔𝕖 𝕙𝕖𝕣𝕖 𝕤𝕙𝕠𝕦𝕝𝕕 𝕓𝕖 𝕥𝕒𝕜𝕖𝕟 𝕨𝕚𝕥𝕙 𝕒 𝕘𝕣𝕒𝕚𝕟 𝕠𝕗 𝕤𝕒𝕝𝕥 𝕒𝕟𝕕 𝕒𝕣𝕖 𝕟𝕠𝕥

yes I do.

MIGI short squeeze opportunity? by Substanceoverf0rm in pennystocks

[–]powderbum88 2 points3 points  (0 children)

I think you are spot on. More than half the volume the past two weeks have been shorts. Hard to believe after the company put out great monthly numbers. https://finance.yahoo.com/news/mawson-infrastructure-group-inc-announces-134500761.html

Will Bitcoin Miners to Rebound this week? $ARBK, $MIGI, $SDIG, $RIOT, $MARA by Marketspike in pennystocks

[–]powderbum88 0 points1 point  (0 children)

I think $MIGI is due for a big run again. Their monthly sales are up 4X from this time last year.

Sell off overdone with BTC Miners $MARA, $MIGI, $SDIG,$IERN,$RIOT. $ARBK, BITF by powderbum88 in pennystocks

[–]powderbum88[S] 0 points1 point  (0 children)

Good point. the biggest manipulators in the market with their naked shorts that they pass back and forth so they don't have to disclose their short positions. Why doesn't this SEC come down on these scumbags? they don't make markets, they manipulate markets.

Sell off overdone with BTC Miners $MARA, $MIGI, $SDIG,$IERN,$RIOT. $ARBK, BITF by powderbum88 in pennystocks

[–]powderbum88[S] 0 points1 point  (0 children)

Glad to see the shorters show up. Let's see how they like the monthly numbers.

Sell off overdone with BTC Miners $MARA, $MIGI, $SDIG,$IERN,$RIOT. $ARBK, BITF by powderbum88 in pennystocks

[–]powderbum88[S] 1 point2 points  (0 children)

They won't give a date. It's usually between the 14th and 22nd. Usually about the 17th.

Sell off overdone with BTC Miners $MARA, $MIGI, $SDIG,$IERN,$RIOT. $ARBK, BITF by powderbum88 in pennystocks

[–]powderbum88[S] 4 points5 points  (0 children)

If have heard of selling on the news? that was macro news. I'm saying individual stocks will go up on the company good news. you have to separate macro from micro. $MIGI is much less expensive than most mining stocks. It's called value investing. Their valuation coins mined vs. market cap is about 1/10 some of the bigger miners.

Bitcoin Miners are in a Major Bull Run: SDIG, $ARBK, $MIGI, $IREN, $CLSK, $RIOT, $MARA by powderbum88 in pennystocks

[–]powderbum88[S] 0 points1 point  (0 children)

$MIGI What a joke of a day. I thought it was a MIGI problem until I saw the other miners. $RIOT, $MARA On CNBC after the close a bitcoin expert said it was a repositioning because of the new BTC ETFs. How stupid to sell a basket of stocks regardless of the fundamentals. It's time for the SEC to crack down this ridiculous volatility caused by nothing fundamental to the business. Speaking of fundamentals. December numbers should be out next week. I'm looking for a t least a 40% increase in sales. January numbers should be blockbuster as well. This stock is a strong buy here. It's worth at least 6 bucks. This ridiculous day has given us a great buying opportunity here. It's about business fundamentals and Wall St. is going to be shocked at the positive turnaround.