Share Picks 2021 - Thread banned users post #1

daheff · 04-02-2021 06:39PM

Deleted User wrote: »

Just thought I'd share this, apparently someone took a 20k loan to buy GME yesterday...

https://www.reddit.com/r/wallstreetbets/comments/lbxn76/took_out_a_20k_loan_3k_savings_to_buy_gme_50_loss/?utm_medium=android_app&utm_source=share

ah here

i've put in cash i'm happyprepared to lose....but not stupid amounts like this.

Reading that forum theres a lot of people going to lose a LOT of money to wall st.

i'm hoping theres a bounce so a lot can get out again close to the price they got in at.

daheff · 04-02-2021 06:40PM

Deleted User wrote: »

People did this en masse in the lead up to the crash of 1929.

its leverage....most funds are doing the same.

Coneygree · 04-02-2021 06:51PM

Surely the play at this stage is to short GME. Seems like doing anything else is trying to catch a falling knife.

Atlas_IRL · 04-02-2021 06:52PM

I'm a sucker for the EV Market ðŸ˜Š

https://www.businesswire.com/news/home/20210203005257/en/REE-Automotive-to-List-on-NASDAQ-Through-Merger-with-10X-Capital-Venture-Acquisition-Corp

Took a small position in this at 14.80

04-02-2021 06:55PM

My plan is to hold the 1.5 shares I have for at least 4 weeks and see where we are then. At that stage when/if I crystalize the loss I can carry it forward to offset against any future capital gain! :pac:

jammiedodgers · 04-02-2021 06:57PM

You'd have to wonder are a lot of them reddit posts just faked for the internet points. Then again, people are incredibly stupid. :pac:

04-02-2021 07:02PM

Looked at that guys previous posts. He appears to be a soldier in the US army. He clearly should not be allowed use a mobile phone or the internet unsupervised, but to think he is allowed to use guns and maybe tanks and other military hardware is scary. What a complete idiot. I hope he doesn't have any dependents.

crushproof · 04-02-2021 07:21PM

Not sure if it was here that it was posted previously but DSG Global, which is getting involved in the EV market has had a great day. Up over 25%.

I got in initially with a tiny holding, pure gamble, at 33c before it rocketed to 1.36. Dropped back and bought more at 1.02 before it reached a low of 73c so glad to see rising again today. Some great prospects, diverse business with its finger in a lot of pies.

Telo123 · 04-02-2021 08:23PM

If Alibaba can get past their political issues can see a serious upside bought 10 shares last week, very solid earnings report this week too, share price actually fell on announcement but up 6 percent or so since . I never even realised they were a top 10 company by market cap before I started researching them the last few months

all the bais · 04-02-2021 08:33PM

Canada Goose (GOOS) flying today, as results beat expectations.

Should have seen that coming with all the smicks now wearing their gear.

Timing belt · 04-02-2021 08:42PM

jammiedodgers wrote: »

You'd have to wonder are a lot of them reddit posts just faked for the internet points. Then again, people are incredibly stupid. :pac:

Every time you make money on a trade someone else is on the other side of the trade. We hear lots of stories of how such and such made x but not that many stories of people loosing.

Shedite27 · 04-02-2021 08:44PM

Looks like most of Europe was on GME

Bacchus · 04-02-2021 08:51PM

Bacchus wrote: »

Done. Went in with...
L&G Cyber Security UCITS ETF
IAG
Disney

SolarWinds are on a downward trend this week so I'll see if it goes a bit lower before buying in. BTW, if anyone is interested, this was the positive news for SolarWinds that makes me feel they'll bounce back stronger... https://www.zdnet.com/article/solarwinds-hires-chris-krebs-and-alex-stamos-as-part-of-security-review/

Went in on SolarWinds finally... definitely nervous about that one but they are owning the situation now and repairing confidence IMO. High hopes :pac:

Also added Amazon... feeling a bit deflated as it's all red at the moment but I'm hoping long term it'll pay off.

Plan is to sit on the above for the next 6 months, see how I go and then build on it.

Wingman2010 · 04-02-2021 09:06PM

VertBlue wrote: »

Is it too late to get on the ANVS train?

It’s dropped a good bit the last two hours!

neris · 04-02-2021 09:19PM

YFlyer wrote: »

What expensive hobby has Bezos got involved with? He hasn't got into any team sports. Perhaps Tottenham when the Covid situation is over.

Hes upping the big swinging space dick competition with Elon

patsy_mccabe · 04-02-2021 09:48PM

Gamestop now at $55. :mad:
Seriously, what price would it be worth buying at?

cronos · 04-02-2021 09:51PM

patsy_mccabe wrote: »

Gamestop now at $55. :mad:
Seriously, what price would it be worth buying at?

Somewhere between $10 and $15. But it's a business in decline so I wouldn't recommend it.

kippy · 04-02-2021 09:53PM

patsy_mccabe wrote: »

Gamestop now at $55. :mad:
Seriously, what price would it be worth buying at?

Some people made money on it, I'd say more got/are going to get burned.
I've stayed well away from it.

Kilboor · 04-02-2021 10:07PM

patsy_mccabe wrote: »

Gamestop now at $55. :mad:
Seriously, what price would it be worth buying at?

Fair value is 15-20 dollars.

Timmaay · 04-02-2021 10:15PM

crushproof wrote: »

Not sure if it was here that it was posted previously but DSG Global, which is getting involved in the EV market has had a great day. Up over 25%.

I got in initially with a tiny holding, pure gamble, at 33c before it rocketed to 1.36. Dropped back and bought more at 1.02 before it reached a low of 73c so glad to see rising again today. Some great prospects, diverse business with its finger in a lot of pies.

I'd totally forgot I had it in my portfolio until I happened to see the 122% return figure afew mins ago lol. 6000shares of it, I actually seriously thought about selling half but the market was just closed ha. Any reasons for today's pop, Doesn't seem to be much news?

04-02-2021 10:18PM

Revolut is pissing me off now, I know I've lost money thanks, stop spamming me and being so judgemental :mad:

Timing belt · 04-02-2021 10:19PM

Judith Great Balance wrote: »

Revolut is pissing me off now, I know I've lost money thanks, stop spamming me and being so judgemental :mad:

:D:D:D:D

0ph0rce0 · 04-02-2021 10:32PM

Judith Great Balance wrote: »

Revolut is pissing me off now, I know I've lost money thanks, stop spamming me and being so judgemental :mad:

They just want you to sell sell sell, HOOOOOOOOOOOOOOLD :pac:

Timmaay · 04-02-2021 11:08PM

Dollar finally appears to be out of its downtrend which its been in since the feds started printing dollars last march, the eur/dollar at 1.19 now (hit a low of 1.23). very useful if your portfolio is mostly in dollars.

jams100 · 04-02-2021 11:20PM

jams100 wrote: »

Started a position in skillz (SKLZ) today.

An egaming company that went public via a SPAC on the 19th of Dec.

Skillz provides a platform to turn any mobile game on iOS and Android into a game you can play with friends or strangers for cash, prizes, or points.

Market Cap 7 billion

- 30 million players and 20k developers
- 2.7 million monthly active users
- 2 billion tournaments per year
- Revenue grew 91% to $162.4 million during the nine month period of 2020
- Gross profit grew 89% to $153.6 million during the nine month period of 2020
- Gross margin was 95% during the nine month period of 2020 (Never seen such a high figure)
- Spending a lot on sales and marketing but they have no long term debt
- Average time spent by gamers on Skillz is twice the industry average at 62 mins per day
- On the advisory board is Trip Hawkins the co founder of EA Sports
- CEO is Andrew Paradise who founded AisleBuyer and sold it to Intuit for between 80 and $100m
- 90% of their revenues come from North America but international market is four times larger

I'm not a massive gamer myself but I know from reading up and talking with others how big Egaming is becoming, this is probably a more risky investment than I would normally make but given the potential returns and the growth that is coming in egaming I think this is worth the risk.

Risks? They have very little competition at the moment and when covid ends will it effect the time spent by users on the platform?

Skillz now up over 110% since I mentioned it. Hope a few people got it, one of the better ones I've mentioned for sure.

I'm probably going to trim it soon, its trading at ~50 * 2020 earnings now.

Banana Republic 1 · 04-02-2021 11:29PM

Judith Great Balance wrote: »

My plan is to hold the 1.5 shares I have for at least 4 weeks and see where we are then. At that stage when/if I crystalize the loss I can carry it forward to offset against any future capital gain! :pac:

Crystallise the loss, a dangerous phrase.

LawBoy2018 · 05-02-2021 12:02AM

$AbbV doing well! Happy with my purchase of 40 shares at $102. Anyone heard about the new ARK etf in the pipeline? Could the likes of Virgin Galactic + the others be the next Tesla? Interesting times.

Dont be at yourself · 05-02-2021 12:16AM

jams100 wrote: »

Skillz now up over 110% since I mentioned it. Hope a few people got it, one of the better ones I've mentioned for sure.

I'm probably going to trim it soon, its trading at ~50 * 2020 earnings now.

They've announced a mobile esports partnership with NFL today.

05-02-2021 12:23AM

Judith Great Balance wrote: »

Revolut is pissing me off now, I know I've lost money thanks, stop spamming me and being so judgemental :mad:

Is that the 10% loss notification. I think they have to do that by law.

Timmaay wrote: »

Dollar finally appears to be out of its downtrend which its been in since the feds started printing dollars last march, the eur/dollar at 1.19 now (hit a low of 1.23). very useful if your portfolio is mostly in dollars.

It's great, have been seeing nice gains each morning. Long may it last. Go, slow Joe!!!

05-02-2021 12:27AM

AMC getting close to fair value in $5s. Might overshoot downwards.

Share Picks 2021 - Thread banned users post #1

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