What’s your big gamble? (Volume 4)

What’s your big gamble? (Volume 4)

Author
Discussion

Gargamel

15,051 posts

263 months

Wednesday 22nd May
quotequote all
Skyedriver said:
Even the good times etc

Sold yesterday with a profit expecting a fall back only to see another RNS today and a jump.
bought back in big style, took some small profits on half when it started to fall again but see it's jumped yet again. £700 profit could have been £1400!
Its a dilemma, 55% up now, is this the high water mark? they have settle the outstanding claims, the patent is theirs, but they still have a lot of issues.

Just bank the profit and move on, or stick and hope this is the beginning ?

T_S_M

782 posts

185 months

Wednesday 22nd May
quotequote all
Gargamel said:
Skyedriver said:
Even the good times etc

Sold yesterday with a profit expecting a fall back only to see another RNS today and a jump.
bought back in big style, took some small profits on half when it started to fall again but see it's jumped yet again. £700 profit could have been £1400!
Its a dilemma, 55% up now, is this the high water mark? they have settle the outstanding claims, the patent is theirs, but they still have a lot of issues.

Just bank the profit and move on, or stick and hope this is the beginning ?
When you did sell, did you have any issues getting the order out?

I use Trading212 and it’s taken ages to sell any PHE shares in the past. Submit the sell order when it’s high, wait a day in which time the price has dropped again.

NowWatchThisDrive

711 posts

106 months

Wednesday 22nd May
quotequote all
T_S_M said:
When you did sell, did you have any issues getting the order out?

I use Trading212 and it’s taken ages to sell any PHE shares in the past. Submit the sell order when it’s high, wait a day in which time the price has dropped again.
With most AIM stocks inc this one, there is no order book and the vast bulk of the volume goes through market makers (aka RSPs), with comparatively little executed in the auctions - sometimes none at all.

I'm not a customer of theirs, but from what I recall Trading 212 don't have access to the market makers, in which case they'll be limited to only trying to execute your order in the auctions when liquidity is probably extremely thin.

Adam.

27,440 posts

256 months

Wednesday 22nd May
quotequote all
NowWatchThisDrive said:
I'm not a customer of theirs, but from what I recall Trading 212 don't have access to the market makers, in which case they'll be limited to only trying to execute your order in the auctions when liquidity is probably extremely thin.
Certainly the case with IB - AIM stocks trading is limited to SETSqx auctions which are 4 times a day and crap.

MMs match off prices of buyers and sellers so you don't seem to ever achieve a price over (selling) or under (buying) your limit

Skyedriver

18,078 posts

284 months

Wednesday 22nd May
quotequote all
T_S_M said:
When you did sell, did you have any issues getting the order out?
HL
couple of false starts both buying & selling but nothing major.

Skyedriver

18,078 posts

284 months

Thursday 23rd May
quotequote all
Even the good times are worse!!
The profits made yesterday on PHE, lost double on the National Grid fiasco RI today.
Most annoyed as I was going to take the money (decent profit) and run about 2 days ago but decided to hold for the divi.

Adam.

27,440 posts

256 months

Thursday 23rd May
quotequote all
Following PHE, another regular EQT has a pulse it seems.

I got out of both ages ago, probably much higher than were they are now, not that has helped my other disasters

Chris Type R

8,087 posts

251 months

Friday 24th May
quotequote all
Adam. said:
Following PHE, another regular EQT has a pulse it seems.

I got out of both ages ago, probably much higher than were they are now, not that has helped my other disasters
EQT has lost so much value since it was initially a favourite here - no chance of ever breaking even on that POS.

colin79666

1,853 posts

115 months

Friday 24th May
quotequote all
Bought into Maersk when the bridge in Baltimore disaster happened. Up 35% since, thinking of reducing my stake now.

asfault

12,431 posts

181 months

Friday 24th May
quotequote all
colin79666 said:
Bought into Maersk when the bridge in Baltimore disaster happened. Up 35% since, thinking of reducing my stake now.
That bridge had nothing to do with the prices its the ships getting attacked near yemen and more routing round africa. which has caused rates to rise.


On a related not from being 70% down at one point im just just lol 12% down on Zim now.

asfault

12,431 posts

181 months

Friday 24th May
quotequote all
Skyedriver said:
Even the good times are worse!!
The profits made yesterday on PHE, lost double on the National Grid fiasco RI today.
Most annoyed as I was going to take the money (decent profit) and run about 2 days ago but decided to hold for the divi.
What happened with National grid?

cadmunkey

483 posts

91 months

Friday 24th May
quotequote all
asfault said:
What happened with National grid?
Investors didnt like their annual results

colin79666

1,853 posts

115 months

Friday 24th May
quotequote all
asfault said:
That bridge had nothing to do with the prices its the ships getting attacked near yemen and more routing round africa. which has caused rates to rise.
I’m not so sure. Granted it was on a downward slide for quite a while before, due to the factors you mentioned, but it did have another significant dip specifically on 26th March before recovering to where it is today (along with other liner stocks).

On the flip side my punt on Boeing backfired after more bad news came out. Only a fiver though in trading 212 smile

asfault

12,431 posts

181 months

Friday 24th May
quotequote all
cadmunkey said:
asfault said:
What happened with National grid?
Investors didnt like their annual results
its a hell of a drop for a percieved super stable dividend play

ferrisbueller

29,410 posts

229 months

Friday 24th May
quotequote all
asfault said:
cadmunkey said:
asfault said:
What happened with National grid?
Investors didnt like their annual results
its a hell of a drop for a percieved super stable dividend play
https://www.businessgreen.com/news/4214282/national-grid-launches-gbp7bn-rights-offer-help-fund-grid-upgrades?

asfault

12,431 posts

181 months

Friday 24th May
quotequote all
ferrisbueller said:
asfault said:
cadmunkey said:
asfault said:
What happened with National grid?
Investors didnt like their annual results
its a hell of a drop for a percieved super stable dividend play
https://www.businessgreen.com/news/4214282/national-grid-launches-gbp7bn-rights-offer-help-fund-grid-upgrades?
Yeah i went away and read some other stuff too. It was at a mkt cap of 40b and 20% drop and its roughly 33b which is the 7b they are going to dilute by? But I think it would go further as they are going to drop the div and said the div will rise with inflation which is a bad thing if inflation is going to be in the 2% range.

Chris Type R

8,087 posts

251 months

Tuesday 28th May
quotequote all
Chris Type R said:
Adam. said:
Following PHE, another regular EQT has a pulse it seems.

I got out of both ages ago, probably much higher than were they are now, not that has helped my other disasters
EQT has lost so much value since it was initially a favourite here - no chance of ever breaking even on that POS.
More dilution today - AIM at it's very finest.

Gargamel

15,051 posts

263 months

Tuesday 28th May
quotequote all

17.14% on PHE today... after this I really hope the trading update is positive

Miocene

1,373 posts

159 months

Tuesday 28th May
quotequote all
asfault said:
colin79666 said:
Bought into Maersk when the bridge in Baltimore disaster happened. Up 35% since, thinking of reducing my stake now.
That bridge had nothing to do with the prices its the ships getting attacked near yemen and more routing round africa. which has caused rates to rise.


On a related not from being 70% down at one point im just just lol 12% down on Zim now.
I'm up on Zim, just! Think I'll hold for now, hoping for another big divi.

Only THG in the red now. Must be doing something wrong, aren't they meant to be red on this thread?

98elise

26,971 posts

163 months

Wednesday 29th May
quotequote all
asfault said:
ferrisbueller said:
asfault said:
cadmunkey said:
asfault said:
What happened with National grid?
Investors didnt like their annual results
its a hell of a drop for a percieved super stable dividend play
https://www.businessgreen.com/news/4214282/national-grid-launches-gbp7bn-rights-offer-help-fund-grid-upgrades?
Yeah i went away and read some other stuff too. It was at a mkt cap of 40b and 20% drop and its roughly 33b which is the 7b they are going to dilute by? But I think it would go further as they are going to drop the div and said the div will rise with inflation which is a bad thing if inflation is going to be in the 2% range.
NG is taking another beating today (down 3%). It was in my list of shares to range trade (my gambling stocks), but now seems like a genuine gamble!

If anyone is interested my other "gamble" stocks are...

BT
LLOY
SSE
VOD
KFG
JD
PRU
LAND
RKT
DGE

Not as volatile as many on this thread...but as risky as I'm happy to go!

Currently buying PRU, RKT and DGE, all the others sold after recent gains but will buy back in when if/when they drop back.