Suggestions for a speculative punt?

adindas

Another EV play that have potential to explode and also good for long time holding, in my personal opinion is Gores Guggenheim, Inc. (GGPI) a SPAC which will merge with Polestar an EV company.

The fair price for SPAC is normally the NAV value which should be around $10. Also it is not uncommon with the SPAC stock the Price will drop significantly as soon as the ticker symbols change, however good the stock is, due to negative sentiment around SPAC/

SO it is good to exit before the ticker symbol change and re-enter again at a lower price if possible.

adindas

LUCID (LCID) performance it is already up 3X+ in the kast three months. It is probably time to take some profit better if you take out your original investment if you invest in this stock. That is what I wil do. RSI indicator has shown an overbought territory.

GGPI (Polestar) has gone up 50%+ since I  mention it three days ago.

Cus

I sold my whole lot yesterday afternoon when I realised that the company was worth more than VW...

adindas

Cus said:

I sold my whole lot yesterday afternoon when I realised that the company was worth more than VW...

Good decison, I took most of my position since yesterday and today again. I will be readding my position when the price drop to around $28 e.g around the strong support level.

The only people who lost money in the stock like this are  the people who are impatient, FOMO buying and panic selling.

Already have a very small position in GGPI (Polestar) I am waiting another good entry point to add my position for GGPI (Polestar).

Ciprico

Not as volatile as EV stocks but may negate some of the risk is investing in battery technology/manufacturers/lithium miners etc 

Similar concept to stores selling shovels to californian gold prospectors got richer than most miners in the 19th century.

Batteries also have potential in other green energy applications and more gadgets... 

Check out batg  and chrg etfs...

csgohan4

There has been a new variant of Covid which could potentially bring the world on it's knees again.

I expect alot of the airlines and potentially hospitality shares may be a bit more volatile over the next days to weeks. I have a sizable share in IAG and I expect it to drop a further 20-30% tomorrow sadly.

My crystal ball tells me. It will be like it was in March 2020 and if the variant proves to be bad as it is, I expect another repeat of last years depression.

Potentially you may want to derisk in the hospitality/ entertainment/ travel sector and wait and pick up the stocks that drop for penny stock investing again or just watch and wait. 

sevenhills

csgohan4 said:

There has been a new variant of Covid which could potentially bring the world on it's knees again.

Potentially you may want to derisk in the hospitality/ entertainment/ travel sector and wait and pick up the stocks that drop for penny stock investing again or just watch and wait. 

It seems like predicting the stock market is done better by a virologist than an economist.

The UK has had many of its people vaccinated and many have had COVID, surely that is enough to stop another wave here.

I have noticed Cineworld shares going down again(16% in five days), whilst Wetherspoons only down 1%

Thrugelmir

csgohan4 said:

There has been a new variant of Covid which could potentially bring the world on it's knees again.

Didn't realise that the old variant had been dealt with. Energy stocks have made for a more interesting trade over recent months. 

csgohan4

Thrugelmir said:

csgohan4 said:

There has been a new variant of Covid which could potentially bring the world on it's knees again.

Didn't realise that the old variant had been dealt with. Energy stocks have made for a more interesting trade over recent months. 

I am not talking about the current variant but a new emerging threat, already asian stocks are down
https://www.bbc.co.uk/news/health-59418127

 Surprising INRG is on the rise again

I dodged a bullet with CINE last year, but they continue to be significantly in debt with no end in sight. Even Reddit won't save them

Zola.

csgohan4 said:

There has been a new variant of Covid which could potentially bring the world on it's knees again.

I expect alot of the airlines and potentially hospitality shares may be a bit more volatile over the next days to weeks. I have a sizable share in IAG and I expect it to drop a further 20-30% tomorrow sadly.

My crystal ball tells me. It will be like it was in March 2020 and if the variant proves to be bad as it is, I expect another repeat of last years depression.

Potentially you may want to derisk in the hospitality/ entertainment/ travel sector and wait and pick up the stocks that drop for penny stock investing again or just watch and wait. 

Hard to know what to believe anymore! I don't see us going back to March 2020 style lockups and flash crash, but who knows. 

If everything does crash hard again I think it could be a longer crash with more FUD, but then again the governments have just printed more and more money to paper over the cracks, so what's a few trillion more when the debt is already unpayable.