Options360

Earnings watch 3/17 pre-market

Options360 Updated   
NASDAQ:HUT   Hut 8 Corp.
Earnings watch 3/17 pre-market:

HUT
DG
ACN
CMC
SIG
CSIQ
WRBY
DBI
NYC
DXLG

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*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

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Trading View app!, Brokerage UI
Accurate indicators & settings
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Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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Comment:
HUT 4/22 expiry otm call
Comment:
Hut 8 Mining press release (NASDAQ:HUT): Q4 GAAP EPS of -C$0.67.

Revenue of C$57.9M (+345.4% Y/Y).

CFO comment: "We continue to have one of the largest self-mined Bitcoin reserves in the world, currently holding more than 6,200 Bitcoin, and look forward to driving operating efficiencies at our mining sites by deploying next-generation miners."

As of December 31, 2021, the company had a total Bitcoin balance of 5,518 with a market value of C$323.9M, including 2,000 Bitcoin loaned as part of the Company's fiat yield strategy.

During Q4-2021, 100% of self-mined Bitcoin was deposited into custody.
Comment:
I'm glad I am holding HUT 4/22 expiry being that they are accumulating +6200 Bitcoin. It will trade as a Bitcoin proxy so best way for me is to hold going into spring. Albeit, looking like a drawdown today from earnings down, yet revenue & Bitcoin holdings up.

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