Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
So we expected an uplift in SP when Covid restrictions were lifted in the US..No reaction! And todays ‘news’ that passenger numbers are peaking even against rises in fares due to high oil prices..No reaction! Just usually been a daily slow SP drop with the general market. Mental imo…and a rare opportunity to buy at a rock bottom price. Institutions and M.M. will push this back up soon imo. Atb Rich
..are bound to be closing soon as definite signs of recovery are underway. And the value of this company has been way oversold imo. Current shorts are 3% which is a lot. However, once they start closing positions this SP should be due for a sizeable correction. Just my view!
Remember all the talk when we were in the £1:50’s about ‘£2 by Xmas’? Well those forecasts turned out to be on the low side as we have seen highs of £2:50+ since then. And with lots of positive news streams lately we now find the SP down in the £1:80’s. Absolutely mental! Even the charts are suggesting a bottom at current levels. May results will be positive with good possibility of dividend being reintroduced. There is also the real prospect of T.O. at these crazy levels. What’s not to like…got to be one of the best buys around! Dyor Rich
..so grabbed 30k at the open for 162p. ‘Ukraine’ will fizzle out over the next few days imo and this SP will be a ‘wish for’. And should in the very unlikely event that things do kick off..then it really won’t matter as we will all be fecked anyway! Dyor Rich
…currently 33,818. Some of you guys need to be doing a bit more homework or your Stock Market career is going to be short lived! Dow has been vastly overvalued for months and is due a BIG correction. Main reason it has stayed high is because the Fed have kept interest rates at a low so they can afford to service the Trillions of debt..not unlike here in the U.K. This is the reason why investors have bought into stocks..as interest rates have been practically non existent. Once rates rise, and there should be a Fed announcement by Thursday, then servicing the debt will become a big problem. And if rates rise then investors will sell out of over valued stocks to benefit from a savings investment rate. Selling stocks will clearly have an adverse effect on SP’s. Together with Ukraine, Taiwan, Covid and 5G we are on a pretty dodgy place atm. So be careful!
North Scot: You are becoming an embarrassment with your continual comments about BB. These boards are free for anyone to comment. I have yet to see anything constructive or informative coming from you whereas BB provides some great information. If you do not wish to see anyone’s posts then please use the filter..simples!
Clearly BB has an incredible interest in IAG..and world events in general. And while he does get carried away with his keyboard skills, there is often good information contained in his posts which some of the wooden tops on here would do well to digest. Just my view!
The writing has been clearly on the wall that markets were due for a downturn with most stocks being affected including IAG. Anyone who thinks we have seen the worst is in for a nasty shock and should beware catching a falling knife. Ukraine (and Taiwan) is the game changer here, very little to do with Covid, 5G etc., and there is a long way to go before this settles back down. The Dow has yet to implode..and implode it surely will! It is already tottering having come off c 37,000. But a BIG correction is well overdue. And when that happens all markets will be negatively affected. So just be careful guys. There will be good opportunities..but not just yet! Atb Rich
Sold out my entire stock holding over the last two trading days, including ISA’s and Trading Account. Had a great run lately so completely derisking and locking in profits. Anyone who thinks that markets are not going to tank in the next week or two must be delusional imo. The signs are all there for people to see. Dow grossly overpriced and on a wobble..and when it goes, all markets will go with it. Gold now on an uptrend again proving a move to safe havens. The Ukraine situation is also going to drag on and will be the biggest catalyst to catastrophe should things kick off. I’ve chosen to run for the hills for now but will be back once things are a bit more settled. In the meantime I’m going to be an interested spectator. Best of luck. Atb Rich
Bobbins2: Liked your 15:02 post! You hit the nail on the head with your Ukraine reference as that is the big weight holding things back. If things kick off on the Russian / Ukraine border then all markets will be trashed imo. The heat is definitely rising…and getting more and more media focus. The Dow has been tottering about for the last week and looking very vulnerable. It is certainly on a downturn. I derisked about 60% of my holding towards the close this pm but still holding a sizeable chunk. Markets could get a bit choppy over the next few days. Atb Rich
Clearly the lifting of restrictions will propel the SP as evidenced with yesterdays upward spike. Just a matter of time now. There was always the possibility of a retrace following such a rise and especially without any relaxing of rules. However, this just presents a big buy opportunity imo. There will be lots of people, including me, ready to trickle buy at anything approaching 153p..and not too far off that now. Atb Rich