What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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Phooey

12,600 posts

169 months

Wednesday 3rd March 2021
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Most of the overpriced US tech stocks really get a shake this past week or so.

Peloton now -35% against yr/high (13th Jan). Tempting... I think Peloton is a great company with more upside than downside. IMO.

Adam.

27,247 posts

254 months

Wednesday 3rd March 2021
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Luke. said:
Poisson96 said:
What's the crack with ABML? Any sign they're onto something or just a swing that they might go up again?
https://medium.com/@alexandervigilante/why-a-failed-mining-company-with-a-renewed-focus-will-position-america-as-a-global-leader-in-109170d5c91
Wish someone would tell the bloody markets - painful

anonymous-user

54 months

Wednesday 3rd March 2021
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Adam. said:
Do I give up on EQT and US stocks on Chuck it all on boring recovery stocks? Or grit my teeth and lose £2k per day until it turns around
If you believe in the companies, what they're doing and their fundamentals then hold.

I'm largely out of US stuff as I didn't like the complication of the exchange rate which is working against you at present (and for several months past) so you have to hope the company grows at least at a rate that exceeds teh exchange rate movement. If you believe the fundamentals then I'd play the long game as the exchange rate can't go up for ever.

vulture1

12,220 posts

179 months

Wednesday 3rd March 2021
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Aiminghigh123 said:
Somehow ended 0.08% up at the end of the day. Probably thanks to my 5000 odd IAG shares.

AMGO decided to go full on meltdown. Still up but effectively £2k down on profits.
Profit isn't profit until you take it but a loss feels like a loss taken or not...

I took some Amigo profits yesterday and some today on the morning bounce from initial drop. Still have 1500 as fomo if it rockets. It would have to go to 5p now for me to lose out overall but im sure plenty of people would be back in before that point anyway.

Watching my Maxeon and Lac get closer and closer to buy in is not nice either. No real sign of it leveling off either but these can rocket 15-20% in a day and I bought them for long term. The lesson learned there needs to be if a stock does 100% rise in a matter of weeks it is not going to do a Tesla and keep going


Adam.

27,247 posts

254 months

Wednesday 3rd March 2021
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vulture1 said:
Watching my Maxeon and Lac get closer and closer to buy in is not nice either. No real sign of it leveling off either but these can rocket 15-20% in a day and I bought them for long term.
Yes - this and Mike’s comments are what I need to keep telling myself

ferrisbueller

29,327 posts

227 months

Wednesday 3rd March 2021
quotequote all
Adam. said:
MikeStroud said:
Completely flat day... a massive 0.1% up
Lucky you, another crap day by the look of it, down 10% from peak two weeks ago.

Do I give up on EQT and US stocks on Chuck it all on boring recovery stocks? Or grit my teeth and lose £2k per day until it turns around

Edited by Adam. on Wednesday 3rd March 18:55
Can you work any tactical losses into your CGT calcs to ease some of the pain?

NordicCrankShaft

1,723 posts

115 months

Wednesday 3rd March 2021
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Hcmc 21% up in the last hour and a bit after being on the brink.
Looks like there's some huge volume buys that have accelerated the SP price up.

vulture1

12,220 posts

179 months

Wednesday 3rd March 2021
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Was in Persimmon a while ago and bought a couple more on Friday just at close as i assumed they would benefit from the budget.
They have also ammounced the return of their dividend 8% i think so that will be nice.

What other companies are there that should have decent dividends but they havn't returned yet?

ferrisbueller

29,327 posts

227 months

Wednesday 3rd March 2021
quotequote all
vulture1 said:
Was in Persimmon a while ago and bought a couple more on Friday just at close as i assumed they would benefit from the budget.
They have also ammounced the return of their dividend 8% i think so that will be nice.

What other companies are there that should have decent dividends but they havn't returned yet?
I use this site for reference

https://www.dividenddata.co.uk/dividendyield.py?ma...


g4ry13

16,984 posts

255 months

Wednesday 3rd March 2021
quotequote all
Phooey said:
Most of the overpriced US tech stocks really get a shake this past week or so.

Peloton now -35% against yr/high (13th Jan). Tempting... I think Peloton is a great company with more upside than downside. IMO.
The vaccine and easing of lockdown works against their business model. On the plus side, a lot of people have already acquired the bikes and locked into the monthly subscription.

I'm not sure if there will be enough growth in future.

JontyR

1,915 posts

167 months

Wednesday 3rd March 2021
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fosunfan said:
skircoatshed said:
JontyR said:
What has happened to HCMC??

I was sitting happy with a rather healthy profit and now Im down almost 50% Is it worth averaging down or just leave them to go to dogs?

Quite happy though as Ocugen have gone a little nuts today smile
It’s screwed, I watched my holding go up 500% and now I’m down 15%. Massive dilution, lack of interest and the next court hearing is later this month I think. 212 have also made it more difficult to trade by setting limits......which is nice of them.

Fortunately I was gambling with beer money.

Personally I wouldn’t put another penny in.
I don't think I'll add any more just yet either ... but nor am I going to dispose of them.

The court case could easily stumble on quite a while - that's perfectly normal. The dilution wasn't helpful but the underlying business seems sound enough, so there may be legs in it yet.
Well that would have doubled the money! lol


jammy-git

29,778 posts

212 months

Wednesday 3rd March 2021
quotequote all
g4ry13 said:
Phooey said:
Most of the overpriced US tech stocks really get a shake this past week or so.

Peloton now -35% against yr/high (13th Jan). Tempting... I think Peloton is a great company with more upside than downside. IMO.
The vaccine and easing of lockdown works against their business model. On the plus side, a lot of people have already acquired the bikes and locked into the monthly subscription.

I'm not sure if there will be enough growth in future.
I think there is still scope for growth, but they really need to capitalise on their position and growth right now. They could turn into the Netflix of the gym/exercise world - home collective gym.

vulture1

12,220 posts

179 months

Wednesday 3rd March 2021
quotequote all
ferrisbueller said:
vulture1 said:
Was in Persimmon a while ago and bought a couple more on Friday just at close as i assumed they would benefit from the budget.
They have also ammounced the return of their dividend 8% i think so that will be nice.

What other companies are there that should have decent dividends but they havn't returned yet?
I use this site for reference

https://www.dividenddata.co.uk/dividendyield.py?ma...
Thank you. I have come across that before. I have alot of the current dividend paying stocks. Lon RIO, Legal and general, DGOC and now Persimmon

SpunkyGlory

2,322 posts

165 months

Wednesday 3rd March 2021
quotequote all
Wel, my gamble pot is now down 35%. Too many US stocks. Not enjoying the ride at the moment.

anonymous-user

54 months

Wednesday 3rd March 2021
quotequote all
ferrisbueller said:
vulture1 said:
Was in Persimmon a while ago and bought a couple more on Friday just at close as i assumed they would benefit from the budget.
They have also ammounced the return of their dividend 8% i think so that will be nice.

What other companies are there that should have decent dividends but they havn't returned yet?
I use this site for reference

https://www.dividenddata.co.uk/dividendyield.py?ma...
I'm sure you know but you have to be very careful with the yield figure given in that site. If the sp has crashed then it can show a huge yield which isn't reality. You can use it as a guide but then check the historical divvy paid for the last 5 years on the LSE site (not lse BB site!).

ferrisbueller

29,327 posts

227 months

Wednesday 3rd March 2021
quotequote all
MikeStroud said:
ferrisbueller said:
vulture1 said:
Was in Persimmon a while ago and bought a couple more on Friday just at close as i assumed they would benefit from the budget.
They have also ammounced the return of their dividend 8% i think so that will be nice.

What other companies are there that should have decent dividends but they havn't returned yet?
I use this site for reference

https://www.dividenddata.co.uk/dividendyield.py?ma...
I'm sure you know but you have to be very careful with the yield figure given in that site. If the sp has crashed then it can show a huge yield which isn't reality. You can use it as a guide but then check the historical divvy paid for the last 5 years on the LSE site (not lse BB site!).
Yes, I use it as a guide along with data pulled in from google (which is sometimes a few decimal places displaced on their site) and then checking in with the company's own data. I've not figured a way of pulling in data from lse automatically. I need to learn how to code.

fosunfan

62 posts

61 months

Wednesday 3rd March 2021
quotequote all
SpunkyGlory said:
Wel, my gamble pot is now down 35%. Too many US stocks. Not enjoying the ride at the moment.
Im not down that much but I'm not far behind you.

I'm just praying that some of my gambles limp along for long enough without giving up the ghost completely and get to the stage where I might be able to explain them away as LTHs.

skircoatshed

154 posts

82 months

Wednesday 3rd March 2021
quotequote all
JontyR said:
fosunfan said:
skircoatshed said:
JontyR said:
What has happened to HCMC??

I was sitting happy with a rather healthy profit and now Im down almost 50% Is it worth averaging down or just leave them to go to dogs?

Quite happy though as Ocugen have gone a little nuts today smile
It’s screwed, I watched my holding go up 500% and now I’m down 15%. Massive dilution, lack of interest and the next court hearing is later this month I think. 212 have also made it more difficult to trade by setting limits......which is nice of them.

Fortunately I was gambling with beer money.

Personally I wouldn’t put another penny in.
I don't think I'll add any more just yet either ... but nor am I going to dispose of them.

The court case could easily stumble on quite a while - that's perfectly normal. The dilution wasn't helpful but the underlying business seems sound enough, so there may be legs in it yet.
Well that would have doubled the money! lol

Nice surprise, I’d given up on it. Shows how much I know about this trading malarkey!!!

vulture1

12,220 posts

179 months

Wednesday 3rd March 2021
quotequote all
ferrisbueller said:
MikeStroud said:
ferrisbueller said:
vulture1 said:
Was in Persimmon a while ago and bought a couple more on Friday just at close as i assumed they would benefit from the budget.
They have also ammounced the return of their dividend 8% i think so that will be nice.

What other companies are there that should have decent dividends but they havn't returned yet?
I use this site for reference

https://www.dividenddata.co.uk/dividendyield.py?ma...
I'm sure you know but you have to be very careful with the yield figure given in that site. If the sp has crashed then it can show a huge yield which isn't reality. You can use it as a guide but then check the historical divvy paid for the last 5 years on the LSE site (not lse BB site!).
Yes, I use it as a guide along with data pulled in from google (which is sometimes a few decimal places displaced on their site) and then checking in with the company's own data. I've not figured a way of pulling in data from lse automatically. I need to learn how to code.
dividend max is usually pretty accurate.

fosunfan

62 posts

61 months

Wednesday 3rd March 2021
quotequote all
Not quite as wild a gamble as some of my recent stateside punts, I'm probably going to get into 'Renew Holdings' tomorrow.

Headquarters in Leeds, construction services have weathered covid reasonably well and sooner or later Boris will have to remember at least a few of his promises about a 'Northern Powerhouse'

They look good for a 6 to 12 month hold.
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