Share Picks 2021 - Thread banned users post #1

Green&Red

Green&Red wrote: »

£ARG - Argo Blockchain PLC

Mine Bitcoin, keep 50% of what they mine so essentially a bet on Bitcoin.
Not yet on Nasdaq as they’re below $2 but RIOT and MARA trade for 4X, mine less and sell a bigger %

Risky stock but long term big upside

How wrong was I



Short term huge upside

cronos

Chuckie_Egg wrote: »

UK flying today, I just have the iShares Core FTSE 100 ETF which gives good exposure to the UK market. (Free to invest once every month with degiro)
ftse 1000 at ~6700 which is still over a 1000 points off the ath of 7877 points, which was reached on 22 May 2018. The ftse is less tech based and has more Miners, healthcare, banking and Insurance compared to the likes of the S&P.
I think this will do well over the next 18 months as brexit gets smoothed out

I'm hopeful my PRSA is covering this market for me!

bish76

Chuckie_Egg wrote: »

UK flying today, I just have the iShares Core FTSE 100 ETF which gives good exposure to the UK market. (Free to invest once every month with degiro)
ftse 1000 at ~6700 which is still over a 1000 points off the ath of 7877 points, which was reached on 22 May 2018. The ftse is less tech based and has more Miners, healthcare, banking and Insurance compared to the likes of the S&P.
I think this will do well over the next 18 months as brexit gets smoothed out

Does it fall under 41% ETF tax or 33% CGT ?

borus22222

I have a quick question, I play US market mostly and looking to hedge my positions as i feel that market is quite volatile.

Not that comfortable with options so was looking for some shares which would follow the opposite direction then the market. I found ETF such as UVXY VXX but i can't buy them via interactive brokers. Would anyone have some eu registered ones which would follow SP500 or suggest different way to hedge the positions against potential market correction?

circadian

borus22222 wrote: »

I have a quick question, I play US market mostly and looking to hedge my positions as i feel that market is quite volatile.

Not that comfortable with options so was looking for some shares which would follow the opposite direction then the market. I found ETF such as UVXY VXX but i can't buy them via interactive brokers. Would anyone have some eu registered ones which would follow SP500 or suggest different way to hedge the positions against potential market correction?

I'm open to correction but an ETF could expose you to greater problems depending on how versatile the portfolio is. If I remember correctly they've been linked to short crashes in the last decade so if you're going down that route then be very certain of what you're buying.

As for brokers, I don't know of any but I'm sure there are one or two that offer them. I guess the nature of reducing brokerage costs results in brokers not really bothering to offer them.

Did you smash it

borus22222 wrote: »

I have a quick question, I play US market mostly and looking to hedge my positions as i feel that market is quite volatile.

Not that comfortable with options so was looking for some shares which would follow the opposite direction then the market. I found ETF such as UVXY VXX but i can't buy them via interactive brokers. Would anyone have some eu registered ones which would follow SP500 or suggest different way to hedge the positions against potential market correction?

You can buy S&P inverse ETFs. If it goes up you lose, if it goes down you win. They can be leveraged so you win or lose times two.

borus22222

Did you smash it wrote: »

You can buy S&P inverse ETFs. If it goes up you lose, if it goes down you win. They can be leveraged so you win or lose times two.

It appears to me that I can only buy european registered ETFs. Some sort of regulation. I'm struggling to find inverse etf with european ticker.

borus22222

circadian wrote: »

I'm open to correction but an ETF could expose you to greater problems depending on how versatile the portfolio is. If I remember correctly they've been linked to short crashes in the last decade so if you're going down that route then be very certain of what you're buying.

As for brokers, I don't know of any but I'm sure there are one or two that offer them. I guess the nature of reducing brokerage costs results in brokers not really bothering to offer them.

Appreciate your opinion, therefore my second question. What other safety net can be established? I know that playing options you can buy "puts" but potential loss is unlimited. The reverse stock/ETF like the two i mentioned are@ all time low. Was thinks of 5-7% of my investment to put there. The price of them jumped 10x in March which would cover any potential losses. That was reason behind it.

Bobeagleburger

bish76 wrote: »

Does it fall under 41% ETF tax or 33% CGT ?

41% I'd assume.

Investment Trusts a much better option.

Monthly ETF purchases are nuts, I've looked into it and it's a massive headache tax wise.

MuddyDog

Dave1711 wrote: »

Yeah i bought into Draftkings at 25 dollars and again at 33.

Probably get it on Fanduel once it goes public too.

FanDuel is public though. Flutter Entertainment is the stock.

Chuckie_Egg

bish76 wrote: »

Does it fall under 41% ETF tax or 33% CGT ?

41%,
yeah I know it's severe but profit is profit, plus I have looses to write off against this year. In reality these etfs are only suited to US or UK investors, the Irish Govt has gone out of its way to make sure Irish people are not investing in etfs as this would not look good for the huge financial services market here in Ireland

littlevillage

bish76 wrote: »

Geely is vailable in FRA. Well covered by analyst recently so I think price already reflects near future prospects. Happy to buy it around 2.3 current bid is 3.28.

Two Geely Automobiles available in Frankfurt

GEELY AUTOMOBILE HOLDINGS LTD. US36847Q1031 €65.00

Geely Automobile Holdings Ltd. HD -,02. 5KYG3777B1032 €3.29

daheff

Anybody know who makes syringes?

I'm thinking those manufacturers will make more money from vaccines as 2 needles needed for each person. Already shortages in Japan.

Gamma1

daheff wrote: »

Anybody know who makes syringes?

I'm thinking those manufacturers will make more money from vaccines as 2 needles needed for each person. Already shortages in Japan.

Looked at this early on - the big one in glass is Schott - its not on Degiro - maybe private.

circadian

Argo blasting off again today, well over £2 a share now. Problem with DeGiro is I can't set a stop loss on this for some reason.

bp_me

Gamma1 wrote: »

Looked at this early on - the big one in glass is Schott - its not on Degiro - maybe private.

Wholey owned by the Carl Zeiss Foundation.

wrestlemaniac

littlevillage wrote: »

Two Geely Automobiles available in Frankfurt

GEELY AUTOMOBILE HOLDINGS LTD. US36847Q1031 €65.00

Geely Automobile Holdings Ltd. HD -,02. 5KYG3777B1032 €3.29

Did a bit of DD into this and from what I have read the €65 is approximately 20 shares of Geely.

On the HK market you can only buy in lots of 1000 (think Treppan mentioned this previously).

There are a lot of outstanding shares, hence I believe the low value price at the moment, but company is bullish on these being taken up.

I am in in this and will take up further positions anywhere sub 2.75

circadian

I see there's a lot of chatter about AMC on Reddit again, looks like there's going to be a pump today. If anyone's holding this might be worth watching to get out to break even or make a little profit.

I'll be staying clear however, it stinks to high heaven. An entirely new subreddit for WSB with pretty much lack of moderation and a post about millions of people "accidentally" buying AMC at open this morning.

If this takes off expect volatility elsewhere in the market like we've seen before.

cal naughton

circadian wrote: »

I see there's a lot of chatter about AMC on Reddit again, looks like there's going to be a pump today. If anyone's holding this might be worth watching to get out to break even or make a little profit.

I'll be staying clear however, it stinks to high heaven. An entirely new subreddit for WSB with pretty much lack of moderation and a post about millions of people "accidentally" buying AMC at open this morning.

If this takes off expect volatility elsewhere in the market like we've seen before.

Stinks to high heaven you say!

I say it smells like a great opportunity to ride the wave and get a great swing trade going for today. And besides there is no way that AMC is fair value in the 5 dollar range. It's a squeeze play and a recovery play for me.

PHG

Topped up my Calnex Posiiton today. Doubled up already but still looking like good value.

10% SL as usual

Bytes up 10% already so SL moved up 5%

LUCE just hanging around a 6% loss atm so on a yellow card

retalivity

Its been a good February, driven by Argo primarily

Supercell

Premarket looking tasty, wishing I had bought more of SOS last week, looking like a monster.

Treppen

So...
ARGO ... Long hold?

voodoo

February certainly has been good so far! Mainly thanks to Argo and Ocugen - on another trajectory today! Most of my tech (mainly cyber security) stocks doing really well and also my SPACs getting ready to move me thinks...

crushproof

Treppen wrote: »

So...
ARGO ... Long hold?

Missed the boat, didn't think it would climb higher since last week but its flipping doubled.

BTC is looking very stable so I'm tempted to jump in as they will surely reap the benefits of the current high values.

Timmaay

Another NNDM share offering. By now they basically are like a SPAC, with a huge amount of cash from all these offerings, which they are straight up planning on buying a company with. Terrible fundamentals, hugely negative revenue growth and dont even ask about P/E etc, but still a massive institution buy in and big fanbase. Offering price is 12.80, very unlikely to dip back to this, mid 13s half an hour after the market open would be my guess, and at that it will be under its 20day ma, which has provided extremely good support the last few months. I'd be tempted to add more for a swingtrade but I've too many already.

circadian

Gonna throw in on ESGC, increasing volume, looks like it's about to swing up. I reckon I could gain close to 50% on it, hopefully!

Chuckie_Egg

Timmaay wrote: »

Another NNDM share offering. By now they basically are like a SPAC, with a huge amount of cash from all these offerings, which they are straight up planning on buying a company with. Terrible fundamentals, hugely negative revenue growth and dont even ask about P/E etc, but still a massive institution buy in and big fanbase. Offering price is 12.80, very unlikely to dip back to this, mid 13s half an hour after the market open would be my guess, and at that it will be under its 20day ma, which has provided extremely good support the last few months. I'd be tempted to add more for a swingtrade but I've too many already.

You'd have to wonder how much more Ark will buy, they must be close to 11% now.
Ark have a huge amount of surplus cash from so many new investors buying into Ark funds

Shedite27

Treppen wrote: »

So...
ARGO ... Long hold?

Definitely. ARGO and KR1 are my biggest 2 holdings now, and have no interest in trimming either. Doubled my KR1 position today. The more I read and listen to about these the more I like.

circadian

Argo just keeps going up. I'll hold until there's a dip but the gains have been fantastic since last week.