Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Anyone concerned that the dollar volume for ARBK is absolutely tiny? I know macro is a bit uncertain atm but we are an order of magnitude or two away from the other Nasdaq miners including the fellow up-listers. I'm seeing an average recently of only around $2-3M traded per day for ARBK and $25-45M+ for the likes of Hut8 and Bitfarms, and an enormous $150-300M for Marathon and Riot. Someone enlighten me please? It's like the trading algos from II's aren't even picking it up.
I'm no expert on the mechanics of this but does the whole options derivatives structure on the US exchanges contribute to the stronger price movement for stocks listed there? I can't imagine things like CFD's this side of the pond are anywhere near as popular as option trading in the US.
Matt007 I have sympathy for a crazy realised loss but looking at your post history on ARB and your buys/sells it appears you are the epitome of the foolish retail investor. You bought the highs, got unnerved and emotional with the volatility and losses, and sold at the (local) low, at a level where actually the stock, along with BTC is finally finding support ready for the next wave up in the coming months. Probably best to reevaluate your strategy completely my friend.
DaProphet you can't mention TBs retirement. It's too logical for this board. Needs more tin foil hats. In all seriousness lets face it, the man is mid 70s and from his perspective may only have 10-15 years before the reaper comes knocking, and will likely be out of all his business endeavours and investments well before then.
For the record, speaking to him on the phone doesn't mean I believed him or didn't believe him. I still think repeated sells at this point with the covid-19 test absolutely sends the wrong message to the market, and don't agree that the CEO should on an ethical level trade around willy nilly with shares in his own company. But I wasn't just going to base my thoughts on BRH solely on speculation and ****posts here, so I contacted them directly and suggest others do the same.
Amazing how there has to be a conspiracy at every turn. He's literally only an email or phone call away, along with the other BRH director. Would be interesting if anyone else here has contacted them with their queries.
Spoken with TB this morning. I think he is fully aware of how much value this test can potentially generate, and I think we can rule out an outright sale of Paraytec for a quick one-off buck. He made the analogy of not wanting to sell the family silver and mentioned how any buyer would simply want to extract a lot more ROI out of it over time. Licensing of IP and partnerships are looking like the route forwards.
Yes, received a response from TB via email looking to schedule a phone call either this weekend or early next week. Will update here after if there's any real clarity. All investors here feel free to do the same, they do reply.
So the Prof has been a little quiet on his twitter about the test in the past couple of weeks but I've noticed he's liked a number of brh related tweets today. From what I can infer things seem to be pretty damn positive, despite the noise of the past two days in the market and on here.