Argo Blockchain Share Discussion Threads

[mnomis] 05/6/2020 10:58

Thanks MA1. Will follow links when have a bit more time later.

[dennisbergkamp] 05/6/2020 10:28

Ma1, just didn't seem as upbeat as I'd have hoped. Also, as others have mentioned, if there's no underlying issues, why don't the directors "have skin in the game"?

Hope Eric's done soon, his holding is a couple of hundred grand based on today's valuation.

I'm a holder and want to buy more, but need some more news to get in further.

D

[bisho4] 05/6/2020 10:14

MA1, thanks for the analysis, that is excellent stuff.

I knew Eric Chang was the likely seller, but it's good to have a reason (i.e. his new venture needs more funding). It's not an insider selling before the big drop, it's someone selling piecemeal, hoping the arb share price shoots up in the meantime so he can recoup more.

He must be done soon, so expect the re-rate soon :)

[topazfrenzy] 05/6/2020 09:33

marketanalyst1, thanks for your summary

so it looks like it really is Eric Chang that is holding the share price back here, with many waiting for him to clear off before committing, so a sudden jump could happen at any time

decided not to wait and added earlier

Good luck to all holders

[topazfrenzy] 05/6/2020 09:10

Added a few more

$50K+ Bitcoin on the way this year imo

I just would like to see management amass and put away as many as possible for the time being

[royalalbert] 05/6/2020 09:05

MA1 good synopsis.

[idiot441] 05/6/2020 07:32

The correlation in last 3 or 4 months has evaporated!

But he is right... longer term it has had a correlation and I believe will again

[totana] 05/6/2020 07:19

He said they were hoping to correlate with Bitcoin price and they were getting closer.

[dennisbergkamp] 04/6/2020 23:55

SO he thinks the share price is pretty close to where it should be??

I was expecting more positivity tbh,

D

[sunnysideup1] 04/6/2020 23:20

It’s on Proactive Investors. Can’t seem to paste the link.

[sunnysideup1] 04/6/2020 23:16

Argo Tv interview
[...]

[horneblower] 04/6/2020 21:50

Although I have a lot of sympathy with Plat's opinion on cryptos, I don't agree with him about the direction of the next major move.
My chart reading, simplistic as it is, is that BTC is more likely to move north, and quite possibly back towards the old highs around $20k.

Here's the chart in log (the only way to chart imo) which shows its growth trajectory.
Notice how the great majority of time since 2013 it prefers to stay under the midway line of the trend. I think it will have one last go at the old high and then fade into a long term bear retreat.

So, it should go on up, for the while, and ARB will follow.

[plat hunter] 04/6/2020 17:54

On my latest contract yes, I've only held it for 2 days. But that's the spread and a representation of risk for the mm's and broker.Had you gone long 2 days ago you'd be even worse off though.

[mnomis] 04/6/2020 17:40

Plat - sorry I asked. Was expecting something more than "BTC is cr@p". Last I checked, people were willing to part with nearly 10,000 of the world's reserve currency (the mighty USD) for just 1 (ONE!!!) BTC. Now, which is the failed currency?

Plat back to the filtered list (resting his case after failing to make one).

Good luck with your short (as certainly does not sound like is based on any research, insight or understanding) - guess when you playing with a few hundred quid to earn some drinking money, research is a waste of time.

[bisho4] 04/6/2020 17:19

But it's not, though. If you closed your short now you'd be at a loss :)

[plat hunter] 04/6/2020 17:04

I rest my case, short still strong

[aidenabettin] 04/6/2020 16:55

Plat is the original POW.Proof Of W4nker

[1new guy] 04/6/2020 16:49

I am tired and bored with plat *wat and his nasty rudeness here. It's a board for investors who choose to own shares in this Company. That choice doesn't make comments on here to be from "pumpers". People who wish to share aspects and performance of the business and where necessary, analyse why certain movement takes place or doesn't. All designed to SHARE their interest and at times like now their concerns.

For miserable and dubious gainsayers to join in slagging everybody and everything about the Company is pathetic. No doubt some miserly and weak intellect soaked to the core in a trifling but deep seated need to promote their own schadenfreude and air of un-earnt superiority. Just eff off and come back when or I should say if, ARB has sunk.
Or come back when this share soars, as is more likely and eat some humble pie. Moron.

[bisho4] 04/6/2020 16:46

If the best Plat Hunter can do is slate bitcoin and dismiss making money by generating bitcoin, then his argument can be easily dismissed.

Just have to wait for the seller to be done :)