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I suspect that the price is already priced in - Rise over 10-15% this week alone. Guess the news was leaked?
Now 2.2% DOWN!! Go figure!! Although the day is not done!
Lots of Sell Off's today though! Went high to 88p and now is struggling to stay in the Green!! Hope this rises at 4pm like most days, shame to get a decent RNS and then the rise in the SP is removed. Although we saw this play previously and then the SP will rise more once the contract is actually completed.
So JPM Gobbled up all the shares on Friday - the TR1 is in relation to Friday I am seeing from the RNS.
So today's Volume could also be JPM round two - or just investors jumping on news and the confidences of JPM being onboard?
@Mouse - he may have finally leant his lesson, the last few tries haven't worked out for him and I really cannot see him letting his "baby" go to waste - although never say never! But yes agreed, sharing most of his plans on social media wasn't the sharpest play and I think lots of retail investors got burnt with the ramping and the promise of 20P!
You also need to consider a potential buyer! Should they get the green light to start lending again and all the current issues "go away / Reduce down to a manageable position" This would be ripe for a potential Take Over..
I'm sure JB has not gone away.. he maybe working something in the background?
Food for thought!!
Good RNS - someone knew this was coming with the nice gains this week already!
8% today... no news released
and another 52 Wk High - in the 78's! No RNS news though so may just be a rally.
I suspect something positive behind the scenes. Maybe a RNS after market closes or early tomorrow?
a jump of 10% on no news is a little odd, unless Biden or someone is pushing renewable energies today?
Should be pushing £1 come the summer all going well!
Been a little while since we saw all those quick movements upwards, seems this afternoon the momentum has returned.
Any news that we may have missed this end?
Another 52 Week high hit!!
Yes L2 - I have mentioned that a few times on this forum and recently i mentioned Biden is driving the renewable energy path - can only benefit companies like LAM.. It's not far off to think that this time next year we could even be sitting on a SP of £1 - £2/3 - long way of and pure speculation, but stranger things happened - Hey all those Microsoft Millionaires, Bitcoin, etc SP that went from low to high... Here's hoping :)
GLA and DYOR
Migsmcl86 - Thanks, yeah I got in at the right time - Almost, I got in 13th May @ 9.02 the next day the SP dropped to the 7s.. so i was one day too early in hindsight.
Yeah thought about it a few times, but now i'm running on some seriously nice compounded value, IE: a 16% rise in LAM will in effect be 100% of my original stake - so over the course of a decent weekly increase, i'm making back my original investment. it then snowballed to +600%, obviously any large drop in LAM will hit me % wise.
I just cannot see this gravy train coming to a stop anytime soon, yesterday was disappointing with the +20% rise and then closing with half that gain gone, but it will come back i think. LAM has carried on through C-19 as if without a care in the world, has not pulled this one down, all the future views are good - I'm confident for £1.
Obviously if this starts to tank and i then think "what if i had sold", will be the same position if i sell some and think "what if i had kept more in".. Can never get it right or please the greedy :)
At the time of writing this, just seen the day high of 68 hit and a 5%+ rise on the day - Let's push to a 70p close for the end of this week.
GLA
Nature of the business I guess and I get why you pulled.. I am currently sitting on a 631% profit on this one, been tempted to pull the trigger so many times over the last few months - at 30, at 50.. am I getting greedy and will this nose dive? Who knows, i think the fundamentals are good, so can only see upside for the next few months - it's certainly helping to keep my portfolio in the Blue..
A fantastic turnaround from this company, to think it was 7p in May and now realistically could hit 10x that value in the next few weeks - with plenty of upside still on the cards. Need to hear some news on confirmations of Bids won over the next couple of months to strengthen this even more.
Anyhow, today is yet another 52 Week high - she continue to gives.
GLA
Time to push to 65 on that news.. onwards and upwards she goes!!