I was going to buy ODX for 85p this morning but, having digested the info contained in the various posts on this board, I have second thoughts. One poster says it over-priced already and suggests it's not worth much more than 40p so I am even more confused.
Not the same exposure to Bitcoin though. This share was over 100p recently when BTC was in the $30K range. Now that BTC has hit £47K, the share is struggling to reach 50p. It must mean something.
Personally I will be satisfied with 150p but won't sell until it reaches 175p as I am not a greedy man. Watching Man City thrash Liverpool FC was good enough for me.
Nonsense. We are definitely NOT going to retest £1 any time soon. Bitcoin will reach $37,500 and get no higher so unlikely that OBC will get much higher than 70p at best. Still a nice earner but no point in listening to pump & dump posters.
Buy on the rumour, sell on the fact. May be prudent to sell before the results come out as, even if they beat market expectations, you can be sure the share price will fall.
The FT article merely advocates ARB as a HOLD and reminds its readers that the FCA tell BTC holders to be prepared to lose all their money. Hardly an encouraging article.