Member Info for barnetpeter

What good news? Arb moves on the price of bitcoin. The company might buy more machines or another miner but no-one will care. The only thing that matters is the price of BTC. Currently 35,143.09 US Dollar. If this moves below 30K then timber. If above 50K then whoosh.

Arb is an option on BTC and will swing around life crazy. News is almost irrelevant

Added at 6p in November so has had some rally since. Paying over 20 times the price of a few weeks ago was always going to be risky! I am also on a freeroll now. Personally I think Arb has more to fall after such a monster rally with so many sitting on huge profits. Of course BTC could move to 50 and that would change things.

The placing was a big shock and increased the number of shares drastically. I never want to be out of Arb myself because I see a possibility of a huge move in the future but short term in the next 12 to 18 months, bitcoin could just as easily drift down to 20K as rally to 50K. No one knows....this was very undervalued just weeks ago but I cannot say that now. I wont be buying or selling more.....made my money here and got my position for no risk. 5 years time where will we be?

Not seen the stock this high for yonks. The days of hitting lows every day are long gone. Holding from average below 100p and see no reason to sell. Dividends and growing cash. 3.3 billion in contracts ...no debt, no pension liabilities. 200p this year

Closed at highs. Can see 16p plus in the morning. Low mkt cap and full listing so any green deal might propel this much higher. Probably a bubble and might well do a 5 million placing at this level....but sure is the right industry. Derisked myself but keeping some in case we hit 20 or even 25p.

Did very well on this earlier this year when the price tanked to bonkers levels.

An excellent analysis today on Stockopedia (subs only ....you can get a free trial).

" onerous lease provision (net £31.6m benefit)" seems to have reduced losses by that amount. I think the mkt is highly dubious of this which is why the price is well down today.

Cheap if the online sales continue strong growth. Expensive if the cash position is not quite as it seems with growing debts not being paid at this stage. Else why "significant doubt on the Group's ability to continue as a going concern"?

Who knows where the price is going though? Could easily rally higher.

Took a small punt at 0.2 before. 5 million and some good Director appts on board. Could easily soar on news of a deal.

break below 40p before a bounce. I reckon about 36p will tempt buyers in before a sharp bounce back to low 40's

Wow. Now this is a rally. Based on the crypto stake I guess.

Poor mkt response to this rns. Too many shares around, dilution. Last dilution/placing at 7.5p and too many sellers.....some taking a loss I guess.

Well done to all that bought BP at below 200p. We have also had a divi. Not selling any of mine as I see 390 here. Fair dues to those that want to take a very good profit in a short time.

I said this would fall 10K and got ****ged. Bitcoin is very volatile and swings around every day. It might hit new highs tomorrow. Who knows? Arb was way too cheap at 6p in October and is now way too high with bitcoin just at 31K. MMs are nervy about a rally latter. This stock is for gamblers like me. Not an investment. Its a punt. A fun one on the way up.

21/10/2020 15:05
Settlement: 23/10/2020
Price dealt: £ 0.06384

Bitcoin is very volatile and is up a huge amount since I added Arb as above. Long term on here. If you are a novice only bet what you can afford to lose and ignore those saying "easy money". The easy money from 6p and lower has already been made. Ignore the idiots on here and make your own mind up with your money. Holding myself but at a freeroll so nothing to lose. Good luck.

To allow online and sports betting is likely to be Texas. Monster. Huge. Only California is bigger.

Will be very happy with 80 p the placing price. Bring it on and I am out of here.

Lol I have a free roll here and I am stuck with you til the end. Arb. One of my best ever investments. Low of 3.83 buy. But hey it’s volatile! Bitcoin fell 7 grand last Monday. Even those who follow it for a living call it a 50 50 gamble at this price. Wait for a pullback if you are not already in. The quote of the day today...there are 50 per cent more stocks at 100 plus times earnings than there were at the height of the dotcom bubble. I am selling stocks not buying. So many are up 5 or 10 fold already. Some twitter ramps today on gdr. We might yet get a rally for those who want out higher.

Absolutely! It has been an amazing run! Those new to bitcoin are recommended to read the daily coin base articles. They give a fair and balanced idea to where btc is headed. No one knows of course but there is total agreement that the price is going to be very volatile. On that we can all agree.

You are right but you will just get insulted. Nothing much left here. The U.K. government for one has got containers full of testing kits sitting in a container park. Dozens of them. Meanwhile the directors here are being paid very well indeed. There are no orders and no revenue. No real interest in the shares apart from desperate private investors. The big money was made here months ago when it spiked to 300p and even after the 80p placing it hit over 180p. The only buyers are those averaging down in desperation. Mostly novices. Meanwhile loads of other non Covid stocks are flying as the vaccines get produced. It’s a learning curve to leave a stock which you want so desperately to succeed. It’s the way of the markets. Eventually you either learn to put your money into winners or you go broke and leave the stock mkt.

This is finally at the 1.85p placing price on the bid. Plenty of selling there I see by primary bid placing buyers. The volume needs to be higher to clear those out. Been a long wait. Will it now push on higher to about the 2.5p level? I cannot decide.

You are right but you will just get insulted. Nothing much left here. The U.K. government for one has got containers full of testing kits sitting in a container park. Dozens of them. Meanwhile the directors here are being paid very well indeed. There are no orders and no revenue. No real interest in the shares apart from desperate private investors. The big money was made here months ago when it spiked to 300p and even after the 80p placing it hit over 180p. The only buyers are those averaging down in desperation. Mostly novices. Meanwhile loads of other non Covid stocks are flying as the vaccines get produced. It’s a learning curve to leave a stock which you want so desperately to succeed. It’s the way of the markets. Eventually you either learn to put your money into winners or you go broke and leave the stock mkt.

24h High
42,000.18