What’s your big gamble? (Volume 4)
Discussion
vulture1 said:
Adam. said:
vulture1 said:
I'm not sure whether to keep it as a longer term play rather than trade it. Could give good divs for a while. Just reinvest the fiv a month or so after the div ex date as they always seem to fall off after it. Or sell the day before and buy back in... not really sure what my plan is
With current shipping inflation ot makes more money than it knows what to do with hence the huge divis.Doesn’t it just rise by the div to cum div date, and fall back by div thereafter
The danger with the shipping models (perhaps they learned form Covid) that they end up with little in reserve if recession hits and demand for goods (and therefore ships) craters. Even with China shut, they still get paid to park off the coast, so they almost can't lose money.
I think the biggest risk for them in the short term is the wider index dropping and people being forced to sell as margin calls come knocking for other things.
I'm out of them for now but will be adding them when I think the market has stopped dropping as they'll be a great cyclical stock to jump back into...shippping isn't going anywhere, fuel crisis or no fuel crisis.
Also, SIGA is up 7% after hours so I might only end up 12-15% under water
- I wish a pox on all of you (fingers crossed).
Skyedriver said:
Yes, had a very quick in and out at 8.00 Profit's a profit but I left too much on the table, should have held a further few minutes
Edit: now dropping and lower than I sold. Expect a second rise shortly I suspect but not sure I'm brave enough.
I was brave (foolhardy some might say) and went back in. I could have actually got out with a second, albeit very small profit but I hung on in for greater things. It dropped back.Edit: now dropping and lower than I sold. Expect a second rise shortly I suspect but not sure I'm brave enough.
Edited by Skyedriver on Tuesday 24th May 08:19
Edited by Skyedriver on Tuesday 24th May 14:49
Skyedriver said:
I was brave (foolhardy some might say) and went back in. I could have actually got out with a second, albeit very small profit but I hung on in for greater things. It dropped back.
Should have stopped in bed.Edited by Skyedriver on Tuesday 24th May 14:49
The second buy in has stagnated now at a small loss.
In my enthusiasm I bought back into THG which has promptly slipped back a little
And bought in, out, in, out and back in again for the third time with SNG. Bit like the Hokey Cokey....except I'm currently down there too.
Skyedriver said:
Should have stopped in bed.
The second buy in has stagnated now at a small loss.
In my enthusiasm I bought back into THG which has promptly slipped back a little
And bought in, out, in, out and back in again for the third time with SNG. Bit like the Hokey Cokey....except I'm currently down there too.
Any TED? You've bought everything else from your hypothetical 1k question last night!The second buy in has stagnated now at a small loss.
In my enthusiasm I bought back into THG which has promptly slipped back a little
And bought in, out, in, out and back in again for the third time with SNG. Bit like the Hokey Cokey....except I'm currently down there too.
Skyedriver said:
Skyedriver said:
I was brave (foolhardy some might say) and went back in. I could have actually got out with a second, albeit very small profit but I hung on in for greater things. It dropped back.
Should have stopped in bed.Edited by Skyedriver on Tuesday 24th May 14:49
The second buy in has stagnated now at a small loss.
In my enthusiasm I bought back into THG which has promptly slipped back a little
And bought in, out, in, out and back in again for the third time with SNG. Bit like the Hokey Cokey....except I'm currently down there too.
The share was already way overpriced before the hearing but they are moaning why has it not burst through 10p etc.
The long suffering shareholders seem to be expecting it to be worth the 50p+ (when relending starts) that was talked about a year or 2 ago but that was before the FSA agreement to dilute the current shareholders to only 5% of the company!
There is going to be a big share issue to try and raise money (to give interest payments back to customers who happily took the loans) so that will have to be at a massive discount and which point todays high price will be a distant memory!
After all that and after they get the go ahead to start relending then the SP might start going above 10p if the company can be shown to be making money again
egomeister said:
Skyedriver said:
Should have stopped in bed.
The second buy in has stagnated now at a small loss.
In my enthusiasm I bought back into THG which has promptly slipped back a little
And bought in, out, in, out and back in again for the third time with SNG. Bit like the Hokey Cokey....except I'm currently down there too.
Any TED? You've bought everything else from your hypothetical 1k question last night!The second buy in has stagnated now at a small loss.
In my enthusiasm I bought back into THG which has promptly slipped back a little
And bought in, out, in, out and back in again for the third time with SNG. Bit like the Hokey Cokey....except I'm currently down there too.
Fully out of AMGO again nice profit first thing, broke even second time around
GPH said:
I still don't understand the blind enthusiasm for AMGO on the LSE board knowing a massive devaluation is coming?
The share was already way overpriced before the hearing but they are moaning why has it not burst through 10p etc.
The long suffering shareholders seem to be expecting it to be worth the 50p+ (when relending starts) that was talked about a year or 2 ago but that was before the FSA agreement to dilute the current shareholders to only 5% of the company!
There is going to be a big share issue to try and raise money (to give interest payments back to customers who happily took the loans) so that will have to be at a massive discount and which point todays high price will be a distant memory!
After all that and after they get the go ahead to start relending then the SP might start going above 10p if the company can be shown to be making money again
Oh, agree but I was pretty sure there'd be a surge first thing this morning so got in as quickly as HL would allow and took profits a very short while later. Should have rode the wave longer with hindsight, profit could have been much bigger but happy enough with what I got. (Broke even second time around). The share was already way overpriced before the hearing but they are moaning why has it not burst through 10p etc.
The long suffering shareholders seem to be expecting it to be worth the 50p+ (when relending starts) that was talked about a year or 2 ago but that was before the FSA agreement to dilute the current shareholders to only 5% of the company!
There is going to be a big share issue to try and raise money (to give interest payments back to customers who happily took the loans) so that will have to be at a massive discount and which point todays high price will be a distant memory!
After all that and after they get the go ahead to start relending then the SP might start going above 10p if the company can be shown to be making money again
speedy_thrills said:
Anyone purchased any of that stranded Ukrainian grain yet? It always seems like in any situation where there is a fundamental market issue (e.g. oil for less than $0) someone works out how to make a killing.
I bought it in Feb, thanks to an article on Zerohedge and sold at the first mini peak (which seemed huge at the time) then Putin rolled the tanks and mayhem ensued.No idea if it will run or not, Kissinger saying let Putin keep land so that might end things sooner than we think.
I was watching corn too as the lack of fertilizer has pushed US farmers to soybeans that require less fertilizer but I don’t know if that will ramp corn prices through the roof or not.
Sanity returning to the AMGO SP I see.
Clothing retail seems to be slipping with the likes of BOO, NXT & TED sliding (despite the stories behind TED & the poss sale). Even WOSG continuing south despite their goods being touted as a good hedge against inflation etc and rising steadily over the last couple of years.
Does no one care about the environment any more, I see the likes of EMH, ZNWD, EQT, CWR, PHE etc sliding down over the last few months.
Clothing retail seems to be slipping with the likes of BOO, NXT & TED sliding (despite the stories behind TED & the poss sale). Even WOSG continuing south despite their goods being touted as a good hedge against inflation etc and rising steadily over the last couple of years.
Does no one care about the environment any more, I see the likes of EMH, ZNWD, EQT, CWR, PHE etc sliding down over the last few months.
Edited by Skyedriver on Wednesday 25th May 11:07
I think it's easier to list what hasn't slid!
I've added more Alphabet to my pension pot this week.
Waiting to add more Dividend stuff if the opportunity arises.
Gambling brought into stark focus lately, though I have added some EUA for a bit of good old averaging down but as we've discussed that feels like an all or nothing now.
I've added more Alphabet to my pension pot this week.
Waiting to add more Dividend stuff if the opportunity arises.
Gambling brought into stark focus lately, though I have added some EUA for a bit of good old averaging down but as we've discussed that feels like an all or nothing now.
g4ry13 said:
Following yet another mass shooting in the USA, Smith and Wesson appears to be up 8%
I honestly don't get why the shares are going up when people are calling for more gun control.
Because....gun control won't happen,n more people will buy more guns,to be ready for the other people with guns I honestly don't get why the shares are going up when people are calling for more gun control.
TCX said:
g4ry13 said:
Following yet another mass shooting in the USA, Smith and Wesson appears to be up 8%
I honestly don't get why the shares are going up when people are calling for more gun control.
Because....gun control won't happen,n more people will buy more guns,to be ready for the other people with guns I honestly don't get why the shares are going up when people are calling for more gun control.
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