February 28, 2011 9:07 PM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Jim Cramer said on
CNBC's Mad Money Lightning Round OT that American Superconductor Corporation (NASDAQ: AMSC) is too risky for him. This stock is very volatile, and it was a decent spec, but it is too hard for him to recommend it. American Superconductor Corporation (AMSC) fell 0.67% on Monday. There will be a pull back in energy, and it will hurt a company like Royale Energy, Inc. (NASDAQ: ROYL), thinks Cramer. He added that this company has almost no revenue, and it has no earnings. If oil goes to $85, this stock will drop 20%, said Cramer. Royale Energy, Inc. (ROYL) gained 19.32% in the regular trading session, and it added 1.17% in the after hours.Cramer also said that Motricity's (NASDAQ: MOTR) conference call was one of the worst conference calls that he has ever heard. He was bullish on this stock, because he thought that it will have a successful smart phone business. At this moment he can't see that happening, and he thinks that Motricity, Inc (MOTR) should not be bought. Motricity, Inc (MOTR) fell 2.15% today, and it closed at $15.48.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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