Signs of a Top

A biotech company changes its name to Riot Blockchain and the shares double in a week:

Nasdaq-listed Bioptix, which previously had as its main business the development of a follicle-stimulating hormone for cows, horses and pigs, took a page out of the same playbook by changing its name to Riot Blockchain. Cryptocurrencies are hot stuff and the company is even investing in a Canadian trading platform for them.

Its shares went as high as $9.50 on Wednesday or more than double their price a week ago. Investors should make hay while the sun shines.

I think I know how this story ends.

Posted by on October 5th, 2017 at 11:18 am


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