Day: May 27, 2020

Crypto Currencies are more Penny Stock thank “currency”.

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Look at the headline!! 250%!!!! Woo Hoo!!! Except. This “crypto” went from $.50 to almost $2.00. That’s Penny Stock type movements. I wonder if the author- Billy Bambrough- bought in before the posting of his article? Why? The headline looks like a classic “Pump and Dump” type Press Release. If you’re investing in Crypto, remember …

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Are companies “VirusWashing” in creating new products?

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Have you heard the term “GreenWashing”? That is where every company jumped on the green movement as a way to sell products. I think the “VirusWashing” is coming. More companies are creating products to capitalize on the Corona Virus.  At least this time around though, is seems some monies also go to charities. Just waiting …

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Goldman said what? Bitcoin (BTC) is “not” an asset class? No earnings, no cashflow, no employees. Huh? But neither does Gold? BTC is an asset like Gold, not a stock. GS is totally missing the point. Or, perhaps they are secretly buying in the background?