Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
My post below from the 17th March, feel we’re just seeing this play out on a technical basis and nothing more.
“”Nothing to see here but expect the derampers to come out in force today and the next few days.
No one ever seems particularly interested in technicals on this board, however Boo is one stock that always loves filling a gap. This was never going to continue upwards without first filling the large gap it left at 77.
That’s where it’s heading and I’ll be a buyer again there.
My position is pretty large in Boo now, bullish with an average of 97p now and looking to reduce this further once that gap gets filled””
Nothing to see here but expect the derampers to come out in force today and the next few days.
No one ever seems particularly interested in technicals on this board, however Boo is one stock that always loves filling a gap. This was never going to continue upwards without first filling the large gap it left at 77.
That’s where it’s heading and I’ll be a buyer again there.
My position is pretty large in Boo now, bullish with an average of 97p now and looking to reduce this further once that gap gets filled
MW are not silly and clearly have done very well from this short position. However they realise there’s only so much blood that can be drawn from a stone.
Norges increasing and MW reducing is a good sign particularly coming up to results. Feel the bottom can’t be far off here now, expect other macro factors clearly going on right now will keep the pressure on the stock price. However clearly buying here for the long term is a complete no brainer
Thank God for that. It closed over 105. Now I don’t have to read maxage’s drivel anymore about 105.
Although I suspect the same unintelligent drivel about 110 is incoming from said person in the coming days.
Looking bullish now, good day
For all the bears on here that have appeared of late. Boo just won’t close below 100 for you will it. If it was going to do it, today was the day but whilst US stocks were still massively in the red it closed very strong.
I’m sure MW have taken note, really do feel their shorts will start being closed now.
With the US markets turnaround, in particular the Nasdaq and growth stocks. I think Boo will be in for a good day tomorrow.
Triple bottom now. Surely bullish
Pokerchips,
Exactly, I’m heavily invested here now. However MW have been playing this like a well strung fiddle. Why would they stop when there are no Director buys of note or stellar news.
Unfortunately it will just stay in the doldrums until there’s some kind of catalyst that will make MW move on and that has to come from the company itself in the form of some substantial Director buys and I mean substantial or some far better news moving forwards.
Boohoo has always been awful from a PR perspective for shareholders and I don’t see that changing.
If the bigger market holds up this year I certainly see it over 200 again, however it could go lower from here no problem
Given Jupiter selling 5% of late plus all the short selling I take it as a positive the the stock is finding a bottom around here and is holding up.
Very limited returns from here for the shorts now and they will start buying back the shares and moving on.
You must remember that the 5% Jupiter has sold has also been bought.
I expect they’ll be some more RNS’s inbound with some new funds like Norges that have bought in at these levels now. That 5% wouldn’t have just been snapped up by private investors, expect the bulk of it changed hands between Jupiter and another fund.
Plus has been oversold on the weekly for a long time, eeking out another 10-20% from here is some ask. Shortest have done very well but you’re kidding yourself if you don’t think they will be taking profits soon with Boo being so oversold on the weekly
Clearly the shorts had the inside track to what was coming. Anyone sitting there looking at where the share price is will know this is very much priced in.
But Boo being a boo expect a overreaction today. At least it’s out of the way now and shorts will start closing very soon
Shorts in total and absolute control. Letting it go from oversold but not too much and keeping the algos ticking over. Needs a very punchy RNS or huge directors buy to shake them up a bit. Otherwise this is just going to continue, 133 low from last year is very clearly going to be tested
Trading4good,
There you go. Why not. Certainly has as much chance of flying to 230 with a bit of a short squeeze.
No one knows at this stage and technicals are starting to go out of the window.
It’s looking extremely cheap year in anyone’s books abs surely dangerous levels to continue to be short
Very clearly they are gunning for the 133 low from last year, I’m sure it will be hit tomorrow. Let’s hope that holds as God knows under it.
Share price is acting like a company on the brink of bankruptcy, and clearly they are not. Strange times