So OSTK is a big controversy right now. There are articles for:
https://seekingalpha.com/article/4140678-tzero-ico-make-overstock-wall-street-favorite
and against:
https://seekingalpha.com/article/4160625-overstock-com-epic-short-opportunity
My opinion is that the tZERO ICO is going to do well and the stock will go up to the 120 / 150 level if any of the Crypto scenarios play out as I'm thinking. For example look how IBM is getting into 'regulated coin' space, this is all just in the works it will take years to play out:
http://bloc10.com/ibm-is-finally-getting-serious-about-cryptocurrency/
Right now, OSTK happens to be the only one with an approved / regulated platform for Crypto securities. So hence the long bias.
Anyone who is long or short OSTK or has other info regarding this let's discuss openly.
https://seekingalpha.com/article/4140678-tzero-ico-make-overstock-wall-street-favorite
and against:
https://seekingalpha.com/article/4160625-overstock-com-epic-short-opportunity
My opinion is that the tZERO ICO is going to do well and the stock will go up to the 120 / 150 level if any of the Crypto scenarios play out as I'm thinking. For example look how IBM is getting into 'regulated coin' space, this is all just in the works it will take years to play out:
http://bloc10.com/ibm-is-finally-getting-serious-about-cryptocurrency/
Right now, OSTK happens to be the only one with an approved / regulated platform for Crypto securities. So hence the long bias.
Anyone who is long or short OSTK or has other info regarding this let's discuss openly.