Re-Visiting The "Blockchain" Stocks
June 7, 2018
Remember back in December, where it seemed any company could incorporate blockchain into its strategy or even into its name to and have its stock price soar?
Longfin Corp. (LFIN) debuted in December at just over $5 dollars, skyrocketed to over $70 in a few days and now is back just over $4.
My personal favorite was Long Island Iced Corp. (LTEA) changed its name to Long Blockchain Corp. and its ticker symbol to LBCC. The stock, which had been slumping from almost $5 in June 2017 to $2 in December. Then, after changing the name the stock soared to close at almost $7 and I believe traded above $10. That stock is at $0.38 as I type this note.
Read more at Forbes