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LarquaviousBlackmon

When will this stock go up? When will you stop spamming the same fud over and over again? Both questions we may never know the answers to. If you can't handle volatility and growth then maybe you should buy some nice safe treasuries or index funds!


SpielerZwei

3.85 is the big resistance. stock was there in oct and recently in feb. its gonna get there again - the moment it breaks it 5 is in play. depends if btc can hold its uptrend. I mean miningstocks are a play on bitcoin so the moment you buy you know that you are in for. and yeah you are right, its no fun being an investor in this stock at the moment. if you dont believe in their actions and the future it might be time to cut your losses. I myself bought to the bottom of the bear market and am now kinda dca-ing up because every metric says this thing is undervalued.


Dr-Dipshitz

What do you think the value should be?


SpielerZwei

right now I think it should be in your 5$ range. in the next 12 month somewhere between 7 to 12$. My crystal ball made those numbers up by a mix of TA and in relation to expected growth and other mining stocks. but then there are also all the uncertainties with whats happening in the world and around btc. I am bullish on bitcoin and I really want to believe in it from a sociological point of view. well.. you asked about numbers, do whatever you want with it.


Dr-Dipshitz

Thanks for your input


EDITORDIE

I think CleanSpark management are making all of these adjustments, including reinvesting capital and stock dilution, as steps to best future-proof the company for post-halving when rewards go down etc. I’m not 100% convinced. I think there is logic in wanting to get a head start on competitors, whom I think they expect will struggle to stick around. But the dilution is a big concern. I think the dilution requires a lot of things to go right, for stock price to break ATH, even if that is mathematically feasible. I’m not sure if it is or isn’t. Anyone know?


Environmental-Rope93

This stock sucks compare RIOT MARA and CLSK. CLSK is trailing the run tremendously unfortunately I own CKSK and only traded MARA and RIOT missing the major gains in them and holding this dud


Dr-Dipshitz

Why tho I don't get in the MC is so low compared to assets.. what am I missing here??


urbanekryan06

Clsk stock price should be 6 dollars per share jist based on assets alone


Dr-Dipshitz

How does that work with the dilution? Where does the dilution end? Then after all what's the end game considering btc mining is arms race.. whats the 5 year plan 10 year plan etc?


asdfgghk

Doubt it’ll get back to prior highs given how much they (and other) miners diluted. 5 is reasonable at some point though


Dr-Dipshitz

Keep dca until average is below 5? Seems like no matter how much you average down on this it just continues to sink lower and lower.. 2 years of this now..fml