Share tips thread (Vol 2)

Share tips thread (Vol 2)

Author
Discussion

Insurancejon

3,811 posts

210 months

Wednesday 3rd March
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after todays fall, and knowing how the company operates, I reckon Hiscox could be a good LTH

vindaloo79

554 posts

44 months

Thursday 4th March
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Benbay001 said:
vindaloo79 said:
I don’t have a clue what it’s worth. I think Tesla is overpriced, but easy money being pumped into the markets wrecklessly for years on end and more to come will mean fundamentals can be ignored, for now.
Assuming youre intending to hold for a long time rather than trade, how are you making sure youre not holding the box when the music stops?

How do you spot the difference between "buy the dip" and the start of the company becoming valued on fundamentals?
Sorry late reply, but my answer is same as the poster who followed. I will let the funds I buy through make that decision as I didn’t have the disclipline for holding it directly myself.

But It’s also been a turbulent rise for SMT:LSE of late. I’m not ready to BTFD in a big way but have added.


ATM

12,630 posts

183 months

Thursday 4th March
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SP500

It's broke through 3800 now pretty convincingly so next simple target should be 3700

Brother D

2,962 posts

140 months

Thursday 4th March
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ATM said:
SP500

It's broke through 3800 now pretty convincingly so next simple target should be 3700
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).

Also had a small dabble in $buzz

Last couple of weeks have been brutal...

YTD 2.37%
1YR 131.63%
3YR 228.16%



Clive Milk

293 posts

4 months

Thursday 4th March
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As Brother D said looks like Wallstreet bets on reddit has its own ETF now !

https://finance.yahoo.com/news/join-swarm-retail-i...


" "BUZZ empowers individual investors to potentially benefit from the predictive insights gained by measuring the collective convictions about stocks, ultimately building the benchmark for social sentiment.""

scratchchin

Unfortunately BUZZ is trending today and not for good reasons as market sentiment seems to have gone off tech of late.

Should I buy BUZZ? I best go and look on reddit to find out smile Hopefully they are slamming it, which leads to a vicious circle for Buzz and it disappears over an event horizon.

As an aside, I am proud to announce the Pistonheads STT EFT that I will be running out of my shed very soon. It will be based on doing exactly the opposite that everyone recommends.... I've also got a printing press in there for old fashioned forgery, none of this bitcoin baloney.






p1stonhead

24,964 posts

131 months

Thursday 4th March
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TSLA down nearly 30% in a month. Few cheeky hundred billion dollars off the market cap.


dave_s13

12,847 posts

233 months

Thursday 4th March
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Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.

p1stonhead

24,964 posts

131 months

Thursday 4th March
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dave_s13 said:
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
IPOs (initial public offering or ‘going public’) are announced ahead of time.

Sometimes you can get in on the first day. Others you can’t.

IPO calendar;

https://www.marketwatch.com/tools/ipo-calendar

Clive Milk

293 posts

4 months

Friday 5th March
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dave_s13 said:
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
What's the company and perhaps we can advise?

This smacks a bit of insider dealing, as the public perception goes.

I'm all ears though .... smile

ATM

12,630 posts

183 months

Friday 5th March
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Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
You're still buying the dip then.

I don't wanna discuss Tesla as it seems to annoy some on here.

Big question now is will this become the start of a down trend. I hope so because I'm short and will try to stay short as long as possible.

Furlough schemes extended here in UK.

I'm hearing lot of noise about redundancy where businesses started before the government extended Furlough scheme. Damage done and will start to show or will hide until Furlough actually ends if it ever ends.....

Economy is bad. Everyone keeps telling us Economy is bad right. Shares need to go down then. Simple

I could go on about bubbles - shares and home prices

I could go on about commodity prices rocketing higher pushing up costs

I could go on about government bail out money creating inflation which central banks can't control while printing money causing more inflation

I could go on about interest rate expectations going higher

I could go on about debt at record highs and the risk of defaults becoming a contagion - businesses defaulting or individuals losing jobs or small businesses when government bail outs end for good

I could go on about taxation coming

Keep it simple

Everyone keeps telling us Economy is bad

How can you be a buyer if everyone telling us Economy is bad

fosunfan

62 posts

25 months

Friday 5th March
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Given Barclays meteoric rise in the past few days - now well above March 2020 pre-Covis levels - I'm wondering whether to risk a GraniteShares 3 Short before a potential Friday afternoon sell-off.

Or should I just sit on my hands?

Gargamel

12,935 posts

225 months

Friday 5th March
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fosunfan said:
Given Barclays meteoric rise in the past few days - now well above March 2020 pre-Covis levels - I'm wondering whether to risk a GraniteShares 3 Short before a potential Friday afternoon sell-off.

Or should I just sit on my hands?
Peak Covid and Brexity worries I bought Lloyds (on the basis it couldn’t get any worse) and HSBC - but I stayed out of Barclays despite thinking they we also undervalued - something about Barclays I have never liked, so its only sentiment.

52% gain on HSBC, about 5% on Lloyds - they really are a dog.

Either way I think they are all good long term holds

fosunfan

62 posts

25 months

Friday 5th March
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Gargamel said:
fosunfan said:
Given Barclays meteoric rise in the past few days - now well above March 2020 pre-Covis levels - I'm wondering whether to risk a GraniteShares 3 Short before a potential Friday afternoon sell-off.

Or should I just sit on my hands?
Peak Covid and Brexity worries I bought Lloyds (on the basis it couldn’t get any worse) and HSBC - but I stayed out of Barclays despite thinking they we also undervalued - something about Barclays I have never liked, so its only sentiment.

52% gain on HSBC, about 5% on Lloyds - they really are a dog.

Either way I think they are all good long term holds
I bought in to Barclays on April 6th last year and am currently 97% up - didn't put much in as I was being ultra-cautious at the time.

JUst not convinced it can go much higher without at least some selling off - it's up 21% in the last 30 days and just under 8% in the last 7 days.

Shnozz

22,900 posts

235 months

Friday 5th March
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p1stonhead said:
dave_s13 said:
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.

If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
IPOs (initial public offering or ‘going public’) are announced ahead of time.

Sometimes you can get in on the first day. Others you can’t.

IPO calendar;

https://www.marketwatch.com/tools/ipo-calendar
And for Dave's benefit - the Steve Madden part of the film....in fact I am sure Belfort does a piece to camera explaining an IPO in the scene.

Mr Overheads

2,033 posts

140 months

Friday 5th March
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ATM said:
Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
How can you be a buyer if everyone telling us Economy is bad
Warren Buffet: Buy when others are fearful

g4ry13

10,697 posts

219 months

Friday 5th March
quotequote all
Mr Overheads said:
ATM said:
Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
How can you be a buyer if everyone telling us Economy is bad
Warren Buffet: Buy when others are fearful
Baron Rothschild: "Buy when there's blood in the streets, even if the blood is your own."

bad company

14,072 posts

230 months

Friday 5th March
quotequote all
Mr Overheads said:
ATM said:
Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
How can you be a buyer if everyone telling us Economy is bad
Warren Buffet: Buy when others are fearful
Buffet’s a clever guy but he doesn’t always get it right.

Burwood

17,023 posts

210 months

Friday 5th March
quotequote all
bad company said:
Mr Overheads said:
ATM said:
Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
How can you be a buyer if everyone telling us Economy is bad
Warren Buffet: Buy when others are fearful
Buffet’s a clever guy but he doesn’t always get it right.
He was an incredible investor-just wired differently to everyone else. He's too old for the game now. Berkshire did nothing during the crash in Feb 20. Oh, except dump 4B in airline stocks for a massive loss, musing that airline travel will NEVER recover.Everything was on sale and he didn't have the balls to pull the trigger on companies they even owned. Huge miss. Munger must be pushing 95

Brother D

2,962 posts

140 months

Friday 5th March
quotequote all
Burwood said:
bad company said:
Mr Overheads said:
ATM said:
Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
How can you be a buyer if everyone telling us Economy is bad
Warren Buffet: Buy when others are fearful
Buffet’s a clever guy but he doesn’t always get it right.
He was an incredible investor-just wired differently to everyone else. He's too old for the game now. Berkshire did nothing during the crash in Feb 20. Oh, except dump 4B in airline stocks for a massive loss, musing that airline travel will NEVER recover.Everything was on sale and he didn't have the balls to pull the trigger on companies they even owned. Huge miss. Munger must be pushing 95
$Tsla @ $572 - going to watch this...

I did put a chunk into $XOM PM for the time being, but with recent sells I'm at 70% cash, but remaining portfolio of gambling weed and value stocks I've now gone negative for the year : /

YTD -0.04%



Edited by Brother D on Friday 5th March 15:48

ATM

12,630 posts

183 months

Friday 5th March
quotequote all
bad company said:
Mr Overheads said:
ATM said:
Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
How can you be a buyer if everyone telling us Economy is bad
Warren Buffet: Buy when others are fearful
Buffet’s a clever guy but he doesn’t always get it right.
Buffet is buying his own stock. Clearly he sees nothing else of value .... yet.