The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I'm far less confident on point 5 - Lloyds has been undervalued vs the fundamentals for years IMO, largely due to the macroeconomic environment... I don't expect that trend to stop anytime soon.
That's not to say I'm not bullish on Lloyds as a long-term recovery play - I have another 20+ years to retirement, I've got time
The spread probably makes it look worse than it is... it’s just a LTH for now really - top up when it drops to about 1.5p
And anyone who does of Covid 29+ days after being tested positive, or without taking a test isn’t counted - swings and roundabouts.
Isn’t this forum to discuss the Lloyds SP, not whether or not you think Covid is a conspiracy?!
I won't be topping up at this level, purely because I'm fully expecting the SP to fall below 1.5p before any major news on Cali lights the fuse...
Am I the only person wondering how much of a delay GRIT needs in order to publish a set of accounts?!
The 810k buy was mine, will be adding more in a couple of tranches today/Monday... couldn’t see any real justification for the last drop!
Very much disagree with those saying buy and hold, especially today. As I (and others following WEB long term) have been saying for years, this is absolutely a share to trade in spikes - sell today, buy back at c 1.4p, rinse, repeat... keep your eyes on the big prize; the California vote is probably 2 years away still.
Easy (but very welcome) 2.5k profit banked for me today here... an extra 170k shares when I’m back in next - patience is a virtue, this is my retirement share
It’s a reasonable question to be fair... in the case of a share split the historic graphs are rebased to account for the additional shares in circulation, which makes sense because the percentage of the company that you own isn’t affected.
With placings though the percentage of the company that you own is diluted accordingly (uncles you buy more shares)... therefore the historic price doesn’t need to be rebased because that’s still the historic cost price of the shares you purchased.
If you’re buying in now then it does help to be aware of historic placings, because the historic share price will be pretty much meaningless if the have occurred. In other words, don’t look at the 5 year chart here... it was never worth billions and you’ll almost certainly never get £50 a share in the future
Webis is pretty much an object lesson in how to trade volatile shares... buy sub 1.4 and youre pretty much guaranteed you can sell 1.6-1.8p+ within a couple of months... rinse, repeat
I'm certainly not a fan of anyone on these boards openly celebrating when a share crashes, because these boards are primarily used by holders who will likely be nursing losses and so it seems in pretty poor taste to me.
That said, re. the comment about the impact this will have on family and loved ones... if any investor is over-exposed in a high risk stock (and yes, given the current backdrop I've considered CINE to be a high-risk recovery play for months now) to the point that it's going to materially impact their family then they are basically just gambling and they really ought to take a long hard look at themselves.
If you're going to feel sorry for family/loved ones, feel sorry for the staff of Cineworld who are presumably now wondering if they will still have a job in a few weeks' time
I’m not usually a fan of shorting, but anyone who thinks this won’t drop below 20p today is being incredibly optimistic I’m afraid...
Very unexciting vs. the previous 2 Fridays... as I said last week the only thing worse than not trading when you see an obvious pattern is to trade it when you see a pattern that isnt there and get it wrong... it seems like Friday spikes are far from a given
If it happens again this Friday I’ve already decided to trade into it... I’d have over 4’000 more shares now if I’d taken my own advice last week
I guess the only thing worse than not trading when you see an obvious pattern is to trade it when you see a pattern that isnt there and get it wrong... dilemma!
I did say this time last week that it wont touch 60p in August and I'm holding firm on that assertion
This happened exactly a week ago and then the gains were gradually eroded over the course of the week... hopefully there's more substance behind this rise... resisting the urge to 'day trade' this around the 50p mark to be honest