Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
pwa
“Anyone else disapointed that we will lose another gem company to a buyout? “
I think most of us are. But the UK only has itself to blame. Principally because UK markets are incapable of valuing stocks fairly. And that applies more so to tech stocks, such as Darktrace, then any others. As exemplified by Shadowfall (little more than a grubby boiler room operator operating out of the bowels of London) investors are totally clueless when it comes to valuing intangible assets.
And of course the weak pound - trading at 30 percent below its real value. Considering the combination of the aforementioned is it any wonder the nation’s most promising are getting snapped up by overseas predators quicker than you can say Jack Robinson.
The country will suffer as a consequence. Such is the country’s intelligence deficit, the average person knows nothing of investing outside of the national lottery and cryptocurrencies (which aren’t investments at all) Financial illiteracy defines the general population.
Clueless
“No sign of Shadowfall shorting DARK at mo !!”
Wrong yet again!
Short positions don’t have to be declared unless they surpass the 0.5 percent threshold as stipulated by regulators.
Shadowfall’s modus operandi is that if all hyena hedge funds - to collaborate with other hyena hedge funds in collectively shorting a company, by stealth, ensuring each stays below the threshold. It’s known in the game as ‘shorting by stealth’ because it goes under the radar.
And I know all about the game.
Shadowfall have been shorting Darktrace shortly after they floated. That’s evident in the volatile shareprice action - the erratic shareprice rises are the result of panicky short-covering by Shadowfall and their cohorts when the stock gets a boost on positive news.
Any observer can see Darktrace’s price movement doesn’t follow regular patterns - and I’ve just explained why.
From Shadowfall’s perspective keeping under the 0.5 percent threshold causes maximum damage to the companies they attack - simply because the share falls cannot be credited to shorting and investors get worried.
But the market makers know what’s going on.
Regulatory bodies need to put a stop to this by lowering the 0.5 percent threshold declaration to 0.1 percent. And Shadowfall needs to be hit with an astronomical fine for criminal market manipulation.
Shorting a company by stealth while publically trashing its reputation is a crime - it’s like being able to choose your own cards in a casino- and it’s a crime that requires the severest of punishments. Because they are not betting on an outcome they are trying to determine one.
Like their namesake hyena hedge funds work in packs to bring healthy companies down for profit.
I’m not against regular shorting if you’re betting on an outcome. Failed business models such as Cineworld are fair game. But there’s a cogent distinction between shorting failed companies and fabricating and disseminating false information about companies in rude health, while simultaneously shorting them.
Shazbo
“These are the filtered so far on my list, up to you if u want to engage with them or not. .
Aimmaster
Jtan
Insideriinfo
Stiartlittle
Cloudymountain
Oceanpassage
Giantsquid“
Unfortunately filtering posters who hold alternate views isn’t going to stop you incurring eye-watering losses on your Cineworld investment tragedy.
If you’d have listened to them in the first place perhaps you wouldn’t be in a world of pain now.
You can add my name to that list too - my posts are far too informative for someone of your ilk.
Shadowfall
A history of malicious misinformation that backfired.
https://www.cityam.com/darktrace-shares-slide-after-short-seller-shadowfall-bets-against-the-stock/
Interesting to see Shadowfall has reared its grotesque head again. In October 2021 they publicized their short position against Darktrace together with a load of fabricated vitriol. (The shares plunged afterwards)
The times article is nothing new. What we have here is a pack of s**theads who have been caught with their trousers down and now they are spreading misinformation in a desperate attempt to avoid multimillion pound losses.
When they first declared their animosity toward Darktrace there was no buyer on the horizon. Now buyers are lining up to buy Darktrace at £6 £7 £8 and Shadowfall are in the firing line for a MASSIVE short squeeze.
What I find especially satisfying is that when I sell my shares for £7/8 I know Shadowfall are going to be the ones buying.
They called it badly wrong and it’s going to cost them dear. Nothing against honest shorts but I take exception to their spreading malicious misinformation. They deserve a multimillion pound fine for that - let’s hope the toothless fairy (FCA) acts against what I regard as overtly manipulative activity.
And let’s hope the creeps at Shadowfall have access to shotguns when the s**t hits the fan.
Bonkers
“Why else would you slate a share and add nothing but negativity to the board”
You’re overlooking one massively important factor.
Think of the people who came onto this board with a view to investing but changed their mind after reading constructively negative posts.
Think of the grief it’s saved them - the sleepless nights, not to mention the money.
It’s primitive to suggest only people with positive comments be allowed to post. And it’s selfish and spiteful to expect everyone on here to be suffering from the same grievous losses as yourself. I can understand you’re in a world of pain but why try to drag others into your investment tragedy?
I don’t like posters telling others to buy or sell, but whatever view they hold, as long as it’s substantiated it’s valid.
All investment boards need balance - for and against - to give neutral readers an unbiased view.
Hopefully people who have lost out on Cineworld will gain valuable lessons from their loss and come back wiser.
Jones
“We shall see who is right and who is wrong in the coming months!”
Your optimism is commendable.
But it’s my belief we’ll find out who’s right or wrong in the coming days.
Would be the perfect time to announce bankruptcy.
I’d be surprised if the decision hasn’t already been made. I can’t understand how Cineworld can continue trading under current circumstances.
Jones
“In my opinion he is using this Chapter 11 as a trump card to scare Cineplex!”
You do know don’t you?
That if Cineworld files fchapter 11 they will no longer be on the hook for the 1.2 billion Canadian dollars Cineplex were awarded.
That’s a big part of the reason chapter 11 is imminent.
And - we don’t have that chapter in the Uk but we have the equivalent which is insolvency - so bankruptcy will be filed simultaneously in both countries.
But you’ll be heartened to know chapter 11 will protect the workforce - cinemas will remain open - for the unenlightened it will be business as usual.
But the shareholders will get wiped clean.
You must know in situations like this shareholders are bottom of the food chain?
That’s an inherent risk in investing.
Shareholders will end up with the same as Cineplex.
Which is FA
Well, someone’s got to pick up the tab for bankruptcy.
Tropica
“I don't really get the point of averaging down in general,”
One needs to distinguish between averaging down and size -positioning.
For example - when I trade a stock - I never buy in a single transaction- I buy in 2/3 segments. Trade allocation ratio - as I refer to it. ( you heard it here first because I coined the phrase)
And I also know whatever stock I buy is likely to fall further (even I can’t catch bottoms)
But averaging down continually is a loser’s game. Rather than face up to a bad investment many novice traders average down multiple times and end up “All-in” in a single share - usually the wrong one.
Buffett says it’s alright having all your eggs in one basket - as long as it’s the right basket.
Buffett and Munger also pour cold water on diversification. Why buy 30 companies when you can just buy 3 or 4?
But for retail investors who don’t have an encyclopedic knowledge of stocks like Buffett and Munger - diversification is best.
And that applies to almost everyone of us
Including me.
Many novices over-quote Buffett on these boards. But what they overlook is - what’s applicable to investment gurus is not necessarily applicable to inexperienced retail investors.
Rep
“Why has this dire situation come about, why did Mooky and Co ruin a perfectly good company with ambition to be the biggest?“
The answer to that lies in Greek mythology.
Icarus was warned, while attempting to escape from Crete, not to fly too close to the sun. He ignored the warning and his wings of wax melted - and fell to earth and drowned.
Allegorical I know - but as with all Greek mythology it allegorizes both human fallibility and hubris.
That’s why the myth gave rise to the idiom "don't fly too close to the sun".
And Mookey has proven to be a latter day Icarus.
But unlike Icarus who drowned in water…
Mookey drowned in debt.
This is what we know..
Cineworld are $8.9 billion in debt
They’re insolvent, meaning breaking banking covenants and being unable to service that debt.
They’ve announced their intention of bankruptcy
Three years ago the shareprice was over £3
Now it’s 1.9 pence.
Novice investors/ traders have been buying all the way down from £3
And they all got wiped!
Anyone on these boards still trying to suck people into this catastrophe ought to be banned.
Cineworld is dead.
Bonkers
“10:1 would be great at 2p a share! 20p and beyond very doable in the short to medium term! GLA!”
Whatever it is you’re smoking - I want some of it.
Send me the contact details of your pusher.
Reality Sucks!
Stuart
“What is the most amount of money someone has invested in this company”
Good question…
The answer is -whatever amount he invested, he lost the lot.
Hope that answers your erudite question
ATB
Toff
Jones
“Who should I invest in?”
After your Cineworld Investment Tragedy
Do you have any money left to invest?
If not I suggest you invest in a job.
And Now He Faces The Final Curtain!
Poorinvestor
“Just bought another £10k worth.”
Sure you did!
On your Demo account!
Jock
“This stock isn’t up your street don’t buy “
Ain’t that the truth!
Strap
“I joined this to learn....all I've learnt is not to back a sinking ship.”
Don’t underestimate that
It’s an extremely valuable lesson
About 80 percent of retail investors lose money. So whatever you do don’t follow any advice offered on these type of boards
Woolworths
HMV
Debenhams
And countless other failed business models.
All marked down to pennies or a fraction of…
All suspended
Shares untradable
Shareholders wiped out
Company BUST!
The league of deceased companies are ready to welcome Cineworld to the club…