hmmmm

look at all that COIN insider selling. I removed my measly buy at $250 phuck that shiit.

https://aleks.cmlviz.com/stocks/COIN/holders

$5 billion worth of COIN was sold off.

If you were confident in your product why are you dumping it?

meanwhile Cathie/ARK is buying all those bags. ARK exposure is now $500 million

When you put it that way makes sense.

These guys at COIN didn't wait long right away started selling.

What IPOs have gone through recently where by the time retail got their hands on it, the price wasn't heavily inflated?

Well yea, I mean to say non SPAC ipos lol

Don't need to be an accredited investor for SPACs (for now)

coin is massively overvalued and overhyped imo.

i dont see the point in even owning COIN, when you could just own bitcoin. crypto and anything crypto related always move together

same as gold/silver and their miners. doesn't make sense to own both

coin is massively overvalued and overhyped imo.

i dont see the point in even owning COIN, when you could just own bitcoin. crypto and anything crypto related always move together

same as gold/silver and their miners. doesn't make sense to own both

A bunch of alt-coins have been making some big gains lately, BTC is barely moving.

During Doge season, Doge multiplies and BTC stays steady.

Owning COIN is almost like owning all crypto.



Doge is the Doge of Cryptopoli right now lol.

Probably because of how much money they bring in, the cost per share/potential returns compared to crypto, and their long term potential. You really don’t think they will become a stock brokerage in the near future?

Not sure how you are seeing it as overvalued. Under $350 is a buy for long term holding.

When you put it that way makes sense.

These guys at COIN didn't wait long right away started selling.

This. If you use coinbase/pro on a regular basis....just take a look at the fees attached. They are ridonkulous.

However, this makes me wonder about COIN longer term. If someone comes in and has a reputable trading platform with lower/cheap as doge fees, then COIN is going to run into some trouble.

clov a short squeeze candidate. Something to keep an eye on. srs.

PLTR to the moooon

Take that to the PLTR thread

its doge season...

Looks like citadel was really really really busy all through the night.

Like more people on their top 6 floors at 2am then the entire building Monday 7am busy.

Wonder why gensler got confirmed Saturday instead of Monday.

Take that to the PLTR thread

its doge season...

Should be an interesting week for GME.

It's sitting at the apex of a massive wedge. IDK where tf it goes from here but hopefully $500

So most people post there degen plays in this thread but what does your long-term portfolio look like? I'm a Biotech brah and prefer to just invest in things I know so I have some AMD, Thermofisher, Charles Rivers, and Idexx as my long-term holds. Not to diversified but those companies aren't going anywhere.

Pretty much my longer term is oil and gas, all this spac and overbought stuff tech and fin tech stuff will fizzle out soon

I've read daily about it for the past several weeks.

Basically a powerhouse team with renowned experts. Used a soil analysis study completed years ago for millions of dollars, sent it to a leading expert in Houston who said there has never been a basin this deep without substantial amounts of oil. Conservative estimate they did if the huge land that they rented(12% of land has oil) is 120 billion barrels of oil making it one if not the biggest basin ever discovered on earth. The initial drilling results from well 1 confirmed 660 feet of oil & natural gas indicators over three discrete intervals. Their estimate was 400ft but discovered 660ft.

They are just in a discovery phase so no fracking and hopefully no fracking ever needed for the basin. Not all the resources are recoverable and who knows if some of it even will be. This would put a conservative price range for the stock at around $100-$200 with wild estimates(should they discover a huge amount that's recoverable) of up to a $1000. They need to complete the two other wells before they can create a map of the basin.

Now this is a highly speculative play like you mentioned but Namibian government has a 10% stake in it no strings attached with the possibility of investing more should the pieces fall in place.

There's a lot of misinformation about them doing fracking, un-environmental disposing of byproducts, kicking out the indigenous people etc. but if you look at the videos they've put on their website and interviews done with the management, this is not the case at all.

The way I see it, is if you have some cash to gamble with, throw a couple of grand or more into it and if you get lucky and the discovery is as huge as the management anticipates, your 2k would turn to 200k or more. I only dropped what I can comfortably lose and not cry over on the off-chance that the stars align and it'll print 7 figures.

The current price should be $10 according to some analysts.

If you do decide to join the lottery where either everyone wins or everyone loses, I'd wait a bit as the price is most likely going to drop. 100% increase in two days is not sustainable in any way.

On reddit.com/r/reconafrica you can see all sorts of estimate calculators and a deeper look into what the business is about but this is nothing like EEENF that got pumped and dumped recently.

https://www.bloomberg.com/press-rele...-could-be-here

Bill Cathey, President and Chief Geoscientist of Earthfield Technology is
known as the "geological interpreter to the supergiants," as he has consulted
for every oil and gas major and large independent in the business. Here's what
he had to say about the Kavango Basin:

"Not only was the data on the basin some of the best he had ever seen...
nowhere in the world is there a sedimentary basin of this depth that has ever
failed to produce commercial quantities of hydrocarbons. "

And Cathey is not the only expert to have weighed in on the potential for
Reconnaissance Energy Africa ( RECO .V; RECAF ).