Jul. 16 at 2:03 PM
$RIOT I expect we'll be around 17-18, close to the 200-day moving average, for a while as prices stabilize and we continue the upward trend with some promising earnings reports.
Remember that Riot still owns Corsicana, and we also have our own engineering company (ESS Metron) that makes elctrical parts for data centers, so the shortage of these products won't directly affect Riot.
So if you have cash, now's the time to start trading. If you don't, just hold on for a while. The upside here is more guaranteed than continuing to fall into absurd valuations that Wall Street wants you to believe.