Member Info for jamrock

The technicals are looking better and getting closer to a price when support should kick in.
Only a fall below 1p would worry me and seriously don’t see that.

If no shares traded the Market makers will need to raise the selling price and drop the buying price to entice transactions effectively narrowing the spread otherwise its a stalemate until news

I wonder if FG could be playing a blinder and watching how the likes of Argo unfold.
FG was also open to producing bitcoin as well as licensing the software so it’s a smart move to see how this pans out at Argo.
I believe QBT are definitely in a game changing situation if they execute the new technology smartly however we could suffer the shock waves of Argo short term.
I looking for support around 1.2p which isn’t as bad as it first appears because it allows another buying opportunity and those in at below 1p still in a comfortable position in my opinion.
There was lots of high buys on Argo over the last few days so that a confusing observation unless someone knows something

https://www.proactiveinvestors.co.uk/companies/news/1000747/argo-blockchain-mined-198-bitcoin-in-november-revenues-approached-3mln-1000747.html

If Argo etc are struggling with cash flow etc then why haven’t they decided to an agreement with likes of qbt to reduce costs!.
Qbt need to start taking advantage of the situation over at Argo.
Argo are clearly in a terrible position financially we all agree for sure.
Time for Qbt to get the contracts sorted

Cuvio
As humans we never focus on ourselves until we get a warning sign.
Every year we MOT and service our vehicles but how many use this formula on themselves!
Mhc could also do more and offer discounts for their shareholders to really join in and feel apart of the company and understand the products we invest in.
Mhc has the potential to be a huge growth company with actual benefits to our health but we still need work to execute the strategy.
I just hope given other struggling companies with great technology and products that we use the once in a stock market crash as an opportunity to expand given our cash position.
The sales and marketing team at MHC surely can do more to ensure we compete and become the recognised home kit.

https://www.reuters.com/technology/goldman-sachs-hunt-bargain-crypto-firms-after-ftx-fiasco-2022-12-06/

Goldman sachs only care about making money so the fact they are after blockchain companies is a positive

Todays correction was a healthy correction. A small pullback relative to the recent upside and once again the graph did alert us to a pullback due.
That said I think it won’t be long before we give 1.5p another bash and hopefully it holds. I wouldn’t be to negative because it went down today however it could fall a bit more before resuming the new uptrend. If it does fall I don’t it falling less than 1.2p before major support would kick in. The up trend is step so the new rise could also be quick after weak sellers flushed.
For any news rise it needs to pass 1.5p with momentum and hold otherwise it’s will be another selling opportunity.
The game changer is a Positive RNS and this could definitely land very very soon.
Bitcoin will rise again I’m sure as Goldman sachs is sniffing around blockchain companies

I think everyone will need a heart test with the tax bills dropping just after Christmas and the Gas and electric bills lol.
Seriously though they should be on shelves.
Many people will buy these tests if they are in your face on the shelves.
I’m at that age I would use one of someone bought me one. Be better than the usual socks and pants.

Jambone
You also forgot I’m invested in QBT and stated many times it was oversold and cheap but I also explained the side from a charting perspective.
The funny thing is I genuinely believe we will be a hell of a lot higher in six months but it will be a bumpy road.
All is needed is FG to get a deal done and your price of 5p could be achieved and surpassed.
No hard feelings but sometimes it’s good to see both sides

Jambone
No excuses and I think you owe a lot people for being over enthusiastic and not fully explaining both sides of the coin.
I’d call it ramping not banter when some probably bought into your constant repeat of the FG Podcast.

On another note I know Jambone has good intentions and everyone is wishing it higher and hoping for the next Argo story.
The problem is the board need to issue an RNS

After my ding dong with Jambone for warning this could fall I feel exonerated.
Nothing goes up in a straight line and i Hope now understands it’s not always advisable to keep pumping things with explaining the risks as people can lose money listening to someone who has a different agenda.

Glad I topped up on the fall. Always a risk but happy I did.

It did move from lows of 5p to nearly 30p so this pullback could of been expected but I think it will continue its new upward trend

What is 100% clear is we are at the lower end of the six months range on the charts so hopefully the buyers may arrive shortly as we approach year end results due shortly.

Why are we not in Tesco’s and sainsburys etc and in everyone’s stocking for Christmas. Our new ranges would have had a lift in sales over Christmas period for sure

Maninpink
I agree others are doing better and in a worse state but in the end it’s usually fundamentals and balance sheets that prove to be the long term winners.
I for one will continue to buy and believe news will drop any day. Christmas and Covids main season for rising figures so I would hope we get a retail contract shortly.
Can’t understand why we are in Boots and Lloyds and Tesco’s, Sainsburys and Medicare and in many more places. It’s just crazy to think it’s taken so long to agree contracts but it has.
Then there’s the possibility of dividends being on the table. It’s not impossible to think that one day the dividends may be greater than today’s share price if they continue to grow the balance sheet and product range.
Then there’s acquisitions to consider and we’ve all ready proved this strategy works.
I’ll stick to buying MHC because of fundamentals and good management but I’m craving an RNS for Christmas

Jambone
Yes get it to 5p and be happy also.
Bring on tomorrow

Jambone
You would be a terrible poker player because you’ve declared your motive for it getting to 5p.
You clearly intend to sell even if it’s rising!
Trying to shoot others if they don’t follow your strategy or opinion.
I’ll keep my strategy and won’t get fooled and love these boards.
Jambone we’ve all seen the podcast 20x so please keep it to your incase you’ve missed something

You’ll sell a tiny amount to get a free ride at 5p
That sounds like real positive ramping strategy and someone trying to pump it to his target of 5p