Member Info for london_balling

*pop*

Ppppffffffffffffffffffffffffffffffffffffffffffffffffff

Arhh yep I see. I fear you're right.... :'(

Nope. We are significantly less shady... by rights we should soar past them. Whether that happens in the murky world of finance is another matter entirely.

Sadly when people think of bitcoin mining, for better or worse, they think of a dingy factory in smoggy China fuelled by burning coal.

It's Argo's responsibility (and ours as Argonauts imo) to promote of the company's USP... the gushing snow melt waterfalls of Canada and sunbaked winds of Texas truly differentiate us from the opposition.

I'm not necessarily proud of the amount of time I have spend reading this: https://www.lseg.com/sites/default/files/content/documents/LSEG_GUIDE_TO_LISTING_WEB2.PDF

But I keep looking at the wording of this clause... maybe it's only 3 years if there IS 3 years... if not then maybe a full, complete, audited history is enough?!?!?

(ii) three years of trading history (or such shorter period for which the issuer has been in operation)

If I was on stocktwits now I'd post that Dumb and Dumber gif saying 'So you're telling me there's a chance...' :)

Ahh the good old Bitcoin Bashing Corporation .... this is good as it means we are still early in the cycle!

In order to get on the 250 you need a premium listing... from what I can tell that’s a simple (monetary) process but only if you have three years of financial history. We have three calendar years but not even two financial years so not sure there would or could be any exceptions. I’m by no means an expert however.

In my own mind I am thinking we get onto the FTSE All-Share as a first step which does also have trackers and would still lead to increased buying and exposure.

https://news.bitcoin.com/chinas-bitcoin-mining-rig-manufacturers-pressed-by-demand-advance-orders-devices-sold-out/

Three points.... firstly if I was in Mara or Riot I would be increasingly concerned, secondly that ePic news couldn’t have come at a better time, finally I wonder if our old buddies Core Scientific fancy leasing is some more?!

It was literally 2p less than a year ago but anyone who chose to look ahead 8-12 months and with a basic level of crypto understanding could see this was hugely undervalued for what it could become.

Lotto that post belongs in the Louvre. Bravo.

You won’t like this, but we’re actually STILL undervalued too!!! Crazy isn’t it!?

If I could help with the tuning out, I would ;)

I feel really good about the company and where my investment looks to be going, I've been through some ups and downs by now and if I can help others feel even a little better then everyone wins! Have a good weekend.

There looks to be a descending wedge on the weekly chart which would end up around 43k - expecting it to bounce around in the 40s for a few days then hopefully break back into the 50s next week where I expect it will take a breather before a crack at 60k and beyond.

I understand the nerves, particularly with a big position and particularly early on. What i would say is that despite plenty of reasons not to, Argo showed good resilience today. 265p really isn't very far away and I full expect we'll be back above that next week, given the amount of positive news we have had, and have coming. My advice (issued hypocritically) is to try and steer clear of the BTC price and tune out over the weekend if you can. Alternatively spend time familiarising yourself with the unique quirks of cryptocurrency, mining and our great company. Knowledge is power, after all. You'll do very well here, I have no doubt.

Are you basing that on current earnings? Not increasing the earnings by, say, 25% every month? For 6-8-10 months?

Finished incredibly strong at $3.41 having been in the 20s most of the evening...

December close: $0.50
January close: $1.16
February close: $3.41

If it follows the pattern then the closing price at the end of March starts with a $7 ... I for one think that would be acceptable.

Good luck to you Ian. I commented last week to commend you on how far you’d come as a poster since that first couple of weeks in January! Health is wealth as they say. Hopefully now you can enjoy a bit of both!

Good for you, but I sincerely hope that last line hasn’t been autocorrected! ;)

17.5 p/e is less than many similar tech stocks listed on the Nasdaq. In some cases significantly. We’re also mining significantly more of something worth significantly more as the days and weeks and months slide by... it’s exponential!

https://twitter.com/hindenburgres/status/1365359064465702914?s=21

Might help us...

https://stocktwits.com/london_balling/message/295924927

This is absolutely worth a look. Sorry to cross ramp myself but can't put these charts in here....

Credit to you for admitting that Pearls. Personally I bought when they were 4 and 5p and I'll buy more in April when they are £x.xx and I will think about slicing once they get to £10....