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The stock RIOT. Easy money if you are patient.

Posted on 12/9/21 at 7:33 pm
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 7:33 pm
Okay, I’ve done this several times and I have benefited greatly each time.

Today RIOT fell to 26 bucks. This is when I buy it. Sometimes it drops a bit, but usually this is where it sits.

Buy it and wait. It will get to the mid 30s and this last go around got to the mid 40s. I always sell at 36 dollars. I’ve done it 3x this year. It’s worked every time.

It is tied to BTC. As BTC goes, RIOT goes. Like I said, this will be my 4x doing this, 10 bucks a share each time.
Posted by mjthe
Virginia
Member since Oct 2020
6870 posts
Posted on 12/9/21 at 7:37 pm to
Are you sure?
Posted by Pendulum
Member since Jan 2009
7046 posts
Posted on 12/9/21 at 7:39 pm to
Is there a company? Or just a chart?
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 7:40 pm to
The company is RIOT. They do shot with BTC. Go check out the chart for the last 6-9 months and you will see exactly what I am talking about.

LINK /
This post was edited on 12/9/21 at 7:53 pm
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 7:43 pm to
Sometimes it pops in a day or 15 days. It’s jumped WAY up before but I sell at 36. The chart will show you exactly what I am telling you. Just be patient.
Posted by castorinho
13623 posts
Member since Nov 2010
82019 posts
Posted on 12/9/21 at 7:55 pm to
What you're saying is RIOT has become predictable
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 12/9/21 at 7:57 pm to
quote:

. Like I said, this will be my 4x doing this, 10 bucks a share each time
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 8:00 pm to
I dunno what’s funny about making 1/3 profit 4x over the course of a year just by being patient and not chasing. Buy at 26, sell at 36, or don’t.
Posted by LSUcam7
FL
Member since Sep 2016
7904 posts
Posted on 12/9/21 at 8:04 pm to
quote:

castorinho


Threadworthy!
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/9/21 at 8:30 pm to
Riot has become predictable.

RIOT HAS BECOME PREDICTABLE
Posted by Pendulum
Member since Jan 2009
7046 posts
Posted on 12/9/21 at 8:39 pm to
They do shite with bitcoin eh? I can't help but think this thread is an indicator of sorts.
Posted by deltaland
Member since Mar 2011
90582 posts
Posted on 12/9/21 at 9:00 pm to
If I buy in I’ll guarantee that it only goes down
Posted by supadave3
Houston, TX
Member since Dec 2005
30250 posts
Posted on 12/9/21 at 9:06 pm to
I was doing this with MVIS but it’s been staying low and getting lower for about 6 months now. I’ve bought more to bring down my average but that thing needs to spike back to $20.

Anyway, I just bought a few RIOT. Let’s see what happens
Posted by HogBalls
Member since Nov 2014
8589 posts
Posted on 12/9/21 at 9:28 pm to
I’ll play baw. I’m gonna see if it drops anymore tomorrow then pick up 20 to see how it goes.
Posted by aubie101
Russia
Member since Nov 2010
3090 posts
Posted on 12/9/21 at 9:33 pm to
Gonna give it go. Recent history shows some consistency within that range.
Posted by Zapps
Member since Feb 2021
25 posts
Posted on 12/9/21 at 9:39 pm to
This is the same company that was trading at $936 a share selling veterinary drugs and medical technology in 2003, then for the next 15 years bled out all the way down to $3 a share bc they would dilute and pay themselves large bonuses.

They added the word blockchain to their name in 2017 and the stock price jumped so they are now mining.

Don’t trust this company. Their are other btc mining companies with actual competent management that rise a lot more with the price of btc.



Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/9/21 at 9:45 pm to
quote:

veterinary drugs
paging AT
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 9:51 pm to
quote:

They do shite with bitcoin eh? I can't help but think this thread is an indicator of sorts.


They are a Bitcoin mining company. Last quarter they exceeded their projected profits. Of course as BTC goes up, if bodes well for RIOT.
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 9:52 pm to
quote:

Their are other btc mining companies with actual competent management that rise a lot more with the price of btc.


Links please.
Posted by touchdownjeebus
Member since Sep 2010
24833 posts
Posted on 12/9/21 at 9:52 pm to
quote:

paging AT


frick no, lol. I need another 10 dollar swing to make up for the MVIS and ZOM losses.
This post was edited on 12/9/21 at 9:53 pm
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