Member Info for barnetpeter

Amazing how punters see dire news and then convince themselves the next day the stock can only go up because it has fallen so far. The 100p level is critical.....holding above that level for now as punters buy below. The real time to judge is not this week or next but in January. I think 75p to 85p is likely here or lower if an update is issued that is grim.

No nothing. The chart position is dire with the 100p level breached. The next few months in the U.K. ….weak time for sales, tax rises galore, energy cap raised will double costs for millions, possible lockdown in January. Returns galore. Shorts in control. Boo needs more cash urgently. Not exactly a bullish case short term. Longer term the company may recover for those happy to take a punt but at what level? I doubt this is the low. Watch for a bad mkt day and the kicking the price will get then

Some big hedge funds think you are wrong and seem to have a lot of information so don’t be too confident about your £2.

£34 high this year down to £5.5. I doubt there is much left here. This stock and Boo have wiped out a lot of those following a certain site and pundit

Yes but William hill hit 29p last year at the lows. Went up 10 times when an offer came in. I reckon Boo can recover in time but why the rush? The shorts see lower, buying just helps them. No rush imo. I see 85p but if the mkts turn bad then just cuts daily will be the normal esp if the hedges just sell and sell. They seem to know too much

Don’t know. He was very bullish of this and BOTB. His opinion only as he stressed many times. Both have been a disaster with BOTB looking really ugly at 550 having been over 30 pounds this year

My long experience tells me the day of a bad profit warning is not the time to buy a stock. Sometimes a stock is worth buying if the rns is good and the traders want out….but I reckon this 104p is not the low. If you want to buy here I reckon another 20 per cent off is a fair buying price so around 85p. The amount of short interest here….the big boys sure had done the research. I suspect they will close at the next placing. Something like 75p. It will all be planned of course…these funds do not gamble hundreds of millions on a whim.

Dont forget huge tax rises are on the way next year. Frozen allowances, Council Tax rises, NI rises....plus energy cap explosion of at least 400 to 800 extra. The mkt will take all this into account. Short term pain and they will need cash I reckon......not that much held.

Bought at 139p yesterday......looking for a small bounce to take my loss. Not given up here but better opps elsewhere now

Where is the end? 115p is not the low after this warning. I cannot see how this holds above 100p. The shorters have made a fortune and I see no reason why they should close now. Huge mkt cap for a company that may be ex growth and with covid raging. Xmas parties are being cancelled everywhere and we all know there will be a further lockdown. Jan and Feb will be dire for retailers again.

Traders will be all over this stock but in a few days, I see the fall continuing in this weak mkt.

Well if not the bottom I will continue buying as I see amazing value here at such a mkt cap. Been in Mac so many years in total and it sure has been a rollercoaster.

Added a few today at 2.64p. Allowed me a week settlement at no extra cost. Mkt rather weak it seems so we may go lower and towards 2p or something.

"The Bank of England has said that bitcoin could be “worthless” and people investing in the digital currency should be prepared to lose everything".

bitcoin investors are sitting there in panic over this. The BOE has a reputation of always being right. The food banks for crypto investors open in the morning. Wiped out.

Anyone notice a bit of irony there....

on HUGE volume relative on a quiet day. ARB is likely to finish UP 800 to 900 per cent this year and will be one of the TOP stocks of the year so folk moaning about the performance......us long termers are not. Let us hope we get another year next year like THIS one.

That would see Arb at about £8.50 by next Xmas.

You are missing that you can now add a few below 90p!

52 Week Low 10.25
52 Week Low Date 16-Dec-2020

Here it is. The break below that crucial 100p. Where next? I see no bounce yet. 80p? 70? Dont know. I will be adding myself. In small amounts though as this is going lower for now I reckon

Technical watchers say bitcoin may plunge to 32,000 dollars in the next few weeks. I think there is every chance. But it matters nought to me. Arb is a long term investment and it will go up and down as the most volatile stock on the mkt. treat it as a 5 year core purchase and ignore all the noise. I expect a heavy fall next two weeks up to Xmas. But who cares? Unless you are a trader…..

Bitcoin is looking weak so I reckon Arb will be available to buy at around 97p. Below 100 levels. Usually there is plenty of support at that level. Will you be buying?

10p was the 52 week low. I think somewhere in the 90's or 80's even is a fair buying price. Could easily break even lower but then look at the 52 week highs. Could easily rally big time next year. Exciting opp here but I sense a bigger fall yet so patience?

52 Week High 312.50
52 Week High Date 22-Feb-2021
52 Week Low 9.925
52 Week Low Date 11-Dec-2020