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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hello, SCR is up on very big volume. Do you have any thoughts on who is buying? In your opinion, is this mainly:
1) retail investors jumping in because of the recent court ruling on sports betting? or 2) could it be institutions buying and setting up some long term positions?

I have held for a while and doubled down on the lows...finally above water and wondering if I should sell or wait this out. I hold SCR in my "fun money" portfolio and I take a lot of risk.
Read Answer Asked by Don on May 16, 2018
Q: Ever since the Company's new CEO and Polar Asset Management disclosed that they own combined close to 38% of Avante's shares, the stock has been trending higher and hitting 5-year highs. Does the revamped shareholder base make the Company more valuable and/or is it the expectation of what is to come from a the new CEO who has an industry track record?
Read Answer Asked by Charles on May 14, 2018
Q: Hi there,

I'm hoping I5 can convince me not to buy Hashchain Technology Inc.

Looking at the companies April 25th release it states that they were able to mine 27.92 bitcoin with 770 rigs in a 38 day period. With these metrics and a bitcoin price of say 12k, I calculate annual sales of just about 3 million. Then if i Increase the rigs to 9,870 which the company is expected to operate by the end of June, I calculate annual sales of just under 40 million.

With a current market cap in the 26 million range is this stock worth keeping an eye on? Does it have a chance at being profitable if cryptocurrencies manage to remain at current levels or even grind higher?

What attracts me to cryptocurrency mining is that the business model seems so simple...buying mining rigs and plugging them in... is there more to it then that?

Thanks,
Joel
Read Answer Asked by Joel on May 14, 2018
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