Member Info for Scottman72

They had two potential buyers. Both from Idia. Both saw the light of day and didn't buy.

The 'idea' of a stock has little weight. There is one fact that determines a stocks future.
A) A good BoD can turn a poor idea into a successful buisness.
B) A poor BoD can turn a good idea into a failed buisness.
Which do you think DISH is.
Hit recommend if you think its A). Otherwise hit recommend if you think its B).
;)

Oh dear.
Someone wanting to stick his head in the sand and ignore reality as it doesn't sound good.
Ok, let's all paint pastel colours everywhere, bring the sun and shades out, light up the barbeque and let's party! Yipeeee.
Oh, what do you mean DISH just went bust, we were having such a great party celebrating DISHs bright future at the helm of such fantastic BoDs (not).
(Sound of head bouncing off a table . . . . several times)

Bounced off 200MA. If it breaks that could easily pop 9k

"If I haven’t seen significant growth by the end of Q2 2020 I’m gone."

Bloody hell fire. Prepared to hold that long. Might be bust by then.

Glad to see that some are 'starting' to realise how dire this stock is and that it's most likely not going anywhere.

Signing off for now, back I a short while to check if realisation has sunk in anymore.

TTFN

Its partly a chicken and egg scenario.
Punters won't sign up without restaurants and restaurants will be reluctant to sign up without punters.
This is especially true with BD. For a true yield management facility it takes a reasonable amount of effort of the restaurants part to input the data relevant for the yield assessment and predictions to be made. If the restaurants aren't seeing the results for the effort they put in, they will leave.
This is what we are seeing.
Those that do sign up try and don't like. It's also backed up by the small percentage of restaurants that move over from pouncer to the BD model.
It's just simply never worked and they have not to date changed things to work.
Distaste in the making.

JS,
There are currently no signs of any possibility that they will grow restaurants in any significant numbers.
There has also been alot of nonsense talked about it being the summer as an excuse for restaurants not having spare tables and thus not signing up.
In reality, you can walk through anywhere midweek and find loads of tables spare. Unless there's a specific event on such as the Edinburgh fringe where the city is mobbed.

Little bit later than expected, but looks like BTC finally broke down again. Headed for 7.5k now.

I'd wait till later today and see what happens first.
;)

Monty,
This has been running for something like 3 or 4 YEARS not weeks.
Hiw long do you think it takes to get a startup like this going?
I can tell you this if you presented this setup to Alan Sugar he would not only have fired them he would be laughing himself under the table.
A complete shambles if a startup. Several years of only losing restaurants and no signs of being profitable within the next 10 years.

Upper channel at 12p. So do not sell under any circumstances

Nope. This is a low. Ideal time to buy. Currently at very low extent of channel sue to drop in BTC. 1 month from here will be significantly higher.
BUY

Losing reception till tomorrow.
But is that BTC just breaking through to next level down?

Sounds more like management speak for an excuse that they can't get restaurants to sign up as we've been staying for a long time.
But they cant admit it otherwise the SP would tank overnight rather than over a month or two.

Errrrrrm no Late.
Late by name Late by nature.
Leave too late and leave with nothing

Stix being one of the rampers that doesn't care about the investments other are losing as a result of his idiotic, uneducated, unresearched ramping.

What annoys me more than anything is the idiots on this BB that blatantly ramp this stock almost as badly as the BoDs.
Anyone posting on this BB has a responsibility to post accurate information. There are people who read this BB that will happily invest in junk because some 7W47 on here states that there will be 100,000 restaurants signing up next month or watch the money role in when they get this or that.
All based on hypothetical nonsense. The only thing that matters is whether the BoDs are delivering and they are not.
Ignore the dampers, DYOR and ask yourself if they are delivering anything against what they said they would.
Never ever keep invested in a stock with either no future or a dubious future.
Sell up and invest in a stock with proven track records and bright futures. There are lots about, ARB and BIDS are great choices at the moment. Both undervalued and about to take off.

Said it before. This company has been the joke of the LSE for a long time.
MACD has crossed and is about to go negative. Get ready for a drop to 2p

BTC currently held at 200-day MA. But signs of weakness are appearing. Won’t be long before it drops again.
On the bright side this means more miners will become uneconomic bringing the hash rate down, which means more BTC for Argo.
Note this is one of the reasons why number of machines is important. Hash rate will vary with economics of minability which is linked to BTC price. Thus for Argo, profitability in revenue should remain about the same. I don’t think most realise this.

Quicker than expected, but that's broken the decending triangle as well. Could drop to 5k but more likely around 7k