Share tips thread
Discussion
Mmmm 
Virgin Money announcing an IPO.
Rightly or wrongly I like the Virgin brand and think it has long term potential ....
ETA http://uk.mobile.reuters.com/article/idUKKCN0HR0M5...
Virgin Money announcing an IPO.
Rightly or wrongly I like the Virgin brand and think it has long term potential ....
ETA http://uk.mobile.reuters.com/article/idUKKCN0HR0M5...
Edited by K12beano on Thursday 2nd October 09:49
Phateuk said:
I've got an account with http://www.iweb-sharedealing.co.uk which is part of Halifax. Only £5 per trade, and no monthly/annual fees 
The reason I closed my previous shares account (with my bank at the time) was the account fees were costing me more than I was making on my small investments
Thanks - just been signed off work for two weeks so I will look into that. Settlement date for my share buys isn't til tomorrow so I can't move until then. I'm currently looking to where I want to put another grand or two. I'm thinking that Vodafone, Glaxo, or BAE look okay - but that it only a gut reaction so I need to do some more research. The reason I closed my previous shares account (with my bank at the time) was the account fees were costing me more than I was making on my small investments
Went on bit of a shopping spree yesterday, bought some Googl, Nflx and Tsla all around the 100day. Ideal targets of Google 610, Netflix around 457 and Tesla around 266.
Figure the Us markets might be close to a short term bottom, maybe one more downside move but I'm expecting a snap back rally very soon.
Figure the Us markets might be close to a short term bottom, maybe one more downside move but I'm expecting a snap back rally very soon.
twinturboz said:
Went on bit of a shopping spree yesterday, bought some Googl, Nflx and Tsla all around the 100day. Ideal targets of Google 610, Netflix around 457 and Tesla around 266.
Figure the Us markets might be close to a short term bottom, maybe one more downside move but I'm expecting a snap back rally very soon.
You, sir, have done so well buying Tesla yesterday... watch it climb in 20 mins!Figure the Us markets might be close to a short term bottom, maybe one more downside move but I'm expecting a snap back rally very soon.
AOK said:
You, sir, have done so well buying Tesla yesterday... watch it climb in 20 mins!
Didn't last so long, well didn't go up as much as I expected feels a little heavy. Unveil the "D" 
childish I know but who thought that one up. GPRO finally coming down, probably bounces around the 82 mark but 75 would be nice.
You more or less nailed the top on that one when you got out.
Edited by twinturboz on Thursday 2nd October 15:09
twinturboz said:
Didn't last so long, well didn't go up as much as I expected feels a little heavy. Unveil the "D" childish I know but who thought that one up.
GPRO finally coming down, probably bounces around the 82 mark but 75 would be nice.
You more or less nailed the top on that one when you got out.
GPRO was a really good play I must admit. Sadly almost all the profit offset some tragic calls I made recently. But that's the game. Hope it keeps tumblin for your sake! childish I know but who thought that one up. GPRO finally coming down, probably bounces around the 82 mark but 75 would be nice.
You more or less nailed the top on that one when you got out.
Edited by twinturboz on Thursday 2nd October 15:09
I'm tempted to get back into TSLA. It was one of my first really profitable plays and I hold them in very high regards. Seems it's found resistance around 240 the last few days so might be a good entry point as a long term hold... I think either Deutsche Bank or Morgan Stanley have had a $400 target on them for months now. If it was starting to look unlikely they'd surely have lowered their rating by now!
AOK said:
I'm tempted to get back into TSLA. It was one of my first really profitable plays and I hold them in very high regards. Seems it's found resistance around 240 the last few days so might be a good entry point as a long term hold...
Don't listen to a word I'm saying because I'm probably talking rubbish, but if the chart below shows up properly it shows a 1yr chart. The purple line is the 100day sma, on past occasions you can see that it has acted as support, the same thing yesterday where it more or less bounced right off it, hence my entry. Today on the move up the blue line 50day acted as resistance in premarket around the 255 mark. Ideally I should have trimmed some of the long position here.
Had Tesla moved down today I'd probably have had a stop in place around 232 and then most likely looked for reentry at the orange line the 200day which is about 219ish currently.
Just my opinion but around 235-240 is probably a good entry. It also broke the recent downward channel so if this breakout holds then it shouldn't see the 100 day again and should target 255 next then 266. If your timeframe is longer term, depending on earnings etc maybe it goes to new highs.
Obviously if that 100day was to break then things change.
walm said:
traxx said:
Still waiting for Tesla to crash, its only a matter of time till the market realises that their sales projection are impossible
What sales projection?(Genuine question!)
Tesla (NASDAQ:TSLA) shares have soared 90% thus far in 2014 (after rising 340% in 2013) as investors are not only betting on the continued success but are also betting on 1) incredible growth for the next 10 years and 2) flawless execution. With a fully diluted market capitalization of $38 billion, Tesla investors are assuming that the company is able to sell 100,000 Model S vehicles per year (at $100,000 per vehicle) as well as an additional 500,000 of its next generation mass market oriented vehicle (to be named Model 3 - assumed to cost $40,000) while earning operating margins of 15 and 10%, respectively. The Model S has proven to be incredibly successful, with a second-quarter run rate of nearly 32,000 deliveries. In order to earn enough profit to justify today's valuation, Tesla must triple the deliveries of the Model S (while earning a 15% operating margin on those sales) and sell 500,000 Model 3s. 500,000 units is a tremendous amount of cars to sell. Honda (NYSE:HMC) sells 600,000 Accords in a great year. It has taken Honda 45 years to develop its company to this stage. Similar for Toyota (NYSE:TM) and the Camry. Selling 500,000 units would mean that Tesla has created one of the most successful models of all time. Even if Tesla achieves all of this, the stock would have 0 upside, it would simply be fairly valued. To get a return, investors need Tesla to sell even more cars! Not only must it sell 20x the number of cars it is currently producing but it needs to earn the highest margins in the industry. Investors are completely ignoring the many, many things which can go wrong in the auto industry including: 1) quality problems, 2) supply chain problems, 3) safety issues, 4) competitive pressure on sales and margins. While Tesla seems to be a great company, at nearly 100x 2015 earnings, I think it is likely to be a terrible stock.
I've been quite critical of Tesla before - there's a dedicated thread somewhere - and it seems to me like a classic bubble. Then again I started saying that at about the 90 mark, so more fool me.
Edit: http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Edit: http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Can't argue with anything that's written there about Tesla, but the market doesn't care about valuation until it cares. If it did Amazon, Netflix, Go-pro none of them would be trading at current prices.
They simply care about growth, if Tesla hits the expected numbers at the end of this quater and growth stays on par or increases plus the next quarters guidance is above expectation then the price will only climb, fully agree with you though, at some point the music will stop.
I tried shorting this on the last run up learnt my lesson, you can be right but the market doesn't care. The saying the market can stay irrational longer than you can stay solvent has never been more applicable.
They simply care about growth, if Tesla hits the expected numbers at the end of this quater and growth stays on par or increases plus the next quarters guidance is above expectation then the price will only climb, fully agree with you though, at some point the music will stop.
I tried shorting this on the last run up learnt my lesson, you can be right but the market doesn't care. The saying the market can stay irrational longer than you can stay solvent has never been more applicable.
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