Let's Make Money - Stock to Watch - Hut8 (HUT) - Not Looking Good

in stocks •  3 years ago 

a.png

My HUT position is not doing well.

HUT is forming lower highs and lower lows which is the opposite of Bitcoin.

I continue to write covered calls but I don't get why it is not trending like Bitcoin.

I still believe in this company.

POSITIVES
Earnings are forecast to grow 123.94% per year

NEGATIVES
Volatile share price over the past 3 months
Shareholders have been diluted in the past year

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!