Taking a flyer on this stock, which is at risk of delisting due to its low value. I don't like to dabble too much in penny stocks, and I have no specialized knowledge about this company or its business, but from the looks of the past several quarters, COIN seems to have a propensity to boost within a week after earnings. Of course, the most recent earnings was a big exception, so I am a little nervous going into the weekend.
This is officially my "faith in capitalism" trade for the month. The managers of this company are dealing with a battered stock price that threatens delisting and I am hoping they have stepped up to the plate. We shall see.