london55555

ETHE BUYER BEWARE OF THIS BOUNCE

OTC:ETHE   GRAYSCALE ETHEREUM TRUST (ETH)
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ETHE We warned on this name last week and it dropped over 77% - This is NOT a name for retail traders to try to "Pick the low" you will get DESTROYED if you do. This name has been TOXIC to retail longs trapped over the past week. #trading #stocks #crypto #fintech #ETH
Comment: If you tried to "pick the low" on this name you are now down 75% of your money in just a few days.
Comment: About 10 days ago we posted to GET OUT of this name at $600 - it now sits at $120.
For some reason some exceptionally immature people chose to knock this call as we warned our followers on this name - hopefully many did listen to us and got out of this very toxic product. At some point in time - not yet - this name will be a great long and we'll post it when that time comes. Good luck to all.
Comment: When we called a short on this a week ago or so and a "GET PUT NOW" warning rather than real debate we got childish immature comments from some that obviously lack self worth - well it's now DOWN FROM $600 to $88 in a 10 day period - we hope some followers saw this post and at least took pause as to their position in this potentially very toxic financial product.
Comment: DOWN another 24% this morning exactly as predicted - DO NOT GET TRAPPED in this name. Do your own DD.
Comment: Now DOWN 90% from our original call at $600 to get out of this name just a few weeks ago. It's now at $60. Keep betting against us.
Comment: We said to "Get out" at $600 a few weeks ago - it's now at $55 - did you try to catch a falling knife? Never a good idea.
Comment: $47 low today down from $600 three weeks ago
Comment: If you got short or even closed a long when we posted this a few weeks ago at $600 probably best to close out your short in this area even though we think it heads to the $23 area but you never know - $600 to $47 is a big drop - that said we would NOT get long here - not yet.
Comment: $600 to SUB $40 in a month not a bad short call. LOL
Looking for an overshoot on this name to sub $20 - do NOT GET TRAPPED. It's DOWN another 24% just this morning. @dRends35
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this is like buying an ICO who would buy at opening of this product? Only immature wanna be traders.... will be buying soon anywhere from 30% of bottom if fine for me and worth the risk ETHEREUM will be moving to unbelievable prices and this stock will make some nice profits for the ones who waited patiently for lows to come in. It wont stay this low for very long.
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@gman-78, Thank you for the comment but yes it will stay this low and MUCH lower but at some point it will be a great long. You're 100% correct that "who would buy an opening ICO" You'd be amazed. When we posted this 10 or so days ago to "GET OUT" ETHE was at $600 and had a 2000% premium - yes you read that right 2000% to its actual NAV. Good luck. @dRends35
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crazy how manipulated the crypto market is. I have been sitting on the sidelines as I still think this will be a good buy in that $30-40 range for the long term hold when it finally settles out.
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london55555 mattgetsbarreled
@mattgetsbarreled, If we were to give an "exact"number if i recall correctly we came up with $23 as a fair NAV in the future of course that depends at that stage on ETH
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@london55555, yeah that would be great and a real fair price. We will see what happens, no fomo or rush for me, will wait for the chart to have some history and form a bottom. Although if I did see anything in the $20's I would grab it as that is a great price, unless crypto dumps to $0 which is always possible with that high risk Wild West asset class.
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london55555 mattgetsbarreled
@mattgetsbarreled, Exactly and thank you for the comment. Please post anytime.
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london55555 mattgetsbarreled
@mattgetsbarreled, Hopefully you haven't caught a "falling knife" - now at this point it's hard to say where it stops we say sub $20 we'll see. Good luck.
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@london55555, yeah haven’t touched it. Still needs more time to go sideways and bottom
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london55555 mattgetsbarreled
@mattgetsbarreled, Good thank you for the comment we'll be watching it - it will probably "overshoot" who knows where the low is to be honest. all you can do is back into the NAV and try to come close.
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