Share Picks 2020

03-08-2020 4:59pm

plasmin wrote: »

Is this available on Degiro, can't find the ticker.

Zulare wrote: »

Have you taken the new 'appropriateness test' yet on Degiro - it's in settings. If you don't take it (and pass it) you may be prohibited from trading some products.

One More Toy wrote: »

I can see it under UMC

Hello,

I eventually phoned Degiro (already posted in the DeGiro thread). Custory Accounts can no longer trade in "complex shares". Complex shares including the likes of IAG (i.e. British Airways). They clearly want to get rid of their custody accounts.

I would need to set up a new basic trader account. I've submitted my new ID - expect to wait up to 10 days for verification.

03-08-2020 4:59pm

plasmin wrote: »

Is this available on Degiro, can't find the ticker.

Zulare wrote: »

Have you taken the new 'appropriateness test' yet on Degiro - it's in settings. If you don't take it (and pass it) you may be prohibited from trading some products.

One More Toy wrote: »

I can see it under UMC

Hello,

I eventually phoned Degiro (already posted in the DeGiro thread). Custody Accounts can no longer trade in "complex shares". Complex shares including the likes of IAG (i.e. British Airways). They clearly want to get rid of their custody accounts.

I would need to set up a new basic trader account. I've submitted my new ID - expect to wait up to 10 days for verification.

DutchYurt · 03-08-2020 6:22pm

Deleted User wrote: »

Hello,

I eventually phoned Degiro (already posted in the DeGiro thread). Custody Accounts can no longer trade in "complex shares". Complex shares including the likes of IAG (i.e. British Airways). They clearly want to get rid of their custody accounts.

I would need to set up a new basic trader account. I've submitted my new ID - expect to wait up to 10 days for verification.

I had to do the appropriateness tests, and also change my MMF cash to a german bank.

03-08-2020 6:25pm

DutchYurt wrote: »

I had to do the appropriateness tests, and also change my MMF cash to a german bank.

How do you change your MMF to a german bank - the guy I was on the phone to never mentioned that. BTW, I did ALL the appropriateness tests, even ones I'll never use :pac:

Shedite27 · 03-08-2020 6:39pm

Hi, I just had similar issue when buying a new stock today, had to do the appropriateness year but there was also a setting I had to change when I finished it. On the mobile app it was in the Product Settings tab, halfway down there was a Complex Shares option that was default to off. Toggle that and it’s worked for me

One More Toy · 03-08-2020 6:44pm

Took a big position in Draftkings today, let's see how it pans out!

03-08-2020 7:00pm

Shedite27 wrote: »

Hi, I just had similar issue when buying a new stock today, had to do the appropriateness year but there was also a setting I had to change when I finished it. On the mobile app it was in the Product Settings tab, halfway down there was a Complex Shares option that was default to off. Toggle that and it’s worked for me

I dont see that option. I'm still on the MMF - have you been switched to the German bank account. Starting to think this is personal

:pac:

One More Toy · 03-08-2020 7:11pm

I never keep any amount in mmf, kinda pissed I now have to open another bank account, why couldn't they have left it the way it is! Probably fed up of paying compensation!

03-08-2020 7:21pm

EDSA seems to have found its bottom with good resistance. The short sellers will start buying now, and I think good things for this stock.

AND I CANT BUY

I've a Custody account. Only about 5 weeks old. And they seem to be treating my profile different to others. I only got 14/15 questions right this time around, in case they are using this as a reason I can't trade "complex" stock. :rolleyes:

I'll stop the rants in this thread now, as I don't want to take the thread off course.

Just really disappointed and frustrated.

One More Toy wrote: »

I never keep any amount in mmf, kinda pissed I now have to open another bank account, why couldn't they have left it the way it is! Probably fed up of paying compensation!

I've not been offered the German bank account.

Lex Luthor · 03-08-2020 7:41pm

Timmaay wrote: »

2.80 to 4.20$ in about a week! Have 500 shares that I'm happy to sit on longterm.

good stuff, this one is a meduim term hold for me too, maybe 2yrs and see how its going

Lex Luthor · 03-08-2020 7:44pm

plasmin wrote: »

Is this available on Degiro, can't find the ticker.

good pump today, maybe wait for a bit of a pull back and jump in then

if you can get in closer to $4 it would be a nice entry

the exchange rate is favourable right now to pick up some good value USD stocks with strong credentials

Shedite27 · 03-08-2020 7:48pm

Deleted User wrote: »

I dont see that option. I'm still on the MMF - have you been switched to the German bank account. Starting to think this is personal :pac:

Yeah I'm on the new account

03-08-2020 7:57pm

Shedite27 wrote: »

Yeah I'm on the new account

I had €15k in Degiro this afternoon, with multiples of that to be transferred over the next week. Not sure how small they consider €15k.

I'm locked into €7k, but have withdrawn the €8k I only transferred this morning that was sitting in the MMF account. A complete mess.

I hope Trade 212 is a better mistress. Liking its mobile app anyway.

Shedite27 · 03-08-2020 8:03pm

Feels silly to pickup a stock that's up 100% in a week, but I opened a speculative position in Jumia (JMIA) today.

In a nutshell, it's online commerce for African. IPO'd last year and had some problems since then, but seems to have stabalised and got a big rush this past few weeks, as seeingly every investment service fell in love with it at the same time. Following the massive Lockdown-induced online retail surge of other online retailers Amazon, MercadoLibre, AliBaba, Sea, it's basically a play that it will also benefit the African continent.

Its focus is the more developed countries in Africa, where the infrastructure is more solid, and has actually pulled out of a few countires that weren't developed enough. It's also changesd its busines model from making their own stuff to using 3rd parties to fulfill. It's a 1.5bn market cap, so even with the recent double could still be well undervalued.

Bull case: Made some good changes to its business model recently. Online retail, for a whole continent, look what happend to Mercadolibre. Should be far bigger than 1.5BN
Bear case: Infrastructure in Africa mightn't hold up. Big run up, could run down just as quick if the results dissapoint next week.

It's a $20 stock, results are about a week away, could send it rocketing or back to $10.

ExMachina1000 · 03-08-2020 8:15pm

It's free. Can be watched on the website

Different presenters and topics as the day rolls on. From opening to closing bell

https://finance.yahoo.com/?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJp0M3OF-VxSNBamecUN9449q8c3C9EcEmshc01N3M3LcZLmOKuHiUPkfmFsPPYsRvN09SqiqTJ3ipA5J8zY_gmmPGwcxhOaUXWQxeWCiM3anPRWKO20Cyt6wSgBBlk22kqG7E_b30_O1BV7ZCJdhbYa4jX3Uj_LcECRFt6VnMqj&_guc_consent_skip=1596485713

One More Toy · 03-08-2020 8:37pm

[Deleted User] wrote: »

EDSA seems to have found its bottom with good resistance. The short sellers will start buying now, and I think good things for this stock.

AND I CANT BUY

I've a Custody account. Only about 5 weeks old. And they seem to be treating my profile different to others. I only got 14/15 questions right this time around, in case they are using this as a reason I can't trade "complex" stock. :rolleyes:

I'll stop the rants in this thread now, as I don't want to take the thread off course.

Just really disappointed and frustrated.

I've not been offered the German bank account.

Not been offered it yet but soon I'd imagine

GoldFour4 · 03-08-2020 8:49pm

Chegg well over expectations for Q2 earnings. I have a small interest from last month but am considering adding more given education in the US in particular is likely to include far more remote focus going forward.

AmberGold · 03-08-2020 9:29pm

Fastly on fire, someone said it here weeks ago, missed the op myself.

franglan · 03-08-2020 9:33pm

One More Toy wrote: »

Took a big position in Draftkings today, let's see how it pans out!

Longterm play maybe but would you be concerned that pro and college football won't restart in September. Some NFL players are sitting out the season and currently teams have 80 or 90 man rosters, can't see a bubble for all 32 teams due to squad sizes when compared with NBA for example which is using that model.

One More Toy · 03-08-2020 9:40pm

franglan wrote: »

Longterm play maybe but would you be concerned that pro and college football won't restart in September. Some NFL players are sitting out the season and currently teams have 80 or 90 man rosters, can't see a bubble for all 32 teams due to squad sizes when compared with NBA for example which is using that model.

A little but I think long term the betting market in the US will open up

Shedite27 · 04-08-2020 6:28am

franglan wrote: »

Longterm play maybe but would you be concerned that pro and college football won't restart in September. Some NFL players are sitting out the season and currently teams have 80 or 90 man rosters, can't see a bubble for all 32 teams due to squad sizes when compared with NBA for example which is using that model.

Yeah I sold out my Draftkings today, I can't see sport happening in the US this year. Baseball is goosed, football being opted out by many

Shedite27 · 04-08-2020 6:34am

AmberGold wrote: »

Fastly on fire, someone said it here weeks ago, missed the op myself.

Fastly makes websites work faster, and make their money based on per-visit to that website. A bunch of their customers announced massive increase in users this quarter (Amazon, Shopify, Pinterest) so the logic goes that Fastly must have had a massive quarter.

It's amazing how it's share price moves tho, over almost exactly a year it went from $22.22 to $22.74, then announced it's Q1 results and it got noticed, has 4.5x in the subsequent 3 months to $111

outonawing · 04-08-2020 10:06am

Deleted User wrote: »

I hope Trade 212 is a better mistress. Liking its mobile app anyway.

I've been using Trading 212 for about a month and find the platform very user friendly.

Only downside is bank transfers, supposed to take 2 to 3 working days to reach trading account. I've made two transfers and had to email them querying the delay each time. The first took 6 working days and the second 8 working days. On the second, I pressed them for an explanation and they initially suggested that there was insufficient information supplied to apply the money to my account, then they tried to blame my bank for the delay. Finally, they didn't contest my assertion that the details were accurately supplied and that my bank executed the transfer promptly. Their solution was to make transfers by card, which I admit only take minutes to complete.

04-08-2020 10:09am

outonawing wrote: »

I've been using Trading 212 for about a month and find the platform very user friendly.

Only downside is bank transfers, supposed to take 2 to 3 working days to reach trading account. I've made two transfers and had to email them querying the delay each time. The first took 6 working days and the second 8 working days. On the second, I pressed them for an explanation and they initially suggested that there was insufficient information supplied to apply the money to my account, then they tried to blame my bank for the delay. Finally, they didn't contest my assertion that the details were accurately supplied and that my bank executed the transfer promptly. Their solution was to make transfers by card, which I admit only take minutes to complete.

*sigh* although Card is possible if that expedites.

in2dark · 04-08-2020 10:13am

outonawing wrote: »

I've been using Trading 212 for about a month and find the platform very user friendly.

Only downside is bank transfers, supposed to take 2 to 3 working days to reach trading account. I've made two transfers and had to email them querying the delay each time. The first took 6 working days and the second 8 working days. On the second, I pressed them for an explanation and they initially suggested that there was insufficient information supplied to apply the money to my account, then they tried to blame my bank for the delay. Finally, they didn't contest my assertion that the details were accurately supplied and that my bank executed the transfer promptly. Their solution was to make transfers by card, which I admit only take minutes to complete.

I am topping up using revolut and funds are available within 1 second. Why to bother with bank transfer?

Kilboor · 04-08-2020 11:26am

Would love to switch brokers but yet to find a broker with the selection of stocks DeGiro has.

Quick look at Trading212 and it didn't have any of my current holdings available for investing. I think Ameritrade was the same.

AmberGold · 04-08-2020 11:27am

Kilboor wrote: »

Would love to switch brokers but yet to find a broker with the selection of stocks DeGiro has.

Quick look at Trading212 and it didn't have any of my current holdings available for investing. I think Ameritrade was the same.

Have a look at Interactive Brokers.

roosterman71 · 04-08-2020 12:37pm

In my early days, I invested in TAW, but that's not tradeable anymore and I lost out. It still shows in my portfolio on Degiro. How do you remove things like that?

Lex Luthor · 04-08-2020 1:11pm

I’m closing out my $ DKNG position and taking a small hit

Can’t see this one doing anything soon with sports looking bleak

Putting it where I can try recover some

A few junior silver miners below

Time to get a bit more into metals
$SILEF
$SSVFF
$AAFGG
$ABBRF
$GRSLF
$MRDDF
$RSNVF
$EXK
$ESKYF
$FSM
$ASM
$CDE

I’ve got a bit invested In Silvercrest $SILV already with about 7% gain

It might be a good time to look at one or two while there’s time

retalivity · 04-08-2020 5:58pm

NIO the most traded stock in 4 countries on Degiro last month, including Ireland

Underground · 04-08-2020 6:11pm

Switched to Interactive Brokers from Degiro about a month ago, would recommend. Good platform but would stick to the app and online portal and forget about the trader workstation.

Opened a Tastyworks account too but it took them forever to open it (c. 4 weeks) so will be closing it soon. Seems a neat platform though.

One More Toy · 04-08-2020 6:33pm

Underground wrote: »

Switched to Interactive Brokers from Degiro about a month ago, would recommend. Good platform but would stick to the app and online portal and forget about the trader workstation.

Opened a Tastyworks account too but it took them forever to open it (c. 4 weeks) so will be closing it soon. Seems a neat platform though.

Is there a 10k dollar minimum to open an account?

Underground · 04-08-2020 6:40pm

One More Toy wrote: »

Is there a 10k dollar minimum to open an account?

Nope, no minimum.

bcklschaps · 04-08-2020 6:48pm

One More Toy wrote: »

A little but I think long term the betting market in the US will open up

Agree with you.... and I hold a small position in DKNG. But would wait till it falls to maybe below $30 before adding anymore.

One More Toy · 04-08-2020 6:54pm

Underground wrote: »

Nope, no minimum.

Interesting, there was when I was first looking for a broker almost 10 years ago

Cute Hoor · 04-08-2020 9:22pm

One More Toy wrote: »

Interesting, there was when I was first looking for a broker almost 10 years ago

Minimum amount is gone, wasn't really being enforced anyway it seems.

Just be aware of the inactivity fee if your account value is less than $100k.

Accounts with less than $100,000 in net liquidation value are subject to certain monthly activity fees. While the first three months are free, after that time period, investors must generate a minimum of $10 in monthly commissions, or they'll be forced to pay the difference as an activity fee. For instance, an investor with a balance of less than $100,000 who places only a few trades in a month that generate only $3 in commissions will be assessed a $7 activity fee.

One More Toy · 04-08-2020 9:25pm

Cute Hoor wrote: »

Minimum amount is gone, wasn't really being enforced anyway it seems.

Just be aware of the inactivity fee if your account value is less than $100k.

Accounts with less than $100,000 in net liquidation value are subject to certain monthly activity fees. While the first three months are free, after that time period, investors must generate a minimum of $10 in monthly commissions, or they'll be forced to pay the difference as an activity fee. For instance, an investor with a balance of less than $100,000 who places only a few trades in a month that generate only $3 in commissions will be assessed a $7 activity fee.

I'll stick with degiro so, even though I oppose the new rollout of the German Bank account

Bob24 · 04-08-2020 9:36pm

One More Toy wrote: »

I'll stick with degiro so, even though I oppose the new rollout of the German Bank account

Why so?

One More Toy · 04-08-2020 9:38pm

Bob24 wrote: »

Why so?

I already have enough bank accounts on the go and could do without having to track another one

Maybe I'm just lazy but I haven't read up fully about the change. Do you have to transfer to this new bank account and then transfer to degiro or what?

Bob Harris · 04-08-2020 9:51pm

One More Toy wrote: »

I already have enough bank accounts on the go and could do without having to track another one

Maybe I'm just lazy but I haven't read up fully about the change. Do you have to transfer to this new bank account and then transfer to degiro or what?

All it means is that instead if your Degiro cash funds being deposited in an overnight money market fund it's now in a bank account.

The advantage is that it's now covered to 100k under the bank guarantee whereas before only to 2.5k

One More Toy · 04-08-2020 9:53pm

Bob Harris wrote: »

All it means is that instead if your Degiro cash funds being deposited in an overnight money market fund it's now in a bank account.

The advantage is that it's now covered to 100k under the bank guarantee whereas before only to 3.5k

Will it require a separate app? And going through the know your customer requirements again?

Bob Harris · 04-08-2020 10:00pm

One More Toy wrote: »

Will it require a separate app? And going through the know your customer requirements again?

You have to complete an online form, tbh not sure the extent of the KYC required as it's done through DeGiro the ID you have with them may be enough. Any lodgements or withdrawals are then to this a/c. https://www.degiro.ie/cash-account/

One More Toy · 04-08-2020 10:05pm

Bob Harris wrote: »

You have to complete an online form, tbh not sure the extent of the KYC required as it's done through DeGiro the ID you have with them may be enough. Any lodgements or withdrawals are then to this a/c. https://www.degiro.ie/cash-account/

OK I'll finally read up on it and see what it involves thank you

AlmightyCushion · 04-08-2020 10:06pm

One More Toy wrote: »

Will it require a separate app? And going through the know your customer requirements again?

I'm assuming it will be pretty much invisible to the end user. Your DeGiro account will just show you have €X,XXX in your balance. You buy shares the money comes from that balance. You sell shares the money shows up in that balance. No separate app or anything. Same way it works now except without your balance dropping all the time. This is just an assumption so I could be wrong.

Bob24 · 04-08-2020 10:06pm

One More Toy wrote: »

Will it require a separate app? And going through the know your customer requirements again?

TBH I don’t know for sure, but I am expecting the new account is just a backend thing will just replace the MMF balance in the Degiro App/website with no change of how things work for the customer besides a new IBAN.

If it involves fragmenting the UX and making things more complicated for sure I wouldn’t like it either. But I don’t think they are that bad.

One More Toy · 04-08-2020 10:11pm

AlmightyCushion wrote: »

I'm assuming it will be pretty much invisible to the end user. Your DeGiro account will just show you have €X,XXX in your balance. You buy shares the money comes from that balance. You sell shares the money shows up in that balance. No separate app or anything. Same way it works now except without your balance dropping all the time. This is just an assumption so I could be wrong.

I read up on it and you're dead right, it will be integrated into degiro directly, no need for another app it seems. Interesting is that the account will have negative interest rates, compensated by degiro up to €2500

AlmightyCushion · 04-08-2020 10:16pm

One More Toy wrote: »

I read up on it and you're dead right, it will be integrated into degiro directly, no need for another app it seems. Interesting is that the account will have negative interest rates, compensated by degiro up to €2500

That's the same or similar to the MMF. Pity it has a negative interest rate but I assume the deduction and compensation will only be done once a year now instead of every day.

One More Toy · 04-08-2020 10:18pm

Does anyone else watch mad money with Jim cramer on cnbc?

It's on at 11pm, scheduled fine on my iptv set up but on my sky go app (a friend's login) they show a talk show

Bob Harris · 04-08-2020 10:38pm

One More Toy wrote: »

Does anyone else watch mad money with Jim cramer on cnbc?

It's on at 11pm, scheduled fine on my iptv set up but on my sky go app (a friend's login) they show a talk show

Hi, I'm Jim Cramer. Welcome to MAD MONEY. Welcome to Cramerica. Other people want to make friends, I just want to try to make you money. My job's not just to entertain but to educate you.

One More Toy · 04-08-2020 10:39pm

Bob Harris wrote: »

Hi, I'm Jim Cramer. Welcome to MAD MONEY. Welcome to Cramerica. Other people want to make friends, I just want to try to make you money. My job's not just to entertain but to educate you.

BOOYAH!

Share Picks 2020

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