Member Info for MarketViking

If high risk hustling, moving fast, and hunting for potential rapid profits is your thing, then maybe you would care to take a look at TeraWulf Inc? :-) It's a big BTC mining outfit stateside. I got on the train two days ago at 2 Dollars myself, and in premarket today it's already on the way to 3 dollars! Provided that the BTC rally continues, it could skyrocket back to the pre-bear market highs (=10x type potential.)

At time of writing bid is 16.50 ask is 18.50. Should shut down little league traders. LOL

Emerald, there's no sense arguing with shorts and/or trolls. If you are convinced of a long thesis, now is a time to back up the truck to the loading bay and take another big consignment!! Precisely THIS is how folks make money - by having the ba11s to buy something when it's tanking. I've seen it a hundred times over: human psychology drives people to sell when they should be buying, and to buy when they should already be selling. It's how most people lose money in the stock market. If you believe this company is going up over the longer term, then BUY AND WAIT. That simple.

There is something a bit nutty about this board, I fear. There seems to be near hysteria in the air, mingled with an apparent ignorance of normal market movement. It's up a 10%? 'Woo-hoo - it's going to the moon!!!' It's down 10%? 'Oooohhhh!!! This is going to zero folks!!!' It is all just painfully childish, IMO. Now, I myself have a long thesis on this - on a 1 year timescale. Only time will tell. But equally, only a circus clown would expect the SP to move ONLY up, and to do so in a smooth line! That's not how this stock market thingy works! :-0

(I think I'm not posting here again for a while - it's better to stick to discussions in closed WhatsApp groups. Sigh.)

Super volatile - big moves in both directions. I agree this afternoon could be v interesting. There was some pretty heavy buying yesterday when Uncle Sam came on line, wasn't there?

Hm, we bounced quite hard off of the low of early afternoon yesterday. I have the impression there is a big buyer (or buyers) at work.

If some big new buyers are building a position, this could charge to the 45-50p range before there is any significant pull-back.

(And no, this is NOT financial advice. People should do their own due diligence and take responsibility for their own decisions - obviously.)

Smart shorts would have been out by midday.

Sangi: "--You really haven't done any research into what you are advising others to buy, have you?--"

1.) I'm not advising 'others' to buy. People should do what they see fit and take responsibility.

2.) You're actually right - I haven't done any research. I pay someone to do it for me ;-)

Next?

*competition

For the record, Sangi, all I'd be interested in is how close to commercialisation potential completion is. But hey, I'm 100% sure you understand that point as well as I do.

As for me, I don't come here for bad tempered SP-wars, or whatever. So Peace. Good luck to all longs.

Might be a case of one dude with two accounts talking to himself, Rebs? (That's not by any means unheard of in the short selling community.)

"Main competition"

LOL

"--Whats happened to sangi and tg2d?--"

I'm guessing that they covered their short? :-)

You gotta do what you gotta do, EC. (But there're pros advising clients to BUY UP TO 30p...)

We should expect volatility, IMO.

A sustained rally should create a little bonfire of the shorts - adding more heat

"--Never mind!--" says 'good n'ready to die'.

Have a heart man! Think of all those poor souls who are short! :-D

Bantham, I was referring to newcomers rather than existing investors. My understanding about the presentation last week was that it was a closed event aimed at fund managers and high net-worth retail (although it may be made public after a certain elapse of time?) So I guess it must be a possibility that one (or more?) of these people could have been convinced, and decided to take a position? Of course, only time will tell. But there are certainly some fund managers who have had this on their radar - even prior to the recent announcements. (I myself got the tip from one, FWIW.)

Bantham,

If "new money comes in size", wouldn't you say that this would most likely be a couple of hedge funds or institutional investors taking a long term position after the presentation last week? And those guys are surely going to be driven by fundamentals? So whether it's +/-5% on the daily chart might not be what they are focussing on?