Hey Dominic, you have changed your target from $200/share to today's article which reads, "But if it achieves its lofty goals, it might be able to reclaim the $100 mark." Thots?
I think we would be very lucky should it reach either of those valuations. It could reach those kind of numbers by 2030 with flawless execution of goals etc, but we are a long, long, long way from that.
Steve I urge you to re-read what I originally wrote and what I write above. I have not put a target of $100 or $200 on the stock, as such. I have said, it could reach these valuations under certain circumstances. There is a difference.
I have a financial advisor that manages all the investments. But cash on hand is a chance to make more than the 5% the manager produces. I've never invested on my own so would be a new experience.
Daniel, it bears repeating: this is a high-risk, speculative, illiquid small cap. It has fallen by 98% before. It can do so again. If of interest, only risk a tiny percentage of your portfolio. If you are an inexperienced investor, dramatically reduce your position size.
Maybe buy it in a stocks and shares ISA.... so you don't get stung for CGT. If you haven't bought individual stocks before - I'd be careful putting more than 1-2% of your portfolio on such a micro cap company.
In that case, definitely don't jam in 10 grand if that represents a significant proportion (more than 2%) of your overall funds invested. LODE could wipe you out 50% in a day in either a broad bear market or if it delivers disappointing news
What percentage of your overall investment pot does that £10k represent? I don't expect you to answer on a public forum, but if it's 5% or greater, then can I suggest you be very careful with such an illiquid small cap that could burn you badly if it moves against you, and maybe consider investing a smaller amount?
You need a brokerage account to invest in this. A provider such as Interactive Investor will enable you to invest in this company. However, if you're asking questions like this, it suggests you don't have any experience at this game - probably one of the toughest around, and should definitely not put in anywhere near £10,000, as you could get hurt really badly.
Hey Dominic, you have changed your target from $200/share to today's article which reads, "But if it achieves its lofty goals, it might be able to reclaim the $100 mark." Thots?
I think we would be very lucky should it reach either of those valuations. It could reach those kind of numbers by 2030 with flawless execution of goals etc, but we are a long, long, long way from that.
not really an answer if slapping on 50% cut.
help a steve out since seems he bothered to read an earlier post.
Steve I urge you to re-read what I originally wrote and what I write above. I have not put a target of $100 or $200 on the stock, as such. I have said, it could reach these valuations under certain circumstances. There is a difference.
I have a financial advisor that manages all the investments. But cash on hand is a chance to make more than the 5% the manager produces. I've never invested on my own so would be a new experience.
Daniel, it bears repeating: this is a high-risk, speculative, illiquid small cap. It has fallen by 98% before. It can do so again. If of interest, only risk a tiny percentage of your portfolio. If you are an inexperienced investor, dramatically reduce your position size.
Hargreaves Lansdown, Trading 212 etc,
Maybe buy it in a stocks and shares ISA.... so you don't get stung for CGT. If you haven't bought individual stocks before - I'd be careful putting more than 1-2% of your portfolio on such a micro cap company.
Mark and Jimbo are both correct. This is speculative funds only.
In that case, definitely don't jam in 10 grand if that represents a significant proportion (more than 2%) of your overall funds invested. LODE could wipe you out 50% in a day in either a broad bear market or if it delivers disappointing news
I want to invest 10K, who should I call?
What percentage of your overall investment pot does that £10k represent? I don't expect you to answer on a public forum, but if it's 5% or greater, then can I suggest you be very careful with such an illiquid small cap that could burn you badly if it moves against you, and maybe consider investing a smaller amount?
You need a brokerage account to invest in this. A provider such as Interactive Investor will enable you to invest in this company. However, if you're asking questions like this, it suggests you don't have any experience at this game - probably one of the toughest around, and should definitely not put in anywhere near £10,000, as you could get hurt really badly.
Wise words