Share Picks 2020

Nemeses2050 · 07-08-2020 12:40pm

talking about UK companies, anyone watching Hammerson, they're SC owners in UK/EU, Covid-19 has hammered them...They're at thier multi year lows...thier competitor Intu went into adminstration few weeks ago....very risky bet

riddles · 07-08-2020 2:39pm

On Degiro is there any general concern with enabling complex shares. I looking at LMND and got this message.

This product group is currently disabled (Complex Shares)
It seems that you did not enable this product group for trading. You can change this under Product Settings.
Please note that for some product categories you have to pass an appropriateness test before you can trade. If you already have a position in a product of this product group, you can always close this position.

howiya · 07-08-2020 2:57pm

riddles wrote: »

On Degiro is there any general concern with enabling complex shares. I looking at LMND and got this message.

This product group is currently disabled (Complex Shares)
It seems that you did not enable this product group for trading. You can change this under Product Settings.
Please note that for some product categories you have to pass an appropriateness test before you can trade. If you already have a position in a product of this product group, you can always close this position.

This came up for me the other day. I did the test, got all questions right but I had to manually change my settings to allow me add to a position I already had.

timetogo1 · 07-08-2020 3:01pm

Its some new setting they have. Same as howiya, I have a REIT I buy a few of each month. When adding to it yesterday I was required to do the test before I could enable purchasing REITs (which I've been doing for a year).

One More Toy · 07-08-2020 3:08pm

timetogo1 wrote: »

Its some new setting they have. Same as howiya, I have a REIT I buy a few of each month. When adding to it yesterday I was required to do the test before I could enable purchasing REITs (which I've been doing for a year).

I don't understand Degiro sometimes, a reit is hardly a complex product.

Fair enough if you were buying or writing options, or taking short positions it'd be a different story

One More Toy · 07-08-2020 3:14pm

Draftkings up 5% today, was there any particular news that sent the shares up? Can't see anything in particular

timetogo1 · 07-08-2020 3:42pm

One More Toy wrote: »

I don't understand Degiro sometimes, a reit is hardly a complex product.

Fair enough if you were buying or writing options, or taking short positions it'd be a different story

And the questions weren't exactly complex either. I think one of the 5 was how much could you possibly lose when purchasing a REIT.

Bob Harris · 07-08-2020 4:29pm

I wonder is the DeGiro step a response to the large numbers of retail accounts in the last few months and concern that the investing/gambling overlap has reemerged.

GoldFour4 · 07-08-2020 4:56pm

Bob Harris wrote: »

I wonder is the DeGiro step a response to the large numbers of retail accounts in the last few months and concern that the investing/gambling overlap has reemerged.

I think there has to be a link. The questions they ask aren’t difficult for the likes of the users of this forum who are financially literate and familiar with abbreviations and different types of instruments and associated risks etc. However the lack of sport a couple of months back definitely attracted a different type of user

Also some of the issues in the US with Robinhood traders likely caused some concern in line with the above.

One More Toy · 07-08-2020 4:58pm

malistheman wrote: »

I think there has to be a link. The questions they ask aren’t difficult for the likes of the users of this forum who are financially literate and familiar with abbreviations and different types of instruments and associated risks etc. However the lack of sport a couple of months back definitely attracted a different type of user

Also some of the issues in the US with Robinhood traders likely caused some concern in line with the above.

Yes, didn't a robinhood user die by suicide after seeing a negative 1m balance on his account?

ExMachina1000 · 07-08-2020 5:29pm

One More Toy wrote: »

Yes, didn't a robinhood user die by suicide after seeing a negative 1m balance on his account?

That's correct. He was trading cfds and his balance was showing 750k in the red or something like that

Nemeses2050 · 07-08-2020 5:54pm

Watch for Akers Bioscience - A micro-cap, who have been testing covid-19 vaccine in collabration with an Indian Biotech co. I have them from 3.70 they're now currently 5.90, it's been trading around 5 mark last few weeks...They're currently testing on animals...I understand there's tonnes of company's who're working on covid-19 vaccines.

franglan · 07-08-2020 6:13pm

One More Toy wrote: »

Draftkings up 5% today, was there any particular news that sent the shares up? Can't see anything in particular

Ups and downs and money being placed on the first golf major of the year perhaps?

sirboby · 07-08-2020 6:32pm

AIBG seems like a nice price atm

One More Toy · 07-08-2020 6:51pm

ExMachina1000 wrote: »

That's correct. He was trading cfds and his balance was showing 750k in the red or something like that

Awful tragedy

07-08-2020 6:53pm

ExMachina1000 wrote: »

That's correct. He was trading cfds and his balance was showing 750k in the red or something like that

What happens in a case like that? Assuming the person cannot hope to fund it?

Taylor365 · 07-08-2020 7:09pm

Deleted User wrote: »

What happens in a case like that? Assuming the person cannot hope to fund it?

It was just what was showing. The other part of his transaction which was hedged against it expired after hours.

So the next day he was only down/ or even up a small amount.

Obviously too late as he'd killed himself.

Lesson to be learned: research before doing.

ExMachina1000 · 08-08-2020 8:01am

[Deleted User] wrote: »

What happens in a case like that? Assuming the person cannot hope to fund it?

As far as i understand it he should get margin called once his cash balance drops to a certain figure and if he doesn't add more the trade is closed by the broker.

He was never on the hook for that 750k.

Bob24 · 08-08-2020 10:02am

ExMachina1000 wrote: »

As far as i understand it he should get margin called once his cash balance drops to a certain figure and if he doesn't add more the trade is closed by the broker.

He was never on the hook for that 750k.

Yes exactly, he would have lost all the money he put as a collateral, but neither him nor Robinhood ever put 730k at risk.

The real problem though is that this type of financial tool should never have been made available to a young beginner who doesn't understand them (especially with so much leverage). And also based on the screenshots fro the App that I saw, it did literaly display "Cash: -$730000" - which isn't very clear (it isn't hard to see how someone inexperiences understood it as having a massive negative balance to repay).

outonawing · 08-08-2020 10:05am

One More Toy wrote: »

Draftkings up 5% today, was there any particular news that sent the shares up? Can't see anything in particular

Might've been this:

https://draftkings.gcs-web.com/news-releases/news-release-details/draftkings-expands-exclusive-partnership-major-league-baseball

Or this:

https://draftkings.gcs-web.com/news-releases/news-release-details/draftkings-casino-queen-launches-sports-betting-illinois

outonawing · 08-08-2020 10:10am

bcklschaps wrote: »

But on a side note : Jaysus, €7 in charges between Degiro, Stamp duty etc. LSE are Feckin robbers.

I only bought €400 worth.

You have the option of eliminating the DeGiro charge.

ShareShare · 08-08-2020 3:15pm

outonawing wrote: »

You have the option of eliminating the DeGiro charge.

Could you elaborate? Do you mean switch broker?

outonawing · 08-08-2020 3:46pm

ShareShare wrote: »

Do you mean switch broker?

I do

08-08-2020 4:22pm

outonawing wrote: »

I do

Setting up his own brokerage is an option I suppose.

BTW, do you charge per word. :pac:

Who is cheaper than DeGiro?

The biggest pain is the stamp duty, which will be the same regardless.

outonawing · 08-08-2020 4:34pm

[Deleted User] wrote: »

Setting up his own brokerage is an option I suppose. BTW, do you charge per word. :pac:

Who is cheaper than DeGiro?

The biggest pain is the stamp duty, which will be the same regardless.

I always admired Albert Reynold's back of an envelope approach :-)

I've recently started using Trading 212 as well as DeGiro. Now, I resent paying DeGiro's fees.

plasmin · 08-08-2020 4:49pm

outonawing wrote: »

I always admired Albert Reynold's back of an envelope approach :-)

I've recently started using Trading 212 as well as DeGiro. Now, I resent paying DeGiro's fees.

Is premarket and after hours available in Trading 212?

outonawing · 08-08-2020 5:09pm

plasmin wrote: »

Is premarket and after hours available in Trading 212?

Fraid not :-(

One More Toy · 08-08-2020 9:36pm

What podcasts do you guys listen to?

roosterman71 · 08-08-2020 9:39pm

One More Toy wrote: »

What podcasts do you guys listen to?

Blindboy and Dadcast

Valhallapt · 08-08-2020 11:41pm

One More Toy wrote: »

What podcasts do you guys listen to?

Anything from motley fool

Bob24 · 09-08-2020 1:13pm

outonawing wrote: »

I've recently started using Trading 212 as well as DeGiro. Now, I resent paying DeGiro's fees.

Are you happy with Trading 212 and would you you us it as your main broker.

I find them tempting and besides the savings their app seems nice, but I always tend to wonder what I am exchanging for a free service.

One particular thing I am wondering about is why some shares are not available on the platform by default and need to be requested (for exemple some super mainstream U.K. investment trusts aren’t there). I.e. is there something different in the way they process transactions or hold shares compared to other online brokers which always had the mainstream stuff I was looking for?

Bob24 · 09-08-2020 1:14pm

One More Toy wrote: »

What podcasts do you guys listen to?

Macrovoices and The Grant Williams Podcast (in that order of preference).

But I guess it depends on what you are looking for: the above will educate someone in terms of understanding finance and macroeconomics (as well as giving a weekly high level update on financial markets for Macrovoices), but won’t give any specific trade ideas.

outonawing · 09-08-2020 1:57pm

Bob24 wrote: »

Are you happy with Trading 212 and would you you us it as your main broker.

I find them tempting and besides the savings their app seems nice, but I always tend to wonder what I am exchanging for a free service.

One particular thing I am wondering about is why some shares are not available on the platform by default and need to be requested (for exemple some super mainstream U.K. investment trusts aren’t there). I.e. is there something different in the way they process transactions or hold shares compared to other online brokers which always had the mainstream stuff I was looking for?

Hi Bob,

My experience with T212 is limited to a little over a month. Nearly all my purchases in that time have been with them. I only buy individual company shares, mostly US and using limit orders. Thus far all has been trouble free.

They say that clients shares are held in custody with Interactive Brokers. Apparently, their profits come from CFD trading.

I'm not promoting them, just one of their many clients.

One More Toy · 09-08-2020 2:03pm

outonawing wrote: »

Hi Bob,

My experience with T212 is limited to a little over a month. Nearly all my purchases in that time have been with them. I only buy individual company shares, mostly US and using limit orders. Thus far all has been trouble free.

They say that clients shares are held in custody with Interactive Brokers. Apparently, their profits come from CFD trading.

I'm not promoting them, just one of their many clients.

Mostly laziness on my part but I can't be bothered opening another broker account, I'm happy with degiro I think the interface is sleek

09-08-2020 2:08pm

One More Toy wrote: »

Mostly laziness on my part but I can't be bothered opening another broker account, I'm happy with degiro I think the interface is sleek

Same, despite their recent shenanigans.

I opened a Trade 212 account and could work their platform, and I didnt like it compared to DeGiro's.

As it turned out they couldn't verify my documents after several attempts. At that stage my DeGiro was back up trading and I simply closed my Trade 212 account.

Shedite27 · 09-08-2020 3:41pm

One More Toy wrote: »

What podcasts do you guys listen to?

Stock Club, Pivot, Rule Braking Investing

One More Toy · 09-08-2020 7:15pm

Anyone making any moves this week?

AmberGold · 09-08-2020 8:19pm

One More Toy wrote: »

Anyone making any moves this week?

Might exit some slow movers to get more Fastly on the dip.

Kilboor · 10-08-2020 9:42am

Aussie stock up 20% overnight (Finally in the money after 4 years, my first ever stock purchase). Crypto up 91% in 7 days (Again finally in the money but up about 60%)

Looks like the beginning of a week that can only go down from here!

10-08-2020 9:47am

Kilboor wrote: »

Aussie stock up 20% overnight (Finally in the money after 4 years, my first ever stock purchase).

Did you sell immediately like you always promised yourself you would

Kilboor · 10-08-2020 9:50am

Deleted User wrote: »

Did you sell immediately like you always promised yourself you would

Not a fecking chance, holding that stock is like having another brother at this stage! I set a price target back in 2016 for it and I intend to stick to my guns

No but seriously it's a gold and cobalt miner so I'm happy to hold longer while gold is booming and they are yet to announce open pit mining results/aussie resources board approval

Jesper · 10-08-2020 12:21pm

One More Toy wrote: »

What podcasts do you guys listen to?

I like the 'MyWallSt' guys. Easy to listen to and Dublin based. They have one free podcast a month and one stock pick 'members only' one per month.
I may or may not follow them but over the past few months I do like the following stocks (some which took a hammering last Friday).
Coupa Software/Sea/Datadog/Etsy/Pinterest

Talking about hammering
Alteryx, Inc. (AYX) took a beating last Friday even though the results sounded ok. Definitely not the beating I was expecting so perhaps a good point to enter at now?
121.38-47.62 (-28.18%)

For good or bad my trading strategy is to find a professional organisation that has a good track record and in general take their advice. This will be for about 50% of my portfolio. The other 50% will be large cap 'anchor' stocks and perhaps a small bit of some 'gut' feeling/gambling

Dave1711 · 10-08-2020 1:50pm

Debating picking up a few stocks in the airline industry a lot of the american airlines are at close to have their value pre covid, long term id imagine some of them will rebound to strong numbers again.

Shedite27 · 10-08-2020 2:08pm

Jesper wrote: »

I like the 'MyWallSt' guys. Easy to listen to and Dublin based. They have one free podcast a month and one stock pick 'members only' one per month.
I may or may not follow them but over the past few months I do like the following stocks (some which took a hammering last Friday).
Coupa Software/Sea/Datadog/Etsy/Pinterest

Talking about hammering
Alteryx, Inc. (AYX) took a beating last Friday even though the results sounded ok. Definitely not the beating I was expecting so perhaps a good point to enter at now?
121.38-47.62 (-28.18%)

For good or bad my trading strategy is to find a professional organisation that has a good track record and in general take their advice. This will be for about 50% of my portfolio. The other 50% will be large cap 'anchor' stocks and perhaps a small bit of some 'gut' feeling/gambling

Yeah I have about 5% of my Portfolio in that, heck of a beating. I think they're an example of what happens to these big growth companies. They've brought huge returns over the past few months, so owe me nothing. That said, all those SAAS companies, Fastly, Datadog, Docusign, Alteryx, Crowdstrike, Okta (I own them all), are inflated now to the point where their share price is only justified if they have pretty much 70-100% growth each quarter. Obviously that's impossible to do forever, Alteryx were the first to falter last Thursday, and you see the results. It's grand for those that saw it go up 130% TYD before the Friday, but it shows that it's risky buying into them now.

As for Alteryx specifically, it's a quiet company, you're not going to hear big soundbites that will blow up the stock price until next results day, so I don't see it recovering that 28% dip for a while.

Your portfolio plan is sound, my problem is when you see the solid side growing at 10% per annum, while your other 50% doubles in 3 months (as we say Arpil-June this year), it's awfully tempting to make it 60/40, 70/30, 80/20 etc.

retalivity · 10-08-2020 2:36pm

Sold off some some of my holdings in LSE at ~10% profits (SDRY & DDDD), going to buy some more WORK and TEAM with the weak dollar.
I see a buy order for MONC from a few weeks back got filled as well.

bcklschaps · 10-08-2020 2:59pm

Shedite27 wrote: »

I “bought the dip” at $35 on Thursday (down from $42 Monday)

Dip went lower

I hold DKNG and GAN (someone on here opened my eyes to them), but am liking what I see in PENN. Big casino presence, looking to move into sports betting. Bought a big stake in Barstool Sports (big US sports brand) and are lunching betting app through that soon, to tie in with the return of sports. Their casinos and bars will all have big Barstool branding, pushing the biggest gamblers to their online platform.

They’re somehow currently valued at $4bn compared to Draftkings $12bn. Draftkings has revenue of 300m and made a loss last year (doing sports gambling). Penn has revenue of 5.3BILLION before you add the sports gambling. How does that market cap make sense?

Probably enough room for both to be successful but definitely a lot more room for PENN to grow I feel.

I’m certainly considering jumping ship

Fair play buddy, your recommendation prompted me to pick up PENN at $30 ... its been my best performing stock over the last few weeks. up 50%

whereas GAN & DKNG have basically just threaded water.

PENN down 3% today, however ... soo hopefully this post doesn't precipitate a nasty downward spiral...

roosterman71 · 10-08-2020 4:09pm

4d Pharma, which were tipped here a couple of months back, up 30% today at time of writing. Whats happening there?

Edit: +44% now

weemcd · 10-08-2020 4:29pm

roosterman71 wrote: »

4d Pharma, which were tipped here a couple of months back, up 30% today at time of writing. Whats happening there?

About time. I've been waiting for them to do something.

One More Toy · 10-08-2020 4:58pm

Draftkings down 9%, send thoughts and prayers

Kilboor · 10-08-2020 5:00pm

I had a look at draftkings yesterday, I hadn't a clue what they actually do but when I went to search it every suggestion was about its stock price. That was a warning enough for me !

That and the video on their website explaining what they do is extremely low quality. Who ever recorded it forgot to turn off notifications and they get a spotify song playing notification mid recording.....

Share Picks 2020

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