Hey Nerds: Blockchain
- Thread starter zeke
- Start date
UWHabs
Well-known member
I still have my ETH that I bought a while ago. Not sure whether it's worth it to cash out now and enjoy the gains, or keep holding and use it as a fun little extra to watch and pay attention to.
Options, though, confuse the heck out of me. Part of me says that I should be able to learn and maybe use them, but there's another part of me that doesn't want to learn lest I enjoy them too much, and just stick with basic buying and selling.
Options, though, confuse the heck out of me. Part of me says that I should be able to learn and maybe use them, but there's another part of me that doesn't want to learn lest I enjoy them too much, and just stick with basic buying and selling.
Deckie007
Well-known member
My experience with options has been I'm better off using them as a long term leveraged position like LEAPS, instead of short term dice rolls. They are so dangerous and can murder your account in a hurry, especially if you have early success and think you're super smart lol. As CH said, they are also can provide short term insurance through puts for your long term holdings if the stock market tanks.
fergy57
Well-known member
Neat podcast with Pomp and Saifedean Ammous on his new book coming out (the fiat standard), talking about shorting fiat:
podcastaddict.com
#619 Buy Bitcoin, Short Fiat with Saifdean Ammous • The Pomp Podcast - via Podcast Addict
Saifdean Ammous is a leading researcher, communicator, and educator in the field of Bitcoin, and he has advised corporations on bitcoin strategy, and helped many investors with performing their due diligence on Bitcoin. He is the author of The Bitcoin Standard and has a new book, The Fiat...
podcastaddict.com
LeafOfFaith
Well-known member
NOT NEAT.
Preston
MBow30 alt account
Curaleaf Reports Record Second Quarter 2021 Results
- Second quarter 2021 Revenue(1) of $312 million, up 20% sequentially and 166% YoY - Second quarter 2021 Adjusted EBITDA margin of 28% on core U.S. operations, up 400 bps QoQ - Second quarter 2021...
ir.curaleaf.com
Hey look weed companies still make money. 1.25b annual run rate. Profitability metrics obviously not in line with peers but overall these are big boy numbers. Big growth and a nice beat. They usually provide next quarter guidance on their call so I'll be back to report that!
Verano tomorrow morning, clashing with an enormous share unlock that the shorts have been running with for weeks. Curious to see how that plays out. ~$200m in revenues (50% qoq growth) is likely there.
LeafOfFaith
Well-known member
Oh, weed companies make money. I just LOSE money on them!
Preston
MBow30 alt account
Preston
MBow30 alt account
Bojo sees 2021 revenue at $1.2-1.3b. Around double what they achieved in 2020. With NY and NJ on the horizon I suspect there could be another doubling when they're both online.Curaleaf Reports Record Second Quarter 2021 Results
- Second quarter 2021 Revenue(1) of $312 million, up 20% sequentially and 166% YoY - Second quarter 2021 Adjusted EBITDA margin of 28% on core U.S. operations, up 400 bps QoQ - Second quarter 2021...
Hey look weed companies still make money. 1.25b annual run rate. Profitability metrics obviously not in line with peers but overall these are big boy numbers. Big growth and a nice beat. They usually provide next quarter guidance on their call so I'll be back to report that!
Verano tomorrow morning, clashing with an enormous share unlock that the shorts have been running with for weeks. Curious to see how that plays out. ~$200m in revenues (50% qoq growth) is likely there.
So we're looking at 628m-728m in the final two quarters.
CH1
The Artist Formerly Known as chiggins.
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Preston
MBow30 alt account
Did 199m which is well above analyst estimates (but in line with mine). Profitability tanked on first glance but due to several IFRS accounting impacts from their m&a action, they had a bunch of 1 time adjustments on the record that made things look a touch worse than they were. These issues will be long gone by the end of the year. They also mentioned that they will not raise cash by diluting the stock; they will find non-dilutive ways to do this if required. That's a big boy move. Less of a need to raise cash anyway when your Cap Ex is self funded by cash from operations.
They have guided for a 1.1b annual run rate by Q4 which is $275m and have promised a return to their signature EBITDA profile. 38% growth; and better if NJ adult use sales begin in Q4. Relatively in line with Green Thumb with similar balance sheets and better profitability, albeit with no NY presence (Thumb deserves a premium for this reason). However, at the moment Thumb's market cap is around 3b higher than theirs. It's aggressive. They're both "cheap" tho.
LeafOfFaith
Well-known member
How bad have things gotten that you guys aren't even mentioning the 85% yoy growth Thumb reported after the bell today?