Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Cheers. I think he's got caught up in other peoples hype on a message board by the sounds of it.
Current us price is 46 dollars for argo who are something else
current U.K. is £19.95
how’s he just bought some ?
They are talking about Argo Blockchain (LON: ARB)
Could be about to lose it. Could be about to make some easy money. It's definitely very high risk...up to him at the end of the day.
Thank you! I've let him know. He can make his own call now.
He normally only invests in (gold) mining companies and i think in the chat on the gold mining investers pages where he goes someone, somewhere was talking about mining (in the crypto sense) and my friend thought he'd speculate and stick a few quid on FOMO style
Soldato
Posts are like this are exactly why TLSA has had some crazy spikes over the last few years
Soldato
Up 46% on INRG. Biden my champion please make me rich with your green new deal
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He normally only invests in (gold) mining companies and i think in the chat on the gold mining investers pages where he goes someone, somewhere was talking about mining (in the crypto sense) and my friend thought he'd speculate and stick a few quid on FOMO style
No advice but all i'll say is that BTC is a store of value like gold. And BTC is rising looking for a benchmark, a benchmark that doesn't look anywhere near in sight. As far as I know there isn't any other BTC miner on the LSE and they are actually mining BTC (and making large profits) which the whole world is starting to talk about and II's are piling in. I wouldn't be putting my money on a gold miner that is "looking" for gold in a market full of others trying to do the same. Although it does pay like it has for me the past few months with GGP and WSBN. But there are few competitors currently and I don't see that changing for most of the 2021 bull run.
Thank you, appreicate the post. He's already said he's going to run with it and see what happens regardless. I think he's going to start reading up on crypto in general, something i should also do really.
Large profits? A bit of perspective required. They had revenues of 1.6mil GBP last month.
This is just another daft crypto bull run. By all means ride it, but don't pretend there's any fundamentals at play here. The stock is riding a wave of crypto hype.
Story of my life, if I think of all the penny shares I've bought and sold for some profit that have eventually gone on to much larger profits I'd cry
Or the penny shares I bought in 2010-11 that I still hold onto worth FA. Big companies seemed boring back then.Story of my life, if I think of all the penny shares I've bought and sold for some profit that have eventually gone on to much larger profits I'd cry