lindsay877
2021-10-20

$Riot Blockchain, Inc.(RIOT)$ If pre-market holds(30.80+), only shorts that entered at the top yesterday or on September 10th are in a position of profit. Any other new short position or new short lots opened between now and then has lost money.

If management offers details on the shelf raise (nearing completion or completed in its entirety) in their opening remarks on the shareholder meeting, then I would expect a larger pre-market move as we get back to FMV on the multiple of book value.

There is also an insanely large open interest at the $40 strike next week.

Things could heat up quickly.

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