Monday, September 11, 2017

Thoughts on MGTI

I've made this post in hopes of spurring conversation about MGTI. The end goal is informed readers. That being said I'd like to share what I believe about this business.

$MGT was taken off the NYSE at which point $MGT became $MGTI. MGTI took a huge hit for this due to the nature of their removal. New CEO, New name, Release of Sentinel, securing of investments, and bitcoin skyrocketing have since built a strong platform with room for growth. Recently the stock was pumped and dumped, the pump 220% and dump ~50% (this is 1/2 (base+2.2base). I believe the dump created some animosity, but with their share price tying in with bitcoin that they'll continue to grow. Let's not forget the new phone set to release soon with a selling point of security.

I don't know much about the market and do not study it, so someone please enlighten me on what this company is about. Thank you!



Submitted September 11, 2017 at 02:41PM by formalc http://ift.tt/2wTfOx8

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