What’s your big gamble? (Volume 4)

[Vanity Projects]

Not in it but Evraz has taken a roasting today, Poly being dragged with it a little too.

I opened a short on natural gas yesterday, let’s see how that goes - we have to be near demand destruction zone now and Germany is at 80% storage so fingers crossed it comes down, if only for the thaw of my heating bill…

I can sit on the short for a long while so no rush.

Got back into Star Bulk a few days ago when it blipped lower, it’s come back and goes ex dividend today at $1.65 a share, dock worker strikes no doubt mean the backlog and rates for shipping keep going…and the ships get paid while floating out in a traffic jam too.

Not a long term hold as recession is coming/here but will do for now.

Made some money on SP500/nasdaq shorts last few days but closed them now. Most of my meagre gains are coming from holding cash in US$ and that going up against the £.

[TCX]

Cgo finally on the move?be great if it 'did' a Thungela!

[g3org3y]

Vanity Projects said:

Not in it but Evraz has taken a roasting today, Poly being dragged with it a little too.

What's happened to EVRAZ? Stock was suspended ages ago?

[dapprman]

g3org3y said:

Vanity Projects said:

Not in it but Evraz has taken a roasting today, Poly being dragged with it a little too.

What's happened to EVRAZ? Stock was suspended ages ago?

EVRAZ are stopping using Computershare as their registrar as of 5 days back (19th) and that shareholder who wished to do so could ask for their shares in paper certificate form (for the usual fee) prior to the 10th (?). All I saw on LSE was a number of people talking about now receiving their certificates and how some were leaving any Evraz they had in ISAs in electronic form.

[Phooey]

Phooey said:

Phooey said:

Either way, lack of directors buying is not painting a positive spin on the stock. It's great coming on interviews and saying how excited you are for the company etc, but unless you/they put their money where their mouths are it's the usual hot air / decline in SP

Looks like Newcrest's decision to decline the offer of a further stake in Havieron has investors dumping GGP stock

Groundhog day. lol

https://www.share-talk.com/greatland-gold-plc-aimg...

[Vanity Projects]

g3org3y said:

Vanity Projects said:

Not in it but Evraz has taken a roasting today, Poly being dragged with it a little too.

What's happened to EVRAZ? Stock was suspended ages ago?

Was me not looking very closely, just happened to notice it was top of the drops on marketwatch when I checked in…

Went back now and double clicked and last update was 20th March so guessing it’s just stuck as the top loser since then on ftse…I don’t have any so maybe I never spotted it there before.

Sorry if I salted anyone’s wounds

[g4ry13]

Peloton have been ticking up a bit lately. I see they announced a deal with Amazon.

Not sure whether I feel brave enough to dabble with them again.

[Vanity Projects]

g4ry13 said:

Peloton have been ticking up a bit lately. I see they announced a deal with Amazon.

Not sure whether I feel brave enough to dabble with them again.

Going nowhere fast. Should be their slogan imo.

[g3org3y]

dapprman said:

g3org3y said:

Vanity Projects said:

Not in it but Evraz has taken a roasting today, Poly being dragged with it a little too.

What's happened to EVRAZ? Stock was suspended ages ago?

EVRAZ are stopping using Computershare as their registrar as of 5 days back (19th) and that shareholder who wished to do so could ask for their shares in paper certificate form (for the usual fee) prior to the 10th (?). All I saw on LSE was a number of people talking about now receiving their certificates and how some were leaving any Evraz they had in ISAs in electronic form.

That I knew about, Telegram group was full of chat about conversion to paper shares.

Vanity Projects said:

Was me not looking very closely, just happened to notice it was top of the drops on marketwatch when I checked in…

Went back now and double clicked and last update was 20th March so guessing it’s just stuck as the top loser since then on ftse…I don’t have any so maybe I never spotted it there before.

Sorry if I salted anyone’s wounds

No bother, have written that one off. We'll see what happens. Members in the Telegram group still optimistic. IIRC, Evraz are planning to sell their North American operation, so not sure what implication that'll have for people still holding shares given they are suspended on LSE.

[g4ry13]

Vanity Projects said:

g4ry13 said:

Peloton have been ticking up a bit lately. I see they announced a deal with Amazon.

Not sure whether I feel brave enough to dabble with them again.

Going nowhere fast. Should be their slogan imo.

-20% today based on their earnings.

That bounce really didn't last long!

[g3org3y]

Actually making money on ANGS. Gas announcement on the RNS. Given how things are predicted to go with energy and gas this winter, SP may continue to rise further.

[TCX]

Well, disappointed in Ggp today,ok Shaun Day has got funding,but why not at the same rate as the primary bid placing,14.5p instead of the 8p mates rate?
Been a very similar trajectory to eua downwards,43% ytd,but eua in volatile location,ggp tier 1 gold reserve,stable country,ncm going all out to get to reserve,yes bright future for Havieron,but not much shareholder value being created at the moment

[vulture1]

TCX said:

Well, disappointed in Ggp today,ok Shaun Day has got funding,but why not at the same rate as the primary bid placing,14.5p instead of the 8p mates rate?
Been a very similar trajectory to eua downwards,43% ytd,but eua in volatile location,ggp tier 1 gold reserve,stable country,ncm going all out to get to reserve,yes bright future for Havieron,but not much shareholder value being created at the moment

I know wall street and the markets are criminal at times but being able to short a share knowing you can buy them at a reduced placing order is proper fking robbery.


Also sold some LAC and bought some BLNK again. So far this has been a nice trade to make every month or so.
Holding a sizable chunk of cash to fire into a few things at the end of September though.

[TCX]

vulture1 said:

TCX said:

Well, disappointed in Ggp today,ok Shaun Day has got funding,but why not at the same rate as the primary bid placing,14.5p instead of the 8p mates rate?
Been a very similar trajectory to eua downwards,43% ytd,but eua in volatile location,ggp tier 1 gold reserve,stable country,ncm going all out to get to reserve,yes bright future for Havieron,but not much shareholder value being created at the moment

I know wall street and the markets are criminal at times but being able to short a share knowing you can buy them at a reduced placing order is proper fking robbery.


Also sold some LAC and bought some BLNK again. So far this has been a nice trade to make every month or so.
Holding a sizable chunk of cash to fire into a few things at the end of September though.

Shorting I take as the flip side,disagreeable but part of the game,but as soon as the company puts a discounted offering to institution,that says to the market,'thats the value' of this share,Ceo's done very little since arriving,at least previous one had real skin in the game

[Hobo]

Hopefully some have you have been invested in Blackrock Global World Energy fund since the energy prices increases (and before).

In the last 12 months it’s increased 89.53%.

It’s around 4% of my portfolio currently so whilst it hasn’t offset the other losses many have also seen, it’s certainly helped.

[TheHangingJudge]

Micro Focus, been a dog of a share for me since I bought in initially about 18months ago, the only positive was the dividend. They’ve just accepted an offer of £5.32, meaning I’ll make a small amount, but i’m massively relieved as I was starting to get worried. It also means I have new funds to plough into the ‘bargains’ that seem to be appearing everywhere at the moment.

[vulture1]

Well I bought dome ggp at 8.4.
If I'm going to hold it from my buy in at 14 I might as well buy at the same price the institutions got lately.

[Legend83]

Bought EZJ today at £3.54 - certainly not a short-term punt but I see them as a big recovery play long-term. My very high-level and uninformed opinion is that people in general are desperate to get back to pre-Covid normal and enjoy holidays abroad, plus the possibility more will switch to low-cost offerings due to the squeeze on household income.

Current price is below Covid outbreak levels, feel like it has reached peak pessimism...

Edited by Legend83 on Friday 26th August 19:23

[Skyedriver]

EZJ ?
Held them for a while, buying as the knife continues to fall!

This being the gamble thread a bought a million SYME just before close of play - didn't want to be out over the (long) weekend.


ps, why the heck did I sell my AVCT (expecting them to drop then bounce)

[vulture1]

Back in early pandemic someone mentioned buying shares of a company that deals with insolvency or winding up companies. What was it? I recall them doing well early 2020