What’s your big gamble? (Volume 2)

What’s your big gamble? (Volume 2)

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anonymous-user

55 months

Saturday 31st October 2020
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Adam B said:
... hindsight always 20/20
Bet we are sat here in Feb saying "should have sold everything in October". You realise we (and the rest of the world) are about to endure endless lockdowns, bans on family gatherings, yet more businesses will go bust... and they are just the more positive aspects of what is coming !

Right now avoid any business that doesn't have a shed load of money in the bank or which thrives on lockdowns.

I think airlines and cinemas and hospitality will go a lot lower yet assuming they survive at all.

OK so that's a bleak outlook but then again no one expected the falls back in March or July or recently.

Other than that little diatribe of positivity have a good weekend all :-)

ferrisbueller

29,363 posts

228 months

Saturday 31st October 2020
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Bloody hell, Mike.

I need to take another look at the gun makers.

Skyedriver

17,955 posts

283 months

Saturday 31st October 2020
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Re AMGO, I, like a number of others have been in and out a few times, made some, lost some, the last time was the big vote and that lost me a bit...
Can't see it going much below where it is now and hopefully they can make progress from here.
SYME, seems to oscillate between low to mid 40s and low 50s, so watching carefully and will take any probably small profit when it comes. No LTH this one.

g4ry13

17,077 posts

256 months

Saturday 31st October 2020
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ferrisbueller said:
Bloody hell, Mike.

I need to take another look at the gun makers.
I'm loaded up on Smith & Wesson.

vulture1

12,287 posts

180 months

Saturday 31st October 2020
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g4ry13 said:
ferrisbueller said:
Bloody hell, Mike.

I need to take another look at the gun makers.
I'm loaded up on Smith & Wesson.
I'm wondering if they are already priced in or still going to jump up

g4ry13

17,077 posts

256 months

Saturday 31st October 2020
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vulture1 said:
g4ry13 said:
ferrisbueller said:
Bloody hell, Mike.

I need to take another look at the gun makers.
I'm loaded up on Smith & Wesson.
I'm wondering if they are already priced in or still going to jump up
They're certainly off the highs from George Floyd and Kenosha.

Still plenty of uncertainty out there with the election, covid and racial tensions so there is room for upside in my opinion. Although the macro market factors seem to be dragging most things down regardless.

petemurphy

10,132 posts

184 months

Saturday 31st October 2020
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Monday will be fun if he announces lockdown today!

dingg

4,003 posts

220 months

Saturday 31st October 2020
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petemurphy said:
Monday will be fun if he announces lockdown today!
Sounds like a guaranteed certainty.

Hokey cokey government got more u turns than a scalextric track.

And all it achieves is a delay in the inevitable.

vulture1

12,287 posts

180 months

Saturday 31st October 2020
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Who was it here that had a cfd short on RR. How did that go did it skip the drop in share price as it was known? I know my granite short rr share didn't react to it.

JustinF

6,795 posts

204 months

Saturday 31st October 2020
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Lockdowns, US election and then brexit, someone somewhere is going to make some serious cash, shame it won't be me biggrin

petemurphy

10,132 posts

184 months

Saturday 31st October 2020
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JustinF said:
Lockdowns, US election and then brexit, someone somewhere is going to make some serious cash, shame it won't be me biggrin
what could possibly go wrong!

Adam B

27,319 posts

255 months

Saturday 31st October 2020
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vulture1 said:
Who was it here that had a cfd short on RR. How did that go did it skip the drop in share price as it was known? I know my granite short rr share didn't react to it.
How does that work, does the short rebalance to the new equilibrium of proportional closing SP / rights issue price?

petemurphy

10,132 posts

184 months

Saturday 31st October 2020
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so what were the best bets last lock down? we have a chance to invest knowing what happened last time. am tempted to touch my "for the love of god dont touch and spunk this cash" last remaining fund

vulture1

12,287 posts

180 months

Saturday 31st October 2020
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petemurphy said:
so what were the best bets last lock down? we have a chance to invest knowing what happened last time. am tempted to touch my "for the love of god dont touch and spunk this cash" last remaining fund
Not so easy imo, as alot of it will be priced in and the good ones have risen above pre lockdown price already,

Off the top of my head Games workshop halfords pets at home etc are all way above pre lockdown as they fell with everything the first time round but then everyone sat at home painting models and ordering them online, bought bikes to go outside and bought dogs to go outside. Those ships have sailed.

Im likely to just sit on my hands and not put more money in for a while and will put more in on a US stimulus comitment. The uk and Eu ones only caused minor blip ups.

Of course if a decent vaccine or cure is found then all bets are off.
This time it is winter ( in the northern hemisphere) though so Netflix will be stronger again as well as peloton imo


JustinF

6,795 posts

204 months

Saturday 31st October 2020
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and Amazon, they are going to make a mint towards xmas, target price has been set by some at $3900-$4000

petemurphy

10,132 posts

184 months

Saturday 31st October 2020
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vulture1 said:
Not so easy imo, as alot of it will be priced in and the good ones have risen above pre lockdown price already,

Off the top of my head Games workshop halfords pets at home etc are all way above pre lockdown as they fell with everything the first time round but then everyone sat at home painting models and ordering them online, bought bikes to go outside and bought dogs to go outside. Those ships have sailed.

Im likely to just sit on my hands and not put more money in for a while and will put more in on a US stimulus comitment. The uk and Eu ones only caused minor blip ups.

Of course if a decent vaccine or cure is found then all bets are off.
This time it is winter ( in the northern hemisphere) though so Netflix will be stronger again as well as peloton imo

good point re winter and the likes of netflix

Atanasoff

466 posts

47 months

Saturday 31st October 2020
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Going to be fun Monday. No rush to dove in but have some on stand by to jump in and time to play. Not sure what on currently.

Microsoft. Amazon. Tesla. Brands I believe in I guess. May wait until after US election.

g4ry13

17,077 posts

256 months

Saturday 31st October 2020
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I'm hoping for the very slim chance we actually go up on Monday. Otherwise i'm pretty shafted.

vulture1

12,287 posts

180 months

Saturday 31st October 2020
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on a sample size of 1 but I met my sister for coffee the other day. we got talking about shares and she mentioned she had been buying cloths from boohoo. I said I had shares in them but wondered if she felt i shouldnt due to their links to slave labour/ poor working conditions.

Interestingly she hadnt heard anything about it and she is a pretty morally centred person. She is 33 as well I considered her above the age of their target customer.

Online cloths sales should do well the only issue is those young that buy them might not have their bar or restaurant job to fund them.




vulture1

12,287 posts

180 months

Saturday 31st October 2020
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JustinF said:
and Amazon, they are going to make a mint towards xmas, target price has been set by some at $3900-$4000
That depends more on the US surely.
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