Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
@deemon1981; No worries, just my opinion obvs, and I'm sure you'll decide based on your situation/objectives.
FWIW - it seems like you have spent some time looking at trading patterns, which I think is sensible if you're looking at trading, but I think you will need a decent appreciation of the fundamentals to some degree too, in order to react to situations as they develop - with Argo being quite dynamic/progressive there will be an increasing amount to keep your eye on [which is why I don't really have the time for day trading] - Not just current BTC price, but wider aspects like the Texas dev [planning / power / JVs?], USA/global politics, Elon Musk randomly tweeting something etc....
@Tiedintransport; that sounds harsh, and there's no predicting it, so nothing you can do other than hope there's a dip to buy into.. ..I guess that's the different risk profile to LTH'ing and Trading. Don't blame you for trying it though, and you shouldn't second-guess yourself now - it is what it was?
CC
I decided to try trading with a batch of Argo shares once. Sold 20k shares to play around with, just as Elon Must changed his Twitter bio to include a Bitcoin sign. Not tried any trading since and have also joined Twitter.
Armanensia - Didnt do much research to be fair in my half hour research sesh but what I did pluck out was bitcoin and various crypto which peaked my interest as I do wish to invest in crypto at some stage, hence my 1st post on this page and my chosen oppertunity. After that it was the share trading pattern that screamed to me.
coincollector - thanks for your reply and advice on the re-rate. Ive watched shares im invested in dip and bouce while refusing to trade as agree with the fundementals and also spiked on one. Regarding the re-rate it's a 50/50 if you get spiked or not. Regardless with the volatility of crypto I feel that even if you get spiked you will have the oppertunity to sell or average down depending on how you feel about it at the time. As i mentioned Id like to build up a decent stock here with a new car along the way. Fingers crossed.
GL All
@All; Man, I love the discussions on this Board....
@Liamoghh - great conversation you've started here; hope it's giving you lots to think about.
@deemon1981 - Agreed; there are patterns we've picked up on here - typically dips prior to the USA market opening also. As I said earlier - I'm less likely to trade ARB as I won't risk losing any, but I am constantly funnelling funds from elsewhere and increasing my position on the dips. If you do decide to take a traders approach, fair play to you - just watch out for the re-rate; you don't want to be left on the side-lines when it occurs, and I think the next step up will be another decent one.
IMHO / DYOR etc [you already did, it seems!].
CC
I hate to be harsh as it's your first post here but you if "believe" ARB is into Bitcoin and you think Bitcoin will be mined out in 20 years, I think you should do half an hour of research before investing here...
Read the article in December 2020 lol
2140 before all BTC are mined out.
1st time poster on ARB and an honest opinion, be gentle please. IMHO I think ARB is a traders dream as well as a LTH. If im correct bitcoin (which I believe ARB is heavy into amongst others) will be fully mined in 20years which will have either a massive up or downside, with the way currency is going and crypto and bullion being hedged id say probably upside. My funds are currently invested elsewhere with absolutely no wiggle room (thats aim for ya). Ive been keeping an eye on ARB for a month or so now and see up 10%, down 10% daily. ARB will be my no.1 trading pot once I get a payout elsewhere and have some spare cash. I'll be setting low buy limits and high sell limts on a daily basis as im sure many on here are already doing. Skimming out my initial investment and continuing with whats left on a long term basis with hopefully a few skims along the way for treats. See how that goes lol GL everyone and good advice always respectfully received.
I've read so many times, here and on the Avacta board, of people concerned about setting up a Share ISA and losing money in the movement of existing shares into the ISA due to the time it takes. I opened up my first ever Share ISA on Wednesday. I sold 20k's worth of Argo (6803 shares), early morning and had to wait until it cleared today until I could transfer it into my H&L ISA, then this morning, extremely luckily, I managed to buy 8308 Argo shares for the same money!! Absolutely not boasting but I just want to point out that it can obviously go both ways, with a bit of luck. I'm now wondering when the opportunity might come to do the same in my wife's newly opened share ISA without it going the opposite way (losing money). Hodling like many here and actually feeling very calm in my investment.
Got my black n gold Argo T-shirt which is fine quality and the better half things I look like a twat in it so I'm wearing it loads.
Gool luck, keep the belief and hodl strong.
Cheers
JT
I tried it with GLEN (a volitile stock also) years ago and ended up losing 1000's of shares, never tried it since. HODL for me even though im currently £19k down (£51k on the day!)
What a day. Topped up 13k at 2.30 very happy with that
hmmm sell high buy low why haven’t I thought of that before
Btc moving up again usa about even anyone who sold today pays more to buy back in. It's the way the markets make money from traders more buts and sells more money for them! So I added today as the pattern fri pm dip to monday up is consistent. Some look some see !
I've tried it; generally goes horribly wrong!
Agreed RC. My timing also tends to be terrible; so I don't even bother trying to trade; it seldom works out. Just HODL.
I had a classic a couple of weeks ago where I banked the decent rise on argo from around 135 to 270 and then managed to make the same loss on RMS twice when trying to be clever trading and early wiped out all my gains.
The key to it is to anticipated big macro economic shocks like what’s been happening this week. With a bit more time and preparation I could made some decent cash on my US stocks this week.
Agree everything easy in hindsight and the big fear for me is being out when it really moves up. lmagine being out 3 weeks ago in any of that mad fri eve - wed period and trying to buy back in.
Loads of studies that say the biggest gains happen to LT holders in general but I can see why people try it. My timing doesn't tend to be great so I just try and accumulate.
RC
SteveK , every rat needs a reward to keep pushing the button in the lab. Faith only goes so far; especially when you have been that rat before in another life. Peter Wall and me we could be mates in Texas walking the acres of solar panels. f@ckin bi LG smiley face
I've tried this; it's a lot easier in retrospect. I tend to do it the other way round - I buy above my comfort in the dip, and sell them at a profit later, while keeping my lth number.... if you value a share don't let go of it! I play like this cos I'm bored, it doesn't really add to profit in a quickly rising stock.
I reached my personal risk tolerance a while back (guh).
No hate for traders here, takers everyone do make a market. I've been burnt before trying to be clever, selling all my shares then discovering that there were others waiting to hoover them up and being unable to rebuy.
We're all hear to make money.
Fairly binary thought Kozzi, lots of variables come into play for each individual investor when they choose to commit more, but appreciate your personal position
I am personally at the point where If the price of the share doesn’t go up, then putting more money in is simply a junkie reaction to investing. If people continue to say it is an ideal Time To invest more at a lower price then they have not committed enough in their first buy ins. It is a case of realism to what you can afford to invest and then mentally what you can stand to watch sit in an account not earning - luckily our bank accounts give us more than enough of that
This share needs a base line we can be happy to sit at and move forward or back to and then call it a win
Or draw.
Glasir,
As I posted earlier today, I tried to this morning but couldn't see it working. On the other hand, we opted out of Bed & Isa for my wife but have to wait for the funds to clear on Monday. So this is looking extremely good - depending on Monday's price, could end up with over 500 extra shares. Ppretty exciting times as those extra shares will be worth a huge amount more by Xmas. Her ISA could be enough to clear her mortgage & car loan or hold until 2022? Not against taking some off the table when the price/circumstances add up. Have a great w/e
When it started looking grim I bought a few hundred shares of AG & some GME just incase the tin foil hat brigade were right and the end is nigh.
I've learnt that I would rather hedge against any scenario than sell my Argo.
It's all about timing get it wrong it costs you! Currently holding long only gains