Member Info for misterbeck

@LA. Think you got the wrong end of the stick again.
To clarify, I bemoaned the fact that I hadn't migrated to HUT before this week. I waited because I was confident that ARB would receive a decent RNS monday am.
Currently ARBKF is down 6.68% and HUT 2.17% since the late BTC drop off.
The disparity has been there for all to see over the last 2 weeks and has been pointed out by the figures shared by CaneToad.

thanks for the figures CaneToad. Very revealing.

ARBK down a whopping 6.68% at the moment. very grim

Indeed TheeDuke. I concur it has been a great week, that is ever since I migrated to HUT on monday - top of the crypto risers today + additional 4-6% rises most days this week. So far up 33% over last 5 trading days. Not too shabby.

shut your maaf and look at my wad!
I got loads!

@Blubay. In reply to your 17.48 post.
I gather from your message that you have assumed that I have been a LTH of Argo (diamond hands) - but that is not the case.
I learned from my early years of trading that diamond hands was always a recipe for disaster.
I have traded this share many times over the last 6 months and made some profits and had a low average here before selling out at 110p.
I regularly review and refine my PF based on recent performance, potential growth and toxicity.
I bought in again last week after seeing bitcoin had turned a corner and bounced strongly off of support.
I thought I was well placed to wait for a 'positive' monday rns but felt very let down by not only the mining figures + lack of transparency again.
At the end of the day its all about identifying the best recovery mining stock to make the most of the BTC recovery.
All the miners went down together and they will all go back up together, except for one.
So far so good with hut (and all the other miners). It will be interesting to compare again in a couple of weeks time.
But I believe that the toxicity and bad sentiment is going to hang around ARB for a while yet and the market clearly knows this.

Yup quelle surprise - all the other miners up 4-5% today. ARB down. This stock is clearly broken and unwanted.
Glad I bit the bullet and sold out on monday soon after we received that dismal and disingenuous rns which effectively removed my last shred of trust in the PW + the management. Already reaping the rewards after loading up more in hut just a couple of days ago. I hope the rest of you long-suffering investors here will be rewarded in the end...

"Yet more FUD to scare people."
bitcoin up 18% in the past five days, argo only up 3.14% in the same time.
That is not FUD that is FACT.
ARB stock is not performing and has rapidly become less and less attractive especially since nasdaq, it has been broken and we have a right to question why and to highlight the glaring errors of mismanagement, lack of transparency and the likely causes.
To ignore the facts and excuse PWs actions away is your choice, but its a dumb choice.

This morning one poster on $ARBK stockists put it like this:
"bitcoin up 18% in the past five days, argo up 3.14% in the same time. Google it. Fudging joke stonk."

@JAMESY1980. Me too, after overnight BTC rise and other positive crypto news, I was hoping to sell into what I thought would be a modest rise to 84p this morning. But buying pressure and sentiment are currently so weak the SP could even make that.
Guess I am stuck here 'short-term' until the next rise into the mid-80s whenever that will be.

@Jaybike. Thats because the smart money quickly grasped that there are far more lucrative plays backing alt crypto miners than this one. You trap your hard-earned in here and you are likely to miss out on the back of future BTC rises.

@Duke, I too am gutted. Gutted that I partially loaded up back in here sub 70p over last couple of weeks instead of HUT or Mara where the real gains have been made from the recent BTC bounce-back.

Can see us creeping above 84p today.

Well done on the 3.85% rise today. Impressive when compared to the other miners.

yep the rewards of BTCs bounce back won't be enjoyed over here.

Indeed Chaebol

Hut and Mara up 11.5% today and almost the same yesterday and ARB up a feeble 3.8% after BTC almost gains 10% in 24 hours.
Its clear the market is not fooled by these chancers... their lack of transparency is greeted with suspicion
and caution and so it should be. The risk with ARB is now much greater than with the other miners... with a cash raise now looming and expected.

Other miners are flying. All have enjoyed double-digit % increases in last consecutive days. ARBs SP still stuck in the mud.

Don't worry Beckham cares about this.

"Plenty of games going on!!!
As always transfer from impatient to patient!"

Agree the impatient got out at 4p
and the patient are currently holding at a 25% lower price of 3p.
Yes I see the transfer of wealth has happened already...

Too ugly for me to too. Crypto pessimism is currently at an ATH + Fed rate hikes only deferred one month to March...