The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Take a look at the real junk stocks in here - nobody bothers to deramp them.
Isn't it odd that if argo is so terrible, there are so many going to quite an effort to run it down?
A genuinely **** share has a dead LSE forum.
"Peter Wall under immense pressure as Argo have not even filled in for Nasdaq "
How the devil would YOU know?
"Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal@
The fact that this headline provides only a currency conversion and not the native crypto amount speaks volumes.
We need to get to the point of referencing BTC or whatever values.
When I might discuss how much holiday money someone needs to bring, I'll advise them to bring a EUR or USD amount, not a GBP equivalent.
We need to get to that position, where we're talking about the currency natively.
Perhaps people have seen the tacky scenes and evangelical behaviour at the bitcoin conference?
I find this sort of cult like behaviour quite off-putting.
"Morning guys, just wondering how long can we run our business without having to cash in some BTC to pay bills,wages etc?"
That's what zcash is mined for.
Oh god. Don't say that. A buyout wouldn't be good news
My local rag posted an article this evening, introduced as "What is the best cryptocurrency to invest in? Bitcoin, Dogecoin and other top performing crypto coins discussed "
This interests me because it's a ****ty excuse for a local paper. It really is tosh. But they publish items aimed at slightly Conservative older people.
The interesting thing isn't that their stance is whether one should invest in crypto, but WHICH crypto you should invest in.
Now, the fact that such a publication, with such an outlook, with such an audience should promote crypto is either a sign that the average person is ready to adopt, or that it's time for us to cash in our chips and run.
Interesting!
What's this business about large purchases being announced for certain days. That sounds crazy. Surely they'd just purchase them when they feel the price is best, within a range of dates?
Out of interests, I joined the Motley Fool mailing list, and while it's tosh, I now see where Pearls et al her their rhetoric. There is a very interesting and obnoxious style of writing seen by several derampers.
Here are some snippets from Fool emails :
"The door slams shut at midday " - in relation to a subscription offer
"Hopefully I'm right about you. Am I?" - subject
Body :
"
But honestly, I’m making a big assumption about you.
You see, even with a 30-day subscription refund guarantee, most people never take this extra step.
Statistically speaking: if you don't join now, you may never join at all.
It means waiting forever on the sidelines…
…Every day could mean another golden opportunity lost.
And that’s a real shame…"
I've had emails along these lines, using rushed language and with deadlines every day for the last two weeks.
The language is right out of the Pearls style guide.
"They must all be at school today."
I get the impression he may not be allowed within 200m of one.
Deafening silence? He released three videos last week, and the week before announced last months results.
What more were you expecting?
Cut losses?
Only if you don't understand what you've bought. If you DO understand the 24 month plan, then you'd not be considering this a loss.
Re. What to do when it's all mined - the way the halving works, it'll be over a hundred years before the final coins are mined.
But yes, I take your point, "now what?"
"I'm in ARB as it is supposed to be a leveraged play against BTC"
Who told you that?
I couldn't really give a **** if people are "looking elsewhere".
The meat of Argo's operation is just warming up, and will not even scratch the surface until Texas is built.
I have my shares. I know what 18-24 months will look like. I couldn't give a damn if others don't want to wait for that.
That's an interesting time.... The tease!
.. Is to release some really bad news. That should bump the SP
4 to 6 weeks is the timescale if everything is in order, there are no follow-up questions, no modifications, no queries.
Companies on a 6 will timeline are the exception and not the norm.
It comes as a surprise to learn that kidnappers have never demanded bags of used dollars or pounds!
Thanks both - the annual report is impressive and I can't see any reason not to invest. It really seems like an innovative company that should be attracting far more interest.
I can't understand why this isn't attracting more attention. The reason behind the share decline seems to be explained well enough, and doesn't seem terminal in a five year outlook.
It all seems very positive!