SHARES - Who's buying what at these Lows??

stylus360

Hi All
I have dabbled with shares for years, plus BTC/LTC and other alt coins.
I have so far purchased Tullow Oil (TLW), plus BTC and both are already showing a nice profit.
I'm considering getting into Lloyds (LLW) as well, not sure about Debenhams as of yet......
Anyone else buying, if so what ??
Cheers

oz0707

Bought some tullow the other month at about 50p when were supposedly priced below asset value. Come to the conclusion I don't know nothing the market doesn't!

couriervanman

stylus360 said:

Hi All
I have dabbled with shares for years, plus BTC/LTC and other alt coins.
I have so far purchased Tullow Oil (TLW), plus BTC and both are already showing a nice profit.
I'm considering getting into Lloyds (LLW) as well, not sure about Debenhams as of yet......
Anyone else buying, if so what ??
Cheers

You'll have a hard job buying Debenhams they were delisted

I've dipped in & out with BP the last couple of months and made a nice profit so far you just need to do plenty of research and don't be greedy

port_of_spain

couriervanman said:

I've dipped in & out with BP the last couple of months and made a nice profit so far you just need to do plenty of research and don't be greedybe lucky

FTFY

BrockStoker

Understand what you invest in. In my case that means sticking to the biotech/healthcare sector. While I haven't bough anything in the last couple of weeks, I did buy a few stocks before that, and plan to buy more if there is further weakness in the sector. If you're interested in what I've been buying check out my thread on this forum, but be warned that investing in biotech is not for everyone, and it's more of a calculated gamble, although I'd argue now (of all times) is a great time to buy biotech/healthcare stocks if you know what you are doing.

stylus360

I got in on GWPH and CARA pharma's, when May's husband was in, i followed. 
Nasdaq but tax form can be done online in minutes.

kinger101

stylus360 said:

Hi All
I have dabbled with shares for years, plus BTC/LTC and other alt coins.
I have so far purchased Tullow Oil (TLW), plus BTC and both are already showing a nice profit.
I'm considering getting into Lloyds (LLW) as well, not sure about Debenhams as of yet......
Anyone else buying, if so what ??
Cheers

I might buy some shares in Johnson and Johnson.  I imagine sales of bandages will rocket if people start catching all these falling knives.

Ceme3000

Tullow up 36% so far today. Not a bad falling knife to have recently caught.

Bruckner

Looking at emerging markets small cap. Been under performing for a few years and really down now. 

port_of_spain

Ceme3000 said:

Tullow up 36% so far today. Not a bad falling knife to have recently caught.

But did you sell just now, for 36% profit, after buying near the close on Friday? If not, this is pointless cherry-picking, a.k.a. returns !!!!!!.

I've got an "exciting" trade going today, in which I sell one fund tracking the FTSE Developed Europe ex-UK Index, with a valuation point at 16:00, and buy a similar amount in another fund tracking the same index, but with a valuation point at 12:00. So for 4 hours (including this minute), I have double exposure to this index! Will I win or lose? So far, I seem to be nearly 1% ahead.

bowlhead99

Bruckner said:

Looking at emerging markets small cap. Been under performing for a few years and really down now. 

No wonder it is 'really down' now. Bad though this crisis is for Western countries, it poses even greater risks in emerging economies. Underlying levels of health and nutrition are generally poorer, public health provision often limited or rudimentary. The lack of welfare systems, and limited ability to borrow internationally, means that emerging economies may struggle to support household incomes. The sort of quarantine measures that slow the path of the disease work best in relatively affluent societies, ones with good social conditions and strong institutions.

The global economy is in the early stages of a major downturn. The level of economic and financial uncertainty is exceptional even by the standards of the financial crisis 12 years ago. Economic views vary widely; they will change as the data and facts change. Markets are not tied directly to 'the economy' but participants form a view on a company based on what outcomes they 'expect' for prospective employees, suppliers, customers and finance providers.

In the West a strategy has emerged: suppression and tracking of the virus, increasing health capacity and maintaining the cohesion and productive capacity of nations. These criteria will measure our progress in the battle against the virus.  How is the strategy going in Indonesia, India, Colombia, Egypt, Chile, etc? Or the frontier markets of Vietnam or sub-Saharan Africa? Have you been tracking that along with the share prices you've been observing? Some slum areas in India had their first reported cases recently and it's really going to hurt as the virus rips through relatively unconstrained.  As an international investor in EM smallcap might think callously -  hey, they have a billion people so can spare some, especially the poor ones that can't afford private treatments. However if your 'emerging markets small cap' company relies on a large population becoming more affluent, or buying more, or providing more people into a supply chain, or consuming banking services etc, you can imagine that company won't be as successful as some of the Western brands.

In my firm it took quite a bit longer to sort out the IT infrastructure for hundreds of staff in Manila to work from home in their accounting jobs and other office-based positions, than it did for (e.g.) London and New York - but we got there. Other firms will not have been so successful, and a great many people do not work for firms that can afford to pay fixed salaries every four weeks without the productivity to pay for it.

[Some of the earlier part of this text lifted from Deloitte's weekly economics briefing this morning, to save typing my own thoughts]