So, let' say your company is in BioTech - which is, if you ask me, a hot place to be these days - but its shares are trading at a mere $4.5.
What to do, what to do?
Got it: let's add some "blockchain" to the name, rebrand it as a fintech company and see what happens.
Well, this is what happens, according to this 5 days chart from nasdaq:
Company's stock went from $4.5 to a bit more than $9 in a couple of days and it's currently trading at $7.2. Not bad, for a company who decided to liquidate its biotech patents and focus on the crypto world.
Their first acquisition seems to be a Canadian exchange, with a daily volume of around $300.000, according to a material published by Bloomberg.
Oh, and the new name of the company? Just because "Bioptix" is so 2016, baby, let's call it "Riot Blockchain".
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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