What’s your big gamble? (Volume 2)
Discussion
I've not read all of volume one but I'm a bit surprised to see no mention of STAR since I started reading.
It's the most frustrating holding in my portfolio. Nothing but good news, strong partnerships, great facility with their bank etc. etc. but it's pretty stagnant and I'm slightly offside with my investment at the moment.
I've got plenty of volatile stocks so it's good to hold something less stressful day-to-day but I just can't get my head around its long term lack of action!
It's the most frustrating holding in my portfolio. Nothing but good news, strong partnerships, great facility with their bank etc. etc. but it's pretty stagnant and I'm slightly offside with my investment at the moment.
I've got plenty of volatile stocks so it's good to hold something less stressful day-to-day but I just can't get my head around its long term lack of action!
ferrisbueller said:
OTCMKTS: CNNWF?
Is it actively traded there?
I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.
I assume so as there’s a real time graph of its price moving and it’s a similar price to ours but in usd. But I am no expert. Is it actively traded there?
I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.
vulture1 said:
Well I'm having a mare of a day, Was still sitting at 20% up into this week but I am heavy ish into the mining companies and Pan african has tanked 10% as well as Novavax at 10% so far down as well.
To add insult to injury I too had cine at 56p then a nice average down to 48p from last weeks lows and read about the sort time between film release and pay tv release so thought it would go lower. Sold it for £100 loss and then watched today go mental and finaly saw the news about the US opening up ownership options on them.
So bought back at 53p and moved the stock to my self titled "don't even think about selling" folder which stops me from trying to be clever with it.
My other really good long term holds and dividend shares are doing good ranging from up 4%-16% which will mean even better dividend rates in the future. They can't keep the overall balance up today as they are slow and steady (and probably what I should be doing more with)
Bad luck on the cine trading. I’ve learnt the hard way to buy and hold. Applying my intellect (such as it is) to be smart leads to guaranteed losses. To add insult to injury I too had cine at 56p then a nice average down to 48p from last weeks lows and read about the sort time between film release and pay tv release so thought it would go lower. Sold it for £100 loss and then watched today go mental and finaly saw the news about the US opening up ownership options on them.
So bought back at 53p and moved the stock to my self titled "don't even think about selling" folder which stops me from trying to be clever with it.
My other really good long term holds and dividend shares are doing good ranging from up 4%-16% which will mean even better dividend rates in the future. They can't keep the overall balance up today as they are slow and steady (and probably what I should be doing more with)
Made me lol about your “don’t even think...” folder.
T5SOR said:
ferrisbueller said:
https://www.bbc.co.uk/news/world-europe-53735718
Mad rush for a Russian "approved" vaccine, anyone?
No, me neither.
What’s their ticker?!?!?Mad rush for a Russian "approved" vaccine, anyone?
No, me neither.
MikeStroud said:
ferrisbueller said:
OTCMKTS: CNNWF?
Is it actively traded there?
I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.
I assume so as there’s a real time graph of its price moving and it’s a similar price to ours but in usd. But I am no expert. Is it actively traded there?
I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.
DRFC1879 said:
I've not read all of volume one but I'm a bit surprised to see no mention of STAR since I started reading.
It's the most frustrating holding in my portfolio. Nothing but good news, strong partnerships, great facility with their bank etc. etc. but it's pretty stagnant and I'm slightly offside with my investment at the moment.
I've got plenty of volatile stocks so it's good to hold something less stressful day-to-day but I just can't get my head around its long term lack of action!
Where’s the upside on this? Downwards trending sp for last five years. Revenue flat. Loss every year. What are their usp’s? Why the suggested buy ?It's the most frustrating holding in my portfolio. Nothing but good news, strong partnerships, great facility with their bank etc. etc. but it's pretty stagnant and I'm slightly offside with my investment at the moment.
I've got plenty of volatile stocks so it's good to hold something less stressful day-to-day but I just can't get my head around its long term lack of action!
ferrisbueller said:
Where are you viewing that please? The charts I'm seeing in Google and Yahoo only update every 5 mins.
Apologies. My mistake. Not real time prices, delayed. What I meant was the prices are changing now so assume it is reflecting the yank market. But I’m no expert so maybe wrong ALawson said:
Thoughts on GVC Holdings, down 20% in the last 4 weeks, IR due Thursday.
Profits forecast to only be slightly down according to HL Comment on 16/07/2020.
Should have gambled on this, up 9.5% today. Profits forecast to only be slightly down according to HL Comment on 16/07/2020.
As Pete says TILs not good but still up 26% overall and COST at least headed back up......should tank tomorrow now.
With most of my money in long term growers and dividend stock, that was quite a nice day, UK banks did well as did BP.
Missed the top on cloudflare the other day and got bored of watching it not doing what i wanted so sold it for 2% down and bought some Virgin Galatic which looks permanently volatile so could be fun.
Missed the top on cloudflare the other day and got bored of watching it not doing what i wanted so sold it for 2% down and bought some Virgin Galatic which looks permanently volatile so could be fun.
MikeStroud said:
ferrisbueller said:
OTCMKTS: CNNWF?
Is it actively traded there?
I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.
I assume so as there’s a real time graph of its price moving and it’s a similar price to ours but in usd. But I am no expert. Is it actively traded there?
I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.
The process of purchasing or selling over-the-counter (OTC) stocks can be different from trading stocks that are listed on the New York Stock Exchange (NYSE) or the Nasdaq. This is because OTC stocks are, by definition, not listed.
+2.85% for me today, which is better than I was expecting. Missed selling out my CINE due to procrastination... I was getting quotes during the spike & FOMO crippled me again.
It's nice to be up a little more, but I've not sold anything today, so no profits have been locked in. It'd only take one Trump tweet to undo the last couple of days.
MNZS was a pleasant surprise, 113 yesterday and 130 today. I wonder if they're a good takeover candidate.
I've wound back to similar profit levels as June 8th.
Good to see BAB edging back to 300.
It's nice to be up a little more, but I've not sold anything today, so no profits have been locked in. It'd only take one Trump tweet to undo the last couple of days.
MNZS was a pleasant surprise, 113 yesterday and 130 today. I wonder if they're a good takeover candidate.
I've wound back to similar profit levels as June 8th.
Good to see BAB edging back to 300.
Edited by Chris Type R on Tuesday 11th August 17:31
MikeStroud said:
I suspect the Americans prefer to buy the CINE share listed on NASDAQ (I think) CNWYG. That way they buy/sell in dollars so avoid currency fluctuations. Same reason I stick to the UK markets as I can't cope with currency fluctuations as well as sp and spread fluctuations. CINE is dual listed.
Fingers crossed re a lift for CINE in the US and fingers crossed a studio wants to buy them.
Fingers crossed re a lift for CINE in the US and fingers crossed a studio wants to buy them.
If you google CNWYG it comes up with a YouTube video called “f
k bees”... I didn’t watch it.. CNWGY Contains less f
king and less bees.. says that Nasdaq CINE is up 30%. Lesson from today - listen to the sages on this thread.
Bought CINE at 43.79p and so 22% up in a day. Result. Not sure if I should have sold at peak (50% up) because I really don't see them being bought by a studio - why would they buy a popcorn vendor?
Menzies finally on the way up with Easyjet. Still down on both (because I didn't average down when they were 490p. If I had would be on a tidy profit now. Can't win them all.
My babcock of the day is national grid - down 1.55% again today and I am carrying a 12% loss. Seem an utter waste of space so may take the small loss on the chin and spend the money on something more fun.
Miles500 - Clear channel is doing well but not on 212. Also prefer GBP as exchange is a killer.
Overall portfolio up for the first time in a long time. So what do I buy next oh wise ones?????
Bought CINE at 43.79p and so 22% up in a day. Result. Not sure if I should have sold at peak (50% up) because I really don't see them being bought by a studio - why would they buy a popcorn vendor?
Menzies finally on the way up with Easyjet. Still down on both (because I didn't average down when they were 490p. If I had would be on a tidy profit now. Can't win them all.
My babcock of the day is national grid - down 1.55% again today and I am carrying a 12% loss. Seem an utter waste of space so may take the small loss on the chin and spend the money on something more fun.
Miles500 - Clear channel is doing well but not on 212. Also prefer GBP as exchange is a killer.
Overall portfolio up for the first time in a long time. So what do I buy next oh wise ones?????
ferrisbueller said:
egomeister said:
ferrisbueller said:
egomeister said:
ferrisbueller said:
I've been out or I would have topped up earlier this morning. I'll keep an eye on it.
I am intrigued as to how these shorts, circa 9% total, are going to close out. They're going to be climbing over each other to get out.
The US opening date looks like an obvious milestone but who knows.
I doubt they are worried if they believe it's a zeroI am intrigued as to how these shorts, circa 9% total, are going to close out. They're going to be climbing over each other to get out.
The US opening date looks like an obvious milestone but who knows.
Genuine question.
The short tracker is still showing 8.75% (data will be a few days off reflecting reality)
When did the shorts start building their positions?
I was assuming they were betting on failure to meet debt covenants, a second wave lockdown in the US (or anything else that delays US reopening).
Cineworld themselves have delayed Q2 results update until next month, I guess so they can reflect some decent revenues.
Whilst not a believer in CINE was tempted to buy back when it 35p again, ah well - not buying at these levels, Q2 results will be a car crash
Been out of contact for last few hours - was Cine actually up 50%? Still a fraction of where it was pre-Covid.. could get interesting. Although all it takes is for the takeover rumours to subside and we’ll be wishing we had cashed in.
Virgin Galactic - now that is a gamble! No revenue and a $4bn mcap that could literally go bang, taking with it the rich and famous.. Adam, bring the barrow! On the plus side, the ticker is SPCE... half tempted..
Clear Channel up 10% - Costain up 7% - thanks for the tip.
Missed out on Dignity despite looking at them again..
Overall up 4.38% on the day (although have a couple of US shares now so that will change).
I’m now worried that we’ll suffer a big correction - I’m generally positive but we can’t have 3 good days in a row..
Just noticed that AA is down almost 5%... oh well..
Virgin Galactic - now that is a gamble! No revenue and a $4bn mcap that could literally go bang, taking with it the rich and famous.. Adam, bring the barrow! On the plus side, the ticker is SPCE... half tempted..
Clear Channel up 10% - Costain up 7% - thanks for the tip.
Missed out on Dignity despite looking at them again..
Overall up 4.38% on the day (although have a couple of US shares now so that will change).
I’m now worried that we’ll suffer a big correction - I’m generally positive but we can’t have 3 good days in a row..
Just noticed that AA is down almost 5%... oh well..
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