Share tips thread (Vol 2)
Discussion
hypermark said:
Ahh well I only bought in October last year so am not sitting on great profit; I know its well overvalued but interested in the opinions of others.....
Honestly, it’s a gamble like walking into a casino. I was long until Jan 2020. I sold all of it as I thought it was overvalued. It’s gone up 10 times since then I think?
It’s a complete gamble because there is zero objective justification for it’s valuation. Personally I wouldn’t touch it with a barge pole at these levels.
But Tesla has ‘fans’ unlike a lot of companies so who knows really.
p1stonhead said:
hypermark said:
Ahh well I only bought in October last year so am not sitting on great profit; I know its well overvalued but interested in the opinions of others.....
Honestly, it’s a gamble like walking into a casino. I was long until Jan 2020. I sold all of it as I thought it was overvalued. It’s gone up 10 times since then I think?
It’s a complete gamble because there is zero objective justification for it’s valuation. Personally I wouldn’t touch it with a barge pole at these levels.
But Tesla has ‘fans’ unlike a lot of companies so who knows really.
Put 5K into AMC which has a decent 15% bump today.
MSFT also stopped out today which prevented further losses.
Really not sure where the market is going in the next few hours.
YTD +17.27%
MisterBigglesworth said:
Blue gas is in the news again as a Tesla killer. This isn’t news but daily mail et al re-running stories from last year is probably causing retail investors to wobble.
https://www.speakev.com/threads/will-blue-gas-over...
Blue gas is not what is described in that thread. Blue gas is hydrogen produced from oil or natural gas, which has had the by-product carbon captured so it does not become harmful carbon dioxide in the atmosphere.https://www.speakev.com/threads/will-blue-gas-over...
'Colours' of hydrogen:
Black hydrogen - from coal gasification. 20× the mass of CO2 is produced, as of hydrogen.
Grey hydrogen - from steam reformation of natural gas. Has 8–10× the mass of CO2 as produced hydrogen.
Blue hydrogen - from grey or black hydrogen. The excess CO2 in theory is captured and sequestered or used, and is being heavily promoted by the fossil fuel industry.
Green hydrogen - from using renewably generated electricity. Water is run through a proton exchange membrane (PEM) electrolysis units to separate the oxygen and hydrogen.
Shnozz said:
Not any interest in a purchase but was looking at the Avis share price this morning. How the hell has it bounced back beyond where it was pre pandemic when no one will have hired a vehicle in months?!
Mass bookings last night I’d suggest.They’re gonna insanely busy after 21st June if all goes to plan.
jsf said:
p1stonhead said:
Mass bookings last night I’d suggest.
They’re gonna insanely busy after 21st June if all goes to plan.
It's not UK centric.They’re gonna insanely busy after 21st June if all goes to plan.
The market has decided the vaccine is going to work and the sector will rapidly recover as a result.
Hopefully 2022 will be entirely ‘normal’
Brother D said:
p1stonhead said:
hypermark said:
Ahh well I only bought in October last year so am not sitting on great profit; I know its well overvalued but interested in the opinions of others.....
Honestly, it’s a gamble like walking into a casino. I was long until Jan 2020. I sold all of it as I thought it was overvalued. It’s gone up 10 times since then I think?
It’s a complete gamble because there is zero objective justification for it’s valuation. Personally I wouldn’t touch it with a barge pole at these levels.
But Tesla has ‘fans’ unlike a lot of companies so who knows really.
Looks like pre market they’re taking a hammering again down nearly 8.6% at time of writing.
They’re clearly overvalued and you just lost a load. Why on earth would you put more in?
Those 10 you picked up at 712 are now down some 10%....
Is this just pure gambling money for you? If so fair play but you did say you were kicking yourself.
Edited by p1stonhead on Tuesday 23 February 10:37
p1stonhead said:
Shnozz said:
Not any interest in a purchase but was looking at the Avis share price this morning. How the hell has it bounced back beyond where it was pre pandemic when no one will have hired a vehicle in months?!
Mass bookings last night I’d suggest.They’re gonna insanely busy after 21st June if all goes to plan.
If their car rental market opens back up, it won’t do them any harm.
p1stonhead said:
Brother D said:
p1stonhead said:
hypermark said:
Ahh well I only bought in October last year so am not sitting on great profit; I know its well overvalued but interested in the opinions of others.....
Honestly, it’s a gamble like walking into a casino. I was long until Jan 2020. I sold all of it as I thought it was overvalued. It’s gone up 10 times since then I think?
It’s a complete gamble because there is zero objective justification for it’s valuation. Personally I wouldn’t touch it with a barge pole at these levels.
But Tesla has ‘fans’ unlike a lot of companies so who knows really.
Looks like pre market they’re taking a hammering again down nearly 8.6% at time of writing.
They’re clearly overvalued and you just lost a load. Why on earth would you put more in?
Those 10 you picked up at 712 are now down some 10%....
Is this just pure gambling money for you? If so fair play but you did say you were kicking yourself.
Edited by p1stonhead on Tuesday 23 February 10:37
Price went down to $619 at one point... I have heavy tech exposure, so was down over -$15K when I logged into my account after open, and several stop-losses had kicked in which is always annoying when it bounces, but hey taking a small profit is better than a big loss on the times it doesn't bounce back.
Purchased another 12 @ $635
Share price is hovering around $700 mark.
YTD 12.01%
1YR 130.52%
3YR 256.06%
ATM said:
g4ry13 said:
ATM said:
Phooey said:
Glasgowrob said:
Who’s due to report
For example - Apple this Wednesday are tipped to report quarterly revenue of 100bn for the first time. Facebook - also "expected" to report strong profits. Same for Amazon. I just thought there could be chance of a possible 52wk high share price for the big/main tech stocks.I opened a short
Got in around 86000
Still short the sp500. Will keep adding until we get some serious downward movement. Seen some good wobbles the last few days.
BobsPigeon said:
Everyone knew Tesla was massively over valued, I suspect a big sell off and it will be undee $500 by this time next month... That's not a reflection of the company, I think they've got a real chance, the model 2 looks great, but the market cap was/is in lala land.
Tesla and Bitcoin both likely to head South imo but then I’ve been wrong lots of times.bad company said:
BobsPigeon said:
Everyone knew Tesla was massively over valued, I suspect a big sell off and it will be undee $500 by this time next month... That's not a reflection of the company, I think they've got a real chance, the model 2 looks great, but the market cap was/is in lala land.
Tesla and Bitcoin both likely to head South imo but then I’ve been wrong lots of times.bad company said:
BobsPigeon said:
Everyone knew Tesla was massively over valued, I suspect a big sell off and it will be undee $500 by this time next month... That's not a reflection of the company, I think they've got a real chance, the model 2 looks great, but the market cap was/is in lala land.
Tesla and Bitcoin both likely to head South imo but then I’ve been wrong lots of times.bhstewie said:
bad company said:
BobsPigeon said:
Everyone knew Tesla was massively over valued, I suspect a big sell off and it will be undee $500 by this time next month... That's not a reflection of the company, I think they've got a real chance, the model 2 looks great, but the market cap was/is in lala land.
Tesla and Bitcoin both likely to head South imo but then I’ve been wrong lots of times.Quite literally
bhstewie said:
Or put another way we're back where we we were at the start of January this year
Well indeed, last August it was $400. It wasn’t a comment on Tesla as a company then and it sure a st isn’t now. It’s been a wild ride for investors, but I think the whole US tech market is overvalued. Just look at the prices on Amazon and Apple now.
Gassing Station | Finance | Top of Page | What's New | My Stuff