Member Info for jamrock

I would not be surprised if Zak Mir picks up on this rise today and includes Qbt in his daily charting podcast. 1 strongly think he will say a rising RSI and any push past 1.4p is the signal for a new phase to take us past recent highs . I just hope this is the the to achieve it don’t give ground as seems some are taking profits as Obelix points out

Obelix
I think you are 100% correct and it needs to hold and buyers needed to prevent sellers taking it down again.
Anyone bought recently would definitely take some profits but hopefully it breaks the downward trend.
Warren Buffett says he don’t mind missing the first 20% rise to confirm it’s for real.
Positive news and confirmation would be in for real. I never bought yesterday as I took some last week at 1.11p and was waiting incase it dropped but happy for the ones that took the risk yesterday. Hopefully more brace buyers to push it up when the states open.

Qbt up 25%
Bitcoin up over 2%
No correlation today between both.
FG needs to deliver the news everyone wants to break the yearly down ward channel. One we break the range then the signal is in but today’s rise is a much needed positive surprise.

Addisonshare
Your optimism is getting through to FG

Addisonshare
I hope your correct

DND
I don’t think so but wishful thinking. Government and Bank of England killing growth and it’s simple builders with slow down and conserve cash

Spread has narrowed

Not the start any one wanted on a Monday but it is what it is. 0.90p is the price that needs to hold and bounce off and hopefully does otherwise If that support goes then horrible to say but 0.70p looks likely.
Just one opinion and I’m an investor so no gains if we head lower other than to take it as another buying opportunity to average .
If ever news was needed then now is the time to reverse a dismal year

I just read up quickly and it appears it intends to issue new shares to raise 10m which in my personal opinion dilutes the company significantly at the these low prices.

How does it intend to fund the acquisition for Bioasis.
Just tuning into this company which is why I’m asking and I know nothing about it’s financial state. Would like someone with knowledge to update me please

We could do with positive results and share price rising which makes it easier to raise fresh capital for an acquisition

Time for MHC to pounce on struggling ABDX whilst it’s weak.

How did a bitcoin producing company go from pennies to pounds to pennies. This must be one of the worst board f ups for many years. Yes bitcoin price dropped but surely a good board would of made provisions and expected a one way journey for a coin that started life at $1

Even I have to say I’m impressed with how well it’s held up with all the bad news but are continuing rising interest rates tipping the scales.

Peakyblinder
https://www.advancepartners.com/blog/what-a-recession-means-for-staffing/
Will this predicted recession prove different from previous ones!
This time round we have a shortage of staff due to Covid and Europeans returning to their original countries due to cost of living and higher energy costs etc. Also EU restrictions on people entering UK.
Will this enable recruitment companies to continue demanding higher margins for staff available in the labour market or will recruitment have a over supply due to redundancy which occurs in recession.
This time things could be different but the markets are waiting before deciding.
Directors buying in shares may be a clue things are not as bad as some may fear.
So is the low price a buying opportunity or is more pain ahead!

https://www.blockchain-council.org/cryptocurrency/bitcoin-journey-from-1-to-over-60000/
Jambone
If only QBT could follow the same journey from 1p

Jambone and Addisonshare
I don’t want to waist a weekend speculating because we are investing and time comes with that. Hence the word patience. I had a lot said on here about some will say I filtered you bla bla and all that amusing to me.
At the end of the day all investors have there own strategy, targets and opinions which is why some lose and some win.
I totally understand all sides but everyone must be allowed to express their opinions otherwise the board’s purpose is flawed.
I’ve been investing in QBT for a long time but that’s the point I think!. Many are frustrated with the lengthy time and way FG delivered his update without authentication. His motivation and motive was 100% positive but these markets don’t care about emotional investments etc because they want facts until the batter a price to the floor and then add risk. If FG provides fact we go up and everyone invested will be pleased. But shares are dangerous and that is clear. Just remember opinions are nothing personal

Jambone
I don’t mean to single you out but demonstrating how easy it is miss lead people.
I know your heavily invested and need a certain price and I say one thing if FG does do what he says everyone will be happy because these markets react quickly.
My own personal opinion is the share share is stuck in range trading and news is needed to break the cycle.
30% or more confirmation will break the downward cycle 100% but when this happens none of us know and it’s a true wishful guessing game.
Anyway Jambone keep up your passion and hopefully the 5p figure will be accomplished sooner or later

Jambone
Starship has expressed his opinion which does suit everyone but it’s his opinion.
It’s not correct for you to imply he’s trading the share as it’s both miss leading and only fuels others to react against him because you give an wrongful belief.
I say this because you made the same assumptions because I advised people
A, buy the dip
B, be careful when the shares rose to 1.55p
You asked me earlier in the week to put our differences aside and duly did.
I won’t stand by a watch miss information put on here that may prejudice people on miss leading beliefs.
Many are losing on here and it’s easy to push buttons to attack others that don’t agree with your view but the fact is the share price is lagging for many reasons and I personally hope FG addresses this shortly.
I often use averaging to bring my average price down and you implied I was selling but in fact I use dips to top up and accumulate more. I genuinely have no idea how the markets will view QBT in 2023 but if FG delivers I’m hoping it moves sharply to bond holders price of 5p. Bond holders are quite smart but are patient also.

News could drop any day and these unknown transactions are an indication something is brewing. It’s impossible to know whether they are buys or sells because they could be delayed transactions from previous orders. The price remained stable which is good news. I must say however the 3 year chart is alerting us to the long term uptrend and the down trend meeting soon so breakout could happen quickly if positive news is delivered. Also it could equally break down if negative news. One hopes and expects positive news given no profits warnings and reading the last update and statement