Member Info for Blubay

I have a feeling an awful lot of traders here are waiting to sell on the news bubble, which is always a bit anxiety raising for investors. Hopefully larger holders will see the value in holding longer and hopefully smaller investors will understand that it will take longer to realise multibag returns. It's not going to x6 or £5 on this news alone! :-)

"I’d ride the spike and try and get out as near as possible to the top."

we'd all be a lot better off if we could do that reliably! :-)

trades going through at ATH now

When you asked the question the SP was 26.00... what is it now?

Good advice, there are lots of different strategies that people use but calculating them and writing them down (e.g. on a spreadsheet) can really help in those stressful moments. Occasionally it pays to rely on impulse but mostly it pays to be diligent and consistent. Set a target and stick to it, or revise in light of new information. Some people like to cash in or slice profit at 10% or 20%. Others are looking for a half and half split at 100% gain (leave half in but take back the original stake for other ventures). Other people have a long term date target. It's all good, just understand your own reasoning and you won't have as many regrets about hasty button pressing :-)

I originally planned to take a slice out of this at 28p, and leave the rest in to assess at appraisal results stage, but revised that that first cut up as more information on de-risking came along. Still have a figure in mind, might or might not revise again depending what happens next ... :-)

I would be surprised if the RNS came on a Friday, although it could come anytime. Might not be for a while but if it is coming soon then I'd imagine news on a Monday.

Why would it go to £5 before Christmas?

'interim' Chair, he'll be replaced before NAS I suspect

The changes are entirely appropriate to Argo's development. Steering an early stage company through growth and initial investment is completely different to directing a market leader. It's not at all unusual for early directors to move on and be replaced by business and financial professionals for next stage in company development. ARB is currently planning a step change in activity and probably business strategy/diversification. It's idea timing and the skill sets fit that challenge.

It's possible the early selling down was part of the exit and replacement strategy

Yes, my working assumption is that once institutional BTC adoption and accumulation is on track, and max BTC price peak achieved, there would be a strategy shift to capitalise on the hodl and differentiate from being simply a ‘miner’, just speculation obviously :-)

This is brilliant, thank goodness for giving it a shake and bringing in some grown ups at critical point in business development. Confidence, confidence

"It was a question based on LSE’s information Vs Google’s and Investing.com’s info"

Best to check the stock exchange for the actual share price (15 minute delay for public view), Google just shows the price of recent trades as they go through.
https://www.londonstockexchange.com/stock/ARB/argo-blockchain-plc/company-page

The medium term strategy is HODL against the rise in BTC, while increasing productivity, enlarging capacity, and sowing seeds for diversification choices. If all the ducks line up for early 2022 then BTC over $100k, table institutional adoption environment, largest mining facility on stream, Pluto and opportunities to diversify on the back of Taproot, by state digital currencies, blockchain fintech vision horizons massively expanded etc etc.

yep, playing against the broad sweep of the S2F model made a lot more sense than trying to second guess market volatility. The highest probability of maximising return on HODL in the medium term lies in the stretch between end of 2021 and run up to next halving. I've no doubt that was in the business planning and wouldn't be surprised to see a game changer strategy shift during that period.

massively undervalued for a growth stage company, with high profit levels, large assets, low debt and massive expansion plans in the bag, in a commodity sector with rapidly rising price point

the joy of Shiraz moments! I'm still sticking to my original play of 280-290p by end of Q3 and will be delighted if proved wrong on the upside. I suspect Q4 will be another world entirely, both for BTC and ARB

@fool

"Just purchased £1k at 154. For a long term Hodl."
"bought my first lot at £1.51"
"I bought my second lot at 0.91p"
"another 68 for me at the bargain price of £1.387"

If that's true then you should have a comfortable average that will do great if you can hold it for a few months.

as the data shows ARB has consistently outperformed investment return on BTC

https://www.tradingview.com/x/2henXYtp/