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

in #stocks3 years ago

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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

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