Awesome analysis, great point of view. I had a similar one. But I still believe bears are controlling. I am predicting it to fall to at least 19.5 in the following 2 weeks, Even if btc hits new highs. there is just too many shares that got sumped on use. All in when 19.5.
Thanks for your explanation, but Mara owns a much more bitcoin than 4 years ago and has a much higher mining capacity than 4 years ago which should exceed the halfing effect
high IV declining stock, perfect oppty to do so( If calls were bought and stock declines usually those people sell and cut loss, but they wait until 90% decay and then buy it back) you just keep an eye on open interest and volume everyday. I take screenshots to track options volume everyday if I'm following certain stock
They could not wait to get that shelf offering approval from SEC ! They started dumping on Earnings day before the market close ! Just look at the chart about 1pm to about 2.30 pm
you can not really calculate the price like this, especially in a bull market. People are waiting for this peaks upwards. This was also not a stock split. Many stocks catches the same price again after some time after offering.
But if the company is selling more shares, and you believe in the company long term, this common stock offering is a good thing? In the sense that they will have more funds to expand, and that will in turn lead to a larger market cap and maintain MARAs position as the largest publicly traded miner? This could be very important long term? Don’t get me wrong, I am sure the owners and initial owners are doing very well too. What do you think about Mara medium term 1-2 year period as opposed to the short term?
A lot of the miners are down because company executives are dumping more of their shares back onto the market. Why would they be doing that when bitcoin is near all time high? Probably because they know something regular investors don't. Good luck to anyone who puts their money into these junk equities.
CLSK was tracking the Nasdaq, it is gaining market share while others bleed. It started the recent rally with its earning call, the others followed. Mara and Riot have decoupled from the Nasdaq. Big sign of whats ahead. CLSK is now bigger than RIOT
@@frankiedefi my money can be working else where. Going to add more to nvdl and eth. i can make that back. held mara and riot and kept breaking support while the market was going up. Imagine if there is a correction. Learned the hard way, just by the cryto. This might hit 30s or more when btc hits 100k but i still would have missed out on gains.
@@ExtrinsicTradesthat means that riot has more upside to its previous high in 2021 right? I mean if it's trading as if the price was 41 in 2021 then we still got upside to 80🙃
I followed my right mind and dumped my miner stock and bought bitcoin etf. For that matter, I found out that these miner stocks have jumped down the elevator shaft and still falling selling off and stock piling cash and bitcoins off into etf also. Im done with the miners until after the halfing and piling up large profits with the coin etf. Sorry Mara, You will likely be this big dog after the halfing but right now your just another sell out miner not worth the risk.
this one for those who keep asking why BTC 70k while Mara only 22 . It WAS 80 when BTC was 70k Last time!
Yes , I sold mine at $75.00 , too much dilution since then
bc the market cap is the same as when BTC was $69k....that is because they have 3x the amount of shares outstanding...they have diluted you
Bitcoin going 3x multiple then
Thx. Great analysis !!.
Q? In Yahoo 2023 IS, what is 314,063 "Gain on Sale of Security"? Is this normal Biz?
Thank you.
Awesome analysis, great point of view. I had a similar one. But I still believe bears are controlling. I am predicting it to fall to at least 19.5 in the following 2 weeks, Even if btc hits new highs. there is just too many shares that got sumped on use. All in when 19.5.
If you look at chart exchange the majority of the volume is on the dark pool.
Really good info, thanks for sharing
Thanks for your explanation, but Mara owns a much more bitcoin than 4 years ago and has a much higher mining capacity than 4 years ago which should exceed the halfing effect
How are you looking at the options? Is that think or swim.
First time watching your vid, A+
thnx bro go to thinkorswim/trade/mara/all products/go to options times sales/ filter largest orders for the day.
So you are assuming that those Puts are sold , not bought ?
How do you know options bought vs sold ?
high IV declining stock, perfect oppty to do so( If calls were bought and stock declines usually those people sell and cut loss, but they wait until 90% decay and then buy it back) you just keep an eye on open interest and volume everyday. I take screenshots to track options volume everyday if I'm following certain stock
They could not wait to get that shelf offering approval from SEC ! They started dumping on Earnings day before the market close ! Just look at the chart about 1pm to about 2.30 pm
gross profit is -136,563
the stock soon or later will go down until the go under
So it will go up or down ??
for it to go up BTC has to go up higher that 70k push to 80k 90k 100k etc.
you can not really calculate the price like this, especially in a bull market. People are waiting for this peaks upwards. This was also not a stock split. Many stocks catches the same price again after some time after offering.
On the flip side, imagine how low we can go if we get into a bear market, even if it’s a shirt short one.
But if the company is selling more shares, and you believe in the company long term, this common stock offering is a good thing?
In the sense that they will have more funds to expand, and that will in turn lead to a larger market cap and maintain MARAs position as the largest publicly traded miner?
This could be very important long term?
Don’t get me wrong, I am sure the owners and initial owners are doing very well too.
What do you think about Mara medium term 1-2 year period as opposed to the short term?
the price of this company is coming down so fast I prefer to wait more, maybe I can get some shares for 8 dollars.
A lot of the miners are down because company executives are dumping more of their shares back onto the market. Why would they be doing that when bitcoin is near all time high? Probably because they know something regular investors don't. Good luck to anyone who puts their money into these junk equities.
Even clsk and riot are also down.
Clsk was not
CLSK was tracking the Nasdaq, it is gaining market share while others bleed. It started the recent rally with its earning call, the others followed. Mara and Riot have decoupled from the Nasdaq. Big sign of whats ahead. CLSK is now bigger than RIOT
Riot also diluting like a mother fucker, I don't think as much as Mara tho
I sold out. Down over 25%. Not taking anymore loss
selling at the bottom. thats not a good way to win
@@frankiedefiim holding too but if this keeps dropping, he's gonna be the one laughing
@@frankiedefi my money can be working else where. Going to add more to nvdl and eth. i can make that back. held mara and riot and kept breaking support while the market was going up. Imagine if there is a correction. Learned the hard way, just by the cryto. This might hit 30s or more when btc hits 100k but i still would have missed out on gains.
Your video can not explain riot downfall!
RIOT at this price is worth as much as it was in 2021 at $41. Thank dilution!
@@ExtrinsicTradesthat means that riot has more upside to its previous high in 2021 right? I mean if it's trading as if the price was 41 in 2021 then we still got upside to 80🙃
I think the market is going down and we will see Mara under $18 soon
I followed my right mind and dumped my miner stock and bought bitcoin etf. For that matter, I found out that these miner stocks have jumped down the elevator shaft and still falling selling off and stock piling cash and bitcoins off into etf also. Im done with the miners until after the halfing and piling up large profits with the coin etf. Sorry Mara, You will likely be this big dog after the halfing but right now your just another sell out miner not worth the risk.
Terrible take on the put call spread if the stock goes to 23 or anything bellow 27 this guy loses money on that
Breakeven $24 at exp
The way you were explaining, made it seem like anything in between 27 and 15 was profit
@@roccostoutes yes my bad, forgot the 27C he bought from that collected premium on puts
so you got diluted 300% that means you lost 70% silly, lol