Share Picks 2020

RIGOLO · 10-11-2020 05:24PM

Nemeses2050 wrote: »

CRSR blows away estimates and still down

OPK health flying

regards Netflix, there's too many streaming sites now and Netflix won't be seeing the same robust growth going forward...so may be that explains why its down

Im getting really tired of that scenario, blowing away estimates and a stock tanks. Its happening far too often, whilst companies that scrape by and never turn a profit go up.
What can you say, you spotted a gem, with potential, it realised the potential but the game is rigged. Just repeat and hope for some rational to return to investing. Im going to hold long term on it, may even buy more

Yes OPK is doing well , testing testing testing . Covid.. it hasnt gone anywhere

Nemeses2050 · 10-11-2020 05:35PM

That has been the pattern this Quarter...will see how it holds today...

A lot of IT stocks down...JFrog at the lowest

Mickiemcfist · 10-11-2020 05:58PM

Picked a bad day to go in on Fiverr, bought @ 179 on Friday, trading at 139 now. Thankfully it's my only position in the red but Jesus I barely had time to put my hands back in my pocket. Just wish I bought a week later.

DutchYurt · 10-11-2020 06:27PM

Mickiemcfist wrote: »

Picked a bad day to go in on Fiverr, bought @ 179 on Friday, trading at 139 now. Thankfully it's my only position in the red but Jesus I barely had time to put my hands back in my pocket. Just wish I bought a week later.

Ooof sorry to hear thats quite the swing, I feel your pain. reckon there will be more pain or 139 is a buy opportunity?

Mickiemcfist · 10-11-2020 07:40PM

DutchYurt wrote: »

Ooof sorry to hear thats quite the swing, I feel your pain. reckon there will be more pain or 139 is a buy opportunity?

Yea I'll wait two weeks and go in again, it's a long term play but what a start!

RIGOLO · 10-11-2020 10:55PM

Nemeses2050 wrote: »

That has been the pattern this Quarter...will see how it holds today...

A lot of IT stocks down...JFrog at the lowest

CRSR Looks to have recovered well, strong finish .
And a solid well run company it seems, thsi might be a keeper.

Im tempted by JFROG at these prices.

T.Chunter164 · 10-11-2020 11:02PM

RIGOLO wrote: »

Looks like NASDAQ is having a sell off, Jimbo (the CNBC Mad Money Jim Cramer) did call it saying a multi-day Nasdaq sell off was on the cards.
Could this be the valuation reckoning we all new was due . Beware how the big boys play, they will let you down so gently you wont even know you lost a packet until its too late.. I speak from experience.

Im going to pass on PLTR for now.

Asia Asia Asia.. seems to be where its at. Picking up some Lenovo when mkts open tonight.

As long as the VIX is high the volatility will provide opportunity , big trading houses are flat out picking pi's pockets.
Another sure sign .. when NIO turns red somethings going on still it made a few bucks for many here .

Guys please do not base your investing on Mad Money's Jim Cramer, do the research yourself and keep an eye on potential news around whatever company you are investing in - as example, e-commerce now leading up to the Christmas season - or energy stock in the US given Biden being elected as president.

RIGOLO · 10-11-2020 11:51PM

T.Chunter164 wrote: »

Guys please do not base your investing on Mad Money's Jim Cramer, do the research yourself and keep an eye on potential news around whatever company you are investing in - as example, e-commerce now leading up to the Christmas season - or energy stock in the US given Biden being elected as president.

Completely disagree with this sentiment . 100%

To glibly dismiss everything Jim Cramer says is such a tired line everyone throws out to sound informed. Jim Cramer a trader for nearly 50 years , in the spotlight for 30 years on the business channel that sets the bar for others to follow and people think he doesnt have any value.

I dont care who says what, you dont have to look at the man who speaks it, just listen to the words been spoken , and then I decide if they reasonte with you.

So if 2 days ago Jim Cramer says be careful folks this Nasdaq sell off could be multi-day, it gets me thinking. And as things have transpired Jim seems to have been right. Helped me decide not to take a punt on PLTR, seems if others had listened they too might not have got burned in this 2 day NASDAQ sell-off.
Perhaps others had worked this all out from first principles. In a busy day with alot of distractions I welcomed Jims contribution to setting the scene.

Sure he acts crazy on TV , he may be out of his head some days, and like any self-respecting hedge fund manger he probably pulled every dirty trading trick in the book in his days at Goldman Sachs and managing his own fund.
But in the trading world in my opinion you should listen to every and any source particularily someone whos been in all the positions imaginable .

Should you do exactly what he says every time, course not, whos dumb enough to do everything someone says. But no need to dismiss it .

Next you will be telling us Joe Kennedy should have ignored what his shoeshine boy was saying about the stock market in 1928, if he had ignored it he wouldnt have exited just before the great depression.

Dont ever ignore a source because of who they are with one caveat .
This does not apply to stock tip threads where the source gives no tips , in which case just ignore that.

feckn 2 and a half more hours for Hong Kong to open .. the things we do for money :rolleyes:

riddles · 11-11-2020 08:42AM

Is a subscription to the FT a valuable information source or is there a decent recommended alternative thx

Jim2007 · 11-11-2020 09:20AM

RIGOLO wrote: »

To glibly dismiss everything Jim Cramer says is such a tired line everyone throws out to sound informed. Jim Cramer a trader for nearly 50 years , in the spotlight for 30 years on the business channel that sets the bar for others to follow and people think he doesnt have any value.

Except he’s not a trader, but he’d like you to think he is. Like everyone else who makes money out of trading, as indeed I did, he’s in the picks and shovels business.

So if 2 days ago Jim Cramer says be careful folks this Nasdaq sell off could be multi-day, it gets me thinking. And as things have transpired Jim seems to have been right. Helped me decide not to take a punt on PLTR, seems if others had listened they too might not have got burned in this 2 day NASDAQ sell-off.

It’s just simple stats and a bit of probability theory for heaven’s sake.

Next you will be telling us Joe Kennedy should have ignored what his shoeshine boy was saying about the stock market in 1928, if he had ignored it he wouldnt have exited just before the great depression.

Except he did ignore it and took it as an indication of what a crazy situation it was.

The rest of your post just proves his point you’re taking a 50/50 bet on being able to guess when someone else is right or wrong! Hopefully people will see you are their shoe shine person!

Shedite27 · 11-11-2020 10:33AM

Yeah Cramer talks a lot of sense IMO, equally as likely to talk up JNJ as he is Fastly, anyone that can make him a bit of money, and is usually fairly good at telling you when to take a little off.

I can understand why some don't like his personality though

RIGOLO · 11-11-2020 10:37AM

Jim2007 wrote: »

Except he’s not a trader, but he’d like you to think he is. Like everyone else who makes money out of trading, as indeed I did, he’s in the picks and shovels business.

It’s just simple stats and a bit of probability theory for heaven’s sake.

Except he did ignore it and took it as an indication of what a crazy situation it was.

The rest of your post just proves his point you’re taking a 50/50 bet on being able to guess when someone else is right or wrong! Hopefully people will see you are their shoe shine person!

ahh Jims back.. still no stock tip Jimbo ..
Markets are open in Frankfurt and London , theres 3000 companies to choose from.. go on pick one

If your probability theory extends to calling somthing a 50/50 bet then its evident you know nothing on this subject.
Statistics was one of my own majors in college , but even so on that subject I do defer to the missus who was a lecturer in MIT and Harvard and outdoes me with her PhD in statisitcs. I freely admit its a topic I fear to thread on when she is about, I hate it that she lords it over me when it comes to that field.

Anyways newbies enough of Jim and his non stock tip posts in the stock tip thread.

I stand over my case of never ignoring a source and will do till my account closes.

My best ever trade was NVIDIA , many years ago we had an aupair from the Czech Republic, useless sod, took no interest in the kids, and no help around the house so we shipped him on after a few weeks.
But what he did pay ALL his attention too was a handheld device , he had just gotten the new NVIDIA handheld console, I took a look and was impressed.
So as he stuffed his face across the table from me , I determined if this kid is transfixed by this device then this company are onto something and this stock is a must buy.
NVIDA was $15 at the time ... the rest is history

so like I say never ignore a source
but do ignore people who never tip in a stock tipping thread.

Kilboor · 11-11-2020 10:41AM

Yesterday morning I closed out a position I had held for the last 4 years, in fact it may have been the first stock I ever bought! 4 years and a return of 50% (all this year)

Looking back I had no idea what I was doing back then but thankfully today I can pretend I know what I'm doing :cool:

Kilboor · 11-11-2020 10:47AM

RIGOLO wrote: »

ahh Jims back.. still no stock tip Jimbo ..
Markets are open in Frankfurt and London , theres 3000 companies to choose from.. go on pick one

If your probability theory extends to calling somthing a 50/50 bet then its evident you know nothing on this subject.
Statistics was one of my own majors in college , but even so on that subject I do defer to the missus who was a lecturer in MIT and Harvard and outdoes me with her PhD in statisitcs. I freely admit its a topic I fear to thread on when she is about, I hate it that she lords it over me when it comes to that field.

Anyways newbies enough of Jim and his non stock tip posts in the stock tip thread.

I stand over my case of never ignoring a source and will do till my account closes.

My best ever trade was NVIDIA , many years ago we had an aupair from the Czech Republic, useless sod, took no interest in the kids, and no help around the house so we shipped him on after a few weeks.
But what he did pay ALL his attention too was a handheld device , he had just gotten the new NVIDIA handheld console, I took a look and was impressed.
So as he stuffed his face across the table from me , I determined if this kid is transfixed by this device then this company are onto something and this stock is a must buy.
NVIDA was $15 at the time ... the rest is history

so like I say never ignore a source
but do ignore people who never tip in a stock tipping thread.

I enjoy reading your posts, I'm not sure if you're a mad man or semi genius but not that you were wrong to follow the very Peter Lynch strategy of seeing what people are enjoying, however Nvidia definitely aren't valued where they are today because of handheld gaming consoles. The shield division makes up a relatively small portion of the business.

What they are really successful at from a consumer facing point of view is graphics cards and from a less consumer point of view their chips for self driving technology and a range of other applications the day to day user wouldn't necessarily notice.

Mickiemcfist · 11-11-2020 11:07AM

Kilboor wrote: »

Yesterday morning I closed out a position I had held for the last 4 years, in fact it may have been the first stock I ever bought! 4 years and a return of 50% (all this year)

Looking back I had no idea what I was doing back then but thankfully today I can pretend I know what I'm doing :cool:

Nice, what was it?

Kilboor · 11-11-2020 11:25AM

Mickiemcfist wrote: »

Nice, what was it?

An Aussie stock, Barra Resources. At the time I invested into it purely because it was a cheap stock and similar companies (Galaxy Resources) had made a killing. It was involved with mining cobalt which I believed would be vital for the electric car industry but of course it was a stupid decision because I didn't know the first thing about mining or raw materials or the Australian market. Still I for some reason average downed my position to something like 0.025 aud.

After announcing their cobalt resource study which was underwhelming and released into a bearish cobalt market I decided to hold as the share price fell to 1 cents. Thankfully the company also holds some gold deposits and this allowed me to exit in the money this year with the rising price of gold.

A good learning experience I would say!

Mickiemcfist · 11-11-2020 11:32AM

Kilboor wrote: »

An Aussie stock, Barra Resources. At the time I invested into it purely because it was a cheap stock and similar companies (Galaxy Resources) had made a killing. It was involved with mining cobalt which I believed would be vital for the electric car industry but of course it was a stupid decision because I didn't know the first thing about mining or raw materials or the Australian market. Still I for some reason average downed my position to something like 0.025 aud.

After announcing their cobalt resource study which was underwhelming and released into a bearish cobalt market I decided to hold as the share price fell to 1 cents. Thankfully the company also holds some gold deposits and this allowed me to exit in the money this year with the rising price of gold.

A good learning experience I would say!

I remember looking at it a few years back myself, probably would have made the same decision had I not been buying a house at the time. Most people learn lessons from when they lost money, good going to learn and still be 50% up!

bfa1509 · 11-11-2020 12:00PM

All this good news has been hammering my Amazon position. Glad to see them in the spotlight again for abusing competition law - up 1.5% today

I think I'm beginning to understand how the market works... :pac:

RIGOLO · 11-11-2020 12:37PM

Kilboor wrote: »

I enjoy reading your posts, I'm not sure if you're a mad man or semi genius but not that you were wrong to follow the very Peter Lynch strategy of seeing what people are enjoying, however Nvidia definitely aren't valued where they are today because of handheld gaming consoles. The shield division makes up a relatively small portion of the business.

What they are really successful at from a consumer facing point of view is graphics cards and from a less consumer point of view their chips for self driving technology and a range of other applications the day to day user wouldn't necessarily notice.

agreed ... its a very different company now.. that was just a reason to enter at the time ... as you say the stuff going on with technology is incredible, especially at the chip and nic level, its hard to keep up but makes for an interesting hobby. I just got my new PI400 soc this week, best computer for 80euro you can buy.
I digress...
I hadnt heard it called Peter Lynch strategy, no doubt many abide by it, I used it again a few years ago to buy into Nike cos when I asked my kids what runners they wanted they always asked for Nike. (full disclosure I exited NIKE as they became too political, if the kids want NIKE shoes now, they can pay for it with their own money) you can add mean b*tard dad parent to my failings I can live with that.

Another day in the pit , this volatility wont last forever another 6-8 months, although my in house bio informatics statistician warns me you cant fight the virus or contacts or virus mutations . Lets hope she is wrong and gets back to cooking the dinner.
Best of luck to anyone trading. Do your due diligence but dont forget to look around you also, who knows just like that mask your wearing your next big earner (APT/LAKE) might be right under your nose .. literally.

T.Chunter164 · 11-11-2020 01:58PM

Jim2007 wrote: »

Except he’s not a trader, but he’d like you to think he is. Like everyone else who makes money out of trading, as indeed I did, he’s in the picks and shovels business.

It’s just simple stats and a bit of probability theory for heaven’s sake.

And a lot of people tend to forget how at Tesla's IPO and for weeks after, he vehemently dismissed the idea of Tesla stock potential, fast forward to years later and its worth hundreds, to a point where Musk himself said it was overvalued (I have to say though I very much disagreed with what musk said there)

jams100 · 11-11-2020 02:05PM

Got into alibaba yesterday.

I know they keep talking about regulating the likes of alibaba, Google, amazon and no doubt that would have a negative effect but at the end of the day when I want to find something on the Internet I'll be using Google and probably amazon, regardless of what regulations come in, and I guess the majority of people will do likewise. These companies are ingrained in most people whether we like it or not, I see the dip as good chance to get into a company I've been watching for a while.
What are peoples thoughts on baba specifically?

T.Chunter164 · 11-11-2020 02:10PM

jams100 wrote: »

Got into alibaba yesterday.

I know they keep talking about regulating the likes of alibaba, Google, amazon and no doubt that would have a negative effect but at the end of the day when I want to find something on the Internet I'll be using Google and probably amazon, regardless of what regulations come in, and I guess the majority of people will do likewise. These companies are ingrained in most people whether we like it or not, I see the dip as good chance to get into a company I've been watching for a while.
What are peoples thoughts on baba specifically?

I would personally wait on Alibaba, there's nothing wrong with buying now - analyst predictions are quite high indeed. BUT, with the failure of Ant group IPO recently, baba shares have taken a little beating and its uncertain how investors are going to react in the next few weeks. Ant group has tremendous effects on what happens to alibaba.

Shedite27 · 11-11-2020 02:45PM

jams100 wrote: »

Got into alibaba yesterday.

I know they keep talking about regulating the likes of alibaba, Google, amazon and no doubt that would have a negative effect but at the end of the day when I want to find something on the Internet I'll be using Google and probably amazon, regardless of what regulations come in, and I guess the majority of people will do likewise. These companies are ingrained in most people whether we like it or not, I see the dip as good chance to get into a company I've been watching for a while.
What are peoples thoughts on baba specifically?

I like the company, e-commerce + Cloud + China sounds like a winner.

Just be aware, the reason for the 10% drop this week has been the news tha China is gonna try to reduce their power https://www.bbc.com/news/business-54898357

Mickiemcfist · 11-11-2020 02:55PM

Tencent is my china play, their investment arm is very active so hopefully will unearth further value. Not a cheap stock though.

Timmaay · 11-11-2020 03:26PM

T.Chunter164 wrote: »

And a lot of people tend to forget how at Tesla's IPO and for weeks after, he vehemently dismissed the idea of Tesla stock potential, fast forward to years later and its worth hundreds, to a point where Musk himself said it was overvalued (I have to say though I very much disagreed with what musk said there)

Musk I think only said that in the context of the share split, as in the share price is too high to purchase individual shares, he also cleverly announced it on the 1st of may or 5/1 in US format and then had a 5 to 1 share split lol.

ganmo · 11-11-2020 03:50PM

Kilboor wrote: »

Yesterday morning I closed out a position I had held for the last 4 years, in fact it may have been the first stock I ever bought! 4 years and a return of 50% (all this year)

Looking back I had no idea what I was doing back then but thankfully today I can pretend I know what I'm doing :cool:

Ya dont loose or make money until the day you sell

Liamo_mu · 11-11-2020 03:52PM

Bought in to Shopify yesterday hoping to make a quick flip but the more I think about it I'm considering holding on.

I wonder if they are possibly considering a stock split. Usually results in an inflated stock price even if only temporarily.

helimachoptor · 11-11-2020 03:55PM

wix having a nice bump in advance on their earnings call tomorrow

DulchieLaois · 11-11-2020 03:55PM

Is BOI with a quick flip on the possibility of brexit trade deal ?

RIGOLO · 11-11-2020 04:25PM

Nemeses2050 wrote: »

CRSR blows away estimates and still down

What a difference 24 hours make. Im in and out like the bishop and the nun ,
Thanks for the tip.
Happy with a small profit. People understimate the power of small gains compounding over time, plus it hones the skills in having a plan, executing the plan and exiting , even if theres some potential profit left on the table down the road. We all trade the same stocks but each has a different plan, timeframe and goals.

Solid company all the same good luck .

Share Picks 2020

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