The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Select- word of advice, do not sell in the next 1/2 days. Why? April is traditionally a stellar month for equities. Results day is the end of this month. In relation to the latter, the trend has been a bull run up to results day and a sell off on results day.
In my opinion, this will see 370 at some point this month, so hang in there. It is only a loss once you realise it. I also note a lot of stocks but no funds, maybe try some funds? Safer, leave it to the experts who spend huge amounts on sell side research. Perhaps a UK smaller companies fund/ US Smaller companies fund or even a EM stars fund. The former 2 will be investing in stocks with a lot of operating leverage opportunity having essentially been closed/dormant for the pandemic and lockdown.
hahahah easiest nibble on LSE. I made a watchlist of your 'top picks' from ADVN on HL and its all red.... a sea of red.... horrible to see. I hope you remain positive, bear market for your penny stocks, hows Petrofac going? Should have stuck it on roulette
Poor RookieRSI portfollio must be down over 40% in 2021 and we're only in March.... stay away from the pennies sir.
AEG- ouch
ALBA- ouch
BIDS_ ouch
CCAP- ouch
LSAI- ouch
PFC- OUCH
PNPL- ouchhhhhhhh
I agree this should be up at least 6/7% but not 13% like RIOT, RIOTS volume relative to ARBs is chalk and cheese. However in the same vain on bad days/ bad bTC dips riot tumbles a lot more than ARB so its all relative, don't get your knickers in a twist. Mid term this will fly, short term even on any whiff of positive news this will fly, so relax
hahahehehoho- we get it, you recently went long RIOT and haven't seen their multiple or fundamentals-its fine. It's running on momentum, you will do just fine (as long as BTC rises- check out the volume today- unbelievable ...
Also why do i smell bearish sentiment, BTC is rallying, the bitcoin buzz is back and more institutions disclosing positions in BTC is imminent, relax, ultimately these were needed to expand. RIOT is essentially a garage band miner, 6 employees, shocking hash rate- we are not and certainly, won't be post the texas expansion. So relax, top up on dips and watch this fly with BTC.
the great thing about bitcoin mind is, we are 1 major institution away from a huge 10-12% increase. The last 2 quarters has seen PayPal, stripe, Tesla etc etc (also smaller companies). Given the weakening dollar and silly printing of money the US stimulus, i think company boards would be more than happy to allocate 1-10% of cash in bitcoin.
Unfortunately, the extent of the stimulus package is half why the markets are in this mess (for the past 2 weeks- priced in). treasury yields will no doubt continue to rise today, meaning bonds will sell-off, rates increase to offset inflation, and given the improving economy= tech/growth/loft valuation sell-off.
I am long ARB btw and have been for some time. What is frustrating is how bitcoin seemed to follow the sell off last week. On paper this should be great news for bitcoin, the stimulus package weakness the dollar significantly and plays into the merely printing money narrative. All of the major asian indices down 3-5% today, US future down- lets hope this Sh&&t doesn't continue this week