What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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Mr Overheads

2,442 posts

177 months

Monday 8th March 2021
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Climate stocks continue to drop, a 5% drop on both Orsted and Vestas this morning following last weeks significant drops, so added 20% of current value to my holding.

Phooey

12,608 posts

170 months

Monday 8th March 2021
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Chris Type R said:
CBX getting close to sub 10p - which I thought would be my buy point - less sure whether to dip in now.
9.03p low today. KNB just hit 17p (lowest point after IPO?.. and massively down from where it was in the forties). My conclusion is the cannabis stocks were a typical pump and dump. I'm sure they'll have another round of pumping.. but I'm staying away from them. Still need to sell my MXC which is approx 60% down rolleyes

eta - lets be honest, Cellular Goods and their products are a load crap, IMO.

petemurphy

10,132 posts

184 months

Monday 8th March 2021
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Phooey said:
9.03p low today. KNB just hit 17p (lowest point after IPO?.. and massively down from where it was in the forties). My conclusion is the cannabis stocks were a typical pump and dump. I'm sure they'll have another round of pumping.. but I'm staying away from them. Still need to sell my MXC which is approx 60% down rolleyes

eta - lets be honest, Cellular Goods and their products are a load crap, IMO.
same boat with mxc shame i didnt sell when they were 50% up - least they seem a proper business unlike cbx so will keep for now

Phooey

12,608 posts

170 months

Monday 8th March 2021
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petemurphy said:
same boat with mxc shame i didnt sell when they were 50% up - least they seem a proper business unlike cbx so will keep for now
I bought MXC right at the top biggrin. I've lost too much on them to sell now so will file them in the LTH folder grumpy

anonymous-user

55 months

Monday 8th March 2021
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Jeff1976 said:
Eqt dropped even more things are going well with my EQT and Rolls Royce sitting at a combined loss of minus £15k not a great morning. Might as well hold as no point selling either now
Yeah I bought EQT in Jan to get on the bandwagon, down nearly 50% so far! Shows to not buy due to fomo and dyor. Only keeping them as I think they will come good one day. So many shares at the mo have risen high due to PI piling in and now tanking (tech shares, green shares etc).

*Badger*

530 posts

177 months

Monday 8th March 2021
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Taken my stake out of RR this morning thinking Thursdays results may drive a dip.
Was 31% up from an average of 86p. Kept my profit in for some risk free fun. May come back in on Friday.

JustinF

6,795 posts

204 months

Monday 8th March 2021
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https://primarybid.com/ipo/deliveroo

annoyingly you have to place an order to get in on it, i live in the sticks so no go.

AceOfHearts

5,822 posts

192 months

Monday 8th March 2021
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I cant believe I sold half of my SHI shares to buy BPC just before it plummeted.

2 weeks later and SHI is climbing fast after being stagnant for months banghead

jammy-git

29,778 posts

213 months

Monday 8th March 2021
quotequote all
Phooey said:
Chris Type R said:
CBX getting close to sub 10p - which I thought would be my buy point - less sure whether to dip in now.
9.03p low today. KNB just hit 17p (lowest point after IPO?.. and massively down from where it was in the forties). My conclusion is the cannabis stocks were a typical pump and dump. I'm sure they'll have another round of pumping.. but I'm staying away from them. Still need to sell my MXC which is approx 60% down rolleyes

eta - lets be honest, Cellular Goods and their products are a load crap, IMO.
I think long term cannabis stocks are a good buy. I doubt the companies will ever hit the highs that cigarette companies hit, but the legals are only heading in one direction and more and more people are being turned on to cannabis for occasional recreational use.

Adam.

27,265 posts

255 months

Monday 8th March 2021
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MikeStroud said:
Jeff1976 said:
Eqt dropped even more things are going well with my EQT and Rolls Royce sitting at a combined loss of minus £15k not a great morning. Might as well hold as no point selling either now
Yeah I bought EQT in Jan to get on the bandwagon, down nearly 50% so far! Shows to not buy due to fomo and dyor. Only keeping them as I think they will come good one day. So many shares at the mo have risen high due to PI piling in and now tanking (tech shares, green shares etc).
Snap, painful in terms of lost profit but at least my buy in was 1.80, frustrating as it’s a good product and company I think, but good and bad being dragged down at the moment

Aiminghigh123

2,720 posts

70 months

Monday 8th March 2021
quotequote all
Yay CBX was a silly buy. Woohooo At least it was gamble money but approached 40% down. Ha ha ha

IAG looking like buying back in after selling a large chunk at 210 this morning.

bazza white

3,562 posts

129 months

Monday 8th March 2021
quotequote all
jammy-git said:
Phooey said:
Chris Type R said:
CBX getting close to sub 10p - which I thought would be my buy point - less sure whether to dip in now.
9.03p low today. KNB just hit 17p (lowest point after IPO?.. and massively down from where it was in the forties). My conclusion is the cannabis stocks were a typical pump and dump. I'm sure they'll have another round of pumping.. but I'm staying away from them. Still need to sell my MXC which is approx 60% down rolleyes

eta - lets be honest, Cellular Goods and their products are a load crap, IMO.
I think long term cannabis stocks are a good buy. I doubt the companies will ever hit the highs that cigarette companies hit, but the legals are only heading in one direction and more and more people are being turned on to cannabis for occasional recreational use.
Problem with UK cannabis companies is they don't sell cannabis. Cbd may be here to stay or may be a fad where as weed has been popular for how long? UK weed stock is quite a different prospect to US weed stocks.





All seems fairly quiet today hopefully market settling after the last few weeks.

Chris Type R

8,038 posts

250 months

Monday 8th March 2021
quotequote all
Some negative articles about BAB recently - summary here - https://www.sharecast.com/news/tips-round-up-premi...

Got rid of a few days ago (other than from JISA).

g4ry13

17,021 posts

256 months

Monday 8th March 2021
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Might add a bit more to BLNK / BEEM shortly after the open.

I've done loading up on XPEV after Friday and going to sit on that.

Witchfinder

6,250 posts

253 months

Monday 8th March 2021
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eek

g4ry13

17,021 posts

256 months

Monday 8th March 2021
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Witchfinder said:


eek
It's been one of the safer bets over the last few weeks.

Mr Overheads

2,442 posts

177 months

Monday 8th March 2021
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ABML up 10% in pre-market.

Aiminghigh123

2,720 posts

70 months

Monday 8th March 2021
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Chris Type R said:
Some negative articles about BAB recently - summary here - https://www.sharecast.com/news/tips-round-up-premi...

Got rid of a few days ago (other than from JISA).
Oh great. fk off BAB. I’m still 10% down

petemurphy

10,132 posts

184 months

Monday 8th March 2021
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The clunge is getting moist

nicklaus1988

34 posts

57 months

Monday 8th March 2021
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petemurphy said:
The clunge is getting moist
Assume it's from the positive RNS from AVCT this morning or has something else happened? Adding more?
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