Member Info for jayblu48

Oh dear, Pearls got it wrong again, big rally in Bitcoin but SGI still dead in the water.
To paraphrase Oscar Wilde “To default on a loan covenant once may be regarded as a misfortune; to default twice looks like carelessness.” Or perhaps quote Monty Python “This parrot is dead”

just a mid-way dip...https://news.bitcoin.com/nothing-goes-up-in-a-straight-line-s2f-creator-plan-b-claims-bitcoin-price-drop-a-mid-way-dip/

“Regarding our leasehold property in the US, (sic) our sub-lessor is attempting to walk away from their lease commitments without making any form of restitution. We are challenging this, the process is a long one. “ They should have said expensive as well, especially in the USA.

Pearls, have you worked it out yet? SGI? LOL

SGI insurance claim for business interruption due to the pandemic, which was originally denied, was reviewed by their insurer following the Supreme Court ruling but was once again denied.

"Resolution to commend Bitcoin for its success in becoming the first decentralized trillion dollar asset and to encourage the state and local governments to consider ways that could help them benefit from the increased use of this new technology."
https://news.bitcoin.com/us-state-resolution-commending-satoshi-nakamoto-bitcoin/

SEC Commissioner Hester Peirce believes that the U.S. government cannot ban bitcoin, stating that “it’s very difficult to ban something that’s essentially a peer-to-peer technology.” The commissioner is hopeful that with the new chairman who has deep knowledge of bitcoin and cryptocurrencies, the SEC can take a fresh look at some of the reasons used to reject bitcoin exchange-traded funds (ETFs). https://news.bitcoin.com/sec-commissioner-banning-bitcoin-very-difficult-ban-peer-to-peer-technology/

obviously don’t think it’s worth it at this price. I can see a placing, but at what price, my my!

01/04/2021 Trading Update - Our primary creditor has once again waived the loan covenants which we are in DEFAULT of. We have now received written confirmation of this waiver. The next financial covenant test of our loan facilities are in March 2022. Oh Dear.

01/04/2021 - " it is important to note that at the current time the business continues to be cash negative, while trading conditions and the impact on our longer-term funding position remain uncertain with the latter influenced by our negotiations with our long term creditors.
I suggest the trading and consequent financing positions may well see the shares forced further lower from here. Currently a sell.

The truth is the truth, dodgy is dodgy.

would anybody invest in a company who were reported to the ASA by Which? The ASA reported that Stanley Gibbons should not claim that their stamps had a 100-year history of strong and steady increases. Nor strong and steady profits by the looks of it.

We have not all moved on and have done our research, we are still here, why are you?

If you bothered to do some research you would realise how diversified Argo are, poor deramp and FUD.

The problem with charts is that if everybody works on the same basis they can end up self-fulfilling, which seems to be trying to happen with Bitcoin. When they have one that forecasts a surprise RNS or a Whale selling then I might have more faith.

ergo when Bitcoin rockets so will Argo. Massive profits.

Sightwatcher, Guggenheim's position has been explained, they are spreading FUD because they want in at lower prices.
"Guggenheim CIO Says Bitcoin Could Eventually Climb to $600,000. Scott Minerd, chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, has revised his previous prediction for bitcoin's long-term price potential."

do some research, it's all there in the RNSs, future developments, investments, Texas, then decide for yourself.

Block/Amplify ETF bought another 1,500,000 shares yesterday, they now hold 20,446,985 shares putting us at number 4 on their holdings list.

Showing down 5.38% on Yahoo Finance and CNBC https://www.cnbc.com/quotes/ARBKF