Member Info for BodRuncie

The US brokers need to get stock from London. UK sales keep it down. The post-4:30pm sales can be booked at the time, but need to be completed the following morning, 8am UK time, hence the sp often opening higher recently.

This should have been yesterday's price action :)

But what's one more day in the grand scheme of things?

UK price action feels strong today after several days of weakness. Hopefully the US won't let us down and will lift this to new ATHs this afternoon.

The trading volume has been so high on ARB since the start of the year, the issue of the Warrants is not much of a factor.

The recent ARB consolidation is down to a number of external factors: ranging from healthy pullbacks and churn, to the herd arriving, to consolidation in BTC.

The underlying fundamentals in ARB (and BTC) haven't changed in the past couple of weeks, this is just a pause before the next leg up. I took 15% off the top of my holding (avg 5.1p) to help me sleep better at night because this is a life-changing amount of money. The remaining 85% is strapped in for the long haul.

There's positivity and then there's desperate ramping.

Seeing posters like that on a share puts me off when I research companies.

$1.77 is about £1.25.

It's not 25% up on the UK price, if that's what you are thinking.

All in from average 5.1p.

why not hold longer for 10p?

Often, sitting on your hands is the best investment advice :)

Mining will get more difficult, which is why it's more important to look at margin when valuing ARB.

Mining will get difficult for everyone equally, but ARB has one of the best margins out there, meaning their head will remain above water while others might sink below.

So many new names on this board posting their opinions like facts without a basic understanding of the company or how it operates!

There's no point looking over past results for ARB, especially prior to 2019, because it was a different company back then.

It pivoted into the present-day company in 2019, and we have only recently seen the fruits of that reflected in the share price. Those of us who researched it back in 2019 could see what was coming. It just took a little time :)

About 85% of the company's entire share float have been traded since the start of the new year!

I've never had a problem buying or selling any share in the 4 years I have been with x-o (Jarvis).

Only £5.95 a trade too. Website/portfolio layout is great too.

Fair enough. Any ideas why London is ****ting the bed whenver the US markets open?

The US opening is stinking it up again, just like yesterday.

US shorters? US profit-takers?

I've averaged up with 8k shares at a fraction under 1.25.

It does seem like there is momentum trying to push this share up.

And yet, Hobione, if you'd sat on your hands yesterday, you'd be out today with 100% gain instead of 50%.

Sometimes sitting on your hands is the best investment tip there is.

That is brilliant news, Jabba. If you are uncertain, sell some to pay down a bit of the mortgage, and keep top-slicing at various points if it continues to rise. That way you get the best of both worlds :)

Still here, still hodling all of them. I first bought in at the end of 2019, at 7p, then continued buying all the way down to 4.1p. I couldn't get funds together in time to buy sub-4p, but that's because Peter Wall bought them up!

Avg 5.1p. I keep wanting to top-slice, but then in the short-term we have:
- full US listing
- 25% increase in mining capacity in Feb
so why sell out now? These two events will raise the ARB sp in the absence of any change to BTC value, so why not top slice at £1 or higher? And any increase in BTC is just the gravy on top of the cake :)

60p now paid :)

The big miners are probably down BECAUSE the funds are being redeployed into ARB.

Not a coincidence :)

I hope it's not their b-side "Movin' On Sideways".

And I really didn't like their song "Fibonacci Retracement". Highly derivative. lol.