"Certainly a risky play but the fundamentals are as solid as ever! "
I do wonder whether this is a risky stock anymore! The more that bigger players get into bitcoin the more stable the coin will get, and so will ARB. This year has seen a massive jump in btc acceptance and uptake, and by the looks of the trading category charts retail buying is dropping whilst institutions, major businesses and whales buy and buy and then remove the coins off the exchange! Bitcoin has gone through a bit of a "resting" period for a few weeks, but it's only going one way, and ARB's time is coming. I have absolutely no doubts! Bitcoin Stock2flow with Argo flying up behind.
Afternoon As you can imagine this Nasdaq criteria has been discussed at length many times here, and it has been shown without doubt that Arb qualify for the Nasdaq capital market. The only question remains, is if this is the case why would we have not applied?? Absolute no brainer!! https://listingcenter.nasdaq.com/assets/initialguide.pdf
Evening all It's an interesting one, as I think we could see some dramatic jumps this weekend, so I am going for a new ATH @ $66k over the weekend, probably Sunday eve, then resting around $63k come Tuesday. Arb opening at 210-220 spread!!
It's pretty much done now though, CME only have about 10% of the options, the rest are through Derebit, and they closed this morning at 8am. Lets watch BTC climb all over the 3 day weekend now and hit that ATH before next week!!
I'm not disillusioned, but I'm not up either. Peeps need to remember many of us got in later, and paid a lot more, and although thats our own fault, we helped raise the price at the time, and have bought a lot more since. We all need new investors at this price and much higher to raise it again, otherwise we may as well sell now. We need to celebrate new investors not old ones!!