Member Info for CaneToad

"Why do they need a THIRD broker? Are they flagging a capital raise?"

The House Broker is basically paid to write nice things on the company. I tend to ignore those, but it's generally a good thing for the share.

Note: there are 24 contributing brokers and the price target is 5700p.

@Porsche

Amazon is on a P/E of 52, with price target 25% above spot. They are also incurring higher costs. All companies are
ASOS is on P/E of 21.6, with price target of 5700 from 24 brokers (89% above spot)

Should I believe: (a) some Porsche driver who only ever appears when the price drops... or (b) 24 brokers?

Similar story for Boohoo.

@reaction: It seems ridiculous to me that anybody would have included the West Newton licence, when it wasn't fulyl permitted. A non-permitted licence has zero value...

On Wresstle alone, I'm planning to add more here.

From what I can see, the economics of Wresstle alone justify the market cap here.

"Since being returned to production on 19 August 2021, Wressle has generated in excess of US$480,000 net in revenues to Union Jack"

Can anybody also explain which of the other licence interest are permitted? Presumably Wresstle is fully permitted as it's already producing...

Can any non-troll please explain the implications of West Newton being declined. What percentage of future profits was that compared to the other licenses? From my understanding, the main development was Wressle?

I'm heavily underwtater on this, but the fundamentals are still good and I'm staying put. There's no debt and lots of cash, they have lots of good products coming and an expanding sales team.

As always, private 'investors' (unsuccessful, short-term traders) choose to voluntarily lose money by selling their shares below what they paid for them...

Being dragged down today by Boohoo, who've also dragged down ASOS. Also, some poor sentiment coming from the US markets. In other words, all the normal market stuff!

https://www.coindesk.com/policy/2021/09/29/gensler-reiterates-support-for-futures-based-bitcoin-etfs/

"industry observers expect decisions as early as October."

That could be a huge boost to the industry. Very exciting. It's clear than the SEC is not going to banning BTC like some ill-informed doomsayers think. It should start to recover once that FUD clears.

@Poptimist: "Other miners up, ARB back in the red. WTF? "

Pops, ignore the pre-market NASDAQ prices.

Look at the close results that I included below. They're all tracking BTC. Sure, there are some fluctations, because we're 'correlated' to BTC, but not 'proportional' to it. The second-by-second moves are coin tosses and you'll go insane trying to interpret them...

Anyway. I thought you were a long-term-holder. Why do you care about second-by-second moves? You sure you're not a trader.....

@Misterbeck: "BTC up over 4%, Constructive thoughts please..."

Nothing is happening. 4% is nothing for BTC. There's been no significant movement in a week. It's all within the normal daily range. It's useful if you're trading 5% BTC/ETH moves, but that's about it.

FYI. I'm a BTC bull. I have a decent holding in all of the miners, BTC, ETH, but let the numbers and chart do the talking. Patience is what's needed.

"Other miners up today in par with arb."

I agree that the pre-market is up for MARA and RIOT. Hopefully that will continue, but I'm not going to get too excited until BTC breaks back above $45k. It's just 'wobbling' about. The past few days (close-to-close returns) as follows:

Date MARA RIOT ARB
2021-09-24 -4.03% -4.97% -7.75%
2021-09-27 -2.79% -0.57% -2.75%
2021-09-28 -6.88% -7.17% -5.97%
2021-09-29 -6.53% -3.53% -0.67%

I don't see anything in those numbers that tell me that ARB is doing any worse then MARA or RIOT. They're all a bit cra*.

@Poptimist: "On cue bitty down, SP a miserly 120p. Sorry guys, dismal and NASDAQ looking less than successful so far. Ducks head."

Keep the spirits up Pops!

The current share price moves are nothing but noise. Our fate is 99.99% tied to BTC and the general market sentiment, which is weak. All crypto miners are suffering the same fate. RIOT and MARA have suffered worse than ARB lately, so I think it's far too early to say whether or not NASDAQ is successful.

If you believe in BTC, all is fine. Turn off the screen and come back in a month. If you're wary of BTC, then create an account on FTX, Deribit or Binance and buy a put option. FYI. I'm positive about BTC, but tend to hedge my bets.

I started a new and large tranche; this is 100% controlled by fraudsters manipulating the market.

That's all this is. Total manipulation. The UK markets are sadly becoming a total joke and backwater of stock manipulation.

Kindness: "I received a email regarding the interim results from a market leader and the title was Boohoo Cuts FY Guidance, Sees Cost Headwinds Continuing in 2H."

I also thought the results were excellent. The heading that you highlighted is because the brokers want you to BUY or SELL so they generate commission. They don't want you to sit on the shares. It's a terrible conflict of interest and I don't think many people realise it. They try to cause as much chaos and talk about the share as possible.

It's funny how different people can have different experiences with a compary/share.

TED has been one of my most successful companies to swing trade over the past 2 years...I'm in it now and I'm looking to open a second tranche! Secondly, though not related to the trading is that I actually buy TED clothes/suits etc. and I like the brand.

@2phevs: Hey, good articles. That might be the reason, but it's still v. quiet. I like to tell myself that demand will eventually translate into business wins, given the niche nature of the market.

Re: RMM, yeah that's me. That hasn't (yet) been my best investment. But here's hoping it changes. I'm a copper- and EV bull.

Indeed, this stock is a mystery. I've never worked out any logic to its rises. I can't understand the short interest.

It seems that the market wanted a divi. I'm not at all interested in it. I'd rather see that money stay on the balance sheet. The outlook goods good to me, with incredible value compared to peers and that's why I'm here.