| Author | Message | ||
     Kodibochu Yavvanam Kaatesina Bewarse Username: Kodibochu Post Number: 6349 Registered: 04-2019 Rating: N/A |
I am Buying More of This Badly Beaten Stock I have about 10 stocks that are in my ten year hold. One of those stocks have taken a big beating over the past 2 months. However, I think this stock has bottomed and it is ready to move much higher. That stock? Marathon Digital Holdings (MARA). Usually I like to talk about stocks hitting new highs. These stocks offer some nice short term gains. However, finding stocks at a great discount is the opportunity to make such gains. Simply look at GameStop and AMC. Now, I think the price of Bitcoin has hit a bottom and will begin to move significantly higher. This will send bitcoin mining stocks much higher. My number bitcoin mining choice if Marathon. I like Marathon because it is based in North America, their long-term energy control, their over 200,000 ant miner capability and large number of Bitcoin on their books. This is a long-term hold for me so I am not concerned by price target. However, I know some art interested. Therefore, I think that a $100 price target is not out of the realm of possibilities for the end of the year. |