this is the only publically traded bitcoin miner. already 111 bitcoins mines in past few weeks. 100 servers mining. next order to be confirmed in next PR. company has already announced plans for 1800 miners, representing a significant % of all bitcoin mining. if you want exposure to bitcoin and don't feel comfortable opening a digital wallet, MELY is your 'buy and hold' for that spec portion of your retirement account
do you own DD. I posted here because there are a lot of smart people here.
there are about 6 million shares sold short right now. Today's volume was 1.6 million. The problem is, if you don't cover your shorts right now, you will see fresh buyers coming in after hours and tomorrow with the interview tonight. Plenty of upside here, back up into the $80's pretty quick
Somehow I knew news was coming to accompany this technical news, and now we have a GS updrade of BAC to Buy. they were the ones accumulating all those options....
A cup with handle, continuation pattern is setting up on the daily chart. A Neckline will be established at $18. Could be tested this week or early next week. If you traders watched the huge call buying that took place on Thursday and Friday at the $16.50 and $17 strikes, this move is being anticipated. That was some very large money predicting this week. A similar move occurred in early September of 2012, when BAC opened the week at $8 and ran to $8.80, a 10% move, which was also predicted by the options market just a few days prior. I'm sure 'they' will find some news to wrap around this technical move, of course they have to explain it with news, but this is going north of $17.30 this week, that is what the charts and options market is telling us.
Bull flag on the hourly chart has run it's course, setting up some bullish divergence on the MACD histograms. this was a corrective wave, it is obvious by the overlapping wave structure, following the impulse wave from 8/15 - 8/26. BAC forward P/E is under 11. She is going higher this week. congrats to those call buyers end of last week. they will get expensive Monday morning.
bikes, boats. are you starting to get the picture. these people putting a $100 price target aren't even factoring this in. how about MBLY for autonomous wheelchairs? japan and u.s. full of aging population. Longs see the picture here and will not be sellers for a very long time. Get some MBLY and keep adding on every dip.
AMZN 534 PE
NFLX 179 PE
GoPro 6.8 Billion market cap No Earnings
NFLX 180 PE
YELP 6 Billion market cap. No earnings
TSLA 35 billion market cap No earnings
FB 99 PE
TWTR 31 Billion market cap No earnings
Yeah, this market is going higher..........
MELY is interesting, as they are mining about 3 bitcoins per day at current hash rate. I'd say only .0001 % of traders can wrap their head around this. early investors in MELY will take home a 100 bagger over the next year.
the chart says it is coming. another test of the 50 day sma. long weekend. perfect time to release the news. the chart is predicting this. I am adding tomorrow and I think most of you will be too. Anyone really willing to risk not adding with a 3 day weekend and MELY at this cheap of a price? MELY price risk is now to the upside. 50 sma is comfortably above the 200 sma, and a violent surge in price is needed to maintain this relationship. It is coming
sub penny bringing in about $1200 per day in bitcoin, mining with 100 servers. expanding to 1800 servers. news out today, $15 million financing, no dillution
pretty clear from the pattern where price was headed. Risk is to the upside now. I don't anticipate being able to buy lower than this. looking to accumulate 1% here
hardly anybody knows about bitcoin, or the mining process. this is the ground floor here. incredible, the gains that will be made in MELY
very short term trend is up, back to the 50 day sma. 1912 was the level to buy. SPX futures tagged it several times. big green day tomorrow. sell and collect profits on your SPY calls and VXX puts bought today. no brainer
The only publically traded company operating a bitcoin mining pool. 100 servers online now. Expanding up to 1800 servers this year. do your own DD. MELY will make early investors very rich, as the price of bitcoin will be $100,000 by 2016. 99.9% of investors will miss this opportunity. AAPL should acquire MELY asap