Member Info for misterbeck

This is why I reduced my holdings earlier this morning.
If the SP goes negative on a BTC spike - then what's going happen to our SP when the BTC spike retraces.

I think we have now re-coupled inversely with BTC price.

Yeah I know and we yesterday opened at 235p with BTC at just over $60.5. Non capice.

SP nudging up to 228p. Bit of a white-knuckle ride today.

I think the shorters have got a firm hold of this stock now.

Doing well today.

post was to negative "must be a shorter, day-trader or troll"

I see so the new definition of people who ask valid questions are now defined as : whingers, moaners or pessimists. WALOB.
And get your facts correct too. BTC has not been in sideways consolidation since Feb 22.

@ Moog.

Yes I think a few big director buys would work wonders for sentiment here.

Indeed DNA1. Another stock answer is 'you must be shorter if you ask uncomfortable questions'.
It is also quite simply naive to think that both 'patience' + Nasdaq will be our saviour.

Nothing to do with having patience or not. Explain how the SP has currently de-coupled from BTC for a start?

Dadsbatty. This exactly. Older and experienced investors are always wary of top Director share sales and alarm bells start ringing.

I told you so. 235p as predicted. Need to recover sentiment after the PW share sales + dilution. Knocked the stuffing out of us.

235p open tomorrow morning.

Probably be a 235p open though I am expecting.

If BTC stays at this level we should see a 240p open on monday.

"and that was..." Indeed WAwa38. Nobody truely knows. That is the question that none of us here have a definite answer for, and will only find out in the fullness of time. I have my own suspicions.

For the same reason Peter Wall sold his shares.

Nasdaq entry is not guaranteed to improve the SP. Quite often I have seen the reverse happen. Don't pin your hopes on Nasdaq. More institutional adoption of bitcoin will change sentiment and the SP as will the BTC price climbing.

indeed BodRunie. Vaaaast sells showing up after the bell. People bailing.