What’s your big gamble? (Volume 3)
Discussion
Chris Type R said:
I'm also looking at re-entering - not sure where - prob. sub 10p to 11p. It's still very much a gamble and news could come at any time to propel it in any direction. In terms of capital to risk... maybe £2k-£3k will be my limit.
£3k-ish is what I went in with last time... Would struggle not to go a bit heavier handed this time if I am confident it's looking to go on a run.Not sure we'll ever get this mythical TR1 that the market (and I) felt might be out there.
vulture1 said:
I sold amigo as well. Overall a nice 50-60% gain. Looks like everyone is waiting for 10p or lower again
Put some into the other newsagent again. Menzies still hasn't got as near to pre covid level as alot of other recovery stocks have.
I do think 10p is the big psychological barrier now for re-entry. If the price can hold at 11p/12p then we might see people coming back in.Put some into the other newsagent again. Menzies still hasn't got as near to pre covid level as alot of other recovery stocks have.
However, this reversal has been pretty quick, as folk predicted, so I suspect money will be waiting patiently on the sidelines.
Phooey said:
I sold all mine at 17p.
End of March is a long way away of ups and downs for anyone trading this for a quick profit and I genuinely think it'll be back below 10p based on no new news. Anyone who bought in below 10p still has a decent profit on the table and the temptation to cash in will be too strong for some people to resist IMO. I'm not confident of Amigo being here in 12 months time. I'm sure i read somewhere that previous customers would benefit more from Amigo being insolvent? Not sure I understand that unless I read it wrong. The recent ii's buying in heavily has just confused things even further
17p was good - nice work! Think I didn't get a market execution until low 15s but that was 9p above buy, so can't complain.End of March is a long way away of ups and downs for anyone trading this for a quick profit and I genuinely think it'll be back below 10p based on no new news. Anyone who bought in below 10p still has a decent profit on the table and the temptation to cash in will be too strong for some people to resist IMO. I'm not confident of Amigo being here in 12 months time. I'm sure i read somewhere that previous customers would benefit more from Amigo being insolvent? Not sure I understand that unless I read it wrong. The recent ii's buying in heavily has just confused things even further
Even the resident AMGO LSE chat loon seems to have sold some, looking to buy more at a lower price... despite not liking "traders".
Happy to hang out there while I am NOT invested
As for old customers being better off if they're insolvent - I am sure that's not true. Basically, old customers may get something now by voting for the SOA, else they get nothing (if AMGO then goes bust). A bit simplistic but that's it, as I understand it, in a nutshell. I think there is still this belief amongst customers that if AMGO goes bust then people won't have to pay their loans back but I understand that also to be incorrect.
CaptainHindsight said:
Selling out a portion of AMGO at >19's the other day was genius, but bugger me ploughing a large chunk of the proceeds into EQT @ 197 was a numpty move. 1 step forward, 2 steps back, as always.
Been watching EQT today wondering if I should average down or not....1.55 to buy.
Edited by Chris Type R on Thursday 4th March 10:53
cheeky_chops said:
EQT 11% down to 1.6p - cant see any reason? Already got quite a bit in it.... Double or quits?
Can’t see any reason at all apart from general sell off of all green stocks despite them having good prospects.Is my largest holding so another painful day, now down 11% from a very healthy profit
*Badger* said:
cheeky_chops said:
EQT 11% down to 1.6p - cant see any reason? Already got quite a bit in it.... Double or quits?
I've topped up EQT at 1.6 this morning to bring my average down to 1.88p.It now makes up 10% of my initial investment amount within my portfolio.
Any other (hopeful) bargains to be had today?
cheeky_chops said:
Topped up too - and v similar to me, 12% at 1.9p
Any other (hopeful) bargains to be had today?
I'd like NIO to recover, I think they are cheap at $43, I average above that and have the same 10% there.Any other (hopeful) bargains to be had today?
ABML is on my radar although not invested, plenty of good reading about that a few pages back, that dropped 10% yesterday.
Mr Overheads said:
*Badger* said:
I'd like NIO to recover, I think they are cheap at $43, I average above that and have the same 10% there.
ABML is on my radar although not invested, plenty of good reading about that a few pages back, that dropped 10% yesterday.
Will be topping up on ABML todayABML is on my radar although not invested, plenty of good reading about that a few pages back, that dropped 10% yesterday.
Luke. said:
Prices might still be dipping today, so might be worth holding fire until you get a sense of what the f's going on with US stocks.
China plummeted over night on inflation fears, so USA will follow AND there are a lot of retail investors panic selling who've never experienced a significant dip before AND I suspect Texas and other states relaxing COVID rules completely is spooking markets of a potential 4th wave.Don't know whether to sell my little remaining profit in SPCE or just hold and buy the dip if it goes lower than my average buyin.
Don't understand the selloff in Green/Environmental/CarbonZero stocks though, all have got to be excellent long term holds.
Phooey said:
CCIV around $23 pre-market. I already own some at $30ish but tempted to "buy the dip" and grab another grands worth. What are peoples thoughts on CCIV?
Sat at around 32 myself and thinking along the same lines.The whole sector is generally crazy at the moment, no-one seems to know why.
g4ry13 said:
i'm going to wait for a bit of a bounce in US green stocks before adding. If I miss the very bottom then so be it.
Hopefully the Nasdaq can consolidate and move up from here but I guess we'll find out nearer to the open.
What are your thoughts on selling all your US stocks on open and then buying back in on the bounce?Hopefully the Nasdaq can consolidate and move up from here but I guess we'll find out nearer to the open.
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