Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Mara stuck in the mud this evening. Clsk similar...
Agreed Dags, No one ever times it perfectly every time selling at he peak and buying at the bottom. If they tell you they do then they are lying. I did with Riot but that was more by chance than design. But thats my strategy to sell 'near' to the top and to buy 'near' to the bottom. Thats good enough for me and good enough to accumulate profits. Im comfortable with that. if one continues to seek perfection then angst will continue to follow them.
Dags. yes I remember the Wulf charge to 4p. Bailed out on retrace at about 2.5p. Went back into Wulf quite heavily about 3 weeks ago. Sold off Riot at their peak and rotated to Mara, but heavily reduced my holding there 2 weeks ago after the massive dilution. Still keeping small holding as believe many will reinvest there as they are best placed to prosper post halving. Largest holding is still MSTR and no regrets there. Not sure what to make of CLSK at the moment, think sentiment is bit blown on that stock but should still do well post halving... Anyway each to their own. Everyone invested will make profit this year but not sure about those waiting on the sidelines. Btw I noticed VeryPI was talking to himself on here earlier...
*supressed
Dags too true. But its a long and winding road with many twists, turns and surprises and quite difficult to predict at times. There were a combination of factors contributing to miners SPs being surprised including director sells, dilution and coupling with BTC drop but I also believe the correct post halving is now priced in. Looks like Kerrisdale's short on MSTR is back-firing quite nicely and wouldnt be surprised to learn they had been exiting their positions in the last couple of sessions. Wulf always prone to a few decent spikes northwards and mara gearing up nicely too. Lets see what CLSK can do over the coming weeks.
Haha like it Dags both barrels.
To be fair to MNS I think a lot of people considered stopping out of the miners pre-halving - but thats not for me too risky as I believe the corrections have now priced in as we can see with the suppressed SPs + recent drops during march.
@iangibbins67gmai. Same as me. Got played today on both stocks thinking mara was the safe haven. Ouch!
By the way has anyone seen Bowlers!?! "Well lads now we know argo gone bust"
ARB currently seems to be enjoying a stay of execution.
Same here CLSKBull. I actually closed all my clsk yesterday. Trying to identify the next big mover. Wulf made a big move yesterday as I predicted it might + mara gearing up.
Mara price action is perverse... but a nice healthy push north today with profits coming in from other miners.. long may it continue. Obviously it has been played and still is.
MSTR up another 2% AH. I'd be tempted to rotate some into Wulf tomorrow seeing how they underperformed today. Was held back but the stock is always prone to a large rip northwards. I know maras numbers stack up and should be leading the pack but once shorters get their teeth stock into a their chosen prey they rarely let go... and in my experience and from what Ive witnessed with other stocks that spells big trouble for the foreseeable. Not tempted.
Mara has just gone green what's happening there. Wulf looking weak today.
Perhaps a playful and inspiring woke purple rainbow version might do?
@dagenham - Cleanspark at $17...
Agree Chaebol. Seems like western economies getting on top of inflation now. Today uk announced its inflation rate had dropped to 3.4% the lowest it has been for 2 years. Expecting interest rates to be cut soon. hopefully in the US today.
Sounds like you are up too Growth. WD. I agree there was probably a small shift rotation from MSTR to the miners in the last week or so because their SP was looking a little overheated and overbought. But just yesterday Saylor acquired 9,245 more bitcoins to further strengthen their position. MisterB sure the MSTR monster is very much alive and is sure investors will be returning to this safer haven as we get closer to the halving. Still have faith in CLSK too which looks like its going to be one of the stronger survivors. I prefer to 'zoom in' than 'zoom out'... Im not one for buying + holding regardless, just to prove my decision was correct... Adjust tweak PF around 10% on a weekly basis.
MSTR compound dropped 13.45% over the last 5 trading days, but still showing a 101.07% increase over the last month. Bothered.
Me - I was certain the SP would return to 1p.
It was obvious - the same thing happened on the last pump following FGs vacuous RNS.
Mara has almost retraced 50% from its 52 week high of $34.09
Aha I see Colonel Pump'n'Dump has entered the building again.