Member Info for barnetpeter

The move from 2.5p to 17.5 in just two weeks gave PIs the chance to make plenty and clear all losses on Arb. It was based on nothing. Bitcoin did not move and the sales of assets at huge losses hardly helps. Many cashed in. The possible profit was about 700 per cent. I made about 180 %. Very pleased with that and added to a freeroll. Now the fall is starting and 5 to 6p is likely. I hope many LTH cashed in and averaged down...even if that was desperation. Smoke here....but very helpful to many who punted here and made a packet.

Now 25p. Those who bought the “bounce” at 33p are already well down.20 pence next week and may be worth a lot less. The company needs to cut costs drastically and reduce directors. Quickly.

The update yesterday was dire. Dreadful. Significantly below expectations. No idea why people rush to buy this falling knife. Cash burn is crazy. We saw deepmatter collapse in price from 2p to 0.05 and then delist. These small bio type companies are very risky and here we lost. If you want to add wait a while imo. The price is going much lower .

"We have 2.5 million Umbria tokens which are valued at £NIL, but have a current sale value of $1.50 each, so in theory might have been ascribed $3.75M in the books, but weren't because of the crypto volatility and issues with the wider crypto market/future".

OBC...very volatile and often a big spread on slow days. top of the leaders board on thursday. If crypto recovers this could ten bag. Done it before.

Huge volume with 5000 trades. Some massive buys.....

$5 Trillion In 2023? Former Crypto Billionaire Doubles Down On Huge Bitcoin Price Prediction

Arb could easily explode if Bitcoin rallies hard. It sure is risky but the herd are betting BIG TIME.

What will Friday bring? My guess is massive trading. I reckon Monday will exceed this.

A couple of years ago, ARB was the biggest in volume traded on the entire UK stock mkt. 20,000 trades a day was common. Folk sure want to punt on this!

used a bit of arb profit to buy a few more at 2.06. Will buy more tomorrow and next Monday and Tuesday and....

Yes it looks very weak now. I said it would fall back to 140p which was the price for a good rally before but it just looks like a falling knife. Cannot get involved again until the chart starts to turn up. A 50 per cent rally last time for traders like me and I see that again soon but from a bit lower

Breaking out hi blue. Really need the herd to drop in. They did at Ncyt as predicted then they found arb which has been up today 7 fold since 19 dec. still holding waiting for this fillet. From 9 and a bit. Forgive me if I sell half it this gets to 20 before next week

I did and I just sold some more at over 15.5. That is 600 per cent up on the lows less than two weeks ago. I cannot see much has changed and that is a thumping profit on the ones I punted on recently. Hoping to sell more at 18 and 20p. The herd is here and i anything is possible but I want some cash back and to increase my freeroll

If Arb are smart they will look to raise 10 million in new cash in a placing at 10p. That will help stabilise the company. That dilution will not matter a jot if bitcoin rallies sharply.

This is why the share price is collapsing. Materially below. They raised a lot of new cash in a placing recently and said little about these isssues. The mkt is not going to be impressed. On quiet slow days the price will slide a lot further. Won’t be able to raise much new money after this shocker

Profit warning. Dressed up. Only have a small amount invested here. Well down of course. 20 to 25p on the way. If big players start dumping and shorts too then 15p is easily possible

Yes arb has made a lot of money for some. I punted at below 6.5p myself and was going to take 10p but up popped 11.7p. Thank you. The amount of trades is fantastic today but will this continue? I am dubious myself but I have made a good bit on Arb before from 2.9p until 240p although it went higher. Ncyt had a great run last couple of days but now it is falling back quickly. New year, people want to punt to pay the bills! I could see 14 or 15 perhaps for Arb but more will need much more as those that bought at the lows cash in a big profit. Well done to all that took the chance here!

Malik....you may be right. I took a couple of punts in the 6p level and was hoping for 10p to grab my cash back and increase my freeroll. Up popped 11.7p to sell. Wow. The start of 2023 is seeing some big moves on bombed out small caps.

A good time to make some money and reduce risk. You may be right though in a few days!

yes I am holding. Looks very cheap and they have some decent profits. Only a punt and from 0.05

Holding unquoted can be hit and miss but I have had some spectacular results over the years with a couple of 10 fold plus profits. At some stage, a company will want to buy out small holders and / or relaunch. In some instances that can be at a huge premium. About a year ago I noticed an unlisted share was showing a huge profit on an account. Oh sure I said and pressed the sell button to sell half. I expected a no trading screen to appear. To my amazement a contract note popped up. It had relisted on a minor OTC USA exchange and exploded. I was pleased i did not know before as I would have sold at breakeven. I sold the rest shortly after. Paid for all the unlisted stuff I had.

I have explained...the price of this will move up in the next couple of months and then dive as lab grown meat is found to be far too expensive and of little interest. I will sell and take a profit. You on the other hand will do your @@@@ dreaming about this. Just another fad. The people who say these products are just another fad are much smarter than me. I have now realised from research how incredibly expensive this is to produce. No one mentions this do they?

So yes I am holding but not for long.

I have said this will end 2023 much lower in price. We will see if I am right wont we?

In todays press. This has a low mkt cap so may well go much higher but the tech may well be way over hyped. "The hyped-up stocks that will come crashing down in 2023" is behind a paywall.

I would add the cannabis stocks from last year that crashed from bonkers prices to less than a penny.

My guess is that BSBA will end up well below current prices at the end of the 2023 year. I think this entire industry is over hyped and will achieve nothing. But that does not mean the price will not do well in the first few months. Naturally the rampers will **** me off...but I am used to that and could name 50 stocks that I thought were way over hyped and said so on LSE. It is so easy to get carried away. From BOO to ROO to MARS to ANGS to NCYT (bought those at 63p a few weeks ago though on expectations that COVID was going to return. Could be a big winner this month). TEK (very similar).

Just because you buy a stock does not mean it is fantastic. You may be lucky or caught it at the bottom. NEVER trust rampers....they will sell and disappear as soon as things start to go wrong. So many get spiked and ruined on chasing the dream or believing the hype. Never forget to take a profit and protect your capital.

"Fake or substitute products are another good arbitrage opportunity. Like electric cars, demand for ersatz plant-based meat has plateaued. Oatly makes an oily emulsion it sells as a milk alternative. Its share price peaked at almost $29 per share in June 2021; last week it was down to $1.56.

Beyond Meat, a poster child, reduced its sales forecast and cut its staff. This year I expect lab grown meat to get its reality MOT, too. Although the sector has attracted investment from big guns like Richard Branson and Bill Gates, it’s creating a product that nobody really wants.

Did you know that the vat-grown cells need to be placed inside tiny exercise machines for a lengthy workout, so they resemble natural muscle? That isn’t cheap, and you may as well rear a cow".

Yes I got this completely wrong. I need a 5 fold here just to break even. Could have taken a punt here and got out flat as I bought in the primary bid placing and that was heavily scaled back. But I dont like the company.

I would still urge punting money only as they will go broke in a month and not to get greedy if you have a good profit. The Board has no idea about business etc and I simply dont trust them after such a huge fall and getting through so much cash but hey what do I know?

Looks like below 20 pence to me. Got to be worth a punt at some stage but when

Now below 6p for a punt.