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Seriously do not take any notice of calamity - adds nothing, filter, ignore.
Pops up whenever there is a fall in SP wether it be SYME, EUA, ARB out it comes, appalling individual.
This does seem finely balanced right now. Can see a bitcoin pullback causing further pain to Argo but equally if bitcoin pushes on north it could be back swiftly to 250+
I'm going to stay on the sidelines now but this really could go either way in the very short term.
OK....well I suggest you do your own research then....as you are "quite heavily in"....i wouldn't rely on a BB for that.
@pearls
As most of you know I'm no stranger to getting a bit of a slating on here as well I say it as I see it for better or worse
I said when the board all sold around the same time confidence in this share will take a nose dive and other folks give me a bit of a hard time but since almost that day we have been in a downward spiral
The MMs along with timmis are blamed a lot here for the decline but as I see it till confidence returns along with momentum this won't change
Who is going to put money into any share when the price is down day on day I for one wouldn't put new money in it at this time but as usual that's only my opinion
GLA
Star wars fan, says it all.
I don't see correction on 100m loan or rev....
Mark we have an unused £100million facility with the banks, a field in Texas, the ongoing operations producing 250 BC per month in H2 and at year end 2500 plus BC in the treasury at $60k plus. Thats what I call price support, any one seen my virtual dog lead?.
Very noble of you Calamari, thank you. I did think it was a rather out of character and uncalled for attack.\
Thank you, my name reflects the number of IPOs during which I've been on the board of a company and my love of star wars....I'm not stupid....except for being a major fan of the mandolorian :-)
Thank you JayBlu.
Valid comment.
That is how I like to invest and trade, I look to the future and to put simply, with the continued rise of BTC, I do see Argo gaining traction (expected it by now) and getting a move on.
I was just fielding opinions on more downside (short term) and could the numbers be a reason for the downtrend.
question: with the price dropping like this is it down to sell offs? or a market readjusting.
looking for an entry but not sure when to come in.
Markgolf, I wouldn’t worry about getting in at 190p as you’ll soon have the chance to buy around 150p.
I think it's safe to say we've all corrected you numbnuts...bye!
Pearls, How can anyone find you anything but entertaining- I’ve never known anyone so stuck (No pun intended) in the past, I’d hate to see anyone stamp down on your input as it really is first class and you always deliver.
I am fully aware, it seems that no one here is as no one is correcting me.
Bit old for internet snowflake arguments.
Time to go
Pearls, your comments annoy us because you talk absolute bull, it's that simple. I have no problem with people asking questions or having an opinion if it's based on fact, yours very rarely is and it's your forte....you are the definition of a troll in every board you are a 'contributor' it's like you have a problem.
Markgolf, you need to factor in future revenues when you do your research on income, including allowing for increase in bitcoin. If you don't think revenues or bitcoin will increase then maybe this stock is not the right investment for you.
Well how childish to be "in Argo quite heavily" without knowing the revenue and debt facility. DYOR and all.
Annoyingly for a lot of you no doubt, my earlier comment appears to be already attracting numerous folk recommending the comment.
Clearly a range of you agree with my comments : can some of you break cover so we can get a more balanced discussion on here?
Wow, post count = shorter? How old are you.
I'm in Argo quite heavily with shares and spreads. Recently rolled spreads out but they're back now for my margin trades. Just to be open. I am not shorting but trying to gauge input from others on the financials.
Ans their revenue is much higher than 45 Million......
Stand still would you.
Doesn't stop your bleating though squidy
OK, they don't have the 100m loan yet, but they're committed to it...
https://knowledge.sharescope.co.uk/2021/02/24/small-cap-spotlight-report-argo-blockchain/
Shoot me
Forgot to say for the month of July reporting in August
@squidrings - just in case your little brain is struggling or English is not your first language here's the quote from my post replying to pearls
"This guys has 16 posts, is lying in his 17th post and is clearly shorting this stock. It's all very babyish and so is your pandering to it."
Clearly I am talking about Markcrazygolf
People dont like loosing money, they will be bitter when the price falls.
good luck to all the people who hold. I am not in here but taking an interest soon :)