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Riot Blockchain, Inc. (RIOT)
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Riot Blockchain stock price target raised to $82 from $51 at B. Riley
Seems like we should be higher with bit being close to a weekly high. However, it is positive that we are keeping up with Mara, even at these lower levels, seems the stock dilution￼ is already in price.
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RIOT closed up 5.17 percent on Wednesday, September 15, 2021, on approximately normal volume. Note that the stock is in oversold territory. Might see a nice spike up
Ky Tuong Ly
Anyone have any insight into how the upcoming bitcoin softfork TAPROOT upgrade will affect el salvador's use of btc as legal currency? How does Taproot affect the lightning network? Will chiva wallet be affected? How will taproot position btc vs other cryptos like ethe, cardano, solana with regards to the NFT market? thanks for any answers guys
#bitf #mara #riot
Not hard to find a bear here. If it's anything like $MARA, $RIOT, hell I even like $BITF, $BTBT, and $HIVE, they should have decent projections for profitablity. Most of the miners do. With $BTC to be over 60K by EOY, this could be the diamond in the rough I have been looking for. I never buy a merger all at once. Keeping some powder dry.
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Interesting when you look at shares outstanding, net income and valuations amongst $MARA, $RIOT, $ HUT, & $BTBT and mining activity. Some are under the radar for sure.
$82 price target! Wow! Short Squeeze possible!
WISH ME LUCK ! JUST BOUGHT 29.4 …. Gd luck to all!
Forts Annual Run Rate to Hit $29million by the end of September!That’s 1/7th what $HVBT I s about to hit at $200M. With 1/5 the float, and 1/7th the current Stock Price!!!
$RIOT $CSTR $HUT Fortress Technologies is ready to Fly, lowest P/E ratio of any mining company!!
I bought 1500 shares today guys and my target is $38!
Looked the Bitcoin ap this morning while hitting the gym said 24 hour -$52K high, $48K ( now), $42K low.
Came home - back to the normal screen ( error) and no I was not on the weather ap. I am still believer in $50's soon and year end $70.
They're gonna dilute the living thing out of RIOT (200% plus)....read the prospectus:
This isn't about Crypto
Authorized Shares of Capital Stock
Our authorized capital stock consists of: (i) 170,000,000 shares of common stock, no par value per share; and (ii) 15,000,000 shares of “blank check” preferred stock, no par value per share, including (a) 2,000,000 shares of preferred stock designated as “2% Series A Convertible Preferred Stock” and (b) 1,750,001 shares of preferred stock designated as “0% Series B Convertible Preferred Stock.” As of August 27, 2021, there were 95,948,232 shares of our common stock outstanding, no shares of our 2% Series A Convertible Preferred Stock outstanding, and 2,199 shares of our 0% Series B Convertible Preferred Stock outstanding.
This selling is way overdone! RIOT only submitted paperwork to the SEC to issue more shares if needed. No additional shares have been issued. They are going to use the funds to expand the operation to become even more profitable! Trading at about 25x forward earnings now with 1500% revenue growth!
I am a divine being who can see the future. Bitcoin will top out at 59742 by December 22, and will not see $100,000 Until April 19th 2022. By then the vaccine will have killed 27 million Americans and they will blame it on the THETA variant
Good price @Px - I got some more under 29 also, my guess is we close 31 area and see 34/35 first part of next week.
400k on options vol that this stock will be 37 by the end of this week im in PT set to 36.8 GL to everyone
Been a hell of a week, impressed by Riots resistance to stay in the low $30s even though Mara has taken more of a hit. All things forward let’s hope for a strong next week and a great weekend for crypto.
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