The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Twib I certainly do ;) I’ve been stung by RMS and I’m seeing something very similar happen here!
That the test results that come back will be disappointing... and what that could mean for the share price?
We could be talking an 80% drop in a day
Suppersaint - I don’t know the details of all the different altcoins no, I just know there are thousands upon thousands of them, each with a unique characteristic.
What makes the particular set of coins that each of you are invested in the special one? Why not all of them?
Niftycyril - I agree, holding large amounts of cash long term is madness, I have barely any cash that isn’t invested in either shares or property.
But QE isn’t enough of a reason to push people towards an asset that essentially does nothing. Inflation has been around for a long time, and is necessary in the economy.
Racing. Gold is a store of wealth and always has been. Who decides that Bitcoin is a store or wealth now? Why Bitcoin, why only bitcoin? Maybe you can add other altcoins in there; but where do you stop? Is dogecoin a store of wealth?
The fact is, the vast majority of these thousands of altcoins have been set up so the creators can get rich.
Regarding the big investors - tesla, MasterCard, visa are smart enough to know news of their investment will have an extreme positive effect on the price of this asset. It doesn’t mean they think it’s the future.
Like I said, if this crashes, what you’ll find is the BIG PLAYERS, the 1%, will have all the profits, and all the smaller people, the 99%, will have nothing.
Firstly a disclaimer that I think ARB is a very well run company and the SP will very likely increase further.
But can I ask if you guys as investors actually believe in crypto?
Let’s face facts here, the crypto price is driven by hype, hope, greed, FOMO and herd mentality.
There are tens of thousands of crypto currencies out there, Bitcoin happened to be the first.
99% of the people buying right now aren’t buying to spend; they’re buying to hold and make a profit, but when you’re doing this and the asset you’re buying doesn’t have any fundamentals except for sentiment and hype, it’s a dangerous game.
Would anybody genuinely be shocked if we fast forward 5 years and crypto has crashes, 99% of punters have lost and 1% have made gargantuan gains?
Then we come onto a company that right now looks brilliant, and short term is excellent - what happens to ARB if crypto goes bust?
I’ve heard on the grapevine that Gareth cave is actually Banksy - if the masks fail he’s willing to sell paintings for RMS
Jump on board
Poorinvestor
NO WAY!!! Do you know someone at the company?
I’m buying more before that hits the news
SP is ticking up... my guess is:
1. Machine is operating at 50% capacity
2. Just got off the phone to bozza Johnson who put in an order for a couple of billion masks
3. Licensing deals signed with Volz
4. Euromillions ticket bought by RMS has won the jackpot
5. Gaz Cave has just found that missing computer hard drive with hundreds of millions of pounds of Bitcoin on it
Jump on!
Ade - 1 bent CEO doesn’t make an entire company fraudulent. He saw a chance to make a few million and took it, he was quickly pushed out the door.
If this was a hoax, Gareth cave would’ve sold his substantial
Holding at any point in the last 4 months when the SP has been hovering between 2 and 6.
He didn’t, so he is either deluded or he knows there is a good product here that can be made a success
Ade why on earth are you still here? Could it be that you’re absolutely desperate that this doesn’t rise so you’re trying to convince everybody else it won’t?
A good RNS and this rockets, if you don’t have the nerve then get lost
I believe Buffett also said “RMS is the new Apple”
If the people on this board took that advice they wouldn’t nearly all be in the red right now.
Most of them were greedy when the SP was at 6p and fearful when it hit 1.5.
Be fearful when others are greedy
Be greedy when others are fearful.
Share price hasn’t risen because the rollout of these masks has been a disaster. If they get their act together and produce some now the machine is up and running, the SP will increase
Great job averaging down Doug, you’re one positive RNS away from being back in the blue. I think we turn a corner this week...
Sometimes when you’re in a rut like this it seems never ending. We were the top falling AIM stock last week - a bounce back will happen this week, of that I am sure.
Any good news comes out and this SP takes off.
Licensing news and we are looking at 100%+ at this price
I honestly think the BoD and many serious LTH’s will not believe what the SP has done in the last 2 days
I’d expect a 50% drop on absolutely devastating news, like the machine doesn’t work - but that’s not the case
It works!
The crooks are gone!
The most trustworthy man in the company now has power!
We are producing masks!
We may still confirm licensing and orders in the next week!
I cannot believe you can pick this share up for 1.6p, when it was 3p before we even had the mask results, insanity!
For those who held on; well done - things are looking bright for next week, I’m expecting to see some very positive news and movement coming out - it’s our time!
For those who sold out, don’t go risking this money on companies that have already multibagged, like BRH or ARGO - you’ve got a good chance of losing 50%+ of your stake again. Sorry to see you leave and I think you will regret it.