Undervalued15 Apr 2021 15:46
First time posting here today, having watched from the sidelines for a while.
Have been invested in Argo since Feb. Topped up a few times and again today.
I'm weighted higher here than I have ever been in a single share, so days like today really make you ask questions.
I think the UK market is limited and probably already saturated, which is why we've seen a stagnant price recently. This has lead to some doubts, especially with bitcoin rising, leading to some sell offs, then stop losses triggered, large sellers in the background. A perfect storm for a falling price.
But there are so many positives with Argo, 'ridiculous' margins, a Nasdaq listing on the horizon (so obvious from q&a's) and undervalued Vs it's peers. With bitcoin rising, every day we are becoming more and more undervalued. Seems to me that it is just a matter of time before take off again, and when it does FOMO will return, massively.