Date: March 16th, 2018 9:32 AM Author: Mauve center
my main investment focus has always been on the equity markets. this fraud company came to my attention when they were in the news bc their stock had mooned upon changing their company name and supposedly their focus to blockchain. i did some research and concluded that it was a scam enterprise pumping their stock price by manipulating the crypto mania. I was also looking for a hedge against a drop in my crypto holdings. so I bought puts on RIOT when the stock was trading around 40. now it is trading at 7.5. needless to say, it has been one of my best trades ever. the only regret i have is that i didn’t buy more to fully hedge against crypto losses over the last couple of months.