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Hi D, well you are very kind and I am pleased if any of these ramblings are in any way helpful.
I wouldn't dream of offering advice on HE1 if for no other reason I am sure you know exactly what you are doing so the very best of luck with it and all the other investments, no, gambles, no, investments ha ha!
Hi Wyn, thanks very much for all that. Must have taken some time and effort to write bearing in mind you have better things to do I'm sure.
It's all extremely interesting and an insight into how to do things a bit better than I do at the moment. It really is quite addictive as there are several shares I'd like to back a bit more but lack of funds mean I shall have to be patient. My HE1 went up again today so 74% up, but it's a huge gamble. I suspect that bad news would bring an immediate fall to bring me a loss, but good news would give me time to invest more as it's not the most obvious share. When Angle came out with good news the other day, not much happened through the morning! It took a day or two to sink in.
I still feel Eve has room to move up; I do think CC will get the balance about right. (Hortic, the difference to me between eve and other bed-in-a-box outfits is that they are actively increasing their range of sleep products. You wouldn't, I don't think, find the others selling the extras – like PJs – and which I'm guessing a lot of people will be buying on-line now some of the big statures have left the high street.)
Anyway, another day closer to Thursday for the big news (if it finally arrives!) elsewhere that people have been waiting for. It's good of you to keep posting despite the stick you get over there.
All the best, D.
D: it wasn't that hard and fast. I looked up in the HL diary companies reporting that month and for those I didn't recognise I would look them up and do some basic research. If there looked to be an opportunity I would buy anywhere between 2 weeks and the day before results.
On the day I would play it by ear and sometimes sell straight away and sometimes leave it to the following day. It was a bit hit and miss particularly as some results were just plain good/great but the SP would fall 5%.-10% Invariably they would recover over the next few days, so I fine tuned it to only putting in half the amount I normally would and held the other half back for such an occurrence and then it was pretty much wyn/wyn, (see what I did there!) but if I had got it wrong then only half was committed with obviously only "half" the loss.
This is the approach I have taken with G4M, so I have funds ready if its good results but the crafty MM's shake the tree a bit to get a few stops activated then I can buy some more if I want.
All that has happened recently is that I have stumbled across what genuinely looks (to me) to be high chance multi baggers so I am giving them time to play out (and its killing me!)
But having said that AVCT has doubled since Jan (on a support level I identified and posted about), and AGL has gone up over 30% over the last 2 days but that has been much more "get in fast " irrespective of any TA because they simply were always likely to move quickly on the back of news or simply people taking the same view as me... just get hold of some asap. (Although 84p was an obvious resistance but when it went through it on Friday I'm not sure any PI could have bought then at that price.)
As you can see I would have to write a book about this but that's partly the problem and why some actively dislike TA, its not easily explained in just a few sentences and easy formula's.
EVE is a good example. most of me (nearly all) thinks this is a good bet over next 6 months, but I keep hesitating to pull the trigger. Something is holding me back. So I will wait, and If I miss this one, that's ok, you can't wyn them all (boy am I on fire tonight!).
So I am relaxed and happy to do 180 turns on a sixpence if something occurs to me that makes me completely change my view, which is why it seems I blow hot & cold so much over these stocks. (Its not been an issue in the past when, as soon I had bought them I was just waiting for the chance to off load.
So its a new experience and apart form all the abuse (ha ha) its nice to have a chit chat and share thoughts & ideas while waiting for events to unfold. GL
Well this was my first ever post on LSE and as the expression goes, that escaleted quickly. I've got to be honest im still no clearer to understanding what this companies moat is compared to the other competitors or if the thought of commercial uptake by hotels etc can be substansiated. Then again, i dont know what i was expecting. GLA, i think i will keep it on the watchlist.
Wyn, when you were buying and selling FTSIE 100 / 250 companies around results time, were you selling the day before the results, or on the day of results? When did you find the peak selling price was, more times than not?
I know we struggle to maximise our money but I used to have RMG as my main investment / first investment after Vince Cable made people open an HL account to take part in the IPO at £3. Without RMG and Vince Cable I wouldn't have shares.
RMG went up, and I bought more. It went down. I sold on a small rise (at around 180p) and now it's back above £5! If I'd done nothing I'd perhaps be about where I am now; it's ironic to me anyway!
BBB, my entry point will be when I feel more comfortable about EVE's long term future. Don't when that will be, could be tomorrow could be never. Its a lovely game. It's the not knowing that makes trying to solve the puzzle such fun. GL
Wyn more to the point what is your entry point?? As you clearly want in & see value with EVE or you would not send so much time on BB trying to scare people that they made the wrong (bet) so they sell IMO! Hope you join the good ship EVE soon. Ps regarding your promise I won’t hold you to it all opinions are welcome for a balanced BB good luck Sir/Madam regards BBB
BBB, I know I know I promised but...
What will EVE's SP be in 18 months time?
(you don't know? Then why did you buy the stock?)
Truly that's it, I got nothin left.
Thanks for the promise ! however i find your logic somewhat illogical apart from the point of from your post " as i say i never win with my logic so clearly it really is rubbish!" at last we agree on something so your bet paid off well done Sir/madam every one a winner! regards BBB.
Well, you say that D, but I now have a diversified portfolio of (high risk) bio pharma's and a small (high risk) miner.
(I don't count G4M as its just a piddling little stake that I will sell if the results give the SP a bump this week)
However, I don't know how covid is going to play out yet. Govt's have bankrupted themselves and there is now a risk of inflation in which case we are doomed (I will be buying gold as insurance shortly).
Least worse case might be higher taxes therefore less disposable income. In which case that's retail done, online or not, Ditto holidays, leading to higher unemployment, more govt stimulus and then definitely inflation.... (I'm normally a happy soul, really, I am!)
So green miner (BMN) because it just seems a good 2-5 year bet, and the 2 bio-pharmas are going to help solve covid and save lives through their cancer therapies which I think there will always be a market for.
So this is my risk-averse philosophy right now....once it dawns on me we are not actually doomed I will probably let my hair down and buy some EVE stock! :0))
I promise to stop now because as I say I never win with my logic so clearly it really is rubbish! so last go:
The timing of the potential payout is irrelevant. I am trying to define that there is no difference in the term investing as opposed to gambling.
If EVE does not go bust and in 2 years you sell the stock you will have either one or lost an amount of money.
(If you never do sell the stock then what's the point.... Ah! dividends you say!! but what if, (say its BP) and you bought for the Div's and then they have an oil well explosion and suspend the divs?.
Its unexpected but given, with all the uncertainty that come with buying any stock, that it is also a given that you don't know the future outcome, irrespective of the time the stock is held.
And we do all agree buying shares has a high level of uncertainty to the out come surely?
So my definition is that Investing is actually another word or way of saying " spend "and they are completely interchangeable in any context, whereas I understand the word "gamble" to mean unsure of the outcome of a future event.
"I invested (spent)money in EVE shares, gambling they would increase in value"
"I invested (spent) time with Firex & BB in the hope (worse than a gamble! ha ha), they would change their view "
I'll get my coat.....
The only post from Wyn I'd vehemently disgree with was when he said, possibly more than a year ago, that he'd become a more risk-averse investor!
I get your point, however I think it would be highly unlikely they will go bust as they would probably do a placing. I'm completely comfortable with my holding 50% in a ISA for a LTH (circumstances could change) and 50% in a trading pot for when we reach NebelSTEFANs 10p. GLA
wyndrum your missing my point that a bet at the bookies is settled after the result. However if my investment or (bet) just for you drops 20% i have lost nothing unless i sell!! so if i it rises 30% and then sell i gain 10% and the fact it dropped 20% is not relevant unless i sell at a 20% loss simples!! good luck with your entry point regards BBB
So then Firex, if I go to the bookies and bet on a white Christmas for 2022, then its an asset because its set in the future?
I buy shares in EVE through a broker and they go bust in 2022.
Whats the difference ? :0))
Iam invested since months. could sell with profit but this is a long term hold for me. i wait for agm
NebelStefan, I think your call on 10p is relatively realistic, the trouble is with AIM people expect to bag a share in a week or 2. As for the gambling aspect, if you buy a share in a company you are still holding a asset. If you place a bet with a bookie and lose, you have nothing. GLA
Realistic targets like 10pence with a potential profit are ramping?
Big boy, I don't think so, all you are saying is when you cash in on the bet can be different depending if its a fixed time event or not
That (in my book), is nothing to do with when you take the bet out and how you class it.
But I think I have never ever, in all my years taking to myriads of people, ever, changed their minds that they are not "investors ", they are "gamblers" so clearly my argument sucks! GL
Nebel - you have become the biggest ramper on here. I feel sorry for the newbies reading your updates/blog posts.
Big big difference in fact a huge difference between gambling and investing .... a bet at the bookies is settled immediately after the bet has won/lost ! investing is only settled if choose to sell your investment! we all know this ladies and gentlemen please don't dress it up to be something its not! the SP goes south and north that's normal trading! you gain or loose nothing until you sell back to them pesky old MM IMO. DYOR regards BBB.
I agree Firex, I have said it before, but its a crap shoot no matter what method is used to pick and buy stocks. Whether it should be or not is not so much the point, the reality seems to be more than ever its simply another way to gamble, and Goodness Knows, we all do like a flutter....
The derampers are back. We see blue numbers and then the deramping starts. Funny guys here.
Your right wyndrum, I was in NCYT gambling on the NHS extension and we all know how that panned out. I get a little frustrated when people start posting "it's going to gap back to 85p" or "it's dropping to 1p" which causes volatility and good people lose money because of some BS posts.
and also Firex there could be a third reason, which is to pass on experience?