The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Agreed way undervalued this should be £1.45 now, I've been loading up!!
At 24hr highs!
Nothing to do with ramping/deramping BTC has dropped over 50%, you wouldn't of expected anything different with ARB's Sp. Once it bottoms and turns we'll be miles higher from here!
For me this is in oversold territory there nows seems to be a daily pattern developing, mm's drop the price first thing it gets bought and sells off again later on. Pretty much the opposite when it's rising. I wouldnt be surprised if it dropped lower the main variable/driver BTC price has fallen 50% and just traded sidewards for two months now. We need to see signs of a reverse and as quickly as ARB has gone down we should see the reverse happening. Looks drastic currently but this space is extremely volatile at the best of times, so with a favourable wind another ath could happen within months. Fundamentally ARB is sound making decent profits, will only improve with texas on the horizon etc. ATB DYOR
Forget Nasdaq it's irrelevant at this point, it's all about BTC price performance. No one can influence that on here or ARB's Sp for that matter. If you believe in BTC sit back and chill it's done bigger corrections previous and still made significantly higher ath's. ARB will follow in due course imo it's hugely undervalued given the fundamentals. DYOR
BTC falls fifty percent and all of a sudden the world is coming to an end with ARB lol. If I'm not mistaken it's fallen alot more in the past and still bounced to new ath's. Naturally ARB will follow! The fundamentals just get better hang on to your golden tickets the BB seems is infested with trolls atm. They're out to save us nothing more of course, i doubt many will be around when it turns though funny that. DYOR
The Sp is only reacting in anticipation of what the BTC price might do no dramas. Its been trading sidewards for 2 months so more and more investors are expecting a downward shift. Once it actually turns for good ARB will rocket back up. They'll come a point when it'll bounce regardless due to being so undervalued.
Sharebel - I think the Sp was trading higher at $32k because people was expecting a quick bounce in BTC price. Instead all its done is trade sidewards for 2 months! You could say the odds are just as much to the downside now who knows.
BTC needs to show its hand 29/30k again and ARB will be £1 on the other hand 50k and we'll see £2 plus imo. Low volumes lately now see how it plays out.
We need BTC to go on a run but when? The fundamentals are sound/monthly mining figures are in line. Should start to rocket again once BTC price turns.
mysteryguy: "constantly diluting our shares" lol
It's called growth, give your head a wobble and take a look at some other companies the level of dilution they've taken on. You can't stand still I'm afraid. ATB DYOR
I wouldn't disagree if BTC hits 45k i can see ARB hitting the £2 rapid. Could go either atm though mind. Just imo DYOR...
I don't think it'll start to fly until BTC has found its legs, i don't think it's bottomed just yet. It isn't a big deal for ARB its just keeping the brakes on temporarily imo. DYOR
I bought in at a much higher price initially have averaged down a little, but my average is still well above £2. Not fussed tbh as holding long term, not sure if this is the bottom of BTC price but we must be somewhere close. ARB's fundamentals are outstanding! Fast forward can only imagine how it'll all be looking in a few years after another halving and how much BTC ARB has hoddled by then. Go figure... DYOR
Exactly but we still drop hoddling more BTC and BTC is just going sidewards, nothing new as far as i can see since last Thursday.
It was only a couple of weeks we was at 1.60 odd, BTC hasn't done much since except go sidewards yet ARB still drops. At a loss with all this!
Anytime you give an opinion to the upside Dr wrong we have to listen to your drivel. Anybody can post 50p and 80p but never any calculations behind it!
Don't engage with trolls their full of ****!
"could do with another pound on the Sp"
I concur its boring the ar@e off me these levels!
I think it does recognise it should bounce hard when BTC gains traction.