Member Info for barnetpeter

Noel
"#Ethereum below $1000 probably. Imagine how many stop losses set below a grand! the Market is smart... it knows what it will do..."

Peter Schiff

20m
"If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it can just as easily fall another 70% down to $6,000. Given the excessive leverage in #crypto, imagine the forced sales that would take place during a sell-off of this magnitude. $3,000 is a more likely price target".

52 Week Low 63.28
52 Week Low Date 14-Jun-2022

With bitcoin in the low 20’s and investment made by arb…I think they will need to write off a lot this year. Possibly as much as 20 million. Not going to sell at this level. Always said that Arb should be a 5 year investment. Not a buyer of more myself but can understand folk buying. Think it has more to fall yet and this summer is going to see more falls in the price in low volume summer months. I think Arb has lost its way for the moment and got the timing all wrong.

Since the price was this low! Like to add to my freeroll here. 0.8 or 0.9 perhaps is a fair target in this dire mkt with July and August

I said on here that the price cannot break through the 33p levels. This time because of the placing at 25p. The price has held above 20 pence before. We are now at 23p bid with July and August low volumes on the way. TEK has done well from the low 20’s as a trade on a regular basis. Any thoughts on where the lows might be this time?

Bitcoin over 4 thousand dollars down. Another big fall is likely this week with interest rates going up on thursday. 0.5 or 0.75? Or even a shock 1 per cent. Breaking below 20K?

not many finished blue today!

A well known commentator I follow reckons BOO is worth a max of 30p at this time. They overpaid for some names, need cash urgently, returns are way too high, competition is crushing the brand. That still means a £400 million mkt cap.

Me? I think that is too low and I will be looking carefully at any news with a two year timeframe. Not at the lows yet but 65p is tempting and below 60p? Hmm.

0.25? I doubt it. 0.5 or 0.75 is more likely

Arb was just below 3p a couple of years ago before the huge BTC rally. Not in a rush to buy more even at 25p. Interest rates going up this week sharply and forced selling now both in crypto and stocks. All got some to fall yet before we hit the lows.

Likely to fall to 38p this week unless btc rallies. Not selling myself. Not sure about buying more though. Lot of expensive debt secured on the btc holding. A big rally btc to 40 to 45k and boom. Maybe….?

I sold out in the 80s for a small loss. Now at 71p. Where are the lows? 60p? 50p? Cannot keep falling every day. Must get to fair value soon.

"EXPOSE: Argo Blockchain is taking you for idiots as more shares handed to its mates in stinking deal"

"t is back to that Helios deal which, as Boatman Capital revealed, saw Argo Blockchain (ARB) pay up to $17.5 million for land in Texas worth no more than $200,000. The owners of the company bought to acquire that land, DPN LLC, were former Argo stockholders. Small world Innit? Now it gets far worse".

Continuing comments on share prophets. I know nothing about these and only have a freeroll in ARB but would welcome some clarification from the company. The last results were poor but short term is nothing. Boatman Capital promise more on Arb in the future and i do wonder if this is reflecting in the falling share price? They are very active on twitter of course.

excellent news. Holding long term although in a loss. Tempted to buy a few more on a slow day.

Been in and out of this for years. you can always count on the company to disappoint and the share price to plunge at some stage. Has always been a fun money punt. Would not trust the BOD with much of your money let alone mine.....never been a bad move to cash in a profit here. Anyone can have a duster of course but lets just say I have no idea how the CEO is still here after the history of NTOG. The company is not run for you....

This was pushed so hard on Twitter. I would mind less if they said it was risky etc. nope. A “no brainer” etc. clon has been a serial disappointment for years. Got a small freeroll myself but boy did some pile in to this! I will keep my holding because always a chance of a big ramp in the future. Prem is up nearly 20 fold in a couple of years so you never know if they can scrape up enough to buy some licence.

This 4 day holiday is going to be very good indeed for this type of company. All booked up I reckon......how many folk are not going abroad this year having seen the travel chaos? Me for one....I booked and paid for a Cunard cruise in July for me and the wife. All suddenly cancelled (money now returned). Not enough staff. Rubbish pay.

Up every day at the moment. Back to the 40p placing price? Looks like it

Loads of Twitter today by Mac on all sorts of investment customers where they have a stake.