Share Picks 2021 - Thread banned users post #1

Take Your Pants Off · 01-02-2021 12:22PM

I might get in on Fubo today.

GoldFour4 · 01-02-2021 12:23PM

Thinking of going in a bit more on PSTH or CCIV today. PSTH is a bit below its mid Jan heights but it's still a significant premium based on Ackmans name rather than a very concrete target coming into the picture.

Lucid & CCIV seems to be very close to being announced which will allow a bit more certainty at least in terms of what you are buying.

Supercell · 01-02-2021 12:39PM

treatyman wrote: »

SMT - I know it was mentioned here before. I bought some this morning with ii (not on Degiro). Over the next few months I think it's going to be my majority holding. It's a long term hold for me (10+ years) and may decide to buy some each month (DCA). Any thoughts?

Its a fantastic performer though has large Tesla exposure which may or may not influence your opinion. It's a quarter of my AVC PRSA currently though I am planning on adding other trusts and etfs in there too. Another similar one would be ATT though it doesn't have the same number of shares traded daily so slightly less liquid.

Banana Republic 1 · 01-02-2021 12:40PM

Is anyone looking at Huge Fruit Inc

Wingman2010 · 01-02-2021 12:44PM

Take Your Pants Off wrote: »

I might get in on Fubo today.

Fubo has done very well the last two weeks and it’s well up in pre market today. I regret not getting in a few weeks ago when I was initially looking at it. I may get in later in the week if it goes down a bit.

Rossdarragh1 · 01-02-2021 12:49PM

Supercell wrote: »

Its a fantastic performer though has large Tesla exposure which may or may not influence your opinion. It's a quarter of my AVC PRSA currently though I am planning on adding other trusts and etfs in there too. Another similar one would be ATT though it doesn't have the same number of shares traded daily so slightly less liquid.

Bit off topic but who have you got the PRSA pension with? I'm looking to convert my existing pension to a PRSA in order to have more control over it. Also have money in a company I own that I'm looking to take money out of through my pension.

treatyman · 01-02-2021 12:49PM

Supercell wrote: »

Its a fantastic performer though has large Tesla exposure which may or may not influence your opinion. It's a quarter of my AVC PRSA currently though I am planning on adding other trusts and etfs in there too. Another similar one would be ATT though it doesn't have the same number of shares traded daily so slightly less liquid.

I have my AVC maxed out so am buying these after tax unfortunately. Does it still make sense doing it this way? If I have spare few hundred each month I was hoping it would be better than leaving it sit in the bank.

01-02-2021 01:24PM

GME on the slide pre-market

Corcaigh84 · 01-02-2021 01:28PM

6 wrote: »

GME on the slide pre-market

Tiny volume of shares traded, does that even matter?

Mister Vain · 01-02-2021 01:30PM

Wombatman wrote: »

So how much silver are we buying lads? Got my eye on grandma's spoons?

Be fearful when others are greedy.

Phoebas · 01-02-2021 01:33PM

Corcaigh84 wrote: »

Tiny volume of shares traded, does that even matter?

Of course it does, because its a confidence game now.

circadian · 01-02-2021 01:35PM

One to watch, Sega Sammy Holdings, the parent company of Sega (yes the Sonic Sega). They've divided up the company into separate entities which suggests a possible takeover of one of these divisions. It could also be a case of cutting their pachinko and other arcade based coin machines off as they've had a massive dip due to Covid.

One thing to note is the sheer amount of IP that Sega holds and are doing very little with. I have fond memories of the Mega Drive and the Sega owned properties is a very, very long list.

I won't be taking a dip just yet but I'll be keeping a close eye on this one.

JeffKenna · 01-02-2021 01:37PM

Phoebas wrote: »

Of course it does, because its a confidence game now.

But this trading is only hedge funds.

Renault 5 · 01-02-2021 01:38PM

Is pre market up on NAKD?

thomas 123 · 01-02-2021 01:38PM

Phoebas wrote: »

Of course it does, because its a confidence game now.

<GME>

And it did take a dip in Frankfurt today also -
But this is the pattern we See every day big gains for first 20-40 Mins then dips for the day.

I am Predicting it opens on the NYSE in the green anyway.

I think I am cashing out today - this has taken over my afternoons Lol.

Cute Hoor · 01-02-2021 01:46PM

Renault 5 wrote: »

Is pre market up on NAKD?

A little, $1.75 at the moment

Phoebas · 01-02-2021 01:48PM

JeffKenna wrote: »

But this trading is only hedge funds.

There are a whole pile of people who are sitting on big (unrealised) gains and more that are bought in at prices there they risk big losses if this pops quickly.

There's a big risk that despite all the rhetoric of diamond hands and holding the line, if the sentiment in this group goes negative because they see the stock dropping, they'll get out too and we'll in in a downward spiral; anything that can go up a thousand percent in a few days can go down even faster.
And its not like these investors are relying on any fundamentals to value the stock - it's all about confidence in the strength of the herd.

JeffKenna · 01-02-2021 01:52PM

Phoebas wrote: »

There are a whole pile of people who are sitting on big (unrealised) gains and more that are bought in at prices there they risk big losses if this pops quickly.

There's a big risk that despite all the rhetoric of diamond hands and holding the line, if the sentiment in this group goes negative because they see the stock dropping, they'll get out too and we'll in in a downward spiral; anything that can go up a thousand percent in a few days can go down even faster.
And its not like these investors are relying on any fundamentals to value the stock - it's all about confidence in the strength of the herd.

But they've been trying this manipulation in different forms since the stock rocketed and it hasn't worked yet so I'm not sure it will now. I reckon it'll end up green anyway.

Phoebas · 01-02-2021 02:04PM

JeffKenna wrote: »

But they've been trying this manipulation in different forms since the stock rocketed and it hasn't worked yet so I'm not sure it will now. I reckon it'll end up green anyway.

It may well do (I hope it does - it's fascinating).
Just sayin'- there are a lot of people who spent their weekend spending their gains in their head. They'll have gone into this thing thinking 'ok I've put a grand into this, hate to lose that but I can deal with it'. If that grand has turned into 10 grand over the last week, that thought process might be a fair bit different now.

Edit: Planet Money did a podcast on this over the weekend. Interviewed a guy that put his 200k savings into this (said it was for a house deposit) and cashed in his 401k - another 100k. He got out with something around 3m. The pressure to sell must have been enormous.

circadian · 01-02-2021 02:04PM

Some amount of news around silver being the next target, yet on WSB they've discovered that Citadel have massive holdings in silver and are most likely pushing the media narrative to cover losses elsewhere.

So. Much. Drama.

Shedite27 · 01-02-2021 02:07PM

For anyone invested in GME, the first 15 minutes of Pennies: Going in raw podcast is worth a listen. These guys are invested in it, but warn about how it will likely end.

JeffKenna · 01-02-2021 02:16PM

Phoebas wrote: »

It may well do (I hope it does - it's fascinating).
Just sayin'- there are a lot of people who spent their weekend spending their gains in their head. They'll have gone into this thing thinking 'ok I've put a grand into this, hate to lose that but I can deal with it'. If that grand has turned into 10 grand over the last week, that thought process might be a fair bit different now.

Edit: Planet Money did a podcast on this over the weekend. Interviewed a guy that put his 200k savings into this (said it was for a house deposit) and cashed in his 401k - another 100k. He got out with something around 3m. The pressure to sell must have been enormous.

Well sur that's the beauty of the stock market, we'll see today if you're right or wrong.

daheff · 01-02-2021 02:21PM

we all know how GME will end once the squeeze is over. the stock price will fall apart.

Its just a case of when and who ends up holding the stock when its down at rock bottom again.

calling the bottom of this could be just as important for some as calling the top.

most stocks over sell/over buy, so when the prices falls it'll go really low. could be another buying opportunity for some. buying some cheap out of the money puts now could be a trade

Cute Hoor · 01-02-2021 02:22PM

Phoebas wrote: »

Planet Money did a podcast on this over the weekend. Interviewed a guy that put his 200k savings into this (said it was for a house deposit) and cashed in his 401k - another 100k. He got out with something around 3m. The pressure to sell must have been enormous.

Now that is one of two things
Pure madness
or
Balls of steel

Well done to the lad

circadian · 01-02-2021 02:22PM

Phoebas wrote: »

It may well do (I hope it does - it's fascinating).
Just sayin'- there are a lot of people who spent their weekend spending their gains in their head. They'll have gone into this thing thinking 'ok I've put a grand into this, hate to lose that but I can deal with it'. If that grand has turned into 10 grand over the last week, that thought process might be a fair bit different now.

Edit: Planet Money did a podcast on this over the weekend. Interviewed a guy that put his 200k savings into this (said it was for a house deposit) and cashed in his 401k - another 100k. He got out with something around 3m. The pressure to sell must have been enormous.

Yeah I think the weekend will have a lot of people weighing up their options this morning. I still think the holders might outnumber them as there is definitely momentum in the absurd % increase in such a short period of time.

I'd certainly expect some massive dips today from opening but I'd be interested to see where it levels out at midday.

VinLieger · 01-02-2021 02:23PM

daheff wrote: »

we all know how GME will end once the squeeze is over. the stock price will fall apart.

Its just a case of when and who ends up holding the stock when its down at rock bottom again.

calling the bottom of this could be just as important for some as calling the top.

most stocks over sell/over buy, so when the prices falls it'll go really low. could be another buying opportunity for some. buying some cheap out of the money puts now could be a trade

Is there any latest estimates from over the weekend on what the short position is at currently? I saw suggestions near close on Friday it was still at 110%+

MikeSoys · 01-02-2021 02:25PM

Phoebas wrote: »

There are a whole pile of people who are sitting on big (unrealised) gains and more that are bought in at prices there they risk big losses if this pops quickly.

There's a big risk that despite all the rhetoric of diamond hands and holding the line, if the sentiment in this group goes negative because they see the stock dropping, they'll get out too and we'll in in a downward spiral; anything that can go up a thousand percent in a few days can go down even faster.
And its not like these investors are relying on any fundamentals to value the stock - it's all about confidence in the strength of the herd.

yes i agree, currently shorts are liquiding holding in good stocks like MSFT etc..this is good for us normal people who should see value in those stocks, but the reddit mantra of HOLD when does this become SELL, some shorts are in it for the short term Feb, March. i can can see those hold positions moving to the next stock that shorts are holding. so the like of GME will go down at some stage(soon).

MikeSoys · 01-02-2021 02:26PM

Cute Hoor wrote: »

Now that is one of two things
Pure madness
or
Balls of steel

Well done to the lad

easy come easy go...

MikeSoys · 01-02-2021 02:28PM

Silver mining companies – Stocks like Pan Am Silver (PAAS), Wheaton Precious Metals (WPM), Hecla Mining (HL) and others are jumping as the price of silver surges. Silver has also caught the attention of the Reddit community, leading to a buying binge. - CNBC

VinLieger · 01-02-2021 02:30PM

MikeSoys wrote: »

Silver mining companies – Stocks like Pan Am Silver (PAAS), Wheaton Precious Metals (WPM), Hecla Mining (HL) and others are jumping as the price of silver surges. Silver has also caught the attention of the Reddit community, leading to a buying binge. - CNBC

LOL at CNBC saying its also caught the attention of Reddit when that's actually where it started.

They really are scvm ****ing journalism

Share Picks 2021 - Thread banned users post #1

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