Argo Blockchai. Share Price (ARB)

ARB could theoretically "rise with the tide", if BTC spikes hard; It is likely that there are still enough ignorant sods out there who will FOMO into the stock, allowing some of the current bag-holders to escape. However, I think at this point one is better off going to the roullette table. Also, to those complaining: there are several posters here, that are more knowledgeable than analysts covering this space and who went thru the last bull-market as holders of THIS stock.

I don’t disagree but from 12p we’re talking max upside probably 70 ish percent, max (and much more likely) downside 100%.

I think bitcoin at $100k is enough. I think this would make it headline news on mainstream media and generate a lot of interest. Combined with markets running (indexes broke ATHs on Weds) to me the 100 level is the sweet spot.

I think Argo could go to 20 - but they have so many shares on issue now it would really take a proper mania phase to get good returns on it - and they'll dampen any run with a placing.

I'm really unconvinced Argo would follow a big bitcoin move now, after all BTC smashed through all time highs in mid March pre halving and the SP barely touched 14p.

Unless Chippas calls those Q1 direct costs are a one off and explains convincingly then Argo is a write off besides a M A S S I V E btc move like $150k+

Agree ss, and it feels like a run is coming soon. I think other miners will run more though.