Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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As I have said before - 'Sounds like Insider Trading' Should be in a court of Law
JT JP
Shortsellers are ahead of the game. These wealth destruction Thugs
rob investors. Many end up without funds to invest. Investors are
sucked into the market with a lot of noise while traders go short.
That is criminal and unfortunately acceptable.
Unananinimity - if only...
If it's true, you can bet there would be the mother of all smoke screens puffed out to hide the trial.
ATB LB
Half hearted attempt , to raise bonds .they had no fecking interest
Jockjoy 100% agree , a full investigation ,buts it jpm probably larger than than some countries income .it STINKS all the way
Best post for months
If this is the case, should not JPM be reported to the FCA for insider trading? And if so, will shareholders will be able to sue JPM for their losses?
Jockjoy - excellent post!!
GGA..
CF has been quick to blame all and sundry for this shambles, but the key fault is this :-
When the schoolboy Staley and CF were discussing with JPM and the1st Bond sale, neither of them read the small print, and should have insisted on a JPM secrecy agreement, and no shorting by other parts of the JPM franchise. NOT DONE.
Result? Well JPM made a half-hearted effort on placing the bonds, knowing that when the market found out this had been unsuccessful, that the SXX share price would tank. Highbridge, a JPM subsidiary had meantime built up an enormous shorting position ( and once the other Vultures got wind of this, they piled in too), meaning that JPM made MILLIONS whilst still ( unbeleiveably) not being sacked immediately by SXX.
That was the start of the project going wrong. I have stated already that JPM had CF’s trousers down right from the start. Out of his depth, and with a useless ‘placeman’ as CFO alongside.
Investment Banker? Change the ‘B’ for a ‘W’.
I hope this question gets answered. Maybe not tomorrow, but hopefully in a Court of Law.