Member Info for Paul2566

I hope you are right or I've made a right fool of myself.

BTC was down over 7% at one point.
ARB followed and overshot.

BTC is down, I think thats spooked the private ARB share holders.
I am not certain why BTC is dropping.

Whats Hollyoaks

Relax.
I think we will be back in the low 90's soon. Just not today.
BTC is down and the drop is spooking people.
Buy on the dips.

I don't think I will buy more today. I don't want to fall into the trap of catching a falling knife.
However if we see <85p I will be very tempted.

Kept my powder dry and bought another 5720 shares at 87p. I missed the 86.5p as I got greedy.

I wont buy anymore today unless the SP hits 88p.

I could have waited and bought lower but it met my target price, and I would have bought more but missed the drop. Never mind, still happy I stuck to my plan. Just wish I had bought more than the 6187 shares I scooped up.

Bought at 89.58 on the bell

I think today could see a drop in the SP as there are some profits taken early on and in a reaction to the BTC price drop.
However I can't see it dropping below 90p, and it will be a temp opportunity to buy.
Share prices naturaly dip on occasion and my observations are that ARB are at the moment quite a volatile stock.
I don't see anything to worry about at the moment and will buy at or below 91p.
I think the SP will continue to rise over the comming weeks.
I personally will continue to take profits and buy on the dips until I see a change in the market or find a better stock elsewhere.
I don't get attached to any stock, they just exist to make me a profit, and at the moment I believe ARB fits that criteria.

Would I advise anyone new to trading to invest in this stock, well yes and no.
Invest with a view that you could loose about half the value in a worst case scenarion, and that you won't get spooked and sell at a loss in short term drops, and I'd say yes, you may well be rewarded with the risk by substantial gains.
Invest the bulk of your savings in this stock, or of a nervous disposition, then no look elsewhere.

Slow lane is fine by me. I'm retired (Reasonably early), and only have a modest income, the slow lane adds about 8K to my income P/A. Slow and steady generally if not always wins the race. This year I may liquidate a relatively large asset, and will likewise allocate most of that to the slow lane.
In my 20's and 30's I was less risk adverse, as if I lost the lot I had time to build my assets up again, now in my 50's, I find I'm more risk adverse, to each their own.
The point of my post was to remind some the harm they may cause to those new to trading, by making claims backed by little or no documented research.

I think some either haven't read and digested my post or have not understood what I was trying to put accross.
Of course I hope this SP zooms up, but that is only hopeful, it is by no means certain. Will it make substantial gains in the next 24 months, yes I think it will, especially if other mainstream players like PayPal take it onboard.
But my thoughts, hopes and wishes are like gypsy tears, they mean absolutly nothing.
I am certainly not a big or even a moderate investor, my total portfolio only sits at 120K, so you can see that the 5.5K I hold in this stock reflects my view of the risk.

Zenga

With respect its not a bargain, its worth what someone else is willing to pay.
This is a high risk share by any definition, and as usual that is linked to potential high rewards, but its all about the risk management.
There is no way anyone should invest all their free cash in this stock.
Not unless they have a very lowaversion to risk.

There are some crazy people on here with their brains in the clouds.
I can make 1p - 2p a day on the SP with some careful buys. I'm not playing with huge sums, only what I can afford to loose half of. Plan is to make enough to allow me to hold with a large margin of safety.
Most of my portfolio is in mainstream stocks, UU., GSK, SSE, BP, ADM, BA., NG., HSBA, LGEN, TRIG, UKW, ULVR, and VOD.
Started with 5K last Friday, now at 5.5K.
I will continue to try and build a buffer of 2K of free shares, and then just hold for potential upside.
Expecting to see this rocket again is hopefull, but a strong steady up is not unrealistic.
I can see real upside in this SP over the next 24 months, but can we please stop these ludicrous speculative claimes, It helps no one, and can really hurt unwary new investors. We should be here to help each other make money, and not be emotionally attached to a stock.

Me too 5888 shares at 0.92

Thanks

I'm new to ARB and this may be a stupid question, but the business seems to be cash rich and do you think they will pay a dividend in the next few years.

I bought a batch of ARB yesterday on the up, SP fell.
Bought another batch today averaging down, SP fell further.
Thought ok, so bought another batch averaging down again, yep SP continued south.
For the benifit of all I have stopped now, but you have my most sincere apology.
Holding at £1.0602 including fees and tax.