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Grabbed some too
Jupiter are loading up, they know where this is heading.
I think next week this will be 110-120p range.
Id be happy with 50p, let alone a full blown quid, x10, multi bagger, yes please!
Yes but HYVE would of been your biggest gainer, I tiipped it at 80p, it hit 108p today, dipped to 100p due to profit taking, can still see an easy 150p within couple of weeks on HYVE.
Events industry will be back on next year and upto full speed by end of year which values HYVE at 350-500p a share, at 100p they are very cheap.
Profit taking and dont blame people for doing it, some are here from 50p, 60p, 80p etc so hitting 105p results in big profits, always wise to bank solid profits.
However it does mean the next move upwards will be even quicker as there is no upper resistance now until beyond 110p, as they say buy the dips and hold or sell on peaks. This is moving towards 150p very soon and likely before December 1st results.
Oxford vaccine will move this north more so than any other vaccine.
MM's do their stuff, they play with the SP as much as they can but eventually at somepoint they have to unleash it, that can happen at anytime as they can't hold it back forever just be patient.
Everything is looking amazing here, next week can see this in the 12-15p range. DYOR!
This is simply massively under-valued, BTC has now passed $18,000, and looks to pass $20,000 this week and this is still trading around 10p, this was trading around 10p when BTC was $8000 and they had less miners, this SP should be double what is right now, I can see this absolutely flying next week when BTC has gone beyond $20,000 and bitcoin is firmly back in the headlights of all the media.
Another good share to watch is ARB - Argo Blockchain, bitcoin values are shooting north and ARGO is looking good for some very nice gains.
all consumer graphics cards are sold out too, the nvidia 3000 series are great miners, but trying finding them in stock anywhere in the world.
Looking back at the charts this was 10p when BTC was $8000 and they had less mining machines.
BTC is now $18,000, predicted to be $20,000 soon and predictions of 100k plus next year.
So unless I am missing something why is this SP only 10p when BTC is now more than double and they have more mining machines. Surely this should be truly 20p plus, has there been share diluation or something or is this just playing slow to catchup?
I see shares like RIOT and MARA in USA have shotup by 50% plus in last few days, yet this is lagging behind massively.
Can it dip below 100? Yes, profit taking or maybe media spinning negative news on vaccines could send this back to 80-90p levels.
Could it go straight to 150p from here, yes also possible, Oxford vaccine due any time will give this the next leg up to 110-120p range, maybe higher as if Oxford is 95% effective that is the vaccine that will be favourite and is made here in UK so bound to impact UK stock market very well. Of course Oxford could also release bad vaccine news and down we go to 80-90p levels but of course it would be s short blip and soon go back up.
Hence buy on dips, sell on peaks or just sit it out and hold.
DYOR!
No problem, up again today, will be all good here and just buy on any dips and hold until next year. DYOR!
Vaccines are here but facts are:
- November is still lockdown in UK.
- Normality won't resume until earliest of Easter next year, maybe as late as end of year.
- Peak season is here and even if lock down end in December, people won't be rushing back to high street as the virus is still here and vaccines won't be available to anyone under 70.
Business here as normal and by the time Covid is gone, BOO would of sorted out their act and will be 400 or 500 plus.
I totally understand why vaccine news can impact online companies, as many online compannies have being stay at home plays and benefited hugely from it. Yes BOO has benefited from stay at home too with grow beyond expectations.
But if the pandemic ends tomorrow, BOO will still grow within forecasted expectations and still has so much upside potential so the knee jerk reactions to vaccine news here is rather odd, however it does represent a great buy in opportunity.
I would not be surprised at all to see this close around 290p today and still pass 300p later this week.
On other notes stocks covid has negatively impacted will show some great gains.
Another vaccine enters the fight against Covid:
https://www.bbc.co.uk/news/health-54951650
Pass 100p today?
Maybe today it can pass 100p or will it retrace
https://www.lse.co.uk/rns/HYVE/pre-close-trading-update-and-further-cost-savings-e5j8pzth2rftq0k.html
Covers finances somewhat but December 1st is next major update on earnings
No one can say when or if and no one has a crystal ball.
If there was answers to these questions then trading would be too easy.
If you do your Ken research you would see this share used to be £10-12 SP before Covid but they since did massive share dilution to raise cash meaning the new pre covid SP is around 350p and this was done back in June and it generated enough cash to survive until 2023
Check previous RNS as it’s all there in black and white.
Jupiter increased their holdings last week also to beyond 5%
Clearly gonna survive, this is a massive covid recovery play now!
Enough funds raised in June from dilution to survive until 2023 on the basis pandemic was gonna go on for years.
Vaccine is hear and normality can return as early as Easter 2021!
SURVIVE!