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Agree fully with what is being said but 'The cornerstone investor thing never stacked up to me - why would anybody take genuinely good money or ideas and chuck them to DC? Why would they do that at any premium to the 1p a share we are now being told DC is scraping about for?'
Speculating as that is all we have currently but my thoughts on the above - another party might see the numerous missed open goals as an opportunity and might see value in DC's connections and turn these into profit, where he has failed. Somebody with the organisation and infrastructure already in place. Stranger things have happened.
Crystal balls and tea leaves at the ready....Thought last night when btc broke out, can see it having a run now and the 4h RSI staying above 70 for a good week or two. Then my tea leaves are telling me a cool off for week or so then btc hits ATH's second or third week in March. Lets see...
Finally!!! Acknowledgment from DC that we exist and that he is chairman of a listed company that has shareholders that he is doing his best to keep in the loop during this very uncertain time.
Sorry, just woke up, must have been dreaming aswell.
Treat long term holders like mushrooms and still expect them to take the placing.
CLSKBull I am only basing that on following the Twitter ticker and people questioning it here and there in fairness. Enough to create FUD in my mind though, along with CLSK SP continually outperforming recently. V tempted to move into MARA for earnings though like others here, but going to resist the urge. GL all holders though, good results will be good news for all miners no doubt.
And yes agree possible btc breakout. $52.8k was being cited as resistance was it? Lets see how we do next couple of hours, fingers crossed it is
Tempting to cycle into MARA from CLSK but is their hash rate consistent. If rumours their results might not be as good surely this will be why
Agree.
And if there is a new investor / direction coming onboard, then why raise at 1p. Why not announce the investment/direction of travel with full details and a webinar from DC on the new investment and why he is putting his own money in. After which (if still required at that stage) announce the open offer with full details made public, at a higher price. Instead of diluting at 1p.
Yes true. I was thinking a proper rug pull, like Binance looked a possible candidate for something, as Coinbase seems to be more 'in' with the regulators, but that looks to have been cleared up now, with the KYC fine and CEO stepping down.
WW3 / black swan would pull alot of peoples pants down, with current sentiment being so bullish. But then that can happen to any investment, so to me it is a no brainer to be long for the next 6 months at least and take what looks like a golden opportunity to join the wave of ii money entering before the halving.
So people can invest through CMC or if they don't have an account, can invest directly with LVCG.
I have asked Sarah why DC isn't on a webinar shouting about why he is putting in £2m at 3p and there are a few things they are finalising apparently, which they are hoping they can communicate on soon.
Agree on InvestAnswers. I thought his miner comparison video was very good the other day. Overweighted my CLSK position and added Bitfarms after watching it then seeing MARA hash rate had dropped off again couple of days ago.
It is amazing how quickly sentiment can change. I agree with yesterday being a buying opp, not selling. The only red flag to me is it all seems so obvious and everyone is calling it. Which usually equals some kind of rug pull event.
True but his ego might have to come 2nd if they can't complete this placing.
He should be shouting from the rooftops as to why he is prepared to put in so much of his own money at 3p valuation.
Hughes nobody can make him do anything. Maybe he can raise the money he wants without communicating to all. Or maybe he can't and so he'll need to come out of his shell with more details.
Simple if you read my message, I was just whinging, I wasn't giving Hughes instructions. I am in contact with Sarah. I don't think she has even 1% of sway with DC, he does what he wants and doesn't listen to anybody. If he wanted to talk to investors he would have done it by now.
I think you need to stop dishing out advice simple. The company reads this board, so they can view it here. Cheers
Hughes if DC needs to raise money from shareholders, why doesn't he get on a webinar to tell us the reasons why we should invest and what the plan is moving forward.
And while we're at it, tell us why the suspension has lasted 7x longer (and counting) that he initially led us to believe it would might be an idea to try repair some of the damage.
I also think it matters greatly how much you have invested here IMO. Being overexposed, I'm naturally more likely to cling onto any positives. Whereas somebody who has been sensible and only has a small % of their portfolio invested can afford to be abit more damning of any possible green shoots. I've seen people say it doesn't matter how much you have invested, but it does matter 100% IMO.
Simple RE future revenue, I have said BrickLive but we need more detail (as ever). He is planning more KPOP festivals aswell, so is hoping revenue comes from that direction but I am as highly skeptical as you are on that front, because of their track record.
You're making out I'm trusting the company. They are beyond that and need to get their act together before having any trust or goodwill in the bank, for putting shareholders through this 7 months more than anything else. I haven't invested in the placing for that reason and DC has a big debt of goodwill to pay back on that front.
It looks to me like he is trying to turn it around, but proof is in the pudding and we are still stuck in the mud as it stands. Keep repeating the history though, which we all know about, I don't see the value in that. And if somebody wants to look at the positives, however tiny at this stage, then forgive people for wanting to look at any hope that there might be a way out of this for SH's. I'd rather that than chunter along on misery groundhog day, repeating the same stuff.
Light at the end of the tunnel is the possible investor, which granted, is a tiny speck of light at this stage. And also BrickLive, but I am not going to waste my time convincing anybody. You have made your minds up already. You jump down the neck at anybody that posts anything remotely positive with all the history, which we all know about and have suffered through aswell. I prefer to look forward now. You might prefer to dwell and bleat on repeat. Each to their own.
Next piece of news has to be relisting.
I hope anybody unwilling to see possible light at the end of the tunnel gets a good enough price to sell and clear off, when we finally can trade our shares.
Wonder how people would cope if we actually had some positive news.
Misery is a comfort blanket it seems.
Yes all looking very bullish. The Genesis $1.6b sells incoming might slow things down but $500m inflows per day, with the ETF buying, won't slow the direction of travel too much. The only thing in my mind is it all seems too obvious (and too good to be true). BTC over the next 6 months minimum is most obvious long I've ever seen. Everybody is calling it, so that in itself is the only red flag to me lol. Only thing stopping it is WW3 breaking out or a fake alien invasion :D.