Why we like Galaxy as a long-term investment in the Blockchain Eco-system

In the news today (below) we will highlight what we consider key parts. We will make comments in red. Continue reading

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LOTM: Galaxy Digital – A Short term Trade opportunity?

Galaxy Digital (BRPHF)* $18.24

It is a good probability that Galaxy will attract buyers from these two presentations (posted below) are completed in the next two weeks. We will project that share bought under $18 will trade higher (not going to speculate how much) following these two events. Continue reading

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LOTM: Technical Notes: MKTY (Mechanical Tech) $7.85

Based of the indicators above, my conclusion is that MKTY shares are under accumulation. It maybe that there is even a “cap” placed on the shares around the $8.00 area to prevent the shares from rising as the accumulation process fills out building its potential position. This is institutional work, we are observing. Continue reading

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LOTM: We are Buying into Blockchain and Crypto Related Ideas

It appears to our chart reading eyes, that blockchain companies and crypto coins are now in a basing chart pattern. We suggest adding to or initiating positions in a number of positions to participate in this sector, at this time. Continue reading

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LOTM: Galaxy Digital Announces First Quarter 2021 Financial Results

  • Net comprehensive income grew to $860 million (from $325 million)
  • Assets Under Management (“AUM”) increased 58%
  • Counterparty loan originations grew over 510%
  • Erin Brown joins Executive Team as Chief Operating Officer
  • Galaxy Digital has agreed to acquire BitGo in a $1.2 Billion acquisition.
    Released May 17, 2021

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LOTM: Ten Under $10 for the Double – May 15, 2021

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LOTM: Five Stocks to Buy Now! 5th Idea of 5 – Foresight Autonomous (FRSX) $3.38

Foresight Autonomous (FRSX)* $3.38 is added to the LOTM: Ten Under $10 for the Double List.

Finviz Chart Continue reading

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Thoughts on MKTY $7.33

The shares are very thinly trading with no particular selling pressure – more a lack of buyers.
If you can look six months into the future with your buying and in particularly your sell goal, I will give you my opinion that MKTY is very reasonably priced. I hedge because the stock has so few shares available for trading that any price movement is possible. Continue reading

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