LOTM readers are well aware, we work with the attitude to Buy Companies and Trade Stocks.
When making a purchase – we determine which of the two categories mentioned above the purchase will fall into. Continue reading
LOTM readers are well aware, we work with the attitude to Buy Companies and Trade Stocks.
When making a purchase – we determine which of the two categories mentioned above the purchase will fall into. Continue reading
Re: Soluna Holdings (SLNH)* $8.40
John Belizaire is the CEO of Soluna Computing.
Soluna Computing is the world’s first utility-scale company combining Alternative Power Generation with high-performance computing facilities. Continue reading
Unloved and over-sold, XBI the S&P Biotech ETF, is attractive for a short-term over-sold bounce and a long-term accumulation perspective. Continue reading
LOTM: Ten Under $10 comment Jan 29, 2022
GATOS Silver: Lots of price drama this week. The share price dropped from about $10 to Fridays close of $3.06. We are impressed by the drop mainly because we not that impressed by the news. Yes, it was a shock. And yes, we are uncertain of the ultimate outcome. The company stated that reserves were overstated – possibly by 50%. The adjustment will not be known for six to eight months. In addition to the reserve downgrade, a number of brokers downgraded the shares from out-perform to under-perform. The fall in price triggered margin selling. At $3.00 all margin related to the shares has to be 100% paid off. That tough situation and acts like a magnet drawing the share price to the $3.00 area where the stock needs to be fully paid for. Continue reading
Last week, LOTM shared the relationship between the S&P 500 and Gold as shown in the SPY divided by GLD. The chart above provides a visual on whether more focus can be applied to one or the other. Currently we would use a rally in this chart to sell the S&P 500 and buy Gold. Continue reading
Technical Comment on the Chart below.
This video linked below on Bitcoin and its current price decline worthy of sharing. Continue reading
Sourced from Finviz.com
Soluna Holdings updated its December 2021 results for its Soluna Computing 100% owned subsidiary. Continue reading