Member Info for Phoebus

They are effectively free if you want. You can sell enough of the shares purchased by exercising the warrants to generate a profit to cover the cost of exercising the rest of the warrants. Result is a load of shares at zero cost to the warrant holder and loads of dilution for shareholders.

They are effectively free if you want. You can sell enough of the shares purchased by exercising the warrants to generate a profit to cover the cost of exercising the rest of the warrants. Result is a load of shares at zero cost to the warrant holder and loads of dilution for shareholders.

Forget about me. Try and make a good case.

I fail to see what's changed to cause the sudden price move. Plenty of oil and gas stocks are in the gutter so to say it's due to oil and gas prices rising doesn't wash. JOG has had some odd rallies over the last few years and I'm struggling to remember when they ever had any success with the drill bit. JOG investors seem a very lucky bunch IMO and I remain skeptical.

Caracal now over 2x GDP market cap. LOL

TBH, this is the most excited I've been about ARB in a while. NASDAQ placing uncertainty is out the way and BTC appears to be making a major turn higher. Will be interesting to see how this plays out going forward. Hope this comes good in Q4 after the drubbing we've had since Q1. GLA

SP moving higher again. Climbing the Peter Wall of Worry. ;)

Nope. Taiwan and Japan only.

Cane, I agree with that. Just pointing out ARB is not NASDAQ in the sense it is normally used in refering to the NASDAQ 100 index. I rarely invest in big caps and my stocks are generally not much affected by moves in the major indexes unless moderate to severe SHTF is in progress.

Tiebanshao in basement of Xinguang Sanyue and at Bangqiao night market was delish.

Splatted, you can always enjoy rotten bean curd served in a plastic bag with a sprinkle of lajiaojiang and the waft of moped fumes. Ah, those were the days.

Splatted, you can always enjoy rotten bean curd served in a plastic bag with a sprinkle of lajiaojiang and the waft of moped fumes. Ah, those were the days.

Especially the binlang xishi. :D

I don't think a drop in the NASDAQ really affects ARB as that's more to do with the NASDAQ 100. ARB is only ranked 533rd on the NASDAQ by market cap.

Market is just pressuring US government to reach a debt ceiling deal. Once that's dusted there should be a reversal higher IMO and it could come any time. It was the same with the Fed meeting last month. Market wanted no rate hike so sent the Fed a message by selling off before hand.

Just to add, RIOT was listed during the last BTC halving cycle and at the end of September 2017 it bottomed out at $6.33. As BTC recovered and broke out in mid October, RIOT surged to $46.20 by mid Decemeber, a 7.3 fold increase in just a few weeks! Re-run inbound? We'll know soon enough.

This is all about BTC price action. If we get a gigantic crypto surge into year end as per 2017 then the miners should do very well. Fingers crossed.

I wonder if debt ceiling agreement will unleash the beast. Should kill the dollar and send cryptos, metals and risk assets moon-ward. They have to agree by Oct 18th, which is two weeks Monday.

This is all about BTC price action. If we get a gigantic crypto surge into year end as per 2017 then the miners should do very well. Fingers crossed.

I wonder if debt ceiling agreement will unleash the beast. Should kill the dollar and send cryptos, metals and risk assets moon-ward. They have to agree by Oct 18th, which is two weeks Monday.

Total 2 (total crypto market cap ex-BTC) is on the rise again. Chart looks great, breaking above September high. Defo looks like breakout to much higher ATH's could be on the cards.

https://www.tradingview.com/chart/?symbol=TOTAL2

US stocks have a habit of pulling back if there's a gap up on open before they move higher. Will be interesting to see what BTC does over the weekend. Could we be about to see a break for the ATH? Placing shares may well still be churning, but if BTC does the biz the elastic band will get stretched and eventually I would expect this to rocket. GLA