Nov. 12 at 1:08 AM
$RELI I made a ton of money on the 3 decent pops the past few months. Was able to exit and re-enter on the high/low ranges. Held close to 200k shares through dividend date and brought my holdings down to 50k before ER.
The main reason I will not re-enter at this point is 3 issues . 1) With all the news out already there is nothing to look forward to. 2) The earnings report DID NOT have the amounts of crypto they are holding. The only reason that can be the case is because it is a very low amount. 3) They did not explain how they will get to the 120 million dollars of crypto purchases. It is no secret they only have a few million in cash currently.
Curious to hear opinions either way.