Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Snige
'' "so what" to hedge fund,then won't invest till shorts move?''
What don't you understand?
The short position is an opinion that you agree with or not.
I have already said that I have not done research myself that would form an opinion as to the Merits of a purchase.
I am of the opinion that the funds that have short positions have done thorough research, enough for me not to bother to form a view otherwise.
If they start to close their positions, I may then investigate further as to the merits of a purchase.
All I know at the moment is that they screwed up their accounting resulting in a black hole.
A Bond issue was then pulled. Another successful Bond issue was made due to them having to pay 9.5% which has at least temporarily filled the hole.
Then we have the possible prospect on the next interest rate move to be down.
Tree shake and investors flee
LTI,what is going on in your head.You say "so what" to hedge fund,then won't invest till shorts move?
"it is simply an opinion that is put into the public domain that professional funds believe that a company is overvalued. So what?" and "but it won't be Metro at the current price without a move on short positions."
I would put my money on XLM for atleast 30% growth
Snige
Just received a large amount of proceeds from the Greene King take-over.
Looking for a home, but it won't be Metro at the current price without a move on short positions.
Snige
You have lost me
LTI, I thought you believed in the power of advertising and the ability to manipulate peoples opinion,you change your tune on a daily basis.
Anyway for someone who has only taken a small punt on "black" you spend a lot of time on here, what's your game?
Snige
''adverse publicity ''
It is simply an opinion that is put into the public domain that professional funds believe that a company is overvalued. So what?
LTI, you never seem to read a post fully.
The problem lies with the adverse publicity a company receives when hedge funds are shorting it.
Anything but a decisive Conservative win will not be good
Matlot,
"not forgetting much easier to send this north fast because of the very high leverage possible due to so few shares being available in comparison to others"
yes that is true...positioning ( and timing ) are key ... and maybe some sort of decisive Election Result ( or some kind of progressive coalition )
Snige
You generally short a share price because you think it is too expensive in relation to earnings, and in this case, maybe you believe that the "growth" part of the premium paid is less of a growth as expected ( as the company has cut back on openings and expansion.
You may also short a share because of the wider economy which you believe will effect the company performance ,and the SP seems too expensive for what you believe will be the headwinds coming ahead ..and as such a contrary position against hopeful long positions ..as there arent that many shares in existance (172m ) it is an easier proxy to short than any of the other sector banks
Snige
''it's the thought of why they are doing it ''
Not a serious comment surely?
They don't think it is worth the current valuation, but so what, it is only their view.
Have they done their homework?
There are plenty of sellers everyday with the same view and plenty of buyers everyday with the opposite view.
LTI, it's not the 10.2% short,it's the thought of why they are doing it and every write up you read on Metro points to this as a problem.
It's like buying a house in duck lane or fishlake it would nag you as to how it got the name.
T
''10.2% of the stock has been borrowed to keep the price down''
The selling of 10% of the shares in issue over a period of time does not keep the price down.
Disconnect between the two is rising - Bond markets betting on a deal whilst hedge funds try to kill the equity price.
Coiled spring in favour of the longs