$RIOT: Read this: This stock could double or tripl
Post# of 103030
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Posted On: 01/02/2018 5:00:06 PM
$RIOT: Read this: This stock could double or triple by end of this week.
1. The short interest for RIOT is extremely high (1.7 million shares which is about $50 Million Dollars shorted) in last couple of weeks.
http://www.nasdaq.com/symbol/riot/short-interest
2. The CEO sold $870,000 which is about 30k shares only of his stocks today. If I was the CEO and had many shares, I was going to sell more than that to take some profit with low taxes now. Nothing is wrong with that.
Update : He is using the money to payoff his mortgage loan. Way to go
Not too fast . Google is now looking to invest or takeover RIOT BLOCKCHAIN. Microsoft is also looking to start it's own blockchain and if Google is trying to get ahead then Microsoft could go into the bidding war with Google for this little company and that will create the biggest short squeeze of all time.
1. The short interest for RIOT is extremely high (1.7 million shares which is about $50 Million Dollars shorted) in last couple of weeks.
http://www.nasdaq.com/symbol/riot/short-interest
2. The CEO sold $870,000 which is about 30k shares only of his stocks today. If I was the CEO and had many shares, I was going to sell more than that to take some profit with low taxes now. Nothing is wrong with that.
Update : He is using the money to payoff his mortgage loan. Way to go
Not too fast . Google is now looking to invest or takeover RIOT BLOCKCHAIN. Microsoft is also looking to start it's own blockchain and if Google is trying to get ahead then Microsoft could go into the bidding war with Google for this little company and that will create the biggest short squeeze of all time.
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