Member Info for WolfofWarks

Yeah I'm still keeping an eye on it and will go back in once it starts moving properly.

I take it your SYME money has gone in here HKK?

Don't blame you selling out, I did myself on the CLN news but winding them up is poor form.

The one thing I’ve learnt is you can’t always second guess the market. Sometimes I buy into results and then they fly up and other times they’ve tanked when profits have been taken.

In financial academia there's something called the efficient markets hypothesis which ponders how the market is supposed to react to current, new and future information.

Tesla is a bad company to make comparisons to in almost every circumstance.

They are years ahead of their competitors and had their perfect market condition land in their laps.

Worth factoring the USD weakness as well and currency exchange given all income and assets/liabilities on the balance sheet are in dollars pretty much.

Last year the dollar was between 1.2-1.3. This year so far 1.3-1.4.

I love the negative commentary from clearly a genius investor.

Watched it fall from 30p to 2p and never crossed their mind to press the sell button and protect their capital.

Yes makes absolutely sense given the power prospective tenants have with the London office space the way it is at the moment.

Landlords have had their cake and eaten it with the upwards steep rent reviews going back god knows how many years.

Hopefully this has been a good lesson in patience for some.

This time last week PW was the villain of the piece and a lot of investors has lost faith and we’re questioning if he was the right guy.

Mean while he’s just getting things done, as he always has done, in the background.

‘Why would you spread bet when you can buy shares at 111p?’

IG won’t let you buy any actual shares on anything involved in crypto unless you are a professional investor.

Hi Steve

I’m good thanks.

I’m no expert on this by any means but I would have thought buying back shares would be something to do with excess capital, I can’t see the sense in gearing the company up to then return that money back to the shareholders rather than using it to grow the company.

Suppose it would be the perception with the potential American investors of a company that’s raising funds in the USA but buying back its own shares in the the UK. If it was me I would be questioning why they would be raising funds while returning capital elsewhere.

ADR’s have been used by companies like Ali Baba, Nio, etc, to get a listing in the US.

The only thing you have to be careful of if thinking of buying the US shares is whether you can put them in a ISA.

Some platforms are funny about them.

"Firstly, Mara paid $170m for 70,000 miners, that works out at less than $2,500 for each miner…… not a bad price, but probably expected when you’re buying 70,000. Do you know what Argo are paying for their miners arriving in the next few months?"

ARB have an operating lease worth $10m for the 4500 machines recently delivered.

So ARB actually got there’s cheaper by my maths.

Although it make a decent comparison you’d need to look at the lifetime cost of the machines, maintenance, warranty cover, etc, to make a proper comparison.

Anyone who knows the US markets knows that ARB are destined for the tech heavy Nadaq.

What is it gonna go on the NYSE with Caterpillar and Walmart?

I’ll most likely sell my uk shares and buy Nasdaq ones, especially if the dollar weakness remains.

So is that potentially another fund raise then?

I’ve got back in again at 275p.

Boohoo has become one of the most predictable shares on the market.

I do regular cfds but have bought some to hold now.

HKK - I think most of the recovery stocks have it priced in now and need to deliver. Which isn’t going to be easy as COVID isn’t going anywhere soon. We need a decent therapeutic now to compliment the vaccine to get over this.

American marke flying this afternoon so hopefully this will translate to the uk tomorrow,

Congrats to those who topped up.

“This makes no sense, ARB is a growth company, obviously it’s worth more now than it was then. You can’t read the ARB SP from BTC price (although it is contingently related).”

Until PW starts hedging in fiat by selling coins the valuation will always be underpinned by the valuation of btc.