Full video

https://youtu.be/wpfEQs5tDAk

Always good to checkout

https://www.riotblockchain.com/

3 Red Flags

https://www.bamsec.com/filing/107997320000871?cik=1167419

  1. $100,000,000 offering news, big dilution @ $2.6
  2. net tangible book value, as adjusted, of $0.63 per share to existing stockholders and of $(0.86) per share to new investors purchasing shares of common stock in this offering.
  3. Depreciating assets, graphic cards.

Is RIOT Still A Buy?

Possibly but ideally not above $2.6 with that offering. Two major support zones are $2 with the 180 MA and $1 as a key psychological zone + listing requirement for NASDAQ

Look at the vol.. on weekly this company dilutes a lot and we all know what happens to companies that love diluting. #FCEL

Fun Fact

1 EH/s is 1,000,000,000,000,000,000 (one quintillion) hashes per second