The rumour is, if you set a limit sell well above any current sp in any company, it stops the broker lending out your shares for shorting, ie, I set gme market limit sell at $800, I set a market limit sell on Argo at £10
If we say the dollar is shorting itself buy just printing more, how can the same not apply to Argo, this is a small dilution, but the cumulative effect is there for all us to see in the sp, PW is leveraging us as investors to move forward, rather than just selling a few Bitcoin to pay bills, or as someone said, thought we had a $100m credit facility at favourable rate. I love how Argo is diversifying and growing, but if the share price doubles or triples, which we all expect that means we’re paying a 100-200% interest rate
Anyone else see the Reddit thread for possible link up between arb and a f500 company, obviously don’t know if it’s true, but one thing may support this is PW never confirming or denying Nasdaq listing, (other companies have announced their applications to Nasdaq), could it be because this is the way they’re going, and also the f500 company want the price as low as possible before announcing, and it rockets from a lower level?
His latest tables reduced the price for miners forecast to a $100k btc target, I’d rather be surprised above than below later in the year, I thought $200k could be a bit far out and maybe toppy, but we know btc, it could surpass even the 200k but I’d rather be more cautious with price targets for now
Looking at the btc chart and comparing past performance from January, its looking to me like we had a mini bull run to 62k a week ago, if you look at the chart this last week, it is very similar to january, this could indicate another 3 weeks of consolidation and retesting 50-52k level before rallying again in mid april. Thoughts?
Isnt it funny how countries who want to control their citizens and money are banning crypto, basically running scared cos they see the potential power that will be put into normal ppls hands and their control diminished, to me this is a good sign tbh, luv it
stockmarket is a way to transfer money from the impatient to the patient, and we dont even have to be too patient, give this 2 months and we'll be looking back at a £2.50 share price, like im now looking at my 85p average from january, this is gonna blow lol