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WE NEED P W to give us some good news might be good if he bought some shares. don't panic sell as this will drive the price down further this is a good price to get arg at the moment. just my opinion
I will not be selling i am buying this is a fair price for ARB @141
Who knows where the bottom is with Argo : I thought 150 but that’s well gone and to b honest it makes no difference what btc is at the moment we are just being hammered along with all miners, it’s hard but by selling it just makes it easier for the mm to drive this down, it could go below a pound or could b £2 by Friday that’s just the way it is at the moment ,but tbh PW doesn’t care and don’t think for 1minute he cares why should he , btc still amazing profits amazing, no dividend to pay nothing changed for him in the slightest; 1 thing matters and that’s the btc price , that’s what I said before there’s no WE with Argo it’s not our profits it’s not our btc it’s not our Texas ,at the moment Argo getting richer shareholders getting poorer, and if he needs money just dilute; fair play he’s a genius let’s b honest he can’t lose
Not a deramp just saying how clever he is , everybody on here was right ,I was wrong he is a genius
Ian
“ PW doesn’t care and don’t think for 1minute he cares why should he”
Please don’t say that! You are making me very sad and sorry for myself. I can feel my lip starting to tremble.
* Very sad face * emoji
Sorry but true , when I bought I knew there was no dividend,so what did I buy for ,the sp spikes and rising btc , but as a new buyer what is there to offer from Argo , ? Sp falling not following btc ,no gains the btc price could b 2500 and I think it will but unless sp goes with it we get nothing it could b 2500 and still £1 , you may think rubbish but look at it 55 btc and 140 you would have said I lost the plot is all I am saying is I don’t know what would bring new blood in , serious views back plz
Seriously it's time you sold up and left. Why stay and be so miserable?
I am not selling like I said I think btc will get to 2500 ffs , just asking why would somebody buy this share , I always ask ? That people don’t like to ask only asking for everybody’s opinion that’s all , ism deep in like many ,
Ian, sorry. I mistook your post as just moaning and hand-wringing because the CEO doesn’t care about you. My mistake.
If you are really interested, I’m invested because ARB has $50m in the bank and will make $100m gross profit in the next twelve months, plus building a kick-bottom, cheap energy facility in Texas.
Why would I NOT invest?
its unfortunate on days like this that the research and fundamentals that investors look at when buying in seem to get thrown out the window and they take the lemmings view of the share price changes.
take your OWN view based on your OWN risk appetite and personal situation, don't just follow the crowd without justifying your position.
Why would people invest in ARB? :D
They're mining about $250k a day of bitcoin at 80% or so margin and are in the process of expanding their operations to mine other coins from a new, high tech facility due to be operational in Q1 2022.
Comparable companies in the same sector (albeit less diversified) and mining less have SPs quite a bit higher than our current price.
The company are good communicators with monthly operational updates, Q&As, videos and a relatively decent/informative social media presence.
They've invested (with a healthy holding) in equipment producers and another DeFi organisation due to list and already making very good money.
The main 'commodity' they mine is slowly being accepted by more institutions, many of whom said they would never accept it.
There is more but that is just a quick 'off the top of my head' list of things as to why someone might want to buy into a share that has retraced from an ATH of £3.40 only two months or so ago. If I wasn't already invested i'd be looking at Bitfarms having just listed and the above, particularly the potential diversification of Argo as a BLOCKCHAIN company and thinking this was a good price.
Who knows, anyway it's all good!
And just to think I was disappointed to miss the £2 placing price.........
Solid top up at 1.42! Lovely!!!
ARB is making serious wedge every day!
Good luck all!!
Successful investing is all about looking at the company now and what it intends to do in the next 12/24 months, and not the short term sp movements.
Day trading is precisely what it says, small amounts now or much larger amounts over time, it all depends on your perception.
Aspen
That’s the nutty thing about the mass US tech sell off our fundamentals haven’t changed one iota we are still on track for another month of record profit, Btc is happily going about its business totally unaffected by the big sell off and we are still raking it in due to that,
Some people seem to misunderstand that whilst the company can be making money hand over fist with their BTC hodling sadly this does not have any reflection in the share price.
Bucket of course it does, Short term we are bleeding with the rest of the stock market but the company’s making serious money month after month and will be making even more shortly and sooner or later that will be acknowledged and off we go again,