OSTK Overstock.com as the best Crypto play

Discussion in 'Stocks' started by eesnz, Apr 3, 2018.

  1. eesnz

    eesnz

    So OSTK is a big controversy right now. There are articles for:

    https://seekingalpha.com/article/4140678-tzero-ico-make-overstock-wall-street-favorite

    and against:

    https://seekingalpha.com/article/4160625-overstock-com-epic-short-opportunity

    My opinion is that the tZERO ICO is going to do well and the stock will go up to the 120 / 150 level if any of the Crypto scenarios play out as I'm thinking. For example look how IBM is getting into 'regulated coin' space, this is all just in the works it will take years to play out:

    http://bloc10.com/ibm-is-finally-getting-serious-about-cryptocurrency/

    Right now, OSTK happens to be the only one with an approved / regulated platform for Crypto securities. So hence the long bias.

    Anyone who is long or short OSTK or has other info regarding this let's discuss openly.
     
  2. Cuddles

    Cuddles

    Long in ostk here... May have stopped out after sell off (gotta check IRA). Pure crypto play on my part... Wasn't aware of an ico tied to them though?
     
  3. I called it a joke as it levitated to the 80's

    what's it now?
     
  4. S2007S

    S2007S

    Wouldn't touch overstock......this is a basic online company that sells basic consumer products getting into cryptocurrency for the hype. That's it ...
     
  5. zdreg

    zdreg

    how did you come to this conclusion?
     
  6. vanzandt

    vanzandt

    7 year low today.
    BTFD?
     
  7. If someone fluked out and bought PUTs beginning 2018, 1 year expiry... They would of got paiddddd
     
  8. zdreg

    zdreg

    what is the opposite acronym of BTFD?
     
  9. vanzandt

    vanzandt

    GTFO
     
    Stockolio likes this.
  10. zdreg

    zdreg

    You are the master of acronyms. Next step is to master market movements.
     
    #10     May 20, 2019