Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Good luck to all us longs but I worry there is too much hope and faith on this board from retail investors whilst institutionals treat the shares like dog's waste.
Stefano5 - I'm only being 'smug' (in your eyes) because of the stupid speak we received when this thing was 250 and any remotely negative comment received back a barrage of abuse and that averaging down was going to be the biggest told you so moment in a couple of months. I'm not sure I said whether I made or lost money at £6 so have a think about that one ;-)
Trust me I've made my fair share of mistakes. As for Karma coming to get me.... you best check which stocks I own because I don't want to bring you and others down as well... btw, I do plan to buy THG at some stage so you're f***** then. HA
Goldy was day trading, now he’s a long term investor.
Eballs.. Don't be too smug about someone buying your shares at £6. we've all bought a dog and regretted it, like all here with this one. Don't worry , your turn will come and fully deserved it will be , ********. Remember this... Karma's a ***** and i pray it bites you in the *******s.GLA
At the level of discount on mass (non company own brand) market products it really is. I've placed plenty of £25 orders that even with 50% margin (pretty normal) from 3rd party brands after the discounts/vouchers and then delivery costs (greatly out of their hands) there's barely £3 profit in it and that before plenty of other costs need applying (google ads, quidco, warehousing the list goes on....).
its not low margin at all.
When people constantly talk about averaging down (multiple times) on a stock like this you are catching a falling knife. If you nail it a double down on the bottom of course it works but I've been reading for months on here people p1ssing their pants with excitement doubling down at £2 shouting about how clever they are.. That's a blood on your hands scenario in my book.
Good luck to all, it's not a dead business just a very very low margin one and unlike Amazon the lack of logistics ownership is the biggest limitation to it be able to move margin the right way.
Finally, thanks to the mug that bought my stock at £6
New animal free whey proteins will come on to the market in the next few years ...( animal whey prices dependent on to many other price factors within dairy )
.eg
https://www.natreve.com/
https://californiaperformance.co/
Wish it was a meme stock !
150 bottom?!
I think a falling knife means, the end game is you loose everything / bankruptcy .
You have to laugh, just hold and yes buy on the way down it will turn around and all will be forgotten.
Smartpee, same a me. What a load of ******
Its not a falling knife for goodness sake
Its being heavily short sold
End of.
Alongside the odd II selling.
Im a buyer :)
Never seen so many fans of catching a falling knife.
sorry to hear that smartpee, i honestly hope it turns around for both of our sakes
would love Primark to use THG ingenuity....
please, can someone educate me on how long this bloodbath gonna continue...
originally averaging at 2.65, then bought more before the results days to bring average down to 2.2..now almost lost 40% of my value within days...25% in just last 5 days...amazing
68000 average 2.42 I’ll buy another 32000 if this touches £1.