jdharward

RIOT - So fucked

Short
jdharward Mis à jour   
NASDAQ:RIOT   Riot Platforms, Inc.
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
Commentaire:
Actually, see you at $1.20
Commentaire:
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.