- 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
re: Voyager - VYGVF Due Diligence
Posted on 4/7/21 at 7:21 am to tenderfoot tigah
Posted on 4/7/21 at 7:21 am to tenderfoot tigah
quote:
Why are you using old data for Voyager but using March's data released today for Coinbase?
This is rich coming from you.
1
Posted on 4/7/21 at 8:54 am to slackster
Coinbase price target lifted to $440 from $195 by D.A. Davidson
D.A. Davidson analyst Gil Luria boosts his price target for Coinbase Global (COIN) to $440 from $195, as its far better-than-expected preliminary Q1 results provides a "terrific setup" for its pending direct listing.
Rates the cryptocurrency exchange firm as Buy.
Price target reflects 20x multiple on 2021 revenue.
D.A. Davidson analyst Gil Luria boosts his price target for Coinbase Global (COIN) to $440 from $195, as its far better-than-expected preliminary Q1 results provides a "terrific setup" for its pending direct listing.
Rates the cryptocurrency exchange firm as Buy.
Price target reflects 20x multiple on 2021 revenue.
Posted on 4/7/21 at 9:31 am to tenderfoot tigah
Yall make up.
I am crypto idiot despite reading on it. I need yall to not fuss.
I am crypto idiot despite reading on it. I need yall to not fuss.
Posted on 4/7/21 at 10:15 am to tenderfoot tigah
quote:
D.A. Davidson analyst Gil Luria
Posted on 4/7/21 at 10:25 am to slackster
I guess we find out in 7 days.
Posted on 4/7/21 at 11:24 am to tenderfoot tigah
quote:
guess we find out in 7 days.
True.
Like I’ve said earlier, I think Voyager is a very interesting stock without trying to draw comps to Coinbase. It’s why I’ve given you such a hard time with your attempts to derive a Voyager price target from Coinbase data.
Posted on 4/7/21 at 11:49 am to slackster
I just bought 300 shares at 25.30 so look forward to seeing what this one will do but it looks promising.
Posted on 4/7/21 at 11:57 am to MrLSU
Surprised it’s blood red today given the Coinbase earnings and with my other crypto stonk holding, BBKCF, up 50% this week.
Posted on 4/7/21 at 12:06 pm to maclauer
I see VYGVF & BBKCF as good acquisition targets for companies looking to consolidate the industry going forward.
Posted on 4/7/21 at 12:10 pm to MrLSU
quote:
I see VYGVF & BBKCF as good acquisition targets for companies looking to consolidate the industry going forward.
I couldn't agree more. BBKCF is really cheap and has government contracts with the other side of their business.
The Coinbase revenue announcement has turned heads.
Posted on 4/7/21 at 12:53 pm to MrLSU
quote:
just bought 300 shares at 25.30 so look forward to seeing what this one will do but it looks promising.
I’m having a little trouble squaring away a reasonable argument I read today - given the fact Coinbase and Voyager, among others, are going to be highly correlated to the price of BTC, why wouldn’t one simply buy the underlying coins?
The crypto exchanges seem to have a long way to go before they behave like traditional brokerage firms, so I’m inclined to invest directly into cryptos rather than the indirect exposure of the exchanges. How COIN behaves should help clear up that conundrum.
Posted on 4/7/21 at 1:17 pm to slackster
quote:
given the fact Coinbase and Voyager, among others, are going to be highly correlated to the price of BTC, why wouldn’t one simply buy the underlying coins?
Because BTC will eventually reach a plateau and other challengers could potentially emerge due to upside and growth potential.
Posted on 4/7/21 at 1:42 pm to boogiewoogie1978
quote:
Because BTC will eventually reach a plateau
wrong
Posted on 4/7/21 at 1:48 pm to slackster
quote:
I’m having a little trouble squaring away a reasonable argument I read today - given the fact Coinbase and Voyager, among others, are going to be highly correlated to the price of BTC, why wouldn’t one simply buy the underlying coins?
Wouldn't they be correlated to the volume of trading rather than the price of BTC? I know they have a long way to go before they're a Fidelity, but that's kind of the appeal in my opinion...IMO that means there's a ton of value that's left to capture as Coinbase and Voyager mature into more of the traditional brokerage firms. Who knows if they'll get there but that's the hope.
Posted on 4/7/21 at 1:52 pm to boogiewoogie1978
quote:
Because BTC will eventually reach a plateau and other challengers could potentially emerge due to upside and growth potential.
Then you buy the platforms at that time.
My point is that BTC, Voyager, and Coinbase are effectively joined at the hip right now. The better play is whichever one produces more beta going forward. BTC seems to have more of a moat than Coinbase or Voyager, even though I think that moat is quite small itself.
Posted on 4/7/21 at 2:17 pm to slackster
I'm holding long, but today has been discouraging. 
Posted on 4/7/21 at 2:49 pm to slackster
quote:
I’m having a little trouble squaring away a reasonable argument I read today - given the fact Coinbase and Voyager, among others, are going to be highly correlated to the price of BTC, why wouldn’t one simply buy the underlying coins?
I invest in crypto as well as stocks, but I'm not putting half a million in crypto even if they pay really good interest rates.
Asset protection
Etrade's website on asset protection
quote:
E*TRADE Securities LLC is a Member of SIPC, which protects customer accounts up to $500,000 for securities and cash (including $250,000 for cash only).
Posted on 4/7/21 at 2:50 pm to dcrews
quote:From the charts, this was a necessary and predicted pullback.
I'm holding long, but today has been discouraging
Posted on 4/7/21 at 3:00 pm to Got Heeem
quote:
From the charts, this was a necessary and predicted pullback.
yep
I just didn't think it would happen so fast. Like others said, Bitcoin has an affect on everything crypto related. The crypto companies make a large % of their revenue on spreads. The more money everyone makes on Bitcoin, the more spread revenue Voyager, Coin, etc. also makes.
Posted on 4/7/21 at 3:06 pm to slackster
quote:This is where I am. I think the exchanges may by HUGE in a long while, I also dont think we are there yet. Maybe I am wrong. I hope I am, I have bought into the hype train on this one.
The crypto exchanges seem to have a long way to go before they behave like traditional brokerage firms, so I’m inclined to invest directly into cryptos rather than the indirect exposure of the exchanges. How COIN behaves should help clear up that conundrum.
Page 5 of 19
Popular
Back to top
Follow TigerDroppings for LSU Football News