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MGT Capital Investments, Inc.MGT Capital Investments, Inc.MGT Capital Investments, Inc.

MGT Capital Investments, Inc.

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MGTI trade ideas

MGTI - Crazy Town Good for a FlipOnce known for McAfee entering as a director to help its securities division, then became crytominer, now embattled company in fraud cases. However at these levels could prove a quick flip especially hitting lower weekly Bollinger as well as getting close the the weekly 100 LR. Short interest picked up a good amount in the last month or two. Could provide some covering in the next week or two of the million or so shares short last month of 75 million. If a squeeze does happen could see a bag or two at $0.149 entry.
OTC:MGTILong
by DawgTrading
4
MGTI. Example of 5 wave up, ABC down. New 5 up beginsMGTI. A company so poorly run, they can't even get printing money right. But, that's not important. After completing a long C wave of an ABC correction, following an impressive 5 wave impulse up, MGTI is is beginning a new 5 wave up. I would dump this stock upon reaching target price of anything over $10 with realistic targets of $15-20 based on wave count and fib levels. MGTI's greatest problem is their incompetent management. But, thanks to bitcoin and ONLY bitcoin, the price will pump HARD in June/July time frame as it enters wave 5. Right now we began wave 1 last week. But this company struggles to even print money and bitcoin mining is their ONLY play left now. I recommend DUMPING at your price target and buying back at a 80% discount. Based on analysis, there is a 86.37% chance SP will drop to $2.30-$2.50 range after achieving $10-20 prices. No longer a HODL beyond June/July in my view. Targets: $8 10 $15 $18 $20 (the result of a shooting star if this price is reached) Not trade or investment advice. Educational purposes only. Due your own research as always, especially on questionable companies like MGTI before committing capital. Know your risk. All the best JDH
OTC:MGTI
by jdharward
A company's fiat currencyHello, I really like MGTI's story, except for their plan to really dilute their shares by issuing more. It would be better for shareholders if they did stock splits. Even though your share price is reduced accordingly, you have the additional shares to compensate you. To my understanding, MGTI wants to have at least 200,000,000 shares outstanding. Their website shows they currently have 75,000,000 shares outstanding. Here's my concern: The outstanding amount seems to vary greatly depending on what website you're on. My brokerage account has them listed as only having (roughly) 48,000,000 shares outstanding. (I'm asking them to verify this.) To make a long story short, this is the amount used to give MGTI its current valuation and stock price of approximately $2.50/share. If the outstanding amount is currently 75 million, this should give MGTI a current valuation/share price of around $1.25/share. If they dilute (by just issuing more) to 200 million shares outstanding - that should give them a valuation of around 25 cents / share?!! This is my opinion/assessment and it's simplified for the sake of time. If anyone knows more about MGTI's plans for increasing its shares outstanding, or finds any fault with my analysis - let me know. Please, be blunt but polite. Thank you.
OTC:MGTI
by paulm2018
MGTI - Just completed 5 wave up to ATH. Now on 5 wave downMGTI achieved a share price of $8 this morning on heavy volume. $8 is the 161.8% mark of the previous high set in 2016. Driving factors for price decline: Extremely overbought levels. BTC price currently under attach by BCH and in decline Already in progress. Expect to see a 5 impulse wave correction. Buy level $4.10 to $3.83. Predicted price in January 2018 -- $10.63 -- target price assuming the chart is correct :) A quick note on the decline of BCT and it's effect on MGTI's price. The truth is MGTI makes matter regardless of what the price of BTC does. Price goes down, difficulty goes down and they mine more coins. Price goes up, they sell the fewer coins for more money. They can mine whatever is most profitable which makes them a hedge in the Bitcoin Core vs Bitcoin Cash war taking place. (BCH wins. Its happening rather you like it or not) MGTI is a long term buy -- but you can buy shares a cheaper price in the coming days. Good luck!
OTC:MGTI
by jdharward
10
MGTI - 5200 Bitcoin miners Q1 2018. Price is breaking outFinally! I like the current slow by steady growth MGTI is seeing this week. Much better than the insane 6x volume days on no news that we saw Blackfriday. MGTI announced yesterday an additional 500 mining rigs for Q1 2018 bringing to total up to 5200 by end of Q1 2018. Monthly revenue estimated to be $4M-5M per month at $14K BTC - holy smokes, this sucker could very well surpass $20 in 2018. Needs to break past the $2.80 resistance level first. If we break that, it should be smooth up to around $3.20 (next level) and if we break that expect to see 4.26 and even $5-6 if we hit new ATHs.
OTC:MGTILong
by jdharward
1