Member Info for Wulbert

Wolfoware, can you post a link to that tweet please?

Can't find it.

Had a look at US solar panel stocks on the back of the Tony Seba presentation. It seems US solar cos are in a bit of a doldrum at present. There seems to have been an oversupply and little to differentiate between products.
When I searched for "best solar panels" one company mentioned was SunPower (SPWR NDQ). I've been watching their stock for a few days.

It took off today, showing 15% up on the day. Reason is that Trump has relaxed the 30% tariff on the products it makes in Mexico and other non US places. Might be of interest to some?

https://wimz.com/news/articles/2018/sep/18/sunpower-receives-exemption-from-trump-tariffs-shares-soar/

Do your own research, you may lose all your cash.

My stop loss ( revised around the time of the mid 180's rise) was triggered this morning as the price dropped to 167 around 8:45am. (even though the stop was set a bit lower).

Hastily bought back in at 170.8, losing a few shares off my holding in the process.

Very annoying, especially as my nice green profit is now showing an ugly red loss. I'll clearly need to revise my settings to allow for this type of fluctuation, or just go back to my trusty method of buy 'em and forget 'em.

Mac 57. I agree it seems counter intuitive (and I do not want to start a huge O/T debate about the merits, or not, of welfare etc).
Perhaps we must look at things differently in the future?

As a self employed person myself, I still need the state to keep my customers educated, safe from crime, healthy and economically active so they can buy stuff from me. In return, I pay a share of my turnover to the state in order to provide me with a steady & replenishing supply of viable customers.

Some tax experts take the view that ALL money belongs to the state ( since they create it) and it is loaned to all of us, to use as we see fit, in order to make ourselves wealthy. In return, we pay a proportion of their own money back to them as tax. Since it was never "our" money to start with, we should pay tax with good grace.

In any case, who would want to be wealthy in a country where there were hoards of dispossessed, desperate, poor people on every street corner eyeing you up as a target?

AduK, Re; "Near term catalyst" ?

Might translate as "something happening soon"?

Doesn't sound as impressive though. When you're charging £1k/hr, or whatever these bods charge, you need to dress up the language a bit.

Thank you WWN & others for your responses. I understand better now.

I'm still curious as to what this means:

"We initiate an Overweight rating, given the 27% upside in the base even without thevalue of contingent resources..."

Can anyone help me to de-cypher it?

(My previous post asking the above was ignored. Perhaps it's a dumb question, in which case tell me why. Maybe I don't have enough credibility to merit a response?)

I watched the video and started looking into stocks for solar panel makers or the commodity suppliers thereof. Interestingly demand (in the US) for solar panels seems to have tailed off after 2017 (when the video was made) and is experiencing a slump according to the article below.

Could this be because there are powerful vested interests in keeping the O&G sector alive for a few more years? (my own interest included, as a holder of HUR) or is it still that solar panels on the roof are still at "second mortgage" type prices?

PS: I bought into VRS as an interest in graphene after I realised that my holding in AGM ( Applied Graphene Materials) was a dud (500p to 44p over 4 years). I put what was left into VRS at 123p and haven't looked back. Wish I'd found it years ago, but still happy to be here.

https://finance.yahoo.com/news/why-solar-stocks-struggling-2018-000100485.html

Dalester: "All of this requires Government to make huge decisions about population and what to do with millions of people who may well become unemployed. Its hard to see what low skill industries will replace those that will be lost and that will be the real challenge, rising population and falling need for low skilled workers is a toxic mix."

I agree about the mass loss of jobs about to happen. One solution is for governments to pay a citizens income to all people of working age. Essentially it would a birth right to a share of the income which our country generates. It could allow some people who are happy to live on a lower income to pursue voluntary work or creative arts. Together with a shorter working week (say 3 - 4 days), which would create more jobs, it could offer a working alternative to the nightmare scenario of 40 % unemployment and stratospheric levels of inequality.

In terms of useful, meaningful work for those whose skills are no longer required by industry, we could start an international programme of planet remediation; e.g cleaning up the great plastic garbage patch, tree planting, bio tech solutions to contamination, disease eradication, self build social housing etc.

Whatever we do, "business as usual" is not going to cut it in the near future.

Excuse my ignorance but what does this mean?

"..We initiate an Overweight rating, given the 27% upside in the base even without thevalue of contingent resources..."

Are MS saying that the current SP is "undervalued" by 27% i.e. it is not a full reflection of where HUR are at present?

Well, escargot, I apologise for taking insult where none was meant. Sorry.

I see where you were coming from now. Good point. My mistake.

Best. W.

Thank you very much for your condescending and patronising post escargot.

Presumably you were born with deep knowledge of the way financial markets operate? You never had to learn anything from another person?

Slug by name, and it seems nature too.

I think it's a reference to the "Naked Trader"'s author Robbie Burns sharing a moniker with Scotland's national poet Robert (or "Rabbie") Burns.

One of his (Rabbie's) most famous poems is "To a Mouse" and begins; "Wee, sleekit, cowrin, tim'rous beastie,
O, what a panic's in thy breastie!"

I've just read the Robbie Burns book. I was pointed to to it by a poster on this BB.

It's pretty good. Basic info and easy to read in a few of hours. It's written in an easy-to-digest style that aims to simplify rather than mystify the way the market works. I would recommend it as a first step that gives enough info to take a step into sensible, measured trading ( although I don't want to trade myself) or just buying stocks and understanding what might be happening when the price moves about.

It's written in a laddish, matey style that some may find annoying, but which worked for me as I have difficulty absorbing & remembering detailed written info (especially without pictures!).

Thanks Gibbo and others for your thoughtful and measured responses. I think I expected a bit of a ****ging, so pleased/relieved at your comments.

I do still have a few WSG shares, just a handful to keep some interest. I can see that the share has "support" at 7p -10p so I agree it probably won't go lower. ( so yeah, not a great time to sell, but I just wanted a rest from the tension)

When I decided to look at past performance of WSG rather than future hopes as a metric, I see a slow decline in SP over 3-5 years, albeit with occasional peaks. I'm not really of a trading mentality and watching the news from Iran daily I find stressful. There does seem to be some history of bad luck (Ebola, the ferry debacle, Trump) and, to some extent, we make our own luck running a company. I do agree that this could be the turnaround and I'll be kicking myself in a couple of weeks.

I'm more of a plodder; buy a reliable profit making stock and leave it alone for 5 years. No way to get rich but a viable alternative to the building society.

Re; the sanctions etc, there is a wee bit of me worried that deals like ours will be chucked on the bonfire by UK gov. to appease the USA as we leave Europe and cosy up to our new buddy Trump. ( Having said that, recent events show that Trump has a "resistance" within his own enclave, so maybe others in US gov. think his sanctions position is untenable)

Tomorrow is a new day. I'm having a tidy up of my portfolio just now and trying to have a coherent strategy. Maybe WSG has a place there? I'll give it some thought.

Cheers.

Hi threeputt,

You are correct. Thank you for your interest and help.
Yes, I have an older version of the Naked Trader book. At the point I had read up to, the author said he doesn't buy "penny" AIM stock, but then later on in the book he says he does trade in some AIM. So my original post was mistaken on that point.
My copy is second edition published 2008 and pre-crash by the sound of it. Out of date, but the general strategy advice still holds. Only cost me pennies from A.....N. I'll get a newer one, keen to read his take on the crash.

I'm happier without the other stocks since I had little faith in their BoDs. I used the few hundred quid left over to buy more HUR on Friday and I am much happier with this one. HUR is a serious endeavour by people I've grown to respect who seem to have integrity.

(My original £3k stake in HUR was, I'm embarrassed to say, another impulse buy. Heard about the "big discovery WoS" on the car radio (March '17) and pulled over to buy some. Added a fair bit more since then as I learned more about the project)

I originally came here from II, when their board was "upgraded" and became very difficult to use.

I'm going back there mainly now. This place is too stressful.

It's a pity because there are some real nuggets of information on here. Personally I don't mind if someone posts info about a negative of risky aspect (in their opinion) of a share I hold. It's all information and someone else usually comes along with an alternative viewpoint.

This need to "call out" people we disagree with is spoiling so much of our debate these days.

I've cashed in all but a handful of my WSG. I've had a cull this week of shares that made me uneasy and this was one. Sold on Wednesday at 10.5p and 52% loss.

What I've learned is not to trust people who jump boards to hype a share ( which is how I heard about WSG (and VLS, another loss maker)). I hope it all goes well for those with the courage to continue holding.

Sorry, wrong board. Please ignore. Too much beer. I'll get me coat.

All the best.

Sold all but a handful of my VLS on Monday at 8.7p at a 48% loss. Frankly, I'm relieved to be out.

This was one of 3 shares I bought after "tips" from people jumping BB's to big up their shares. More fool me, I deserve all I got.

I hope they get the reactor back on track and everyone here gets to turn a profit at some point. I'm sorry to not be part of the renewable energy sector any more but the lack of any concrete information was doing my head in. I realised I didn't understand the process or the business model.

I hope you all do well and that I'm kicking myself for selling in a couple of weeks. The idea sounds good but it's not a share for me.