What’s your big gamble? (Volume 3)

[Chris Type R]

Aiminghigh123 said:

Chris Type R said:

My plan had been to sell AMGO at 19/20... decisions decisions. Can sell 1/2 for a free carry. My gut says it has further to go short term.

Thinking the same here but the devil in me is just saying go on hold on for another month. Do it do it

Going to see what happens in terms of breaking through 20p....

[Chris Type R]

Bloxxcreative said:

Just noticed cbx is now showing on 212. Might try and get in, in the hope the masses may pile in...logic?

My view is that there will be more people banking their +100% gains. I'll buy <10p - but don't think it'll get there.

[Aiminghigh123]

Chris Type R said:

Going to see what happens in terms of breaking through 20p....

Looking at the chart it got fairly close. Dropped a bit and taking another run up

[Chris Type R]

Aiminghigh123 said:

Looking at the chart it got fairly close. Dropped a bit and taking another run up

If it breaks through resistance at 20p then 24-26p seems 'easy'. (Plucking these numbers out of the air rather than looking at charts)

[dom9]

Chris Type R said:

Aiminghigh123 said:

Chris Type R said:

My plan had been to sell AMGO at 19/20... decisions decisions. Can sell 1/2 for a free carry. My gut says it has further to go short term.

Thinking the same here but the devil in me is just saying go on hold on for another month. Do it do it

Going to see what happens in terms of breaking through 20p....

Saw it hit 19.76p earlier... 20p looks very plausible.

Could it be a takeover target? Bybrook did very well buying their CFD right before, if so

I'd arbitrarily decided last night to sell at 19.2p as that pays outright for something I bought recently... but I think I am going to watch it a bit longer.

Could well be some other TR1s out there and people seem to be buying what the day traders are selling.

[indestructible focus]

Been a while peeps, little trading for me so no real input, went to a buy and hold strategy as vaccines made it a buy and hold market imo.

Had a kind of rough time when costain, card, saga were flat lining over past few months.

Anyone buy card at 30p few weeks back? Closing in on 70p today

Was always going to happen on the re-opening trade.

I'm no longer part of the 300, PF now up 400% since April.

[petemurphy]

so glad i sold out of capita few days ago then hovered over amigo but bought costain. i'm not going to look for a while



takestablets

[Chris Type R]

indestructible focus said:

I'm no longer part of the 300, PF now up 400% since April.

Just..... WOW !

[Chris Type R]

petemurphy said:

so glad i sold out of capita few days ago then hovered over amigo but bought costain. i'm not going to look for a while



takestablets

SNG is continuing to trickle up, so it's not all bad.

[indestructible focus]

Chris Type R said:

Just..... WOW !

Would have been more Chris if we didn't bump off SGC at 74p, called a top there but was temporary nearly £1 now.

[Mr Overheads]

dom9 said:

Saw it hit 19.76p earlier... 20p looks very plausible.

Could it be a takeover target? Bybrook did very well buying their CFD right before, if so

I'd arbitrarily decided last night to sell at 19.2p as that pays outright for something I bought recently... but I think I am going to watch it a bit longer.

Could well be some other TR1s out there and people seem to be buying what the day traders are selling.

Tried multiple times yesterday to buy AMGO at around 13.5p but HL wouldn't process the order.

[TryingHard]

First time posting here but also in on AMGO. Not as early as some but jumped in on the 25th at 11.63p then topped up yesterday at 14.32p.

1k invested (small beans I appreciate to many) but currently 44% up and now not sure what to do!

Edited by TryingHard on Tuesday 2nd March 09:02

[indestructible focus]

TryingHard said:

First time posting here but also in on AMGO. Not as early as some but jumped in on the 25th at 11.63p then topped up yesterday at 14.32p.

1k invested (small beans I appreciate to many) but currently 44% up and now not sure what to do!

Edited by TryingHard on Tuesday 2nd March 09:02

It's a sell from me from purely a trading point, with a look to re-enter if it can sustain a close over 20p.

Not sure the graph will make much sense but your looking at a triple top, sell signal imo as this stock can fall rapidly, no from experience i was in on the 9p to 18p over summer got out in the end at 16p but was hard work. Ohh and RSI is nearly 90, extremely overbought, hey what isn't atm (look up rsi stock definition in google if new to this)

https://www.marketscreener.com/quote/stock/AMIGO-H...

I know nothing on the fundamentals though so may still be a strong buy, but you could sell your profits and keep your stake fairly common practice.

[TryingHard]

indestructible focus said:

It's a sell from me from purely a trading point, with a look to re-enter if it can sustain a close over 20p.

Not sure the graph will make much sense but your looking at a triple top, sell signal imo as this stock can fall rapidly, no from experience i was in on the 9p to 18p over summer got out in the end at 16p but was hard work. Ohh and RSI is nearly 90, extremely overbought, hey what isn't atm (look up rsi stock definition in google if new to this)

https://www.marketscreener.com/quote/stock/AMIGO-H...

I know nothing on the fundamentals though so may still be a strong buy, but you could sell your profits and keep your stake fairly common practice.

Good advice, thank you. Will cash out the profit and that will provide a nice buffer in case in plummets

[CaptainHindsight]

Exited my SIPP holding at just shy of 19.5gbx. Still got a large portion to run but waiting to see if it breaks through the 20gbx mark or meets some resistance as people reach the psychological barrier.

[morrisk1]

I only had a very small amount left in AMGO but took it out this morning. I can see it dropping quite sharply. But what do I know, I should have left it all in to ~19p!

[CaptainHindsight]

Doubled down on EQT, into the LTH bucket.

[lewisf182]

TryingHard said:

indestructible focus said:

It's a sell from me from purely a trading point, with a look to re-enter if it can sustain a close over 20p.

Not sure the graph will make much sense but your looking at a triple top, sell signal imo as this stock can fall rapidly, no from experience i was in on the 9p to 18p over summer got out in the end at 16p but was hard work. Ohh and RSI is nearly 90, extremely overbought, hey what isn't atm (look up rsi stock definition in google if new to this)

https://www.marketscreener.com/quote/stock/AMIGO-H...

I know nothing on the fundamentals though so may still be a strong buy, but you could sell your profits and keep your stake fairly common practice.

Good advice, thank you. Will cash out the profit and that will provide a nice buffer in case in plummets

Yeah the chart doesn't account for the fundamental shift. A few II's getting involved, impending court case which if successful from Amigo's viewpoint could see the share price fly from here. If it fails then who knows how low it will go, company may be wound up etc...i think taking profit and letting the rest go as a free run is safe if you can't afford to lose the money put in.
I've got £1.5k in average buy of 10p, almost topped up many times when it hit 6 but just didn't have the balls. Same old story ! least I've still got some exposure to it, and I'm staying in for the ride!!!

[l354uge]

Big sell off on AMGO. Has rattled me out with a 35% profit. Might get in again at a later point

[bazza white]

Woke up after a night shift forgetting about amigo. Nicely done this monring ill wait until it gets to 18 and leave with a a decent profit.

Newriver up 6% again today..