What’s your big gamble? (Volume 3)
Discussion
Lottery tickets are what this thread is all about. ORR is mine. I've traded it a few times but doubled my holding a couple of weeks ago. There's talk of them being the next GGP but it all depends on:
1. How much gold they find in Cameroon
2. What IAMGOLD find in Senegal and how that project develops
Always a risk with gold exploration but if it goes to plan it'll be a decent windfall.
1. How much gold they find in Cameroon
2. What IAMGOLD find in Senegal and how that project develops
Always a risk with gold exploration but if it goes to plan it'll be a decent windfall.
Is anyone in ABML still?
I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
bigbaddom said:
Is anyone in ABML still?
I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
Luke and I hold decent size positions so that is worrying (Luke won’t be)I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
Link to that research please
Adam. said:
bigbaddom said:
Is anyone in ABML still?
I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
Luke and I hold decent size positions so that is worrying (Luke won’t be)I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
Link to that research please
https://www.valuewalk.com/spruce-point-strong-sell...
Thanks
Dom
bigbaddom said:
All very concerning. Think I'll halve my exposure. It was published March 10th when the stock was $2.10 and it's drifted down since then except the spike from $1 to $1.60ish now sitting at $1.48My average is $1.59 so would only be a tiny loss on selling 50% today.
bigbaddom said:
Adam. said:
bigbaddom said:
Is anyone in ABML still?
I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
Luke and I hold decent size positions so that is worrying (Luke won’t be)I bought fairly recently so average is $1.55 but having done a lot more reading I think the main attraction was it was $4 rather than being an actual business.
Having read some of the negative research it seems to imply it’s a bit of a scam but would be good to hear the views on here.
I think I am going to halve my position anyway and then reconsider.
Thanks
Link to that research please
https://www.valuewalk.com/spruce-point-strong-sell...
Thanks
Dom
bigbaddom said:
That doesn't read well...I've not looked at them before, so I took a look at the website & investor slide deck which seem very light on details. They seem to claim they will revolutionise the world of battery recycling, but what is their actual tech/IP? There is pretty much no info shown.
Adam. said:
On the plus side they’ve just been granted planning permission for the factory
Hmmm, interested in Luke’s opinion as our resident expert on ABML
That Spruce Point thing has been torn to pieces many times and really is old news. They were and possibly are still shorting ABML massively. I wouldn't sell based on that personally.Hmmm, interested in Luke’s opinion as our resident expert on ABML
Luke. said:
Adam. said:
On the plus side they’ve just been granted planning permission for the factory
Hmmm, interested in Luke’s opinion as our resident expert on ABML
That Spruce Point thing has been torn to pieces many times and really is old news. They were and possibly are still shorting ABML massively. I wouldn't sell based on that personally.Hmmm, interested in Luke’s opinion as our resident expert on ABML
https://www.reddit.com/r/pennystocks/comments/n8gp...
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