Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Unlike previous rises, this movement is a lot healthier than the ones we saw months ago. RSI is much better and any pump and dump accusations by some dead heads on this board have already been shunned away from todays movement. I'm looking at this to close at the same point as yesterday, then up tomorrow. Let's see what happens. Anyway, don't worry and eat a banana.
GLA
Glad I went all in at 1.15p - Time to triple my portfoli, GLA! Ps, I've been waiting for this opportunity since February last year, patience is a virtue! Having watched this for a while, I felt more comfortable going all in on this stock as I already knew its bottom was around the 1p mark, risk reward their is easy. Either an approx 12.5% temporary decrease vs an upside of, well... A LOT. Roll on November and lets see if this can push 3p+
I used to have a fairly substantial holding in ARGO before the events of yesterday, it has since been halved. However, if this falls below 130p, I will be topping up! This is just a hiccup boys and we've seen it before on BTC bull run in the earlier parts of this year. The market is definitely overreacting to El Salvador's events. Let's be honest, it's practically a 3rd world drug mule country, no surprise a complex national crypto wallet crashed in its first day of launch! Keep holding and buy the dips boys cuz this is still on an uptrend! This may not hit 160p by the end of the week like I hoped, but It'll get there by the end of the month if we can see some more positive BTC news to come. :) GLA
This is just a personal opinion. With regards to the SP, why is it stagnating so much? Bitcoin's strength is obviously improving and is heading towards the $60k mark with no doubt. We are already seeing support in the $49k mark, which of course is an improvement to earlier on in the week. Margins for ARB are improving as well as efficiency. Crypto sentiment is also on the rise again. NASDAQ listing will be coming soon, and the UK SP is already lower than what they aim to list in the NASDAQ. Of course the US has naturally higher volumes, so when it is listed, the UK ARGO will become like the UK carnival, whereby UK market traders play the guessing game til US open at 2:30pm and then replicate SP movements in tandem with the US. So, why is this being so weighed down and trading sideways so much? I'm boggled.