Buy and Hold BMNR after 11% Drop
"the biggest stock movers on Monday, BMNR. This one was down like 11% though. So, it's not like you're, you know, you're totally up on this. For me, it's a buy and hold."
The speaker identifies BMNR, which dropped 11%, as a buying opportunity and recommends a buy-and-hold strategy, implying confidence in its recovery.
Technical Trade on BMNR Below $50
"Another one that I love is BMNR. Wall Street says it's a strong buy, but there's one analyst that covers this. They think it's worth 60 bucks while it's trading at 52 right now. This is a technical trade, and if it dips below 50, it seems like a pretty good buy."
The host presents BMNR as a technical trade opportunity. Despite limited fundamental insights, the stock is trading near a key technical level with a target valuation of $60, making it an attractive entry point if a dip below $50 occurs.
Technical Trade Call on BMNR with Ethereum Catalyst
"Another one that I love is BMNR. ... Wall Street says itds a strong buy. ... I bought more under $50 ... because every dollar you put into BMNR, they are able to buy 3 dollars in Ethereum."
BMNR is highlighted as a technical trade opportunity. The trader emphasizes a strong technical setup and a unique catalyst involving Ethereum exposure, suggesting accumulating shares when the stock dips near or below $50 for long-term holding.
Trade Call: Buy the Dip in Bitmine (BMNR)
"BMNR is up 3% in pre-market. I'm looking to buy the dip. I like the dip."
The speaker identifies Bitmine (BMNR) as a target of a dip-buy strategy. With the stock showing pre-market gains, the actionable idea is to buy on any subsequent dip, hinting at a short-term catalytic move based on technical indicators.
Exploit BMNR Trading at a Net Asset Value Discount
"BMNR is finally trading at a NAV discount. With a market cap of about $7.37 billion and a recent uptick of $2.64, one analyst is already pricing it at $60. This discount signals a potential entry for a volatile but rewarding move."
The host identifies BMNR as an undervalued opportunity based on its NAV discount and a target set by an analyst at $60. Investors are advised to consider taking a long position once further confirmation from the four-hour algorithm is achieved, keeping in mind the stock’s inherent volatility.