Suggestions for a speculative punt?

adindas

Those who are holding SPAC SBE (Switchback Energy), just be aware that Shareholder Meeting to Approve Business Combination with ChargePoint is now defenitive, thu Feb 11th 10:00am (EST). In vast majority of cases the stock price of SPAC stock will be hoovering around the peak and then dive the following days or a few days after the merger is approved and the ticker symbol has changed for obvious reason, e.g., profit taking and whales investors dumping their shares. You definitely do not want to buy when the price is around the peak.

I got this share at much lower price as I entered much earlier, so what I most likely do is to sell majority if my  position (or even liquidate it) on the voting date. Given the current price, it is etremely unlikely the business combination will not be approved.

As this is a good stock to be considered for long holding,  I might want to re-enter again later when the price has been stabilised at a  discounted price. That is what I plan to do but other people need to do their own DD and decide what action to execute with their own risk.

There is a good article about this stock from investor place

https://investorplace.com/2020/12/will-switchback-energy-stock-take-dive-post-merger/

Moe_The_Bartender

adindas said:

Those who are holding SPAC SBE (Switchback Energy), just be aware that Shareholder Meeting to Approve Business Combination with ChargePoint is now defenitive, thu Feb 11th 10:00am (EST). In vast majority of cases the stock price of SPAC stock will be hoovering around the peak and then dive the following days or a few days after the merger is approved and the ticker symbol has changed for obvious reason, e.g., profit taking and whales investors dumping their shares. You definitely do not want to buy when the price is around the peak.

I got this share at much lower price as I entered much earlier, so what I most likely do is to sell majority if my  position (or even liquidate it) on the voting date. Given the current price, it is etremely unlikely the business combination will not be approved.

As this is a good stock to be considered for long holding,  I might want to re-enter again later when the price has been stabilised at a  discounted price. That is what I plan to do but other people need to do their own DD and decide what action to execute with their own risk.

There is a good article about this stock from investor place

https://investorplace.com/2020/12/will-switchback-energy-stock-take-dive-post-merger/

One that I hold as a long term keeper. I'm not sure that I agree with the linked article. People with EVs will still need to charge them and Chargepoint get royalty payments every time a vehicle is charged.

mazworld15

Anyone any thoughts on Pod Point? Guy in the drive now fitting our charging point, still stressing I haven't got any EV shares yet need to make a decision! Just thought ah, might be good, part of EDV listed on Paris stock exchange apparently.

bowlhead99

mazworld15 said:

Anyone any thoughts on Pod Point? Guy in the drive now fitting our charging point, still stressing I haven't got any EV shares yet need to make a decision! Just thought ah, might be good, part of EDV listed on Paris stock exchange apparently.

They're owned by EDF (not 'EDV').  EDF (Electricite de France) is listed on the paris exchange and is a €40bn energy company owning power stations and the like. Pod point makes up pretty much nothing of its annual profits.  And as EDF bought pod point about a year ago, you can't buy pod point yourself. 

They had done a few funding rounds on Crowdcube before being bought out - the crowd investors made positive returns. I invested a bit in a couple of EIS funding rounds of Andersen EV, who are still private and pretty low volume, but have a neat system. The problem with any small private businesses looking to get into the market is that they would struggle to compete with the big players. A small independent like Andersen has no doubt been impacted worse by covid disruptions to supply chain than a company with billions of backing - from their blog last month, it was about a 6 week lead time to get an installation, even though it looks nice enough once done A2 - Stylish & Smart Electric Car Charging Point (andersen-ev.com)

adindas

Just in case anyone interested in knowing top Best performing ETF 2020. You could do your own research to put the puzzles altogether but this video might save your time in term of deskwork.

All of the them provide return of 150% + riskier but also provided more return. It is about understanding the risk and rewards.

https://www.youtube.com/watch?v=1J7FVpXu8RI&t=32s

mazworld15

bowlhead99 said:

mazworld15 said:

Anyone any thoughts on Pod Point? Guy in the drive now fitting our charging point, still stressing I haven't got any EV shares yet need to make a decision! Just thought ah, might be good, part of EDV listed on Paris stock exchange apparently.

They're owned by EDF (not 'EDV').  EDF (Electricite de France) is listed on the paris exchange and is a €40bn energy company owning power stations and the like. Pod point makes up pretty much nothing of its annual profits.  And as EDF bought pod point about a year ago, you can't buy pod point yourself. 

They had done a few funding rounds on Crowdcube before being bought out - the crowd investors made positive returns. I invested a bit in a couple of EIS funding rounds of Andersen EV, who are still private and pretty low volume, but have a neat system. The problem with any small private businesses looking to get into the market is that they would struggle to compete with the big players. A small independent like Andersen has no doubt been impacted worse by covid disruptions to supply chain than a company with billions of backing - from their blog last month, it was about a 6 week lead time to get an installation, even though it looks nice enough once done A2 - Stylish & Smart Electric Car Charging Point (andersen-ev.com)

Thanks so much that's really informative, love the Anderson charging point, so smart, ours is flat round and grey plastic, no marks for style lol.

csgohan4

For anyone that needs reminding this is a speculative thread and are at risk of losing money, EQT now down from the highs of 3. Always do your own research

Old_Lifer

A good warning from  csgohan4  regarding rapid movements up and down with AIM shares.   Only  2 months ago,  EQT shares were under 0.50p.   and then a few weeks later were 3p.   After a large rise  there is often a sharp fall,  as some people will take a profit and sell and others who have bought near the peak will see the falling share price and sell in panic.  Personally, I am not concerned by the fall in share price.

My PHE shares rose rapidly early last year  reaching nearly 4p in Spring then falling back around 30% or so.   It was only towards the end of last year that the shares resumed their upward progress reaching 10p and have now fallen back to around 8p.   Anyone who  would be worried  by  large swings in  share price  would probably be best avoiding  AIM shares

Cus

One difficulty I have with some of my AIM investments is adapting psychologically.  So far I have been lucky with 3 of my new investments in the last 6 months so what I have done is to take profits out to return my original stake once the price had doubled/trebled.
The daft thing is that now I kind of don't want the price to rise as quickly as it has been as I will be annoyed with myself for cutting the size.  Yet at the same time realising how ridiculous that is as I would be making less money on my remaining investment.  Weird?

jimpwarsop

I compared the graph of Eqt and Bitcoin.

Maybe its the same people.