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Yes please. What’s with Roxanne? Thought you were Damien?!
Is that voice also telling you to come onto this board and constantly bash Argo with stupid price predictions. Quiet period is nearly over, this is the lowest this stock will go. But keep listening to those voices inside your head.
Good calls Maqsood.
I stopped looking at TA a long time ago when it comes to Argo as every prediction but be destroyed by drop in BTC, dilution etc. I should really start having a look again. Where are we in relation to the MA’s? Head and Shoulders Dont materialise a lot of the time, particularly inverse ones. But right now I’d take a drop to £1 to get back to £2 so happy with that!
Massively amateurish again from Argo that no one has checked our details on the Nasdaq site. Is everyone just sat around all day drinking coffee and discussing how they can engineer the next dilution to shaft their medium/long term investors to an even greater extent?
Lottohopes - superb post. Best well balanced message I’ve come across about Argo across the awful telegram group, Twitter, Facebook, here etc. And I agree with every part of it.
dr long - no it won’t
bucket - what do you mean by the massive drop ‘we’ suffered last week?
Argo dropped just over 20% which of you ‘zoom out’ is insignificant considering we were making 20% gains a day not that long ago and will do again.
If you are referring to bitcoin then that was a large correction yes, but not massively out of the ordinary in the crypto world. Look at matic up 120% in one day today. Crypto is volatile - I doubt very much it will change. Argo held up very well considering the depth of the correction.
Motley Fool?! Lol. Didn’t think anyone still read that clickbait rubbish!
Zoomed out of this for a week or so while the crypto market had another usual but slightly over-extended bull cycle correction. During which time I managed to miss all of the panic and comments such as ‘bitcoin is dead’ etc.
From my TA it’s still early days but I’m cautiously optimistic that we are out of this correction - still quite a few resistance levels to breach but I think we’ll still peak at an ATH September/October time.
I’ve not seen any updates on the Nasdaq listing and the remaining guesses for when it will be. Mine was next week so I’m keeping my fingers crossed!
No don’t agree.
Argo are weeks away from launching the first ever green mining terra pool. This is transformative in this space and perfectly answers Musks concerns.
If PW can get us some good PR both here but more importantly in the US to coincide with the launch then we will absolutely fly. Musk has actually just made our green mining initiative 10 times more attractive to investors looking to get into the stock crypto space.
I can’t f***ing wait!
Good point musicman1818 - Argo and Bitcoin outperformed the majority of altcoins for several months up to Feb/March this year. Now over the last 2 months many altcoins have outperformed Argo and Bitcoin and I’m glad you’ve made a return on those trades.
However this period of consolidation will end and the tides will turn - Argo and Bitcoin will outperform the altcoins again very soon - it’s definitely one not to be out of.
No one should be considering sell this on a loss - please continue to consider the fundamentals which are as strong as ever.
Do serious DD on alt coins before even considering investing - many will be burnt investing in things they don’t understand well before the bear market begins.
I don’t have time to research everything out there but for me the cryptos I truly believe in are Bitcoin, Ethereum, Chainlink, Cardano, Polkadot. All have strong fundamentals.
I have a small % in each of those but Argo is my main focus as it should be for everyone else on this board. Bitcoin is starting its ascent towards 60k - hopefully this time it can break resistance and we can have a few green days for a nice change. Keep buying the dips!
Nice idea RC.
I think we applied around the 22nd March this year when this was tweeted:
https://mobile.twitter.com/ArgoBlockchain/status/1374017312668405764
It generally takes 4-6 weeks but there have been delays during COVID so they are sat on a bit of a backlog I believe. Therefore let’s say 10 weeks. I’m going for 31st May (Bank holiday so LSE is closed) - would fit quite well.
Did anyone else notice the LinkedIn advert for a compliance officer with ‘ regulatory experience within the key US financial markets’? Does anyone know if this appointment necessary as part of the uplifting process?
I guess this could also help point us towards where Argo are in the process.
A lot of frustration creeping in today from what I’ve read.
I’ve just bought more at £1.85 a share. I see this as a steal right now at these prices.
For those panicking or becoming frustrated please zoom out and try not to check the price on a daily basis.
So much good news coming our way over the next 6 months - Nasdaq, Launch of Terra pool - mining green Bitcoin, continuation upwards of Bitcoin price after this period of consolidation, Pluto launch, Epic mining rigs and proof of stake initiative, Mining capability increase.
Time to load up if you can.
I own Bitcoin, Eth, Chainlink and Cardano. Some of these crypto guys on YouTube get paid to pump alts so be careful and do your own research too. Eth to get to 10k this bull run IMO. Don’t fret about getting into Argo too high and still being underwater this is a once in a lifetime stock and £3+ will seem like a distant memory in the next 6 months. You may get some quick returns in crypto but patience here is key for some big returns IMO.
This is exactly right. I’ve heard some reacting to ethereum rising to new highs, dogecoin, BNB etc. doing really well over the past few weeks - and these people are saying things like ‘Bitcoin has peaked on this bull run’, ‘I’m selling my Bitcoin to buy alts’.
Absolutely naive/crazy speak. This period of consolidation for Bitcoin after the 90% rise is very healthy - May/June will be huge months for Bitcoin. A little patience is key here (at least until September) for both Bitcoin and Argo. If I wasn’t maxed out I’d be buying more of both right now.
I’d be surprised if we’re not at £5 in September with everything that is on the horizon for both Argo and Bitcoin. Not many stocks about where you can x2 your money in the next 5 months.
Jesus - how pathetic!
SABY stands for - Still Articulating *******s? Yes.
It is a good deep dive into the strategy and business ideology. Interviewer is a crypto enthusiast so lots of interesting questions, sorry nothing on PW’s haircut/dog this time.
Great PR for Argo in this increasingly competitive mining space - particularly in the US.
https://bitcoinmagazine.com/business/sustainable-bitcoin-mining-with-peter-wall
Early days with our ascent back to our true value (quarters/years) but there does seem to be pretty strong resistance at the £2 mark (the primary bid placing). With the buying I’ve seen this morning I would have expected us to breach it by now. No cause for concern - the good news this week should get us over it.
@Blubay - lol whatever you’re comfortable with I guess! I’m all behind crypto and particularly BTC (which underpins it all). I see Argo as a big player in the upcoming months/years initially in a mining capacity but then more diversified across the crypto ecosystem.
All in on BTC and Argo after a period also holding Scottish mortgage trust - but that just didn’t do it for me one bit, it’s for the ‘safe and steady’ investors IMO. So now i’m 80% Argo and 20% BTC. Hardly a diversified portfolio I know - but like you I’m much inspired by Saylor et al and inspired by the institutional investment (of which we are currently aware) which has flown into BTC and of course the Argo leadership team with their exciting plans. Only wish I’d gone a little in on ethereum when I was looking at it last year but I was scared off by the competition (Cardano, Polkadot). BTC on the other hand has zero crypto competition in my view.
Anyway great place to be invested - I wouldn’t want to be out of this anytime soon particularly not from now until September (at the very least) that’s for sure!
Cryptosh*ite - OH MY GOD I KEEP TALKING COMPLETE *******S WITH MY CAP LOCKS ON!
Schools not open today or are you bunking off?