What’s your big gamble? (Volume 3)

[dom9]

Meant to buy back into AMGO, weds last week, got busy at work and didn't... doh! Then went away for 4 days.

Not liking the price now, to be honest.

RNSs are great on the face of it, but it's moving too much ahead of the results of the vote/2nd court case, for me. Talk of it breaking 20p this week but I see it pulling back from there, if it gets there.

Really struggled to get over 18p yesterday...

Something also doesn't sit right with me with this Bybrook and JPM buying, like there's a game afoot I can't work out. Positioning for the upside of the share price or positioning for something else?

In other news, my Thor Explorations, THX, has jumped from $0.21 to 0.295 so hopefully the long overdue re-rate is on ahead of the AIM listing. First gold pour in June and hopefully debt free in 1yr.

[Phooey]

ARB. eek.

Just bought more at 128.9.. eek

[Chris Type R]

GGP going a little mad - +5.8% rapidly.

EDIT : Back to +3%

Edited by Chris Type R on Tuesday 20th April 08:52

[Mr Overheads]

KKVL doing a return of capital equivalent to about 20% of current share price:

"KKV Secured Loan Fund Limited has announced a Return of Capital. Under the terms of the Return of Capital, Shareholders at the close of business on 20 April 2021 will receive a Capital Payment of 5.5p for each original Share held at the qualifying time.
The Return of Capital is due to be paid on or around 30 April 2021."


So presume share price will drop by 5.5p tomorrow.

[g4ry13]

I may fire off some more money into the green stocks if they tick up this afternoon.

I still fancy Smith & Wesson and can see those doing well if the mob don't get their way.

[Skyedriver]

dom9 said:

Not liking the price now, to be honest.

RNSs are great on the face of it, but it's moving too much ahead of the results of the vote/2nd court case, for me. Talk of it breaking 20p this week but I see it pulling back from there, if it gets there.

Really struggled to get over 18p yesterday...

Something also doesn't sit right with me with this Bybrook and JPM buying, like there's a game afoot I can't work out. Positioning for the upside of the share price or positioning for something else?

There's a few of us Chris Type R and myself to name but two who were waiting for the price to drop into the 12-13 range. It never did. I bought back in yesterday. Think it's got legs TBH but it's a worry.
The Bybrook & JDM buying is an odd one, talks/rumours that they are looking at a take over but that's lse talk. Not sure if that's dependent upon the vote or second court appearance. Would they prefer a yes or no vote?

[vulture1]

g4ry13 said:

I may fire off some more money into the green stocks if they tick up this afternoon.

I still fancy Smith & Wesson and can see those doing well if the mob don't get their way.

My one remaining green stock that was green is now red. (siemens energy)

[anonymous-user]

Bloodbath for me today. I think I’ve had two up days in last three weeks. Quite dire times for me despite FTSE soaring. Not too worried as confident in what I have for the long term just don’t like seeing red day after day !!!

Eua and Syme my biggest holdings and I’ve been averaging down on them for weeks but got no spare cash to keep chasing them down.

[Chris Type R]

Sea of red for me today as well - 18 of 24 are red. No spare funds to take advantage. RR looking set to dip below £1.

[fido]

Chris Type R said:

Sea of red for me today as well - 18 of 24 are red. No spare funds to take advantage. RR looking set to dip below £1.

I'm getting spanked on RR - might dip in a bit more if it goes under £1.

[Adam.]

ALawson said:

Well AMGO more loading up by JPM.

It won’t be JPM themselves, they are too busy funding the destruction of European football, they will be broking on behalf of one or a few of their clients

[CaptainSlow]

I sold my RR at 106 the other day having watched 3k profit vanish. I've got a buy order at 99.9 waiting to trigger.

[Chris Type R]

Might "find" some money to add NRR if it falls below £1.

[Mr Overheads]

SPCE down anotehr 5% yesterday and down 7.5% in premarket. Very close to $20.

Had been my biggest holding when it was up at $60 back in February.

I'm tempted to sell a third at a loss. 2 main reasons that it's falling

1) Branson sold a big chunk of his shares - apparently to support the other Virgin business's affected by pandemic.
2) Bezos Blue Origin and Elon's SpaceX are progressing much faster with no news at all coming out of Virgin's team with next flight due in May sometime.

Torn whether to hold or to average down.

EDIT: And ARK have sold some of their holdings too
https://247wallst.com/technology-3/2021/04/19/cath...

Edited by Mr Overheads on Tuesday 20th April 12:36

[petemurphy]

MikeStroud said:

Bloodbath for me today. I think I’ve had two up days in last three weeks. Quite dire times for me despite FTSE soaring. Not too worried as confident in what I have for the long term just don’t like seeing red day after day !!!

Eua and Syme my biggest holdings and I’ve been averaging down on them for weeks but got no spare cash to keep chasing them down.

Starting to get a few nerves myself could do with some gains!

[Insurancejon]

What happened to nightcap today?

[Meeten-5dulx]

Insurancejon said:

What happened to nightcap today?

It got a nosebleed.
To think that it has increased to the extent that it has (IPO was 10p I think), and has not even opened up.
It is considerably overvalued at the moment IMHO - have they served a cocktail yet?
I was looking to short it if there wasn't such a wide spread on it (and my othe spreads were costing me margin - yeah SYEM & RR, I'm looking at you!!!)

[Adam.]

Meeten-5dulx said:

It got a nosebleed.
To think that it has increased to the extent that it has (IPO was 10p I think), and has not even opened up.
It is considerably overvalued at the moment IMHO - have they served a cocktail yet?
I was looking to short it if there wasn't such a wide spread on it (and my othe spreads were costing me margin - yeah SYEM & RR, I'm looking at you!!!)

So NIGHT mc is 3x cash in the bank, and presumably more like 4x as they will be spending the IPO cash?

I like the idea, it’s basically a distressed PE punt on buying up cheap bar licences, backed by some decent mgt. But seems over priced vs SPACs which are getting hammered?

Oh and fk you EUA

[egomeister]

Adam. said:

So NIGHT mc is 3x cash in the bank, and presumably more like 4x as they will be spending the IPO cash?

I like the idea, it’s basically a distressed PE punt on buying up cheap bar licences, backed by some decent mgt. But seems over priced vs SPACs which are getting hammered?

Oh and fk you EUA

Where did you get those figures from? Last I checked Nightcap had sub £4m cash, with a couple of million of debt & payables, vs the MCAP of £40m+... unless I'm missing something?

[Adam.]

egomeister said:

Where did you get those figures from? Last I checked Nightcap had sub £4m cash, with a couple of million of debt & payables, vs the MCAP of £40m+... unless I'm missing something?

My arse it would seem! Sorry was just looking at SP vs IPO price of 10 and being lazy