What’s your big gamble? (Volume 3)
Discussion
g4ry13 said:
Market was looking good and then Biden came along and fked us with his tax increases.
Yeah I have been using today to average down on Sunpower a little at a time. Still too high at $34 but down from $39 with day trading it and cash back out of it. Annoyed that I held maxeon all the was down to $18 the dillution price and moved the money out thinking it will float around there while i use the funds for other stuff then it went up 12% by mid day.
What do we think the Biden tax rise will do to shares. Everything down or a flight from tech?
vulture1 said:
What do we think the Biden tax rise will do to shares. Everything down or a flight from tech?
I'm of the understanding that the CGT increase is for the very wealthy so it's not going to affect the average investor and incentivise them to pull their money out of stocks. It's not a tax on companies either, although tech does seem to suffer most from volatility. The very wealthy will most likely find some loophole and arrange their taxes in a more efficient way. Let's face it, what else are they going to dump their money into? Leaving it in a bank is just burning the money.
I thought the digital assets may have seen an increase this afternoon but it seemed to replicate the stock move. In summation: I am of the belief this afternoon was a knee jerk reaction (3 hours after initially reported in NY post) and we will go back up (or at least that's what my Nasdaq bet relies on )
cheeky_chops said:
Insurancejon said:
Sng - currently 25% down and it’s painfully dragging along....is it a ditch and find something else or ride it out....what’s everyone else doing with it?
had a fair few topups in my ISA and SIPP at £1 and £1.50 (majority ££ in the latter unfortunately) - they are in my "bust or boom" pile with SYME, MSYS and EUA g4ry13 said:
fk....well i'm 2 for 2 in getting involved with stty IPOs.
Just park them in the LTH folder. I can see it going up but as Cathie Wood said, it’s going to be “extremely volatile”.I’m trying to fathom out CCIV, I thought the merger was done but apparently not (yet) so trying to get opinions on if it’ll rise once it’s confirmed. Quite a bit of negatively about that stock though, read today it needs to be $15. Obviously be careful what you read and all that etc etc..
Insurancejon said:
Sng stuff
stolen from LSE....Home Trial
26 May 2020 Initiated
18 June 2020 National Expansion
20 Jan 2021 Recruitment Completed
Recruitment Completed to now = 3 months
Phase 3 SGO18 Trial - fast track!!!
13 Jan 2021 First Dosing
First Dosing to now = 3 months
25 Jan 2021 Inclusion in US ACTIV 2 Trial - fast track!!!
15 Feb 2021 Dosing Commenced
Dosing Commenced to now = 3 months
Anyone use ii to trade? Sent me an email yesterday about trading US stocks being free for results week, next week. So, £7.99 saving per trade. It's my platform of choice and has never let me down but appreciate it's not the cheapest, especially if regularly trade small volumes. Have a code for anyone who wants to sign up - probably gives us both something but can't remember what!
dom9 said:
Anyone use ii to trade? Sent me an email yesterday about trading US stocks being free for results week, next week. So, £7.99 saving per trade. It's my platform of choice and has never let me down but appreciate it's not the cheapest, especially if regularly trade small volumes. Have a code for anyone who wants to sign up - probably gives us both something but can't remember what!
Is it not worth changing to the 3.99 (iirc) per trade offering for you ?Chris Type R said:
Is it not worth changing to the 3.99 (iirc) per trade offering for you ?
I think I've left that one in my inbox to read and consider... work has been mental the last couple of weeks, hence low activity etc here.The reality is, I am not 'trading' much at all. In and out a couple of times in AMGO and added to my THX this year but I hadn't done anything much 2nd half of 2020, so had a load of free credit. Think I may have only paid £7.99 once this year.
I just can't risk a volatile position and get stuck in back-to-back meetings... but maybe life will be simpler soon and £3.99 may be better!
fiatpower said:
Aiminghigh123 said:
SYME RNS was a nothing new. Drop coming?
If it gets to 0.32 I plan another top up!!
I can see a big drop as it’s incompetence after incompetence with them at the moment. Doesn’t instill confidence If it gets to 0.32 I plan another top up!!
dom9 said:
Anyone use ii to trade? Sent me an email yesterday about trading US stocks being free for results week, next week. So, £7.99 saving per trade. It's my platform of choice and has never let me down but appreciate it's not the cheapest, especially if regularly trade small volumes. Have a code for anyone who wants to sign up - probably gives us both something but can't remember what!
I'm with Equiniti at the moment and they are moving their platform to ii. Would be interested in the answer....Gassing Station | Finance | Top of Page | What's New | My Stuff