Opinions
Larry Berman CFA, CMT, CTA
Amplify Transformational Data Sharing ETF
BLOK-N
DON'T BUY
Aug 20, 2018
$19.350
Stock price when the opinion was issued
E.T.F.'s
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COMMENT
This is not a pure blockchain play. It holds Bidu for example. They do hold some like HIVE Blockchain. Look elsewhere if you want a pure play on blockchain.
E.T.F.'s
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It's blockchain. It's volatile. We're in a late cycle, and Blockchain will fall to $2,000 before it reaches $10,000. This whole sector is highly levered and he would avoid it.