Share tips thread
Discussion
traxx said:
This was on TV yesterday - isn't it some sort of scam?
Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
Not sure what sparked it off but it wasn't the only one. Check out Dcix, Esea, Ship, Glbs. Seems the whole sector is your modern day Tulips. Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
twinturboz said:
traxx said:
This was on TV yesterday - isn't it some sort of scam?
Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
Not sure what sparked it off but it wasn't the only one. Check out Dcix, Esea, Ship, Glbs. Seems the whole sector is your modern day Tulips. Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
The BDI has gone from a March low of 290 to 1000+, but I don't see a 5 day corrosponding rise in the BDI.
Nor has Muller Maesk moved up (The largest player in shipping)
If Maesk didn't move I doubt it's fundamental
possible debt settlement appears to be the reason.
That's all Iread.
When these things get into debt their ships can get frozen they can't load or unload because they can't pay the fees.
So it could be that this settlement will allow their ships to operate or at least unload Last two lines speculation on my part.
EDIT Oh, there was a five day rise in the BDI, my bad,I rechecked it on a better graph but Maesk still did not go up....and nor has my BDI tracker.
They are the two I look at daily. (in the hope that Meask may split up)
Edited by jeff m2 on Wednesday 16th November 17:37
twinturboz said:
Yup, were back at the top of a 2yr range except right now compared to before the election we have a stronger dollar and as you mentioned significantly higher yields.
We will find out if the bond market lets Trump get on with his plan of fiscal stimulus, bigger picture down the road can see rising yields combined with a stronger dollar and all that US debt being the end of the bull market, but think we still have one more leg higher in the midterm.
Have a look at DRYS
the shipping stocks have gone crazy.
Is it a case of "Trump and dump"... We will find out if the bond market lets Trump get on with his plan of fiscal stimulus, bigger picture down the road can see rising yields combined with a stronger dollar and all that US debt being the end of the bull market, but think we still have one more leg higher in the midterm.
Have a look at DRYS
the shipping stocks have gone crazy. 
twinturboz said:
traxx said:
This was on TV yesterday - isn't it some sort of scam?
Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
Not sure what sparked it off but it wasn't the only one. Check out Dcix, Esea, Ship, Glbs. Seems the whole sector is your modern day Tulips. Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
Fantastic example of pump and dump - thats why you don't short really small cap shares
traxx said:
twinturboz said:
Have a look at DRYS the shipping stocks have gone crazy.
This was on TV yesterday - isn't it some sort of scam? the shipping stocks have gone crazy. Or has someone managed to buy more stock than there is to force out the shorts
Anyway Nasdaq have stopped it trading
Edited by Burwood on Thursday 17th November 16:43
Saw it at $45 ish after the halt, was half tempted to short it for a split second before deciding just not worth the risk.
No options on it on IB otherwise would have taken a lotto $1 put.
Not sure if anyone trades UWTI but fyi it's being delisted after Dec 8th
No options on it on IB otherwise would have taken a lotto $1 put.
Not sure if anyone trades UWTI but fyi it's being delisted after Dec 8th
Edited by twinturboz on Thursday 17th November 20:43
Burwood said:
I rode DRYS up years ago. it's a bit of a dodgy set up with the CEO being less than 'arms length' with the way he buys/sells company assets to his other family businesses.
Talking of which Tesla are doing well to hold their share price up above $180 given all the bad recent newsHopefully it will bounce up again so I can get another short on
traxx said:
Talking of which Tesla are doing well to hold their share price up above $180 given all the bad recent news
Hopefully it will bounce up again so I can get another short on
It's a difficult one that. On the one hand I quite fancy having solar panels that charge up a power pack that my home runs on and also an EV for local journeys. Hopefully it will bounce up again so I can get another short on
But on the other hand, the Solar City deal was nothing short of Musk using the shareholders of Tesla to bail out his cousins who were going bankrupt. They just bought $3bln of debt and a solar panel company that they had complete access to and could have bought for nothing once it had filed for C11. On that front, I think the deal stinks.
In short, Tesla now has a crap load more debt in exchange for a product they already had total access to and now have to spend the next 2 years sacking people, moving stuff around and generally not being able to focus 100% on their core business.
On top of that they have 4 years of Trump to contend with (their best business plan would be to paint all their kit matt Green, slap a swastika on it and sell it as tight-wing survivalist essentials), China becoming more and more dominant and the EU and Asian manufacturers starting to want the resources essential to EV production.
Having said all that, I've never shorted Tesla and I can't see myself starting now. It is a religion to too many people.
I thought DRYS was 20 cents a while ago. Seems they have had three reverse splits, reducing shares on issue from 670m to 1.2m. so the huge swing was some sort of short squeeze and a liquidity blockage, whatever you want to call it. Anyone want to play it, it's whipsawing all over the place. +90% today. I assume it will follow the Baltic shipping index but it may get played by one of the market makers, not sure who that is but i bet they are making a killing
or just sitting tight enjoying the run. R8Steve said:
I've certainly been enjoying the run on oil and associated companies. 
As i'd posted on another thread i've also opened a significant long yesterday on IGG at about 4.75.
An absolute gift from the FCA in my opinion.
Currently paying a good dividend too. As i'd posted on another thread i've also opened a significant long yesterday on IGG at about 4.75.
An absolute gift from the FCA in my opinion.
I'm holding a rollercoaster of a share....few weeks ago I bought around 5p, a few days ago it hit 16p and currently 10p. Reading the message boards are funny, it's like a trainwreck of hope and people counselling each other / ramping.
g4ry13 said:
Currently paying a good dividend too.
I'm holding a rollercoaster of a share....few weeks ago I bought around 5p, a few days ago it hit 16p and currently 10p. Reading the message boards are funny, it's like a trainwreck of hope and people counselling each other / ramping.
Would this be Amur Minerals by any chance? I bought at around 5p but sold up at 8.58p on the way up, should have held a bit longer!I'm holding a rollercoaster of a share....few weeks ago I bought around 5p, a few days ago it hit 16p and currently 10p. Reading the message boards are funny, it's like a trainwreck of hope and people counselling each other / ramping.
Reading the message boards is certainly entertaining.
R8Steve said:
I've certainly been enjoying the run on oil and associated companies.
As i'd posted on another thread i've also opened a significant long yesterday on IGG at about 4.75.
An absolute gift from the FCA in my opinion.
It's looking like the market disagrees with my assessment of IGG. Still sitting in profit for now (just) but may have to re-evaluate this one.As i'd posted on another thread i've also opened a significant long yesterday on IGG at about 4.75.
An absolute gift from the FCA in my opinion.
AndySpecD said:
g4ry13 said:
Currently paying a good dividend too.
I'm holding a rollercoaster of a share....few weeks ago I bought around 5p, a few days ago it hit 16p and currently 10p. Reading the message boards are funny, it's like a trainwreck of hope and people counselling each other / ramping.
Would this be Amur Minerals by any chance? I bought at around 5p but sold up at 8.58p on the way up, should have held a bit longer!I'm holding a rollercoaster of a share....few weeks ago I bought around 5p, a few days ago it hit 16p and currently 10p. Reading the message boards are funny, it's like a trainwreck of hope and people counselling each other / ramping.
Reading the message boards is certainly entertaining.
a very good guess.I'll stick around a bit longer, I find the message boards very entertaining although when I start hearing 40p, £1 it becomes easy to turn greedy. Maybe should have dumped it at 15p but i've got a bit more patience to see how things unfold. I'm generally steering clear of AIM these days, i've had my fingers burnt enough on it and have been going to more 'solid' companies.
g4ry13 said:
a very good guess.I'll stick around a bit longer, I find the message boards very entertaining although when I start hearing 40p, £1 it becomes easy to turn greedy. Maybe should have dumped it at 15p but i've got a bit more patience to see how things unfold. I'm generally steering clear of AIM these days, i've had my fingers burnt enough on it and have been going to more 'solid' companies.
BLVN looking like it might be breaking out after a bit of a wait.
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