For Those Who Wish They'd Bought ARB at 5p (pt.2)14 Apr 2021 17:12
So, I originally posted this message in January of this year because of the large number of crap posts on this board when the share price dropped from 120p to 70p. It's still relevant:
I still recognise a few names from the 5p days of last year :)
But for the herd who arrived at £1+ and got spiked and now are desperate to sell out because the share price is dropping 10%, 20%. 30%, 40% etc... I want to give this piece of advice:
There have been many posts saying you wish you got in at 5p, 7p, 10p, or whatever. But do you know what it was like to be in ARB at 7p, when I first bought in in 2019? I, and many others who are still here, could see the massive potential of BTC and ARB. We could see the monthly reports stating that profits were being made each month. We were baffled as to why the share price could dip as low as it did.
But we stuck it out. We moaned and raged, and we contacted Peter Wall, who was great and started increasing communication to the shareholders to the state we see today.
I took advantage of the drops and averaged all the way down to 5.1p. I put up with my portfolio showing a large double-digit drop because I knew the potential. I felt sick and confused as to why this wasn't higher.
And the situation is repeating this week, but at a higher share price. We can see the potential for BTC and ARB. We can see the massive profits and mining margins that ARB posts, month on month. We know ARB is criminally undervalued in relation to its US peers. We know long-term BTC is going to be much higher. And so I am sticking it out.
For those who feel sick at the drop in their portfolio, who are desperate to get out, this is why you would never have bought in at 5p. Because you would have felt sick at the drop in value from 7p to 3p and you would have sold out at a loss. If you cannot be a patient investor now, then you wouldn't have done so at 5p either.
Think on it.
Sign In
Follow the stocks
