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Your worst performing share pick.

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Comments

  • Registered Users, Registered Users 2 Posts: 7,748 ✭✭✭ganmo


    I've only been buying stocks a year and mainly since April(haven't sold anything yet)
    Biggest loss so far is c&c, bought on the iseq and should have sold before they went to the lse.


  • Registered Users, Registered Users 2 Posts: 394 ✭✭Rustyman101


    96000 Waterford Crystal shares bought over the years with the company, highest i remember was 1.03, lowest 0000, nice looking share certs !


  • Registered Users, Registered Users 2 Posts: 744 ✭✭✭garbanzo


    Anglo and AIB back in the day like a lot of earlier posters. Wiped out entirely on both positions. Ouch... it still hurts !

    The only positive with it all is I was able to offset some of the losses against a capital gain I made a couple of years ago so that helped restore my faith in my financial planning capabilities.

    I’ve been meaning to frame the Anglo share cert and put it up in the toilet as a reminder.


  • Registered Users, Registered Users 2 Posts: 20,110 ✭✭✭✭neris


    45% loss on a britsh company called Raven that invests in high grade Russian warehouses.


  • Registered Users, Registered Users 2 Posts: 1,857 ✭✭✭Atlas_IRL


    Was following some guy on twitter called Stan the trading man I think anyway he gets slagged off now. Blindly backed a stock he was pumping called Lilis energy and it got delisted about a week or two later, was only around $300 but I stopped that strategy quickly!


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  • Registered Users, Registered Users 2 Posts: 3,057 ✭✭✭BailMeOut


    AIB and BOI were the most stupid trades I have done in the last few years. (Kingspan was the best)


  • Registered Users, Registered Users 2 Posts: 3,033 ✭✭✭crushproof


    Atlas_IRL wrote: »
    Was following some guy on twitter called Stan the trading man I think anyway he gets slagged off now. Blindly backed a stock he was pumping called Lilis energy and it got delisted about a week or two later, was only around $300 but I stopped that strategy quickly!

    Ha the problem is there's so many like him it's impossible to weed out the spoofers. I'm sure there's plenty on here too that have gone quiet after some awful recommendations. Part of the game I guess!


  • Registered Users, Registered Users 2 Posts: 1,857 ✭✭✭Atlas_IRL


    crushproof wrote: »
    Ha the problem is there's so many like him it's impossible to weed out the spoofers. I'm sure there's plenty on here too that have gone quiet after some awful recommendations. Part of the game I guess!

    I know! i have a nicely curated twitter now with great info and have weeded out most of the spoofers.


  • Registered Users, Registered Users 2 Posts: 2,374 ✭✭✭p to the e


    Definitely the oil and gas exploration stocks in Aminex and Solo Oil (now called Scirocco Energy). They were some of the first stocks I ever bought about 5 years back thinking I was going to be a millionaire. At the time they were waiting on various licence sign-offs. Recently Aminex had a huge rise with word of one of these licences being signed off and a farmout then when the RNS drops it says that drilling will commence Q1 2022 and price plummets again. Guess I'm waiting until next year.

    If we're talking about regrets then it would have to be a few years back when me and a co-worker were discussing what this bitcoin thing was and we said sure why don't we buy a few to see what's up with it. The price at the time I think was about $180 and we thought that was a bit expensive for something we know little about so left it.


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    p to the e wrote: »
    If we're talking about regrets then it would have to be a few years back when me and a co-worker were discussing what this bitcoin thing was and we said sure why don't we buy a few to see what's up with it. The price at the time I think was about $180 and we thought that was a bit expensive for something we know little about so left it.
    What you should investigate is whether you're in a similar position in this very moment. The multiples may not be the same but maybe that possibility is real.


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  • Registered Users, Registered Users 2 Posts: 41 Covit


    cronos wrote: »
    Same. Don't even know where they are these days actually. I remember they became vodafone shares or something but the letters stopped coming.

    Ya I think if u sold out in first few weeks there was a profit to be taken but most people held on . Lost a lot in our house I remember . Lost on Waterford Crystal and got a tip on elan shares I’d be better if I went and pist it up against a wall - lol


  • Registered Users, Registered Users 2 Posts: 4,733 ✭✭✭Treppen


    Anyone remember Eircom shares ?

    Loss was infinity %


  • Registered Users, Registered Users 2 Posts: 1,368 ✭✭✭cc87


    Thought I would bump this thread.......some context for people (myself included) with 10-20% losses in the last couple of weeks.


  • Registered Users, Registered Users 2 Posts: 20,110 ✭✭✭✭neris


    Small amount of RBS/Natwest shares from years ago down close on 60% and would cost more to get rid of then theyre worth. Raven a British company that owns warehouses in Russia down 40% on their ordinary shares since last year after been at break even in early 2020.


  • Registered Users, Registered Users 2 Posts: 8,239 ✭✭✭Pussyhands


    krissovo wrote: »
    I lost ~50% on snapchat a few years ago, it was when I started to dabble in day trading, while the percentage was not huge I lost about €15k which really hit my strategy for 6 as I just started out and lost a lot of my initial investment.

    I thought I was buying at $13 a share but ended up buying at the peak which was around $20. It was a hard lesson in setting limit orders correctly.

    Ouch. Hindsight is a great thing.

    I'm currently down 25% on IPOF. Not sure if I'll ever get back to even.

    Biggest locked in loss was 25%ish on Li Autos. Sold it and put a bit more to buy Apple instead.


  • Registered Users, Registered Users 2 Posts: 3,692 ✭✭✭littlevillage


    neris wrote: »
    45% loss on a britsh company called Raven that invests in high grade Russian warehouses.


    Now if it was high grade Russian w**rehouses.... Sin sceal eile. ;-))


  • Registered Users, Registered Users 2 Posts: 790 ✭✭✭richie123


    I'm well down on cciv
    Down a little on nio.
    Caster maritime, down.
    Aryzta loss gone from 97 to 80 %loss lol
    Boi losses much reduced too.

    Everything else is is up thank god


  • Registered Users, Registered Users 2 Posts: 418 ✭✭Wingman2010


    Fubotv for me. I’m down 51% with it! It was been pushed a lot by the Atlas crew so it clearly was a pump and dump stock! Lesson learnt though as I didn’t do enough DD before investing in this one and to avoid anything been pushed by the Atlas folks!


  • Registered Users, Registered Users 2 Posts: 416 ✭✭cal naughton


    Rather than a specific stock for me . The AIM index for me is just so frustrating with very little volume the stocks just move in any direction.

    An example of this is 4D . Although i will keep the faith.


  • Registered Users, Registered Users 2 Posts: 1,519 ✭✭✭Take Your Pants Off


    Fubotv for me. I’m down 51% with it! It was been pushed a lot by the Atlas crew so it clearly was a pump and dump stock! Lesson learnt though as I didn’t do enough DD before investing in this one and to avoid anything been pushed by the Atlas folks!

    Same here. I am down considerably as well. But I am holding till the end of the year anyways. What about you?


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  • Registered Users, Registered Users 2 Posts: 8,239 ✭✭✭Pussyhands


    Same here. I am done considerably as well. But I am holding till the end of the year anyways. What about you?

    Almost FOMO'd into this when there was some top analyst saying in 10 years it'd be looked back on as the Netflix of live sports.


  • Registered Users, Registered Users 2 Posts: 20,110 ✭✭✭✭neris


    Rather than a specific stock for me . The AIM index for me is just so frustrating with very little volume the stocks just move in any direction.

    An example of this is 4D . Although i will keep the faith.

    Think part of the issues with AIM & volume is alot of the shares are owned by founders/management teams and safe investment funds who between them dont trade or sell out alot of the time.


  • Registered Users, Registered Users 2 Posts: 418 ✭✭Wingman2010


    neris wrote: »
    Small amount of RBS/Natwest shares from years ago down close on 60% and would cost more to get rid of then theyre worth. Raven a British company that owns warehouses in Russia down 40% on their ordinary shares since last year after been at break even in early 2020.
    Pussyhands wrote: »
    Almost FOMO'd into this when there was some top analyst saying in 10 years it'd be looked back on as the Netflix of live sports.

    I’m down €600 myself here. I’ll let it ride it out for the rest of the year and see where it goes!


  • Registered Users, Registered Users 2 Posts: 3,885 ✭✭✭DeanAustin


    Made a right mess of GME in February. Bought a dip and made a few hundred. Started to think I was Warren Buffett. Went back in and bought @ $90. Did it a 8:55pm one evening. Stupid decision. The next day it tanked completely. I was on a work call watching the red line go almost vertically. People talking to me about pointless ****e on the call and I'm watching thousands disappear with my head in my hands.

    Thought "f**k it, I'll stay in and see what happens". It kept going down. Hit around $50 that day and again, at 8:55, I panicked and sold. That night Robinhood took off the trading restrictions and it bounced the next day to almost $90 and a month later went to $300 again. I made some money back second time around but lost around €1,500 altogether. Learned some hard lessons.

    1. Don't panic buy
    2. Don't panic sell
    3. What was the point in selling GME at that point and crystallising the loss? It was never going to go much less than $50 and I lost the chance to use the loss to offset CGT
    4. Don't buy GME for any price above $40. It's pure gambling because it's clearly a bubble.

    Thankfully, the rest of my portfolio has done well in the last month (BOI and Tesla particularly) so I'm only down around 3% overall whereas that was 20% at one stage.

    A hard way to learn but if you're gonna be stupid and make all the basic errors, you're gonna lose money.


  • Registered Users, Registered Users 2 Posts: 107 ✭✭Kilough


    Started properly investing around 2 months ago, with Nasdaq at it's peak! Think I'm doing relatively well to do only down 10% all things considered. Gains in Crypto have offset any losses in stock market.

    Biggest losers FLNT down 35% and FRX down the same. Will look to get out of FLNT if it bounces up near $5. Think I'll keep FRX for the long haul and hope that it takes off next year.

    My only other investment prior to this year went horribly wrong. Bought into company share scheme around 2016. Was pretty green to investing at the time. Share SP had tumbled from high of $100 in 2015 down to $45 when I joined the company. Bought in a few months later at $25 thinking it couldn't get any lower. Bought in the following year at $14. Doubled down again the following year at $2.50 thinking it was finally going to turn around! Anyways, we filed for Chapter 11 bankruptcy last year and lost the lot. Lesson learned - don't believe management waffle, take a step back and don't try chasing losses.


  • Registered Users, Registered Users 2 Posts: 107 ✭✭Kilough


    Fubotv for me. I’m down 51% with it! It was been pushed a lot by the Atlas crew so it clearly was a pump and dump stock! Lesson learnt though as I didn’t do enough DD before investing in this one and to avoid anything been pushed by the Atlas folks!

    What do people find best to use as a means of gathering DD on companies? Can be difficult to get a feeling for an investment by trawling through earnings reports, looking for catalysts, trying to find competitive moat etc. Is there much useful information on the likes of Atlas Discord or do you find a lot of waffle on it?


  • Registered Users, Registered Users 2 Posts: 578 ✭✭✭theboringfox


    BoI shares back in the boom. I don't even know where they are held now. Few thousand worth at time. Cents now no doubt. I expect my cost me more to sell them.


  • Registered Users, Registered Users 2 Posts: 2,719 ✭✭✭cronos


    Fubotv for me. I’m down 51% with it! It was been pushed a lot by the Atlas crew so it clearly was a pump and dump stock! Lesson learnt though as I didn’t do enough DD before investing in this one and to avoid anything been pushed by the Atlas folks!

    Or be prepared to dump it at the right time. But I'm not into that approach either.


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