Suggestions for a speculative punt?

Old_Lifer

In my experience  many people are happy to talk about their profits  but will say nothing of their losses

Username999

Old_Lifer said:

In my experience  many people are happy to talk about their profits  but will say nothing of their losses

Annoying that Hargreaves don't remove your total wipeouts from the online account summary ...
Thomas Cook Group plc
NMC Health Plc
Intu Properties plc

Shedman

Username999 said:

Old_Lifer said:

In my experience  many people are happy to talk about their profits  but will say nothing of their losses

Annoying that Hargreaves don't remove your total wipeouts from the online account summary ...
Thomas Cook Group plc
NMC Health Plc
Intu Properties plc

I'm pretty sure between all of us we could make that a very long list of what seemed like "sure fire winners" investments....

Cus

My best one.
Amphion Innovations plc.
Down 100%. £1k gone.

ElephantBoy57

Michael121 said:

To my memory you could have literally invested in anything since march and be sitting on a big profit this year. That's why i hear everyday how everyone is trading stocks and making bags of cash. Prior to this year i have never heard anyone talk about stocks at work.

Yes indeed, Cineworld went down after I sold, but they will likely increase again; as someone said, it will be a rollercoaster share.

ElephantBoy57

Username999 said:

Annoying that Hargreaves don't remove your total wipeouts from the online account summary ...
Thomas Cook Group plc
NMC Health Plc
Intu Properties plc

Or maybe its a good thing. I have NMC Healcare and Interserve.

Thrugelmir

Old_Lifer said:

In my experience  many people are happy to talk about their profits  but will say nothing of their losses

Requires discipline to cut your losses, and not hold in quiet desperation of a recovery. I draw the line at a 20% fall.  

Though I have broken my own rule this year with Anglo Pacific Group. Buying more every time it reaches rock bottom. 

adindas

ElephantBoy57 said:

Michael121 said:

To my memory you could have literally invested in anything since march and be sitting on a big profit this year. That's why i hear everyday how everyone is trading stocks and making bags of cash. Prior to this year i have never heard anyone talk about stocks at work.

Yes indeed, Cineworld went down after I sold, but they will likely increase again; as someone said, it will be a rollercoaster share.

You cannot expect the stock to go up all the time. The stock goes up and down all the time. As long as it goes up more than it goes down, your profit will keep growing. will keep making profit.

Even the mega cap stocks such as Amazon, Google, Facebook, Microsoft, they also behave like that. The different might be just the degree of volatility. But in the early days Tesla is also a very volatile stock.

[Deleted User]

ElephantBoy57 said:

bowlhead99 said:

There is never any certainty in investing money speculatively into individual stocks, but you at least have a chance of controlling your risks and understanding what you're getting into if you do some thorough research for yourself. If you rely on someone else telling you what they would do, you're on the back foot.  Of the two, I don't hold Nikola.

The title of this thread should mean that Cashmoney is aware of the risks.

I like to hold individual shares, I have just bought into Biffa having sold Cineworld, with only a 10% profit in a couple of weeks. I know nothing about Biffa except that its a waste management company, which should make profits, dispite COVID.

Are you guys going to judge me, you that are buying these risky shares?

Biffa a few months ago was not a bad shout
A local scrap company started advertising on our local Facebook chatter account during lockdown 
They have been inundated with orders with people clearing houses and sheds of clutter
Naturally the scrap company is registered and they use Biffa as the end place which the stuff gets dumped

csgohan4

Thrugelmir said:

Old_Lifer said:

In my experience  many people are happy to talk about their profits  but will say nothing of their losses

Requires discipline to cut your losses, and not hold in quiet desperation of a recovery. I draw the line at a 20% fall.  

Though I have broken my own rule this year with Anglo Pacific Group. Buying more every time it reaches rock bottom. 

Agreed, I dumped half my Cine stock at 10% loss while maintaining 20% gain on my other tranche. Rationale, AMC CNNK, CInemark tanked significantly more than the 15% CINE did, I was worried it might reach 20%+ so I sold hoping to pick it up at a lower price point, my crystal at the time was wrong, but hind sight is wonderful. If I held my nerve I could have broken even and sold it then. 

My crystal ball tells me it will fall further and then recover a bit like it did yesterday. Will buy in again at their lowest price point
Film studios won't be able to make the kind of money in streaming vs cinemas. WB had ulterior motive in advertising their own streaming service. Already AMC, Cinemark are stabilizing and in fact increasing. Although I am not sure if will drop down to the 27p lows with the vaccine in play soon and theaters still able to show the movies, just not exclusive sadly. 

Hopefully the other group will negotiate deals like AMC did with universal studios to delay the streaming. 

With WB, It will back fire on them with piracy coming to the forefront again due to the streaming. However not sure paying $30 for a movie like Disney did will be cost effective when I can get a 2 for 1 cinema ticket on certain days costing £ 7 for a ticket. 

People will say it is the end of the cinema and their grumbling of people eating overpriced popcorn and on their phone, but people still come back to watch movies. 

Going for a movie and a meal afterwards transcends the potential low cost associated with doing it at home, the socializing, the nostalgia, you don't date new people by going to their house for the first time for a movie do you?. 

What do I know, I have no edge and my crystal ball is just that, My money says it may drop down to 50p tops and then rise again but much slower and may take years to recover. 

Probably should have dumped it in IAG/RR/TSLA, the roller coaster ride is interesting to say the least