The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"Too many newbees on here saying bitcoins crashed, why the drop? Get a grip guys, i regard this as stable at the moment, a 5% swing is nothing, look at the charts from january / february and you guys will be having nightmares!"
Exactly, i don't give two hoots what BTC does short term I'm in it for the long game. If you don't believe BTC will go higher perhaps you shouldn't be here. Same with ARB it has the potential to multi bag from these levels, imo it's that undervalued but it doesn't happen overnight. Quite happy to let a few of the 10/20% ers off the bus on these small dips, it's healthy for the Sp moving forwards. Slowly but surely we are getting there though, i can see us being mid $20 range by Xmas minimum. GLA DYOR
"Can see ARB staying steady (if not pushing up a little) even if BTC drops a little."
I wouldn't be surprised if we took out £1.60 in the states before the weeks out regardless of what BTC does, its that undervalued atm.
After hours hit $20.88
About time hugely undervalued!
Boom it has!
Yes if this trend continues I'd be reasonably happy in a years time. Gained what $3 in 6wks, we'd be $30 plus lol
"Simple. You CANNOT do another large raise after such a terrible hit after the IPO. It will CRATER the sentiment and the share price would follow it. I don't mind occasionally participating in a rights issue, but I don't volunteer to be robbed constantly."
I totally agree but wouldn't everyone be better of emailing PW or the board? Nothing will get done about anything just posting on this BB.
"Last chance, We will get excellent news soon. This will fly. Fireworks is coming GLA"
Yes I've penciled in Nov 5th.
New Argo shuffle? Looks like me after 10 pints at a wedding
Imo we are well undervalued but I'm not here solely for that I'm in for the long haul and the growth aspect. I think sentiment has started to bite in the states, but BTC needs to find support, consolidate and kick on. The wild swings arn't helping the cause. I still think we'll surpass pre Nasdaq levels and comfortably we'll beyond if the winds are in our favour. Onwards and Upwards. DYOR
Imo there is too many moving parts to predict an accurate future valuation. These markets are sentiment driven, what people are prepared to buy/sell at on any given day. You can refer to charts as an aid but afterall they are just a pointer as to what the Sp might do. Nothing is set in stone, some people try to over analyse things. Markets over shoot and fall inexplicably sometimes, it's all sentiment driven. Trying to pinpoint what future growth will occur and assume what Sp we'll be at is pointless. You'd be far better off concentrating on how undervalued we are at least that's present day. As for anything else you pay your money/take your chance. There is huge potential growth otherwise i wouldn't be invested but it has to be executed. The forward PE says it all really. But DYOR!
"On the positive.
It's the 6'th blue day! Volume is still poor, but the momentum is (slightly) better."
It still won't stop the moaning mind, the same people moan when it goes down and moan when it goes up. Makes you wonder why their invested really lol
"Nice little jump! Let’s get this to £2!!!"
I'll still be holding, don't sell cheap. It'll be like keeping a lion on a leash!
Every day that passes the brakes are slowly coming off, the bird will fly soon imo
As an older investor and somewhat wiser now, I've learnt over the years not to over invest in the first place don't go beyond your means. I wouldnt recommend topping up just for the sake of chasing money either. You have to keep some powder dry and buy the dips should they arise and they will. That said you have to firmly believe in what your doing and not do it half heartedly. I appreciate the nature of this type of share it has huge growth potential, but you do require patience of more than a few weeks. I know alot on here think we will just move vertically, if only investing was as easy as that. Alot of patience is required and no matter what they'll be hiccups along the way. I've held similar type of shares 5 yrs plus before the plan comes to fruition, but patience and belief won the day. DYOR and stick with it!
That's one small step for man, one giant leap for mankind.
Technical - It all depends on what metric you use to value a company, price to book ratios and PE are of course relevant. That said its really difficult to value a growth company of this nature much of it is sentiment driven on what growth they visage in the future. For instance the average PE on the Nasdaq is around 35, ARB 61 and a few on there are trading at 500/600 plus. After significant dilution recently i believe that we are being held back due to churn and could be another few weeks yet. Taking everything into account we should be trading much higher, the growth aspect is staggering and doesn't reflect the current Sp. Normal service will resume eventually its only a matter of time imo.
This dilution isn't a means to keeping the lights on its strategical that's fits in with ARB's business model. The long term value that this dilution brings to ARB far outweighs the short term dilutive effect. If you don't like it moan away but come back in 12 months time and cast your views then.
The fact is i know of any number of companies that don't reach fair value initially, it's a process. This dilution will in time become irrelevant. Naturally after any form of dilution you'll see an increased amount of churn in shares, in this case i think it'll last several weeks yet. Traders will trade away, profit takers will take profit BUT fair value will become apparent at some point. If you are against dilution as a means to grow the company by all means sell. Some of the huge companies tesla springs to mind only grew via dilution, now look at them lol
Imo the shackles won't come off for another month yet, as regards BTC I'd like to see a cooling off period just in time for ARB pushing north. Can't see that happening though i think new ath's are imminent.
"Interesting. How many millions are being dumped? To the nearest two million?"
Impossible question to answer.
"And when you say “dumped”, do you mean “bought by someone “?"
Yes it's a slow process mind. Obviously the we have just as many buyers for those being dumped hence not dropped further.