What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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SimonTheSailor

12,587 posts

228 months

Friday 14th May 2021
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Deepverge seems to have made some gains recently - it's nearly back to the price I purchased it at. Time to go ?

Anybody have any hope for them in the long term ?

Chris Type R

8,026 posts

249 months

Friday 14th May 2021
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chrishumes1978 said:
Meeten-5dulx said:
chrishumes1978 said:
I think IDP look really promising after reading a few posts over on other sites. Anyone think the same?
Can you share some of these posts?

I'm already invested but may be tempted to add.
It seems to gravitate to 40p, so interested to see what will make it go much higher.
https://uk.advfn.com/stock-market/london/innovaderma-IDP/share-chat
I think there's a few on here who are already substantially invested - and some holding loss positions.

NuckyThompson

1,586 posts

168 months

Friday 14th May 2021
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Milkbuttons said:
I'm guessing there's a few of us in here with ARB and I'm sure most of us are nursing a loss rite now, any ideas on your target exit price are you holding for the medium/long term?
If it goes back over 200 il prob cash out then, I expect Bitcoin to go back on the up from now after musk has had his fun. His manipulation of crypto should really affect Tesla’s share price IMO as if he decides to take Bitcoin as payment and then a month later realises it’s not environmentally friendly it kind of shines a dim light on the CEO of a major company pushing environmentally friendly products.


Mr Overheads

2,439 posts

176 months

Friday 14th May 2021
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NuckyThompson said:
Milkbuttons said:
I'm guessing there's a few of us in here with ARB and I'm sure most of us are nursing a loss rite now, any ideas on your target exit price are you holding for the medium/long term?
If it goes back over 200 il prob cash out then, I expect Bitcoin to go back on the up from now after musk has had his fun. His manipulation of crypto should really affect Tesla’s share price IMO as if he decides to take Bitcoin as payment and then a month later realises it’s not environmentally friendly it kind of shines a dim light on the CEO of a major company pushing environmentally friendly products.
From Mati Greenspans blog post yesterday:

Hi Everyone,

The hornet's nest has been officially kicked, as the richest man in the world stunned social media last night with the announcement that Tesla will no longer accept bitcoin as payment for cars, citing environmental concerns.

If it were anyone else, we'd just write this off as FUD and move on, but seeing as how Tesla's involvement in bitcoin drove the price up from around $36,000 to where we are now, this is more than a bit unnerving for those of us who are exposed to digital currencies.

It's a bewildering about-face to say the least, as they only just started accepting bitcoin 50 days ago. Did they not know how Bitcoin worked at that time?

In fact, when Jack Dorsey came out with a report on how Bitcoin mining incentivizes renewable energy, Elon Musk was quick to agree. That was just three weeks ago!!

Adding to the absurdity of the situation is the clarification that Tesla will not be selling off their bitcoin holdings, but will instead be keeping them until the digital currency can improve its carbon footprint.

Many who are familiar with the technology were quick to point out that hodling bitcoin is tantamount to using it for transactions, at least as far as energy consumption goes. Either you're in, or you're out, a part of the network or not.

What struck me was the corporate language used in the announcement, which reads more like something off a PR desk than something the meme master would have written himself.

This is a detail that has many questioning whether someone else is pulling the strings here. Some have suggested Cathy Wood from Ark Invest is behind this, but I don't believe that. She's knee-deep in Bitcoin herself.

The far-right media outlet ZeroHedge wrote an article implying that it may have been China. Crypto maven Naomi Brockwell sees it as a hat tip to the Environmental Protection Agency in order to gain favor for Tesla's bid to enter the multibillion dollar renewable credit market.

To me though, this is just Musk being Musk. We've seen him intentionally manipulating financial markets so many times before that it's not even funny.

It's very likely that he's looking to buy more at a cheaper price. Don't hate the player, hate the game.



I Love Cake

2,941 posts

171 months

Friday 14th May 2021
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Milkbuttons said:
I'm guessing there's a few of us in here with ARB and I'm sure most of us are nursing a loss rite now, any ideas on your target exit price are you holding for the medium/long term?
In for a few years here, they're clearly looking to the future with everything they're doing.

ferrisbueller

29,321 posts

227 months

Friday 14th May 2021
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Wouldn't surprise me at all if Tesla buys more bitcoin as the price drops.

Elon's tweets are worth billions. It's a funny old world.

Edited by ferrisbueller on Friday 14th May 17:01

Luke.

10,991 posts

250 months

Friday 14th May 2021
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I Love Cake said:
In for a few years here, they're clearly looking to the future with everything they're doing.
Likewise.

Aiminghigh123

2,720 posts

69 months

Friday 14th May 2021
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Keep going SYME!!!

CaptainSlow

13,179 posts

212 months

Friday 14th May 2021
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Aiminghigh123 said:
Keep going SYME!!!
SYME is my lth, I've got £5k in, I'm hoping that in 4 years it'll get me a 996 Turbo for my 50th.

Chris Type R

8,026 posts

249 months

Friday 14th May 2021
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CaptainSlow said:
Aiminghigh123 said:
Keep going SYME!!!
SYME is my lth, I've got £5k in, I'm hoping that in 4 years it'll get me a 996 Turbo for my 50th.
I've had a few shares like that over the years ... I drive (a now) 16 year old Alfa.

Aiminghigh123

2,720 posts

69 months

Friday 14th May 2021
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CaptainSlow said:
Aiminghigh123 said:
Keep going SYME!!!
SYME is my lth, I've got £5k in, I'm hoping that in 4 years it'll get me a 996 Turbo for my 50th.
It’s nearly 50% of my whole portfolio. 6 million share here!!!! Big time gamble.

TheHangingJudge

818 posts

144 months

Friday 14th May 2021
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SimonTheSailor said:
Deepverge seems to have made some gains recently - it's nearly back to the price I purchased it at. Time to go ?

Anybody have any hope for them in the long term ?
i do get nervous at all the inferred good news to come, but it does look like they have a number of opportunities that if converted would have a huge impact on the share price, so i’d say stick with it. I have a core holding and then am trading round the edges.

TheHangingJudge

818 posts

144 months

Friday 14th May 2021
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Anyone else in Abingdon Health and have any thoughts? Got in this week and it seems a gamble worthy of this thread. The last update caused a huge drop due to it detailing government not paying invoices and delays in test development. They claim they know no reason why the government haven’t paid. Also may or may not be producing the Avacta test, which possibly about to start selling. If both go Abingdons way then it should be happy days.

Rocket.

1,514 posts

249 months

Friday 14th May 2021
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I will getting back into ARB as and when EUA hopefully pays out. I think ARB will become a LTH for me.

g4ry13

16,983 posts

255 months

Friday 14th May 2021
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My green stocks are looking pretty today. I'm just going to take a minute to enjoy it as it doesn't seem to last for long.

AMC is nudging $14. I see silly numbers like $1000 put out there. Can't say I believe them but maybe something strange can happen and hit $100. I don't have much in there at all but it would still be a nice return if it could go up a few multiples.

Aiminghigh123

2,720 posts

69 months

Friday 14th May 2021
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Portfolio up 8%!!!!! Jeez

Mr Overheads

2,439 posts

176 months

Friday 14th May 2021
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Gambled and averaged down on PLUG today $32.89 average buy in now.

SimonTheSailor

12,587 posts

228 months

Friday 14th May 2021
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Jefferson Steelflex said:
Only CRCL doing anything good for me past few days. I was hovering over another 200k shares this morning when it was flat, went and got a hot beverage and it'd gone up 10%.
Interesting article on CRCL here, seems to cover all the things they're up to.
Mining agreement signed in PNG since the article was published.

http://www.alignresearch.co.uk/corcel/mast-ipo-hig...

Aiminghigh123

2,720 posts

69 months

Friday 14th May 2021
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What a rollercoaster week. SYME and PFC pulling me up today. 2 of my bigger holdings.

More like this next week please will bring me back to December levels.

Insurancejon

4,055 posts

246 months

Friday 14th May 2021
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FUM at 20% discount on primary bid....worth a punt?
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