What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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bigbaddom

505 posts

235 months

Wednesday 3rd March 2021
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I did the opposite of what I should have done and halved my amigo this morning. Just below 15p

Typical

Skyedriver

17,912 posts

283 months

Wednesday 3rd March 2021
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Chris Type R said:
Jefferson Steelflex said:
I'd like to apologise for anyone with AMGO, I bought in just before close last night so it was guaranteed the price would drop as a result. I should have forewarned you all so you could have sold up.
Hopefully profit takers / stop losses have cleared and the SP will settle before the next leg-up ( (c) LSE term). Hindsight - the smart move would have been to sell at >19p and rebuy today <15p.
Sell at 17.3 and back in at 15.3....here's hopin'
Concerned like others have said, about a slow retrace or sideways slither for the next two weeks but I'm still expecting £1 (eventually).

Skyedriver

17,912 posts

283 months

Wednesday 3rd March 2021
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Put the washing out and it's dropped 1.5p!
Going out for a run, will it be up or down when I get back?

g4ry13

17,047 posts

256 months

Wednesday 3rd March 2021
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Poisson96 said:
Cineworld going for it, 6% up today alone
So glad I sold at 84p and invested the money into Nvidia and Blink Charging rolleyes

Just 37% I left the table + more if/when it ends up at £1.50

Chris Type R

8,041 posts

250 months

Wednesday 3rd March 2021
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Skyedriver said:
Put the washing out and it's dropped 1.5p!
Going out for a run, will it be up or down when I get back?
Think of it as a marathon rather than a sprint.

anonymous-user

55 months

Wednesday 3rd March 2021
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Meeten-5dulx said:
Aiminghigh123 said:
AMGO top up?
should have done that 4 weeks ago... looks like it is oscilating around 15p
Sold half mine today to mitigate the risk of losing everything at the end of the month. Was about 70% up or so which means if I lose everything at the end of the month I just about break even. If it rises back to 19p+ I may sell the remainder on the basis it's better to take the profit now than gamble it all or nothing.

anonymous-user

55 months

Wednesday 3rd March 2021
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fosunfan said:
Investec going quite well at the moment.
I hold about 4% of that in my pf. It's a bit of a plodder, but for me it's a solid lth on the premise that people will always want Fani Titi.

Aiminghigh123

2,720 posts

70 months

Wednesday 3rd March 2021
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MikeStroud said:
Sold half mine today to mitigate the risk of losing everything at the end of the month. Was about 70% up or so which means if I lose everything at the end of the month I just about break even. If it rises back to 19p+ I may sell the remainder on the basis it's better to take the profit now than gamble it all or nothing.
I’m going with the go big or go home mentality.

This time next month I will either have tears of joy or tears of sorrow. Scotch available for both situations.

This also applies to SYME gamble.

ferrisbueller

29,344 posts

228 months

Wednesday 3rd March 2021
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g4ry13 said:
Poisson96 said:
Cineworld going for it, 6% up today alone
So glad I sold at 84p and invested the money into Nvidia and Blink Charging rolleyes

Just 37% I left the table + more if/when it ends up at £1.50
I did similar and went into BP and SunPower. If I hadn't stared at such big red numbers and been given an early exit by the short excitement I'd have held longer but it is what it is.

I've spent some time looking at the safer side of things, need to find a few gambles again now.

Luke.

11,004 posts

251 months

Wednesday 3rd March 2021
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Aiminghigh123 said:
This also applies to SYME gamble.
Any idea when SYME's going to be listed again?

Meeten-5dulx

2,592 posts

57 months

Wednesday 3rd March 2021
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Luke. said:
Aiminghigh123 said:
This also applies to SYME gamble.
Any idea when SYME's going to be listed again?
Once AZ has joined Witness Protection ....

Chilly for June

321 posts

76 months

Wednesday 3rd March 2021
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I bought into rocket mortgages September last year. I really believed in it due to the amount of people buying and selling looking to get out of the city etc.

It went down, I averaged down.

Was volatile all winter held and held. Decided when it got above my price I would get out especially when they announced great results and the market didn't take as much notice.

Sold a few weeks ago.

I felt sick yesterday but I guess you win some you loose some.

Definitely need to pay more attention to the most shorted stocks on future.

Insurancejon

4,056 posts

247 months

Wednesday 3rd March 2021
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I think Hiscox is worth a punt after todays drop.

jammy-git

29,778 posts

213 months

Wednesday 3rd March 2021
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Insurancejon said:
I think Hiscox is worth a punt after todays drop.
Anyone know the reason for the drop?

i4got

5,660 posts

79 months

Wednesday 3rd March 2021
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jammy-git said:
Insurancejon said:
I think Hiscox is worth a punt after todays drop.
Anyone know the reason for the drop?
I think they tried to get out of paying insurance claims to businesses who closed during Covid but then courts decided they had to pay out. Thats just a layman's view though so worth checking yourself.

Insurancejon

4,056 posts

247 months

Wednesday 3rd March 2021
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jammy-git said:
Anyone know the reason for the drop?
figures out and they have swung to a loss following the FCA ruling on covid business interruption claims

they should have they gone by June (i.e they excluded covid from june, so it won't affect its profitability from then)

jammy-git

29,778 posts

213 months

Wednesday 3rd March 2021
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Ah yes, I see the news now. Looks like they've released some financials too in the last few hours.

That court ruling makes me wonder whether it'll open the door to more cases/payouts?

g4ry13

17,047 posts

256 months

Wednesday 3rd March 2021
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ferrisbueller said:
g4ry13 said:
Poisson96 said:
Cineworld going for it, 6% up today alone
So glad I sold at 84p and invested the money into Nvidia and Blink Charging rolleyes

Just 37% I left the table + more if/when it ends up at £1.50
I did similar and went into BP and SunPower. If I hadn't stared at such big red numbers and been given an early exit by the short excitement I'd have held longer but it is what it is.

I've spent some time looking at the safer side of things, need to find a few gambles again now.
I did use some of my Tesco money to add more BP. Glad I did because Tesco has been a pile of st for me.

petemurphy

10,132 posts

184 months

Wednesday 3rd March 2021
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listening to budget thinking dont mention cgt dont mention cgt

any minute now..

Poisson96

2,098 posts

132 months

Wednesday 3rd March 2021
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Tesco is awful for now. Blind faith it might go up a touch. Hopefully. Maybe.

Sold 2/5 of my holding in Cineworld so it's pure profit now.
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