Member Info for mysteryguy

City - I have kept a position in this company and have been offloading gradually. Like i said the fundamentals on this company are good and hence why i invested and whilst i share your excitement you need to calm down. What goes up must come down.

If you think people or institutions would buy 40k blocks of a company who's share price has just gone up 450% in a Month then my friend you have no idea how trading works. I believe the fundamentals of this company are great and have been in and out of this company for years but right now isnt time to buy.

Those 'uknown' trades could and are most likley sells. Nobody buys when a company has already surged 450% in like a month lol

@Harchris - what price did you sell at?

I was hoping to exit out at 50p but I think I would settle for 30p too before Argo crashes.

They are struggling to dupe investors into keeping their operation running and will probably let it fall under and divide up the BTC assests.

Or do an Artificial hype so we can all sell high. fastest fingers first.

Jokes aside good luck everyone

I think we should keep this forum specific to Argo, BTC projection etc. And flush out all the non relevant post we seem to be getting.

So one thing is clear is we are not aligned to BTC anymore. In other words any increase in BTC is having little impact on the share price. It would appear to me that Argo's current share price has already factored in BTC within a range. My question is what range? 100k -

Could we start seeing historic share price movement if we reach over 100k? or less?

How long can we withstand the current market? crippling debt and uncertainty is halting Argo from moving up.

What is everyone's price target before they start dumping?

Cleansparks surge is noting compared to when Argo blew up.

That being said Argo like all miners now are struggling, I think even with BTC reaching 100k we wouldn't even cross over 0.50p. A far cry to the good old days before they riddle themselves with debt.

What's everyone's exit price out of this dog **** company? lol

wow so even if btc would hit 100k we may just only hit 0.50p. man i hope this layer 3 approaching super surge prediction happens asap so i can get the **** out even at 0.50p haha.

Come on Argo 0.50 and im out of this dog *** hurry up

And why would they lie haha

Donotpanic - Do not panic and feel the need to ramp this just because you've bought in again. I mean your Market makers nonsense haha. Fact is every time we have an issue of shares done our alignment to BTC worsens. We need to wait for our Easter holiday and see what the halving bringsm until then its 4 days on 4 days off.

Oh spreads improved they dont want our shares after all lol

Spread is over 6% Market Makers must want our shares lol. No but on a serious note I don't think the placing has affected us too badly (trust me I've see worse) however it does sadly mean our alignment to Bitcoin is not as good. But Bitcoin has a lot of attention now and many factors that can drive the price up if momentum continues.

Like i said before I think we are mostly at a loss here and£1 seems a long distance but what's important is for us to have our exit price penciled in.

Good luck all.

Argo's price follows that of a shift worker working 4 days on 4 days off. The spikes can be the days and the dips can be the nights with the mega surges being the holiday period. We just had a xmas holiday and now its back to work 4 days on 4 days off for the best part cancelling each other out. Let's see what Easter brings. will it be a good holiday or a bad one?

Let's face it we are all at a loss here and waiting for a miracle. The stark reality is we have to draw a line at some point £1 seems a far and distant dream with many factors needing to play in our favour. 0.50 and ill call it a day me thinks. Otherwise im stuck forever lol.

Whats everyone else's exit price?

Lol

Misterbeck - you forget to mention the buying/sellings costs. Selling at 0.40 you'd be lucky to get 0.35 and buying at 0.20 you'd again be lucky to get it at 0.25. Market makers set the spread for a reason. +0.10 profit? Lol you'd need a massive outleigh to merit tjat risk haha

It is very common to see massive sell offs at the end of year as investors often look to right off losses as part of their tax planning and take profits out only to re-invest at the start of the new year. so don't be alarmed by what you see. Also ignore the derampers who are praying it crashes to get in at a cheaper price. Truth is I firmly believe this will explode come January. Buckle up and get ready for the ride.

HH - The share price a company trades out is primarily sentiment driven especially in cryptic assets like BTC that is purely just speculative based. That being said the halving due in April will almost certainly drive this price up that we know and as Argo's price is linked directly to the price of BTC. Most of us stand in a good position to reclaim most of our money back. If you think it's value is only 10p then good luck getting a position at 10p. I think 20p is the bottom. We are just getting started. January will be explosive. Have been invested in Argo since January 2021.

Hmm well BTC price needs to keep up for now its just sentiment