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Reasoned and objective Sir. It's a pity (and a blessing in many ways) that some gullible investors, demonstrating an astonishing capacity for naivety have been taken in by this blatantly obvious, incredibly see-through, anonymous manipulation.
Notice how all the derampers (old and new) have suddenly come out to earn their pennies. Wanna know why? Because the shorts are trapped and need to exit their positions, hence this nonsense. They are in pain people, which is where they should be and the rising share price increases their agony, hence this desperate attempt to get the price lower so they can get out before their positions become even more precarious.
Do the research people and make your own minds up. They have been exposed numerous times. Pure fuddag and nonsense with the sole purpose of panicking people out of their positions so they and their cohorts can profit.
Stranger things and all that. Would be a great fit with plenty of value to be realised. Just sayin'. Plus, would get us clear of the London Stock Exchange and fully onto Nas as there's no way Saylor would leave it open to continued manipulation by the City toe rags.
Market manipulators making the most of their last days in the sun before most of the decent companies listed in the UK are bought out by US and foreign Private Equity, delisted from London and relisted stateside. Highest number of PE buys this year of undervalued UK companies in decades. 150 billionsworth if not mistaken and we're only half way through the year. At this rate, the London Stock Exchange will be bereft of any listings in a few years. Why? Because it's institutionally, manifestly and demonstrably corrupt to the core with manipulation running rife to the detriment of the companies listed thereon and by implication the private investor victims who fall prey either directly or indirectly via the institutions. The sooner Arb goes ADR the better. The sooner Arb completely delists from London and migrates entirely stateside on Nas, even better.
Program this into your minds as armour plate against the fuddag merchants, manipulators and nysayers and a constant reminder of the true position and the very bright future ahead. As your man just said, The Big Money went on a huge campaign of false narrative while simultaneously buying it up. It's just a matter of time before the scarcity programmed into the system shines. The BTC system that is.
Excellent, quality post. Just one clarification. Michael Saylor made the very important point about BTC miners keeping their BTC on the books and also purchasing BTC to increase their holdings. Saylor believes this is the unseen emerging development that will lead to a negative stock to flow position (as happened with the telecoms and cable companies) which will catalyse and force the price of BTC much higher by an order of magnitude. I agree and ARB are at the forefront to benefit from this almost certain evolvement.
ADRs will result in an upwards rerate as has been evidenced by the numerous companies that have taken that course. However, a better strategy is to delist from London altogether and just go all in stateside on Nas. This is no doubt what will happen to all the UK companies now being snapped up by foreign investors (mainly US) because they are well undervalued (manipulated on the LSE). Won't be long before the LSE becomes akin to a third world player.
Go onto heni.com and check out the action on The Currency, Damien Hirst's creation of 10,000 NFT artworks, backed by 10,000 corresponding original artworks. $2,000 a pop if you applied and were lucky enough to get one. Started trading this morning at average of circa $6500 and increasing. The whole process has been a pleasure to be involved with and super smooth from start till now. If this is any measure of blockchain over traditional, traditional is dead, Dead, DEad, DEAd, DEAD & DOUBLE DEAD!
A little like nominee accounts while they accumulate so as not to alert PIs as that would give the game away and lead to a stampede. All being acquired for the ETFs and other BTC funds and will be sold on at multiples once they decide to let the price rip upwards.