What’s your big gamble? (Volume 2)

[500 Miles]

Meeten-5dulx said:

Mean and keen.... I’d like to say I like your style. But I’d be lying....
Which reminds me, Dignity. I tend not to look at prices after I’ve sold out but noticed they are 700+ now....
I bailed just over 500. Had I stayed in it would be £10k extra! Fek fek fek.

Been playing on the demo account in IG and after 4 ‘trades’ am showing a positive result.
Bet that is all my luck used when I move into real cash!

Short fevertree if it gets nearer 2500.
Buy at 2200.
If any chartist can tell me that’s correct .... back up my gut feel

Edited by Meeten-5dulx on Thursday 19th November 23:36

I kept looking at Dignity as well, price seemed low - especially during a pandemic.. but there was the risk of the comparison websites reducing cost, Covid lowering funeral sizes and bringing forward deaths from later years and more regulation... obviously overthought it.. not like me!

I don’t disagree on Fever Tree but staying away from shorts at the moment

[500 Miles]

Dave J said:

I’m 21% up for the week currently :-)

Great result Dave!

[500 Miles]

Skyedriver said:

vulture1 said:

Welcome,

A while ago a few of us said what our aim was for puting money into the stock market.
Mine started out as a bottom end aston martin but I have moved that goal post to a 5-10 year old ferrari of some sort.

How are everyone elses goal plans going?

Plan?

If you’d asked that a week ago it would have been a different answer.. I’ve gone from almost 20% down about 2 weeks ago to just over 20% up, a decent chunk of that was driven by Revs - invested when it couldn’t go any lower... it did... took advantage of the rights issue which was at a low price... it then went lower again... chased it down to average down.. and then it’s started going north again over the past week or so. I’d say that accounts for about 30% or 40% of the change.

My top 10 by value list contains 3 that are under water - the only one I’m worried about is DeepVerge... I’ve sold down some at a profit but still my 7th largest gamble share. Briefly it was my 3rd largest, then they started to talk... biggest gainer percentage wise is BWNG which is up 227%, biggest loser is SNG which is down almost 54%. 35 winners and 15 losers - it was evens just prior to vaccine announcement.

I can’t remember what I said I was going to spend the winnings on, might have to look back and see..

[500 Miles]

andy43 said:

Synairgen - it needs a boost!
https://www.theguardian.com/world/2020/nov/22/why-...

Thanks for posting!

Synairgen is my largest percentage faller, down almost 54% now... I must have managed to buy it almost at its 5 year peak... how’s that for skillz?

Da Wolf of Slough

[500 Miles]

dingg said:

500 Miles said:

andy43 said:

Synairgen - it needs a boost!
https://www.theguardian.com/world/2020/nov/22/why-...

Thanks for posting!

Synairgen is my largest percentage faller, down almost 54% now... I must have managed to buy it almost at its 5 year peak... how’s that for skillz?

Da Wolf of Slough

I've seen a very large profit reduction to a tiny wincy profit (at the moment) Just need a bid for AA. this week then all in SNG and switch off for 4 months, then either a very happy chappy or leave all this gambling behind (probably not) or hand the whole lot over to IM.

Eta once the first eua lands I think a domino effect will happen as everyone rushes in once that doors opened.

I’d forgotten the bid deadline (latest one) was this week, here’s hoping that saga will come to an eventual end.

I’m not sure where I’ll put my AA proceeds... I might put top RBG, The Social Chain and then a smaller top up amount into the crazy ex....

What makes you confident about SNG? I could be tempted..

[500 Miles]

dingg said:

500 Miles said:

What makes you confident about SNG? I could be tempted..

All the science adds up to a treatment that will help ANY viral lung infection, an anology would be like the discovery of penicillin. SNG have the delivery method sewn up, the right type of interferon sewn up, once the results of the at home trial is released and the larger phase 3 I think the sp will be a considerable amount higher than the current price.

It's not just a cv19 application that is the interest for me, my dad died of copd related illness and my mother developed IPF which subsequently was the cause of her death 2 years later, an absolutely horrible way to go, I think the drug they have could be the panacea to help a whole lot of people with any lung condition that is exacerbated by viral infection , and if it does work out as I hope the sp will be multiples of where it currently sits.

Thanks Ding and sorry for your loss, losing 2 parents so close together must be incredibly hard.

I may add some of my AA gains into SNG then...

[500 Miles]

indestructible focus said:

JustinF said:

petemurphy said:

gutted to have missed costain as not a week went buy i didnt think it was good value. mind you i think i thought that at 60ish so do we think its got much further to go?

worth getting still for the infrastructure announcement or too late?

https://www.dailymail.co.uk/news/article-8977201/O...

Still 66% under 1yr, I'm considering buying more

Mindful my tips and PF have been going well of late (won't last forever...)and don't want to come across ramping, however....

https://www.costain.com/news/news-releases/results...
Market news from 14 September 2020

Costain, the smart infrastructure solutions company, announces its results for the half year ended 30 June 2020.

Adjusted operating profit of £5.7 million, reflecting the Group's resilient operations despite the impact of COVID-19 in the period
Reported operating loss reflects the previously announced charges in relation to the Peterborough & Huntingdon contract (£49.3 million) and the A465 Heads of the Valleys road contract (£45.4 million) to adjust the revenue recognised to the amount of cash received to date on the contracts
Continued positive infrastructure market outlook with good levels of activity and opportunities
Strengthened balance sheet following £100 million equity raise resulting in net cash of £141 million, enabling the Group to further capitalise on the growing infrastructure market opportunities
Over £2 billion of contracts and frameworks secured in the first half comprising a greater proportion of integrated services, in line with strategic focus
Order book of £4.2 billion including £0.9 billion of secured revenue for 2021.


+Net cash (cash minus interest baring loans) equals £140m with a market cap of £155m...
+Placing price in May was 60p so still below that.
+History of good profits and margins in the sector.
+Compare YTD performance against competitors.
+ Annual profits for past 5 years on average £30m (not factored into share price currently what with cash balance being market cap.)

It's not going to rip like Saga or airlines did multibag etc in the short time, medium term play for me, target for me circa 90p.

That sounds like a sensible target, after today’s rise in back at break even - been underwater on it for a bit.

[500 Miles]

petemurphy said:

just looking at shoe zone which is 17% up.

you couldnt make it up:

Peter Foot (Finance Director)

That is quality - worth a punt based on that alone..

[500 Miles]

EFH189 said:

Meeten-5dulx said:

Aiminghigh123 said:

I will be watching CINE this week for a pull back to 45 before getting back in now I have 10% cash.

IAG doing well and have been both long and shorted RR today to pick up some £££. If I can get £150 a day spread betting I will be very happy.

I don’t think I have to pay tax on it but not 100% sure.

No tax payable, I'm certain of that.
I have a colleague who has been doing this for years and is his primary source of income!
Moved to spreadbetting to avoid CGT

Correct, you don’t pay any taxes on spread betting gains.

As 74% of people lose money I think the government didn’t think it was worthwhile collecting...

Or maybe that was just me..

[500 Miles]

petemurphy said:

bmwmike said:

Anyone still in 4D?

was thinking of getting back in if aa had made some money as they are on 212 now. think they will be amazing in the long run but worry there is no short term news to send it on its way. unless they get bought out

I’m still in - thanks for whoever’s tip that was - up just under 85%, was substantially higher a month ago

[500 Miles]

Meeten-5dulx said:

I hear you.
I did a fair bit of spread betting and it was going well till I decided to up the stakes.

“When in trouble, double”

Perhaps not the smartest move as it led to avoiding phone calls. Margin calls were stressing me out big time.
Cashed out with considerable losses and then over 3m watched it all turn around and crude / wti hit ever increasing highs... oh well....

This time round the platform has become considerably more complex so I’m taking it easy.
The option to short is the primary reason to reopen the account.

Anyone au fait with IG index, shoot me a pm.

An ex business partner got into spread betting in a big way, managed to lose his money as well as the business’s money. He ended up going bankrupt... strangely enough he’s not on the Xmas card list.. what a @@@@

I had played around with it a few years ago but just to risky for me.

[500 Miles]

g4ry13 said:

Spread betting is no more risky than other investing. The problem is people don't understand leverage and the size of the positions they're taking.

I probably have a very different view on that however it’s probably a discussion for a different thread.

Everyone has their own risk profile, I would say I take reasonably significant risks but nowadays I wouldn’t go near spreadbetting. Each to their own.

[500 Miles]

Adam B said:

Well today got even better

After cashing out from BEEM I was waiting for the inevitable fall back in the pm to get back in

Then thought I would watch a few on the same theme:
NIO
XPEV
BLNK
LI

ended up putting buy limits on all 5, and preying they wouldn’t all be triggered at once and I would have to manoeuvre out of some, but didn’t know which would close strongest.

Sold NVID which was annoying me by not doing much, but had been holding for decent divs on 6th Dec but then thought I could make twice that in a day on another stock.

Got NIO at 54.9 and XPEV at 67, and made a further 10% on XPEV and bit on NIO. Bloody hell BLNK though!

Q1 - Will these things ever slow down?

Q2 - why didn’t I sell EMH EUA and that daft bint and chuck it all on BLNK a fortnight ago

Edited by Adam B on Monday 23 November 22:26

Nice one Adam - Nio is certainly the stock that just keeps giving just now.. bound to be a correction shortly and I should sell out.... probably won’t though..

Definitely a gamble

[500 Miles]

petemurphy said:

500 Miles said:

I’m still in - thanks for whoever’s tip that was - up just under 85%, was substantially higher a month ago

i'm claiming that one! i got out at about 85% up but as you say was up about 180% so it was gutting. it should shoot up when it goes on the nasdaq but not sure on the timescales think it will be well into the new year

Thank you sir! I owe you a beer or two!

[500 Miles]

petemurphy said:

ferrisbueller said:

Leaked slide from the upcoming webinars suggesting some big revenues from the cruise lines.

thats deepverge not dddd not sure 500 will be so impressed with deepverge!

I was massively impressed with DeepVerge... stock up well over 100%... then they started talking...

Still up 10% which obviously means massively down from the highs...

[500 Miles]

ALawson said:

petemurphy said:

ive got all 3. lucky me.

Someone at work bought into our friendly newsagents back in May of the back of this thread and then immediately was looking at a loss. He hasn't checked the SP until this week and its now +34% or so. I have a big red hole in the middle of my PF due to the two above (mainly due to holding for Accustem shares) which in theory if £1p each will balance things up even at the existing SP of TILs and SNG.

As 500M said earlier this week, SNG should return and exceed the 52wk high if the P3 trial for COPD comes good next year. Just annoying as I could take the money and out use it on some of the other stuff that seems to be going up up up!

Don't think that was me, unless my alter ego is a lot more intelligent than I am..

[500 Miles]

I Love Cake said:

Has anyone actually made money from their Pharma shares?

SNG dived.
SKIN dived. (Sickening morning that was, disaster!)
DDDD dived.
RMS dived.

Then looking at the save the world Pharma vaccine companies, their shares haven't exactly gone to the moon and beyond. Hmmmm.

Down 63% on SNG - Biggest loser, trying to decide whether to increase holding to average down.. would obviously need a lot of averaging...
up 14% on DeepVerge.. trying to forget what it was up... Hope the 1st isn't another disaster
DDDD up 76%
RMS - Managed to avoid, almost bought at peak.

[500 Miles]

I’ve topped up Amigo on the top this morning, couldn’t resist another run at the ginger ex..

[500 Miles]

EarlOfHazard said:

ive topped up on Amigo - expect them to go in to admin now

Don’t say that!

Topped up Syme and Alpha Group as well this morning, must be in a gambling mood..

[500 Miles]

MikeStroud said:

500 Miles said:

Topped up Syme and Alpha Group as well this morning, must be in a gambling mood..

I didn't realise you were in SYME, that gives me a bit of confidence! I have 2,000,000 SYME shares and keep topping up (actually averaging down as it is in free fall and I am nearly 35% down right now). But it's a real gamble and my most exciting share.

Anyone else dare to admit they have made the embarrassingly bad decision to "invest" (throw away?) money in SYME? Any views on it?

FOMO got the better of me, had a few and then got blinded by the potential riches and ugly some more.

I’ve already started researching yachts and helicopters.