George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
If you'd have put your money short you'd have had much more money. I dont see why longs shouldn't expect returns and why people saying your not waiting long enough.
Rr is flagging, it should be much higher, its no fault of investors and they have a right to be unhappy with the current price action. The board should be doing a lot more. ..
But useless
Well we said about, sales of assets, covid, flight hours, defence, smr... so I wouldn't count on it. Apart from spikes up this has been going one way since 2018. If your a swing trader it can be very profitable... long term holders it's yet to pay off.
I honestly think they are skimming sp from the etp.
Read the t212 granite community fourm at the last page.
They give stupid vague reasons why it could not track and people are out of money
They blamed a stoploss on Friday for the recent reson people are losing money on this.
Although their terms say the stop loss is only on the downside... and no explanation for Mondays dive.
Both long and short are in the red for the granite x3.
I'm winding out... they are way too dodgy and give no explanation apart form 'general volatility'.
T212 should pull the etp from the broker but looks like both will be making money from this.
My advice is don't use use them
https://community.**************/t/graniteshares-etps-news-questions-answers/38018
I have no other words to say than they are crooks.
Speak to t212 and they say its a low volume etp so doesn't always track, But have no answers to why it can be off by large percents on the day. They say ask granite.
Granite ate the same. They say its indicative and uses RR as a basis but its its own etp. Their marketing and literature states x3, the sums just don't add up even with the decay...
Even today its minus on Fridays price.
I only have a small amount now as I've been winding down /using much lews due to noticing this over the last month or so.
I can only summarise they are very dodgy. You won't get an explanation out of them or your broker either
What do you mean, its not all that bad.
Covids now over from government perspective.
Hopefully we now leverage onto renewable energy and also the rest of Europe, which will speed up climate goals.
If its stocks you mean? Ftse is generally up, usa up, China up.
If its russia you mean, yeah, not good but they have been invading since 2014, we did very little at the time.
It'll all be confined to history, wouldn't worry.
Sold half my RR stock yesterday and waiting for a catalyst (happy to lose out on a few %) or something else to put it into. Feel better already tbh.