Member Info for london_balling

It is easier, can't lie. But it can become all-consuming too. The bad days are dreadful but the good ones are extraordinary. Hope it pans out for you!

If you had bought bitcoin AND Argo on this day of previous months... based upon Argo at £2.35 and bitcoin at $57k...

October - £0.05p - $11.3k / Argo x47 and bitcoin x5
November - £0.08p - $16.2k / Argo x 29 and bitcoin x 3.5
December - £0.11p - $18.8k / Argo x 21 and bitcoin x 3
January - £1.01 - $34.2k / Argo x2.3 and bitcoin +40%
February - £1.43 - $47.9k / Argo + 64% and bitcoin +16%

Posted without comment or analysis.

I obviously have Tiger blocked, but if it is Raju I had some good interaction with him on twitter when he publicly binned his £100k at 97-odd pence after the private placing and I can imagine he's fuelled by immense regret still. Was a sad story now, and even more now. He's a bright guy with a lot of passion, just firing it in the wrong direction again. Needs to get back to the positivity.

Most of the remaining Chinese miners are 100% hydro too, to be fair to them!

Now do gold mining! Now do other precious metals! Now do the banking system!

Presume you are posting this topic on pretty much every stock thread across the whole LSE board? Wouldn’t be right if you only chose crypto firms, especially if it was just one!

Walk in a bull run and get trampled.... got to stay ahead of the pack...

It correlated pretty damn well for the six months previous to the past week.

I presumed that poster was making a sarcastic joke that we'd only reach £3 if it gets to $66k... I personally believe once we've weathered the storm of placing/selling/waiting that we'll be much higher than this when Bitcoin next DROPS to 57k (hopefully having visited 75k first haha)

https://fintel.io/ss/us/arbkf

It's true though.... seems we have quite a lot of short interest which has come on in the past few weeks. People say that if you place a sky-high profit take price then your broker can't loan them out to anyone but I'm not sure if that is true....

Shhhhh don't tell them... let them scrabble around tomorrow at 9.30am when it's still not dropped and they all have to pile in then at higher prices than they expected...

I see. Unfortunately that is one of the pitfalls of day trading, though, right? It's hard to try to use it as both a short term and a long term prize. Sometimes it will work, other times not. He can hardly come out and say we're going to raise funds with £2 shares next week so you guys can all jump off the boat, is he? That's a surefire way to get the SP to fall well below £2 (which is what happened with then 80p placing dropped us from £1.10 to 63p in January.

Hopefully you'll get your rewards soon as Riot and Mara tend to lead the breakout whereas Argo and others are merely followers.

You lost £50k this week...? Not sure if you mean on paper? Having retained 25% of Pluto and having Texas open even a week earlier will probably make significantly more impact on your holding to the upside. You're gaining multiples of £50k in the long term, at the price of borrowing £50k of paper money this week....

£2.80.
This whole week.
March results released around April 7.

K3V, I did privately see something today suggesting they had no plans for a further 9p fundraise.... I really kinda hope they don't because I don't like the thought of what people would think if Argo had to find another £15m say.... feels like this is about as far as we can push it in terms of raising cash. Obviously if we have the credit line open then I guess pay for Pluto with that, but I really feel like we need to leave the D word alone for a couple of months at least now.

Your tweet will help, hopefully!

SR it's also apparent that Mara and Riot tend to lead out the miners when breaking out, with the rest following a few days later..... just saying.... bit of help from bitty and next week should be 100 times more fun than this one.

SR I'm quite looking forward to seeing everyone looking around at each other, waiting for £2.00 and the price just sitting at £2.20 or whatever tomorrow morning and the dawning realisation that it's not going to happen and so they'll have to scrabble for the £2.20 shares and end up popping us up to £2.60 by the close. That would make my weekend very happy.

Ian, I think that's good advice, I would add for balance though, sometimes people go all-in and get rewarded for it, I'm fortunate that I managed to get that done before things really took off. It makes the bad days far worse but the good ones are something special! :)

Personally I think that's a great choice. Very much hoping we won't make you wait 4 years for a bag.

March 11 - £2.30
February 11 - £1.23
January 11 - £0.95
December 11 - £0.10

January's private placement saw us fall more than 56% from our ATH. It felt like the sky was caving in.

Even if we drop back to £2 to match the placing price (which I do not believe we will) that would only be 41% down from our current ATH.

At times this week it feels like the room is on fire, but just look, things are better than January in literally every single possible way except one... we have way more attention now which means we have way more newbies to unsettle and also way more trolls trying to spread fear, uncertainty and doubt.

Ignore them. Know what you own. Remember why you bought it. Listen to those on here who have sold out and realised their mistake and have come back. Credit to them for admitting that, it's hard to do, and you can reward them by listening and showing the faith they wish they had maintained all along. Listen too to the people who have tried to be clever when it comes to trading to try and up their holding and reducing their average... that is impatience and greed. Yes it works sometimes but it has cost others here plenty.

Let's buckle up, ride out the week as calmly as we can and look forward to a fresh start on Monday.

I truly, firmly believe we will pick up the gains from the bitcoin run, we always do it at a delay, we will again. ATH in March, for bitcoin and Argo, both UK and US. You can quote me on that.

We've had the past few days for that... can we get going again please? :)

Well I'll be, it was being written off forever just after lunch today... things change quick, huh!