Member Info for Jimmy_Stocks

I don't think we'll see a considerable pull back. Not at these levels. It will happen higher up. We've dropped back to where the price was 7 days ago, hardly time for anyone to congratulate themselves because they called a meaningful dip. Down 5% after doing 35%+ the last month...

Bitcoin goes down, argo goes up!

Watch btc stay at these levels today and the miners all rally. The algorithm is taking the p 1ss out of everyone.

Another one!! He is getting them in as swiftly as he can IMO. Cover well and truly blown now and how genius a move this is. Surely other companies are going to start copycatting.

And stuff like this https://www.coindesk.com/business/2024/03/12/rapper-drake-posts-michael-saylors-bitcoin-video-to-his-146m-instagram-followers/?utm_source=substack&utm_medium=email

Coinbase borrowing $1b, wonder if they're buying any Bitcoin? How long before other companies not just dip their toe in but follow MSTR strategy. You have to say he is looking like a genius at this point, with 1% of the total supply and counting. And considering the stock market looks forward and where bitcoin looks like its heading, I don't think MSTR is overvalued. Shorters keep adding fuel to the fire, thinking SP must come down at some point because of the multiple, when bitcoin is going to keep going up. At least while this demand / supply mismatch continues to play out.

Euston are you Judith Chalmers in disguise :D

Can't believe the wind up wasn't spotted. I wasn't sure whether somebody had spiked your cornflakes Bennster.

LTH's treated like mushrooms yet again. Alienating anybody not involved in the placing.

If the ETF inflows remain constant, I don't see how the market pulls back post halving though. Maybe I am missing something. I guess there is always the scenario where the ETF tap runs dry but with these products being lined up in different countries / markets, it feels like that party is just getting started.

Yes true. I just remember him massively ramping throughout last bullrun and well into the decline. TBF alot of what he was saying came true, just 3 years later lol

Yes agree fully ETF is the biggest factor on bitcoin price being where it is, both present and for the next 6-12 months time imo, bigger factor than even the halving.

And Raoul Pal has only ever had one gear and that is ultra ramp mode.

You would think this cycle would be different though, given ATHs been blasted through pre-halving, which hasn't happened before.

I got tempted to dive fully out of MSTR and into WULF last week and got my fingers burnt. Sitting on my hands now for the next week or two at least. Bigger gains to be had potentially in the miners but too hot to handle at the min. Will probably miss the rise but I think watching MSTR gain whilst miners go down would be more painful.

Heard from who? The cloak and dagger disease is catching...

Why is that your understanding Hughes? Why give the 8th March date if no news for another week. And I got pulled up because I was expecting news on a given date. All very frustrating to put it mildly.

Yes uncertainty of the halving and the need to raise funds to stay ahead of the curve giving investors the heeby jeebies. MSTR raise on the other hand, if other companies start copying, it is going to send bitcoin to infinity and turbo charge fiat towards hyper inflation.

I saw the MARA CEO talking down the ETF demand in his last interview, saying it will drop off soon. Can't remember his exact wording. That is the question for me because if total ETF demand remains at even 25% net from where we are for the next 6-12 months, then I think we're easily over $200k bitcoin.

I've seen enough and flipped back from miners to MSTR. Expensive mistake there being out 2-3 days, cost me 4 MSTR shares. It sure does seem to have the wind behind its back, miners on the other hand wading through treacle.

The fact he is chucking in £2m+, seems like he would only do that if he sees an opportunity for ROI on his money. Why else would you do it. His fees and salaries pale insignificant to £2.4m or whatever it is now that he will be putting in.

He just needs to communicate his reasons and then we can all make our minds up.

Knco I hope he communicates everything to the market before the shares are live, that's all I'm saying. And if the company has been transformed, why didn't they map it out publicly and raise at 3p or higher. Hopefully he can answer that aswell, why the raise at 1p.

Knigel thanks for bringing BIDS to my attention, another share I was heavily invested in a few years back and had a lucky escape from. I will say, for all this share winds me up and I'm not a happy chappy this morning, DC is clearly not cut from the same cloth as the CEO there, Draper. There is no greater demonstration of confidence than putting your own money in, and Draper took took took, sold shares and took took took. DC could have let this go belly up and he deserves credit for not letting that happen. I just wish he could put himself in SH's shoes every once in awhile and tell us what is going on. And tell us why he has the confidence to chuck £2m+ in...

Knco / TSG - I respect both of your positions and you obviously know more than most about what is going on. The majority of other shareholders don't have that luxury so all I will say is, hopefully they reveal all before or at the point the SP goes live, otherwise my guess is we will be hitting 1p pretty fast, if we don't open there that is.

I do gain some confidence from your posts but they need to be an open book now, cat has lost its 9 lives. All this cloak and dagger stuff from them winds me up. I've got alot in here and have had enough of being treated like a mushroom. Time for full transparency before the shares go live. Shouldn't be too much to ask, especially if the future is as rosy as some are implying.

Agree 100% Beastly. Alienates any shareholder not involved in the placing as we have zero idea what is going on or what the direction of travel is. RNS stating Friday 8th and here we are market open on the 11th and still nothing.