The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
just remember folks they want your stock , if you get shaken out on a pull back there's at least 6 institutions waiting to snap them up , you wont be buying back in cheaper . i don't blame any sub 10p guys for taking potentially life changing sums but just about everyone from 16p+ who's attempted to sell with a view to buying back in cheaper has been torn a new ass.
i may be wrong on this but i think any RNS will more likely come on Monday/Tuesday as is the pattern with ARB , the clue will be the - should be an interesting week on twitter ;)
https://youtu.be/zbBzea0TlNU
go give this lad some support n help get the word out , i tipped ARGO to him @ 18p but its taken him a while to wake up :)
i would suggest that most of these institutional buyers have got in north of 30p in the last two weeks , as i said they are buying ARB as a proxy for Bitcoin , so the real question for those looking to buy is where do you think Bitcoin is going , my personal target was $160k with the intention of jumping ship at $140k having seen a few very well informed experts over the last week i think I'm a probably underplaying it and $220-$280k seems to be the consensus . just remember theres very likely going to be an absolute crazy blow off top and just a big of a crash at the peak . Do your maths , set your personal targets and have a plan .
with respect to the day trade boys ARB will kill you if you think your going to trade in n out buy -hold- target- get out
Thank you Swole i appreciate you taking the time to apologise.
obviously there's a lot of ramping going on so i get the caution , i don't post that often but when i do its genuine info as i've been through the hard times with ARB . this board helped me keep the faith when i was 50% down @ 3.2p so I'm giving a bit back with the info I get . working together we'll all do ok ;)
if you took the time to read the link I also posted you wouldn't make yourself look quite so silly !!!!!
ok this morning i teased with saying i had some info i wouldn't post until I had it confirmed........ basically I have an ex GF who now works for a very large financial institution , she's been telling me of institutions buying into Argo over the past month .
she reckons -
first finance 40,500.000 13.79% ( we knew about )
mike Edwards 19,600,000 (we knew about )
Hardron capital 14,648,00 (we knew about )
miton asset management 14.149,216 new
second wave capital 11,716,604 new
janus henderson 11,000,000 new
first equity 10,000,000 new
jupiter asset management 9,000,000 new
Iornport blockchain 9,000,000 new
she suggests that these figures will keep rising in the coming weeks as these institutions are using ARB to gain exposure to Bitcoin .
so well over 40% of the company's stock in strong hands .
ironport are the really interesting ones , Canadian company with interests in other miners ,
ok you horrible lot , the same young lady that gave me the information i posted last night informs me one of the institutions mentioned in that post has picked up another 3m shares this morning , there team has a medium term target of £3.20 on ARB .
she's also said to avoid Bit Digital like the plague , there analysis team think Bit Digitals financials are very dodgy not to mention the Chinese state have a nasty habit of seizing successful companies or there assets .
$2800
ok this morning i teased with saying i had some info i wouldn't post until I had it confirmed........ basically I have an ex GF who now works for a very large financial institution , she's been telling me of institutions buying into Argo over the past month .
she reckons -
first finance 40,500.000 13.79% ( we knew about )
mike Edwards 19,600,000 (we knew about )
Hardron capital 14,648,00 (we knew about )
miton asset management 14.149,216 new
second wave capital 11,716,604 new
janus henderson 11,000,000 new
first equity 10,000,000 new
jupiter asset management 9,000,000 new
Iornport blockchain 9,000,000 new
she suggests that these figures will keep rising in the coming weeks as these institutions are using ARB to gain exposure to Bitcoin .
so well over 40% of the company's stock in strong hands .
ironport are the really interesting ones , Canadian company with interests in other miners ,
MODE is interesting , its a genuine business with customers , revenue and BTC in its treasury , it shouldn't be compared with ARB as its a completely different animal , i've a smallish holding in MODE , basically hoping it catches a ride with the BTC bull run . i wouldn't buy OBC with someone else's money been honest , very sketchy business IMO
some of you may remember I found you Blonity .
here's another Gem https://youtu.be/5rI0toB6wDw this guy offers some very sage advice to all those caught up in the current euphoria , IMO watching this guys videos will be invaluable to anyone holding ARB.
oh and just to tease you , i've heard a very interesting whisper this morning from a friend in the USA , if I can verify it ill give the heads up later ;)
2021 is a bull year , if the cycle plays out again the price should peak late September / october , it should then drop by as much as 85 % in mid-late 2022 { i suspect the sell off wont be as big this time as the profile of holders will be different ) learning the 4 year cycle is probably the most crucial thing you can do in bitcoin investing .
Max Keiser just gave his bitcoin target for 2021 ..............$220k in october
my calculations are that a fair price for ARB at current BTC price of £23.5k is around 90p (DYOR) , the biggest fear i've had about ARB is that HIVE would snap us up on the cheap , now we are trading @ 60p you'd think a bid would have to be pitched @ £1+ to stand even the remotest chance .
its getting increasingly difficult to technically assess BTC as it appears to be overshooting resistance and not falling as far as it did in previous cycles , some may recall I felt we'd shoot from $28k to $31.5k before dropping to $27k or possibly retest $24k then boomerang to $40k late Jan/ early Feb. clearly we overshot that significantly in getting to £34k+ and didn't test the lows id suggested . I also warned that in 4 of last 5 years BTC had sold off during the first 3 weeks of Jan , I think the jury is out on if this will happen again or if the Sunday /Monday 20% drop was the sell off . what you must remember these cooling down sell offs are actually incredibly healthy for a longer more sustained bull run . so in summary there are similarities to previous cycles but the sell offs are appearing to be more 16%-20% than the previous 30% and the pumps are more aggressive and reaching higher before cooling . currently we seem to be heading for $160k ++ BTC .
so all those looking for an Argo sp target there's still plenty of potential upside and quite possibly a multi bagger from here but DYOR there's all the info available to do your own maths if you care to look .
interesting little company here if anyone is looking to redeploy a few pennies , looks like there business has gone crazy since the BTC bull broke free . not one to risk the mortgage on but my guess is ppl will see it as a proxy for BTC . to be transparent I bought on Friday and today but I only hold 10k in total .
https://www.lse.co.uk/SharePrice.asp?shareprice=MODE&share=Mode-Global-Ho
morning folks , made my first tentative purchase in Mode today , with the interest in BTC exploding id imagine the company will do well in the coming bull run , also nice to see there keeping treasury funds in BTC . fingers crossed these do even a fraction of what ARB have but I realise there a different animal so I'm not expecting a multi bagger .
happy new year and GLA
it would appear BTC has found some quite heavy resistance @ around $27200-$27500, it now seems to be consolidating in the $26200-$27050 range . a break to the up should lead to the last resistance I can find @ around $30500 , a break down could see us test $24k if that fails to hold $19100 comes into play . the pattern would suggest consolidation in the current range for a few days yet , we have to factor in that this Christmas rally is very much retail driven so when the institutions return to there desks around 5th Jan we could see a big move . something else to consider is, in 4 of the last 5 years BTC has fallen by 10% or more in the first 3 weeks of the new year . will this year be different who knows but remember people will tell you their strong hands but when they look at there BTC account that may have cost them a few thousand dollars in 2010-2015 and is now worth millions , even strong hands are tempted by life changing wealth .
as for ARB as I first posted on this board, forget about the day to day ups and downs its all just noise, 85p-£1 is when your ears should prick up and more realistically late September 2021 is when you should have your exit plan primed not withstanding takeover approaches or black swan events . calling an eventual price target for ARB is a mugs game but what i will say is those mentioning what ARB's price could be in 18months -2 years should do themselves a favour and learn about the 4 year BTC cycle .
how can institutional investors possibly have pre purchased the entire holding when nobody knows how many BTC will be available ? if what you are saying is if any new BTC come to the market there bought up immediately then by that logic the price should constantly move higher without dipping !