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Suggestions for a speculative punt?

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    adindas said:
    Dandytf said:
    Enjoying Loss reduction in TGP venture.
    Losses cut from -54% down to-50%
    @Thrugelmir  -Let's hope this continues.
    Thanks
     

    This is evidence that even you are a value investor, you are not immune from the Market/Sector Rotation, Market Correction, Market Crash. This stock is even doing worse than growth stocks.


    Why do you regard TGP as being a "value" stock?   
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 24 February 2021 at 10:37AM
    adindas said:
    Dandytf said:
    Enjoying Loss reduction in TGP venture.
    Losses cut from -54% down to-50%
    @Thrugelmir  -Let's hope this continues.
    Thanks
     

    This is evidence that even you are a value investor, you are not immune from the Market/Sector Rotation, Market Correction, Market Crash. This stock is even doing worse than growth stocks.


    Why do you regard TGP as being a "value" stock?   

    TBH I have not checked the TGP Fundamental. But I understand you are advising this stock and you are a great defender of value investing and always criticise those who are investing for growth companies which is yet to make profit. lol.

    But since a few days ago all stocks have been tanking due to the market correction and market/sector rotation. All stocks are effected, it is does not really matter whether it is a value investing or investing for growth.



  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    adindas said:
    adindas said:
    Dandytf said:
    Enjoying Loss reduction in TGP venture.
    Losses cut from -54% down to-50%
    @Thrugelmir  -Let's hope this continues.
    Thanks
     

    This is evidence that even you are a value investor, you are not immune from the Market/Sector Rotation, Market Correction, Market Crash. This stock is even doing worse than growth stocks.


    Why do you regard TGP as being a "value" stock?   

    TBH I have not checked the TGP Fundamental. But I understand you are advising this stock and you are a great defender of value investing and always criticise those who are investing for growth companies which is yet to make profit. lol.

    But since a few days ago all stocks have been tanking due to the market correction and market/sector rotation. All is effected, it is does not matter whether it is a value investing or investing for growth.



    Not advising this one stock particularly. Just one of interest.  With a market cap of just £35m falls into the micro sector insulated from the wider market movements. Rises and falls on it's own fundamentals. 
  • adindas said:
    adindas said:
    adindas said:

    CCIV (Churchill Capital IV)

    I mentioned this stock before and the potential Merger with Lucid Motors a Luxurious EV maker. When the merger with Lucid motors is confirmed, boom it is going to the Moon.

    There is already evidenced in FOMO (fear of Missing Out)

    https://markets.businessinsider.com/news/stocks/churchill-capital-iv-stock-price-lucid-motors-acquisition-merger-venrock-2021-2-1030078128

    CCIV (Churchill Capital IV) jumps 13% amid hopes it's nearing a deal to acquire Lucid Motors

    Those who enter the game earlier Tail or Head either case you still win. Merger confirmed, it will increase your profitability, merger failed you still win as you will liquidate your position with a smaller profit. Playing a SPAC near NAV in sexy industry (E.g EV/ESG, FinTech, etc), good management team with big enterprise value is the name of the game. Keep in mind in SPAC stock before the merger date you are protected by the floor price of $10.

    Surely the possible merger is built into the price now no? 
    I do not think so, but I might be wrong. But certainly is risky at the curent price. Lastweek volume was very big. You might want to wait until there is a pull back anf find a good entry point and sell it before the merger and reenter again later at a lower price when there is a good entry point.
    Alternatively wait until the merger gone through. Normally the price will drop after the merger date due to a lof of people are taking profit
    Some analysts predict Lucid Motor is one that could compete with Tesla. Although I myself think it might be only true the EV itself but not in technology. Telsa has built an ecosystem of EV.



    Something happened around the 7th January. I'm assuming it was possibly the talk of a merger. It goes from around $10 to almost $40 in the space of just over a month. Thats not exactly normal and probably has the merger potential built in. If the merger happens may not increase much and if it doesn't go through the price will drop.

    We did talk about CCIV a few days ago did not we. See what has happened recently. It jumps to +31.82% in just one day. This is even before the merger is confirmed. It has reached what has been predicted before $50+ (it reached $55) even before the merger is fully confirmed. When the merger is confirmed it could easily reach  $70+. People could easily predict if they could research who Lucid Motor is.

    Hope you sold any stock. Completely nosedived.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 25 February 2021 at 12:25AM
    adindas said:
    adindas said:
    adindas said:

    CCIV (Churchill Capital IV)

    I mentioned this stock before and the potential Merger with Lucid Motors a Luxurious EV maker. When the merger with Lucid motors is confirmed, boom it is going to the Moon.

    There is already evidenced in FOMO (fear of Missing Out)

    https://markets.businessinsider.com/news/stocks/churchill-capital-iv-stock-price-lucid-motors-acquisition-merger-venrock-2021-2-1030078128

    CCIV (Churchill Capital IV) jumps 13% amid hopes it's nearing a deal to acquire Lucid Motors

    Those who enter the game earlier Tail or Head either case you still win. Merger confirmed, it will increase your profitability, merger failed you still win as you will liquidate your position with a smaller profit. Playing a SPAC near NAV in sexy industry (E.g EV/ESG, FinTech, etc), good management team with big enterprise value is the name of the game. Keep in mind in SPAC stock before the merger date you are protected by the floor price of $10.

    Surely the possible merger is built into the price now no? 
    I do not think so, but I might be wrong. But certainly is risky at the curent price. Lastweek volume was very big. You might want to wait until there is a pull back anf find a good entry point and sell it before the merger and reenter again later at a lower price when there is a good entry point.
    Alternatively wait until the merger gone through. Normally the price will drop after the merger date due to a lof of people are taking profit
    Some analysts predict Lucid Motor is one that could compete with Tesla. Although I myself think it might be only true the EV itself but not in technology. Telsa has built an ecosystem of EV.



    Something happened around the 7th January. I'm assuming it was possibly the talk of a merger. It goes from around $10 to almost $40 in the space of just over a month. Thats not exactly normal and probably has the merger potential built in. If the merger happens may not increase much and if it doesn't go through the price will drop.

    We did talk about CCIV a few days ago did not we. See what has happened recently. It jumps to +31.82% in just one day. This is even before the merger is confirmed. It has reached what has been predicted before $50+ (it reached $55) even before the merger is fully confirmed. When the merger is confirmed it could easily reach  $70+. People could easily predict if they could research who Lucid Motor is.

    Hope you sold any stock. Completely nosedived.
    Indeed, for me myself I play SPAC stock near NAV and sell it before the merger date.
    I already sold some of my position but I wish I would have sold more.  But anyway the rest of my CCIV I am holding is still doing 90%+. I might want to keep it as a long term holding, as I believe Lucid Valuation should be quite similar to NIO. With that valuation will bring Lucid motor $50+.
    I feel the pain for those who bought it at around $50+. But now it might be a good time for those who want an exposure to a good EV market.

    What happen to CCIV is quite unusual to SPAC stock. In the SPAC lifecycle when the deal is announced they normally jump but this did not happen, in fact it is just the opposite. But I believe what happen to CCIV is highly effected with the Market rotation / market correction in tech stock especially in EV stock. It is not just CCIV/LUCID but also well known EV stock such as Tesla, NIO, XPeng, LI Auto.

    But when CCIV still fall below below $23 I will buy more and will keep it for a long time holding.

  • My preference for speculative punts are options. Today some of my positions expired worthless. I bought some others this morning for 70c, sold some of these 90 minutes later for €3.50 and the rest of these expired in the afternoon at €3.47. I finished the day with more profits than losses. Options can be a quick way to lose a lot of money or they can be a safe way to protect assets, depending on how they are used.


  • adindas
    adindas Posts: 6,856 Forumite
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    edited 25 February 2021 at 12:28AM
    maxsteam said:
    My preference for speculative punts are options. Today some of my positions expired worthless. I bought some others this morning for 70c, sold some of these 90 minutes later for €3.50 and the rest of these expired in the afternoon at €3.47. I finished the day with more profits than losses. Options can be a quick way to lose a lot of money or they can be a safe way to protect assets, depending on how they are used.


    Well, people play option with US platform. In the UK/EU you could play CFD, but I am not aware any UK regulated platform where you could play option.

    Also, I think people prefer an account where their gain is protected from the taxman.This mean Option, CFD is not a favaurble choice.

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    adindas said:
    maxsteam said:
    My preference for speculative punts are options. Today some of my positions expired worthless. I bought some others this morning for 70c, sold some of these 90 minutes later for €3.50 and the rest of these expired in the afternoon at €3.47. I finished the day with more profits than losses. Options can be a quick way to lose a lot of money or they can be a safe way to protect assets, depending on how they are used.



    Well, people play option with US platform. In the UK/EU you could play CFD, but I am not aware any UK regulated platform where you could play option.


    Open a full-service stockbroking account. Plenty of firms listed on the LSE. 
  • adindas said:

    Well, people play option with US platform. In the UK/EU you could play CFD, but I am not aware any UK regulated platform where you could play option.

    I had a successful run with UK CFDs but my broker (Degiro) stopped offering these. I am happy to recommend my broker but, if you want a very extensive list of regulated UK options brokers, the LSE website lists all their members. Similarly, the Euronext, Eurex and other stock exchange sites will list members. Anyone trying to find a UK options broker by googling may land on Saxo, who should be avoided. I think that Jarvis offer options.

    There was a time, many years ago, when FTSE 100 traded options prices were listed daily in The Times and options were a normal part of most UK brokers' offerings. Then LIFFE got taken over. Today it is indeed not a widely advertised product with UK brokers. I trade European options through Degiro. Degiro are FCA regulated, they accept UK clients, they have a presence in UK but their main operation is in Netherlands. They are a full trading member of Euronext.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 25 February 2021 at 12:40PM
    maxsteam said:
    adindas said:

    Well, people play option with US platform. In the UK/EU you could play CFD, but I am not aware any UK regulated platform where you could play option.

    I had a successful run with UK CFDs but my broker (Degiro) stopped offering these. I am happy to recommend my broker but, if you want a very extensive list of regulated UK options brokers, the LSE website lists all their members. Similarly, the Euronext, Eurex and other stock exchange sites will list members. Anyone trying to find a UK options broker by googling may land on Saxo, who should be avoided. I think that Jarvis offer options.

    There was a time, many years ago, when FTSE 100 traded options prices were listed daily in The Times and options were a normal part of most UK brokers' offerings. Then LIFFE got taken over. Today it is indeed not a widely advertised product with UK brokers. I trade European options through Degiro. Degiro are FCA regulated, they accept UK clients, they have a presence in UK but their main operation is in Netherlands. They are a full trading member of Euronext.

    Thanks for that.

    I am aware that FCA regulated platform could be checked/searched here.

    https://register.fca.org.uk/s/

    I think people prefer an account where their gain is protected from the taxman e.g., S&S ISA account, SIIP account for their investment. I wonder which investment platform will allow you to do option/CFD trading but wrapped under ISA/SIIP account.

    Also, the purpose of a speculative investment investing in individual stock is that you would want to manage investment by yourself, without involving the third party.

    People would want to avoid paying £5-£11 per share dealing fee. If they want to trade frequently, they will choose zero (or near zero) fee trading platform.

    As far as I am aware of it is only a few exist here in the UK.

    Comparison job is now relatively easy as people could eaily compare it using this

    https://brokerchooser.com/

    https://comparebrokers.co/

    If you coukd find better than Trading212, FreeTrade, eToro in term of trading fees, please let me know. Unfortunately eToro does not offer SIIP/ISA, but all of these small guys are covered by FSCS.
    DeGiro is not covered by FSCS, but it is stil covered by similar compensation schemes to FSCS from another country.
    I think IG is also good, but have not looked into detail.
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