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Suggestions for a speculative punt?

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  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    edited 10 July 2020 at 11:01PM
    BYD has nearly doubled since March.
    Should cheer Warren up some.

    Hah ! Id stopped following that (not usually good to follow soemthing you sold)
    I bought that (as BYDDY) at about 22 and it promptly fell to 11 or so almost overnight.
    I sold at round about 10 after maybe 6-12 months and used the money to buy Tesla.
    So, had i bought Tesla in the first place I'd have .... oh dear ...... oopsy good thing its only money.

    EDIT; Not as bad as i thought as at the time i bought BYD Tesla was getting on for 50% more expensive than when i did buy it a year or so later
  • Voyager2002
    Voyager2002 Posts: 16,271 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Anybody doing any short selling?
    If I were really brave, I would be short-selling the Bank of England.

  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It has surprised me that no Phoenix equities  have been suggested  in the hotel, catering, tourist and high street industries.

    Digger Mansions has had one cancelled trip abroad fully repaid, which paid off most of the outstanding balance on a yet to be confirmed cruise in the autumn, which we are sure won't go ahead. That could leave us with more than enough to clear final payments on our spring trip next year......and we have two more after that with deposits paid.

    In short, we see some big losers and equally big winners in holiday, tourist, retail and hospitality.  That should provide ample scope to short or speculate..._
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    It's hard to know which will survive though. If I was going to speculate I'd pick Ryanair, easyJet and Jet2. 
  • I like the look of Virgin Money, if I had any spare cash I would be in profit already.
    You can go on a training course to spot winners. :) I just look for shares that were once more valuable, that get a good write-up. I just hope my share tips don't perform any worse than HL tips  :)

  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    AnotherJoe said:...... If I was going to speculate I'd pick Ryanair, easyJet and Jet2. 
    In case you hadn't noticed that is what the thread seeks..._
  • kinger101
    kinger101 Posts: 6,572 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 11 July 2020 at 11:02AM
    You can go on a training course to spot winners. 
    If you could, do you think
    (a) the person giving the course would need to spend their lives giving lectures in the conference rooms of 2* hotels?
    (b) that the thousands of institutional investors who underperform their benchmark might be filling these conference rooms rather than Brian and Doris from Wigan. 


    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • How about one of the MSCI momentum factor ETFs, gives you a range of "hot" companies.
    Gold looks set to increase its value further given US volatility so any gold ETF.
    What about boohoo? I expect it will bounce back.
    If you believe a vaccine will be announced soon any leisure/transport stock?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Best returns are made in prelisting arena. By the time shares are listed already much is already priced in. 
  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    Anybody doing any short selling?
    If I were really brave, I would be short-selling the Bank of England.

    I never liked the idea of short selling. Even more so since I read this about what happened with VW during the financial crisis the other day:
    It irks me that short sellers are allowed to target small caps in the US (small cap biotech is a huge target). That does not seem to be the case here in the UK  (perhaps I'm wrong?), which seems more sensible to me. The only potential silver-lining is that I could end up on the good end of a short squeeze.
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