Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I know this will appear to simplify the matter but I do think that timing makes a huge difference. The modern day slavery news landed during a relatively quiet news cycle in the summer whereas right now we're in the thick of it with cases rising by the day and increasing rhetoric and noise about a no deal brexit.
I think even if there is a negative article from the guardian it will do nothing to dent the rise if results are meteoric.
It's a waste of time getting worried about a few percent here and there. It might be weeks, it might be months but when it breaks out a few percent will make no difference... it will probably do 100% over a week of trading days.
I was bloody desperate to get in in the 160s yesterday but sometimes you've just got to stick to your self-imposed limits. Good luck to those who did load up on some cheapies!
Joey I agree with you about this possibly just being Bombastic Boris being Boris... however this didn't feel like the place for it, this felt like more of a carefully worded speech written for him by his speech writers. I don't think the pluralisation was deception at play personally.
I don't know about the ins and outs of the US business but as a fundamentally sound business in this challenging economic climate, we must surely be in a position to pick up plenty of new business and come out the other end a much stronger company than we were in 2019???
Do you think it might now be a case of waiting for the current contract to come to an end before extending it? Possibly in a tie up with a contract for care homes? 4th of May (may the force be with you) was the start date of the initial six months so we might be waiting til early November for an update on this?
The problem is all the Boris sympathisers will repeat the same old cliches 'the government are doing their best in an unprecedented situation' 'cut them some slack, labour would be doing no better'.
Earlier in the year I somewhat agreed but if you're going to make grand statements and declarations you better be damn sure you follow through... I think the time to cut them some slack should end now...
I wouldn't be surprised if we see a leg up over the next few weeks. The six months comment confirms, in my opinion, the plan to push on through the winter however bad things get. They are not looking at a full lockdown in October/November/December. This might be the accelerant struggling companies like NEX were waiting for...
Voleon (algorithm driven shorter) obviously believed that the sp would end up lower than what they opened their short at (was it ~300p?). As the sp rises that only improves the odds and increases the potential gains if they are right.
The worst thing about this falling share price is failing to be disciplined a few weeks ago and putting the last of my allocated money for synairgen in then! At this price it would be good both for LTHs and for a trade as we're likely to get some serious buying pressure soon...
How old are you Wilson if you don't mind me asking? This might be of interest to you: https://www.covidtrialathome.com/
As time goes by and the share price drifts it's normal for PIs to panic. A month or so ago on here this bb was full of predictions that the sp would be £5, £8, £10, some predictions much higher than that. Naturally there will be posters on here that jumped in off those projections and are worried now. Sure it's dangerous and reckless to be throwing thousands on a share based on PI enthusiasm but it happens... I've been there.
So can we accept that most on here voicing their concerns are genuine and are not working for the MMs or part of some nefarious shorting cabal.
It's hard to find a broker, analyst or article offering anything other than a buy rating for NEX:
https://www.fool.co.uk/investing/2020/09/22/stock-market-crash-5-ftse-250-stocks-id-buy-today/
National Express’s operations, both at home and abroad, were absolutely hammered by lockdowns and travel restrictions. So much so, analysts expect the company to post a loss for the current year. However, the stock’s trading at just 5.5 times next year’s earnings on forecasts of a partial recovery. This is far too cheap in my book.