What’s your big gamble? (Volume 4)

[g4ry13]

Mr Overheads said:

g4ry13 said:

Taken a smallish punt on Virgin Orbit this evening.

Quite a decent chance I lose the lot.

Down 28% on Tuesday - ouch.

Yes, the market (and I) was expecting an announcement which didn't come.

My investment decision was a half-informed decision. I am still optimistic for positive news.

[vulture1]

Chris Type R said:

Giantt said:

What in god's name has Saun Day done to the ggp sp?
When even dogs like amur +57% and Vast +150 % up ytd,how has he let this tier 1 safe jurisdiction,monster drop down to 6p?
For a while now I've though the recent Aussie big shot who was let in at the 8,p range is after Havieron 100% now with the ncm/new takeover possibility,looks like ggp going the way of hgm,BCN etc?

Not sure for how long, but GGP is rocking a +12% today.

Needs to do that for a few days / weeks in a row...

[Chris Type R]

vulture1 said:

Chris Type R said:

Giantt said:

What in god's name has Saun Day done to the ggp sp?
When even dogs like amur +57% and Vast +150 % up ytd,how has he let this tier 1 safe jurisdiction,monster drop down to 6p?
For a while now I've though the recent Aussie big shot who was let in at the 8,p range is after Havieron 100% now with the ncm/new takeover possibility,looks like ggp going the way of hgm,BCN etc?

Not sure for how long, but GGP is rocking a +12% today.

Needs to do that for a few days / weeks in a row...

I'd be happy with a single 100% day.

[Adam.]

Chris Type R said:

I'd be happy with a single 100% day.

Oooo break even

[Chris Type R]

Adam. said:

Chris Type R said:

I'd be happy with a single 100% day.

Oooo break even

There'd be enough profit in there for a tinny (of Fosters).

[22s]

Anyone in Phoenix Copper?

I have it on good authority* that is a triple bagger.

• My mate who always gives me tips which I never follow and always seem to fly!

[g4ry13]

g4ry13 said:

Mr Overheads said:

g4ry13 said:

Taken a smallish punt on Virgin Orbit this evening.

Quite a decent chance I lose the lot.

Down 28% on Tuesday - ouch.

Yes, the market (and I) was expecting an announcement which didn't come.

My investment decision was a half-informed decision. I am still optimistic for positive news.

They're expected to make an announcement this evening.

Got to say that I have played this terribly wrong given information I had.

edit: I have taken losses as I expect a further drop.

Edited by g4ry13 on Thursday 30th March 21:04

[g4ry13]

Pretty dead.

Virgin Orbit fails to secure funding, will cease operations and lay off 90% of workforce

I saved myself some cash cutting the loss this evening.

Without going into too much detail I played it silly and should have put my money into XPEV sub $10.

[Adam.]

22s said:

Anyone in Phoenix Copper?

I have it on good authority* that is a triple bagger.

• My mate who always gives me tips which I never follow and always seem to fly!

Ah seen PXC, I will read up on all the LSE pumping

Edited by Adam. on Friday 31st March 07:47

[Zoon]

Adam. said:

22s said:

Anyone in Phoenix Copper?

I have it on good authority* that is a triple bagger.

• My mate who always gives me tips which I never follow and always seem to fly!

Ah seen PXC, I will read up on all the LSE pumping

Edited by Adam. on Friday 31st March 07:47

Looks good so far.
Down 10%

[Chris Type R]

MNG motoring at near +5% today, perhaps there's some possibility of a takeover - which was mooted earlier this month (Macquarie Group Ltd). Ex div was a couple of weeks ago.

[pquinn]

g4ry13 said:

Pretty dead.

Virgin Orbit fails to secure funding, will cease operations and lay off 90% of workforce

I saved myself some cash cutting the loss this evening.

Without going into too much detail I played it silly and should have put my money into XPEV sub $10.

Is anyone really surprised this thing went the way it did? Really?

[g4ry13]

pquinn said:

g4ry13 said:

Pretty dead.

Virgin Orbit fails to secure funding, will cease operations and lay off 90% of workforce

I saved myself some cash cutting the loss this evening.

Without going into too much detail I played it silly and should have put my money into XPEV sub $10.

Is anyone really surprised this thing went the way it did? Really?

Sparing a few details, I bought in again on the open today and currently showing a profit. 30% ROI was tempting to take.

As a result of me being out overnight i've been able to increase the size of my holding.

It may end up being worthless but have reason to believe there is value in holding.

[g4ry13]

g4ry13 said:

pquinn said:

g4ry13 said:

Pretty dead.

Virgin Orbit fails to secure funding, will cease operations and lay off 90% of workforce

I saved myself some cash cutting the loss this evening.

Without going into too much detail I played it silly and should have put my money into XPEV sub $10.

Is anyone really surprised this thing went the way it did? Really?

Sparing a few details, I bought in again on the open today and currently showing a profit. 30% ROI was tempting to take.

As a result of me being out overnight i've been able to increase the size of my holding.

It may end up being worthless but have reason to believe there is value in holding.

Well that was more money into the pit

It's actually quite comical how badly I did considering i've basically fared as badly as retail.

[ferrisbueller]

Watching ZIM with interest to see what the price does around Div time and how the shorts vary.

[Adam.]

ferrisbueller said:

Watching ZIM with interest to see what the price does around Div time and how the shorts vary.

Me too, I think history says don’t jump straight back in ex div

[Miocene]

ferrisbueller said:

Watching ZIM with interest to see what the price does around Div time and how the shorts vary.

Pre-market is currently $17.50, so a $6 drop from yesterday.

[Adam.]

Miocene said:

Pre-market is currently $17.50, so a $6 drop from yesterday.

Divi was 6.40 so I am going to hold off for now i think

[vulture1]

Adam. said:

ferrisbueller said:

Watching ZIM with interest to see what the price does around Div time and how the shorts vary.

Me too, I think history says don’t jump straight back in ex div

I bought more ended up around $19. I think and do not quote me but I worked out for this year their div if 30% thr low end it will be $4 total for 2023 and high end 6ish based on expected profit divided by the number of shares. So currently a 20%-30% dividend rate is good enough for me to buy in.

[Mallard126]

I can't get my head round the lack of interest in TRX.

Great trading update. Steady, sustainable and profitable growth. Directors buying in today but it's struggling to stay north of 0.55

I'm hoping the 100-1 consolidation goes through soon and the perception of the business changes as it'll no longer be a "penny stock." I'm still holding all my shares and will probably add more as long as it's sub 0.6 with a view to bagging at least from there but I'd quite like it to make an upward move now!