Nearly 60K
Hopefully it’ll be the same come Monday and ARB settles back to tracking it like it was previously.
My ARB shares from Primary Bid have come through on x-o.
Let’s hope Argo starts to follow Bitcoin again!! Ebang was a nice little profit last week. Hoping it eventually becomes another Argo
its crazy…, really feel like i picked the wrong horse on this one, but still hopeful our time will come
Meanwhile, Bitcoin keeps rising. 61k now. I think this will give argo’s stock a boost on Monday.
I was reading about the 4 year cycle of bitcoin today where it tends to peak about 12-18 months after a halving and then go back down to lower levels until the next cycle. That happened following the halvings in 2012 and 2016, with the most recent being May 2020. This suggests a peak near the end of this year followed by a decline in 2022.
It’s impossible to say if it will follow the same pattern but the increase in price so far suggests it is. Thinking end of this year might be an exit strategy and reenter in 2023 in time for the next cycle. What do other people think about this? Obviously this post is about bitcoin but we expect ARB’s share price to go up and down with bitcoin.
HODL
Does it mean hold on for dear life? I thought it was just internet bad spelling but I get it now .
I always thought it started from a typo, much like Pwn (Own) in the online gaming community. Holding on for dear life makes sense though!
Or stonks …
Thats an acronym for ‘stocks that only negate kommon sense’
Hodl on to your bllas and stay put.
stonks - YouTube This one is quite funny
All is say is hold the stock
How long for
I would say hold if you have a large amount of shares.
Peter Hall was quite hush hush about a future Nasdaq listing in a recent interview with Funky Finance. It’s obvious it’s a question that he gets quite a bit given the stressed look on his face, it gave me the impression that he’s certainly aiming for that as long the Texas facility build goes to plan so they go from 35MW to 200 with the ability to expand up to 800 max with the ability to sell energy back to Texas at the new facility. They’ve reached 1 exahash with a messily 35W.
It’s going to be fun watching this pop.
What do you consider to be large amount?
I only have about 67. I know some have well into the thousands.
Equity research article on ARB, published today. Worth mentioning that Align do work with Argo as a nominated analyst.
They are forecasting an upside PT of £6.8 which I think is conservative. This is in light of the fact they previously advocated ‘taking profits’ at 79p but have now updated their recommendation again to ‘Speculative Buy’.