Argo Blockchain Share Discussion Threads

[yump] 25/1/2021 11:10

Have a look at the thumbs up symbol next to the thread title. I only just discoverd that last week ! Mysterious ADVFN algorithm at work - might be an experiment gone wrong by the look of it.

[ashwani01] 25/1/2021 11:09

Sorry Nico but maybe I am not quite with the lingo ? What is this range u mention ?

[allstars001] 25/1/2021 11:07

Won't be surprised when OBC critics will be invested long at some point this year

[nico115] 25/1/2021 11:01

Brasso3: filtered

[nico115] 25/1/2021 11:00

Thanks to everyone's private posts of support Ignore the noise fromSNF and many here I will keep doing what I do bestProviding you all with great levels to buy and sellI like to give in life Keep buying in 29kTo 33k range and soon you will be selling in the 39k to 42k range Yours always Nico xxx

[brasso3] 25/1/2021 10:59

Agree. The plus1 feature is annoying and adds no value.

[yump] 25/1/2021 10:53

Why is it that the weak-minded always have to shout ?

[julianw2] 25/1/2021 10:42

Great I'll buy up on the dips, the research suggests, this has excellent short & long term potential imo.

[oilisgold] 25/1/2021 10:34

ARB is just a traders dream share. PUMP IT AND THEN DUMP IT. THEN RINSE IT AND REPEAT THE RINSE

[yump] 25/1/2021 10:32

Half the stocks on AIM are BOD's using other peoples' gullible money to fund either some sort of egotistical dream without using their own money, or just shell pump and dump, rinse and repeat. Its allowed but it stinks.

[yump] 25/1/2021 10:30

At timely link for anyone that is wondering how on earth to get to any sort of revenue or profit figure:

[suffersnofools] 25/1/2021 10:26

Proper ones with long term prospects are 2tyke.My simple equation for share price is profit times the multiple the market is prepared to attribute to it.The profit is a tangible value. The multiple varies with sentiment depending on how bearish or bullish the market is. OBC is fine to trade with toy money but eventually it will go pop. I don't ever let the TA dog wag the Company tail with equities.

[nico115] 25/1/2021 10:17

Totally agree Obv is a classic pump and dump

[2tyke] 25/1/2021 10:14

Well, lots of shells have achieved massive valuations in the past. This one hasn't yet.
I think a word about the word correlation is in order too.
When a stock like arb is correlated with say btc. It doesn't mean that arb will always go up when btc goes up.
Gold is thought to be inversely correlated to the dollar and directly correlated with silver.
This changes over time...and probably will with btc correlated stocks too.
Stocks are NOT driven by profits.

[yump] 25/1/2021 10:14

A few hours around 80p then and see what happens this afternoon.

[2tyke] 25/1/2021 10:01

Well OBC isn't strictly relevant, so should have O/T alongside it.
But the interesting thing fir some is that it's also strongly correlated to bitcoin...although it doesn't mine any at all.

[mnomis] 25/1/2021 09:55

Not sure how OBC is relevant to ARB tbh.

[trentendboy] 25/1/2021 09:55

Will start moving very quickly now.

The publicity over the weekend and the publication of a number of very good articles have helped.

The escape velocity argument linked also to money printing is powerful.

Buy and HODL - very simple

[allstars001] 25/1/2021 09:55

I think OBC is the biggest opportunity right now...An illiquid stock is best in this market - Argo now too much interestA booming BTC = booming OBCDYOR

[2tyke] 25/1/2021 09:47

90p ?
Well we'll have to see.
It's not keeping pace with OBC.....but then cream always floats to the top !!

[mnomis] 25/1/2021 09:45

Hi SNF, thinking MM may be a very different skill set, hence took at word. i.e. ability to quickly assess / react to order book / news flow as opposed to worrying about valuation, which as 2tyke likes to painstakingly point out, has little impact (in the very short term imho). Guess, understanding whether a company would make a good M&A target is also not really a necessary skill set to make the market on (and would see volume flags pretty quickly).

Anyway, I am looking forward to a boring week which is what is required for ARB / BTC i.e. some consolidation in the 80's / 90's before the next big leg higher (and the riff raff finding a different BB to post stupid warnings that the stock is going to zero on).