Member Info for HereKittyKitty

I’d normally dive in at 300 but with the US & FTSE drops I can see this touching 280 in the coming week - all indicators on every analysis indicator are showing lower

Can’t get any been trying to add

Then I don’t wanna be right

Going to rise plenty more

Good luck waiting for that - this is one you’ve just got to bite the bullet & get in

You know when you’d wish you’d bought more lol

Count resist sub 150 either - GL all

They raised a shed load from IPO so not sure why they are exercising warrants so soon for so little

I’ve made the most money buying damaged stocks that recover - this has just massively ticked that box

Don’t think you’ll get your buy in now - 320 was a bargain - GL waiting for 250

Hopefully MS buy them

I agree with both long term
The issue is what buy price would you risk for that as they both have shown re trace many times
For ASOS I’d only buy sub 4500 as 5000 isn’t much of a return buy 5500 from 4500 is worth a hold
Same for BOO it swings badly around 320-330 and caps out 350-370 so again only sub 300 is worth it for a 350-400 return
The buy levels above 4500 & 300 present as much downside risk as upside
Just the levels I personally set
Everyone’s are different
GL

Some boards have their local idiots - didn’t take me long to find one - no need for personal abuse - reported

Thanks Blubay
Calamari you tell me what it is please

https://www.lse.co.uk/share-fundamentals.asp?shareprice=ARB&share=Argo-Blockchai

I fully understand blockchain as worked in that sector & a deep techy who used to implement hash encryption algorithms between large companies so I get the tech & the sector - but I also get valuations + I’m invested in many “simple” stocks

Please don’t take this as a de ramp as I looking to buy so take this as an opportunity to ramp the positives.

So & 152 SP the market cap is £582m

In the last year they grew 120% with 19m revenue

In the same period Bitcoin rose 500%

My question is why they deserve such a high forward looking P/E ratio of 315x when technically they underperformed the Bitcoin mining market growth & revenue is so small?

I’m genuinely thinking of jumping in but trying to understand why folks think it’s worth the valuation as the daily declines are making me wonder if there is a price correction based on either their performance & revenues or Bitcoin corrections?

Thanks all & GL

Let’s hope so but there are no guarantees with mutating viruses - I remember back in Jan 2020 when many dismissed all this. There’s more to play out here I think. But fingers crossed we stay on top of it all.

Yeah this Indian variant could create a whole new 2020 again - quite concerning but at least we know how the markets will play & should be good for online businesses - partner just lost a friend to the Indian variant - wonder if any of this is also feeling the US sell off & some say (I don’t) that BOO follows Nasdaq index - if so going to be an interesting week

Nice find