The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Mniy, as you well know, your figures are incorrect. Time and again, cretins like you turn up spouting nonsense. You are clearly not trying to understand anything, but you are trying to undermine the share.
You are obviously a waste of time, but this is for the benefit of the less experienced investors who can have their confidence shaken by fools like you.
I don't think we need to beat ourselves up about this. There are plenty of profit takers on both sides of the pond. and this is why:
Zoom out and we were around 10p at the end of November, 40p end of December, 90p end of January and 250p now.
Don't think of it as profit or loss.
If you invest £1,000 and it's now worth £800, you still have £800. Now invest £800 wherever you think you'll get the best return. Effectively you should do this every day in every stock, but it's clearly not very practical.
Too many of us sit on a dog of a share hoping we'll get back in the black, while the better opportunity sails off into the distance. (Argo pun intended)
The Institutional Investors who would buy ARB on OTCQX will need to take a while to digest today's announcement before they jump on board. In contrast, the moment we list on NASDAQ, Robin Hood and his merry men will be buying in droves on day one.
I would expect that next week will see BTC settle down, volume in the US move up as these IIs join in, and then Argo drop some very nice looking numbers for February.
Enjoy the voyage Argonauts
I assume SGI holders assume the holiday applies to trading this share too.