What’s your big gamble?

What’s your big gamble?

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wfw14b

357 posts

194 months

Tuesday 7th July 2020
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MikeStroud said:
petemurphy said:
fking fking babcock
f'ing unbelievable. SP is less now than in March. It makes no sense. I keep scanning RNS, results, BB etc no one has any idea what is going on. One of the healthiest companies out there. It is making no sense. I'm about £500 down on BAB, bought at 323.

The 3 broker ratings in June were for: 516/630/825

I still have the faith as cannot see any reason why it is so low.
Staggering. Nothing makes sense in this market. Its a case of picking a stock out of a hat and hope for the best.

journeymanpro

758 posts

77 months

Tuesday 7th July 2020
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MikeStroud said:
Was there even one good day?? If it happens again ring the church bells nationwide or something.
yesterday was as strong a day it had in a long time.

Skyedriver

17,868 posts

282 months

Tuesday 7th July 2020
quotequote all
MikeStroud said:
I tried that last week; most stressful thing I've done in a long time. Also a pita having to spend so much time monitoring what was going on constantly terrified I'd mis-time the market. I made a few quid but it wasn't worth the stress. If I could create rules/algo/process though it may help remove the emotion from it. Also when you first start doing this I felt the need to win every trade whereas in reality you only need to win 3 in 5 etc. In training mode it's easy; using real money it's tough.
Agree but if you've nothing better to do.......actually I had other things to do but kept returning to the lap top.
I was in and out of AMGO yesterday was doing OK (until the last in).
Yes it was both stressful and tiring
Wouldn't want to do it every day as a day trader. Or would I? Not sure, retired, lock myself in a room for a few hours a day.

wfw14b

357 posts

194 months

Tuesday 7th July 2020
quotequote all
Seriously starting to think of selling my whole portfolio at a modest loss which is only going to get worse and going full bore into Tesla for the time being.

Dave J

884 posts

266 months

Tuesday 7th July 2020
quotequote all
so what do we think NIO is going to do today ?, premarket is showing a slight drop of 09%

Adam B

27,253 posts

254 months

Tuesday 7th July 2020
quotequote all
wfw14b said:
Seriously starting to think of selling my whole portfolio at a modest loss which is only going to get worse and going full bore into Tesla for the time being.
That would be deserving of this thread, Musk himself said it was over valued at c. $800

crazy p/e - is it driven by retail investors just piling in without a thought? Like an anti-BAB

Chris Type R

8,032 posts

249 months

Tuesday 7th July 2020
quotequote all
My funds are getting close to overtaking my single shares in terms of gains within my SIPP. There was a time, not long ago when that was not the case.

vulture1

12,225 posts

179 months

Tuesday 7th July 2020
quotequote all
MikeStroud said:
Chris Type R said:
journeymanpro said:
Why are babcock incapable of 2 good days in a row.
It's pretty consistent in its downward trend. Annoyingly so.
Was there even one good day?? If it happens again ring the church bells nationwide or something.
Thinking of shorting babcock just so one of us wins...

Chris Type R

8,032 posts

249 months

Tuesday 7th July 2020
quotequote all
vulture1 said:
MikeStroud said:
Chris Type R said:
journeymanpro said:
Why are babcock incapable of 2 good days in a row.
It's pretty consistent in its downward trend. Annoyingly so.
Was there even one good day?? If it happens again ring the church bells nationwide or something.
Thinking of shorting babcock just so one of us wins...
I'm hoping it's like a coiled spring, getting tighter and tighter until some good news. My average here is 299.57 so it's getting very close to being a loser frown

petemurphy

10,128 posts

183 months

Tuesday 7th July 2020
quotequote all
BoRED S2upid said:
I’m thinking of setting up a crowdfunding to ease your daily Babcock pain!
please do! i'm £4 off losing £1k on it! keep thinking i should sell and give up by I know the fker will turn the second i do

least shi is doing well today

wfw14b

357 posts

194 months

Tuesday 7th July 2020
quotequote all
Adam B said:
wfw14b said:
Seriously starting to think of selling my whole portfolio at a modest loss which is only going to get worse and going full bore into Tesla for the time being.
That would be deserving of this thread, Musk himself said it was over valued at c. $800

crazy p/e - is it driven by retail investors just piling in without a thought? Like an anti-BAB
Quite possibly. I can see Tesla at $1500 by Friday.

Adam B

27,253 posts

254 months

Tuesday 7th July 2020
quotequote all
Chris Type R said:
I'm hoping it's like a coiled spring, getting tighter and tighter until some good news. My average here is 299.57 so it's getting very close to being a loser frown
I would pretty happy with that TBH. My average is 312 and down £1k

only logic is general unease on government spending and cutbacks, but at 50% lower that is more than baked in

sticking with it for a while

wfw14b

357 posts

194 months

Tuesday 7th July 2020
quotequote all
Dave J said:
so what do we think NIO is going to do today ?, premarket is showing a slight drop of 09%
Hard to say. Looks like it is down -0.08 on open. Hoping for some momentum on it today and then cash out.

Meeten-5dulx

2,582 posts

56 months

Tuesday 7th July 2020
quotequote all
petemurphy said:
BoRED S2upid said:
I’m thinking of setting up a crowdfunding to ease your daily Babcock pain!
please do! i'm £4 off losing £1k on it! keep thinking i should sell and give up by I know the fker will turn the second i do

least shi is doing well today
I'll buy some if you opt to sell.
It normally happens with me being on the other foot...
Fevertree - up £2 since I sold my first tranche....

BoRED S2upid

19,708 posts

240 months

Tuesday 7th July 2020
quotequote all
petemurphy said:
BoRED S2upid said:
I’m thinking of setting up a crowdfunding to ease your daily Babcock pain!
please do! i'm £4 off losing £1k on it! keep thinking i should sell and give up by I know the fker will turn the second i do

least shi is doing well today
Well you know what they say you only loose the money when you sell. £1000 and counting is painful though fingers crossed it starts going the other way soon then we can all buy in and join you in the ride.

Legend83

9,982 posts

222 months

Tuesday 7th July 2020
quotequote all
I just went into BAB at 300p, surely won't go much further down....297p already....

rolleyes

journeymanpro

758 posts

77 months

Tuesday 7th July 2020
quotequote all
Legend83 said:
I just went into BAB at 300p, surely won't go much further down....297p already....

rolleyes
Typical.

Petrus1983

8,740 posts

162 months

Tuesday 7th July 2020
quotequote all
wfw14b said:
Seriously starting to think of selling my whole portfolio at a modest loss which is only going to get worse and going full bore into Tesla for the time being.
They momentarily punched through $1,400 on opening.

wfw14b

357 posts

194 months

Tuesday 7th July 2020
quotequote all
Petrus1983 said:
wfw14b said:
Seriously starting to think of selling my whole portfolio at a modest loss which is only going to get worse and going full bore into Tesla for the time being.
They momentarily punched through $1,400 on opening.
Yep, flying again $1408. Staggering

petemurphy

10,128 posts

183 months

Tuesday 7th July 2020
quotequote all
well there we go. thank you babcock you've gone over the £1k loss mark. you are no longer fking babcock. you are ing babcock.

on the plus side shi and tils well up today. aa rubbish
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