- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 7/13/21 at 2:36 pm to AUHighPlainsDrifter
Eh, Binance US has the former head of the OCC and they're in deep shite already 
From an interest-offering standpoint, the way I learned it was if you are a bank under banking regulators, you are exempt, but otherwise you're a security. SOME public body has to be auditing you and ensuring you're mitigating risks and not cooking the books. Even with regulation the banks and securities firms still mess up badly. Celsius and Nexo and Voyager and all these companies could do a lot of damage if institutional money gets involved and they have security lapses or flop.
From an interest-offering standpoint, the way I learned it was if you are a bank under banking regulators, you are exempt, but otherwise you're a security. SOME public body has to be auditing you and ensuring you're mitigating risks and not cooking the books. Even with regulation the banks and securities firms still mess up badly. Celsius and Nexo and Voyager and all these companies could do a lot of damage if institutional money gets involved and they have security lapses or flop.
This post was edited on 7/13/21 at 2:37 pm
Posted on 7/13/21 at 2:54 pm to FOHNewb
I appreciate the insight. Let me know if you find any more info about it. I'm not holding any shares right now, but have been planning to get back into it.
Posted on 7/13/21 at 3:01 pm to AUHighPlainsDrifter
I bought this stock a few months ago when it was at $20, saw it rise pretty darn close to $30 and then just absolutely tank when the crypto market tanked and just sorta trade sideways for the last 6 weeks. To be honest I can't figure it out; revenues seem to be record-breaking each time they're released but the stock just seems to be a dud. Volume is really low also which I think keeps it from doing much of anything.
Posted on 7/13/21 at 3:39 pm to NEMizzou
quote:
To be honest I can't figure it out;
It's because many people associate it to Bitcoin in their minds...compare the BTC chart with the VYVGF chart for April and you can see the similarities. It shouldn't be viewed that way since Voyager is a brokerage. BTC volatility is great for Voyager since they make money on trades. Once they're on the TSX they will have to start filing quarterly reports and then investors will start to see its real value.
Posted on 7/13/21 at 3:59 pm to AUHighPlainsDrifter
I'm holding right now with 1800 shares at 17.7 so when the price went down today to 15 I added to my account because the stock looks too darn good from a new subscriber sign-up standpoint to stay at this level but then again what do I know--could be another one of my loss leaders.
Posted on 7/13/21 at 6:13 pm to NEMizzou
quote:
I bought this stock a few months ago when it was at $20, saw it rise pretty darn close to $30 and then just absolutely tank when the crypto market tanked and just sorta trade sideways for the last 6 weeks. To be honest I can't figure it out; revenues seem to be record-breaking each time they're released but the stock just seems to be a dud. Volume is really low also which I think keeps it from doing much of anything.
Almost the exact same experience here. I cut this thing loose on Monday to buy more Standard Lithium. I'll get back in this stock when it actually picks up some momentum again. It's not a bad load zone at all in this range, though.
Posted on 7/15/21 at 11:18 am to playmakers in space
Well that was a bloody mess of an investment. Got out at 12.90 as this stock further drops for a nice -25% return. Ouch now need to find a new stock to make up for the losses incurred from this thing. At least I got out before it goes back down to 6.
Posted on 7/15/21 at 12:05 pm to MrLSU
quote:
Well that was a bloody mess of an investment.
I feel you, I didnt lose 25%, but I have learned some painful painful lessons over last few months Posted on 7/15/21 at 4:49 pm to tigerfoot
Posted on 7/15/21 at 5:15 pm to tigerfoot
Down 45%..... I really need to work some OT
Posted on 7/15/21 at 6:15 pm to playmakers in space
quote:
most the exact same experience here. I cut this thing loose on Monday to buy more Standard Lithium. I'll get back in this stock when it actually picks up some momentum again. It's not a bad load zone at all in this range, though.
Exact same here. I was in at $19, sold at $16 to buy more STDLH and very glad I did. I probably didn’t have anywhere close to the amount of shares that you both did, but it was enough that I’d rather put it somewhere solid than watch it evaporate.
Posted on 7/15/21 at 7:26 pm to AUHighPlainsDrifter
Well looks like its hit rock bottom based on this quarterly revenue announcement which means this should fly high tomorrow so at least I'll get some money back tomorrow.
Posted on 7/15/21 at 7:42 pm to MrLSU
Ehhhhh this thing is connected at the hip with btc.... it may go up a few bucks in my opinion. If btc stays down, so will it unfortunately. Fundamentals are out the window
Posted on 7/15/21 at 8:02 pm to sonoma8
Added 110 shares to average down today. 
Posted on 7/16/21 at 7:49 am to sonoma8
Don't disagree but I'll gladly take a 2 dollar swing north after that disaster yesterday.
Posted on 7/16/21 at 9:02 am to MrLSU
Well that's just a tad underwhelming.
Posted on 7/16/21 at 9:36 am to MrLSU
That was quick took a rather large loss.... lessons learned in the game
took a rather large loss.... lessons learned in the gamePosted on 7/16/21 at 9:49 am to sonoma8
I dumped it when it went to 12.30 and saw it moving back downward with no upward support. At least I made something back though.
Posted on 7/16/21 at 12:07 pm to MrLSU
i'm still bag holding over here...
i agree that it's tied to BTC but i'm sitting here wondering how much longer i should wait for BTC to go up so this will go up or if i should just cut my losses.
i agree that it's tied to BTC but i'm sitting here wondering how much longer i should wait for BTC to go up so this will go up or if i should just cut my losses.
Page 13 of 19
Back to top
Follow TigerDroppings for LSU Football News