Argo Blockchain - ARB - Share Chat

Yes - it’s leverage.
Much better to hold the producer or miner as opposed to the actual commodity/whatever you call Bitcoin!
Does also mean that if BTC were to fall, you’d see a greater drop in their profits too!

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why did i sell a t 2 :frowning:

Took some profit today selling some shares, ready to buy the possible dip tomorrow :rocket::rocket:

Still down 6.5% on my investment :disappointed:

Do tell more please, is it odds on that they will dilute? Is that what we are looking at do you think?

ARBKF is currently up 8%, we closed at only 4% up.

well it’s at arbkf 2.77£ so technically it’s down a bit

Tim Draper’s been pretty spot on with predictions so far, impressive that it seems he was ahead of the game with Amazon developing their own crypto.

What’s good for BTC is good for ARB?

Bitcoin price bounces back above $50,000 as prominent investor predicts it could rise to $5m | The Independent

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Currently up 10% but thinking of buying more before NASDAQ listing occurs. Hmmm

Wait, it only just got listed on OTCQX. NASDAQ would be some time away wouldn’t it?

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Four to six week process.

When was that announced again?

Sources for Nasdaq listing? I’ve not been able to find anything reliable that indicates that this is even on the cards.

We talk about it as if it’s just a matter of time, but I’m not so sure about IF, let alone WHEN…

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Yeah, I think the whole NASDAQ thing was just speculation from people saying ARB met the requirements. Nothing official from ARB itself.

If you look at Argo’s performance versus the other listed miners today, you can see who the market views as the best quality asset.

Good post :+1:t2:

Have a look which stock is on the top :eyes:

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So there doesn’t seem to be a general ‘chat’ for all of freetrade so I’ll ask on here, are we witnessing a ‘crash’? Everything I have from tec to mining is falling off a cliff edge… is this normal?

S&P 500 as an example dropped about 30% from its peak in Feb/March 2020. It’s about 5% down from its peak this time round.

Some individual stocks are taking a hammering though.

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I would say buy the dip but where the heck is the dip!!

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No idea sorry. I know we’re taking a battering today :see_no_evil::face_with_raised_eyebrow:. Will it ever go on that Nasdaq everyone on about…will it ever go to £4 a share. Don’t look like it to me :grimacing::sweat_smile: