What’s your big gamble? (Volume 3)
Discussion
g4ry13 said:
I'm waiting for some more money to land in T212 but I threw my remaining money in the account at XPEV on the open.
Already down $1/share on the purchase. I think that i'm going to sit on my hands until the Nasdaq looks like it's a bit sorted out before topping up on the green stocks.
Edit: Also just bought some more BLNK
I feel your pain. I havn't added to mine. I'm waiting on a pile of dividends coming in this month which will give some free cash. However Europe looks like it is about to kick off with higher covid cases.Already down $1/share on the purchase. I think that i'm going to sit on my hands until the Nasdaq looks like it's a bit sorted out before topping up on the green stocks.
Edit: Also just bought some more BLNK
Edited by g4ry13 on Thursday 4th March 15:43
Italy just blocked an export of astrazeneca vaccine that is to go to Australia!
MikeStroud said:
I think this is an example why some of the green companies are losing their value right now. GEVO have $1.4Bn mcap but in 2018 only $24M revenue and that was with a $28M loss.
I know nothing about GEVO but there doesn't seem much of a "moat" around what they do and the fundamentals don't seem to me at least to support the mcap.
The shape of their share price graph looks just like that of so many other green companies (inlcuding the EQT c**p I have which is 30% down) i.e. low last October, big peak January an dnow tailing off to some level yet to be established. Now I am in no position to talk having bought EQT at the top but I think I've learnt to buy not whilst the sp is still going down but when it starts going back up again as then you know it has bottomed.
Sorry Luke, not having a go, just trying to reinforce some different behaviours in my own head really by thinking out loud (mainly don't buy on the peak or on the way down but instead buy on the way back up). Good luck.
Don't worry Mike. I like your stream of consciousness... This intrigued me about GEVO and now 50% off in the great US Stock Sale. Must end Friday. Hopefully.I know nothing about GEVO but there doesn't seem much of a "moat" around what they do and the fundamentals don't seem to me at least to support the mcap.
The shape of their share price graph looks just like that of so many other green companies (inlcuding the EQT c**p I have which is 30% down) i.e. low last October, big peak January an dnow tailing off to some level yet to be established. Now I am in no position to talk having bought EQT at the top but I think I've learnt to buy not whilst the sp is still going down but when it starts going back up again as then you know it has bottomed.
Sorry Luke, not having a go, just trying to reinforce some different behaviours in my own head really by thinking out loud (mainly don't buy on the peak or on the way down but instead buy on the way back up). Good luck.
''On Feb. 22, Gevo announced an agreement with Scandinavian Airlines System (OTCMKTS:SASDF). The deal ups SAS’ previous 2019 deal with the company. SAS will now purchase an annual minimum of 5 million gallons of sustainable aviation fuel from Gevo starting in 2024.
Gevo plans to provide the fuel from its Net-Zero 2 Project with the estimated lifetime value of the SAS deal at more than $100 million.''
Chris Type R said:
RPS +6% today to close above a pound.
I tipped RPS last summer and bought in to them. I sold at a loss when they started plummeting because I followed what the experts say: "cut your losses". But if I'd held with this and virtually all other holdings I had last year I'd have easily doubled my money. Instead I now follow the mantra: "ignore the day to day movements, if you believe in the fundamentals and those don't change then the sp will come to you".It's quite depressing looking at where all my holdings from last summer would be now. You live and learn!
I learnt another hard lesson with MANO today. I tipped them 4 weeks ago when they were 200p with a view to them getting back to 300p fairly quickly which they did more or less last week. Of course I ignored my price target and thought I'd "let my profit run" as the experts say so naturally in the last few days have gone from 50% up to 25% up. I must stick to my price targets :-(
So many lessons to learn!
MikeStroud said:
Chris Type R said:
RPS +6% today to close above a pound.
I tipped RPS last summer and bought in to them. I sold at a loss when they started plummeting because I followed what the experts say: "cut your losses". But if I'd held with this and virtually all other holdings I had last year I'd have easily doubled my money. Instead I now follow the mantra: "ignore the day to day movements, if you believe in the fundamentals and those don't change then the sp will come to you".It's quite depressing looking at where all my holdings from last summer would be now. You live and learn!
I learnt another hard lesson with MANO today. I tipped them 4 weeks ago when they were 200p with a view to them getting back to 300p fairly quickly which they did more or less last week. Of course I ignored my price target and thought I'd "let my profit run" as the experts say so naturally in the last few days have gone from 50% up to 25% up. I must stick to my price targets :-(
So many lessons to learn!
MikeStroud said:
I tipped RPS last summer and bought in to them. I sold at a loss when they started plummeting because I followed what the experts say: "cut your losses". But if I'd held with this and virtually all other holdings I had last year I'd have easily doubled my money. Instead I now follow the mantra: "ignore the day to day movements, if you believe in the fundamentals and those don't change then the sp will come to you".
It's quite depressing looking at where all my holdings from last summer would be now. You live and learn!
I learnt another hard lesson with MANO today. I tipped them 4 weeks ago when they were 200p with a view to them getting back to 300p fairly quickly which they did more or less last week. Of course I ignored my price target and thought I'd "let my profit run" as the experts say so naturally in the last few days have gone from 50% up to 25% up. I must stick to my price targets :-(
So many lessons to learn!
thoughtful stuff esp as im quite new to this. Seems you need to be a technical trader, or go with the fundamentals/LTH/gambles. Trying to do a bit of one or the other lead me to sell ARB (BCH went to 28k) and AMGO at a loss! Would of been sitting on a tidy figure right nowIt's quite depressing looking at where all my holdings from last summer would be now. You live and learn!
I learnt another hard lesson with MANO today. I tipped them 4 weeks ago when they were 200p with a view to them getting back to 300p fairly quickly which they did more or less last week. Of course I ignored my price target and thought I'd "let my profit run" as the experts say so naturally in the last few days have gone from 50% up to 25% up. I must stick to my price targets :-(
So many lessons to learn!
Clear Leisure did good today with a rise of 32% on the day 
My investment into Churchill Capital wasnt the best one though! Im down 25% on them since I bought....god Im crap at spotting the dips! Or more to the point Im very good at finding the dips...they are just after I have bought :/
My investment into Churchill Capital wasnt the best one though! Im down 25% on them since I bought....god Im crap at spotting the dips! Or more to the point Im very good at finding the dips...they are just after I have bought :/
skircoatshed said:
MikeStroud said:
Chris Type R said:
RPS +6% today to close above a pound.
I tipped RPS last summer and bought in to them. I sold at a loss when they started plummeting because I followed what the experts say: "cut your losses". But if I'd held with this and virtually all other holdings I had last year I'd have easily doubled my money. Instead I now follow the mantra: "ignore the day to day movements, if you believe in the fundamentals and those don't change then the sp will come to you".It's quite depressing looking at where all my holdings from last summer would be now. You live and learn!
I learnt another hard lesson with MANO today. I tipped them 4 weeks ago when they were 200p with a view to them getting back to 300p fairly quickly which they did more or less last week. Of course I ignored my price target and thought I'd "let my profit run" as the experts say so naturally in the last few days have gone from 50% up to 25% up. I must stick to my price targets :-(
So many lessons to learn!
(My JISA has another small holding at 77% gain.)
And thanks for the tip MikeStroud or Aftershox - not sure who I copied in this instance.
Edited by Chris Type R on Thursday 4th March 18:59
I checked this morning and saw AMGO taking a nose dive so assumed the worst. Somehow PF finished very slightly up!!!
I still haven’t sold AMGO but fairly happy where it is. Hhmmmm
I wonder if it will rally tomorrow? Either people holding for a jump over the weekend or Friday sell off?
Only 35% up on it now. IAG 27% up. BP 46% but staying in for dividends.
Deepverge my worst at present lovely 46% down yay. At least it was a small amount.
I still haven’t sold AMGO but fairly happy where it is. Hhmmmm
I wonder if it will rally tomorrow? Either people holding for a jump over the weekend or Friday sell off?
Only 35% up on it now. IAG 27% up. BP 46% but staying in for dividends.
Deepverge my worst at present lovely 46% down yay. At least it was a small amount.
cheeky_chops said:
thoughtful stuff esp as im quite new to this. Seems you need to be a technical trader, or go with the fundamentals/LTH/gambles. Trying to do a bit of one or the other lead me to sell ARB (BCH went to 28k) and AMGO at a loss! Would of been sitting on a tidy figure right now
I think you've put your finger on it. In my pf I have some stocks chosen for good fundamentals as lth, a few for trading and a few gambles. Each requires a different approach and strategy. I'm confusing them and taking an inconsistent approach. I'm aiming to segregate them in different accounts to make it easier for me to manage them differently and have a clear strategy for each. Right now its just confused which is affecting the gains I could be making. I'm not going to get involved in the loss porn. Nasdaq biggest pump & dump recently?
Tech shot up in a straight line since March '20 to put these tech stocks on some crazy valuations and then sheds 10% in 2 weeks. Maybe a small move in the grand scheme of things but seems like i'm in high beta stocks + leverage doesn't help.
Tech shot up in a straight line since March '20 to put these tech stocks on some crazy valuations and then sheds 10% in 2 weeks. Maybe a small move in the grand scheme of things but seems like i'm in high beta stocks + leverage doesn't help.
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