Member Info for BestGuessing

I wouldn't count on it...

The last few monthly results announcements have been meet with huge fanfare and shouts of "Moon" but the reality is, they results normally match what was already expected (which is very good don't get me wrong) which is already factored in to the price.

We haven't had any jump in price on the last two months updates so not sure we will get one this month

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Why is 55K of any importance?.

My next target to break is to break and hold 57K

#JustSaying

Have to disagree on that front...

I think we hold this price going in to the weekend and seeing 40% increase from the lows this week would be good viewing...Of course we all want it to rise much quicker but a bit of profit taking and stability around this price would give me more confidence of any move higher after that.

I'm averaging around £2.30 and am more than comfortable holding my losses but would like to see any increase in price a lot more controlled shall we say :)

I'll guess at £1.87 today with a push up to £2.15 tomorrow and close for the weekend at £2.05

Might very well see a bit of a retrace from these levels after a 40% or so rise in a few days...some big traders may be happy with their quick profits.

Fully expect this to be a long term success though and am holding but just looking to put a bit of perspective in amongst the the posts of "here we go"

A break and hold of £2.20 takes us back in to the previous range...That would be my first target to obtain.

Deej2: I'm massively down (entry points at £1.20, £2.40 & £2.80) and had to say, at first, I was really nervous when I saw the break of £2.00 and for a few minutes considered my position...

But then forced myself to take a step back and reconsider why I invested in the first place...I invested for the medium to long term (min 6 months) and nothing has changed massively (ignoring SP) as to why I would change my analysis...and feel so much more comfortable.

If you are in for the longer term, sit and hold with a smile but if you are trading, then might be a good time to cash out

I'm certainly in it for much much bigger returns and happy to wait for them

28jaczar01 If you think that people who are reading chat boards online are going to significantly move the share price of a given stock because people start posting lots of "to the moon" type posts...investing probably isn't for you.

All my own opinion of course :D

Was a rushed post and could have been a bit more articulate but I was suggesting that as they stand today, they are progressing as planned and have hit the targets, profit rates and hash rates they were expecting whilst BTC is rising in line with most peoples expectations so would think all of that has been factored in to the share price.

The future plans and expectations for the company are very, very promising for all of the reasons you list...the key two points for me being the greening mining approach and the stake in Pluto.

Aside from those two, we have future growth rates (which are always needed just in some capacity just to stand still) expected to uplift when Texas comes to fruition, should have a positive impact...but whilst they are being built and developed, they are plans and not reality hence why I say the fundamentals are moving along as expected for the time being.

I'm long term positive on ARB but think its always wise to try and avoid getting caught up in the hourly price movements and starting to shout and scream when it moves in either direction

It does raise a smile when the board goes from "Doom and Gloom" to "Bouncebackability" and everything is happy and smiley again...

Reality is, we are up 10p or so today after falling 80p (depending where you have your trading ranges)...Price never goes up or down in a straight line and this could be the "gap closing" and its a move back up to the £2 range...or it could be a small bounce before a further retrace.

My guess is the former but, in an attempt to bring a bit central thinking, lets not get carried away.

I was first in at £1.20 and have bought in at a high of £2.80 and again in between this range. Fundementals of the company haven't changed this year, targets and profit margins are being met each month so no reason to change my thoughts which is this is likely to be a very strong long term growth company.

Good luck to all those trading and excited about the hourly price change and I hope you make money...for those investing for the long term, I'd like to think this is just one of many retraces to allow profits to be taking and investors to get in cheaper where they can on a long and positive journey for the company and the share price.

Yesterday the board was mostly doom and gloom as the price had fallen outside of the usual range...

Today we are seeing lots of posts "moon", "Boom", high price predictions by week end, thanks for the cheap shares and so on...

Yet we have moved about 10 pence or so back in to the range we were in the last 6 weeks or so...

I think people need to take off their doom and gloom hats, remove their rose tinted glasses and see this through unbiased eyes for a change...

I posted yesterday that I had opted to top up and am now far too heavily weighted to a single company in my small portfolio but I personally believe in the long term prospects...But lets try and get some middle ground views and try avoid the extreme emotions when looking at the SP.

Whinge over :D

OH...and still a buy for me at these levels.

AAAHHH thanks KPM...You're the best too...you cheeky Monkey.

Although...out of curiosity, what was I guessing at again just so I understand...and secondly, just for reference, who was suggesting that ARB was following BTC?

II now showing as closing price of £2.09 which is more of what I was expecting to see

II showing the closing price at £2.25...Anyone else seeing that?.

Meant to add, I managed to buy in at £2.196 so hoping the bottom of this range holds short term to further strengthen the support

Tend not to post my of my opinions other than some charting bits here and there...but my current take...

I've been watching this for a few months now and originally bought in at beginning of Feb around £1.20 for a small amount and after seeing the massive rise and continued positivity in Crypto, bought in at a much larger volume at £2.85.

After watching this move sideways for the last month or so and having seen BTC rise and fall the share price has remained in a tight range between £2.20 and £2.50.

We have had expected news in terms of monthly updates (in that everyone expected them to be really good and they were), there is a lot of noise around uplifting to a bigger exchange, we are talking about green mining, we have expansion plans (which I suspect won't be so much for growth but in order to stay at pace with the market) which is all good news...

In the not so good news, we have a major share holder reducing their holding and we have had a share dilution recently which isn't great to see...

In all this time, other mining companies have been seeing good increases in last few weeks but you have to put that in to context of how far ARB has come since the start of the year.

My overall view is that Crypto is gaining speed in terms of adoption and will become more and more mainstream in the coming 6 to 12 months...on top of that, green mining will be a big attraction for a lot of people and we should be well placed to take advantage of that.

On the assumption that Timis shares are all but gone, I would like to see this start to move forward...add in to the growing BTC price, add in to that long term Crytpo adoption, add in to that a possible exhange uplift and finally, the fact we are at the bottom of the trading range...has all added up to me investing another lump sum of money in to ARB for a 6 to 12 month hold.

It does feel like doom and gloom on here sometimes but peoples expectations should be set for a minimum of 3 months not 3 days...unless you are day trading of course and if that is the case, I wish you luck.

At these levels, this is a BUY for me.

BTC just jumped in an ATH

Need to break and hold 62K to "fly" as you put it