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Topic | Stock Topic 22 |
Lopen 02/18/21 12:36:07 PM #79: | So I'll say I'm not bearish on it but I just don't see a lot of lucrative market for it. What it basically sounds like is Survey Monkey (which I already feel is overvalued at 3.3b) with less of a footprint in the market place and a crypto gimmick, but like wanting to make shares of your stock a cryptocurrency and it being a credible and usable one are totally different things. Crypto algorithms aren't exactly simple, you know? Getting the world at large to accept your currency isn't exactly simple either. There's a reason BTC is worth so much more than other cryptos. Like if I was putting substantial money on something I thought could double+ I'd go with dozens and dozens of penny stocks before it. To say nothing of non pennies. It'll probably go up from here because you're buying shares of a defunct company so anything is better than that, but I don't think there's a ton of value and it's definitely not something I'd feel safe putting a lot of money in. And I'm not one to shy away from cheap stocks. I have about 4k in DNN, ATHX, TRVN, and AVCTW each. --- No problem! This is a cute and pop genocide of love! ... Copied to Clipboard! |
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