October 2022

Stock I'm watching this month:-

COMP - Compound

Sector: Crypto
Market Cap:  385 Mil 
Price/Earnings: N/A
Price/Book: N/A
Return On Equity: N/A
Return On Assets: N/A
Debt/Equity: N/A

Reasons to watch: COMP is a Defi lending protocol. You can interest by depositing your crypto into one of the several pools supported by the platform. On the other side, you can also take a loan from the protocol by depositing a collateral. The Compound main net was launched in September 2018.     

Risk: Crypto investing/trading is highly speculative. I got stopped out of a trade in October for a 13.9% loss.

Sentiment: Sell
Disclosure: Not Held
Current Price: $53.11
My Strike Price: N/A   


Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.

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