Home Artists Posts Import Register
The Offical Matrix Groupchat is online! >>CLICK HERE<<

Content

Hi team I bought a little position in HUT8 at about US$4.25 on Friday and I just went in and bought more of the open today. My average price now is about US$4.65. Ticker HUTMF.  Remember I feel that mining stocks are in a cut throat razor thin margin business.  However, I like HUT because of their mgt team and the fact that 25% of their balance sheet is Bitcoin.  I am playing the call option angle like I did with MSTR - so be careful out there. 

Files

HUT 8 MINING CORP (HUTMF) Stock Price, News, Quote & History - Yahoo Finance

Find the latest HUT 8 MINING CORP (HUTMF) stock quote, history, news and other vital information to help you with your stock trading and investing.

Comments

Anonymous

For some reason I'm not seeing for sale on Robinhood 🤔

Anonymous

Got in at CAD 5.40 dead myself on Friday

Anonymous

I bought today also at 4.75

Anonymous

Expanded my position this morning but fomo'd in a bit after my 4.75 order didn't get filled. Now at 4.69 avg price. The previous avg price was about 3.87. @investanswers there is a new one on my radar but haven't done any DD yet: HSSHF

InvestAnswers

nice move do they also hold BTC or ETH on their balance sheet? that is what is attractive to me as well as solid fundamentals. https://finance.yahoo.com/quote/HSSHF/profile?p=HSSHF nice gainers today

Anonymous

Thanks James for sharing! Just a suggestion for next time, if possible, to let us know in real time when you are opening or closing new positions. Thank you!

InvestAnswers

Hi Pierre, I am almost certain I told people I was getting a little HUT8 after my video - I always put my money where my mouth is aka real deal. However, my position is very small. It is literally less than 1% of the size of my TSLA or BTC position.

Anonymous

Thanks James! I did see your excellent video about the miners and Hut8 was the winner. I guess, hearing from you as you are placing the trades will be more powerful.

Anonymous

I too bought a small position at 4.23 to keep my Hive shares company.

Anonymous

I bought a small amount at $4.89 , will buy on dips moving forward.

Anonymous

Studied it a lot over the weekend. Was hoping to have more time to get in but here we go... Got a bit of Hut8. Every miner is launching.

Anonymous

This is a wonderful community and we are all trying to learn. I feel as though he’s the professor and we’re his students learning how to improve our investment skills. I watched the video on Friday. Based upon the quality of his body of work, I did brief, cursory due diligence on the name then opened a position in HUTMF that afternoon. This was my decision and was, and is, speculation in a volatile name in a volatile sector. Respectfully, as he says in every video, he’s not providing investment advice, only his thoughts on that particular topic. It’s for us individually to discern what to do—or not do—with that information.

Anonymous

Was bitfarms ever considered? Their hydro electricity is one of the cheapest. Hardware can always be swapped for better efficiency but power sources are practically static unless solar gets way more efficient. So far, their petahash ability is less than Hut8's though.

Anonymous

What service is everyone using? Hut8 isn't on Robinhood.

Anonymous

I have 3, Kraken, Binance, &amp; Coinbase. Late to the party in November &amp; had a KYC party with FOMO in full effect. Def not how I like to invest, but very pleased to have found this community through that journey!

Anonymous

Took a small position at open as well. Your assessments instill confidence.👍🏻

Anonymous

I bought some HUT &amp; RIOT stock when you talked about it the other day. Today I am up 20 &amp; 40% respectively. Good times.

Anonymous

Any chance you can link us to the mstr call option trade you did for reference. Thanks

InvestAnswers

Yes there are 3 videos. They were rough as I was just starting out on youtube so pls excuse production quality. Here they come.

Anonymous

This is a year old so not of much value but it does include both HUT8 and Bitfarm. https://elwoodam.com/wp-content/uploads/2020/02/Cryptocurrency-Miners.pdf

Anonymous

Really liked your technical analysis on hut - so far I am down though - fidelity has been slow at money transfer - the little bag I did buy was already at $6.36. Today at $6.28. So, wasn't patient enough to try to learn all the TA for entry at the best point but will be patient. Really seems like a good bet:).

Anonymous

Interestingly enough, I actually found out about you as I was looking into HUT8 myself! Someone pointed you out and here we are!