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A Comment -- General Comments From an Expert (A Commentary) opinion on 2017-11-13

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Larry Berman CFA, CMT, CTA
A Comment -- General Comments From an Expert was $0.020 at time of opinion
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Educational Segment.  Bitcoin: He thinks it is speculative.  It is a crypto currency.  It is money:  a store of value, a unit of account and a medium of exchange (the definition of money).  The intrinsic value of Bitcoin is nothing.  It is more likely to be zero than anything else.  GBTC-N is a fund that trades in Bitcoin as the underlying asset.  From a risk perspective, it is the highest risk category you could imagine.  GBTC-N trades at a 49% premium to the underlying currency.  Expect volatile ups and down.  He is negative on the outlook.  It could keep going up for years but it is a speculative vehicle and you should leave it alone unless you are a big risk taker as you are not owning the underlying technology.  It has no underlying value.

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698 BUY
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3830 COMMENT
709 DON'T BUY
138 HOLD
5469 N/A
12 PARTIAL BUY
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217 PAST TOP PICK
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All opinions for A Commentary (11832)

698 BUY
52 BUY on WEAKNESS
3830 COMMENT
709 DON'T BUY
138 HOLD
5469 N/A
12 PARTIAL BUY
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54 SELL
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5 SPECULATIVE BUY
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