Share Picks 2020

hottipper · 14-12-2020 04:25PM

DutchYurt wrote: »

Something happening in the mushroom world

MIND MEDICINE (MINDMED) ticket BGHM has increased 60% since last wednesday. 400% in the last month..

News broke today of the successful completion of a Pre-IND Meeting with the FDA. One to watch for sure.

Compass pathways I mentioned a few weeks back was mid thirties and now sitting pretty at 57!

Waiting for robinhood investors to get a wiff of this and drive it up even more!

+600% currently on mindmed - one of my better pennys

DutchYurt · 14-12-2020 04:26PM

hottipper wrote: »

+600% currently on mindmed - one of my better pennys

And I thought I was early! What a return!!

Shedite27 · 14-12-2020 05:08PM

howiya wrote: »

This one going well the last few days. You still in?

I bought around 42 and sold mid 50s before it fell back. Bought again at 48

Yeah still in, had a big pullback in October but has gathered steam again now. I've read a lot of people's reviews of the company and growth trajectory, hoping it'll be a long hold for myself. Bought at 40 and happy to just forget about it

howiya · 14-12-2020 05:14PM

Shedite27 wrote: »

Yeah still in, had a big pullback in October but has gathered steam again now. I've read a lot of people's reviews of the company and growth trajectory, hoping it'll be a long hold for myself. Bought at 40 and happy to just forget about it

Thanks for the tip. First time I bought was based on your first post.

Sold to take profit first time round and invest elsewhere which didn't materialise for me but still liked it so bought back in at 48 during the pullback. Could have got a better re-entry point but happy to hold it now.

Nemeses2050 · 14-12-2020 05:17PM

ABNB down to mid 120's could easily go down to double digits...

Markets not holding to gains, lot of selling pressure...probably as Rigolo noted people closing their positions before the holidays....

Shedite27 · 14-12-2020 06:13PM

Nemeses2050 wrote: »

ABNB down to mid 120's could easily go down to double digits...

Markets not holding to gains, lot of selling pressure...probably as Rigolo noted people closing their positions before the holidays....

There's likely to be a big selloff in the market later in this week to adapt to some rebalances. Tesla joins the S&P Friday, so they reckon there's about $80b that needs to be sold elsewhere to make room for that in tracker funds. There's a few other popular ETF's that have big additions due too (ABNB and DASH to the IPO EFT also)

Atlas_IRL · 14-12-2020 06:14PM

Zoox doing a live reveal now, expected to announce they are using Velodyne hopefully.

https://www.youtube.com/watch?v=3r7PEl0tMSk

culchie_abroad · 14-12-2020 07:00PM

culchie_abroad wrote: »

I'm just after taking a small punt (500 to get 173 shares) on UUUU (Energy Fuels). They're a company specializing in uranium mining development.

Uranium stocks have picked up in the last few months on the back of some proposed legislation to try and create a US national strategic reserve.

Longer term however, reserves are low as Fukushima disaster shut down a lot of mines creating a lack of supply along with the green agenda + newer smaller reactors which are being created for other uses. Also India and China building a lot of plants, even if they're closing in Europe.

There was a bubble market in 2007, where Energy fuels was worth 230$ a share, it's currently trading at about 3$. It might be a slow burner to keep an eye on.

The downside is that if we have another Chernobyl/Fukushima, the stock will be worth absolutely nothing.

I've decided to double down on this after doing some more research. I've bought 250$ more of UUUU and I've added 250$ of CCJ for a total of 1k.

On another note I'm going to have to lock myself out of Robinhood, every time I look at it I'm tempted to buy more stock, it's more addictive than tinder. And possibly a good reason to invest once Robinhood IPOs.

Jin luk · 14-12-2020 07:13PM

Would pharmaceuticals be a good buy for the long term thinking of investing a bit into a few companies?

Bob Harris · 14-12-2020 07:27PM

Jin luk wrote: »

Would pharmaceuticals be a good buy for the long term thinking of investing a bit into a few companies?

Personally I think they are. The likes of J&J, Pfizer and Bristol Myers should all do well long term and a pay a decent dividend too.

pitrn · 14-12-2020 08:26PM

MINDMED is a 3 euro share on frankfurt stock exchange..Is this the stock that's being discussed?

DutchYurt · 14-12-2020 09:20PM

pitrn wrote: »

MINDMED is a 3 euro share on frankfurt stock exchange..Is this the stock that's being discussed?

Yep thats the one I have - might have a few other tickers not sure, 7e fee with degiro so don't buy small amounts haha

hottipper · 14-12-2020 09:32PM

pitrn wrote: »

MINDMED is a 3 euro share on frankfurt stock exchange..Is this the stock that's being discussed?

Just be very careful trying to chase stocks like that. You will get your ass handed to you at some stage no matter what the news is. It could drop 40% tomorrow and still be in an uptrend. Need to get in on penny's at the bottom or a clear reversal.
https://ibb.co/dfCBCPR Its not something id take on now

DutchYurt · 14-12-2020 09:49PM

hottipper wrote: »

Just be very careful trying to chase stocks like that. You will get your ass handed to you at some stage no matter what the news is. It could drop 40% tomorrow and still be in an uptrend. Need to get in on penny's at the bottom or a clear reversal.
https://ibb.co/dfCBCPR Its not something id take on now

Since I posted it dropped 12% but still up 18% perfect example however!

80s Child · 14-12-2020 11:08PM

Anyone having issues with lodgements with Degiro?

I lodged funds on the 3rd and they're still not in the account. I emailed them but just got the standard 'we are experiencing high volumes etc'

Stark · 14-12-2020 11:16PM

Are you using the new IBAN? (account should be in your own name rather than Degiro). If it's the old one, then your money will eventually get bounced back.

Stormington · 14-12-2020 11:57PM

pitrn wrote: »

MINDMED is a 3 euro share on frankfurt stock exchange..Is this the stock that's being discussed?

MMQ or BGMH - These are the psylocibyn company trading as MMED in Canada, eh?

retalivity · 15-12-2020 12:47AM

80s Child wrote: »

Anyone having issues with lodgements with Degiro?

I lodged funds on the 3rd and they're still not in the account. I emailed them but just got the standard 'we are experiencing high volumes etc'

Lodged money last wed, was in acc thurs afternoon. Check the iban, they changed it recently

pitrn · 15-12-2020 02:34AM

Stormington wrote: »

MMQ or BGMH - These are the psylocibyn company trading as MMED in Canada, eh?

Exactly this is the reason I asked... different stocks but similar names...wasn't sure. Like there is already less confusion where to invest!!!

Supercell · 15-12-2020 09:04AM

Skippy along wrote: »

@80s child
Is this the bank details you entered for lodging?

Dont send to this one!! This is Skippy alongs Flatex account!!, not yours, you can find it in your emails or log into Degiro, then click the top right "Deposit/Withdraw" - Manual Deposit , it will then show your your deposit IBAN etc details.
I usually find it takes about 3 working days for the deposit to show up.

johny33 · 15-12-2020 09:18AM

if I transfer the money in the morning before 9, I have it in Degiro account at 2-3 the same day. It's much faster than previously and no issues at all.

Skippy along · 15-12-2020 09:20AM

Supercell wrote: »

Dont send to this one!! This is Skippy alongs Flatex account!!, not yours, you can find it in your emails or log into Degiro, then click the top right "Deposit/Withdraw" - Manual Deposit , it will then show your your deposit IBAN etc details.
I usually find it takes about 3 working days for the deposit to show up.

Jasus i have deleted it sorry about that..

p to the e · 15-12-2020 10:50AM

DutchYurt wrote: »

What are peoples thoughts on NIO and the offering of new shares? Think this will dramatically affect the SP?

https://www.fool.com/investing/2020/12/11/why-nio-stock-is-down-today/

This has happened with a a couple of Chinese stocks lately.

<Conspiracy theory time>Could the board be selling their shares at high prices before they're kicked out of the US?</Conspiracy theory time>

It's going to dilute your share holding so short term the price will go down but if the company is any good then the share price will go back up. IF...

p to the e · 15-12-2020 10:54AM

Wombatman wrote: »

Dang. Could turn nasty for CD Project Red and Cyberpunk 2077.

https://www.eurogamer.net/articles/2020-12-13-sony-has-begun-refunding-unhappy-cyberpunk-2077-fans-playing-on-ps4

Over the short term CDR will be a bit crazy and there'll be a lot of knee jerk reactions but I think they'll be making money off CyberPunk for a few years to come. I topped up yesterday at 265 at the dip. Already back up to 305.

Mickey_James · 15-12-2020 11:34AM

DutchYurt wrote: »

Something happening in the mushroom world

MIND MEDICINE (MINDMED) ticker BGHM has increased 60% since last wednesday. 400% in the last month..

News broke today of the successful completion of a Pre-IND Meeting with the FDA. One to watch for sure.

Compass pathways I mentioned a few weeks back was mid thirties and now sitting pretty at 57!

Waiting for robinhood investors to get a wiff of this and drive it up even more!

MMED has already been mentioned loads on reddit - well into meme status.

I'm not getting burned again like I did with Li. I was up 30% on Li at one stage and now down about 15%!

Mickey_James · 15-12-2020 11:39AM

Stock I like and wish I bought a few weeks ago is NCR. Only reason I looked into it was it was in the top 10 holdings of my company pension plan and was wondering what it was.

They make self service tills, automated kiosks, barcode scanners etc. It was @25 when I first looked and it's at @33 now. P/E just over 10 so still low.

I can see a self service scanner in every grocery shop in future.

Mickey_James · 15-12-2020 11:44AM

I'm just wondering on ABNB, can it move into any other type of business?

You know the way nowadays all it takes is for a company to say they're moving into something else and the stock pops, like Amazon saying they'll deliver prescription drugs.

allybhoy · 15-12-2020 02:06PM

Anyone investing in PFE, strange to see such a downturn over the last few days, ive been in since start of Nov and up slightly but not by much (<2%) , with their vaccine approved in the UK and going for FDA Approval this week i was sure it would climb, but the opposite is happening, Down 5% this week...picked up some more yesterday, but perhaps i should have grabbed up Moderna instead

new2tri19 · 15-12-2020 02:56PM

How do you stop beating yourself up over stocks you sold that you should have kept . I had 10k worth of Tesla in 2017 , each day it's painful . I had 5 stocks back then Tesla Google BP Ryanair and Berkshire .
I read too much about diversification and ended up getting into investment trusts . Costly error. I'm never selling again ðŸ˜…

Supercell · 15-12-2020 03:00PM

new2tri19 wrote: »

How do you stop beating yourself up over stocks you sold that you should have kept . I had 10k worth of Tesla in 2017 , each day it's painful . I had 5 stocks back then Tesla Google BP Ryanair and Berkshire .
I read too much about diversification and ended up getting into investment trusts . Costly error. I'm never selling again ��

That's my plan for 2021, I am not selling a damn thing unless its on really existentially bad news for that stock, only buying.
FWIW I am planning on going mostly into trusts

, with IEM, EWI and JAGI my next planned buys and hold for a long time targets, though when in doubt I usually add some BAM if its burning a hole in my pocket.

Share Picks 2020

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