Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Argo's average daily volume in the US has been 3.7 m traded.
Today it is already over 12 million 300%+ increase in 1 day.
While the brokers mm's had stock it stayed around the US$1.10 mark then nada nothing left and that is what great demand does = 50% in a fraction !
NO SHARES left in the pot.
US $1.56 they have NOTHING to trade with only those in the US taking profits. That is all. Tomorrow they need you to sell , so I would suggest you make them pay a whole lot more by holding !
Make them pay top whack.
Marvelous what a shortage of shares does to demand of a good company. There WILL be more big orders placed in London after the US shuts @@
Those guys in the US will be up again at 3.30am to the sound of Argo Alerts pinging on price rises ! Each 'ping' costing them more to buy OUR shares each time. Fabulous pressure set up now. Keep it tight, don't sell and they will have to fill at higher and higher and higher prices.
Hold hold hold first thing tomorrow when they treeshake and try and get you to feel nervous , you are selling your stake for US investors to make more money.
Supply v DEMAND = SP pressure to rise !!!
US Listing creating BASIC SUPPLY & DEMAND. Rule 1.
Demand for YOUR INDIVIDUAL SHARE IS the US NEEDING THEM. WAIT UNTIL THE DEMAND CURVE LEVELS if you want to sell - it is pretty clear and basic economics. BUY LOW SELL HIGH Rule 2.
Many would be achieving great cash amounts here but until these rediculously fast rises stop , THE SUPPLY & DEMAND are out of step. The US LISTING is causing this HUGE DEMAND stateside. Rule 2 BUY LOW ..... SELL HIGH.
Extra mining capabilities are active from Feb - 4 weeks.
Results and news of this WILL simply add more to the company value
My suggestion. Read what the pundits in America think, then apply Rule 2 Supply & Demand , BUY LOW SELL HIGH.
It is scary seeing your account generate such cash so quickly, but you will kick yourself for selling out BEFORE the increase in mining power and actual RESULTS of company cash generation. Do you think the price will drop when they are making and mining more per month ???
Enjoy this perfect moment. Remember the rules and evaluate in Feb - only 4 weeks. Until then the demand from the US will drive the price of your small portion of the company up.
On this occasion it is very simple. No unclear drilling of oil. No new tech trial, no unsafe country who might land grab or tax your asset out the blue. Nope. Just simple supply and demand.
I am only here based on basics and a tip. I know nothing about crypto other than its limited and becoming hard to mine. Those who hold the ability to increase time and energy to mine will have all the advantages. I buy a lot of my shares on ASX Australia basically if the company has a high level to entry for competition or a new IP AND they are expanding with demand to a new Exchange to open up in a new market.
8 out of 10 start with either the money raised to open the new market or open to market to access new money.
With DEMAND way outstripping supply here , I bought in.
It is basic economics. We buy a piece of paper ( or we used to ) and that 1 share is part of the value in your hand. Mine is sitting on a table in the UK. A person in the US wants to hold that piece of paper because they think to them it is worth more than I paid.
I say if you want it that bad, you will have to fly over at their cost to buy it out of my hand ! The choice is theirs.
At this perfect time there are planes full if traders flying over to many parts of the UK trying to find you people across the UK who hold all the paper and how much that 1 share or piece of paper is worth to you. They seem to want to pay a lot more than you think so say come back Friday and lets have another look at my price.
Now I am old enough to remember paper, but you get the idea , being on a screen are lots of numbers flashing up and down in value and I think many simply see BIG numbers and forget what YOU hold in YOUR hands.
Be strong , the US WANT YOUR PIECE OF PAPER on the cheap !!!
1.17 to buy so blows that 89c out the water
US 1.17 buy
Current buy 1.13
...
Your well put thoughts interested me. I am here on a tip, I purely like the US listing and drag of shares which is putting a rocket under the sp pure and simple.
The BTC price does scare me. How easy in your opinion is it to manipulate it ? Can mm's or insto influence it for gain ?
As I say I am an energy guy not a tech investor as such.
Friend who I chat with on NEL hydrogen and I asked about how crypto companies paid for such high energy use with the thoughts or solar and hydrogen being a possible new market ?
Happen to have been very lucky and although the tip was around the 30's , after a day of idleness clicked in to see it in the 50's. I'm no rainbow chaser, 70% hydrogen at the moment.
Anyway liked the way you phrased your point.
Any info on BTC possible maniplulation very much appreciated
Tyson cheers. I don't like nor understand crypto, but the CEO I spoke to who owns a graphene company rolled of several everyday uses for it in everyday life eg security for one, make it nano coded and its invisible to the eye , say for imported cigs or car tracking ?
Tbh it scares me. However I have experience of several companies who have opened new market platforms abd in the main as long as the directors are honest and sensible its normally a win win. Its only when an sp rises so fast they go all freeked out and try and raise funding whilst they can go to the bank with a big sp. If they don't raise in the next 2 months then £2-3.00 looks pretty good to me.
Any other thoughts gratefully received. Good team work by both of us. Simply trying to make money is tough to gain easy to lose.
All the best.
RH
Spread flexed back to 1p , teehee.
Premarket orders from late lastnight now pretty much filled.
As you were ! Have some lunch and come back at 13.50pm and enjoy the fun and games.
Spread appeared just after 11am uk time.
Well could you have written it ? Yes pretty much.
Clear process of the market to allow for a large amount of shares to transfer between 2 seperate markets. They are not filling orders for free so any sellers at 75p will be sold above 80p ( whatever that converts to in US$ ) at the times of trades.
I would hazard a guess of US$1.05 - 1.10 on open. This will promote the recent rise and I suspect US$1.20+ within the first 10 mins. From there it will be down to how many sellers there are in the UK and now a small amount of traders topslicing in the US as week and day traders take their cuts. The rise will continue.
I would like to see 90p+ UK close ready for another late evening buying splurge to US close as the lack of shares after LSE closes starts to pull up the sp in US dollars.
Once the US markets are around an hour before close, the path to purchase today will probably be too high for some in the US, so those orders will be placed again overnight from the US market requested to the LSE and off we go again in the UK same as the last few days.
Plateauing will indicate this bull phase is pause to review , with a further rise in the lead up to 20-24th when again human nature will see investors piling in ready for the news of increased mining rates by Argo & extra BTC mined as the growth continues , cash builds up by the month and BTC itself increase as they gently suggest. Always a pinch of salt with predictions on any City analysis as its normally wrong, so DYOR at the much higher levels in Feb.
So for 4 weeks let the UK / US games continue.
Both markets will try and spook out the weak holders with a wild drop or two just to see if you are a serious holder.
If it drops a lot in mid session , I'd be thinking of a top up if that is your thing, but I bought at a low-ish price and well sell at a high price.
Playing out as expected for a share opening a new market platform. Keep the share float tight and keep the lid on the cooking pot, let that pressure really build between both markets and don't just give them away.
As for crypto, I am new as previously posted, but I know a good opportunity when I see there are shortages of shares in any company when making profit. The results are usually the same up to a point, then the Directors have to earn their money and not take a wrong step.
Supply = LOW.
Demand = VERY HIGH
= Perfect timing.
They want your shares LOL
US premarket must be pretty big , hahaha.
This afternoon should be of interest !
10.56am UK and they drop the prices :-)
They know people will think this is a pull back BUT really the London mm's are beginning to see the large orders they are going to have to feed the US buyers.
The London mm's need sellers in London to supply the demand. How can they do that ? Panic the weak to selling those individual pieces of paper and sending them over to the US on the cheap side.
Time and time again you will see this. Makes me chuckle.
I am only here based on basics and a tip. I know nothing about crypto other than its limited and becoming hard to mine. Those who hold the ability to increase time and energy to mine will have all the advantages. I buy a lot of my shares on ASX Australia basically if the company has a high level to entry for competition or a new IP AND they are expanding with demand to a new Exchange to open up in a new market.
8 out of 10 start with either the money raised to open the new market or open to market to access new money.
With DEMAND way outstripping supply here , I bought in.
It is basic economics. We buy a piece of paper ( or we used to ) and that 1 share is part of the value in your hand. Mine is sitting on a table in the UK. A person in the US wants to hold that piece of paper because they think to them it is worth more than I paid.
I say if you want it that bad, you will have to fly over at their cost to buy it out of my hand ! The choice is theirs.
At this perfect time there are planes full if traders flying over to many parts of the UK trying to find you people across the UK who hold all the paper and how much that 1 share or piece of paper is worth to you. They seem to want to pay a lot more than you think so say come back Friday and lets have another look at my price.
Now I am old enough to remember paper, but you get the idea , being on a screen are lots of numbers flashing up and down in value and I think many simply see BIG numbers and forget what YOU hold in YOUR hands.
Be strong , the US WANT YOUR PIECE OF PAPER on the cheap !!!
US Listing creating BASIC SUPPLY & DEMAND. Rule 1.
Demand for YOUR INDIVIDUAL SHARE IS the US NEEDING THEM. WAIT UNTIL THE DEMAND CURVE LEVELS if you want to sell - it is pretty clear and basic economics. BUY LOW SELL HIGH Rule 2.
Many would be achieving great cash amounts here but until these rediculously fast rises stop , THE SUPPLY & DEMAND are out of step. The US LISTING is causing this HUGE DEMAND stateside. Rule 2 BUY LOW ..... SELL HIGH.
Extra mining capabilities are active from Feb - 4 weeks.
Results and news of this WILL simply add more to the company value
My suggestion. Read what the pundits in America think, then apply Rule 2 Supply & Demand , BUY LOW SELL HIGH.
It is scary seeing your account generate such cash so quickly, but you will kick yourself for selling out BEFORE the increase in mining power and actual RESULTS of company cash generation. Do you think the price will drop when they are making and mining more per month ???
Enjoy this perfect moment. Remember the rules and evaluate in Feb - only 4 weeks. Until then the demand from the US will drive the price of your small portion of the company up.
On this occasion it is very simple. No unclear drilling of oil. No new tech trial, no unsafe country who might land grab or tax your asset out the blue. Nope. Just simple supply and demand.
Pressure building. When the US traders get up and atvtheir desks 11-11.30 UK time or are now already having alerts pinging from the UK market, they will want in asap.
Lol. Soon.
The relief of having no debt has been one of the best things I did. Unless you have a great job that can stand the economic difficulties I would hold for Feb at least , that is only 4 weeks and new set of monthly results + US listing.
Then pay off debt if you are earning in a tough industry.
Being unemployed and over 40 is very very hard. They want zero hours and cheap labour in the next 10 -20 years.
If you can keep a lump sum in , then you have hedged your bet and improved your life. Nothing is set in stone ever.
Well done for getting to even make that amount of money.
As I said , imagine each share as a piece of paper in your hand. Each one is a single cheque written to you now. You fill in each single cheque with the value you want !
It just makes it more real.
In march a new killer virus hit the world. Did anyone see that coming ? Jabba only you know how to change your own life. I lost over £150,000 on one share. Could you ?