Stocks

[dee]

If your into day trading I'm guessing it wouldn't be too difficult in the first two to pick up all their creditors meetings advertised in the London Gazette - before they get more widely reported in the press.

Sorry...intrigued on getting a jump, but this doesnt make sense to me ? In the first two what ? Could you explain please?

 

[geniejjc]

Well this thread has got me thinking - FYI seems like FRP are getting appointed as Administrators to a number of Signature group companies (They own a number of boutique hotels funded by lots of small investors each company owns a property - potentially has profile and messy) so i'm going to track the price on these appointments.

Insolvency Practitioners can make a lot of money on Administrations far more than liquidation because of time costs - but when I worked for a firm we did two small football clubs and effectively lost money on both.

For the last ten years I've worked with directors in trouble to find the best way to restructure or restart their business and protect themselves personally and broker the insolvency and finance work.

 

[Grant]

I first heard of Zoom because someone mentioned it in a "stocks to look out for" type video

Now I know what it is I seem to see/hear it mentioned multiple times a day; I guess I must have seen it before but zoned out because I didn't know what it was

Feel like I missed the boat with them now with such a huge price increase

For anything like that I'd probably look at LTV, customer growth and compare that to other tech companies and their stock price to start. A lot more variables than that though.

 

[Murray]

I've pulled back now to 1/3 of what I put in originally with a modest profit currently of £150 with shares left in Shell and Roche

Not that I know anything but seeing stocks rise in the past 3 weeks with whats going on in the world just felt very strange, I thought I'd be entering a bear market, this seems like a bull trap

 

[newguy]

I've pulled back now to 1/3 of what I put in originally with a modest profit currently of £150 with shares left in Shell and Roche

Not that I know anything but seeing stocks rise in the past 3 weeks with whats going on in the world just felt very strange, I thought I'd be entering a bear market, this seems like a bull trap

You may well be right. It pays to remember that the stock market is already down a fair amount, plus it's future focused, but the longer this situation drags on for the longer lasting the damage will be. It's a difficult path between protecting health and protecting the economy. I feel like if we do start opening up again, lots of businesses will bounce back. If there's another lockdown further down the line though, that might prove to be a step too far.

 

[martin-s]

Fundraises are probably the thing to watch out for next. Those shares will always take a hit.

 

[Murray]

You may well be right. It pays to remember that the stock market is already down a fair amount

The initial drop was a fair amount but the quick rebound and recovery to just 10% down and at the same levels as this time last year seems crazy and totally out of touch

 

[newguy]

The initial drop was a fair amount but the quick rebound and recovery to just 10% down and at the same levels as this time last year seems crazy and totally out of touch

Yes I think people are playing the long game, thinking that there aren't many places to invest right now, and assuming that a couple of years things will be returning to normal (though for all I know it could be 5 years+). There are so many unknowns. How long the shut down lasts, the speed of which things open up, peoples fear of crowds and travel. I guess it all comes down to a combination of improving treatments, and how long it takes for the coronavirus to work its way through the population.

 

[diablo]

Warren Buffett's company Berkshire Hathaway sells US airline shares

https://www.bbc.co.uk/news/world-us-canada-52518186

 

[newguy]

Warren Buffett's company Berkshire Hathaway sells US airline shares

https://www.bbc.co.uk/news/world-us-canada-52518186

Can't blame him at this time as it's hard to imagine travelling returning to normal well into 2021. You could I suppose argue that he's doing it hoping that people lose further confidence in them so that he can buy when back cheaper further down the line. I can see some airlines going under, but arguably the ones that don't go under may eventually be in an even better position than prior to the virus. Maybe we're talking in a timescale of 5 or 6 years though and as a time line this that feels like an eternity.

 

[Grant]

Maybe keep an eye on their filings, they've been stock piling cash for a while. I assume the minute they announce what they're doing with it, they'll be a mad dash to jump on the train with them.

 

[Murray]

Still been enjoying learning about stock market

One big thing was basic technical analysis, I thought stock prices move randomly depending on news or the markets but they go in trends with resistance and support levels which is important to recognise

I currently only have money in one stock: greatland gold (GGP) - they're a gold exploration company who recently found a large deposit at a site in Australia called Havieron

They're still drilling and discovering just how much gold/copper is at the site, the more they find the higher the stock price is likely to be

They're working alongside Newcrest Mining - It's currently a 70/30 profit split in Newcrests favour because they're putting up the money for the expanded drilling exploration and have a mine called Telfer nearby which can process the gold and copper. Working with Newcrest should take a lot of the risk out of it, having their knowledge and infrastructure already there to mine/process

The price of Greatland has already gone from 2p in January to 12p today based on the current drilling results, but as said above depending on future drill results (released every 6 weeks, next one due in couple weeks) and the price of gold then 12p seems a safe/low entry point with a lot of potential upside short and long term

In the short term I think it's getting ready to breakout to 14-15p with the next drill results

I've put a decent amount of money in them so fingers crossed it goes the way I'm picturing it

 

[dee]

One big thing was basic technical analysis, I thought stock prices move randomly depending on news or the markets but they go in trends with resistance and support levels which is important to recognise

Yep. Check out fibonacci ....turns up everywhere in trading and nature. You have to remember price is driven by people, and human nature is somewhat predictable. I really like bollinger bands also for finding when your getting into overbought/oversold territory. Everything bouncing around a moving average.

 

[Murray]

Yep. Check out fibonacci ....turns up everywhere in trading and nature. You have to remember price is driven by people, and human nature is somewhat predictable. I really like bollinger bands also for finding when your getting into overbought/oversold territory. Everything bouncing around a moving average.

Yep fibonacci, rsi divergence, macd crossover, moving averages, all very interesting to look at

 

[geniejjc]

Ok so inspired by this thread I did a deep dive and switched a lot of things up.

Thanks for the kick

Pulled my 2 existing pensions into Vanguard index funds and have set up a more aggressive pension payment plan.

Always wanted out at 60 - im 45 now but having twins last year has pushed that up 5 years for now.

Can recommend both these reddits - ive joined a whats app and there a various discord groups coming off these as well for short and long term investing.

https://www.reddit.com/r/UKInvesting/

https://www.reddit.com/r/UKPersonalFinance/

I dont think I will be anything more than a passive investor in index funds with the odd short term share dabble.

Waiting for Robin Hood to launch in the UK before i get involved in shares.

 

[dee]

Just as a random thought.... I think we're due another big crash very very soon. Earnings results start to come out this month and previous were as pandemic was new. In the US , cases are spiking through the roof (as lots are being muppets ) S&P and NASDAQ have continued to recover consistently for no real reason. Be careful if anyone is up to the top of their waders.

 

[JMI]

I only buy physical Gold at the moment. Everytime I sell something digital (e.g. a domain etc) I buy some physical Gold and stick it in a vault with Brinks in London. One would be crazy to put anything in stocks or anything paper based at the moment, the only reasons S&P and NASDAQ have continued to recover consistently is due to the shameful QE measures introduced by our moronic governments. There is no free market any more as the govs can control and decide who gets saved, who gets some money, who goes into lockdown and there's no chance of a proper decent old school recession (obviously due to all the QE) which is a natural cycle to clear the deadwood out which was long overdue before the scamdemic hit. People are still borrowing beyond their means and I really think negative interest rates are not far off to get the hoarders to start pumping some cash. Literally my neighbour who was on furlough has just been binned today, we're only a few months away from mass credit defaults. The UK population is only about 40% overweight/obese so why worry about any of this because we can get 50% off a meal we don't need and wash it down with 10 pints of lager... maybe buying some stocks in breweries would be sensible.

 

[Murray]

I still think stocks are there to be played, in the short term anyway

Either way, buy/sell

Might be a good time to buy a volatility etf with a lot of big bank Q2 results coming out this week

I don't see anything wrong in putting some money in a gold/silver cdf on leverage either as long as you time it right when it's bouncing off a strong support level

Bitcoin seems ready to break out too

I don't know enough to benefit from it but I bet if you're a savvy day/swing trader you're going to make a killing off the Q2 results coming out in the next 2-3 weeks

 

[Murray]

I currently only have money in one stock: greatland gold (GGP) - they're a gold exploration company who recently found a large deposit at a site in Australia called Havieron

They're still drilling and discovering just how much gold/copper is at the site, the more they find the higher the stock price is likely to be

They're working alongside Newcrest Mining - It's currently a 70/30 profit split in Newcrests favour because they're putting up the money for the expanded drilling exploration and have a mine called Telfer nearby which can process the gold and copper. Working with Newcrest should take a lot of the risk out of it, having their knowledge and infrastructure already there to mine/process

The price of Greatland has already gone from 2p in January to 12p today based on the current drilling results, but as said above depending on future drill results (released every 6 weeks, next one due in couple weeks) and the price of gold then 12p seems a safe/low entry point with a lot of potential upside short and long term

In the short term I think it's getting ready to breakout to 14-15p with the next drill results

I've put a decent amount of money in them so fingers crossed it goes the way I'm picturing it

I know no one could invest money based off a forum post but this has gone well

My average share price is 12.14 and it's now 20.20 - I'm up about 65% in 14 weeks

 

[newguy]

I know no one could invest money based off a forum post but this has gone well

My average share price is 12.14 and it's now 20.20 - I'm up about 65% in 14 weeks

Good call! My shares have also gone up... not sure whether to let them ride or not. They're within a Lifetime ISA that i'd put 8k total into (just before and after tax year). GVC is up 31%, William Hill 114%. With the government bonus factored in and invested at the same time my 8k is now 15k+. I consider myself fortunate to have got involved when I did!