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Jeez....so many people selling huge amounts at these prices. This really does scream ponzi scheme. Anyone who thinks PW cares one bit about the share price is hugely deluded. He never did noor will he ever.
This can go into administration and what would be the consequences? Nothing at all. He has fleeced us shareholders to pay for Texas and he has a thousands of bitcoin Hodl for him and his buddies and can take another role as CEO in the future. As always it's us share holders that bare the pain from these ruthless sharks.
Argo is the epitomy of a get rich quick ponzi scheme.
A quick race to the bottom now.
Terrible terrible company ??????
Max Keiser? Haha dude is in El Salvador living gis best life. Long gone now....
He's called 220k Bitcoin finish for this year again hahahaha
I wonder if we will continue to get more videos from buyholdsell on YouTube saying how great the fundamentals are for Argo hahahaha.
If we drop below 20k Argo is no longer profitable and that means debt which puts Argo in an even worser position it is now with solely relying on one asset and having no other revenue to fund itself other then dilution and more dilution.
I really hope Argo doesn't end up going into administration but it sure is a possibility.
I don't trust PW as far as I could throw him.
ARGO goes bust after reporting endless looses due to the continued fall of BTC price.
No longer able to sustain itself Argo goes into administration meanwhile shareholders get stuffed.
The board however don't care as they have their Hodl and Texas all at our expenses and never really cared about the share price hence no purchases ever from them.
Argobull - you are hilarious. First you down play my 50s incoming prediction which was bleeding obvious and now you are downplaying it as we are already in the 50s. Moron haha.
I did say and yet I'm the idiot apparently lol.
It was obvious we were headed to 50s and worst is yet to come.
Our alignment to BTC is going to get hammered.
Next 6-12months will be bearish.
Our share price is yet to align to the current drop in Bitcoin price. In other words we are currently overvalued.
Also we are seeing a crazy amount of sells today as people brace themselves for Bitcoin to drop further into the 20k region.
But Bitcoin is a hedge against inflation? Haha oh dear how I and all of us were duped. Lesson learnt.
Yea we still haven't hit 50s yet but it's inevitable. This company and board are pure dog ****
Everybody is trying to get out of this pile of ****
Only the new novices pumping this company in denial.
As i said last week.
Sadly this isn't even the worse yet and what will this do to our alignment to BTC. 100k for £1.
This is a pile of crap
Lol
Sub 0.25 im all over this. Sub 0.20 my kitchen sink is going in....
Chopsing - I sure hope so. Hopefully BTC can break into a new ATH sooner than later.
Hope - not nothing it. BTC at 50k will move us to around 75p. But yea still dog sh**
Bluebay - Nothing to do with Texas completion or year end results. Sadly we are solely reliant on the price of BTC. We need BTC to break a new ATH to break back into £1. Sadly this may take a while.
The longer we sit bearish the worse our aligment to Bitcoin is.
Long waiting game now....
Jack - ill try but cant promise anything especially if I see dumb posts ramping this dog **** company
Veteran - not you also lol. NOBODY sells at a loss unless they desperately need the money. I don't.
It's a looong waiting game
Argobull - I can assure you I will not put a single penny morr into Argo.
I wonder if people are getting it yet? We are years away before we could ever even come close to last years high's.
Pw had managed to successfully fleace this company out and dupe us all. Fair to say nobody trusts that fraud.
And no i wont sell yet lol. Ill wait a year or so to get back to £1 and break even....