We should make a list of X-mas stocking stuffers... Go Pro- Is one and Sonus is one... Sonos CEO Patrick Spence recently told Yahoo Finance demand is so strong right now, it has brought his business to a key inflection point. The way the holiday season is shaping up for smart home players, Spence’s business may already be beyond that inflection point.
I like the chart of Go Pro it can go up 30% from here. Recent $100 mln new debt is a concern. I think someone is going to buy Sonos...
Time to go to the farmers market and think about all of this. If TA goes up another $2 it will be a 52 week high b/o. Even if Fridays jobs number is apocalyptic gas is still cheap and all these fools have Winnebagos now they have to go places. Truck drivers are out there trucking.. if you do travel it's US only... Christmas time means lots of travel...
I had on my morning list yesterday and got distracted with other trades and missed early entry. Normally don't do that. Ended up getting in at $7.30
I would not suggest mining bitcoin now, Van. The bitcoin mining difficulty is ridiculously high because the bitcoin network hash is very high which keeps going higher as more bitcoin miners join because the bitcoin price is very high. It's a perpetual self-feeding loop. If the bitcoin price goes down 90% in a short time, then the bitcoin mining difficulty will go down because the value of the bitcoin rewards to the miners have fallen by 90% which means the $ cost of mining will be higher than the $ cost of maintaining your mining operations (mostly electricity, but if for bigger farms, maybe some employee costs land/rental costs, etc). So, as a bitcoin miner, you're doomed as the price goes up, and you're doomed if the price goes down. I was bitcoin mining in 2013/14, and it's not quite plug in and leave it. We had 2 S1 miners, each one produced 450 Million hashes per second out of the box from Bitmain's factory, but if you went on reddit/bitcointalk you can tweak and overclock them. You have to get fan rigs from ebay that custom fit over the many ASIC chips, but you have to take the hardware apart, it's very easy but if you make a mistake like dropping stuff in a bath tub full of water, you just lost a miner that cost you 1.9 btc (yea, that stupid thing cost that much, lol, but don't worry it equated to less than $1500 as bitcoin was much lower in price, can't remember exact numbers since I bought 1 first then bought the 2nd one after a month or something). So, back to overclocking, you can easily get 500M hashes per second after overclocking. Some posts talked about undervolting the chips to save on electricity costs but it's more of an art than science, can't remember much but I think replacing capacitors and using lead pencils, but all of these require meticulous testing or if you're lazy like me and eager to be always mining every minute, you just tweaked a couple of times and leave the miners mining 24/7 Brings back lots of memories, lol. We're not done, you have to constantly monitor the hashrates of your setup on the bitcoin pool's dashboard for your account that list the miners, sometimes a miner will crash and you have to reboot it, or the hash rate drops so low and you don't know why. Then there's the heat. Boy oh boy, is there a lot of heat. It's great in the winter, but in the summer, you have to buy huge fans from Walmart and open up the windows to try to push all that heat out. Wife was a great sport, lol, but we could not have guests during the summer as these things were there in the living room producing all that heat. I can go on and on, coz there were these sha256 coins that would launch that if you got in early, you would get tons of coins in rewards, and sometimes you could dump them for btc, woohoo and then mining pools started where it will switch the pool's hash based on what coin is profitable and automatically exchange them for btc and that's what you would get in your account. Anyway, I gotta stop, bottom line, our monthly electricity bill was over $250 and I just threw them in electronics waste after a few months even though they were selling for several hundred $ on ebay, I didn't want to go through the troubles and me knowing there was no more value to the buyer in mining using the S1 hardware as much much faster miners have come out. I'm looking at the picture you have there of the description of that miner, that thing produces 110 Trillion hashes per second??? All the mining efforts during those times paid off, I made more btc's than I paid for the miners and learned a ton in the process that helped me to mine other coins in the future, however, bitcoin went into the bear market 2014-2016, why mine when you could buy 1 btc for about $300-$600 much quicker using credit cards from the likes of Circle or Virwox (now you can't).? Don't mine bitcoin, Van. Maybe other coins are mineable and then trade for bitcoin, DGB, LTC, Groestelcoin, etc. IF you want to learn stuff, then it's ok for fun and knowledge https://blockgeeks.com/guides/bitcoin-mining-difficulty/
I just asked around the Green Market and no one would take Bitcoin. Interestingly quite a few did not want to take cash either! Although when foisted they relented. Super fucking sad news. The Christmas Tree guys, those hearty souls who trek down from Canada and VT every year and set up 24 hrs on the Avenue.. they are not here... a last stab in the heart from Covid. What a bummer. Crazy one here-- Tredegar declares special dividend of $5.97 per share 16:05 TG Tredegar announced that its board of directors has declared a special dividend of $200M or $5.97 per share on the company's common stock. The Special Dividend is payable on December 18, 2020 to shareholders of record at the close of business on December 11, 2020. What a gambit-- it worked-! Tredegar rises 28.9% 12:00 TG Tredegar is up 28.9%, or $4.79 to $21.39. A) Can they afford to pay everyone! B) who the heck is Tredegar.... C) Couldn't you devise an Put option that would take into account a huge selloff right after the dividend is paid? That's a crazy big dividend-- This co has no internet vids on youtube. Description Tredegar Corporation, through its subsidiaries, manufactures and sells polyethylene (PE) plastic films, polyester films, and aluminum extrusions worldwide. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. WATCH:KushCo Holdings, Inc. (KSHB) Other OTC - Other OTC Delayed Price. Currency in USD up 10%
WATCH: Shift Technologies, Inc. (SFT) 8.98+0.28 (+3.28%)<-- Impressive trading action today 8.40- 9.40. This want to go higher you can tell.... Van?
When the market was down I saw good RS out of SFT that was an opportunity to sell off.... WATCH BCRX... I thought they had an FDA meeting this week... We own this....