Looking good for another run up tonight. Last night saw a little consolidation but I feel this evening could be a big one!
"The force is strong with Bitty"
ATH coming
I've got £20k ready for £2, as a "just in case" measure, but I don't expect to use it at that price
In reality we shouldn't hit the placing price now, as most of the selling should be over. There may be a little bit tomorrow and early next week from non existing holders getting their chunks but I can't see that affecting much now.
Also, the money raised hasn't disappeared into staff parties and toilet rolls, so in affect our net worth is the same as before the placing, as our money pot is bigger to match the increase in shares, and that pot should grow considerably!
Arhh did he Albert, I must of missed that?
Thx
Anyone explain this better?
One thing I don't really understand, was the acceptance to take bitcoin as salary payment a PR stunt, as I don't see how that helps shareholders. Unless of course he is not taking any salary for a year or 2 and bitty increases in value??
If they pay him in btc from the stash and we expect bitcoin to increase in price (he didn't want to use it and diluted instead recently) aren't we losing asset value?
Surely he could be paid in the decreasing value £ and he could just buy bitcoin if he wants??
Morning all
230-240 open
Lets see which way this swings today
No, what Peter and his team have underestimated is the psychological impact of the sudden placing. When they did their finance analysis, I’m sure their conclusions were correct, and that raising money this way was best for the future of the business... And he’s absolutely right, it is.
But, the short term affects are always greater than anticipated because one thing they have misjudged is sentiment!
This stock is driven on sentiment because it tracks Bitcoin, which is equally the same. It’s volatile through emotion of future value.
But..... seriously we have to move on. It’s done, the decision was right, the execution was poor, the timing was awful. But bitty will be 60k in the next few days and eventually that will show here.
This stock will be £3.10 by Tuesday and all will be forgotten....
On that note I’m going to bed.
Until the morrow peeps!
Oh, I’ve no doubt he will be right very soon!
I wouldn’t be invested so heavily here if I didn’t.
@ flowerpot999
My Bitcoin predictions are more accurate as I’m not hindered by outside variables like fund raising out of the blue, so I’ve probably repeated the ARB £3 a few too many times now without it coming true, but I don’t want to mislead so I’ll switch it out for Tuesday £3.10
:)
BTC will be 57500 by open tomorrow and 58300+ ATH during the day!
This rally has only just got going and once we drop these recent shackles we’ve seen on our price this week, we will move up very swiftly.
This bb needs to get back to the positive vibes that were normal before this week. The fund raise was annoying and painful but necessary to build for the future, and it’s now done. Time to move on!
It’s all priced in and existing holdings have been flipped for 2 days solid.
GL to us all, but “where we’re going we don’t need luck”
By Monday this will look a different share!
Bitty will be 60k and ARB will be £3 easily
57k gone!!!
It really has got the wriggle on now.
I can see the ATH being blown away tonight/tomorrow at this rate!
Incredible!
allow me to simplify.
It doesn't matter what we could of been anymore, its done. We are at £2.50 and massively undervalued and a huge bargain compared to our peers...
If was looking to get into a stock in the UK connected to the incredible growth of bitcoin then this is where I'd put my money..
And I have, a whole heap of it.
275 close!!!
And thats exactly what is happening, so we just have to wait for the process to flush through.
It's pretty damn common and every time its frustrating and disappointing but peeps just have to let it go and move on.
It won't be long before sentiment is restored, we just need a little uplift here in the sp, because its come just as bitty gets really cooking with gas and we are not getting anything from it....
omg LB, you now sound like me!!
:)
hi, it is enough if it is some big holders flipping too, not just a few retail monkeys like us
"The retail shares (primarybid) haven't been issued yet, so no one is selling yet from the £2 placing"
:) That can be your little secret.
lol And once again you bring a smile to my face......
If there was a prize for highest optimism, you would definitely win it