What’s your big gamble? (Volume 3)
Discussion
I alluded, some pages back, that I think psychedelics are going to be huge at some point in the near future, in the treatment of anxiety, depression and associated mental health disorders.
One such company I highlighted, Small Pharma (ticker DMT) began trading on the TSXV today, so I have thrown a few thousand into my SIPP with a view to adding substantially further on any drops.
I don’t see this as an overnight win, as you’ll know biotech moves incredibly slowly at times through clinical trials and no revenue streams, but I have an inkling this area of medicine and research could offer plenty of rewards over the next 5 years or so, plus it’s something I firmly believe in as a therapy 100%, so it’s win-win for me!
One such company I highlighted, Small Pharma (ticker DMT) began trading on the TSXV today, so I have thrown a few thousand into my SIPP with a view to adding substantially further on any drops.
I don’t see this as an overnight win, as you’ll know biotech moves incredibly slowly at times through clinical trials and no revenue streams, but I have an inkling this area of medicine and research could offer plenty of rewards over the next 5 years or so, plus it’s something I firmly believe in as a therapy 100%, so it’s win-win for me!
Adam, you caught me fighting the good fight on Stocktwits...
It's a right old war ground out there. Though I've every confidence ABML will come good.
And that news about the new land purchase today was a nice surprise.
Onwards and upwards. With perhaps a bit of downwards here and there...
It's a right old war ground out there. Though I've every confidence ABML will come good.
And that news about the new land purchase today was a nice surprise.
Onwards and upwards. With perhaps a bit of downwards here and there...
I Love Cake said:
Nice little jump from EUA near end of day.
I'd love to know what causes this share to have these random end of day rises, every now and then.
LSE getting all excited about price up, some big buys, poss leak, tomorrows the day yadeya. One day someone will be right...I'd love to know what causes this share to have these random end of day rises, every now and then.
Luke. said:
Adam, you caught me fighting the good fight on Stocktwits...
It's a right old war ground out there. Though I've every confidence ABML will come good.
And that news about the new land purchase today was a nice surprise.
Onwards and upwards. With perhaps a bit of downwards here and there...
Yeah good to see you shilling on there too It's a right old war ground out there. Though I've every confidence ABML will come good.
And that news about the new land purchase today was a nice surprise.
Onwards and upwards. With perhaps a bit of downwards here and there...
With ABML I would settle for a couple of flat days
A day of extremes today
ABML, HE1 and EQT crap
ZNWD, EUA and EMTC great
Overall 0.5% up which is a big win after weeks of misery
EFH189 said:
I alluded, some pages back, that I think psychedelics are going to be huge at some point in the near future, in the treatment of anxiety, depression and associated mental health disorders.
One such company I highlighted, Small Pharma (ticker DMT) began trading on the TSXV today, so I have thrown a few thousand into my SIPP with a view to adding substantially further on any drops.
I don’t see this as an overnight win, as you’ll know biotech moves incredibly slowly at times through clinical trials and no revenue streams, but I have an inkling this area of medicine and research could offer plenty of rewards over the next 5 years or so, plus it’s something I firmly believe in as a therapy 100%, so it’s win-win for me!
That does sound very interesting for the future.One such company I highlighted, Small Pharma (ticker DMT) began trading on the TSXV today, so I have thrown a few thousand into my SIPP with a view to adding substantially further on any drops.
I don’t see this as an overnight win, as you’ll know biotech moves incredibly slowly at times through clinical trials and no revenue streams, but I have an inkling this area of medicine and research could offer plenty of rewards over the next 5 years or so, plus it’s something I firmly believe in as a therapy 100%, so it’s win-win for me!
Which platform are you using to buy DMT?
Luke. said:
HE1 having a stinker today. Down to 17p.
This ponce didn't help: https://www.fool.co.uk/investing/2021/05/06/should...But i think the delay of 2 weeks has slowed this down a bit too.
Happy that my average SP is still a lot lower than the current SP, but waiting to buy more if it gets to about 13-14p.
MikeStroud said:
Yes if I'd just held everything I bought last May I'd be 100-200% up now.
That said can you imagine holding SHI (SIG) since May last year you'd be bored to tears, day in day out sat at 30p...
I bought some SIG off the back off this thread in... (just checked) apparently it was May 2020! And up 98.98% as of just now. I'm happy with boring!That said can you imagine holding SHI (SIG) since May last year you'd be bored to tears, day in day out sat at 30p...
I also bought Cineworld at the same time and sold a while later for 20% or thereabouts. But then got fomo about a month ago and bought at the ATH, so currently sitting on a 15% loss. I wish I'd just hung onto that since May, would have been 300% or something now.
bunchofkeys said:
This ponce didn't help: https://www.fool.co.uk/investing/2021/05/06/should...
But i think the delay of 2 weeks has slowed this down a bit too.
Happy that my average SP is still a lot lower than the current SP, but waiting to buy more if it gets to about 13-14p.
The article seems pretty reasonable to me.But i think the delay of 2 weeks has slowed this down a bit too.
Happy that my average SP is still a lot lower than the current SP, but waiting to buy more if it gets to about 13-14p.
They are an exploration company, that has only seismic data and is just about to start drilling and yet the market cap is £100m? Feels like it has got way ahead of itself to me.
SHI - was lucky to get back in recently at around the 40p mark, as ever the usual problem of when to get out.
Talking of Volume 2 shares, what about a volume 1 share - N Brown. It’s been fairly static for the last three months since one of the Alliance family (the largest shareholders) bought, from memory, £3m worth of shares which is the last bit of material news we have had. On the 20th they announce their full year results, so there’s the gamble, will they be better than expected, and/or at an outside chance, is there a dividend? If either happen think we could get a reasonable rise.
Talking of Volume 2 shares, what about a volume 1 share - N Brown. It’s been fairly static for the last three months since one of the Alliance family (the largest shareholders) bought, from memory, £3m worth of shares which is the last bit of material news we have had. On the 20th they announce their full year results, so there’s the gamble, will they be better than expected, and/or at an outside chance, is there a dividend? If either happen think we could get a reasonable rise.
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