Share Picks 2020

Mickiemcfist wrote: »

Where do you see the value in Palantir? Other than the fact that Thiel is involved, I don't see the appeal.

I just found more positive reasons than negatives when researching them... the direct listing was a bold move , last big company to do this was SPOTIFY. If PLTR had done an IPO the underwriters would have hyped it per norm and it would have been over 50 on launch day. Going the direct listing pisses Wall ST off cos they lose the commission , so it takes them a while to come round and support your price.
Their guidance is for over 1billion revenue, and a 30% growth rate , thats more than many other cloud, data analytics, devops companies with larger valuations . They dont have alot of customers but the ones they do are the biggest commercial and government. Once you get your hooks into Govt contracts its impossible for them to get rid of you. Government and big data will go hand in hand. Plus their solutions biggest issue will be scaling DOWN, most companies develop a product for small customers and then have to figure out how to scale it up, PLTR started with the large corps , worked out the kinks and are now offering it to smaller companies. And sometimes I follow the money, the owners have a track record and options interest was strong.

Other posters here have done far better than me on this stock getting in much earlier, lets see how it rolls in the next couple of days.

Still a very green day for me, some large holdings are well up NCYT, APT, INO NVAX and WKHS among others which is masking the hit im taking on PLTR.

Rome wasnt built in a day ..

long post , feel free to ignore

So warts and all stories are both catharthic and may help newer investors learn somethings , in fact older investors everyone can do with a refresher every so often .

Ive said before I spend weekends researching upcoming earnings, so last weekend my research lead me to plan a very aggressive active week . To be honest after the previous weeks election turmoil and late nights its been demanding, anyways enough violins.

So first thing Monday bought into BIONTECH, had seen their earnings were coming up, saw the Pfizer hookup, saw they had brought the date forward and saw big options interest, and expected positive vaccine news .
What I didnt forsee was the collapse it would bring to some sectors and the mad ramp it brought to cyclicals , that was the other side of the trade to play. I didnt but we made some on BNTX

Then I went into the next part of the plan, swing trading /chasing/investing/gambling/speculating whatever you want to call it. Im not listing all my trades ..

Took profits in NIO, added some some dry powder, took profits in CRSR from a short play on their earnings, jumped in on PLTR.
Was monitoring LI,XPEV , weekends research told me to do so, but didnt bite, did trade a mid day dip in both during yesterdays Chinese EV all you can eat buffett and clawed some back.
Bought into DOYU and BABA cos I see huge Asia sector rotation but hadnt spotted that PDD a BABA Asia online shopping rival was reporting this week and they popped.

So morals of the story , (I dont claim to be unique in thinking any of these, there are many on here who see this and more)
1) Cyclicals, travel,hotels,cinema will rebound considerably when we reopen, lets keep some cash on the side to play that when it happens.
2) Look to the oppossite side of a trade , if someone will bring positive news, be careful its not a negative for another holding or a positive for another sector.
3) Play sectors , if you spot a winner, then theres a big chance his competitors in the same game will be a winner. (Alternatively you can play Jims sector.. its non-existent there are no stocks in it)
4) The value of holding, all that and yet sitting tight on NIO probably would have the same net result.
5) Character - who you are plays a huge part in how you trade. Appetite for risk, patience, discipline,zest for life and age etc. Your biggest enemy is yourself.
6) Asis ASia Asia
7) Research Research research

So where are we today still in the green on the week, NCYT recovered alot of its losses, Ive increased my holding having bought big in the dips.
And we move onto next week with a trade on JD.com .
As for Palantir, well Ive two thoughts. Firsty Ive worked on US Government contracts from the technical side in the past, currently stil do in fact, and once the hooks are in the hooks are in and they have big budgets. Lets see what the analyst upgrades are next week.
Secondly well my youngest still needs walking to school only 8, I had promised here midweek some Fortnite V-bucks as she asked how the investments are going, I told her we bought a US Govt spy company (PLTR) and if they did well she would get extra v-bucks. I had to tell her this monring they were red overnight no extra v-bucks, but she still gets the basic amount promised. Her response -- I told you you should have held onto the chinese EV stocks, which she had, its a joy to talk investments with your 8 year old walking to school, like I said never ignore a source and its not all about the money

But not to worry as long as the log of 2 is on our side we will win.
This all goes into the trading journal, cant recommend having a journal highly enough.

RIGOLO wrote: »

As for Palantir, well Ive two thoughts. Firsty Ive worked on US Government contracts from the technical side in the past, currently stil do in fact, and once the hooks are in the hooks are in and they have big budgets. Lets see what the analyst upgrades are next week.
Secondly well my youngest still needs walking to school only 8, I had promised here midweek some Fortnite V-bucks as she asked how the investments are going, I told her we bought a US Govt spy company (PLTR) and if they did well she would get extra v-bucks. I had to tell her this monring they were red overnight no extra v-bucks, but she still gets the basic amount promised. Her response -- I told you you should have held onto the chinese EV stocks, which she had, its a joy to talk investments with your 8 year old walking to school, like I said never ignore a source and its not all about the money

and just like that PLTR are back in green up 6%
So do I tell her when her mother brings her home from school we are green and she better hit me now for those Fornite v-bucks before the Friday sell off ?

BRH , RMS, CBAT, NIO, LI all seeing some nice action since reentry, happy ending for the week.
That is a plus side of an agressive trading week, it gets you in the game and willing to hit the enter button and not be humming and hawing...

Congrats to everyone, this week we win even if BNTX and their vaccine knocked 5 years off all our lives, some of you can afford it, I dont have 5 to spare... have a great weekend everyone .