Serban’s Crypto Picks: Closing $AKRO

Closing $AKRO – We’ll be leaving our AKRO trade on a small loss, because it broke the level of support we were looking at; we’ll buy back at a later stage, if it keeps bleeding to lower levels, becaause it’s still a project that can make us good profits. It’s important to follow those trades…

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Current Mkt Thoughts: The worm is Turning

Over the last month or so there has been a reweight into defensive’s and a divergence between domestic reopening plays and international. I think there will be a period of time in the middle of the year where everything consolidates. When the rate of change data starts rolling over a bit. This could be what…

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Serban’s Crypto Picks: BUY $AKRO

Akropolis $AKRO – This is a low/mid cap trade with a lot of upside potential, as it seems to have reached a local bottom.The project is good but the team has a lot of work ahead to deliver on their promises; if they do, this can be a good long term hold, but for now…

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Serban’s Crypto Picks: Kusama $KSM update

We recommended this project during its parabolic rally, without an entry suggestion, as it was in price discovery. Now that some early buyers have taken profits and the price is stabilizing, we can, based on TA, add a couple of buy zones which we can hopefully hit. First buy zone is at $395 – $420,…

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UPDATE: BUY EDF: Government Buyout. Perf +25.45% to date

Reuters article out overnight saying the government set aside EUR 10bn to buyout the 16.3% minority interest and is having talks with unions – article cites people familiar Our back of the envelope calculation implies this is a >75% premium which would imply a price of EUR 19.8 versus the last price of EUR 11.225…

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Serban’s Crypto Picks: OCEAN approaching BUY level

$OCEAN – Ocean is tokenizing data so that everyone can trade datasets on the Ocean marketplace. It’s a good project, with solid management and team behind it, with a clear vision and top notch implementation. Its current marketcap below 1 billion does not do it justice, and we see this project rallying this year to…

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Faurecia – Cutting our Trading Short -7.5% ABS, -1.8% REL

*Selling flow did not outweigh the strength in the market over the last couple of weeks *Our short thesis was based on our expectations that we would see 1/3 of the STLA’s stake distribution going to holders who would not wish to hold a small stake in a relatively small European listed company with no…

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