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re: Voyager - VYGVF Due Diligence

Posted on 7/16/21 at 1:23 pm to
Posted by NEMizzou
Columbia MO
Member since Nov 2013
1369 posts
Posted on 7/16/21 at 1:23 pm to
quote:

i'm still bag holding over here...


At this point I don't think it has much more momentum downward but for the record, a week ago I thought that at $16 I don't know that I believe in the stock at all, but I do believe in the company and the app so hopefully the stock will prove me wrong at some point.
Posted by sonoma8
Member since Oct 2006
7663 posts
Posted on 7/21/21 at 1:05 pm to
FML
Posted by NoMercy
Member since Feb 2007
2706 posts
Posted on 7/21/21 at 1:09 pm to
Yea I was never selling this at these price levels. Only adding to average down. At some point the price for the business measurables are just too good to risk playing games. This company is printing cash as the volatility actually makes them money as a brokerage. They do not lose value with dropping BTC prices like a miner. They have way too of catalysts in their future to risks play the drop and hope to buy back lower game.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11338 posts
Posted on 7/26/21 at 7:57 am to
let's see if it pops big like BTC is... it still looks like a direct correlation
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 7/26/21 at 1:27 pm to
quote:

it still looks like a direct correlation


Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10382 posts
Posted on 8/23/21 at 8:30 am to
Uplisting in Canada approved. The NASDAQ is supposedly Q1 2022 according to a previously released road map.

Posted by go ta hell ole miss
Member since Jan 2007
13612 posts
Posted on 8/23/21 at 9:06 am to
quote:

let's see if it pops big like BTC is... it still looks like a direct correlation


I think we have the answer to this now.

I bought high and sold low in the last spike. Just decided to put what was left into ETH and BTC. I hope you all make money on Voyager, but there is no correlation with BTC.
Posted by Rob Perillo
St. Landry Parish
Member since Feb 2017
380 posts
Posted on 10/15/21 at 9:21 am to
Anyone got news on this thing? Even with crypto coming back close to the highs from early this year, we've only been heading the other direction. I would hate to do it, but currently down about 50% on this one and considering cutting the loss and redeploying the funds elsewhere.

Whats it gonna take to get VYGVF back on track?
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 10/15/21 at 4:51 pm to
It’s completely detached from reality. Their assets are 3x their market cap lmao. 50 and 30% margins in the last two quarters and they hold 12k Bitcoin as a company. 4th behind micro strategy, square, and galaxy digital.

frick I can’t figure it out for the life of me. Shorts got it and with minimal volume just keep chipping. I added another 550 shares this week. Need nasdaq uplisting at this point or a stock buyback to get momentum but the company is worth way more than current value. They are rolling in money
Posted by Boomer Rick
Member since Apr 2021
139 posts
Posted on 10/15/21 at 5:00 pm to
They hold 12k Bitcoin? As I type this, that is worth 732 million. Market cap of company is something like 1.35 billion.

Are you sure?
Posted by slackster
Houston
Member since Mar 2009
84609 posts
Posted on 10/15/21 at 5:46 pm to
quote:

agree that you can't take Coinbase and guarantee anything with Voyager, but man, it seems your mission in life is to be a dark cloud.


Let the record show that when I come in as a dark cloud, you should sell and not think twice. I do appreciate the app though, I’ve been using it since this thread was started. Appreciate it, OP.

Chalk up Voyager with all my ancient tiger calls, unfortunately.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 10/15/21 at 6:11 pm to
Yes
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 10/15/21 at 6:12 pm to
Lol far from over slackster. Have you looked at the financials? Company is making god money
Posted by slackster
Houston
Member since Mar 2009
84609 posts
Posted on 10/15/21 at 6:22 pm to
quote:

It’s completely detached from reality. Their assets are 3x their market cap lmao. 50 and 30% margins in the last two quarters and they hold 12k Bitcoin as a company. 4th behind micro strategy, square, and galaxy digital.

frick I can’t figure it out for the life of me. Shorts got it and with minimal volume just keep chipping. I added another 550 shares this week. Need nasdaq uplisting at this point or a stock buyback to get momentum but the company is worth way more than current value. They are rolling in money


They’re not profitable and just saw their revenue fall 40% quarter over quarter.

When you’re supposed to be a high growth company, that’s not going to cut it.
Posted by slackster
Houston
Member since Mar 2009
84609 posts
Posted on 10/15/21 at 6:23 pm to
quote:

Lol far from over slackster. Have you looked at the financials? Company is making god money


Voyager at $9 is something I can somewhat get behind - Voyager at $18 when it was clearly going through a once in a lifetime growth phase was not real value.
Posted by GeneralLee
Member since Aug 2004
13103 posts
Posted on 10/15/21 at 6:44 pm to
I think if bitcoin breaks the previous high of ~$64K earlier this year, that maybe then these crypto stocks will start taking off again as people will start to believe that $100K bitcoin is on its way. I was in a few crypto stocks this year but am all out right now, just focusing on SLI and my space stocks mostly. BRPHF was very frustrating to me, hell they are probably one of the first ones that will get approved for a bitcoin ETF, but they are trading about 60% of what they were the last time bitcoin was at this price level a few months ago.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 10/15/21 at 6:52 pm to
LINK

LINK /

Assets under Manegement lmao. That’s all BTC and other coins. Look at that growth holy shite. I mean yea they were never going to stay at 50% revenue growth but adding over 400k funded accounts in a quarter is insane. Q2 was nowhere near as volitile I’m crypto as q1 was. Going down is not as much fun as going up and they make money on the trade spreads

Financials, growth, users, assets, and revenue have all exploded in 8 months. Went from nothing to 2billion in revenue. I don’t have a clue where the stock price goes but if I was buying at 15 I’m also buying now.

Also 1st exchange to get approval in Europe that is not on the continent. Should be live there in Q1 of 2022


This post was edited on 10/15/21 at 7:01 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10382 posts
Posted on 10/15/21 at 8:26 pm to
I'm not selling, I know what I've got.

I added on this dip. This is the easiest double up on the planet at this point. Q1 2022 is the NASDAQ uplisting and we saw what that did to the SLI price.

Also, share buybacks should begin again next month.
This post was edited on 10/15/21 at 8:31 pm
Posted by playmakers in space
Member since Sep 2018
1247 posts
Posted on 10/15/21 at 11:05 pm to
quote:

It’s completely detached from reality. Their assets are 3x their market cap lmao. 50 and 30% margins in the last two quarters and they hold 12k Bitcoin as a company. 4th behind micro strategy, square, and galaxy digital.


Voyager the company doesn't own the BTC, their users do and it's under their management, correct? Seems a bit misleading to frame it this way. Neither of those links you provided confirms that they as a company are holding 12K in BTC unless I am missing something.
Posted by UncleLester
West of the Mississippi
Member since Aug 2008
6572 posts
Posted on 10/16/21 at 5:04 am to
quote:

Neither of those links you provided confirms that they as a company are holding 12K in BTC unless I am missing something.


Exactly. 3 of "their" 12,000 BTC are mine.

I love their interest but considering moving 2/3rds of my BTC to somewhere else to disperse the liability a bit.

My major concern is what happens in December when they announce that they may cut $BTC interest rates (as the model isn't working beyond initial acquisition) and their is a potential "run" on everyone wanting to move off the platform but keep their currency - do they really hold enough coins for all the ones that they have been selling?

This post was edited on 10/16/21 at 5:06 am
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