Ideas For Now-

Stoney... buy the January $7.50 calls on RIOT for $2 at the bell.

Gummy of the day!
Double your money!

It would be like that stupid CRSR going to $75 today. :D
 
Bitcoin down 588 but 588 what. Coins. Dollars. Can't be dollars. What are they actually down?

Big time investers who invest in Bitcoin always reference that only so and so amount of coins will ever be produced. Says Who. Herruki someone? I've heard it's a mysterious Sake drinking dude up in the mountains of Japan... He's the master banker or something... But where is that no more coinage set in stone. I envision Bitcoin getting so popular and so expensive it will have to split thus creating 2X the amount of coin but maybe never actually minting one. But do the mint? No they create through the cloud using energy and bit farms>? Hummmm
 
I think this is a first- an upgrade before the sk trades!

DoorDash initiated with a Buy at DA Davidson 08:17 DASH DA Davidson analyst Tom White initiated coverage of DoorDash with a Buy rating and $93 price target ahead of its IPO debut next week. The analyst is positive on the company's "leading" market position in U.S. online food delivery, its "strong" recent market share gains, and its better than expected profitability trends. White also points to DoorDash's "attractive" adjacent opportunities in grocery/retail delivery and logistics solutions, which he expects to outweigh the near-term risks around the likely slowing of growth in a post-COVID vaccine world.
 
vanzandt said:
Hey stoney does make a good point about a major hack. I don't know how that would work, or if its even possible, but it would mess things up.
More...

I suppose anything's possible but no one's been able to hack bitcoin for over 10 years :D There are billions of $ reward for any hackers that can successfully do that. About 1 million bitcoins belong to Satoshi's wallets that have been dormant and the private keys may have been destroyed by Satoshi himself so they are lost forever. There are millions more bitcoins of people who lost their private keys somehow (i.e. failed hard drives or old computer thrown away by mistake or deceased before passing the info to others).

No one is able to make bitcoins disappear in anyone's wallet. There's no kill switch. It's an open-source software, the full source code is on github for anyone to study. It's decentralized.

There are no bitcoins in anyone's wallets, it's just easier to describe it like that. The wallets contain private keys. The bitcoins are entries on the blockchain, the public ledger that is distributed to over 10,000 nodes on the internet.

Anyone can have a copy of the blockchain and become a full node if running the proper software (i.e. I run bitcoin core wallet and have a copy of the full blockchain 360+ GB).

In order to transfer (send) a bitcoin (or fraction of a bitcoin) from one address to another, the corresponding private key needs to sign the transaction and broadcast to the bitcoin network. This is all magically automated by the bitcoin wallet you use.

Quantum computers, when they come out, may be possible to break the bitcoin private keys as well as most of our encryption algos being used now in banking, stock market, etc.

The rabbit hole runs deep but there's tons of info out there on bitcoin. The whitepaper is a doozy, I've read it, more like skimmed through it, unable to understand most of it. https://www.bitcoin.com/bitcoin.pdf

The mathematics of bitcoin private keys

 
Float on RIOT is about 50M shares.
As of 11/24 there were 10M short.
There's no friggin way this thing is not gonna squeeze today.
It's down premarket though.

I say $7.99 is a great long here. Use a tight stop though.
 
ADDING XPO LOGISTICS TO THE IDEAS FOR NOW PORTFOLIO--

XPO Logistics price target raised to $136 from $115 at Deutsche Bank 07:19 XPO Deutsche Bank analyst Amit Mehrotra raised the firm's price target on XPO Logistics to $136 from $115 and keeps a Buy rating on the shares. The analyst says his "long-held bullish stance on Transportation equities continues unabated in 2021." Mehrotra is optimistic that earnings power can be well ahead of expectations, reflecting the "positive inflection" in the U.S. industrial economy, housing demand, inventory restocking, and release of pent-up consumer demand.
 
stonedinvestor said:
ADDING XPO LOGISTICS TO THE IDEAS FOR NOW PORTFOLIO--

XPO Logistics price target raised to $136 from $115 at Deutsche Bank 07:19 XPO Deutsche Bank analyst Amit Mehrotra raised the firm's price target on XPO Logistics to $136 from $115 and keeps a Buy rating on the shares. The analyst says his "long-held bullish stance on Transportation equities continues unabated in 2021." Mehrotra is optimistic that earnings power can be well ahead of expectations, reflecting the "positive inflection" in the U.S. industrial economy, housing demand, inventory restocking, and release of pent-up consumer demand.
More...
Booooooring.

Do they ship Smucker's products?

:cool:

Get on the RIOT train Stoney.
It's the next Kodak.
$50 here we come!

Bring in Robinhood and his Merrymen.
 
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