Share tips thread (Vol 2)

Share tips thread (Vol 2)

Author
Discussion

ATM

18,270 posts

219 months

Friday 5th March 2021
quotequote all
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

61 months

Friday 5th March 2021
quotequote all
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

14,971 posts

261 months

Friday 5th March 2021
quotequote all
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

61 months

Friday 5th March 2021
quotequote all
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

27,467 posts

271 months

Friday 5th March 2021
quotequote all
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

2,438 posts

176 months

Friday 5th March 2021
quotequote all
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

16,958 posts

255 months

Friday 5th March 2021
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

18,537 posts

266 months

Friday 5th March 2021
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

18,709 posts

246 months

Friday 5th March 2021
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

3,716 posts

176 months

Friday 5th March 2021
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

18,270 posts

219 months

Friday 5th March 2021
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.

Brother D

3,716 posts

176 months

Friday 5th March 2021
quotequote all
$EYES up +133% today and a quick punt for a lofty $40 profit, but may have some room to run



ATM

18,270 posts

219 months

Friday 5th March 2021
quotequote all

p1stonhead

25,524 posts

167 months

Friday 5th March 2021
quotequote all
ATM said:
Bloody hell.

Down nearly 50% from top soon?

The madness may be ending finally.

Edited by p1stonhead on Friday 5th March 16:45


Edited by p1stonhead on Friday 5th March 16:45

Phooey

12,591 posts

169 months

Friday 5th March 2021
quotequote all
If Tesla comes down to $250 I'm going in! bounce

ATM

18,270 posts

219 months

Friday 5th March 2021
quotequote all
ATM said:
Zoom short
I got in around 390


p1stonhead

25,524 posts

167 months

Friday 5th March 2021
quotequote all
Zoom price was never going to last once the end of the pandemic was (in theory) in sight.

However I do rate them as the best video call software out there. I have a paid account so no limits and can share screens etc. Seems a lot more stable and nippy than MS Teams.

p1stonhead

25,524 posts

167 months

Friday 5th March 2021
quotequote all
Phooey said:
If Tesla comes down to $250 I'm going in! bounce
Still too high.

Their market cap objectively can’t be higher than $100b can it?

Even that is the same as VW.

naturals

351 posts

183 months

Friday 5th March 2021
quotequote all
ATM said:
Buffet is buying his own stock. Clearly he sees nothing else of value .... yet.
Phil Oakley did a good article in IC on them this week.

https://www.investorschronicle.co.uk/education/202...

I also recommend the Focused Compounding podcast - a good 2 part analysis of his letter to shareholders and general strategy.

Brother D

3,716 posts

176 months

Friday 5th March 2021
quotequote all
Brother D said:
$EYES up +133% today and a quick punt for a lofty $40 profit, but may have some room to run
$EYES now at 370%