Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Give it space folks, we are in a very weird place post-ETF.
I'm not going to check this for a week as it just doesn't serve any purpose getting twitchy.
I had good reasons to invest, I'm still confident but will leave the hazy crazy days alone for the next few days. GLA
Hi all.
I think ARB is holding up reasonably well given the wider BTC and Miner jitters.
We can all postulate what will happen in the next few weeks and months but I think all being equal we've retraced by c25% given the recent placing and there are still indicators we are in a bull run via charts and chartists.
Personally, I think it's all just catching its breath post-ETF shenanigans. The ETFs need more BTC + other crypto currencies, the miners can produce this, so the circle is still virtuous if now a little wonky atm :)
GLA
Well, we're not privy to what discussions (indeed if there even are any) taking place between the miners regarding M&A, but given halving cApril, I'd expect some miners to merge, if nothing else to compensate for the effects of the Spot ETFs and a harsher market to play in. GLA.
BarnetPeter - you were spot on with the 15p, I thought 18p poss but not 15p, so I eat my words but am puzzled why the ETF signoff caused the miners widespread meltdown.
I read that liquidity played a role and the halving being factored in and the ETF sign-off being factored in the recent BTC and miners rises.
As you say, you can't call ARB as it's all nuts, but given the nature of the beast it can lurch up as quick as it lurched down and I reckon there is much life still left in ARB and that the bullish runs and are going to trigger again.
Just IMHO, please no-one think about investing on the back of this message and as always DYOR and take your own risks.
GLA.
Spot ETF has affected the balance, but remember that miners make BTC. BTC is going up in fits and starts and will do before the obligatory madness close to halving. There is short-term growth to come, it's as plain as day, BTC is a contemporary gold mine, The peaks and dips are normal. Up to mid-March just play the game, ARB still good till then. GLA
no one can park this growth bomb for long. btc and crypto, not matter how weird and bonkers, will make money. bat **** stuff has taken place with ses approval of spot etf, but the 'aftershock' is a hiccup during a steak dinner, overall this will push up. but for the love of whatever god you all follow, know when to get off the ride! otherwise you will be naked and p1553d on.
I still think this is o an upward trend to March prior halving, but the company has to start flexing. It's been in timid reverse with all the rubbish decisions and losing it's edge. The way to stop an onslaught is to start agreeing ways to fight your corner. ARB needs to grow a pair and come out fighting. We have a few jumps up till end of March (IMHO relative nature of the beast) but if this is going to blow the bl00dy doors off it needs to start engaging brain and finding ways to F the opposition.
As I said yesterday, it will get choppy before it settles.
BTC will continue to rise across 2024, and I'm confident ARB will tickle 30p by end of Feb - all IMHO. But it will taste sour for the next few days weeks as the new world of crypto investing settles. The SECs antics messed up a big bang but the momentum is still there.
ARB has challenges in of itself as a company (debt and falling behind in the miner's race) but it has experience and it's surviving. If BTC keeps marching North then ARB will obv benefit and get stronger and there is always the possibility for a merger or takeover to boost share price. There's also the April halving to cintend with.
But I reckon in the next few weeks we'll see some uptick, but those of a nervous disposition shouldn't invest here as it will fry your nerves if you let it.
GLA
Also, if buy price is close to a sell level if an MM is desperate then the buy often gets flagged as a sell and if sell place is close to a buy due to the need to shares that can flagged a buy. There is often a feeling that MMs can play with this effect to their advantage if they have a need to skew the sentiment vs being left holding a stock that tanks or trying to hold back one about to rip so they can tip off buds that there is easy money to be made. All IMHO ;)