Hot Stocks for Blockchain


#21

My holding period is shorter than one quarter. There’s no chance for the revenue to have an impact on my speculation. Only human emotions affect KODK now.

Valuation is 10% of the revenue. You don’t need revenue growth for price rise in this case.


#22

A crypto has two components, the coin and the blockchain transactional network.
IMHO, the coin is worthless, but the blockchain transactional network could one day be adopted by banks and for e-commerce. So for long term investment, one should look at whose has a promising network, that one is the AMZN that would rise from the ash after the crash.

Any crypto has a better network than Ripple?


#23

Why AMZN though?


#24

Ain’t AMZN the only dotcom era company around?
AAPL is not a dotcom era company, if that is what you’re thinking.
GOOG and FB are post-dotcom.


#25

Yes you are right… :wink:


#26

I see you wrote off eBay and PayPal… they are also proud survivors of dotcom.


#27

Netflix is also a dotcom survivor. Tech is a mini crypto, comparing with traditional industry.

I think the reason Amazon wins is because Amazon is doing traditional business of retail with better efficiency. Nothing compares with time tested business model.


#28

eBay used to be bigger than Amzn. The difference is that Amzn has Bezos and eBay had Meg Whitman the loser. This lady had no vision.

Moral: Invest in the person not the company.


#29

Seattle looks far ahead. BA is near sighted. Too many new opportunities and too much distraction.


#30

Whitman was not a founder. There are things only founders can do, especially for young companies.


#31

Ok then substitute “meg” with “Pierre”. Statement is still true.


#32

KODK trading volume 60M with a 22M float and 42M outstanding. Wonder what percentage of old owners have sold.


#33

Yes. Pierre sucks.


#34

KODK is now 9.25 after hours. I’ll stop checking for today


#35

are they shortable? I tried to short RIOT but no shares were available.


#36

Ah they have puts. will try tomorrow.


#37

KODK is shortable, but I would recommend long for now


#38

i will wait for 1 week then will buy puts.

Check riot. long island tea company will follow the same path. kodak will too.


#39

Riot had 2 up waves. Were there 2 separate big news in November and December?

KODK could have stronger move since it’s a household name and billions dollar revenue. It’s only the first day, I don’t have a price target, but 35 is a possibility this week


#40

LFIN has a market cap of 2.7B. Can Kodak reach the same market cap? That would mean 10X rise