I picked up a few hundred shares when SOS fell bellow $4.
Awesome mid-day rebound.
Today's News: SOS Enters into a Purchase Agreement for 575 Ethereum Mining Rigs with 400 Giga Hash Rate Capability.
Mr. Yandai Wang, CEO of SOS, commented, "we are optimistic about the future of cryptocurrencies and Ethereum in particular. This is part of our overall strategy to develop blockchain-based environments and services and which will be a core part of our growth in 2021 and beyond".
How many days do we have to hold our shares to reach the target price of $6? Thanks.
SPADESASSETS
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@wendysmith616, Personally I'm in SOS for the long run. I'm most confident that there will be an upside through May. I believe in May we will hear earnings from SOS and I'm betting it will beat expectations. Unfortunately I don't have enough clues to answer you questions of how many days it will take. What I know is that I think we've reached the bottom, and with more fundamentals to work with in the next few months, your patience will be rewarded. Best case short-term scenario, SOS announces that they've successfully received the new batch of ETH Mining Rigs as scheduled on April 30th and the price moves 10-20 percent. That's my speculation.
wendysmith616
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@SPADESASSETS, Thanks for the explanations. I was in last week with $6.05 per share, hope I can get my money back.