The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It’s funny reading the posts today. It seems a lot of people have invested in a Bitcoin miner and don’t know much about the underlining asset.
Bitcoin doesn’t need anything, it will continue block after block and those who choose to use it will do so.
I suggest studying what makes it ultrasound money, it might help you sleep at night when the SP isn’t doing so great.
@ST,
Hats off to you for keeping everyone informed, alongside other posters who are very knowledgeable on the company.
I think everyone needs to remember that these are POSITIVE results, as Dr Suzy has said herself.
Investors buy on rumour and sell on news, so the retrace has occurred and perhaps our SP had this news somewhat priced in.
What’s your view on timescale for the next set of events? Other than 201 full results by Q4.
Bit of an anticlimax regarding SP but the main thing is the results are good.
Seems last weeks rises had them already priced in?
Time will tell, but if we can maintain this SP then a slow and steady push up is welcomed instead of PI’s getting spiked.
My naivety reading too much into some of the ridiculously confident posts on this and SYME’s boards have landed me in deep red waters. Wasn’t expecting this.
Is anyone still hopeful that the 201 Update is going to be positive? Otherwise this could surely sink back to sub 10p.
I did the same, the hype and fomo caught us out. Topped up slightly on the way back down but should have waited another day.
Let’s hope this news and interview next week is better than expected.
It’s a lot easier to watch red days for some of you when you are already 50-1000% up. Good luck all!
I’ve sold up my BOO holdings this morning to enter here. Wasn’t able to buy first thing and got stung on an “at best” order at 16.70 then gutted to see the drop back to 15.50!
Looks like we’re heading above 17 now - wow this one moves fast!!
Are strong with WG. Considering covid I don’t think the RNS was particularly bad, most companies will be dreading their 2nd quarter Announcements.
Analysts predictions are long also.
Seems the only thing holding the SP down is market sentiment.
Here’s to a blue day today especially if US opens up in afternoon.
Yes a nice surprise indeed. I think everyone was expecting another 5% in the red across the entire market with those GDP figures and AMER and Asia performing badly last night.
I don’t think the legal bid has anything to do with the SP holding this morning, it’s the FTSE I’m keeping an eye on.