Share tips thread

[Burwood]

FredClogs said:

twinturboz said:

Tesla still has 35% of float short, could start to get real painful for shorts once that $300 cracks.

What does that mean? That 35% of the company shares are out on loan - presumably shorted? 35%! And the share price is still going up? Blimey Charlie.

Presumably on any dips now they'll be huge short squeezes as they look to reduce their losses by whatever tiny margin they can - practically guaranteeing that the price is only going one way.

yes. Someone has to own the stock you 'sell', the short seller must deliver them so borrows them from someone. That is why in brokerage accounts i would always put in SELL orders much higher of course but it prevented the agent broker from loaning MY shares out.

[Burwood]

FredClogs said:

twinturboz said:

Tesla still has 35% of float short, could start to get real painful for shorts once that $300 cracks.

What does that mean? That 35% of the company shares are out on loan - presumably shorted? 35%! And the share price is still going up? Blimey Charlie.

Presumably on any dips now they'll be huge short squeezes as they look to reduce their losses by whatever tiny margin they can - practically guaranteeing that the price is only going one way.

yes. Someone has to own the stock you 'sell', the short seller must deliver them so borrows them from someone. That is why in brokerage accounts i would always put in SELL orders much higher of course but it prevented the agent broker from loaning MY shares out.

[HarryW]

Burwood said:

FredClogs said:

twinturboz said:

Tesla still has 35% of float short, could start to get real painful for shorts once that $300 cracks.

What does that mean? That 35% of the company shares are out on loan - presumably shorted? 35%! And the share price is still going up? Blimey Charlie.

Presumably on any dips now they'll be huge short squeezes as they look to reduce their losses by whatever tiny margin they can - practically guaranteeing that the price is only going one way.

yes. Someone has to own the stock you 'sell', the short seller must deliver them so borrows them from someone. That is why in brokerage accounts i would always put in SELL orders much higher of course but it prevented the agent broker from loaning MY shares out.

You've just confirmed I know fk all about brokers and the shenanigans that go on....

[Burwood]

anyone remember Infospace. They went public in 98/99, raising a paltry 75M. The stock went from $10 to $1,300 in 3 years due most to shorts getting trampled and driving it up. It went back to $2 a year later. Shorting and the required cover(buy) can create some seismic shifts

[Burwood]

HarryW said:

Burwood said:

FredClogs said:

twinturboz said:

Tesla still has 35% of float short, could start to get real painful for shorts once that $300 cracks.

What does that mean? That 35% of the company shares are out on loan - presumably shorted? 35%! And the share price is still going up? Blimey Charlie.

Presumably on any dips now they'll be huge short squeezes as they look to reduce their losses by whatever tiny margin they can - practically guaranteeing that the price is only going one way.

yes. Someone has to own the stock you 'sell', the short seller must deliver them so borrows them from someone. That is why in brokerage accounts i would always put in SELL orders much higher of course but it prevented the agent broker from loaning MY shares out.

You've just confirmed I know fk all about brokers and the shenanigans that go on....

Im not sure if they can still do it but in the early 2000s it was mental what went on. Like, the massive online brokers had so many customers they would offset customer buy/sell orders which is totally fraudulent because its not a market price. they saved on exchange fees.

[bmwmike]

Chris1712 said:

Burwood said:

Fundamentals are out the window. Look at these valuations in things like snapchat. Amazing is a joke. It can never earn enough to justify its valuation. Not ever. Back a few years in the UK remember AO listing. I posted here saying ridiculous value. I got shouted down by resident 'experts'. The stock is 1/3rd of listing price!

I also got told persimmon was a dog when it tanked to 13 after Brexit. Now 21 and yielding 7%.

Tesla will never make a penny. Musk is a bit of a con man in my book after his family buyout. It's a takeover punt. Idiots think the world will adopt the tech. It wont

They're not a car company . They're an AI & Clean Energy company, which are undoubtedly two of the biggest upcoming industries. That's why they're valued this high, same goes for Amazon with logistics and AI.

And AWS. I work for a large multi and AWS (along with other cloud service providers ) is a huge part of its long term strategy.

[Burwood]

bmwmike said:

Chris1712 said:

Burwood said:

Fundamentals are out the window. Look at these valuations in things like snapchat. Amazing is a joke. It can never earn enough to justify its valuation. Not ever. Back a few years in the UK remember AO listing. I posted here saying ridiculous value. I got shouted down by resident 'experts'. The stock is 1/3rd of listing price!

I also got told persimmon was a dog when it tanked to 13 after Brexit. Now 21 and yielding 7%.

Tesla will never make a penny. Musk is a bit of a con man in my book after his family buyout. It's a takeover punt. Idiots think the world will adopt the tech. It wont

They're not a car company . They're an AI & Clean Energy company, which are undoubtedly two of the biggest upcoming industries. That's why they're valued this high, same goes for Amazon with logistics and AI.

And AWS. I work for a large multi and AWS (along with other cloud service providers ) is a huge part of its long term strategy.

And? You seem to all forget amazon is soon to be worth half a trillion. On what? Even if AWS made 10 billion in profit it would not justify the current price. And it never will for very obvious reasons, namely saturation.

[bmwmike]

True. Half a trillion of funnymoney.

[g4ry13]

Time to load up on BAE and oil stocks. War is imminent.

[dtmpower]

SXX on the rise...

[FredClogs]

dtmpower said:

SXX on the rise...

I bought mine at 18.5p back in Jan and put a sell order for half the holding at 25p - which it's getting dangerously close too... Don't know whether to cancel it now or just take the profit and watch what happens.

[Shnozz]

I bought at about £0.18 and then kicked myself for missing out at offloading at £0.50. If they get near again I am out in full rather than topslicing.

[FredClogs]

Shnozz said:

I bought at about £0.18 and then kicked myself for missing out at offloading at £0.50. If they get near again I am out in full rather than topslicing.

Hmmmm, it's certainly going to go through more cycles of up and down as the project goes along, could be waiting a long time for it to get to 50p again, then again it could be there by the summer with some good news and the move to the main market, the underlying business case and engineering still isn't 100% proven though so it's always going to be a risk.

Think I'll take the profits as they come.

[Hobo]

Why consider selling now, unless your in it for a quick return ?

The project is funded, work on site have commenced, the company going from strength to strength, etc, etc. Its also about to move to the main market, so will be open to far greater numbers of investors.

I know things go wrong in construction (as work on the commercial side of construction), but its not the most complex project (albeit a relatively large figure), so to me, as someone who owns a few hundred thousand shares (and purchased quite a few of my kids), I have no idea what it will be in 3 months time, 12 months time, 3 years time, however would make a significant bet that it is a considerably larger price than it is now once operational.

[FredClogs]

Hobo said:

Why consider selling now, unless your in it for a quick return ?

The project is funded, work on site have commenced, the company going from strength to strength, etc, etc. Its also about to move to the main market, so will be open to far greater numbers of investors.

I know things go wrong in construction (as work on the commercial side of construction), but its not the most complex project (albeit a relatively large figure), so to me, as someone who owns a few hundred thousand shares (and purchased quite a few of my kids), I have no idea what it will be in 3 months time, 12 months time, 3 years time, however would make a significant bet that it is a considerably larger price than it is now once operational.

Yep. I here that and most importantly I believe they already have some sales tied in for 2020+ for whatever it is they're digging up... But it still resembles pie in the sky to some degree and the money I have invested is very much real to me... There will be further ups and downs in the price, it's such a widely traded share that any bad news or hiccup will see the price become very unstable (I think) I'm not into trading in and out of a share but this is one where I'm think it might be worth buying in and out as things progress just as a precaution. I'm no expert at this, I'm just very aware that a large drop is very possible and if it drops 10% then rises 10% you've still lost money.

[Burwood]

It's perfectly logical for Fred to want to take his gain. It's his money, his appetite for risk. If we all KNEW what stocks were going to do, well...............

[Hobo]

I honestly appreciate that, if that is the reason for the considered sale. If however it was in belief the price was reaching its pinnicale, then personally I believe we are miles away from where it will reach upon operation.

All I know is that the project is progressing at speed, and the company is making massive investments internally to ensure the project goals are achieved. Whilst there may not be massive amounts of works physically progressing on site, I can assure you that there is back of house

[Shnozz]

FredClogs said:

Yep. I here that and most importantly I believe they already have some sales tied in for 2020+ for whatever it is they're digging up... But it still resembles pie in the sky to some degree and the money I have invested is very much real to me... There will be further ups and downs in the price, it's such a widely traded share that any bad news or hiccup will see the price become very unstable (I think) I'm not into trading in and out of a share but this is one where I'm think it might be worth buying in and out as things progress just as a precaution. I'm no expert at this, I'm just very aware that a large drop is very possible and if it drops 10% then rises 10% you've still lost money.

Your views mirror my own. Add that to the fact I am not knowledgeable in the sector insofar as knowing real factors (and not headlines for investors) will effect their share price. Oh, and a healthy dose of cynicism in the mining sector, where most of my biggest losers (and to be fair, some of the biggest winners) have come from - the swings may of course be stabilised if they rise to the main index of course.

[Hobo]

I share you concerns over mining companies to some degree, but take comfort in the fact that a) its on my doorstep so I can literally have a drive out to see what's happening, b) understand the project from a construction side of things, ie build process (its not actually 'that' complicated a project albeit would be perceived to be, b) the contracts on which works are being subcontracted (again, it is far from another cross rail where budgets spiral out of control), and c) getting regular updates about progress

I have no doubt price will fluctuate greatly, as bought in sub 20p, watched it rise to circa 50p, drop to 17.5p, and then rise again. Throughout this though have only added shares, not sold a single one, as fundamentally believe this will be significantly more upon operation than now. I neither have the time nor inclination to try and trade it frequently to increase profits, but have no issue with those that do.

Edited by Hobo on Wednesday 12th April 15:14

[g4ry13]

I bought some for a quick gain. With the trackers and funds buying into it i'll be pretty happy to double my money inside of a month or two if the opportunity arises.