What’s your big gamble?

What’s your big gamble?

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Skyedriver

17,661 posts

281 months

Monday 6th July 2020
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Adam B said:
bought some more Amigo at 15.5, only half my order size so far

bounces around with large spread

what si going on with MNZS - airlines all up but aviation support company down eek and its my biggest holding currently

Edited by Adam B on Monday 6th July 12:04
Yes, was out, in and out again before walking the dogs!
Very volatile, if you time it right then good but it's a gamble today for certain.

Just doubled up on BOO after a sudden dip.

Actually, looked at a few more, some relatively stable companies bouncing up and down. PSN ( I got out at 2400, was 2445 a few minutes ago now 2388


Edited by Skyedriver on Monday 6th July 12:13

Meeten-5dulx

2,556 posts

55 months

Monday 6th July 2020
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GPH said:
wfw14b said:
rich12 said:
wfw14b said:
I'm out on Amigo. Freetrade is a shocking platform to buy and sell quickly. Its too unreliable. Back to T212 for trading. If only this stock was on T212.
I'm amazed you can't see any real pricing until you've sold or bought. Shocking platform and have no idea why people put up with it.
Beggar's belief doesn't it. More geared to long term investments. They claim to be bringing in live prices soon and other features. It took me 10 attempts to sell my Amigo shares earlier. I made profit overall but because of not seeing live prices and the 10 attempts I lost around £200.
But it's free isn't it? If so then what do you expect? a premium service for free??!!
Is it really free?
I do think that they make their money on the spread.
Difficult to prove, but they are not a charity...

GPH

647 posts

116 months

Monday 6th July 2020
quotequote all
Adam B said:
bought some more Amigo at 15.5, only half my order size so far

bounces around with large spread

what si going on with MNZS - airlines all up but aviation support company down eek and its my biggest holding currently

Edited by Adam B on Monday 6th July 12:04
If we want to play Predictions for a change, then I think AMGO will finish today around 18p and be 20p by 8.30am tomorrow

Then how it plays out the rest of the week depends on the RNS.
If we see a big company declare they are buying big chunks then we know a takeover offer is on the way.

James Benamor has said he was approached directly to sell his shares but he had already committed to the 1% a day sell off so we know there is manoeuvring going on behind the scenes and they could be waiting to see how many days they can buy shares cheaper on the market before stepping in before it goes over say 30p if that is their best offer...

If no one shows their hand before the end of the week then maybe there is no big company buying - but for example this morning there was a single purchase of half a million shares this morning.
Benamor is selling about 2.9 million a day so not lots.


Edited by GPH on Monday 6th July 12:27

DSLiverpool

14,671 posts

201 months

Monday 6th July 2020
quotequote all
Skyedriver said:
.

Just doubled up on BOO after a sudden dip.




Edited by Skyedriver on Monday 6th July 12:13
You know they get a huge amount of stock from Leicester? that isnt goiung to get back and trading anytime soon - I goty out of Boo firsdt thing and will rebuy after the huge expected drop off

500 Miles

Original Poster:

1,798 posts

225 months

Monday 6th July 2020
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Decent day so far - ignoring Boo smile

Up 1.3% so far on the day.

2 of my 3 largest holdings are down - although have a decent stake in RRE which is up over 60% which has helped, I had hoped this had further to run but obviously not going to complain.

Have topped up on IDP this morning - update due soon and hopefully positive. Long term hold so pretty relaxed about it, just always nice to see blue..

bmwmike

6,918 posts

107 months

Monday 6th July 2020
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anyone know why CiNE is dropping?

Adam B

27,142 posts

253 months

Monday 6th July 2020
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500 Miles said:
Have topped up on IDP this morning - update due soon and hopefully positive. Long term hold so pretty relaxed about it
any idea why its has dropped today? is it just fairly illiquid so any large buy/sell moves the price?

wfw14b

357 posts

193 months

Monday 6th July 2020
quotequote all
GPH said:
wfw14b said:
rich12 said:
wfw14b said:
I'm out on Amigo. Freetrade is a shocking platform to buy and sell quickly. Its too unreliable. Back to T212 for trading. If only this stock was on T212.
I'm amazed you can't see any real pricing until you've sold or bought. Shocking platform and have no idea why people put up with it.
Beggar's belief doesn't it. More geared to long term investments. They claim to be bringing in live prices soon and other features. It took me 10 attempts to sell my Amigo shares earlier. I made profit overall but because of not seeing live prices and the 10 attempts I lost around £200.
But it's free isn't it? If so then what do you expect? a premium service for free??!!
Yes it is but so is Trading T212 and that has live prices and no issues with selling.

anonymous-user

53 months

Monday 6th July 2020
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bmwmike said:
anyone know why CiNE is dropping?
I can only assume it is the ongoing legal wrangle with Cineplex (see posts earlier this morning). I must be £700 down on them now at least. But I think CINE will recover post end of July (when cinemas open again) unless all the BLM idiots and drinkers ignoring the social distancing rules last weekend will cause fresh spikes everywhere in which case I can see the cinema opening date being pushed back again.

GPH

647 posts

116 months

Monday 6th July 2020
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Just looked at the recent buys on AMGO. lots of volumes between 50k and 200k and individual buys of
500k volume at 8.51am then others of 315k, 288k, 264k, 243k, 215k and 200k.

So lots of chunks being bought.

Dave J

882 posts

265 months

Monday 6th July 2020
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Twiddling thumbs for 2.30pm

Holding NIO and the pre-market is indicating +23%, up from +12% at 0800 this morning.


NuckyThompson

1,570 posts

167 months

Monday 6th July 2020
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Well there was an RNS from Hemo today but it wasn’t anything to exciting. Probably enough to keep it on an uptick for the week though.

States that there will be an investor webinar on the 20th, I’m guessing that means we’re unlikely to see another RNS in the meantime?

wfw14b

357 posts

193 months

Monday 6th July 2020
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Dave J said:
Twiddling thumbs for 2.30pm

Holding NIO and the pre-market is indicating +23%, up from +12% at 0800 this morning.
Me too. Looks like it will be a good day for this stock.

vulture1

12,125 posts

178 months

Monday 6th July 2020
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Menzies is dragging me down today, I averaged down and now it is my biggest holding but when it has a bad day the others can't carry it. Shell is doing well today but my ratio is 3/1 menzies to shell shares initail value.

500 Miles

Original Poster:

1,798 posts

225 months

Monday 6th July 2020
quotequote all
Adam B said:
any idea why its has dropped today? is it just fairly illiquid so any large buy/sell moves the price?
Correct - actually quite hard to buy stock sometimes, got a call saying the house broker had 50k shares this morning so hovered them up.

I’m hoping that once their profit increases the market cap will start to get more interesting for investors and that will drive more liquidity.

GPH

647 posts

116 months

Monday 6th July 2020
quotequote all
500 Miles said:
Adam B said:
any idea why its has dropped today? is it just fairly illiquid so any large buy/sell moves the price?
Correct - actually quite hard to buy stock sometimes, got a call saying the house broker had 50k shares this morning so hovered them up.

I’m hoping that once their profit increases the market cap will start to get more interesting for investors and that will drive more liquidity.
I sold mine this morning and Friday to buy AMGO though they wont need to issue an RNS about it biggrinwink
but I will happily buy back in when I sell out AMGO as it sounds a good prospect

Adam B

27,142 posts

253 months

Monday 6th July 2020
quotequote all
vulture1 said:
Menzies is dragging me down today, I averaged down and now it is my biggest holding but when it has a bad day the others can't carry it.
same (see above comment) - annoying that it doesn't follow airlines up, but I am still confident with this longer term

500 Miles

Original Poster:

1,798 posts

225 months

Monday 6th July 2020
quotequote all
GPH said:
I sold mine this morning and Friday to buy AMGO though they wont need to issue an RNS about it biggrinwink
but I will happily buy back in when I sell out AMGO as it sounds a good prospect
Thanks for the shares smile

GPH

647 posts

116 months

Monday 6th July 2020
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500 Miles said:
Thanks for the shares smile
You're welcome. look after them though I suspect it might be difficult to get them back off you wink

rich12

3,461 posts

153 months

Monday 6th July 2020
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Think the AMGO train has run out of puff.
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