Share Picks 2020

DutchYurt · 19-11-2020 06:35PM

Bob Harris wrote: »

Are you dollar cost averaging or just averaging down?

After an initial large buy I am DCA'ing double the amount of the original buy I bought in so half/half - maybe DCA isnt the correct term in this situation

Bob Harris · 19-11-2020 06:51PM

DutchYurt wrote: »

After an initial large buy I am DCA'ing double the amount of the original buy I bought in so half/half - maybe DCA isnt the correct term in this situation

An initial large buy and then you bought in again but double the original amount?

DCA'ing is deciding an amount to invest in a company and then spreading out the investment over time at regular intervals.

By my understanding you've doubled down after the SP fell following the initial buy. Basically averaging down hoping the price pops so you can let go of the bag you've been holding. Been there, done that, will do again.

As for Edesa, I only know of it from your posts on here. A lot more often than not I've found that patience rewards more than trying to trade your way out of trouble. Buffets line about the market being an efficient mechanism to transfer wealth from the impatient to the patient is very true. If you feel Edesa have potential catalysts and nothing fundamental has changed since your initial reason for buying then consider the patience option.

DutchYurt · 19-11-2020 06:58PM

Bob Harris wrote: »

An initial large buy and then you bought in again but double the original amount?

DCA'ing is deciding an amount to invest in a company and then spreading out the investment over time at regular intervals.

By my understanding you've doubled down after the SP fell following the initial buy. Basically averaging down hoping the price pops so you can let go of the bag you've been holding. Been there, done that, will do again.

As for Edesa, I only know of it from your posts on here. A lot more often than not I've found that patience rewards more than trying to trade your way out of trouble. Buffets line about the market being an efficient mechanism to transfer wealth from the impatient to the patient is very true. If you feel Edesa have potential catalysts and nothing fundamental has changed since your initial reason for buying then consider the patience option.

Oh sorry, let me explain eg - bought in for 1000 initially, but will buy an additional 2000 more but using the DCA (200 at a time) method if that makes sense!

Appreciate the advice - it started to fall when I got in bed with Fastly so ive had alot of red days and my hands are getting weaker!

I was just wondering if anyone else was in them to see if they were seeing something I wasn't!

RIGOLO · 19-11-2020 07:33PM

DutchYurt wrote: »

Oh sorry, let me explain eg - bought in for 1000 initially, but will buy an additional 2000 more but using the DCA (200 at a time) method if that makes sense!

Appreciate the advice - it started to fall when I got in bed with Fastly so ive had alot of red days and my hands are getting weaker!

I was just wondering if anyone else was in them to see if they were seeing something I wasn't!

Investing in bio, esecially bio research companies is ALWAYS high risk but high reward.
I took a look at Edesa , my 2 cents , they seem legit, have some products and are targetting a medical sector that has huge demand, so IF they make the breakthrough it will be huge.

But their clinical pipeline is all still in either Phase 1 or early Phase 2.. if your expecting regular news updates on these then you will be dissapointed, thats not how those trials work, its slow.
Still nothing in Phase 3, so until they get to Phase 3 no one will know how good their product is.

If I were you Id be using the FDA trials website to keep track of them, according to that 2 of their trials are still recruiting and the EB01 one seems to be late on reporting, although they recently announced enrollment completion, maybe thats Covid delays, not everythign is up to date.

https://clinicaltrials.gov/ct2/results?cond=&term=edesa&cntry=&state=&city=&dist=
https://clinicaltrials.gov/ct2/show/NCT03680131?term=eb01+dermatitis&draw=2&rank=1

Seems looks like a young pharma company to me , only 5 years old and only recently completing enrollments so it comes down to have you patience to wait anything from 6 months to 3 years for news and a pop, or do you have so much capital tied up in them you need to get out. Its a small float so they may need another dilution but even so its still a small float.

In my experience the first 5 years of any new bio company is spent with all the lab nerd PhDs runing around trying to bonk each other and just happy to have their first job. Once things settle down only then do they crack on with the work.

Interesting company, intersting product but its ultimately a bio-pharma punt, needs patience and risk and willingless to lose.
Ive lost on plenty of them but others Ive won on so thats the nature of the beast. Welcome to the club your now a bio-pharma venture capitalist Best of luck .

Edit : the people involved there seem very expereinced, so I stand corrected on my earlier comment , they are probably well past their days of chasing each other around the lab, and some have a history of developing companies and selling them on, so maybe thats what they are at here, looking for one more payday. And I see a UNC Medical Centre partnership on the EB01 trial. Thats how Id evaluate them and I freely admit Ive invested in bio pharma companies with far less credentials. So it will either end in riches or tears but it may take 3 years before you know for sure.

cmssjone · 19-11-2020 07:58PM

Augeo wrote: »

My reasoning is that they are working on treatments that might potentially be used in conjunction with an MSD blockbuster drug. The current SP is tiny relative to that potential. I bought most of my shares at 60% of what they are now so I'm not sitting on a loss and hoping for the best.

I’ve done a bit more reading about them. Do you think that they have a realistic chance of joining the NASDAQ? If so, what would the share price increase to? Can definitely see the potential with regards to finding that wonder drug.

RIGOLO · 19-11-2020 08:00PM

RIGOLO wrote: »

And AYRO is my EV play , Amazon are building a new distro centre near them and they do electric run abouts.

AYRO up 39% today . I had to wait 4 months to get back above my bep and see a bit of green as they had been hammered after I bought in.
Unfortunately Id cut some of my holding so its just reducing my losses which is still good.
So they were on my watchlist and Id spotted the run this morning but baulked at taking advantage. When a stock has bitten you once, one is wary of getting caught again but sometimes this hesitation is a mistake. The past is history, live for the future.

cronos · 19-11-2020 08:23PM

What do you guys think of INTERPACE BIOSCIENCES IDXG?

Cpfm · 19-11-2020 09:12PM

Timmaay wrote: »

NNDM back over 5$ (premarket), I'm very bullish on this company at the minute,they have about a 2year lead on their competitors.

https://youtu.be/9xzRymjXLKA

+15% as I type.... good call, thanks Timmaay

19-11-2020 09:39PM

cmssjone wrote: »

I’ve done a bit more reading about them. Do you think that they have a realistic chance of joining the NASDAQ? If so, what would the share price increase to? Can definitely see the potential with regards to finding that wonder drug.

They'll be on NASDAQ q1 2021 I expect....

Leeds, UK, October 22 2020, – 4D pharma plc (AIM: DDDD), a pharmaceutical company leading the development of Live Biotherapeutic products (LBPs) - a novel class of drug derived from the microbiome - and Longevity Acquisition Corporation (NASDAQ: LOAC) ("Longevity"), a NASDAQ-listed Special Purpose Acquisition Company (“SPAC”), today announce the proposed merger of the two companies. The deal is worth up to $37.6 million to 4D pharma. As a result of the merger, 4D pharma plans to launch a new NASDAQ-listed American Depositary Share (ADS) programme under the ticker symbol ‘LBPS’ and will immediately be admitted to trading on NASDAQ upon completion. 4D pharma will become dual-listed and ordinary shares will continue to be traded on AIM under the ticker symbol ‘DDDD’.

The motivation from 4d is clear... 'Duncan Peyton, CEO, 4D pharma. “A NASDAQ listing allows 4D pharma to capitalise on increased interest from US healthcare investors in recent years, providing access to a much larger pool of specialist capital, and increasing our global profile and exposure. NASDAQ is a very positive environment for growing, innovative biotech companies'

Impossible to guess quantify the impact TBH as I'd expect some good news RNSs to be released also...... Recent highs of 1.70 ish should be surpassed easily IMO over the coming months.

riddles · 19-11-2020 11:30PM

GEVO had a run today because of this - NOV 19, 2020
Aviation pollution targets set out in new US bill
A Sustainable Aviation Fuel Act, an innovative bill that takes a first step toward cutting the climate-harming pollution from aircraft, has been introduced in the US.
The bill, introduced by Julia Brownley (D-CA), sets clear targets for the aviation sector to cut emissions to put the sector on a path to net-zero emissions by 2050.
The bill provides incentives for the production of high quality sustainable aviation fuels with a requirement that all these fuels, at a minimum, meet international standards.- 12bn$ in grants for alternative fuel options

bilbot79 · 19-11-2020 11:53PM

What do folks think on Tesla? Can it really go much higher than it is now?

namloc1980 · 20-11-2020 12:06AM

bilbot79 wrote: »

What do folks think on Tesla? Can it really go much higher than it is now?

Every ETF and fund in the world that tracks the S&P 500 will need to add Tesla to their portfolios in the coming weeks. There'll be a lot of demand and price pressure in the short term.

Supercell · 20-11-2020 09:47AM

Interesting article on PLTR on Seeking Alpha - https://seekingalpha.com/article/4390525-what-palantir-is-not
I bought some of these as a yolo buy a few days ago but have to say this doesnt sit well. I have a simple rule when buying stocks - if I dont understand what the company does then dont buy it. Its why I never buy pharma stocks as I haven't a clue about that industry. I think $20 is likely on this in the next week or two at most and I'll exit then. maybe I'm passing up an opportunity but so be it.

Heres another interesting article, this time on RIDE which had a mad run this week - https://investorplace.com/2020/11/dancing-around-wont-save-lordstown-motors-from-hitting-0/
Its funny, NIO had armageddon type articles too back when its price was cratering but then it had Chinese government support which can never be discounted I suppose, hard to see the same hail mary for RIDE, think I'll steer well clear for now.

Anything EV is white hot these days, wouldn't be surprised to see VLDR take a pop any day soon back to the $30 mark, the EV space is one I am doing a lot of reading on recently, I think there are other nascent Tesla's out there ripe for the picking with a bit of research, and luck.

DutchYurt · 20-11-2020 10:47AM

RIGOLO wrote: »

Investing in bio, esecially bio research companies is ALWAYS high risk but high reward.
I took a look at Edesa , my 2 cents , they seem legit, have some products and are targetting a medical sector that has huge demand, so IF they make the breakthrough it will be huge.

But their clinical pipeline is all still in either Phase 1 or early Phase 2.. if your expecting regular news updates on these then you will be dissapointed, thats not how those trials work, its slow.
Still nothing in Phase 3, so until they get to Phase 3 no one will know how good their product is.

If I were you Id be using the FDA trials website to keep track of them, according to that 2 of their trials are still recruiting and the EB01 one seems to be late on reporting, although they recently announced enrollment completion, maybe thats Covid delays, not everythign is up to date.

https://clinicaltrials.gov/ct2/results?cond=&term=edesa&cntry=&state=&city=&dist=
https://clinicaltrials.gov/ct2/show/NCT03680131?term=eb01+dermatitis&draw=2&rank=1

Seems looks like a young pharma company to me , only 5 years old and only recently completing enrollments so it comes down to have you patience to wait anything from 6 months to 3 years for news and a pop, or do you have so much capital tied up in them you need to get out. Its a small float so they may need another dilution but even so its still a small float.

In my experience the first 5 years of any new bio company is spent with all the lab nerd PhDs runing around trying to bonk each other and just happy to have their first job. Once things settle down only then do they crack on with the work.

Interesting company, intersting product but its ultimately a bio-pharma punt, needs patience and risk and willingless to lose.
Ive lost on plenty of them but others Ive won on so thats the nature of the beast. Welcome to the club your now a bio-pharma venture capitalist Best of luck .

Edit : the people involved there seem very expereinced, so I stand corrected on my earlier comment , they are probably well past their days of chasing each other around the lab, and some have a history of developing companies and selling them on, so maybe thats what they are at here, looking for one more payday. And I see a UNC Medical Centre partnership on the EB01 trial. Thats how Id evaluate them and I freely admit Ive invested in bio pharma companies with far less credentials. So it will either end in riches or tears but it may take 3 years before you know for sure.

Thanks Rigolo! Really appreciate the time you put into that, I didn't expect that at all! Will take everything you said onboard! Thanks again!

dinneenp · 20-11-2020 10:48AM

bilbot79 wrote: »

What do folks think on Tesla? Can it really go much higher than it is now?

People have been asking that question for years.....

Kilboor · 20-11-2020 10:50AM

I've played Biotech well this year a good few times. You don't want to be holding them long term. The best time to get out of 4d Pharma is a day or two before the news. Take your profit from the run up (which could be as much as 100% +, however 30% + is excellent in itself), and don't look back.

Cheap BioTech is for swing trading not long term holding. Sell before news I say.

Kilboor · 20-11-2020 10:54AM

bilbot79 wrote: »

What do folks think on Tesla? Can it really go much higher than it is now?

I've been bullish on Tesla going back 5 years but I think it will start to consolidate and growth will slow over the next year. The cybertruck is the most interesting thing they're doing from a business point of view but as for the rest of their line up, it's getting a bit stale and competition in those ranges is increasing.

Always good to have as part of a diversified portfolio though

RIGOLO · 20-11-2020 11:06AM

Folks these are just thoughts, Im not preaching or telling or dictating to anyone , Im finding this forum useful to get some ideas out.
Its a free'ish world, read if you wish dont read if wish, freedoms are precious dont let anyone take any of yours or even your neighbours away.

Ive been watching bitcoin chart all week to the point where when I close my eyes I can still see its vague outline.
This morning it seems to be holding firm above 18k in a manner not seen before. All bodes well to a green day and Project RIOTMARA as Ive been nibbling at them throughout the week on dips. Looking for relationships and maybe the description of BTC as Gold 2.0 and it being a legitimate haven is coming to fruition.

The general market is currently digesting some of the big numbers , debt is spiraling (duh yeah tell us something we dont know) , corporate debt has been growing this year at rates not seen for a decade as many companies look to the capital markets to refinace and survive, similarily the level of share offerings are also at record levels , again another means for companies to recapitalise but the danger of this is share dilution. But not every company has done this so are surviving on fundamentals. Yet all this corporate debt will have to repaid down the line. Just have to look at China where SOEs (stae owned ent.) have recently defaulted on a number of bond interest repayments to realise that day when the money lender arrives at the door with his pitbull in tow is already upon us for some companies.

Which leads me to think any additions to the portfolio should pay big attention to the balance sheet and debt and float (duh yeah thats always been the case), so well run companies in emerging buisness with room to grow and good financials are gogin to be solid for 2021, companies like CRSR.

But than all of the above is bull**** and doesnt apply if you look at some sectors.

I spoke of rotation to ASia, I spoke of looking at upcoming earnings and so I bought into BILI , a mobile content deliverer, they released earnings and losses were larger than expected so you expect a drop, but no it rallied 20%, why because actual viewers had increased considerably and revenue up, so finiancials bad but stock price goes up.

Everyone here who trades stocks (im excluding people who post here but dont actually trade or tell us what they trade) seems to have experience of this where the SP didnt move in a way they expected post what earnings or balance sheet was saying.

So maybe todays lesson (again, how many times do we need to learn this) is that as always the balance sheet is important in some sectors but meaningless in others. You just have to seperate those sides of your brain when buying into stocks in different sectors. It makes sense, so buy it, it makes no sense but buy it anyways.

VIX has stabilised but the volatility where previously was across all sectors seems to be more containerised . EVs and all things EV seems to be this weeks VIX toy so lets see if we can play this. The likes of GEVO,AYRO,BLNK,CBAT are all on the radar this morning to see if they are going to run some more.

Now if your happy to invest long dont feel the need to day trade, swing trade scalp etc. just cos you see others here doing it. As I say we are all differnet at differnet times of life, different access to capital different needs, so feel free to sit it out. Just do me a favour and dont pss on our parade, your free to enjoy watching us fools fall on our face (or maybe we dont

)

Stablelad123 · 20-11-2020 11:18AM

DutchYurt wrote: »

Edesa has dropped below the 5$ resistance with a new low today of 4.89$ and I'll be honest, I'm now starting to worry.. It's been roughly a month since they released news about FDA clearance for Phase 2 so news should be coming soon. I've been saying should alot..

I can't make sense as to why it is still going down, I learned yesterday that a hedge fund bought 120k shares at an avg of 8$ in Q3 (owning about 1.28% of the company) whilst there has been insider buying a few weeks back for 4$ but yet it keeps dripping down.

I'll hold my weak hands for now but if it tests the 4.80 level I can't keep DCA'ing from lack of funds so I'll reconsider the advice I read awhile ago of watering the flowers and cutting the weeds at a 30% loss.

Any one else thoughts on Edesa?

They have an active ATM offering which was filed end of September. This might explain some of the selling. You will know more when they file the next 10Q.

DutchYurt · 20-11-2020 11:25AM

RIGOLO wrote: »

Ive been watching bitcoin chart all week to the point where when I close my eyes I can still see its vague outline.
This morning it seems to be holding firm above 18k in a manner not seen before. All bodes well to a green day and Project RIOTMARA as Ive been nibbling at them throughout the week on dips. Looking for relationships and maybe the description of BTC as Gold 2.0 and it being a legitimate haven is coming to fruition.

Hey Rigolo, maybe something of interest to you but if you look at the Hash Ribbon indicator for BTC at each halfing they have had it has steadily increased, the more mining the more expensive it gets to mine, at the moment the hash ribbon is in a decrease which they think is due to wet season in china (the miners are moving their equipment to a drier place to begin mining again).

Looking at the hash ribbon historically after a halving historically has seen a massive rise in the price worth to keep an eye on too when making decisions on BTC!

I spoke with someone who knows the ins and outs of it entirely, they bought a few coins when they were in the 100 mark so just sharing the info.

Timmaay · 20-11-2020 11:26AM

Cpfm wrote: »

+15% as I type.... good call, thanks Timmaay

Uggh more share dilution. Back to 4.20 premarket. The last one (only back in October) got bought up fast at least. I'd hold off buying anymore to see how the next few days go anyways.

RIGOLO · 20-11-2020 01:19PM

RIGOLO wrote: »

MCPHY (22 euro)- Hydorgen electrolysers , French company, met some of their scientists recently I think they are on the cusp of some breakthrus...

MCPHY hitting all time highs closing on 32 euro. The French might be the surrender monkeys of history but they are often on the cusp of breakthroughs

Nice solid gains in under 6 weeks, looks like we will all be pulling up to hydrogen electolyser powered EV charging stations to recharge our NIOs which have CBAT batteries.

Stormington · 20-11-2020 01:57PM

VIX has stabilised but the volatility where previously was across all sectors seems to be more containerised . EVs and all things EV seems to be this weeks VIX toy so lets see if we can play this. The likes of GEVO,AYRO,BLNK,CBAT are all on the radar this morning to see if they are going to run some more.

I am sitting here salivating at the prospect of the Vix at or under 21. That's risk-off territory and the run after that will be crazy.

One of my sleepers was shilled to Chamath Palihapitiya yesterday on Twitter. Things are looking sweet.

DutchYurt · 20-11-2020 03:04PM

Compass pathways has popped up on my radar again who are developing psilocybin therapy to treat depression. I think it was mentioned here before.

Their IPO was in Sept and the price seems to have settled around the mid 30 range, but of course still early days.

Going to keep an eye on it for now but this could potentially be the stock that you lose your money on or get a 10x return.

RIGOLO · 20-11-2020 04:23PM

So this weeks early morning review of BTC is paying dividends.
Had to wait 4 months for MARA and RIOT to get the crypto boost and now that BTCs on a run , we see more green this morning.
Blackrocks CIO just stated cryptocurrency is here to stay and may replace gold. .
Yesterdays buy back into CBATs pullback is up 10%.
Time for a cup of tea to think about when/if we exit.

Mnuchins positive comment on the Covid stimulus talks has settled everyone down.

Cathie Wood and Ark investments they had a great chat with head of Gaming at Youtube. First 35 mins of this.
Its very interesting for anyone playing gaming, social media or computer peripherals for the next 5 years.
Watching this video and more importantly forcing my older kids who game to watch all 35 mins of it convinced me to add more CRSR. If they game they better be able to talk 'shop' also and advise on the portfolio.

I regret exiting BILI even if it was double digit gains, but thats the value sometimes of very active trading you eventually settle the portfolio into what you want it to be and have some knowledge in each sector. Nothing like having money in the pot to make you pay attention to what drives sectors.

Heres the video, worth the 30 mins, but a short version is we will all be playing 1000 person battle royal games on mobile devices whilst actively altering the games landscape in 5 years time.. Greta Thunberg will be dissapointed ..

Supercell · 20-11-2020 04:45PM

Another day with insane EV runs, had my eye on AYRO yesterday thinking there would be pullback today but now 50% up..lol is all i can say to that!
IDEX and GMHI are plays I think that could well explode next week, this is pure gambling though, big risk, big gains

Nemeses2050 · 20-11-2020 04:52PM

Shedite27 wrote: »

The CEO was on CNBC today talking through Amazon's move. I'm more bullish now after hearing what he had to say, basically that GoodRx still offers far more and bigger discounts than Amazon, and their model is quite different.

Up 10% today (still down 20% for the week)

GDRX moving up nicely today...

EV's on a mad-run....folks be careful jumping in now.

outonawing · 20-11-2020 08:24PM

Supercell wrote: »

Another day with insane EV runs, had my eye on AYRO yesterday thinking there would be pullback today but now 50% up..lol is all i can say to that!
IDEX and GMHI are plays I think that could well explode next week, this is pure gambling though, big risk, big gains

Been holding for awhile, any idea why GMHI jumped today?

RIGOLO · 21-11-2020 09:15AM

So bitcoin consolidates above 18k, hitting intraday highs but RIOT closes red.
Mara was up , not as much as I expected but the Riot move surprised me.

I wonder was it beacuse 10,000 calls at 6 and 18,000 at 6.50 were expiring yesterday. And Wall St manages to land the burning plane right on the button at 5.99 . 4 billion lost by shorts in BTC , I guess they had to find somewhere to limit losses.
Someone made a bad call, but some can get away with mistakes by manipulating the price and calling in some favours.
Its a rigged game, we all know that, thems the rules, deal with it.
Lets see how long they can fight against the tide.
ah well still a green day, the world is EV

crazy_kenny · 21-11-2020 11:45AM

Lads I have no knowledge of buying shares but a guy in work recommended this company to me.

https://imagionbiosystems.com/

The stocks were $0.12 Aud on Friday but they have been on a market halt since then waiting for some kind of announcement. Is that normally a good or bad sign?

Share Picks 2020

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