Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
As I stated earlier I do hold small number of ARB,as for researching a business I do enough to think it's worth a punt ,I'm a physical metals chap,I do understand copper mining etc !
I must say the level of comments has been far superior to the sub reddit crap that's been prevalent recently!.
Not negative per se,simply realistic ,I have a few shares which will sit there for my grandchildren ,got my money back plus,I'm not a day trader just enjoy different perspectives from people but time will tell .
Given the large % of coin ARB holds that have been purchased rather than mined and the relatively small number in total I would suggest the company is massively overvalued,an awful lot of hope value being built in,another factor is the increasing number of horses entering the race ,who gets there first gets the pot .
Forgive me if I'm wrong but ARB appears to have 25 million quid worth of btc,much of which appears to have been purchased at market ,giventhe valuation of ARB an awful lot of hope value is being built in .
In theory the us is an inferior placing to London in this instance the prices should lockstep,but ....there is such a dearth of opportunities in bitcoin investments value has ceased to matter ,I've cleared my decks at 2.38 and well happy with it ,and dont forget a big lump of Argo holdings were purchased not mined ,may come back in but dont forget every buy is a sell GLA.
Interesting article in Motley Fool today ,puts a good perspective on ARB ,I for one didnt realise many of their coins had been purchased rather than mined , makes for an interesting read,the author is big fan of bitcoin .
Good morning all, James Henderson (HOT.L) has been trimming down his holding in Ceres
on the basis that it is " richly valued" ,I feel there is a bit of that sentiment surroundings ITM at the moment.
Having looked at gamestop it had been failing for a long time,nobody buys from bricks and mortar any more in the tech world ,the pandemic has been the final nail,irony is the ones pumping it now are the very ones that caused its initial problems by not using it !
No doubt whatsoever the game shorts are borderline criminal,but the majority of shorts are quite small and often keep directors in check ,they have saved me in the past ,a successful company ,run well and responsibly for the benefit of all will always beat the more aggressive shorters, these same directors bleating about shorters are probably the ones buying back shares to trigger their bonuses !!! ,dont let's chuck the baby out with bathwater , the bent company founders ,directors are rubbing their hands at this,.
I have been following the sub reddit people re game stop ,it is blatant manipulation of the worst order ,I suspect there may be hedgies on both sides !!! ,Robin hood have been censured/ fined significant amounts for their dodgy dealings ,margin trading is not clever in wrong hands ,when you follow share chat boards you can spot the fakes ,short sell do not ruin businesses dodgy managers do ,short sellers have saved my bacon in the past .Good luck getting inside wallst on Redditt though it's all gamer speak !!!