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"Is fatigue setting in? Only 12 posts on one of the most traded shares. Maybe all the get rich quick folk have moved on lol."
I think most are heavily underwater me included lol. It'll all come good eventually hopefully, the Nasdaq listing hasn't done much for the Sp to date but it's early days. Considering it was heavily discounted in the first place i didn't think we'd be anywhere near these levels but hey ho. PW needs to crack now he's had his funding, just need BTC to fly again and next year should be a different story.
"These FUD's are coming in massive crowds not just attacking ARB BB noticed on other BB too. Stay strong they want your shares cheap"
F' em it's all about how the company progresses and BTC price action, they have no bearing on the Sp! Mind you I'm not exactly **** - a - hoop myself being 50% plus down hey ho. Quarter's and years and all that according to PW. Onwards and upwards lol
Lol big leap? It can't continue to fall at the rate it has been doing, there has to be some positive days. I'm nearly 50% down now so need more than a "big leap" more like one giant leap for mankind lol
Yes of course i get that, perhaps the wrong phrase shall we say. I think BTC is higher now than when we first listed not much granted, but ARB is still down from then. Can't put it down to churn of shares now or the yanks being put off. let's hope this picks up steam once BTC rises again lol
$49.4k now.
"I don’t know how anyone else feels about the 10-1 ADR ratio, but honestly I feel as though it’s off putting to many of the potential US investors. (Many don’t take into account the Market Cap, or the possible fact they don’t know 1 ADR=10 shares)."
I don't buy into that as an excuse now, perhaps when we first listed yes maybe. That and we missed the best part of the rise in BTC due to churn of shares another possibility. Once BTC neared its ATH after over 100% rise the buying pressure ran out of steam with ARB, there was more anticipation BTC would fall again than keep going. As it happens that was the right call and its been downhill ever since but if we don't rise hand in hand on the next run something else is afoot, the market isn't liking something with ARB.
I don't know about Off-piste but i think he is piste!
"It’s just a bit nonsensical now to me and I worry that this may just drift lower. The Nasdaq IPO was supposed to be the Holy Grail for Argo and has turned into a poison challis in reality. Texas and Pluto IPO are both positives on the horizon but I think a lot of investors worry that these will be executed poorly as well. There’s clearly manipulation by short sellers in the foreground too. Numbers don’t lie and on that basis Argo should be much higher. Is something going wrong behind these scenes?"
People were crying out for the IPO it's a good move, heavily discounted yes but do you think the Sp would of faired any better? Not sure it being a poisoned challis, we are were we are for reasons other than that. We are trading below the heavily discounted IPO price now.
Rr101 - I share your pain fwiw i need an 80% rise from these levels just to B/E. That said despite all the doom and gloom nonsense spouted on here, it's probably best if you switch off and let events unravel. I'm not a big believer of averaging down as you can get yourself in a bigger rut, just chill and see how it goes. My gut feeling is you'll make decent profits next year, ARB is if you like in a transitional period and the fundamentals havnt changed. I was invested in something else and averaged down continuously but ended up in a right mess. It took 5yrs plus just to make a bit of profit, but the sleepless nights wasn't worth it lol
From personal experience these BB's are all noise and if you let them influence your investment they will. It's all about how the company performs and how BTC does from here, no matter how much the doom and gloomers think they can influence this they carnt at the end of the day.
GL DYOR
"reckon we'll be back over 115p tomorrow on Nov numbers"
Terrific I'll only be 40% down, bring it on!
BTC nearly back level, Mara up, Riot level and ARBK shafted and that's after the heavily discounted IPO. Disappointing to say the least!
BTC stable, mara and riot dropped less than half e have.
I concur absolute idiot!
Quite a few crossed in the auction @1.44 as well.
"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