Re: Re --OSTK.....The Number one backdoor blockchain investment in the World. As a shareholder it is a good time to be long Blockchain for FREE......hahaha
The cash that has been put into Medici has resulted in a double-whammy for OSTK stock price. This cash has essentially been taken away from OSTK, the e-tailer's, bottom line and, at the same time the market has not given any value at all for Medici's potential. IMO, separating the two will shed new light on the value of both the core business and the blockchain potential. I say a 50%-of-revenue-valuation, or $38-40 per share, is not unreasonable for the core business. I have no idea of the Medici valuation, but it's not nothing. Despite ages of unrelenting blackballing by WS, it looks like the real value of what OSTK has built might be coming to the fore. Could get very interesting.