tommy35 wrote: » Started buying shares first time this month. A number of them up +40% - bank, cruise liners, oil etc. Starting to wonder should I buy a significant amount. High risk obviously but I'm willing to wait it out over 1 or 2 years and take the ups with the downs.
bcklschaps wrote: » Tommy, you got very lucky.... and good on ya Just by chance you happened to start investing during a period of fairly major recovery in most share prices. Don't be thinking you have the midas touch or anything .... on the contrary, with this little win, you will probably be hooked for life now :rolleyes: .... and the stock market could well end up being your ruination. For example : Had you started investing in Mid Feb ... you would be down probably 40% Just for balance, most of the regular contributors on this thread (including myself) are nursing losses or at best just about breaking even.... don't gamble invest any more than you can afford to lose.
robman60 wrote: » What are people's opinions on the best IT plays? Of course Microsoft stands out but I'm looking more broadly too. I don't know about others but the whole mandatory working from home thing has just highlighted to me how unnecessary physically attending the office for my work has been. I'm looking for plays which are best positioned to take advantage of this long term trend rather than gimmick stocks like Zoom which I don't think has the legs to have a long-term impact.
hobie21 wrote: » I'll summerise the points. 1. Recession. Fewer customers buying cars (esp Chinese market 50% drop already) 2. The truck. What an ugly machine. 3. Cash burn, new factories in early stages in Germany China. 4. P/E of 50. Plan is short at 570 and get out at 250.
hobie21 wrote: » It's a dangerous stock to short alright. Very momentum based price and has a lot of fanboys so I'm going to wait until I think it's a slam dunk short. Maybe around 750. I think they are going to dump all the bad news on the market next week and just say, it's not our fault results are bad, it's the corona virus. Market makes no sense at the moment to going to hide in gold for a while. GOLD (barrick gold corp)
hobie21 wrote: » Tsla results next week. Last chance to get on the short train CHOO CHOO!!!!
krissovo wrote: » Tech has done ok of late so you are a little late for the quick wins, Microsoft has nearly fully recovered. My picks have been focused on the cloud, vmware has done well for me and their end user remote cloud based remote worker suite is selling well. They are giving away licencees at the moment for a few months but will reap the rewards once they start charging for it and will hit 200 again this year. Workday rebounded well after a sharp drop and has potential, they are growing quickly in retail particularly scheduling staff that they can access from home. Zoom is not a gimmick as they are really ramping up corporate customers HPE, Santander, RBS to name a few in the last 8 weeks for their secure high bandwidth services
AlmightyCushion wrote: » What do zoom have over similar offerings from Microsoft and Google? Genuine question as I don't really know their product. Used it for a quiz the other night and it worked grand but not without its problems.
ctlsleh wrote: » Anyone using MyWallSt? It removes some of the gambling risk and at least you get the option of a more informed view prior to investing......I find it quite good
Shedite27 wrote: » Gilead have basically said they'll give this away at cost if it works, they're not going to get rich immediately/directly from coming up with a cure.
Outkast_IRE wrote: » Just on Zoom . I honestly think Microsoft Teams is going to eat them up bit by bit . The corporate agreements Microsoft have with most mid-large companies are including teams automatically as part of the package of programs more and more, companies will see the advantage of staying purely in a microsoft environment in terms of security, ease of updates , reducing the number of different software vendors they are dealing with. Plus as companies realise that teams integrates pretty perfectly with the other microsoft office products zoom will get the chop. Alot of companies turned to zoom as a knee jerk reaction , cause they were just ahead of the teams rollout, that will halt and reverse over the course of the year. The corporate agreements is where the big money is at and microsoft have all the established relationships with mid-large companies worldwide.
Take Your Pants Off wrote: » Would you buy Tesla stock right now? Ik it is overpriced, but tbh it is something that could give decent returns due to volatilte nature of the stock. if it goes down, it goes down. It was like 700 just like 1.5 months ago, went down to 400, and now back up.
Mad_maxx wrote: » bought a FB $197.50 call two days ago when the stock was at $ 183.90 , paid $150 , its worth at least a grand today , trying to figure out whether to sell at the open or not , expires tomorrow but im not interested in exercising il probably close at the open
Shedite27 wrote: » As others said, it's not always like this. IMO, decide how much you want to invest. Then divide that amount by 8 and invest that month each month until the end of the year. You'll drip feed more money in but won't be hit as hard if this run reverses Yeah I read/listen to their stuff, wouldn't say it removes the risk, but definitely gives you a second opinion. If you see a stock you want to buy, you can check on their site if they also reccomend it. Great way of discovering stocks you wouldn't find otherwise
krissovo wrote: » Its a good option as it will open strong, if I walk away with 10% I am happy and make a point of having no regret.
Timmaay wrote: » OK 250 is your target, what's your stop loss? Just to warn you if you say you don't have one your going to look like an absolute idiot. The problem with shorting Tesla is despite all the fundamentals saying its overvalued there is a massive fan base all of whom are willing to drive on the share price with the dreams of it being the next apple etc, I'd bet it would see 900 again sooner than it would see 250.
XMG wrote: » So how is your short treating you?
tommy35 wrote: » Thanks all for the advise. I've money coming my way from remorgaging a property. My plan was to use this as a deposit and invest in more properties. I now think this is great opportunity to invest in financially strong companies within sectors that have been greatly impacted cruise, oil, airlines, hotels etc. Invest big waiting for it to double then sell half (my initial investment). Risky I know but I could potentially have stocks and property. I'm not risk adverse and willing to lose this money as I've other sources of income to cover living expenses.
Mad_maxx wrote: » Too high risk
voluntary wrote: »
Nemeses2050 wrote: » Yep the market was behaving as if everythng was back to being hunky dory
voluntary wrote: » The worst ever recession is hitting the world and people are buying stocks like mad. Something has to break here. Either I'm right or the the whole world has no no f..n logic :pac: .
