What’s your big gamble? (Volume 2)
Discussion
g4ry13 said:
I Love Cake said:
Anyone else in BEEM? Their stock dived yesterday and I can't find out why.
I am. i haven't seen any fundamental reason for the drop. The thought crossed my mind to buy some more actually (or Blink). I offloaded some last week at $68 & $72 so buying back at $50 would have been a nice discount.
All the Chinese EV cars shot up, the EV chargers fell, sometimes the reverse happens, no rhyme or reason as far as I can tell
Adam B said:
g4ry13 said:
I Love Cake said:
Anyone else in BEEM? Their stock dived yesterday and I can't find out why.
I am. i haven't seen any fundamental reason for the drop. The thought crossed my mind to buy some more actually (or Blink). I offloaded some last week at $68 & $72 so buying back at $50 would have been a nice discount.
All the Chinese EV cars shot up, the EV chargers fell, sometimes the reverse happens, no rhyme or reason as far as I can tell
Not sure in respect of the EV charging companies other than a Motley Fool article I saw which has no real impact.
SpunkyGlory said:
I've had a buy order for EQT since Friday but it's still not gone through. Understand why but it doesn't make it less frustrating.
Ha same here i don't normally do aim stocks or trading 212, anyway I forgot about the order and it dealt yesterday @3p, not the intraday high but close. Luckily about 3% of pf just fomo and exposure to the sector so happy to hold.Must remember liquid stocks only 212 as they do what and when they want otherwise.
Costain great update, order book full of years of work, profits inline with expectation and larger cash position of circa 100m on a 150m valuation. One to continue to hold for 50%+ rerate and trade 50p/60p range
In other news -lockdown v3 saw my donnington park trackwday cancelled this month and maybe brands next month too grr
alistair1234 said:
Anyone still in Bidstack? Up 18% at one point today, now 13%. Had a good few days.
Results due out in the next couple of weeks and already said they will exceed expectations.
Look good. Their prelim results last year had 49 members of staff dec 2019, linkedin shows 85 currently (plus the others who dont do LinkedIn...)Results due out in the next couple of weeks and already said they will exceed expectations.
Some good info here C/P from LSE https://twitter.com/hareng_rouge/status/1346422413...
A couple of general questions:
a) When you have a P/F of say 4, 6 or maybe 8 companies and the P/F rises by say 14% in a day, would you cash it all in, take profits and start again or hold? (Me yesterday, now about 2% down on 31/12/20)
b) If you hold some shares which you feel are a LTH but you see them dropping steadily, at what percentage drop would you cut your losses and hope to re-enter at a later date.
Now I know both questions are rather general and the responses to both could be "depends" and it's really "time in the market rather than timing the market" that counts but just looking for folks' thoughts. I've held onto in the past expecting a rebound only to watch it fall further and further but also sold stuff only to see it rise again two days later.
a) When you have a P/F of say 4, 6 or maybe 8 companies and the P/F rises by say 14% in a day, would you cash it all in, take profits and start again or hold? (Me yesterday, now about 2% down on 31/12/20)
b) If you hold some shares which you feel are a LTH but you see them dropping steadily, at what percentage drop would you cut your losses and hope to re-enter at a later date.
Now I know both questions are rather general and the responses to both could be "depends" and it's really "time in the market rather than timing the market" that counts but just looking for folks' thoughts. I've held onto in the past expecting a rebound only to watch it fall further and further but also sold stuff only to see it rise again two days later.
Skyedriver said:
A couple of general questions:
a) When you have a P/F of say 4, 6 or maybe 8 companies and the P/F rises by say 14% in a day, would you cash it all in, take profits and start again or hold? (Me yesterday, now about 2% down on 31/12/20)
b) If you hold some shares which you feel are a LTH but you see them dropping steadily, at what percentage drop would you cut your losses and hope to re-enter at a later date.
Now I know both questions are rather general and the responses to both could be "depends" and it's really "time in the market rather than timing the market" that counts but just looking for folks' thoughts. I've held onto in the past expecting a rebound only to watch it fall further and further but also sold stuff only to see it rise again two days later.
Depends ....a) When you have a P/F of say 4, 6 or maybe 8 companies and the P/F rises by say 14% in a day, would you cash it all in, take profits and start again or hold? (Me yesterday, now about 2% down on 31/12/20)
b) If you hold some shares which you feel are a LTH but you see them dropping steadily, at what percentage drop would you cut your losses and hope to re-enter at a later date.
Now I know both questions are rather general and the responses to both could be "depends" and it's really "time in the market rather than timing the market" that counts but just looking for folks' thoughts. I've held onto in the past expecting a rebound only to watch it fall further and further but also sold stuff only to see it rise again two days later.
Set a target in mind, and monitor.
EQT dropped some today, I wasn't going to cash out yesterday, and not today, so whilst they have fallen in value (compared to yesterday) I am not bothered in he slightest as I wasn't going to turn shares into cash yesterday.
If LTH start turning sour why sell? If you bought them with a LT view, then a fall gives you the opportunity to buy more shares for the same cash outlay. Unless there is a fundamental change in the outlook / view, then cut losses and move on.
There is also the Bid/Offer spread, stamp duty and commission to consider, so it is not worthwhile chopping and changing for a minial percentage change.
I looked back at a few shares I bought and sold in 2020, overall, I would be consdierably better off if I hadn't sold out (Fevertree, Dignity, Melrose, Greatland Gold) as they are all higher - but I had a target in mind, and took it. Or with Greatland, it was taking forever and I was in profit, but it had fallen back, so I took the increase as it was. Had I stayed in as per original thought, I would be much better off...
So, I think 'depends' is the correct answer, but there are some other considerations that have ot be placed on any transaction.
I so hate myself for selling Dignity when I did .....
Skyedriver said:
A couple of general questions:
a) When you have a P/F of say 4, 6 or maybe 8 companies and the P/F rises by say 14% in a day, would you cash it all in, take profits and start again or hold? (Me yesterday, now about 2% down on 31/12/20)
b) If you hold some shares which you feel are a LTH but you see them dropping steadily, at what percentage drop would you cut your losses and hope to re-enter at a later date.
Now I know both questions are rather general and the responses to both could be "depends" and it's really "time in the market rather than timing the market" that counts but just looking for folks' thoughts. I've held onto in the past expecting a rebound only to watch it fall further and further but also sold stuff only to see it rise again two days later.
I thought when we started this gamble thread it was all about going balls-deep on a couple of AIM or lesser-known shares and trying to maximise profits in an otherwise falling market.a) When you have a P/F of say 4, 6 or maybe 8 companies and the P/F rises by say 14% in a day, would you cash it all in, take profits and start again or hold? (Me yesterday, now about 2% down on 31/12/20)
b) If you hold some shares which you feel are a LTH but you see them dropping steadily, at what percentage drop would you cut your losses and hope to re-enter at a later date.
Now I know both questions are rather general and the responses to both could be "depends" and it's really "time in the market rather than timing the market" that counts but just looking for folks' thoughts. I've held onto in the past expecting a rebound only to watch it fall further and further but also sold stuff only to see it rise again two days later.
The way I'm doing it is going big on some really cheap shares that I think have legs, and I've set a target sell price in my head. I haven't grouped them together as a portfolio, I treat them as individuals, but they all have a price target.
I've sold a couple that just didn't perform how I expected, most of those were short-term gambles on things like ODX, SNG and a few others and like many on here the day I sold is the day they shot back up again. The moral for me is just to do a bit of research, understand the gamble a bit more, and set a target, and don't get spooked when they drop. There's too much FOMO involved here....
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