RIOT puts have been doing awesome the past week :)
Why is RIOT a piece of shit and why should you short it?
Well, namely they fund their operations through share dilution. Management is also highly inexperienced.
Oh, and I think they defaulted on a loan or something? I know they gave a lender a whole bunch of cheap warrants to exercise around the middle of June.
Target down to the Gann line.
See you below $2
Why is RIOT a piece of shit and why should you short it?
Well, namely they fund their operations through share dilution. Management is also highly inexperienced.
Oh, and I think they defaulted on a loan or something? I know they gave a lender a whole bunch of cheap warrants to exercise around the middle of June.
Target down to the Gann line.
See you below $2
Comment:
Actually, see you at $1.20
Comment:
Bitcoin seems to be losing steam, but god damn nearly $8k.
Bitcoin (surge) is China's response to tariffs.
Picked up some RIOT 5/17 $4.50 puts at EOD today.
Bitcoin (surge) is China's response to tariffs.
Picked up some RIOT 5/17 $4.50 puts at EOD today.
