Need to get my ass back to the LoS. I do miss that place. I used to go there for 3 weeks every January up until 6 yeas ago. Usually the jungles up near Chiangmai or the islands... enjoyed Hua Hin too. New GF wants me to take her there this winter.
RE: US JOLTs and Quits numbers today6 Sep 2024 00:37
Seriously falling out of love with CLSK but one could be forgiven for expecting them to take an upward trajectory over the coming weeks it wouldn't surprise me. Only a small CLSK holding but considering rotating all of it into the safer haven of CORZ tomorrow. Thank goodness for APLD and WULF my only saving graces that prompted me to peak at my PF for the first time in a woefully bleak couple of weeks. Keep the faith.
And then there was all the btc headwinds this year, grayscale dumping, mt Gox, Kamala Harris ) and US government transferring 1000 bitcoin to Coinbase + Saxony selling all of its bitcoin (fools, a gordon brown moment)
Indeed CLSK no point in chasing a stock after its run. We have seen that with MIGI recently, that must have created a stack of bag holders after the pull back from the spike.
Well Dags 2 years ago Wulf was at an an insane price - 10 x todays price. But then so were a lot of its peers but the landscape has changed somewhat. SEC bitcoin etc approval wasn't the seismic event everyone hoped for. However I think Wulfs got capacity to move through a few move gears from where it is today perhaps double what Cantors price prediction is by year end.
Thanks CLSK for your thoughts. I thought you might be wavering on CLSK back there and about to rotate your CLSK into CORZ or topping up on BTDR. Surely you won't be heading back to MARA... I feel WULF will doing one fund raise before the end of the year, however that is offset as its still a strong investment case with its diverse portfolio AI/HPC approach. Cantor Fitzgerald reaffirmed its price target of $10.00.
"Investor concerns about the timing and certainty of these AI/HPC deals have recently led to a pullback in Terawulf's share price. Cantor Fitzgerald sees this as an opportunity, suggesting that the current discount on Terawulf shares is a point of entry for investors."
Dagenham. I also think some special about to happen with Wulf. It is a volatile stock the same as MIGI, but has much stronger fundamentals and prospects. Track record when WULF spikes it tends to retain most of its gains whereas MIGI quickly loses them seems more flakey. WULF not immune to shorting syndicates but seems to fend them off better than CLSK and MARA.
Yes with GST and QBT its a race to the bottom. Francesco Gardin's post RNS interview yesterday was hilarious beyond belief.