On June 21, 2017, an Ethereum "flash crash" sent cryptocurrency owners into a full-fledged panic. The Ethereum price crashed to a low of $0.10 from $319 on the GDAX cryptocurrency exchange. Shortly after the event, GDAX Vice President Adam White wrote in a June 21 blog post that there were no indications of wrongdoing.
The temporary crash, which reportedly took place in a matter of seconds, was caused by a common multimillion-dollar sell order.
More on that in just a bit.
Shocking New Bitcoin Prediction: Some think the idea of Bitcoin topping $1 million is totally insane. But a 36,000% price jump may not be that crazy of a thought… �
The GDAX exchange allows investors to buy and sell digital currencies. It also allows traders to buy on margin and place stop-loss orders on the
Join the conversation. Click here to jump to comments…
Top 5 High Tech Stocks To Buy Right Now: Sandy Spring Bancorp, Inc.(SASR)
Advisors' Opinion:- [By Joseph Griffin]
LSV Asset Management cut its stake in shares of Sandy Spring Bancorp Inc. (NASDAQ:SASR) by 3.4% in the 1st quarter, Holdings Channel reports. The fund owned 92,100 shares of the bank’s stock after selling 3,200 shares during the quarter. LSV Asset Management’s holdings in Sandy Spring Bancorp were worth $3,569,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Stephan Byrd]
Sandy Spring Bancorp Inc. (NASDAQ:SASR) Director Mark C. Michael sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 18th. The stock was sold at an average price of $41.30, for a total value of $41,300.00. Following the transaction, the director now directly owns 81,590 shares of the company’s stock, valued at $3,369,667. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Top 5 High Tech Stocks To Buy Right Now: Restoration Hardware Holdings Inc.(RH)
Advisors' Opinion:- [By Isaac Pino, CPA]
On the surface, upscale furniture retailer RH�(NYSE:RH) seems to be doing a lot of things right. The company -- formerly known as Restoration Hardware -- has leaned into the upscale market, thereby differentiating its products from the competition. Its inspired storefronts are a far cry from cookie-cutter shopping malls, and a membership-based business model makes it less reliant on blowout sales.
- [By Isaac Pino, CPA]
While much has been said about upscale furniture retailer RH's (NYSE:RH) soaring stock price recently, less attention has been paid to the story behind the company's radical overhaul.CEO Gary Friedman is making some intriguing contrarian bets for RH, pursuing experiential stores in an industry that's downsizing its bricks-and-mortar footprint. Meanwhile, Friedman's embracing a membership model, physical catalogs, and a premium market at a time when most everyone else is slashing costs, running promotions, and scrambling to move online.In the company's most recent conference call, Friedman shared his thoughts on the company's business model, the retail industry's herd mentality, and the habits and desires of furniture shoppers. Here are the three takeaways I found most interesting:
- [By Isaac Pino, CPA]
More and more companies are embracing this model, including upscale furnishings retailer RH�(NYSE:RH). RH charges $100 for members to receive a 25% discount on regular-price items and a handful of other unique perks. It's simple, and customers may find it pays for itself quickly given the sticker price of RH's products. Perhaps that's why customers have embraced it: RH recently noted after only two years, 95% of its core business stems from its members.
Top 5 High Tech Stocks To Buy Right Now: Huntington Ingalls Industries, Inc.(HII)
Advisors' Opinion:- [By Ethan Ryder]
Spectrum Asset Management Inc. NB CA acquired a new stake in Huntington Ingalls Industries (NYSE:HII) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,995 shares of the aerospace company’s stock, valued at approximately $972,000.
- [By Max Byerly]
Huntington Ingalls Industries (NYSE: HII) and Marine Products (NYSE:MPX) are both aerospace companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability and earnings.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Huntington Ingalls Industries (HII)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Paul Ausick]
The carriers are being constructed by Huntington Ingalls Industries Inc. (NYSE: HII) at a total acquisition cost of around $55 billion. Work on the carriers provides more than 20,000 jobs at Huntington’s Newport News shipyard.
Top 5 High Tech Stocks To Buy Right Now: DarioHealth Corp. (DRIO)
Advisors' Opinion:- [By Lisa Levin]
DarioHealth Corp. (NASDAQ: DRIO) is projected to report quarterly loss at $0.19 per share on revenue of $1.74 million.
CPI Aerostructures, Inc. (NYSE: CVU) is estimated to report quarterly earnings at $0.1 per share on revenue of $18.50 million.
Top 5 High Tech Stocks To Buy Right Now: MicroStrategy Incorporated(MSTR)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on MicroStrategy (MSTR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
No comments:
Post a Comment