So, let' say your company is in BioTech - which is, if you ask me, a hot place to be these days - but its shares are trading at a mere $4.5.
What to do, what to do?
Got it: let's add some "blockchain" to the name, rebrand it as a fintech company and see what happens.
Well, this is what happens, according to this 5 days chart from nasdaq:
Company's stock went from $4.5 to a bit more than $9 in a couple of days and it's currently trading at $7.2. Not bad, for a company who decided to liquidate its biotech patents and focus on the crypto world.
Their first acquisition seems to be a Canadian exchange, with a daily volume of around $300.000, according to a material published by Bloomberg.
Oh, and the new name of the company? Just because "Bioptix" is so 2016, baby, let's call it "Riot Blockchain".
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
https://steemit.com/~witnesses
If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):
what a joke ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hahaha! :D The new name literally floored me with laughter :P The only names that are aloud to have Riot in their name are punk bands and nothing else, not even skating gear!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
JPMorganBlockChaseChain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
:)))
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol! Nice.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's hilarious, but I guess they are just using marketing very effectively. A bit grimy for sure.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
blockchain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fishing for upvotes using the word block chain, interesting. In the spirit of the article you succeeded, lmfao.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
+1 :))))
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's still early days, I think a lot of small companies will flirt with this possibility. Blockchain corner store :))
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"blockchain" should be added to bullshit bingo as well.
www.companyculture.com/502-bullshit-bingo/ (for those who've never played!)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The gullible fall for the same tricks they always did.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is really funny, so you are basically saying adding "blockchain" to a company's brand is a stock price doubler?..... Interesting>>>LOL
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I wonder if that would work for me......
Trev-the-blockchain-George....... that has a nice ring to it ;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
a-blockchain-solutely :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol..... i cant believe it :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And hence there will be a blockchain bubble and crypto world be hit badly by the ICOs. My opinion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How can I change my username from SirCork to SirBlockchain, do I have to open a ticket for that?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
blazing blockchain haha time to reach new height's
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thats Amazing
Blockchain is a new life booster for breathing companies
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post..changing the name could bring such a difference ..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
blockchain
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit