What’s your big gamble? (Volume 4)

What’s your big gamble? (Volume 4)

Author
Discussion

i4got

5,660 posts

79 months

Tuesday 7th March 2023
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Sold out of Revs yesterday and locked in about a 50% profit. Complete fluke as I hadn't noticed today was results day and price then dropped nearly 15%. Anyway I decided to get back in as I hadn't spent the proceeds and see where it goes.


bigbaddom

505 posts

235 months

Tuesday 7th March 2023
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Luke. said:
Fingers crossed.
I also have a holding albeit only 8000 shares. 1.53 average.

I sold 2k in the last spike a while ago pretty much at the top and never bought them back.

Was pretty nervous for a long time. Still in the red but looking better. If it hits 4 I’m out though… well atleast halved anyway…

R6steve

13 posts

73 months

Wednesday 8th March 2023
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Long time lurker been getting the feel for how the whole buying shares etc works. I bought some alphawave a while back and promptly lost 50% literally just a few quid so left them in, I noticed that a director has been buying a fair amount of shares is it time to buy more? A sign of good news merger etc currently 1.03

Luke.

11,004 posts

251 months

Wednesday 8th March 2023
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bigbaddom said:
I also have a holding albeit only 8000 shares. 1.53 average.

I sold 2k in the last spike a while ago pretty much at the top and never bought them back.

Was pretty nervous for a long time. Still in the red but looking better. If it hits 4 I’m out though… well atleast halved anyway…
They've just bought a new plant. Was announced after hours last night.


Mr Overheads

2,442 posts

177 months

Wednesday 8th March 2023
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Luke. said:
bigbaddom said:
I also have a holding albeit only 8000 shares. 1.53 average.

I sold 2k in the last spike a while ago pretty much at the top and never bought them back.

Was pretty nervous for a long time. Still in the red but looking better. If it hits 4 I’m out though… well atleast halved anyway…
They've just bought a new plant. Was announced after hours last night.
Can't see that announcement, what sources are you using?

Luke.

11,004 posts

251 months

Wednesday 8th March 2023
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Mr Overheads said:
Can't see that announcement, what sources are you using?
https://fintel.io/doc/sec-american-battery-technology-co-1576873-8k-2023-march-07-19423-7438?fbclid=IwAR1NXH-3aFeDLe1ul88cWfqhZTKGUvljGleap5_xZh9awMmB9XYOtzSHh1o

Item 1.01 Entry into a Material Definitive Agreement.

On March 1, 2023, American Battery Technology Company (the “Company”) and LiNiCo Corporation (“LiNiCo”) entered into an asset purchase agreement and membership interest purchase agreement (collectively referred herein as the “Agreements”) for the purchase of a commercial hazardous waste recycling facility in the Tahoe-Reno Industrial Center located at 2500 Peru Drive, McCarran, Nevada and related industrial equipment. Pursuant to the Agreements, the Company acquired the industrial equipment from LiNiCo on March 1, 2023, for the purchase price of $6 million. The Company and LiNiCo are expected to close on the sale of the recycling facility by March 31, 2023, for the purchase price of $21 million. Pursuant to the terms of the Agreements, $1.5 million of the purchase price will be held in escrow for up to 18 months and be available for the settlement of indemnification claims made by the buyer under the Agreements.

Gargamel

15,018 posts

262 months

Wednesday 8th March 2023
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Chris Type R said:
That pesky Rolls Royce just keeps going up - not as I expected.
Yeah this...

Ah well - was still a winner for me.

Luke.

11,004 posts

251 months

Wednesday 8th March 2023
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Mr Overheads said:
Can't see that announcement, what sources are you using?
Not my pic...


Luke.

11,004 posts

251 months

Wednesday 8th March 2023
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bigbaddom

505 posts

235 months

Wednesday 8th March 2023
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I guess that explains today’s fall….

Luke.

11,004 posts

251 months

andy ted

1,284 posts

266 months

Thursday 9th March 2023
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Gargamel said:
Chris Type R said:
That pesky Rolls Royce just keeps going up - not as I expected.
Yeah this...

Ah well - was still a winner for me.
I Just sold mine out - had an average of 91p - doesn’t net out losses elsewhere by any stretch but one of my few recent good buys and It’s never wrong to take profit (he says now trying not to look at the SP again for a while!)

Chris Type R

8,043 posts

250 months

Thursday 9th March 2023
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andy ted said:
Gargamel said:
Chris Type R said:
That pesky Rolls Royce just keeps going up - not as I expected.
Yeah this...

Ah well - was still a winner for me.
I Just sold mine out - had an average of 91p - doesn’t net out losses elsewhere by any stretch but one of my few recent good buys and It’s never wrong to take profit (he says now trying not to look at the SP again for a while!)
I was reading this article earlier - https://www.proactiveinvestors.co.uk/companies/new...

Proactive said:
In a big upgrade, it almost doubled its price target for Rolls stock to 200p from 105p previously. Its ‘downside scenario’ is 90p and its ‘upside’ fair value 300p.

Of the 17 banks and brokerages logged as following the jet engine maker, only seven are positive on the stock. The consensus price target is 124p.
I have cash waiting to buy back in, but certainly don't feel confident buying back at the current prices.

andy ted

1,284 posts

266 months

Thursday 9th March 2023
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Chris Type R said:
andy ted said:
Gargamel said:
Chris Type R said:
That pesky Rolls Royce just keeps going up - not as I expected.
Yeah this...

Ah well - was still a winner for me.
I Just sold mine out - had an average of 91p - doesn’t net out losses elsewhere by any stretch but one of my few recent good buys and It’s never wrong to take profit (he says now trying not to look at the SP again for a while!)
I was reading this article earlier - https://www.proactiveinvestors.co.uk/companies/new...

Proactive said:
In a big upgrade, it almost doubled its price target for Rolls stock to 200p from 105p previously. Its ‘downside scenario’ is 90p and its ‘upside’ fair value 300p.

Of the 17 banks and brokerages logged as following the jet engine maker, only seven are positive on the stock. The consensus price target is 124p.
I have cash waiting to buy back in, but certainly don't feel confident buying back at the current prices.
Yeah I saw the UBS target update - it’s actually what pushed me over the edge to sell, after getting burned on Babcock - based off of too much excitement on broker targets banghead

vulture1

12,255 posts

180 months

Thursday 9th March 2023
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Sold piedmont lithium. No way can I risk another short seller releasing bad news and share collapse. Made good money on it 25% this time so I've never lost on it. Might buy back I to it if it all comes to nothing.
News/rumour of dodgy licence for lithium supplies from African dodgy governments.

Chris Type R

8,043 posts

250 months

Friday 10th March 2023
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Proactive said:
FTSE 100 set to open sharply lower as banking stocks spark heavy falls in the US

https://www.proactiveinvestors.co.uk/companies/new...
https://www.bbc.co.uk/news/business-64911066

There might be an opportunity to buy or average down today. The banks I'm in have already declared dividends and reported outlooks for the next year, so today might be a bitter opportunity.

FTSE 100 futures currently -1.54%, -121.50.

Edited by Chris Type R on Friday 10th March 07:29

g4ry13

17,048 posts

256 months

Friday 10th March 2023
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Basically following the US market down because of Biden's CGT tax proposals which shafted the market yesterday.

Chris Type R

8,043 posts

250 months

Friday 10th March 2023
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g4ry13 said:
Basically following the US market down because of Biden's CGT tax proposals which shafted the market yesterday.
Silver lining is that companies which have posted 'embarrassing' profits (Energy & Banks) are able to perform buybacks at marginally better prices. Not much of a silver lining mind.

vulture1

12,255 posts

180 months

Friday 10th March 2023
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Chris Type R said:
g4ry13 said:
Basically following the US market down because of Biden's CGT tax proposals which shafted the market yesterday.
Silver lining is that companies which have posted 'embarrassing' profits (Energy & Banks) are able to perform buybacks at marginally better prices. Not much of a silver lining mind.
Yes but he also has a buyback tax.

Taxing unreleased gains surely won't go through thats got to be a massive vote loser

Chris Type R

8,043 posts

250 months

Friday 10th March 2023
quotequote all
vulture1 said:
Chris Type R said:
g4ry13 said:
Basically following the US market down because of Biden's CGT tax proposals which shafted the market yesterday.
Silver lining is that companies which have posted 'embarrassing' profits (Energy & Banks) are able to perform buybacks at marginally better prices. Not much of a silver lining mind.
Yes but he also has a buyback tax.

Taxing unreleased gains surely won't go through thats got to be a massive vote loser
Sorry, cross purposes - I was talking about ftse companies undertaking share buy backs using their 'windfall' funds.