Member Info for transmogrifier

There is a step change in sentiment from the last time BTC was at this price.

It's not just the dilution, it is the timing and the nature. If you ask me, investor sentiment has not been the same since the PrimaryBid placement at exactly the wrong time. The dynamic between BTC and ARB has not been as leveraged or positive like it used to be. So it is never going to be the same ratio even if you factor in the dilution. I hope things change, but it's not all shorters and block sellers - the company is responsible for some sentiment change too.

That said, I'm still bullish

I have to partially agree with Matt here. I stay invested and have confidence in the stock given BTC long term - but PW is not the angel people make him out to be. The timing and nature of some of the moves have been unfortunate.

Thanks, didn't know about the pineapple whatever.

I'd love to know ways to spot a p n d, so i can not fomo or overestimate fundamentals. I agree, can't see much agm news not priced in already but longer term it looks good

...a Pump n Dump before the AGM.that 3p spike reminds me of times where I've got it wrong.

I'm hanging in though

I wish, but no chance of a 200+ close today. Bullish or not, we need to recalibrate what this share is, the correlation to BTC and how much unconditional support we show the management.

Have a little respect for people doing what they want with their hard earned. if they feel spooked they feel spooked, if they think this is overdiluted they do so. You're not gonna cover their losses or share their profits so don't ask people to open their eyes or whatever, they could be wrong but so could you. The culmination of both ends of the spectrum makes the market.

Don't be so dumbfounded someone has an opinion different to yours
And

Baggins.. I wasn't talking about whether the dilution was big or not, but to the fact that sentiment has seemingly changed. Thats what matters to the sp

Btc 60k doesn't matter. We've been here before and sp barely goes above 250. I reckon we'd need btc at 70k to get to 275!

Sentiment isn't what it used to be prior to dilution, whether you support it or not

Been sitting on the fence on this one, got the email today about primary bid placement.

Can't find much info on this, was this something we knew was coming?

I agree with the reasons, time to hold.

I disagree with intentionally only having positive discussion. That kinda echo chamber i could do without

My 2p

And on a similar note, it's not the amount of dilution only - but the manner in which it was done and what that bodes for the future.

The value of an investment is a product of the value you put in and that of the time you don't have access to it. If you hold for five years and sell at break even or small profit - that is a massive loss comparing it to what you could have done with it

This theory of "its not a loss if you don't sell" is rubbish. It is a loss.

I agree with holding this dip, because its the best choice from the available choices. Not because its just fine to have your money stuck.

On this page is off the charts

Would be nice to have constructive and informative posts only, be it negative or positive. It's been a few days groupism and name calling.

What's the target price at this btc level once dilution is absorbed? How long for recovery? Any key dates coming up? Etc

I lurked on this page for opinions on the price action of the asset not of people

How do you know there wont be another one then? It's this pattern that bothers me more than the instance

.. guess it doesn't mean much to us today though.

They wont go crazy. Stop waiting for the USA, WW2 is over.

I'm bullish but geez

I understand that concept Jupitar13, but the parameters for the fundraise (time period for value to be reflected, price of new shares, frequency, quantity) etc have also been a fine balancing act since the dawn of time. And investors have either agreed or disagreed and therefore held or exited based on how much the parameters suit their personal circumstances, trading styles and market perceptions.

I was just stating that for me that line is just about breached. It's not a case of all fundraises be good.

Didn't know about the NASDAQ dip, thanks for pointing that out.
Beyond a point words are just that, you can't counter share dilution with "our CEO tweets a lot". I'm hoping the BTC rise will hold till the new shares come into play - if BTC retraces to the $49400 point it seems to like AND the shares come to market we may see numbers we don't like for a bit.

Good luck all, including the new Primary Bid entrants!

I agree with the posters saying this is a good fund raise in the long term, but it's beginning to sound like Peter Wall worship. I am holding ARB as 80% of my portfolio and continue to hold but let's not kid ourselves. We should have had 30% more value today with the BTC rise, funds that could have been directed elsewhere or traded out to buy back in a dip or simply to disinvest. It's money out of your pockets, and it has happened before.

To me the dilution is worth it, but only just about and if it happens one more time I am done with this stock. You don't have to be all in or all out, you can say "I'm still bullish, but this is really annoying". Don't have to get all cult-like about it

i know what you mean, and I say well done.

I've been burned before too. I more than doubled MXC in a day, but told myself "I've missed out on huge ramps before so I'll LTH rather than jump the gun"... only to watch my first double bag become break-even.
If it spikes big, sell, chances are it will retrace and you can buy back if you want. Or walk away. nothing like having cash in hand watching to see the nature of the beast as it evolves