Member Info for TheProphet

Bitcoin mining companies are easy to value as they don’t have too much going on that is hidden.

Cash on hand
HODL on hand
Revenue less mining costs for earnings
Shares outstanding
This gives a basic figure, then factor in future potential from expansion, other diverse projects etc

Compare market caps and how the value is made up and you’ll soon see where we are compared to our peers. It’s been done on here many many times lately

“ Now so deep in the red, can’t bare to look at my trading account today but circa 150k down. I’m
not selling as that would crystallise the loss. I do however have faith that we are at or near the bottom and brighter days are coming. It’s very hard at the moment to stay positive but I’m trying to keep a glass half full head on! Atb, let’s hope for a much better week next week.”

I have been out today so I’m just catching up.
This is a very good post, and one that I’m sure gets many current investors empathy. Many of us that came later and have shown faith in this company and have bought many times to o lay sit and watch our pots deep in the red.
Many long termers aren’t going to like this, but that is my biggest issue with Peter and the team here.... They won’t feel this pain unless they own shares they have bought in good faith with their own money. Not options, not bonuses, but hand in your pocket stuff and become the same investors as us.
This is why I didn’t like them selling and this is why I think they should be showing the same commitment now and buying in on the open market. They didn’t even take a position in the recent placement.
As I’ve said before ( and more so now) I have £300k reasons to believe Peter and the company are doing the right things, I just personally would like to see them feel what we feel. Maybe the videos would be then more about strategy and growth and creating investor attraction rather than haircuts and dogs!

HODLing until the end
Tp

I don't understand, how does one go short if you don't know the real value of the company, surely thats just blind gambling!!
I've lost about £65k this week on paper, even despite desperately buying more and more, but it doesn't change the value of the business, which is so easy to calculate.

Earnings x pe ratio / shares outstanding = price per share
£66m x 20 / 381m = £3.50

And thats with no value added for Pluto, Texas expansion, HODL.
Its just basics figures!! And using a very low x20 for pe ratio for high tech sector

"I'm copy writing this "You don't want to be out of this over the weekend!""

I think you might be a little late for that golf. From all my years on here and other stock forums, it seems to be the most common saying on a Friday! Maybe you could create a better and more original one :)

"Hey guys, so ive been watching ARB for a while now but never got in. This drop has made me get in now im averaging 1.59. Just curious to know everyones averages and when they were able to get in"

Probably not the best time to be asking a question like that tbh

You know when this moves, it will move so quickly again, everyone will be scrambling to cover their positions or buy back what they sold off cheap!
Crazy crypto volatility!! You either love it or hate, but its quite a ride!!

Bought more again FFS!!

And again @ 64.99

I don't like to miss out on crazy deals
More at 166.4

I'd be very careful if I was short on this right now!!
I never give out advice, but you will get burnt if you don't cover soon!!

Huge buying pressure!!

Nope. Read the listing criteria.
Its been discussed to death on here

Nope, no correction.
Just bucket loads of people losing money if they sell now.
Buy low, sell high.... I know it's an investment fundamental lost of some :)

I too have taken a look at the charts, and from a technical view we are in a fantastic position, from a fundamental view we are in an incredible position.
In summary it shows 1000p - 1200p end 2021

Buying now is a no brainier. There will be a short squeeze!

Let the big bounce begin!

I'm calling a blue close! Ramp that in your pipe and smoke it!!

Welcome to this crazy ride!!

Absolutely! Post of the day!!

ii quotestream for the past decade. Very good, but I'm sure there are others just as good
GL

It would be nice if that drop was the final dump from the seller, and they just flooded the market with the final sell off!!
It would explain why they wanted to pay full ask at 190p towards the end of the frenzy!! No stock to balance the books!!

Here's hoping!!

Thats the fastest I've ever spent £50k.
I literally walked in from a run and looked at the screen to see 170-175 spread and bucket loads of buys flying through on level 2, so I was like a ferret down a rabbit hole!!
In, bought, done!!!

Hope others took full advantage too