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This bb is clearly got more of the 'who knows best' and pretty much battling between arb/btc failing and rising. It's quite clear that know one actually knows what to expect day on day with btc. However, there's a very high correlation between the performance of btc and arb. Despite this, clearly if you're long it shouldn't matter, so I don't understand that constant arguing/debate with people that think arb is going down etc.
I get that you don't want people to be fooled into one way or the next, but it just seems like a club of supporters or opposition going at each other, without great substance. Makes great content I guess, but nothing can breed confidence than results. No tweets for/against, articles etc. Some of you need to gain perspective for sure
I think there's a cluster of new investors now amongst some of us older ones. Completely agree with both of you, but certainly feel it's important to see us get back to this year's highs, before moving further. Seems to me that there was similar talk last year. It's repetitive and just shows that we're very far from where we expect, however it's not a overly false position when I compare to some stocks. We're in a prolonged period of uncertainty imo. The pandemic numbers are improving, but now it seems that the economy is still on a bit of a lag in some sectors. Totally understandable. I just think some investors are just expressing impatience and hope.
Imagine buying below 100p and selling at 124p during a day like today. Only Argo.
Ok guys...the gov are briefing the nation. The gov are misleading. The Indian variant is getting plastered all over as the next damaging thing out of lockdown. This is clear. Don't see how that is confusing or 'putting a negative spin' on something that's there to see.
The gov will over exaggerate and start putting warnings out etc. So read into my post as you want, but clearly it's another short term hurdle to overcome. I have to laugh though when you reference the PM saying that vaccines work against variants, but when I mention a fact that the variant is being plastered as concerning, all of a sudden I'm confusing. There's nothing positive about this new variant is there or am I wrong about that?
However, the case numbers are rising, so that's going to send the gov into fear
People are trading like crazy
As bad as it is, it's also exciting
Well said. I'd be worried if we didn't track the markets to a certain extent. We know this can be an exciting share, but for now it seems it's not.
The perspective of the sp is really down to your own entry points. Any price can look good or bad in relative terms, depending on the outlook
Cekim, do you think that's all we need? Much more needed I think. It would help, but let's see how we perform now that we're open. Today is just a down day. Only circa 50/350 ftse 350 companies are positive, and only 1 in double digit growth. So that speaks for itself
Hold yes, but this is a bloodbath no matter what spin you take. ARB has fallen well over 50% in the past few weeks. £1 is approaching.
It will be an amazing ride back up, however this will take 12 months I think. That's dependent on btc too
I think we've finally realised this. Fun, we certainly skipped up. No fault of anyone to believe it would continue. Loads of investors may have sold at the highs, but many also bought. All along I thought it would take well into the year to assess the situation, but that's negative and I should sell my shares etc. This situation was brewing in the background and my cautious hat had a feeling this could happen. However, as we're so far from where we were, there's always the potential to grow. Just needs the world to sort itself again - which seems the most difficult thing right now
Many more variables involved than just opening news or RNS. If you understand that, then you wouldn't be disappointed. The sp reflects so many unknown factors. When it spikes up, we think we know why and vice versa. That's what I've learnt over the year. It's like when we announced we closed. It was inevitable, yet the sp fell. But common sense and optimism sent it flying back. I the difference this time, is that most things have been anticipated and there's not been a great deal of surprises to keep the price high or drop it back. So it's purely a waiting game. Q3/Q4 is the big one I believe. Hopefully people see good value, but who knows
Inflation affecting our sp is imo the least of our worries. Hopefully there's no overreaction and just a moderate fall. How many times have we seen this? That's the tricky thing with investing. You have fundamentals, economic news, political stuff, and other variables (pandemic etc) that impact on shares. Hence why I cannot see a sustained rise until there's a magnitude of certainty in the world, economies, positive outcomes for cine and positive sentiment for investors. Just looking at gov comments on travel, hugging, etc sums it all up. So much mixed messaging, inconsistencies and lack of direction
Be positive. I'm sure it will be alright.
Rampingggggg
Showing down on investing.com, although very very small and insignificant. Volume today was the lowest in a month I believe. A bit of a nothing day.
It's pretty much been like this since last March. We've had a great recovery, then a horrendous fall, then another strong recovery and now another drop. What the wider market does, isn't hugely correlated with cine. It can be, but never going to be like for like. I don't recall any ftse 350 doing amazing numbers over this period. It's all relative of course, but correct me if I'm wrong, but no share price has rocketed
Seems like too many investors believe in social media chat. This is exactly what the big boys want. Feed off rumours and bb chats. Realistically, why would any of those companies invest I'm in crypto? There's too many stakeholders that would have issues with it. If one does then maybe they'll follow, but publicly, I can't see it happening
Levon, despite all the perceived good news, which I'm sure will come good in time, right now there's still uncertainty. However, I do feel that the shorters are affecting things slightly and have a hold on things for now. So it is just a tricky period. Nothing seems to make sense when things aren't positive, but what I've learnt is that you can't expect certain news, facts, rns etc to push things up. I think the positive is that we're well below pre-covid levels - may just take until q3/4 to see the outlook and potential