Member Info for the_Chuz

I've just got back to the screen to have a look.. Not bad so far but pleaseeee nooooo not the 130-140 teading band again.. It makes me click happy thinking I'm the wolf of Wall Street. Haha

@kitty
"Expect a lot of profit taking sells on open as it re rates to US"

Im pretty sure there won't be chance for that, it will open at 1.20ish, it won't sell down from where we are now. It will start from where the US left off

The share price now reminds me those dark days that were so long ago.. Oh wait.. The shareprice will open up a little higher than it was about 4 weeks ago... Maybe it's not the end of the world.

My grumble isn't that I've lost 10's of thousands whilst I sleep (like being financially burgaled ha). It is that I don't have any more to buy in at 120 ish.. That would of been sweet.

"Why is there an automatic assumption that the LSE will automatically re-rate to the US closing price. Perhaps it's the yanks who have it wrong and LSE will lead the way."

Not sure if that was a joke but if it wasn't then it has to because that is the current price based on the last trade completing.

The US seem to of picked a fight with itself and lost, hopefully the UK can tidy it up a bit today.

It's like coming home and seeing the kids have had a party and everything is trashed. Just got to tidy it up and put it all back together.

@Moneyman
"the-Chuz well done today with your decision today certainly paid off as is stands."

The theory was right but I lost my bottle and bought back in before lse closed today. Originally I thought the adr were going to start at 2pm so I could make some quick decisions and react.

When I found out it would be after the lse closed I had the FOMO and got back in 100%.

The logic was there, the emotion got me.

@Mwhite

It's up 16% from the listing price it's now $17.44, it's going up.

Of course it's all relative it always is.. If your someone who bought in earlier then youd think it was great.

Bothered face, bothered face... I ain't bothered.

Johnnpon
"I'm concerned about how long we will have to wait until we get back to 150 pence ... I'm worried about the risk to the donwside here. And i'm long"

About a week should do it, probably less, frett not.

@buster
"As it stands now Argo will open @ £1.19 tomorrow. You must be really enthralled and excited."

Its painful, no one likes losing money but that's the game we play.

Just a few weeks ago we were at 135p we quickly moved to 165p on a bit of over enthusiasm.

We can get back to the the Pre ipo share price in a day (+20%). When Argo moves, it moves quick, I reckon this time next week we will be happy again.

Don't forget, I am 100% invested.. Every spare £1 I've got and my whole SIPP is in this.

I'd love for it to of gone up and put me into retirement but on the same note I'm not that fussed, 1 - 2 weeks a RNS or two and I think we will be sitting pretty.

@Moog

"New share holders up around 10%
The loyal share holders down 28%"

Unfortinatly as I've posted.. What is good for the company is not always good for existing shareholders.

PW isn't anyone's 'mate', he will get as much money as he can for the company, existing shareholder have already been rinsed of thier money. The company is only interested in the money of new shareholders.

Existing shareholders are cash pigs who usually go to Slaughter.

BUT it means the IPO was priced right and the company maximimised the amount of cash it got from IPO investors.

Quarters and years according to PW (hate that saying BTW)

Won't somene think of the children!

Minus 30%.. Someone make. It stop hahaha..

If I had a diplomat in the US I would recall them hahaha

Minus 26% that's brutal.. Gotto laugh

"It went to 1.78. Now 1.84 ie 17% down"

Firstly, gawd knows what I'm looking at to see no movement.

Secondly.. Ouch.

It doesn't look like they are trading yet on the nasdaq?

@longinvestor
"So now LSE is closed, it will likely just be 10x ARBKF opening price - currently $20.03 - any trades will be 'new' as the IPO shares don't get released until Monday... It's going to be an interesting couple of sessions until then! :)"

Not released until monday? What will be traded in 10 minutes if not the adr shares?

Flowerpot

"Well done to anyone that averaged down today"

That made me check what my average was after all my buy sells etc spanning a few weeks and it's.... Drum roll.... £1.10 hahahaha

"If we see a big flip for profit & drops towards the £1.10 then chucking kitchen sink at it. Gotta catch the bottom is this it or further to go?"

Its anyone's guess right now, I wanted 1.25 earlier and it didn't arrive.
misterbeck called the bottom quite well at 140 ish. Maybe it will go there maybe it will go past.

Spin the wheel and hop on

Hmm it doesn't seem to be going down I feel a panic buy back coming hahaha.

Based on what was posted earlier if they don't trade until we're closed I think it's a watch from sidelines moment

@hawkesbay

"the_chuz - looks like you could be on the money
1.535 to buy now"

Btc is dropping a little bit too which will probably have a psychological effect.

I was also thinking..
Any drop that happens before nasdaq opening will lesson any drop on nasdaq as the profitability on flipping becomes less then less will flip.

So it dropping now isn't all bad as it will make it less attractive to sell immediately.

All swings and roundabouts the outcome at close of play today will be the same regardless.

@Hexam,
"Chuz - I think the lock in only applies to company ‘insiders’ i.e. directors etc. which seems reasonable."

Ahh that would make sense