Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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It’s spam. Just ignore him. He’s clogging up most BB’s
@parry400 that is a subscription link, what does it say please?
@DC2007 LOL
Such a relief to know this - I can sleep tonight now.
Finding great growth shares like Boohoo and holding them long term is about freedom for me. It's not all about money for me. It's about having the freedom to live my life the way I want to live it, to love being with the people I love, to spend time with them, to have fun with them and to enjoy being with them. You can't put a price on that. Holding great growth shares like Boohoo gives me time and less stress to do exactly that. So, for me, it's also about what kind of life you want for yourself.
It’s all relative to individuals circumstances, what is your strategy or goal ?
Day trade - source of income / hobby
Short term hold - in and out around results, maybe buy that car or new kitchen or holiday
Medium term hold - reinvestment or purpose for sale
Long term hold - pension, kids uni fees blah blah
The most honest answer is there isn’t a right or wrong answer. Yes there are different strategies but it all depends on what your specific needs or requirements are. Indeed you could of bought 20k at 2.10 and sell out at £4,00 and be near enough 19.55k up and then the price goes to £5 or £6. However 19.5k is a great sum of money for average joe (and I include Myself in that makeup). Yes you might kick yourself if they went to £5 or £6 but you would kick yourself more If they went down to £3... however this is where the level of risk or exposure comes into play - if the amount invested doesn’t impact significantly then you can play the long game and wait for it to go back up and as PP1 says more often than not it does.
A word of caution with any share - blind faith is equally dangerous there have been many disappointed holders in boo at times got trapped by the declining SP and had to sit it out in my
Case once for about 6-9 months I think from memory, I got Level and sold and then hey presto it shot up a few months later.
So do whats right for your own personal financial situation - profit is profit whether it’s 1k or 100k and in this current climate that’s a win especially against 0.10 bank interest rates !!
For me, target prices aren't a good thing to set. I've seen too many people reach their target price, sell and regret it as they watched the share price continue to rise. I bought Boohoo in 2015, have held them through every up and down and will be holding them for as long as I see them continue to make profits and grow internationally. With every down I've seen Boohoo come back higher and stronger. I believe holding great growth shares like Boohoo is the easiest and best way for me to make money. This has worked for me in the past and so I continue with this strategy. I hope to be holding Boohoo shares for another 10, maybe even 20 years.
I bought 10,000 ASOS shares at 60p each in 2004 and sold them for £60 each in 2014. I held ASOS shares through every up and down for 10 years. I'm happier to hold Boohoo for even longer because they sell their own designs, have 9 brands so far, are great at buying brands cheap out of administration, will buy more brands and they make more profit from revenue than ASOS do because Boohoo don't sell third party clothes. Boohoo own Boohoo, BoohooMan, Prettylittlething, Nasty Gal (a US clothing company), MissPap, Karen Millen, Coast, Oasis, Warehouse.
Been in this for last 6 weeks - Is it worth top slicing or even taking half of the investment out? I still believe in Boo, is this likely to carry on rising till next March?
275p I think about selling, 420 I am very happy.
I got avg price of 236p and trying to figure out what my strategy is here.