What’s your big gamble? (Volume 2)

[500 Miles]

MikeStroud said:

Wow fantastic day - up 6.2% in one day.

My best ever single day. Mind you still not recovered from the previous month yet so a few more like thsi and I'll be very happy.

Nice one Mike - Congrats!

[500 Miles]

vulture1 said:

Bloomberg (and others probably) reporting that trump was given a "cocktail" of antibodies from Regeneron. Would have loved to be in on that before market close.

Of course if he dies the shares will go the other way...

I probably shouldn’t have laughed at that..

[500 Miles]

breadvan said:

MikeStroud said:

breadvan said:

After another poor week, I had a massive clear out and put the total proceeds into DDDD.

I now only hold AVCT, CREO and DDDD.

It’s quite cathartic having a clear out, I feel ready for next week but I may need to borrow that wheelbarrow........

Just curious why creo? I know the people and product there very well hence by interest in why you picked them .

I‘ll whisper it as it’s the gamble thread but I do do due diligence and whilst researching another pharma I found a connection with the BOD of CREO and I liked them and their product. The trials have been positive and I’m expecting much more in the next 12-24 months. A long term hold for me. Are you invested?

Due diligence?

[500 Miles]

I sold out of some of my Cine mid last week, although still have a decent chunk.. put the proceeds into the sure thing which is RBG.

I’m going to try and sell first thing and then buy back in at a lower price, that always works right?

[500 Miles]

Luke. said:

500 Miles said:

I sold out of some of my Cine mid last week, although still have a decent chunk.. put the proceeds into the sure thing which is RBG.

I’m going to try and sell first thing and then buy back in at a lower price, that always works right?

Sell the rest of your CINE first thing? BTW, CINE are still to confirm closure of screens til the year end. Though I'm sure you probably know that.

If I can - there will no doubt be a rush for the door, especially if no RNS in the morning - or a negative one.

[500 Miles]

MikeStroud said:

500 Miles said:

I sold out of some of my Cine mid last week, although still have a decent chunk.. put the proceeds into the sure thing which is RBG.

I’m going to try and sell first thing and then buy back in at a lower price, that always works right?

Curious why you are so confident about RBG? Aren't they in the same boat as all the other entertainment types places (endless lockdowns, restrictions on numbers etc), debt mounting all the time etc?

It’s a definite gamble and I wouldn’t say I’m confident.

From a numbers perspective they seem to be doing ok, eat out to help out has been good. If the CVA goes ahead they will be able to lose some bars that are in less than ideal locations - they seem to have sufficient cash and a current low burn rate to see them through 6 months or so.

It’s going to be bumpy but if it pays off it could be a good 5/10x pay off.

Plus I love vodka.

[500 Miles]

rich12 said:

500 Miles said:

It’s a definite gamble and I wouldn’t say I’m confident.

From a numbers perspective they seem to be doing ok, eat out to help out has been good. If the CVA goes ahead they will be able to lose some bars that are in less than ideal locations - they seem to have sufficient cash and a current low burn rate to see them through 6 months or so.

It’s going to be bumpy but if it pays off it could be a good 5/10x pay off.

Plus I love vodka.

Much cheaper ways to get vodka!
My weekly amazon prime makes it more than affordable.

I’m hedging against a national lockdown - I figure they’ll keep a few pubs open for me, all of you guys are invited obviously!

Parking spaces will be available for the wheel narrows

[500 Miles]

Adam B said:

TCX said:

Space-bar? Doesn't that have to close by 22.00?

Not sure but I bet 500 miles has shares in it

What’s the ticker for it?

Cine wasn’t as bad as feared, bought in a few times between 18 and 21.. still wasn’t pretty...

Tomorrow will hopefully be a better day..

[500 Miles]

MikeStroud said:

petemurphy said:

Still no idea what spacs are! Talking of idp where’s 500 miles haven’t heard from him for a while

Yeah I hold him personally responsible for my worst performing share IDP !!!

Re SPACs, they’re an experiment for me in my search for easy money. As I understand it they simply “buy” a target private company so the private company can become listed quickly rather than taking years to do so. A reverse takeover. If the takeover doesn’t happen then the spac shareholders get their money back. If the takeover does happen then the sp hopefully rises. I’m quite big in two of them simply to see how it works and if they’re an opportunity.

Hello Gents, (and Ladies however I don’t think there are any?)

Sorry for the absence, been completely manic and haven’t had a chance to catch-up on this thread.

Have no fear Mike - you can always trust a Scotsman, just needs some time..

[500 Miles]

MikeStroud said:

Fckitdriveon said:

You need to join our discord group mate - syme is half of what we talk about : )

How do I do that? I Syme is a gamble but i like the outlandish sp predictions as I can dream of stuff I can’t currently afford.

To paraphrase one of our generations great philosophers.

There is a small group that can know about syme. There’s an even smaller group that can explain it. Those that can do both? They become billionaires.

[500 Miles]

500 Miles said:

MikeStroud said:

Fckitdriveon said:

You need to join our discord group mate - syme is half of what we talk about : )

How do I do that? I Syme is a gamble but i like the outlandish sp predictions as I can dream of stuff I can’t currently afford.

To paraphrase one of our generations great philosophers.

There is a small group that can know about syme. There’s an even smaller group that can explain it. Those that can do both? They become billionaires.

I should probably confirm that I have no idea what Syme is all about - could be a big Ponzi scheme for all I know. Obviously have invested anyway just incase it isn’t

[500 Miles]

petemurphy said:

I Love Cake said:

Does anyone else think SNG have done it? With the prof getting his recognition finally etc, surely it all points to something big...

tbh i think its just weekend hype from their man getting knighted and this alleged broker note which doesnt look that real to me. when theyve done it i would hope for a lot more than 20%!! all positive though so fingers crossed

ps is it legal to photoshop such a note and stick it on twitter out of interest?

Edited by petemurphy on Monday 12th October 11:01

Would assume it’s very illegal if you get caught.. although I’m amazed half the people on LSE don’t get prosecuted for the stuff they ‘confirm’.

Nice to see the increase - hopefully isn’t one of the top fallers tomorrow.

[500 Miles]

JustinF said:

Oh and the Big Gamble part of it, I've quit my job with a bit of money aside to live on and will be hoping to make enough to live on beyond that

Edited by JustinF on Tuesday 13th October 13:08

All sounds very sensible -

[500 Miles]

petemurphy said:

MikeStroud said:

Bad day again.

yep

Don’t want you guys to be jealous.... but I’m up a whopping 0.01%. Haven’t figured out how to spend this paper profit yet...

[500 Miles]

petemurphy said:

JustinF said:

Yeah I'm 50/50 on AA, there's the chance for a nice profit, but then again the sp is 44% up on 6 months ago so the chance of a long steady decline if takeover evaporates is putting me off

i think the long steady decline will be instant tbh!

Agree... although much prefer the instant loss than holding onto a declining loser.. speaking of which, despite being up 33% on DeepLoser, it’s starting to annoy me every time I see it - I can’t get the image out of my head of its previous value before Father Jack presented,

[500 Miles]

ferrisbueller said:

Vodka?

Vodka is a good answer to many many questions

[500 Miles]

Chilly for June said:

JustinF said:

Asos wtf sales were up 19%, and pre-tax profits 329% at £142.1m, so ofc it's 7% down today...

Is this not to do with them worrying that their customer demographic are going to be suffering from unemployment and less disposal income.

Then the fact people aren't going to be going out for the foreseeable future and less party wear needed.

That's how I read it anyway but yeah it sucks when profits are up but SP down.

I’m starting to wish that my stocks issue profit warnings, I just can’t deal with the losses when they announce huge profit and revenue increases!

[500 Miles]

MikeStroud said:

fizz47 said:

For those in FMCI...

Are people planning to let it run or quick profit from a post merger spike?

Personally I'll let it run as I believe in the product and will suffer fomo if I sell early.

Likewise, my fomo is too strong..

[500 Miles]

Adam B said:

bogie said:

I have RDSB for years, but avg more like £14 and this year picked up more sub £10. Even the reduced quarterly dividends are still pretty good returns.

Once GGP and EUA boats come in and I've paid off the mortgage and bought the 992 turbo S, I am tempted to dump everything into in BP and RDSB and remove this thread from my favourites, and delete the trading app

I love how your move to sensible stocks centres around investing in companies that make a product everyone wants to outlaw Have you considered adding in any cigarette stocks?

Saw a 992 Turbo S in the flesh the other day, looked amazing. Can I borrow it when you’re using the wheelbarrow??

[500 Miles]

P155flaps said:

gregs656 said:

g4ry13 said:

I seem to be getting XPENG FOMO.

A few days ago they posted some record sales.

I've been watching them, could be a good long term hold.

Yeah I had FOMO (st I’ve missed the boat again) a few weeks ago no NIO and XPEN. So did a bit of reading and watched lots of reviews. Bunged £3k on both as medium termers.

I think they both have legs.

China is a massive Market so even if they only get traction in that market will still shift allot of units.

I think they will end up in other regions before long.

Just checked and seems good days for both today NIO ~20% up quick google target price upgrade to $40 and XPENG ~14%.

NIO earnings update in Nov and I am betting they will climb to low $30s in the lead up. XPENG will also climb with it but below it (I think
NIO has better prospects of the 2).

Check out their battery swap stations popping up all over shop in China. From about 6 mins 30 on

https://youtu.be/hTsrDpsYHrw

Edited by P155flaps on Wednesday 14th October 20:37

I bought Nio using eToro (hate that platform) based on a tip here and then forgot about it - logged onto eToro just now and it’s up 70% - thanks to whoever gave the tip