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Xenor,
Good Luck to you hope it pops above that so at least you get out with some profit, As for Sr123 he’s a fantasist I called him out once before, Just look at any trending stock either way and he will be there commenting away lol Seen he was telling all and sundry he was buying the big drop
In Amigo earlier.
I can see where you’re coming from Xenor with the rinse and repeat buying and selling. It’s frustrating for investors like yourself and me who have a higher average. I’m not selling out at a loss, my conviction remains strong for Argo. I will hold and believe that we will see profit in the long term. However, each you their own. Best wishes.
SR123 yes not posted here for weeks 500k I doubt he bought that amount and silence 3 days later!! He’s doing a lot of posting on amgo nowadays
"When it’s their time to jump out again there’s every chance Argo will be on a far more fun upwards trajectory again"
You mean like last time when it went from 135p to 200p and now back down to 140p today? Unfortunately traders don't make the share price move in an upwards trajectory for long. I wonder if SR123 is still holding that 500k he bragged about buying at 135p last month - he has been quiet recently.
I don't mind traders, they are welcome to buy and sell whenever they want. I just don't like it when people brag about "buying back in" as if they've pulled off something awesome by selling high and buying lower. They are the reason the price was tumbling to begin with.
I've lost all faith in this share to be honest. It's being traded up, sold and shorted down and people holding it are being done over. I want out but I'm not willing to take the 35% loss I'm sat on. If it goes back to 190p I'll take everything out and eat a 10% loss. I already de-risked some last time at 190p. Might even trade it myself at that point in small amounts to claw that 10% back.
Thank you Herdie, I’ll keep an eye on his feed. I was aware of some institutional buyers, but moving forward I’m sure he’ll through some light on more. Feeling good about Argo. :o)
Everup,
And they are coming in - Check out Mikk2k2 on Twitter and on here from time to time he gives a great run down on the funds that are buying in, And in time as the ETFs get signed off we will find even more institutional buyers - Its all good I hope ;)
For want of a better term, we don’t need pump and dump, we need steady, incremental long term investors.
For what it's worth, and as I have posted previously, I was one of those with weak hands when this drop happened at a similar time last month. SP then went up quite quickly not long after I cut my losses and sold out; I panic bought back in, pushing my overall average up from 170ish to 230p. I don’t plan on making the same mistake again. I will be sat on my hands until Texas and between now and then, there may be other good news like, you know...'that' market.
I genuinely hope that other holders on here are not stressing too much today / this week. It’s difficult sometimes to cut through the comments on here from those who want to see SP go down (and I don’t blame them, we’re all here to make money, right). Where way differ, is the way in which we are comfortable in making that money.
Ps A declaration: I’m a secret fan of Pearls. And it would make my day if he bought just a handful of Arb shares.
Xenor,
I know where you are coming from but the share does need those kind of traders especially on days like this as they’ve helped steady the ship as they now see it as undervalued, When it’s their time to jump out again there’s every chance Argo will be on a far more fun upwards trajectory again -
horses for courses, I prefer to sit and hold as can’t normally trade for toffee but they prefer the other route.
So many people saying "back in". When are you planning to be back out?
K3VMC, completely agree, some don’t understand how the market works.
Count resist sub 150 either - GL all
I’m super positive, even with an avg of £2.30. C’mon Argo!
Back in at £1.46, hopefully a reasonable buy in. GLA
Easy money by the half day!!! Must admit was a bit worried about 2 hours ago, But hey
See ! The tide is turning. Guys this share business is hard graft. Let’s try and be a bit more positive
HerveTheNerve
If you are not happy with this share, then simply sell ( assuming you hold any shares ) and reinvest in National Savings, that seems to be your level of risk.
Aspen
Herve
“ Ha ha ha! great timing, now $1.92 in the US circa £1.36GBP...yeh what a bargain!”
You need to learn how the market works. The weakest are fleeced first.
APart from the fact they are at £1.45, But hey why let the truth get in the way of a good old fashioned de ramp
Hervé,
That was 15 minutes ago. ARBKF is now above $2.
US all across the board including RIOT and MARA are recovering, ARBKF has recovered to $2.05, if you're looking at the Google price, it's delayed.
Live price: https://www.cnbc.com/quotes/ARBKF
Ha ha ha! great timing, now $1.92 in the US circa £1.36GBP...yeh what a bargain!
I think BTC could go at least 10% lower so definitely time to buy lower here.......and bring my average down.
At 145.33. Absolutely a bargain price. Thank you derampers. GLA.