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Marathon Digital Holdings

Hello you very wonderful and intelligent people that make up this forum. Happy New Year to you all and i sincerely hope you have a fantastic year. Very best wishes for this New Year.

I know alot of people invested in Marathon Digital Holdings (NASDAQ: MARA) and it has done extremely well as it has entered a definitive agreement to acquire multiple Bitcoin Mining sites for $179 million. This has really done well for the share price. I kindly wondered what you look for in small cap stocks that make them attractive as there was no mention of this deal ongoing until the release date. Would you please look at good business fundamentals or even looking at good technical indicators that show alot of investors are interested in this stock please? If anyone kindly had any thoughts on this i would be forever grateful and thankful it would mean the world to me.

Very best wishes to you all and hope everything continues to go well for you. With my every best wish.

Comments

  • coyrls
    coyrls Posts: 2,496 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why not ask the people you know who invested in MARA?
  • friolento
    friolento Posts: 1,961 Forumite
    1,000 Posts First Anniversary Name Dropper Photogenic
    A search of the Forum suggests that you are the first person who has mentioned Marathon Digital Holdings, so there will probably be no Forumites who can help you with your questions. Most people here don't appear to invest in individual companies, anyway.
  • wmb194
    wmb194 Posts: 4,391 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 2 January 2024 at 7:14AM
    friolento said:
    A search of the Forum suggests that you are the first person who has mentioned Marathon Digital Holdings, so there will probably be no Forumites who can help you with your questions. Most people here don't appear to invest in individual companies, anyway.
    The question isn't really about Marathon, it's:

    "...wondered what you look for in small cap stocks that make them attractive... Would you ... look at good business fundamentals or ... technical indicators..."

    Well, yes, probably. Fundamentals more than technical.
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