Let's Make Money - Stock to Watch - Hut8 (HUT) - Not Looking Good
My HUT position is not doing well.
HUT is forming lower highs and lower lows which is the opposite of Bitcoin.
I continue to write covered calls but I don't get why it is not trending like Bitcoin.
I still believe in this company.
POSITIVES
Earnings are forecast to grow 123.94% per year
NEGATIVES
Volatile share price over the past 3 months
Shareholders have been diluted in the past year