Share tips thread (Vol 2)

[Gargamel]

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]

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]

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]

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]

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]

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]

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]

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]

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]

$EYES up +133% today and a quick punt for a lofty $40 profit, but may have some room to run

[ATM]

[p1stonhead]

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]

If Tesla comes down to $250 I'm going in!

[ATM]

ATM said:

Zoom short

I got in around 390

[p1stonhead]

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]

Phooey said:

If Tesla comes down to $250 I'm going in!

Still too high.

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

Even that is the same as VW.

[naturals]

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]

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%

[Benbay001]

Burwood said:

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

All of that is utter tosh.

Everything in Feb was only on sale with the view of hindsight.
CAPE ratios in Febuary were about where the markets sit historically on average, it was hardly bargain basement, everything on sale.
The CAPE ratio is currently at a level that has only been higher once, and that was shortly before the Dot com bubble. https://www.multpl.com/shiller-pe

Ontop of that, Berkshire is now one of the largest companies in the world, and buying a position in a public company with a meaningful amount of Berkshire's $100 billion in cash limits the number of companies that Berkshire can realistically invest in to about 100.

During the last 10 years most of the extreme equities growth has been in "tech" companies. Companies that have very little in the way of moat to protect them from competition, and companies whose fundamentals are so detracted from their stock price its unreal.

Criticising WB for selling his airline position... WTF? He sold something that had clearly had a very significant change to its business and no body could predict how covid would play out. WB has been successful by limiting his downside with the famous quote "dont lose money" holding a company that cannot operate for an unknown period of time opens you up to a whole world of downside risk.

"musing that airline travel will NEVER recover" When did he say anything like this?

Time will tell whether WB has lost his edge, but i very much doubt it.

[Brother D]

Brother D said:

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%

$EYES now at 500%

Slightly regret getting out of that now...