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Share Picks 2020

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Comments

  • Registered Users Posts: 264 ✭✭Fantomas9mm


    Are any of the medicinal cannabis stocks worth a look at the moment ?

    It seems they have all settled down now to a more sensible price ?

    Any thoughts on Tilray ?


  • Registered Users, Registered Users 2 Posts: 3,175 ✭✭✭littlevillage


    They flew 14.9m passengers in August 2019. They're at 70% capacity on the planes they haven't grounded.

    And they have grounded a mere 90% of their regular flights


  • Registered Users Posts: 108 ✭✭frebel


    Shedite27 wrote: »
    Been in it since $20, I think it's here to stay. There's probably thesis' written about it, but for me saying they have "one thing" is similar to saying all Apple do is iPhone. Their customers are so into it now it's a bit of a cult.

    It's a gym replacement rather than competing with another bike, it's the online classes that are selling the product. You know how much a spinning class in New York or San Francisco costs? $34 a pop - addd more if you want to rent the cycling shoes. The average user of a Peloton does through 24 classes a month. It's not that expensive when you run the numbers. I won't be buying one, but if 3 classes a month in your gym costs $400 - it's easy to see why you'd get yourself a bike and subscription.

    Still hard to understand how it has so many customers though with such a cost just to start. Think peloton bike is 2k+!!
    Road cyclists wouldn't pay that on a stationary bike and most gym users would be slow to pay that much from the start...

    There's plenty of competition such as Zwift which provides online community along with workouts and gaming element yet is only 14 euro per month and you can set it up with any bike and smart trainer...which makes them mobile and take up less space...

    It's marketing isn't always on point either


    None of it makes sense really


  • Banned (with Prison Access) Posts: 79 ✭✭ChuckieEgg


    frebel wrote: »
    Still hard to understand how it has so many customers though with such a cost just to start. Think peloton bike is 2k+!!
    Road cyclists wouldn't pay that on a stationary bike and most gym users would be slow to pay that much from the start...

    There's plenty of competition such as Zwift which provides online community along with workouts and gaming element yet is only 14 euro per month and you can set it up with any bike and smart trainer...which makes them mobile and take up less space...

    It's marketing isn't always on point either


    None of it makes sense really

    Plenty road cyclists pay well over 2k for a bike. You will not get a competition bike for 2k.
    Peloton know that there are people who want the best of the best and they aim to provide it.


  • Registered Users Posts: 871 ✭✭✭voluntary


    They flew 14.9m passengers in August 2019. They're at 70% capacity on the planes they haven't grounded.

    And the passenger numbers don't represent earnings. Currently they sell tickets for nothing. Buy one get one (passenger) free and 50 eur off offers. 4b in cash is a lot of money (actually less then 3b in cash, the rest in some financial assets) but they burned nearly 200 million in the quarter ending June.


  • Registered Users Posts: 108 ✭✭frebel


    ChuckieEgg wrote: »
    Plenty road cyclists pay well over 2k for a bike. You will not get a competition bike for 2k.
    Peloton know that there are people who want the best of the best and they aim to provide it.

    Exactly... so they would generally spend their 2k on a road bike/ tt bike/ winter bike/ competition bike ahead of a stationary bike...

    Either way, if there are cyclists who would do that, I wouldn't have thought there would be enough numbers doing so to make company so successful...


  • Banned (with Prison Access) Posts: 79 ✭✭ChuckieEgg


    Well you could have the same thought process about the iPhone or any manufacturer flagship phone. Or luxury cars for that matter.
    There's a lot of people out there with loads of money to spend


  • Registered Users, Registered Users 2 Posts: 1,648 ✭✭✭bp_me


    frebel wrote: »
    Road cyclists wouldn't pay that on a stationary bike and most gym users would be slow to pay that much from the start...

    Yes they would!

    Kickr Bike. Tacx Neo bike. Kickr + kickr climb combo. Wattbike atom. To name just a few. The kickr and neo bikes are more like 3k+....


  • Registered Users Posts: 264 ✭✭Fantomas9mm


    frebel wrote: »
    Exactly... so they would generally spend their 2k on a road bike/ tt bike/ winter bike/ competition bike ahead of a stationary bike...

    Either way, if there are cyclists who would do that, I wouldn't have thought there would be enough numbers doing so to make company so successful...

    Bikes are nearly sold out all over the country.


  • Registered Users, Registered Users 2 Posts: 9,428 ✭✭✭Shedite27


    Peloton isn't competing with Canyon road bikes. Neither is it competing with any run of the mill stationary bikes. It's competing with gyms.

    If I was do go to a 45 minute spin class at 11am this morning, I have a 10/15 minute walk down, time to get setup on the bike, and 10/15 minute walk home. And if that's a bleak November morning, forget about it. With Peloton, I can block an hour out of my work calendar, do my 45 mns in the spare room, have a shower and be back at the laptop by 12. The missus could do a Yoga class through the screen on it later if she wants it.

    And don't forget, a lot of people have gym memberships that are close to offices, or ties in with their commutes. They're gone now. A lot of people have further than 10/15 minute walk to get to the gym.


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  • Banned (with Prison Access) Posts: 79 ✭✭ChuckieEgg


    I believe Peloton has a market within the Gyms too. As Frebel was alluding to, not everyone can afford or has the space for there own Pton Bike. Yet for a Gym the Peloton package could replace instructors within the Gym.
    I think the biggest threat to them is from the likes of Apple and Amazon.
    As an investment, it has gotten overheated this year and may drop back a bit for a buying opportunity


  • Registered Users, Registered Users 2 Posts: 1,285 ✭✭✭AmberGold


    ChuckieEgg wrote: »
    I believe Peloton has a market within the Gyms too. As Frebel was alluding to, not everyone can afford or has the space for there own Pton Bike. Yet for a Gym the Peloton package could replace instructors within the Gym.
    I think the biggest threat to them is from the likes of Apple and Amazon.
    As an investment, it has gotten overheated this year and may drop back a bit for a buying opportunity

    If Apple bought Zwift that would something for Peloton to worry about.


  • Registered Users, Registered Users 2 Posts: 3,100 ✭✭✭Browney7


    Shedite27 wrote: »
    I know it's been asked before, but any insight as to when $GAN is slipping? Seems to be down everyday recently.

    From $13 in May
    To $27 in July
    Back to $15 today

    Might be a bit of activity on the gambling stocks stateside with the news of William hill (30% jump) being approached for a takeover.


  • Registered Users Posts: 3,461 ✭✭✭Bob Harris


    On Ryanair, flew last week and paid 80€ return about 6/7 weeks ago. The same flights were 16€ return the day before the flight. There were about 40 on board and I expect the same going back. The return flight was changed twice due to cancellations. This is a route that would have 3/4 daily flights and always fairly full in normal times.
    Ryanair have cash to ride this out and are best positioned to respond to any increase in demand but their business is suffering and only the above is keeping the share price afloat


  • Registered Users, Registered Users 2 Posts: 9,428 ✭✭✭Shedite27


    Bob Harris wrote: »
    On Ryanair, flew last week and paid 80€ return about 6/7 weeks ago. The same flights were 16€ return the day before the flight. There were about 40 on board and I expect the same going back. The return flight was changed twice due to cancellations. This is a route that would have 3/4 daily flights and always fairly full in normal times.
    Ryanair have cash to ride this out and are best positioned to respond to any increase in demand but their business is suffering and only the above is keeping the share price afloat
    It's basically a "who can last longest" game with the Airlines. The more weak airlines that go bust, the more market for the strong players in the long run. Every time one of Flybe go bankrupt, that's good for Ryanair.


  • Registered Users Posts: 245 ✭✭sirboby


    I know this probably is not the ideal thread to ask in but does anyone know what caused the Rolls-Royce spike? I just watched it go from -2% down today to +12% in the past few minutes, cant find any breaking news


  • Registered Users, Registered Users 2 Posts: 9,428 ✭✭✭Shedite27


    sirboby wrote: »
    I know this probably is not the ideal thread to ask in but does anyone know what caused the Rolls-Royce spike? I just watched it go from -2% down today to +12% in the past few minutes, cant find any breaking news
    https://news.sky.com/story/kuwaits-state-fund-in-talks-to-take-stake-in-struggling-rolls-royce-12081350

    Best way to find breaking news is to type the ticker into twitter with a $ sign before it. ie $RR
    I always do it before I make a purchase/sale just in case there's something that's broken


  • Registered Users Posts: 245 ✭✭sirboby


    Shedite27 wrote: »
    https://news.sky.com/story/kuwaits-state-fund-in-talks-to-take-stake-in-struggling-rolls-royce-12081350

    Best way to find breaking news is to type the ticker into twitter with a $ sign before it. ie $RR
    I always do it before I make a purchase/sale just in case there's something that's broken

    That's actually really useful, thanks for that I'm still relatively new to all this


  • Registered Users, Registered Users 2 Posts: 1,585 ✭✭✭Mickiemcfist


    Shedite27 wrote: »
    It's basically a "who can last longest" game with the Airlines. The more weak airlines that go bust, the more market for the strong players in the long run. Every time one of Flybe go bankrupt, that's good for Ryanair.

    MOL has a good point on it though. Ryanair should be the one to be able to capitalize most, but a lot of the flag carriers are state supported so have effectively limitless funding. The Lufthanza deal recently is an example.


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  • Registered Users Posts: 264 ✭✭Fantomas9mm


    Are any of the medicinal cannabis stocks worth a look at the moment ?

    It seems they have all settled down now to a more sensible price ?

    Any thoughts on Tilray ?

    I see Aurora Cannabis are down 86% in the last year !

    Is stock like this not worth touching until at least after the US Presidential election ?

    Or would you not go near it full stop ?


  • Registered Users Posts: 871 ✭✭✭voluntary


    One reason Ryanair only lost like 200 Million in June quarter was that they didn't refund customers. They sent out vouchers instead.

    Let's wait and see the quarter ending September results, my bet is they will be worse and the December quarter will be a total disaster. I assume nearly no travel during the coming second wave + flue season.


  • Closed Accounts Posts: 170 ✭✭DilD


    I see Aurora Cannabis are down 86% in the last year !

    Is stock like this not worth touching until at least after the US Presidential election ?

    Or would you not go near it full stop ?

    Not in a million years IMO. Stock is down 96% from its last attempt at a run in March 2019, has been in a downtrend since then. There's a reason it's down so much for so long...

    CRLBF, GTBIF, TCNNF are better alternatives showing relative strength if you must look at Cannabis stocks. They have proven themselves recently, they are not in a position to buy now but may be worth watching for the future if they build a proper base. Personally I wouldn't even have these on my watchlist as technically they are still a ways away from purchase and the fundamentals are weak. Far better looking stocks out there


  • Posts: 2,827 [Deleted User]


    voluntary wrote: »
    One reason Ryanair only lost like 200 Million in June quarter was that they didn't refund customers. They sent out vouchers instead.

    Let's wait and see the quarter ending September results, my bet is they will be worse and the December quarter will be a total disaster. I assume nearly no travel during the coming second wave + flue season.
    Vouchers are liabilities to the company. Their profit or loss is not related to outstanding vouchers. There is nothing about these vouchers that a company could claim to be recognised income until the voucher\credit is redeemed.


  • Moderators, Business & Finance Moderators Posts: 10,419 Mod ✭✭✭✭Jim2007


    voluntary wrote: »
    One reason Ryanair only lost like 200 Million in June quarter was that they didn't refund customers. They sent out vouchers instead.

    Let's wait and see the quarter ending September results, my bet is they will be worse and the December quarter will be a total disaster. I assume nearly no travel during the coming second wave + flue season.


    Really can you give us the reference to this change in accounting policy, they are required to disclose such a change so please enlighten us, as I can't find any reference to it.


  • Registered Users, Registered Users 2 Posts: 9,428 ✭✭✭Shedite27


    For all the talk of "the markets were up huge in August and bad September", I'm up more in Sept than August. Though that's probably a reflection of a below average August for me


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  • Site Banned Posts: 1,463 ✭✭✭RIGOLO


    RIGOLO wrote: »
    Anyways to balance off this part of the portfolio (edit gun stocks) Ive taken a large position in the BLM movement.
    Picked up some BYFC (Broadway Financial currnetly $2.37) and CARV (Carver Banking group currently $7.11), a few weeks ago both black owned banking companys. Netflix already announced they are moving $100 million in deposits to black owned banks, and I expect other major multi-nationals to follow suit.
    I averaged down on both and have taken some profit off the table as both of these are day traders dreams with major run ups and drops which I have played, but for now I think these 2 companies are long term holds.
    UONE (is a black owned social media and radio company) I dont own any but some people are speculating they will grow with BLM growth. But BYFC and CARV are my main BLM plays

    If the A-listers and multi-nationals are serious about supporting the BLM movement sooner or later serious money will have to flow to these 2.
    Scared money dont make money so this is only for the brave.
    .
    anyone listening back in July ..

    CARV - 7.18+1.62 (+29.14%)
    BYFC - 2.0800+0.6400 (+44.44%)

    ..sweet...
    nice double digit gains late Friday . Just needed some patience. Anyone follow

    Thanks to the TRump Administration - 500 billion investment in Black owned buisness, the growth hasnt been priced in . and the bill hasnt been signed yet. These will blow once it has.
    Dont look for much coverage in the main stream news of this backing from Trump administration for black communities.
    Gotta love when your investments in social development come good.
    More Than Juneteenth? What’s In Trump’s $500 Billion “Platinum Plan” For Black America

    https://www.forbes.com/sites/sethcohen/2020/09/25/more-than-juneteenth-whats-in-trumps-500-billion-platinum-plan-for-black-america/


  • Posts: 0 [Deleted User]


    RIGOLO wrote: »
    anyone listening back in July ..

    CARV - 7.18+1.62 (+29.14%)
    BYFC - 2.0800+0.6400 (+44.44%)

    ..sweet...
    nice double digit gains late Friday . Just needed some patience. Anyone follow

    Thanks to the TRump Administration - 500 billion investment in Black owned buisness, the growth hasnt been priced in . and the bill hasnt been signed yet. These will blow once it has.
    Dont look for much coverage in the main stream news of this backing from Trump administration for black communities.
    Gotta love when your investments in social development come good.



    https://www.forbes.com/sites/sethcohen/2020/09/25/more-than-juneteenth-whats-in-trumps-500-billion-platinum-plan-for-black-america/


    This has been mentioned on stocktwits too. Good old electioneering to make even FF blush.


    I trust it works out better than the promised Kodak loan. Hard to see the Dem oppose it for political reasons.


  • Registered Users Posts: 454 ✭✭MikeSoys


    Why is ryanairs share price still so high? What going on there?


  • Registered Users, Registered Users 2 Posts: 1,285 ✭✭✭AmberGold


    MikeSoys wrote: »
    Why is ryanairs share price still so high? What going on there?

    They have the cash to ride it out.


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    AmberGold wrote: »
    They have the cash to ride it out.

    They are in a better position than many airlines for sure, but it is hard to say with strong certainty that they will come out of it unscathed.

    None of us knows how much longer this will last and what the medium/long term impact might be on the airline industry. I suspect the impact is already a bit deeper and longer than what most investors had in mind just a few weeks/months ago.


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  • Registered Users Posts: 786 ✭✭✭ctlsleh


    frebel wrote: »
    Exactly... so they would generally spend their 2k on a road bike/ tt bike/ winter bike/ competition bike ahead of a stationary bike...

    Either way, if there are cyclists who would do that, I wouldn't have thought there would be enough numbers doing so to make company so successful...

    FYI, Peloton isn’t only cycling/spinning, it includes strength and conditioning, yoga, boot camps, stretching, running, cardio etc. It’s like a gym at home and has a monthly sub, so great biz model and a great product that’s not easy to replicate. Zwift is specifically for cyclists while peloton appeals to a wider audience.


  • Site Banned Posts: 1,463 ✭✭✭RIGOLO


    RIGOLO wrote: »

    INO ($16.52) very heavily shorted shorts, circa 30% of float, but they cant hold it back forever. I believe in their science, their DNA platform has a number of products in late stage trials. The big play is their very safe Covid vaccine. Playing catchup on the early Covid vaccine runners but they may win a big chunk of the prize or potentially bought out in the next 24 months, expecting major news in the next 2-3 weeks.

    looks like I might take a beating on this one. Think it will be temporary.
    Stock is crashing this morning due to FDA putting a 'partial hold' on going into phase 3. Not like in the AZN case which was due to reaction in patients.
    somethings fishy going on here
    $500 million dollars shorted at $10 and the week when they are meant to announce going into phase 3 trials the FDA comes along and pulls the plug.
    Somebody playing dirty.
    Ah well looks like its my patience versus Wall St manipulation and theres only going to be one winner there.


  • Registered Users Posts: 689 ✭✭✭Skippy along


    RIGOLO wrote: »
    looks like I might take a beating on this one. Think it will be temporary.
    Stock is crashing this morning due to FDA putting a 'partial hold' on going into phase 3. Not like in the AZN case which was due to reaction in patients.
    somethings fishy going on here
    $500 million dollars shorted at $10 and the week when they are meant to announce going into phase 3 trials the FDA comes along and pulls the plug.
    Somebody playing dirty.
    Ah well looks like its my patience versus Wall St manipulation and theres only going to be one winner there.


    Hopefully an over reaction to the news at least its not like astra zenca but em I'd say buckle up it's going to a bumpy afternoon for us


  • Posts: 0 [Deleted User]


    Hold tough lads. Most Clinical holds get overturned quickly enough. It's not like the FDA see themselves as rubber stampers, so need to justify their existence.


  • Registered Users Posts: 701 ✭✭✭danoriordan1402


    I am still holding some INO for the long term, the panic selling is hilarious ;)
    I see another Electric Truck company will be appearing on the scene today - https://www.cnbc.com/2020/09/10/a-new-electric-truck-stock-is-hitting-the-market.html
    Big push premarket on the SHLL stocks over the weekend. I wonder if this truck will roll downhill as well like a classic pump and dump :)


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


    I am still holding some INO for the long term, the panic selling is hilarious ;)
    I see another Electric Truck company will be appearing on the scene today - https://www.cnbc.com/2020/09/10/a-new-electric-truck-stock-is-hitting-the-market.html
    Big push premarket on the SHLL stocks over the weekend. I wonder if this truck will roll downhill as well like a classic pump and dump :)

    SBE is another one worth looking at.


  • Registered Users Posts: 701 ✭✭✭danoriordan1402


    SBE is another one worth looking at.

    yeah , I was looking at that as well - good value in that, one to hold for a bit I think


  • Registered Users, Registered Users 2 Posts: 9,428 ✭✭✭Shedite27


    SBE is another one worth looking at.

    SBE more promising, they make charging points, and is backed by Tesla


  • Registered Users, Registered Users 2 Posts: 11,394 ✭✭✭✭Timmaay


    I don't know who recommended UMC here back 2 months ago, took a random punt on them and 30% up at the min, thanks!


  • Registered Users Posts: 3,813 ✭✭✭One More Toy


    Sitting on a 78% gain for DKNG, my only regret is that I didn't buy more!


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  • Registered Users Posts: 689 ✭✭✭Skippy along


    Sitting on a 78% gain for DKNG, my only regret is that I didn't buy more!

    Had a 30% gain on INO.... ruined my lunch i can tell you


  • Site Banned Posts: 1,463 ✭✭✭RIGOLO


    Hopefully an over reaction to the news at least its not like astra zenca but em I'd say buckle up it's going to a bumpy afternoon for us

    Indeed the complaint is over their propietary device they use to adminster their vaccines, this device has been used and approved by the FDA for multiple previous trials by INO and the DOD bought $70 million worth of them a few months back so this hold up is a red herring

    INO has recovered some bit, which tells me it was an epic head fake by Wall St with a little help from some friends in the FDA , all to cover their mega short exposure. The drop hasnt held , theres a floor holding strong.
    But this issue could still take 30 days or more to resolve.
    Welcome to the wild west of bio-pharma investing .

    Kicking myself over Jfrog (Artifactory) FROG (up 10% today), when we had SUMO, FROG, Unity and SNOWFLAKE all IPO'ing a few weeks back, FROG was the pick of the bunch, good product, good companies using it and breaking even which is unheard of for a cloud devops play these days, but the IPO price was too rich I thought, I expected a pull back to jump in and hold for 6 months, but that hasnt happened.
    U-SUMO-FROG-SNOW - combined losses over 1 billion , never made a profit (open to correction) combined valuation over 100 billion.
    Morale of the story if you think a tech stock is over-priced for their balance sheet.. Wall St says think again


  • Registered Users Posts: 1,569 ✭✭✭Nemeses2050


    Had a 30% gain on INO.... ruined my lunch i can tell you

    Same here, thought with spike in cases almost in every part of the world all covid related names would spike too :mad:


  • Registered Users, Registered Users 2 Posts: 9,428 ✭✭✭Shedite27


    RIGOLO wrote: »
    Indeed the complaint is over their propietary device they use to adminster their vaccines, this device has been used and approved by the FDA for multiple previous trials by INO and the DOD bought $70 million worth of them a few months back so this hold up is a red herring

    INO has recovered some bit, which tells me it was an epic head fake by Wall St with a little help from some friends in the FDA , all to cover their mega short exposure. The drop hasnt held , theres a floor holding strong.
    But this issue could still take 30 days or more to resolve.
    Welcome to the wild west of bio-pharma investing .

    Kicking myself over Jfrog (Artifactory) FROG (up 10% today), when we had SUMO, FROG, Unity and SNOWFLAKE all IPO'ing a few weeks back, FROG was the pick of the bunch, good product, good companies using it and breaking even which is unheard of for a cloud devops play these days, but the IPO price was too rich I thought, I expected a pull back to jump in and hold for 6 months, but that hasnt happened.
    U-SUMO-FROG-SNOW - combined losses over 1 billion , never made a profit (open to correction) combined valuation over 100 billion.
    Morale of the story if you think a tech stock is over-priced for their balance sheet.. Wall St says think again
    Asana is another one I really like that will likely add to that list Wednesday


  • Site Banned Posts: 1,463 ✭✭✭RIGOLO


    RXT Rackspace - 18.33 currently trading bang in the middle of
    50 DMA 18.47
    200 DMA 18.26
    Am holding them as someone is going to buy them out eventually. Apple were rumoured to be interested.
    The Covid driven momentum move to cloud demands physical infrastructure , 5G will drive consumer demand . Which all leads to off prem physical data centres and lots of em

    As we all know there is no such thing as the cloud , its just somebody elses computer :)

    INTC ($50) picked some up sub 48 a few weeks back , backing them to be a solid place to park some cash for the next 12 months with potential to grow if Wall St ever figures out what an EPS over $5 really means.
    AMD/NVIDIA are over-hyped sp's its not all about first to 7nm, I still think INTEL have some cards up their sleeves including mobileeye and 5G products

    GLTA


  • Site Banned Posts: 1,463 ✭✭✭RIGOLO


    RIGOLO wrote: »
    .....
    NYCTL (£4) - Covid testing play , ridden this thru its peaks , expecting major RNS in the coming weeks, as it moves to a mid-cap company , on many big pharma people takeover radar.
    RIGOLO wrote: »
    Meant to add ODX (76p) to that list yesterday. Its volatile, jumped 8% today but ones always at the mercy of the MMs.
    Theres a number of UK based Covid Testing plays, ODX and NYCT are mine.
    NYCT are working on a multi infection kit, WINTERPLEX , one test will identfy both Covid and Influenza to simplify testing.
    At some point Boris and Operation Moonshot has to cause one of these players to pop.

    boom contract landed , announcement yesterday .. :)
    I wonder what todays opening price will be, indications are £5.25 ... trading at £4.67 yesterday in London its AIM listed but you can trade it in Paris also .
    Paris, France and Camberley, UK - 29 September 2020 - Novacyt (EURONEXT GROWTH: ALNOV; AIM: NCYT), an international specialist in clinical diagnostics, announces it has signed a new supply contract with the UK Department of Health and Social Care (DHSC) for its q16 and q32 Rapid-PCR instrument platforms, exsig® COVID-19 Direct kits and genesig® SARS-CoV-2 Winterplex kits...This first phase of the contract will involve the immediate deployment of 300 PCR instruments, related kits and support services with a minimum value of £150 million for the first 14 weeks

    double boom ... new CE approved serology test...
    Paris, France and Camberley, UK - 29 September 2020 - Novacyt, an international specialist in clinical diagnostics, announces that, further to the announcement on 27 July 2020, the Company has launched a CE-Mark approved serology (antibody) 96-well plate ELISA (enzyme-linked immunosorbent assay) test for the detection of IgG antibodies to SARS-CoV-2 derived from plasma and serum samples.

    will exit ODX , top slice some NYCT and let the rest sit. The Abott 15 min test Trump admin demonstrated at the presser yesterday could be agame changer

    EDIT:
    triple boom ..
    another plus on the NOVACYT spike is the computer quants will get burned, Voleon a supposedly AI short machine managed fund had a large short position on NYCT, 700,000 shares to cover. I wonder what HAL is saying this morning...

    https://whalewisdom.com/short_position/holder/voleon-capital-management-lp

    https://www.ft.com/content/87725d8e-870b-42a4-8f1b-e07ab58c354b


  • Registered Users Posts: 701 ✭✭✭danoriordan1402


    RIGOLO wrote: »

    As we all know there is no such thing as the cloud , its just somebody elses computer :)

    GLTA

    As someone who deals with Cloud infrastructure, it still amazes me when end users have an outage and wonder why cause they are sitting in the cloud - some just don't get that there infrastructure is sitting on poor AWS hardware in a datacenter somewhere in the world :)


  • Registered Users Posts: 1,298 ✭✭✭RedRochey


    Just saw that the Invesco Solar Energy ETF is up 180% since it's March lows, 100% YTD, what are people's opinions on solar energy? You would think that over the next few years most new houses would have solar panels or are they just not feasible for households?


  • Registered Users Posts: 806 ✭✭✭jams100


    Altria group. Thoughts?
    I know people on here generally aren't attracted by dividends but they offer a relatively safe 9% dividend. I am a bit worried that they are over reliant on us market and their relatively high level of debt, but overall I feel that very little has to go right for them to be a decent investment


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  • Registered Users Posts: 243 ✭✭hottipper


    I see Aurora Cannabis are down 86% in the last year !

    Is stock like this not worth touching until at least after the US Presidential election ?

    Or would you not go near it full stop ?

    New kid in town - medical psychedelic lsd and mdna treatments now, who would have thunk it :pac: 10x or to 0 - my guess is the latter, yolo trade not an investment allocate accordingly
    mindmed
    https://www.mindmed.co/

    https://assets.website-files.com/5d41a9def65670578680c4ef/5f528c991416e8fdf11b5ca1_MindMed%20Corporate%20Deck%20July_compressed_3.pdf


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