Share Picks 2020

RIGOLO · 27-11-2020 04:44PM

So a few stocks dropping double digits % and a few more bigger holdings jumping high single or jumping double digit % .

And then a few Id been watching but not entered decided to make a jump today.
SOL up 20% and NNOX up 10% (may not be too late to get in, this pop is because they announced they will demo their xray mri machine on Dec 3rd at a radiology summit)
So thats okay, if you find a winner but dont buy in you can always take away the confidence that you can find a few gems, so just go repeat the process and you learn the stoic humbling wisdom of failure.

Good call whoever tipped NNDM (I didnt buy in) , seems Israeli and NANO is all thats needed.

And CRSR still on a down channel, but I will continue to buy in and build my stake. Im currently building a new system for one of the kids, going to load it up with CRSR products, thats sure to tip the scales :rolleyes:.

Kilboor · 27-11-2020 04:57PM

jinish wrote: »

Quick question if someone can help.
My holdings in Degiro is 50% up.
However i havnt withdrwn it to an Irish Bank account.
During the last 6 months I bought many and sold many. Some made profits and some loss. As of today the portfolio us up 50%.
In terms of CGT, am I supposed to pay this years' gain even if i didn't withdraw the fund back to Ireland? The associated ac in Germany.
Or is CGT paid only when I withdraw the money back to my Irish Acc?
I am Cognizant about the 1200 exemption too, and would like to claim it. However I am reluctant to withdraw fund back to Ireland and the send back again.
Any help would be appreciated.

As soon as you sell your holding on degiro - regardless of where degiro hold your money - you are liable to pay any gains over the exemption as tax.

So yes you have to pay even though you haven't withdrawn it to Ireland.

Liamo_mu · 27-11-2020 05:30PM

What's everyones thought on the travel industry?

Namely cruise lines. They are the highest they have been post Covid. Do we think they will drop again or is this the steady climb back to normality?

Trying to decide if I sell. If I sell I would definitely plan to buy it back since I think long term they reach close to their old values or atleast much close than they are now.

DutchYurt · 27-11-2020 05:45PM

jinish wrote: »

Quick question if someone can help.
My holdings in Degiro is 50% up.
However i havnt withdrwn it to an Irish Bank account.
During the last 6 months I bought many and sold many. Some made profits and some loss. As of today the portfolio us up 50%.
In terms of CGT, am I supposed to pay this years' gain even if i didn't withdraw the fund back to Ireland? The associated ac in Germany.
Or is CGT paid only when I withdraw the money back to my Irish Acc?
I am Cognizant about the 1200 exemption too, and would like to claim it. However I am reluctant to withdraw fund back to Ireland and the send back again.
Any help would be appreciated.

I think if it goes into your DE one you don't have to declare it.. I'm not a tax accountant though. Mine is linked to my dutch account and the capital gains tax here is practically nothing so the irish gov will never see a penny of it.

retalivity · 27-11-2020 05:47PM

Treppen wrote: »

Same here. Any news?

Havent a clue, had nearly forgot about it til I saw it at the top of my green list today.
Bought into Palantir on a falling edge at 26.80, seems to be all over the shop today.

DutchYurt · 27-11-2020 05:47PM

Liamo_mu wrote: »

What's everyones thought on the travel industry?

Namely cruise lines. They are the highest they have been post Covid. Do we think they will drop again or is this the steady climb back to normality?

Trying to decide if I sell. If I sell I would definitely plan to buy it back since I think long term they reach close to their old values or atleast much close than they are now.

I think they might come back down a bit but for cruise lines i'd back Norwegian from what I can gather they own the fleet so they aren't paying any rental/lease fees etc.

Supercell · 27-11-2020 06:12PM

retalivity wrote: »

Havent a clue, had nearly forgot about it til I saw it at the top of my green list today.
Bought into Palantir on a falling edge at 26.80, seems to be all over the shop today.

Wouldn't read too much into today, thats probably not a bad entry, I reckon PLTR will go to near $40 before the FOMO wears off, $30 was already busted so resistance wont be much there, annoyed at myself for selling at $20 because I don't understand the company very well, that rule should really apply for long term holds, here the TA was screaming up and I ignored that, my loss, learning experience.

I think every-man and his dog is looking for $40 so it wont quite get there in the near term, personally would be looking to set tight stops around $38 if/when it passes there.

jinish · 27-11-2020 06:23PM

Kilboor wrote: »

As soon as you sell your holding on degiro - regardless of where degiro hold your money - you are liable to pay any gains over the exemption as tax.

So yes you have to pay even though you haven't withdrawn it to Ireland.

Thank you! Will sort everything during weekend

jinish · 27-11-2020 06:27PM

DutchYurt wrote: »

I think if it goes into your DE one you don't have to declare it.. I'm not a tax accountant though. Mine is linked to my dutch account and the capital gains tax here is practically nothing so the irish gov will never see a penny of it.

Its the Degiro Account thats based in Germany.

freyners · 27-11-2020 06:36PM

jinish wrote: »

Quick question if someone can help.
My holdings in Degiro is 50% up.
However i havnt withdrwn it to an Irish Bank account.
During the last 6 months I bought many and sold many. Some made profits and some loss. As of today the portfolio us up 50%.
In terms of CGT, am I supposed to pay this years' gain even if i didn't withdraw the fund back to Ireland? The associated ac in Germany.
Or is CGT paid only when I withdraw the money back to my Irish Acc?
I am Cognizant about the 1200 exemption too, and would like to claim it. However I am reluctant to withdraw fund back to Ireland and the send back again.
Any help would be appreciated.

Been a while since I looked at this but you have a liability to tax on worldwide gains if you are both irish domiciled and irish tax resident. If you are irish resident but foreign domiciled you are liable to tax on any gains remitted into Ireland.

Domicile is a weird concept but a good overview is here

https://www.citizensinformation.ie/en/money_and_tax/tax/moving_country_and_taxation/tax_residence_and_domicile_in_ireland.html#

bcklschaps · 27-11-2020 06:53PM

Supercell wrote: »

Wouldn't read too much into today, thats probably not a bad entry, I reckon PLTR will go to near $40 before the FOMO wears off, $30 was already busted so resistance wont be much there, annoyed at myself for selling at $20 because I don't understand the company very well, that rule should really apply for long term holds, here the TA was screaming up and I ignored that, my loss, learning experience.

I think every-man and his dog is looking for $40 so it wont quite get there in the near term, personally would be looking to set tight stops around $38 if/when it passes there.

Mad share. Had gone up by double digit percentage practically every day for last two weeks.kicking myself that I didn't get in earlier. Was sitting on the pot at $15....but didn't shoot.

Seems to be running out of gas now at $28.

Bob Harris · 27-11-2020 07:23PM

VSTM was building up to a day like today for a week or more. Shot up Wednesday afternoon and in AH trading.
Something afoot but mere mortals like ourselves aren't privy to those goings on.
Sold 2/3 of my holding for above my average price overall but for a loss on the FIFO basis so will be a few quid off the CGT bill. Have 400 of them left at an avg of 1.41. We'll see if there is some news and a real pop or will go back to where they came from and wallow like they usually do. I've been holding for Verastem for 3+ years and had enough of them to be honest. There is better value to be had elsewhere like PIC (XL Fleet). Up nearly 25% since I got in on Tuesday.

OwlsZat · 27-11-2020 09:43PM

Bob Harris wrote: »

VSTM was building up to a day like today for a week or more. Shot up Wednesday afternoon and in AH trading.
Something afoot but mere mortals like ourselves aren't privy to those goings on.
Sold 2/3 of my holding for above my average price overall but for a loss on the FIFO basis so will be a few quid off the CGT bill. Have 400 of them left at an avg of 1.41. We'll see if there is some news and a real pop or will go back to where they came from and wallow like they usually do. I've been holding for Verastem for 3+ years and had enough of them to be honest. There is better value to be had elsewhere like PIC (XL Fleet). Up nearly 25% since I got in on Tuesday.

Ya it's a slow burner but the science is spot on. Big fan but likely a year from now until the big readouts. One of their molecules is an immune suppressor and appears extremely effective at dampening the cytokine storm COVID is famous for. If its not that has to be a buyout.

dazza181 · 27-11-2020 11:11PM

Kilboor wrote: »

Providence Resources Farmout finalised, going to be a tasty end to the month for me

+20% since. Great shout.

Unknownability · 28-11-2020 12:34AM

Eventbrite closed above $17 for the first time since Covid, took a lot of the gain off the table and went into Sabre. Sabre I hope and feel it has a lot to go, hasn't recovered like others.

Kilboor · 28-11-2020 12:59AM

dazza181 wrote: »

+20% since. Great shout.

Monday could be even better

pearcider · 28-11-2020 01:19AM

sReq | uTeK wrote: »

What do people think of NIO for long term 5+ years?

I was looking at people picks from the start of the year and surely this wins the thread. Hope you put the money in. What’s it up 3000 percent ?

makeorbrake · 28-11-2020 02:17AM

hottipper wrote: »

Aren't you just shorting the $dxy you'd want to hope the double bottom in the $dxy doesn't hold or say goodbye to the value of your bitcoins. My point is you don't need a whole industry for it.

There's far more to it than that. I think you may have misunderstood the proposition at hand.

Bob24 · 28-11-2020 10:41AM

hottipper wrote: »

Aren't you just shorting the $dxy you'd want to hope the double bottom in the $dxy doesn't hold or say goodbye to the value of your bitcoins. My point is you don't need a whole industry for it.

Different things.

Shorting the DXY pretty much involves being bullish the EUR. Being long BTC doesn’t (quite the opposite).

hottipper · 28-11-2020 11:36AM

Bob24 wrote: »

Different things.

Shorting the DXY pretty much involves being bullish the EUR. Being long BTC doesn’t (quite the opposite).

https://ibb.co/M5SxkDq
its not like this then? lets see the how the next 3 months work out

Bob24 · 28-11-2020 01:01PM

hottipper wrote: »

https://ibb.co/M5SxkDq
its not like this then? lets see the how the next 3 months work out

No it isn’t (at least no in my opinion).

The DXY tracks the value of the USD relative to other currencies (mostly relative to the EUR which is more than half of the DXY currency basket).

But if fiat currencies in general are getting debased, they can all fall against BTC regardless of how they are doing relative to each other. Plus BTC has its own head and tail winds which aren’t necessarily linked to the dollar.

Now I am not making any prediction here. Just saying that seeing a long BTC position as roughly equivalent to a short DXY position is incorrect. Those 2 things are different (although I am not saying there is zero correlation, I agree that a falling DXY is overly positive for BTC).

ExMachina1000 · 28-11-2020 01:21PM

Recieved notification on my trading 212 app that due to extreme circumstances or something along those lines trading 212 will be decreasing leverage on all stocks to 1:2. Tge notification is a warning to people that they need to either close positions or increase the funds in their accounts to prevent margin call and position close.
There was one days notice and after a bit of uproar they have extended the notice to the 1st December.

The community page was an absolute horror show with people posting their massively overleveraged accounts and not knowing why to do.

It is a real eyeopener in to how so many people dont actually understand margins, leverage etc.
Cfd gambling

Stormington · 28-11-2020 02:06PM

Bob24 wrote: »

No it isn’t (at least no in my opinion).

The DXY tracks the value of the USD relative to other currencies (mostly relative to the EUR which is more than half of the DXY currency basket).

But if fiat currencies in general are getting debased, they can all fall against BTC regardless of how they are doing relative to each other. Plus BTC has its own head and tail winds which aren’t necessarily linked to the dollar.

Now I am not making any prediction here. Just saying that seeing a long BTC position as roughly equivalent to a short DXY position is incorrect. Those 2 things are different (although I am not saying there is zero correlation, I agree that a falling DXY is overly positive for BTC).

DXY being a currency basket is a different thing to BTC's asset class?
And DXY dropping could see the Euro pumping against the dollar and could cause BTC to be cheaper in EUR but more expensive in USD, which is different to BTC gaining or losing value in and of itself?

Bob24 · 28-11-2020 02:32PM

Stormington wrote: »

And DXY dropping could see the Euro pumping against the dollar and could cause BTC to be cheaper in EUR but more expensive in USD, which is different to BTC gaining or losing value in and of itself?

Yes it is different. The kind of volatility you could expect in BTC is leagues ahead of the volatility you can see in the DXY. So you can easily see the DXY dropping and the price of BTC in euros increasing at the same time (if the euro gains 5% vs the dollar but at the same time BTC gains 20% vs the dollar, BTC becomes significantly more expensive in euros while the DXY is dropping).

Stormington · 28-11-2020 02:44PM

Bob24 wrote: »

So you can easily see the DXY dropping and the price of BTC in euros increasing at the same time (if the euro gains 5% vs the dollar but at the same time BTC gains 20% vs the dollar, BTC becomes significantly more expensive in euros while the DXY is dropping)..

Gotcha, thanks.
Added to the list with Vixxy and others.

bcklschaps · 28-11-2020 03:35PM

ExMachina1000 wrote: »

Recieved notification on my trading 212 app that due to extreme circumstances ot something along those lines trading 212 will be decreasing leverage on all stocks to 1:2. Tge notification is a warning to people that they need to either close positions or increase the funds in their accounts to prevent margin call and position close.
There was one days notice and after a bit of uproar they have extended the notice to the 1st December.

The community page was an absolute horror show with people posting their massively overleveraged accounts and not knowing why to do.

It is a real eyeopener in to how so many people dont actually understand margins, leverage etc.
Cfd gambling

Scary stuff.

One More Toy · 28-11-2020 04:44PM

Only an idiot would use cfds, I work in a semi legal role and had to review documentation regarding cfds. 80+ per cent of retail investors lose money. Ridiculous. I hope the EU bans them

ExMachina1000 · 28-11-2020 06:30PM

One More Toy wrote: »

Only an idiot would use cfds, I work in a semi legal role and had to review documentation regarding cfds. 80+ per cent of retail investors lose money. Ridiculous. I hope the EU bans them

For sure. That percentage is posted on all of the cfd broker sites. Its gambling

Jim2007 · 28-11-2020 07:37PM

ExMachina1000 wrote: »

For sure. That percentage is posted on all of the cfd broker sites. Its gambling

Trying to time the market in any form is gambling and just like every other form of gambling the punter always believes that some how they are going to beat the odds. And heaven help any who points it out to them ;-)

cronos · 28-11-2020 07:58PM

Any recommendations for stock? Have Boohoo, Nio and JFrog currently. Planning to hold long term.

Share Picks 2020

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