bitcoin, page-104

I don't hold any MEJ. Just accidentally ticked wrong box.

I am not optimistic about valuation of Bitcoin relied stock including MEJ. My option won't influence sp, but I hope my view might provide some usefullness.

Some Technologies will make huge money, google, amazon, Facebook, eBay. Common things these companies are the market leader in its sector, they can either make profit from advertising or trading. Lots of small companies coming and gone.

Fundamentally, Bitcoin is just virtual currency, IMO, is sames as virtue game account with high score which can sell for real money, but its intrinsic value might fade way when paticipats are not frenzy about it.

Currently, MEJ market cap is around $73m considering the deal going through. For a speci stock, over $50m is high risk. Similarly, SMA sp movement could be a mirror.

Friday, when MEJ was around 4.5-5.2c, I though there was slow accumulation and guess would push above to 6c at least(I posted few on day trade thread). That's just based trade swing. Buy back, most time is not profitable for a hot stock.