What’s your big gamble? (Volume 4)
Discussion
abucd4 said:
Glad I wasn’t the only one, the sp drop was making doubt myself. Average 25 but don’t want to overexpose myself by averaging down.
I’m averaging 26-27p and very big here. I’ll be gutted if it goes wrong but feel that even if the sale falls through they can invoke the sino-steel contract to mine MT for them. That would take 2 years to start generating cash. WK already in production so even with no sale decent divvies should flow from 2 years onwards. The reality is everyone is expecting MT to be sold now giving special divvy then more sales of the Rosgeo JV over the coming years.
If I was 30 years younger this could be that share that keeps giving for a further 30 years. … on the other hand it’s in Russia and the next putin may nationalise it etc.
I’d exchange one ball for a crystal ball right now.
MikeStroud said:
I can only imagine they have to avoid leading people. Ie if they said q4 and we all sold to rebuy later, then there’s be an outcry if the deal dropped in q3.
That’s fairI had thought only of not wanting to over-promise and then have to admit a delay
SP seems unimpressed still unless some have not read it yet
MikeStroud said:
Aiminghigh123 said:
Wow actually just had a look at GGP and EUA. Jesus they are cheap.
Both well down on my previous sell outs.
Alright alright don’t rub it in!!! Your “cheap” is my “holy ferk”Both well down on my previous sell outs.
egomeister said:
alistair1234 said:
Anyone know what is going on with BIDS?
Fishing around for people to fund a placing I'd imagine (if my last reading of the accounts is anywhere close to correct) Adam. said:
TCX said:
Good RNS from Znwd this afternoon,securing ownership of the project taking the solarworld,in administration shares up
Bought more this morning
How did you know to buy more in the morning ahead of the RNS?Bought more this morning
Edited by TCX on Tuesday 22 June 18:11
TCX said:
Shear blind luck,was concerned a bii by the bcn holding in Znwd but last two RNs seem to show that Znwd is well placed,under the radar despite me harping on about it,been buying below 13p will continue buying below 15p
Well done, my fortune was the reverse, wanted to sell my EMH or ZNWD to average down on EUA, set a sell limit on ZNWD of 13 at 4pm and nothing sold despite SP being well above!Edited by TCX on Tuesday 22 June 18:11
Was annoyed until I read the RNS, will sell EMH instead possibly
TCX said:
Adam. said:
TCX said:
Good RNS from Znwd this afternoon,securing ownership of the project taking the solarworld,in administration shares up
Bought more this morning
How did you know to buy more in the morning ahead of the RNS?Bought more this morning
Edited by TCX on Tuesday 22 June 18:11
Aiminghigh123 said:
TCX said:
Adam. said:
TCX said:
Good RNS from Znwd this afternoon,securing ownership of the project taking the solarworld,in administration shares up
Bought more this morning
How did you know to buy more in the morning ahead of the RNS?Bought more this morning
Edited by TCX on Tuesday 22 June 18:11
barryrs said:
Not sure if this is the right place but wondered if anyone has invested into Cornish Lithium via the recent crowdfunding?
I took a punt in November at 9p per share and again on Monday at 16p.
The progress looks positive with a view to take it public next year.
Defo the right place, personally on these shores I'd be far too worried about projects getting mired in sit in protests and enviromental campaigns, see Balcombe Fracking a few years back.I took a punt in November at 9p per share and again on Monday at 16p.
The progress looks positive with a view to take it public next year.
Edited by JustinF on Wednesday 23 June 02:39
Folks opinions on cutting losses?
I used to have a "plan" where when something reached a 10% gain I would consider taking profits. A bit safe perhaps but I was OK with that. I have of course let some stock continue in my PF if I thought it had further to go.
With losses however I've tended to hold in many cases thinking there's be an upswing eventually. In some cases I was right but at the moment I'm sitting on some stock, like EQT & EUA which are both down 40% (There's a couple of others down 30% - SYME & PHE).
I believe long term these will flourish BUT I keep thinking I should have got out at say -10% or -20%
I used to have a "plan" where when something reached a 10% gain I would consider taking profits. A bit safe perhaps but I was OK with that. I have of course let some stock continue in my PF if I thought it had further to go.
With losses however I've tended to hold in many cases thinking there's be an upswing eventually. In some cases I was right but at the moment I'm sitting on some stock, like EQT & EUA which are both down 40% (There's a couple of others down 30% - SYME & PHE).
I believe long term these will flourish BUT I keep thinking I should have got out at say -10% or -20%
Skyedriver said:
With losses however I've tended to hold in many cases thinking there's be an upswing eventually. In some cases I was right but at the moment I'm sitting on some stock, like EQT & EUA which are both down 40% (There's a couple of others down 30% - SYME & PHE).
I believe long term these will flourish BUT I keep thinking I should have got out at say -10% or -20%
I think that all the time, especially with bloody EUA (I am down almost same as you) it’s inevitable that you time some of these things wrong and wish you’d bought in later.I believe long term these will flourish BUT I keep thinking I should have got out at say -10% or -20%
I look at general sentiment and how long is likely before the next news, I guess worth looking at support levels too if you are into that sort of thing.
EUA could be soon, I sold EQT at break even having been well up as I didn’t see breakthrough news coming for a while, but LT I think it’s good
Skyedriver said:
Folks opinions on cutting losses?
I used to have a "plan" where when something reached a 10% gain I would consider taking profits. A bit safe perhaps but I was OK with that. I have of course let some stock continue in my PF if I thought it had further to go.
With losses however I've tended to hold in many cases thinking there's be an upswing eventually. In some cases I was right but at the moment I'm sitting on some stock, like EQT & EUA which are both down 40% (There's a couple of others down 30% - SYME & PHE).
I believe long term these will flourish BUT I keep thinking I should have got out at say -10% or -20%
$64,000 question. I used to have a "plan" where when something reached a 10% gain I would consider taking profits. A bit safe perhaps but I was OK with that. I have of course let some stock continue in my PF if I thought it had further to go.
With losses however I've tended to hold in many cases thinking there's be an upswing eventually. In some cases I was right but at the moment I'm sitting on some stock, like EQT & EUA which are both down 40% (There's a couple of others down 30% - SYME & PHE).
I believe long term these will flourish BUT I keep thinking I should have got out at say -10% or -20%
I suppose it could depend on whether you’re investing or trading/gambling.
If investing then stick with the loss if nothing has changed as it should come good one day if you invested for the right reasons (expected growth etc)
If trading/gambling then I suppose cutting your losses is the right thing to do.
Trouble is there is so much noise in share prices that it’s difficult to know what is noise and what is an underlying 10% drop. Especially with aim and the shares touted on here where us PI cause wild swings.
Of the ones you mention EUA and EQT are investments for me. I’ll wait 3 years if necessary… but would prefer tomorrow;-)
SYME is a gamble. I don’t hold PHE, sold it a long time back and bought more EQT which I felt was the better of the two.
That said who knows!!
JustinF said:
barryrs said:
Not sure if this is the right place but wondered if anyone has invested into Cornish Lithium via the recent crowdfunding?
I took a punt in November at 9p per share and again on Monday at 16p.
The progress looks positive with a view to take it public next year.
Defo the right place, personally on these shores I'd be far too worried about projects getting mired in sit in protests and enviromental campaigns, see Balcombe Fracking a few years back.I took a punt in November at 9p per share and again on Monday at 16p.
The progress looks positive with a view to take it public next year.
Edited by JustinF on Wednesday 23 June 02:39
It’s a consideration but for the most part they are getting off very lightly on that front as electric cars are so in vogue. They have the rights for offshore drilling also which might trigger some opposition when the time comes.
My biggest concern is scope creep and they try and do too much at an early stage.
Started out as drilling, extracting lithium and making use of the geothermal heat generated but are now looking at the extraction of China clay too.
MikeStroud said:
$64,000 question.
I suppose it could depend on whether you’re investing or trading/gambling.
If investing then stick with the loss if nothing has changed as it should come good one day if you invested for the right reasons (expected growth etc)
If trading/gambling then I suppose cutting your losses is the right thing to do.
Trouble is there is so much noise in share prices that it’s difficult to know what is noise and what is an underlying 10% drop. Especially with aim and the shares touted on here where us PI cause wild swings.
Of the ones you mention EUA and EQT are investments for me. I’ll wait 3 years if necessary… but would prefer tomorrow;-)
SYME is a gamble. I don’t hold PHE, sold it a long time back and bought more EQT which I felt was the better of the two.
That said who knows!!
Haven't got $64k invested fortunately but being older than you I'm even more impatient. The integrale prices are rising faster than my PF!I suppose it could depend on whether you’re investing or trading/gambling.
If investing then stick with the loss if nothing has changed as it should come good one day if you invested for the right reasons (expected growth etc)
If trading/gambling then I suppose cutting your losses is the right thing to do.
Trouble is there is so much noise in share prices that it’s difficult to know what is noise and what is an underlying 10% drop. Especially with aim and the shares touted on here where us PI cause wild swings.
Of the ones you mention EUA and EQT are investments for me. I’ll wait 3 years if necessary… but would prefer tomorrow;-)
SYME is a gamble. I don’t hold PHE, sold it a long time back and bought more EQT which I felt was the better of the two.
That said who knows!!
Yes in some instances just bought in too high/late, done it twice with PHE in which I have faith and a reasonable sum but with a little hindsight or is it foresight I could have held back on a rise expecting a pull back. Having followed it for a long time I should have remembered previous drops, from 1,5 to 1,0 & 4.0 to 2.5p. I've still made money on them in the past on subsequent rises but it's galling not getting in nearer the bottom of a dip rather than on the expectation of a continued rise thinking "this time this is it"
barryrs said:
JustinF said:
barryrs said:
Not sure if this is the right place but wondered if anyone has invested into Cornish Lithium via the recent crowdfunding?
I took a punt in November at 9p per share and again on Monday at 16p.
The progress looks positive with a view to take it public next year.
Defo the right place, personally on these shores I'd be far too worried about projects getting mired in sit in protests and enviromental campaigns, see Balcombe Fracking a few years back.I took a punt in November at 9p per share and again on Monday at 16p.
The progress looks positive with a view to take it public next year.
Edited by JustinF on Wednesday 23 June 02:39
It’s a consideration but for the most part they are getting off very lightly on that front as electric cars are so in vogue. They have the rights for offshore drilling also which might trigger some opposition when the time comes.
My biggest concern is scope creep and they try and do too much at an early stage.
Started out as drilling, extracting lithium and making use of the geothermal heat generated but are now looking at the extraction of China clay too.
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