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Share Picks 2020

beertons

Shoot.

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voluntary

Not asking what to buy this time but how to buy and where :cool:

99nsr125

voluntary wrote: »

What's the best way to go long on oil with degiro? ETFs on LSE?

Oil is likely to go down more,
Everyone's on lockdown till May
Everyone is still pumping like nutso
Deal doesn't start till May and even then they'll cheat
You might even see WTI at $9 it's low from '98

You wanna go long, buy some call options for Weatherford, they've already gone through Chapter 11
were always a solid company but have now shed their
bad debts.

voluntary

Nemeses2050 wrote: »

Depends on your risk appetite and the work you want to put in.

Would London Stock Exchange be the most efficient in regards to costs and liquidity for Irish residents?

Nemeses2050

voluntary wrote: »

What's the best way to go long on oil with degiro? ETFs on LSE?

Depends on your risk appetite and the work you want to put in.

Nemeses2050

ELM327 wrote: »

Wow, have been looking at the markets this morning and everything is up!
Pity I've already done most profit taking this week and only have some NCLH left, a couple hundred stocks only. I'll probably look to sell those today too. I hate having cash in my investment account but in these times you gotta take the profit on the up days/weeks and buy in at the low.

I took a punt yesterday and bought Aim, delta and Southwest

voluntary

What's the best way to go long on oil with degiro? ETFs on LSE?

Nemeses2050

all about the mane wrote: »

So where do people think markets are headed now? Still down eventually?

I'll echo what ELM said, till year-end markets will be very volatile.
S&P might not touch March lows again, however there's some sectors which are down 70-80% specially Energy, Metals and travel related. If anyone's looking for value.

Bob Harris

hunter164 wrote: »

What do you think about shares in GE? Dropped considerably the past few years and down to the 6.2 mark now, anyone feel there is long term value there?

Long term I'd say so, the dividend being cut to nothing doesn't help.
Here's what this chap has to say...

https://www.barrons.com/articles/ge-stock-valye-trap-aviation-aerospace-airlines-jet-engine-servicing-backlog-51586895891

Nemeses2050

GE - have been on a downward spiral for years now...and other day they were downgraded by JP Morgan....better look at other names

hunter164

What do you think about shares in GE? Dropped considerably the past few years and down to the 6.2 mark now, anyone feel there is long term value there?

littlevillage

Treppen wrote: »

Cheers Bob I remember they were a role coaster along with Viking (I'm still holding that too).

So you think maybe they've a bit to go yet?

Yep, if there is a rollercoaster called the "Crash & Burn"

Shedite27

all about the mane wrote: »

So where do people think markets are headed now? Still down eventually?

Same people been saying that on the forum for the past month, it'll happen eventually but I've been happy to fill my boots while it's running.

ELM327

all about the mane wrote: »

So where do people think markets are headed now? Still down eventually?

My outlook is:

Volatile daily
Medium term (6month-1year) down
long term (2 years+) up

And this is why I profit take on significant up days

Kilboor

all about the mane wrote: »

So where do people think markets are headed now? Still down eventually?

Bob Harris

Treppen wrote: »

Cheers Bob I remember they were a role coaster along with Viking (I'm still holding that too).

So you think maybe they've a bit to go yet?

They have a a lot of trials going on combining their drugs with others and their FDA approved Coptrika will adding more to revenues. Plenty of potential upside so I'm optimistic but like most companies in this sector it's more in hope than conviction. I still have a few Viking too - another one I'm optimistic about.

all about the mane

So where do people think markets are headed now? Still down eventually?

ELM327

Wow, have been looking at the markets this morning and everything is up!
Pity I've already done most profit taking this week and only have some NCLH left, a couple hundred stocks only. I'll probably look to sell those today too. I hate having cash in my investment account but in these times you gotta take the profit on the up days/weeks and buy in at the low.

Treppen

Bob Harris wrote: »

I know all about them....I was in them from summer 2018 when they were up near $10....went all the way to under $1 after FDA approval. I averaged down all the way...must have bought 7/8 times, had about 1500 shares. I had averaged down to about $2.50 about 6 weeks ago or so when they jumped and sold for somewhere around $2.70 as they were a far too big a part of my portfolio.
Back in the last couple of weeks from $2.35 I think they have a lot of upside potential and a lot of potential catalysts that people are taking notice of now.

Cheers Bob I remember they were a role coaster along with Viking (I'm still holding that too).

So you think maybe they've a bit to go yet?

ELM327

The ar$e has fallen out of oil. $18.33/barrel right now
https://finance.yahoo.com/quote/CL=F?p=CL=F

Nemeses2050

all about the mane wrote: »

??

As Littlemac said, trial of Remdesivir (Gilead sciences medicine) was succesful in a hospital and Dow futures jumped nearly 800 points on that news Afterhours.

BillyBiggs

Shedite27 wrote: »

And my Gilead shares finally get their jump. Was beginning to lose faith in them

They’ll go through the roof later today.

Shedite27

And my Gilead shares finally get their jump. Was beginning to lose faith in them

littlemac1980

The Phantom Jipper wrote: »

Was anything new announced? It seems like he said that it would be up to governors to decide when to reopen...which was already the case.

Apparently the early sets of results from a test group in Chicago of 125 patients treated with remdisivir are very promising though I understand there are still many other locations it’s being trialled and so presumably many more test results to come. However it’s still a very positive sign and obviously creates a much better atmosphere today than for instance had they concluded it had no discernible positive effect.

According to the vague reports I could find online it says of 125 patients tested of which 118 were severe most of them were discharged within a week and only 2 died.

Also presumably the announcement of a plan to reopen the US is seen as a positive step.

The Phantom Jipper

Was anything new announced? It seems like he said that it would be up to governors to decide when to reopen...which was already the case.

all about the mane

borderfox11 wrote: »

Big jump on s&p futures

Based on trump saying the economy will start reopening, no?

borderfox11

all about the mane wrote: »

??

Big jump on s&p futures

all about the mane

Nemeses2050 wrote: »

Halaleuih...magic potion found

Nemeses2050

Halaleuih...magic potion found

littlemac1980

all about the mane wrote: »

Could use an oil share such as Tullow as a proxy? That would react faster than commodity price?

Had been considering Tullow, but the reaction of its share price to the resignation of the CEO a few months back just seemed a really drastic and odd to me so not having any real experience or knowledge decided against it, and went with Exxon instead - but sure who knows what might happen, Exxon could be half the price in a couple weeks time, just wanted to throw a few hundred at it now and leave it sit there come what may. Hopefully in a couple years it’ll have paid off, but if not, no major loss.

Bob24

Kilboor wrote: »

No doubt it will but the key factor here is opportunity cost, it could be another year or two before Oil fully recovers.

Do you want your money tied up in oil or ride the S&P wave?

Plus even if someone goes into it for the long run, my understanding is that there is a fairly high carry cost for financial products tracking the price of oil. I’m not sure what the exact figures are but unless I am mistaken you really would want to expect prices to go to the roof to cover that cost for a long period and make a nice profit.

Big oil companies can be interesting though.