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Share Picks 2020

beertons

Shoot.

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jams100

Taylor365 wrote: »

I have my list of prices I consider bargains. Can sit and wait!

Probably the best advice in this thread, easy to be sucked into the traps. Have set prices myself

I think market will drop more over the next few months as people realise the true effects of these lockdowns and probable second waves, especially for America.
Anyone else expecting a sell off this evening?

helimachoptor

retalivity wrote: »

Hertz is pumping again....

had some free cash, bought 50 @3.11 and sold at 3.35, small gains but Jesus the price was bouncing around.
Dont normally day trade and wont be making a habit of it :pac: stress

retalivity

Hertz is pumping again....

Shedite27

FMCI (Forum Merger II Corporation).
This is a blank shell corporation that was setup to accept a reverse merger, allowing a company to go public without the IPO process. Same route that VEctoIQ/Nikola took to great success this week.
The rumour was that this would be Impossible Foods, which is a rival to Beyond Meat which is flying this week, and the price went from $10-$15 on that rumour (Full disclosure, I bought at $13.50)
The news is out now that it will actually be another smaller competitor called Tattoo Chef. Now it's not Impossible Foods (which would have driven this stock up 4 times), so a lot of disappointed holders will be selling this morning. Should drop the price significantly today and a lovely entry point. Tattoo Chef will be a small company, starting off with a market cap of about $300m. 2021 estimated revenue is $220m.
I see this going to $30 fairly quickly.

Supercell

Bob Harris wrote: »

A friday morning pump and a sell-off by the afternoon might be on the agenda today.

Yep, its Friday afterall, we had these mad down and up swings in March too.

Bob Harris

A friday morning pump and a sell-off by the afternoon might be on the agenda today.

Shedite27

voluntary wrote: »

Last 3 months were like "Buy the dip" I believe we're entering a phase of "sell the raise".
Dips aren't deep enough. Most current valuations aren't sustainable in today's environment.

Brokerage firms saw huge spikes in new account applications in March/April. The new applications have reportedly dried out. The initial wave of retail investors helped push the valuations uphill but this is it for now. The rapid dose of Nitro-injection is burning out.

Don't assume the market will push forward after this 'short dip episode'.

the new retail investors are a drop in the ocean compared to the institutions. They're not the ones moving the market up 40% in 3 months

Bob Harris

Major dilution from Hertz but it staves off delisting and bankruptcy. Any news that is positive for the future of the company is just that.

AmberGold

Nemeses2050 wrote: »

Its bonkers, Hertz wants to issue a Billion worth of shares.

Destroying the bagholders in the process.

voluntary

Last 3 months were like "Buy the dip" I believe we're entering a phase of "sell the raise".
Dips aren't deep enough. Most current valuations aren't sustainable in today's environment.

Brokerage firms saw huge spikes in new account applications in March/April. The new applications have reportedly dried out. The initial wave of retail investors helped push the valuations uphill but this is it for now. The rapid dose of Nitro-injection is burning out.

Don't assume the market will push forward after this 'short dip episode'.

voluntary

This is what a lot of people were saying from the start. Many affected businesses will survive, but their shareholders will be wiped out (via massive shares dilution).
Large airlines, retail, banks, maybe some automakers, tourism related, car rental etc.

Nemeses2050

Its bonkers, Hertz wants to issue a Billion worth of shares.

dashcamdanny

alot of talk of a Hertz recovery plan.

Premarket positive.

Looks like a good opportunity to buy today. Have a look.

AmberGold

tamova wrote: »

Pre-markets all positive. Was sort of hoping for a continued drop to buy up some stocks.

Yep, unfortunately, I'd be surprised if my orders are filled.

tamova

Pre-markets all positive. Was sort of hoping for a continued drop to buy up some stocks.

Nemeses2050

Kilboor wrote: »

Yesterday was interesting, I'm still up over my last entry 1 week ago.

Not too fazed by another day of red here, I see it as buying opportunity for my long holds.

I agree got some yesterday and if I see another fall of 15-20% I'll get some more...but won't jump in with two feet

voluntary

peterofthebr wrote: »

dont forget BREXIT

Scratching an itch.

Scratching an itch brings temporary relief. Scratching triggers mild pain in your skin. Nerve cells tell your brain something hurts, and that distracts it from the itch.

Now, the pandemic is like a scratch to the Brexit itch. It brought a temporary relief so our brains could forget for a while.

peterofthebr

dont forget BREXIT

Jose Maria

I'm a newbie myself since March, my Degiro account opened Paddys Day which seems to be bottom out day dot by the looks of things(Mad) i'm up about €2200 cashed out of shares and have invested it in an S&P etf, had a mix of Aib, Boi, Airbus, Citi, JnJ, Maersk, Dalata, Aurora, Kitov it's been a blast have had some good days and awful days making mistakes I was minus a grand at one stage but held my nerve and bought more. The hardest part for me was when to cash out I could've held Airbus for another few days for an extra 20% and sold Boi too soon also as this was my big loss at one stage I just wanted rid , Ive held 2000 AIB shares @.084c for the last few months I could've cashed them out 3 times for a €700 profit but held. I get the feeling the fun is over for us amateurs but I'll hold the ETF and AIB for a while, itching to buy more though. It's a lot different looking in than being in

Kilboor

Yesterday was interesting, I'm still up over my last entry 1 week ago.

Not too fazed by another day of red here, I see it as buying opportunity for my long holds.

FrankGrimes

Shedite27 wrote: »

Yeah if your view is that long, forget about the stop loss. There's been times when a 10% fall in stocks have been recovered by the end of the week, you'd miss out on that bounce and lock in the loss. Stop loss for me are only for stocks that could go to zero. If you feel the stock is gonna be worth more in a year than they are today, why worry about the ups and downs they take to get there.

Thanks Shedite27 and sk8board. I have reflected on it and yes there was a contradiction in my logic. So I have decided not to put in those stop loss orders as upon reflection I am still comfortable that those positions will be net positive over the long-term for which they were planned, so a reactionary approach would not be wise.

What was niggling at me was that the price I bought into the VANGUARD S&P500 at is high, to the extent that I'll reassess and regauge my confidence level that it will remain above that price in the longer term. Not yet convinced that selling for a minor loss now and buying back in if it does have the potentially sharp short-term decline it may encounter is not the right play here, but I'll take more time to think through the logic before committing.

Bob24

treatyman wrote: »

Also I was considering buying Shell after some comments here and some research but where are they listed, RSDA seem to be on a lot of stock markets?

If you are buying Shell, I'd say unless you have a specific reason not to, it is a no-brainer to go for the B shares (RDSB, main listing in London and secondary listing in Amsterdam).

B shares are for the British entity i.e. there is no withholding tax on dividends. A shares are for the Dutch entity and dividends incur a 15% withholding tax.

treatyman

Newbie to investing, I have 10k that I would like to invest, I am going to spread it across 5 or 6 different sectors. Doing some research but I am finding it tough to understand what to look for and what might be value etc, Any tips would be great. Also I was considering buying Shell after some comments here and some research but where are they listed, RSDA seem to be on a lot of stock markets?

farmerval

This mornings Guardian regarding UK GDP. The graph which I failed to copy shows GDP at 2003 levels. While we all know that the Covid is an extreme event, with an expected rapid recovery for a lot of industries there is a very very long way back.

This makes the recent bounce back look extremely overdone.

Shedite27

Yeah if your view is that long, forget about the stop loss. There's been times when a 10% fall in stocks have been recovered by the end of the week, you'd miss out on that bounce and lock in the loss. Stop loss for me are only for stocks that could go to zero. If you feel the stock is gonna be worth more in a year than they are today, why worry about the ups and downs they take to get there.

sk8board

your buy and sell strategies seem to conflict - you are investing for 5 year horizon, but in this volatile market you have stop losses set to 20%. You’d be needlessly crystallising a loss perhaps, presuming your research suggested those are well priced stocks for that horizon.
Meanwhile you have limit orders in at prices that presumably are expecting markets to fall considerably (between now and March lows) which would mean your stop losses above would trigger as well.
Perhaps I’m reading it wrong.

It goes without saying, if you’re trying to time the market, you’re not doing the right research.

FrankGrimes

I began the process of transferring a lump sum I plan to invest for 5yrs across to my DeGiro account this week and made a few investments over the past 2 days, totalling around 20% of the full value I plan to invest. It's in a couple of ETFs and in 3 stocks.

Took a 5% hit today on those investments, but other than putting stop losses on those to curtail exposure if they drop >20%, I'm leaving them as is.

Plan is then to submit limit orders for the other ETFs and stocks I planned to invest in,targetting prices in the range between current and March lows which I would feel represent good value to get in at. I would then be happy to walk away and leave them untouched for the long-term as I feel the probability of a downward swing below those entry points is an acceptable level of risk given the timeframe they will have to recover from any losses.

While in general I'm conscious of need to avoid the temptation to try time the bottom of a downswing, given the level of uncertainty in the market, it seems wiser to see if the bulk of my entry positions can be made at either a lower value, or if that doesn't materialise, after a few days of relative stability.

Seem a reasonable approach?

Shedite27

Looked like a big loss today....
Checked notes....
Portfolio balance down to what it was on 29th May

Seemed a bigger drop!

Shedite27

AmberGold wrote: »

Berkshire Hathaway took a significant hit for those looking for a safe value stock.

Sub $170 is the buy price for this, hit it in March and May, suspect it will go there again in June

Bob24

Taylor365 wrote: »

I have my list of prices I consider bargains. Can sit and wait!

That's the attitude!