Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
No, not really.
They’ve just bought a department store (which they don’t want any of) which sells brands no ones heard of, to people 30-40 years older than their target customer.
So apparently we’re now going away from what we know and do best I.e. use technology and social media to sell to young people who spend all their time on there and are happy to buy online... to try and convince people my mums age who are adamant they’ll only start online shopping when every single shop has been shut down and she has no choice.
Great plan....
Agreed. I don’t really understand why Boo would want it, or what they’re getting for their 50m if I’m honest.
They don’t want the stores, fair enough, but that’s all Debenhams is. They don’t have there own brands, they just sell other peoples product through renting space out within the stores.
Boo wanting a bigger presence in beauty also makes sense, but again they could just sell any of the beauty brands on their website. Debenhams doesn’t have their own ones boo can take on and try and grow.
Smacks of a snap decision from losing to ASOS on topshop, wanting to save face and show they can buy things too...
Well that definitely didn't hold. Quite surprised at the aggressiveness of this selling actually.
Nothing to do with the business has changed though so hopefully it'll find support at the 100 EMA or the lower trend line and then reverse.
I prefer to see it as ripping off a plaster... if its got to happen would you prefer quick and get it over, or watch the SP drift for weeks on end down to the same level.
Actually I think you’ll find “investing” is the act of committing money to a cause with the expectation of seeing a benefit in the future. The amount of time taken or means of achieving it are not important.
I never said 100% technicals are the way to go. If you want to hold shares for a decade without selling while someone else wants to buy and sell every 6 months to try take advantage of the ups and downs that’s your choice. But don’t say one is better than the other when you know as well as I do that those patterns of sp movement exist.
All the examples you just gave are great, meanwhile in the real world people have a life, and a job, and a house to upkeep. So don’t really have the time to go round checking bachelors logo is brighter and more eye catching than Heinz.
You can make money on shares without devoting every second of your life to knowing every micro detail about a company. Comparing PI investors like us to institutional BOD’s who are paid massive amounts of money to ensure a good return is not comparable.
It's 98.58, after that is the 100 EMA at 92.78
Pernix I am definitely not an expert, and anyone who says they are or thinks they are are wrong. You just have to do whatever your comfortable with regards investing.
Also, kallumama not being funny but seeing as you've clearly got a problem with other people's investment style... I think yours is pretty sad. To go round shops seeing if things are sold out on the shelf or not is pretty extreme.
It a bit of everything working together to be honest. Don't jump in and out of companies you know nothing about or sectors you don't understand. Stick to companies you know quite well and it helps you see the bigger picture rather than panicking that a decision you've made starts to look wrong.
If you've never looked into charting at all, start with the basics and use IG academy. You can go buy a 500 page book on it if you want but I'd bet 99% of people would manage 2 chapters before wanting to throw it in the bin.
I agree sentiment can have a huge bearing on share prices rising and falling. But if you do some basic research into technical analysis then look at some SP charts randomly you'll start to see they're often more right than wrong. Only time they usually deviate is when an unexpected event happens. But then it just serves to establish a new trend which you can try and expolit.
Don't get me wrong it's far from certain but I think its very important because then you can reassure yourself of decisions without simply "believing" in a company. There will always be a place for technical analysis because of the simple fact that humans always want to try and find order from chaos. Couple this with everyone looking for the same patterns and indicators and it becomes a self fulfilling prophecy.
I get it from technical chart analysis. You're absolutely right that it may turn and start climbing again before it gets there. Any number of black swan events could pop up to make that happen.
But in my opinion there are more indicators for a few weeks of downside than there are upside. The MACD has just crossed the signal line downwards, 3 days of hard selling has occurred since setting a new high, and reduced interest from investors as its now going to be a while till we hear any new news to name a few.
Looking like low 90's now a possibility over the next month or so. I'm certain its only a blip though. Just study the chart and you can see what's likely to happen. It used to pee me off no end that I never knew why price action was like it was but then learnt not to fight the trends and technicals. People can say its all a load of rubbish and that its the big boys wanting commission and to get you to buy and sell, and its true! The likes of us on here really can't beat them, so you just have to pick up the crumbs they leave behind by following their lead.