What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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Phooey

12,607 posts

170 months

Thursday 13th May 2021
quotequote all
Could this be a correction on overvalued stocks? I smugly bought Twitter last week thinking it was cheap... nope, it's even cheaper today than when I bought it last week. It feels like one of them moments where you see your all the Xmas presents you bought in December half price in January irked

g4ry13

17,014 posts

256 months

Thursday 13th May 2021
quotequote all
MikeStroud said:
Adam. said:
Further price crashes on all EV and green US stuff

BEEM for example peaked at a 650m valuation, now it’s 187

Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.

Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.

FAR is proving tiresomely expensive too
ADOM is the one that bugs me the most. I bought that late Jan when it was tipped on here and it's been a complete (electric) car crash ever since.

I have a few like this that are just sat in a lth pile hoping that one day, in 5 years time, someone buys it or they build the first fusion powered car or something and it ten bags overnight. It's not impossible for such shares to grow in value over time but need to keep an eye on results and sell if they are simply losing money and will never get anywhere.
ADOM is up almost 12% today! Where did you get in? At one point they touched about 80 cents.

I now seem to have a portfolio of some very solid long term holds rolleyes

vulture1

12,230 posts

180 months

Thursday 13th May 2021
quotequote all
MikeStroud said:
Adam. said:
Further price crashes on all EV and green US stuff

BEEM for example peaked at a 650m valuation, now it’s 187

Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.

Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.

FAR is proving tiresomely expensive too
ADOM is the one that bugs me the most. I bought that late Jan when it was tipped on here and it's been a complete (electric) car crash ever since.

I have a few like this that are just sat in a lth pile hoping that one day, in 5 years time, someone buys it or they build the first fusion powered car or something and it ten bags overnight. It's not impossible for such shares to grow in value over time but need to keep an eye on results and sell if they are simply losing money and will never get anywhere.
I suspect some of the ev/ green stuff may well be like the 2000 dot com boom crash where some of the peaks will never come back. A lesson learned from some when I was in well early and seeing 140% up etc but thinking they would all do a Tesla so never sold...

ferrisbueller

29,343 posts

228 months

Thursday 13th May 2021
quotequote all
Adam. said:
Further price crashes on all EV and green US stuff

BEEM for example peaked at a 650m valuation, now it’s 187

Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.

Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.

FAR is proving tiresomely expensive too
I want to buy in but I'm being patient.

Elsewhere, VW looking tempting again.

g4ry13

17,014 posts

256 months

Thursday 13th May 2021
quotequote all
vulture1 said:
MikeStroud said:
Adam. said:
Further price crashes on all EV and green US stuff

BEEM for example peaked at a 650m valuation, now it’s 187

Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.

Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.

FAR is proving tiresomely expensive too
ADOM is the one that bugs me the most. I bought that late Jan when it was tipped on here and it's been a complete (electric) car crash ever since.

I have a few like this that are just sat in a lth pile hoping that one day, in 5 years time, someone buys it or they build the first fusion powered car or something and it ten bags overnight. It's not impossible for such shares to grow in value over time but need to keep an eye on results and sell if they are simply losing money and will never get anywhere.
I suspect some of the ev/ green stuff may well be like the 2000 dot com boom crash where some of the peaks will never come back. A lesson learned from some when I was in well early and seeing 140% up etc but thinking they would all do a Tesla so never sold...
ye of little faith. Green stocks are sleeping giants, the eco stuff is not going away any time soon.

Although it would have been sensible of me to have taken my 350% on XPEV when it got into the $70s. I haven't given up quite yet that there will be another surge in interest in the green sector.

vulture1

12,230 posts

180 months

Thursday 13th May 2021
quotequote all
g4ry13 said:
vulture1 said:
MikeStroud said:
Adam. said:
Further price crashes on all EV and green US stuff

BEEM for example peaked at a 650m valuation, now it’s 187

Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.

Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.

FAR is proving tiresomely expensive too
ADOM is the one that bugs me the most. I bought that late Jan when it was tipped on here and it's been a complete (electric) car crash ever since.

I have a few like this that are just sat in a lth pile hoping that one day, in 5 years time, someone buys it or they build the first fusion powered car or something and it ten bags overnight. It's not impossible for such shares to grow in value over time but need to keep an eye on results and sell if they are simply losing money and will never get anywhere.
I suspect some of the ev/ green stuff may well be like the 2000 dot com boom crash where some of the peaks will never come back. A lesson learned from some when I was in well early and seeing 140% up etc but thinking they would all do a Tesla so never sold...
ye of little faith. Green stocks are sleeping giants, the eco stuff is not going away any time soon.

Although it would have been sensible of me to have taken my 350% on XPEV when it got into the $70s. I haven't given up quite yet that there will be another surge in interest in the green sector.
I still have xpeng lac and some sunpower.

Luke.

11,002 posts

251 months

Thursday 13th May 2021
quotequote all
ARB doing extraordinary things compared to MARA and RIOT.

Adam.

27,262 posts

255 months

Thursday 13th May 2021
quotequote all
g4ry13 said:
ye of little faith. Green stocks are sleeping giants, the eco stuff is not going away any time soon.

Although it would have been sensible of me to have taken my 350% on XPEV when it got into the $70s. I haven't given up quite yet that there will be another surge in interest in the green sector.
I agree but not sure if it’s my wishful thinking that it will happen soon

Luke.

11,002 posts

251 months

Thursday 13th May 2021
quotequote all
Adam. said:
I agree but not sure if it’s my wishful thinking that it will happen soon
Don't sell your ABML again.

Rocket.

1,517 posts

250 months

Thursday 13th May 2021
quotequote all
So having only really started messing with some Sipp money back in December I have now committed the cardinal sin and decided to go all in EUA, the bitcoin miners I had were tanking so ditched them this morning, obviously ARB now had a rally.... The theory is EUA bonanza and then sell them and start over. If it doesn't work I suspect I will be back at lower than I started in December having been 120% up in Feb, am I getting the hang of this share gambling now?

Luke.

11,002 posts

251 months

Thursday 13th May 2021
quotequote all
Rocket. said:
So having only really started messing with some Sipp money back in December I have now committed the cardinal sin and decided to go all in EUA, the bitcoin miners I had were tanking so ditched them this morning, obviously ARB now had a rally.... The theory is EUA bonanza and then sell them and start over. If it doesn't work I suspect I will be back at lower than I started in December having been 120% up in Feb, am I getting the hang of this share gambling now?
From what I can work out is, the only way to get the hang of it is to buy and then just sit on your hands. Selling and trading and whatnot is a recipe for disaster.

lemmingjames

7,460 posts

205 months

Thursday 13th May 2021
quotequote all
Adam. said:
g4ry13 said:
ye of little faith. Green stocks are sleeping giants, the eco stuff is not going away any time soon.

Although it would have been sensible of me to have taken my 350% on XPEV when it got into the $70s. I haven't given up quite yet that there will be another surge in interest in the green sector.
I agree but not sure if it’s my wishful thinking that it will happen soon
If you believe in the WEF global plan and how most of the world leaders are involved (think all are signed up to the UN2030 green plan), talks on the green revolution start in /from July this year

I tried to find out what green companies are linked to WEF members. Fake meats will also be pushed (notice how cow farming is making its appearance in the news more) and i think eletric bike/scooter manufacturers

Rocket.

1,517 posts

250 months

Thursday 13th May 2021
quotequote all
Luke. said:
From what I can work out is, the only way to get the hang of it is to buy and then just sit on your hands. Selling and trading and whatnot is a recipe for disaster.
Fair comment, I guess Crypto as my other investment isn't really ideal then either hehe

Adam.

27,262 posts

255 months

Thursday 13th May 2021
quotequote all
Luke. said:
Don't sell your ABML again.
Like a fool I bought another 1500 for 1.48 today

Luke.

11,002 posts

251 months

Thursday 13th May 2021
quotequote all
Adam. said:
Like a fool I bought another 1500 for 1.48 today
How is that foolish? They're on the verge of building their first recycling plant of many. Good times. I'm now on 48,500 shares with an average of $1.87. Holding for 5 years and couldn't be happier about it.

anonymous-user

55 months

Thursday 13th May 2021
quotequote all
g4ry13 said:
ADOM is up almost 12% today! Where did you get in? At one point they touched about 80 cents.

I now seem to have a portfolio of some very solid long term holds rolleyes
ADOM in fact is DOWN over 12% today.

1st buy 28th Jan at 52c

2nd buy 10th Feb at 67c

Average = 60c

Current sp = 18c

69% down as of today!

Luckily I only put £3k in but of that I only have about £978 left.

Definitely my worst buy ever! Albeit SNG and EQT are doing their best to match ADOM !

It's what happens when you get fomo and want some EV action without doing your own DD.

anonymous-user

55 months

Thursday 13th May 2021
quotequote all
Luke. said:
From what I can work out is, the only way to get the hang of it is to buy and then just sit on your hands. Selling and trading and whatnot is a recipe for disaster.
Completely agree Luke. Just to add, do meaningful DD before you buy and don't just follow the crowd as if you do the smart money has already had the 5 bags and you're left with the drop.

Adam.

27,262 posts

255 months

Thursday 13th May 2021
quotequote all
Luke. said:
How is that foolish? They're on the verge of building their first recycling plant of many. Good times. I'm now on 48,500 shares with an average of $1.87. Holding for 5 years and couldn't be happier about it.
It was tongue in cheek mate

20,500 shares at average $1.62 here

g4ry13

17,014 posts

256 months

Thursday 13th May 2021
quotequote all
MikeStroud said:
g4ry13 said:
ADOM is up almost 12% today! Where did you get in? At one point they touched about 80 cents.

I now seem to have a portfolio of some very solid long term holds rolleyes
ADOM in fact is DOWN over 12% today.

1st buy 28th Jan at 52c

2nd buy 10th Feb at 67c

Average = 60c

Current sp = 18c

69% down as of today!

Luckily I only put £3k in but of that I only have about £978 left.

Definitely my worst buy ever! Albeit SNG and EQT are doing their best to match ADOM !

It's what happens when you get fomo and want some EV action without doing your own DD.
They were up earlier, not sure what happened to make it reverse into down.

ADOM is definitely a more speculative EV play. All the EV market has been getting trashed so it's not exclusive to ADOM.

ferrisbueller

29,343 posts

228 months

Thursday 13th May 2021
quotequote all
Adam. said:
Luke. said:
How is that foolish? They're on the verge of building their first recycling plant of many. Good times. I'm now on 48,500 shares with an average of $1.87. Holding for 5 years and couldn't be happier about it.
It was tongue in cheek mate

20,500 shares at average $1.62 here
Blimey! I hadn't appreciated how committed you both were. I've just dipped a toe as I have to use T212 to buy and I'm still not keen on that platform.
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