Share Picks 2021 - Thread banned users post #1

19-04-2021 4:03pm

lol Topped up some holdings today and they take a dip immediatly afterwards. Is there an optimum time to buy stocks during the day? I have read that Friday is the wrst day, and Monday the best day. I bought about an hour after open, I should have waited till lunch time!

Cpfm · 19-04-2021 4:29pm

DutchYurt wrote: »

Is everyone still in PSTH? Im wondering if they are ever going to announce - starting to lose faith in SPACs big time. https://investorplace.com/2021/04/psth-stock-finds-itself-under-pressure/ interesting article on it

I got out. lost faith and wanted to re-invest in other stocks...still hold IPOE and IPOF, but no other spacs.

cronos · 19-04-2021 4:33pm

DutchYurt wrote: »

Is everyone still in PSTH? Im wondering if they are ever going to announce - starting to lose faith in SPACs big time. https://investorplace.com/2021/04/psth-stock-finds-itself-under-pressure/ interesting article on it

If it comes close to 22 I'd consider it. I bought into IPOF at 10.5 and GSAH at 10.5. Both are down though. But Skills, Opendoor and CCIV are all well down for me. Need this to turn soon.

Bacchus · 19-04-2021 4:57pm

Between crypto over the weekend and the red sea today. I'm not looking at my accounts for the rest of the week.

cc87 · 19-04-2021 4:57pm

DutchYurt wrote: »

Is everyone still in PSTH? Im wondering if they are ever going to announce - starting to lose faith in SPACs big time. https://investorplace.com/2021/04/psth-stock-finds-itself-under-pressure/ interesting article on it

Still in, sold a small bit around the 30$ mark but kept majority.

I have a few other SPACs as well, AONE, NSH, SFTW, NGAC, FTOC, TSIA, mainly bought at or near the 10$ mark. Have tried to stick to post-DA spacs that have merged with companies with products on the market and a bit more of a traceable history that some of the more speculative ones. NGAC the exception here and TSIA to a lesser extent.

Picked up CCIV around 22$, and it continued dropping.

SPACs have been beaten down but a good stock is still a good stock I think. Once the current period of inflation fears and de-leveraging pass, they’ll come back up again. Just going to be painful seeing red before then.

cronos · 19-04-2021 5:03pm

cc87 wrote: »

Still in, sold a small bit around the 30$ mark but kept majority.

I have a few other SPACs as well, AONE, NSH, SFTW, NGAC, FTOC, TSIA, mainly bought at or near the 10$ mark. Have tried to stick to post-DA spacs that have merged with companies with products on the market and a bit more of a traceable history that some of the more speculative ones. NGAC the exception here and TSIA to a lesser extent.

Picked up CCIV around 22$, and it continued dropping.

SPACs have been beaten down but a good stock is still a good stock I think. Once the current period of inflation fears and de-leveraging pass, they’ll come back up again. Just going to be painful seeing red before then.

I got back into CCIV at 22.20 also after previously selling at 29.50. More worried about skills and opendoor though. Freefalling.

voodoo · 19-04-2021 5:22pm

Still in a couple of SPACS - PSTH (BEP $25.50), PIPP with BEP if $13.90 (disaster for me so far) and IPOE at BEP of $19 - so not fairing out too well on them...

Jumped into Teldoc on the dip and averaged down on Lemonade - think both have a hell of an opp to grow

retalivity · 19-04-2021 6:39pm

Bloodbath.
I had a few low buy orders for Plug and QS that were surprisingly filled, big drops today

gudede · 19-04-2021 7:54pm

cc87 wrote: »

SPACs have been beaten down but a good stock is still a good stock I think. Once the current period of inflation fears and de-leveraging pass, they’ll come back up again. Just going to be painful seeing red before then.

It’s been red since February (for most ppl). When do people expect the market to cool down and green re-enters our thoughts.

My own view is after the summer. No doubt investments managers will take the summer off which means little activity overall. Don’t plan on buying anything until August. Sadly, I’m trying to stop myself buying more of PSFE, SKLZ or PRCH until then.

Treppen · 19-04-2021 8:01pm

DutchYurt wrote: »

Is everyone still in PSTH? Im wondering if they are ever going to announce - starting to lose faith in SPACs big time. https://investorplace.com/2021/04/psth-stock-finds-itself-under-pressure/ interesting article on it

Ya still growing a beard here. Hoping it's Bebo as at this stage it's bound to tank, so would like the novelty of being a retro hipster share owner.

Gamma1 · 19-04-2021 8:34pm

Shedite27 wrote: »

Jaysus, 2 people died after they mistook driver assistance with autonomous driving. They thought their Tesla had the autonomous system, this car didn't

https://www.rte.ie/news/world/2021/0419/1210680-tesla-texas/

Nothing new here - years ago somebody over there bought a new Winnebago camper and went for coffee in the back on the highway thinking it could drive itself - it crashed

jams100 · 19-04-2021 8:34pm

gudede wrote: »

It’s been red since February (for most ppl). When do people expect the market to cool down and green re-enters our thoughts.

My own view is after the summer. No doubt investments managers will take the summer off which means little activity overall. Don’t plan on buying anything until August. Sadly, I’m trying to stop myself buying more of PSFE, SKLZ or PRCH until then.

Bought More skillz today. Now = 1.8% of portfolio.
Next buy order set for $12.05

cc87 · 19-04-2021 8:44pm

gudede wrote: »

It’s been red since February (for most ppl). When do people expect the market to cool down and green re-enters our thoughts.

My own view is after the summer. No doubt investments managers will take the summer off which means little activity overall. Don’t plan on buying anything until August. Sadly, I’m trying to stop myself buying more of PSFE, SKLZ or PRCH until then.

April/May should be the worst of the inflation and de-leveraging I think. June/July numbers will hopefully show deflation occurring then which means August should be right for green to come back to our screens.

Unless some of my speculative plays come off, the lack of cash means I won’t be buying much for a while.

SmokyMo · 19-04-2021 9:42pm

Wonder if recent overleveraged hedge fund blow up caused others to re balance, de leverage their positions. I am sure they werent the only ones running that kinda of risk. Causing wide market bleed.

cc87 · 19-04-2021 10:25pm

SmokyMo wrote: »

Wonder if recent overleveraged hedge fund blow up caused others to re balance, de leverage their positions. I am sure they werent the only ones running that kinda of risk. Causing wide market bleed.

Pretty much, March margin numbers were the highest in a very long time.
https://www.finra.org/investors/learn-to-invest/advanced-investing/margin-statistics

gudede · 19-04-2021 10:41pm

cc87 wrote: »

Pretty much, March margin numbers were the highest in a very long time.
https://www.finra.org/investors/learn-to-invest/advanced-investing/margin-statistics

That’s were I’m thinking August. It’ll take several months for margin to get back to normal-ish levels.

Chuckie_Egg · 19-04-2021 11:29pm

Peloton in trouble, the US Consumer Product Safety Commission is all over them now due to the treadmill being dangerous.

VonLuck · 20-04-2021 8:18am

Chuckie_Egg wrote: »

Peloton in trouble, the US Consumer Product Safety Commission is all over them now due to the treadmill being dangerous.

I never understood how hyped up that company was. It gives all the indications of a fad.

treatyman · 20-04-2021 9:37am

Chuckie_Egg wrote: »

Peloton in trouble, the US Consumer Product Safety Commission is all over them now due to the treadmill being dangerous.

some hyped up company. Can't understand how it has gotten so big, bigger they are the harder they fall

Kilough · 20-04-2021 10:20am

With Peleton news, maybe good timing for FRX (Beachbody) to complete merger!

On FRX, listened to a podcast with CEO over the weekend - found it encouraging as it's been a rough ride for me with a BEP of $14. He's been in the company 20+ years, they seem a solid well established company. Sales are projected at $1BN+ for '21, that gives a PE ratio of 3. Think it should go well eventually, just a tough hold at the minute along with some of my other -30%+ stocks - CSIQ, KR1, FLNT, DDDD. Still like all of these and will hold apart from Fluent which I'll dump at first opportunity!

cc87 · 20-04-2021 10:56am

treatyman wrote: »

some hyped up company. Can't understand how it has gotten so big, bigger they are the harder they fall

I thought the same previously but although I don't have a position in them, I really like PTON now. Their acquisitions have been really intelligent and could set them up for years to come.

Huge potential for them to expand into gyms and corporate wellness settings now instead of home gym setups only. They have increased their manufacturing ability along with adding the potential for wearables/smart health systems.

If they keep dropping, I would be tempted to sell another position to buy into them.

Atlas_IRL · 20-04-2021 10:56am

Bought the following recently, was 100% cash for last 2 months.

AGC 13 - Grab
CCIV 21.80
FSR 12.87 - analysts still have 25/30 as buys so will flip this.
Fubo 21
Nio 37
Tesla 672
TDAC 13.50

Lots of spac's/high PE that will probably bleed more but just going to keep them all as they are still good buy-in points for when the market eventually recovers. Not putting any more money in as until that margin comes down its probably going to be very choppy for high PE stocks.

Atlantic Dawn · 20-04-2021 11:12am

Netflix results are out today after closing, could influence Fubotv price, will be interesting to see if there's still steady growth in streaming services.

Cpfm · 20-04-2021 12:05pm

cc87 wrote: »

I thought the same previously but although I don't have a position in them, I really like PTON now. Their acquisitions have been really intelligent and could set them up for years to come.

Huge potential for them to expand into gyms and corporate wellness settings now instead of home gym setups only. They have increased their manufacturing ability along with adding the potential for wearables/smart health systems.

If they keep dropping, I would be tempted to sell another position to buy into them.

I agree - I don't have any shares at the moment but I would like to. Their income will shift to recurring payments once hardware is purchased, so its a really solid business model. If they sold in Ireland - I'd be buying. Will definitely be trying to get in over next few months.

treatyman · 20-04-2021 12:24pm

Cpfm wrote: »

I agree - I don't have any shares at the moment but I would like to. Their income will shift to recurring payments once hardware is purchased, so its a really solid business model. If they sold in Ireland - I'd be buying. Will definitely be trying to get in over next few months.

Personally I'd have zero interest in buying their bike/threadmill, it looks like there isn't an option for non bike/threadmill classes. I have a road bike and can run anywhere. You can't beat getting outside if you ask me. Just go to youtube if you want an instructed workout at home, why bother paying for it? A fad if you ask me and an expensive one at that.

But I guess there are plenty of people who will be suckered in and think yes this is it I am going to finally get fit.

Cpfm · 20-04-2021 12:41pm

treatyman wrote: »

Personally I'd have zero interest in buying their bike/threadmill, it looks like there isn't an option for non bike/threadmill classes. I have a road bike and can run anywhere. You can't beat getting outside if you ask me. Just go to youtube if you want an instructed workout at home, why bother paying for it? A fad if you ask me and an expensive one at that.

But I guess there are plenty of people who will be suckered in and think yes this is it I am going to finally get fit.

I road bike and run too, but I also have kids - so it takes a back seat a lot. I find it hard to push myself on my own, thats why the group sessions appeal to me ...I'm compensating for lack of discipline :pac:
dunno if I'd call it a fad, the way we train and exercise is changing... I think its here to stay..

cc87 · 20-04-2021 12:53pm

treatyman wrote: »

Personally I'd have zero interest in buying their bike/threadmill, it looks like there isn't an option for non bike/threadmill classes. I have a road bike and can run anywhere. You can't beat getting outside if you ask me. Just go to youtube if you want an instructed workout at home, why bother paying for it? A fad if you ask me and an expensive one at that.

But I guess there are plenty of people who will be suckered in and think yes this is it I am going to finally get fit.

The same logic can be applied to any health and fitness product other people pay for that you do not. Doesn't mean the product is poor. And I say this as someone that would never pay for something like pelothon.

Bike/Run/Circuit/Strength/Yoga/Outdoor sessions on pelothon. And they are very different from a youtube video as they are offered live with the trainer interacting with users throughout.

It's not the product as is currently advertised that makes me think its worthwhile.

It's potential for multi-site gym or corporate wellness deals, the growing SaaS element along with what will probably be a more tiered approach to their business model that will convince people to spend more and more.

Shedite27 · 20-04-2021 1:05pm

I own Peloton shares and would probably buy a bike when they become available here. I used to do spinning classes a good bit. Far more beneficial than cycling for 45mns, but the trek there and back, getting changed etc, makes it a 90 minute minimum round trip. Getting the kids to bed and hopping on the bike for 45mns definitely sounds appealing.

Don't forget too, in America, spin classes are $35-$40 a pop, so buying a monthly membership that you can share with your significant other is far more cost efficient. I realise in Ireland where we have monthly memberships at Ben Dunne for €30 it's a different story.

It'll be interesting to see where Peloton lands when
1. It has the capacity to make more bikes in more countries and
2. We have the option to go back to the gym

20-04-2021 1:23pm

What is the appeal of Peleton over something like Zwift?

Kilboor · 20-04-2021 1:25pm

Don't forget you could end up seeing Peloton bikes in your Gym/Hotel eventually.

cc87 · 20-04-2021 1:39pm

Judith Great Balance wrote: »

What is the appeal of Peleton over something like Zwift?

Zwift caters to a more specific (and smaller) user base I think, more aimed at cycling enthusiasts or the more competitively minded cyclists.

Whereas Pelothon has a broader and larger potential user base which is anyone interested in general fitness since it caters to a wider range of exercise types. I think it has a more polished look to it myself as well.

al87987 · 20-04-2021 1:39pm

I hold Peloton shares, happy to see a few bears on the stock as that tells me it still has a lot of room to run.

Personally I wouldn't buy one but think it's a great stock, expensive hardware leading to subscription service, churn rate is ridiculously low, expanding into new markets with significant demand and great management in place. Classes coming up with the likes of Usain Bolt set it apart from the rest and am happy to hold for a while yet.

crushproof · 20-04-2021 2:41pm

The slow bleed continues today, 90% red at opening

freyners · 20-04-2021 2:42pm

I have a small position in Nano Dimensions. Wildest ride so far in my investing life. Have been up 30%, Down 30%, down 9% yesterday and now up 11% so far today

20-04-2021 3:13pm

cc87 wrote: »

Zwift caters to a more specific (and smaller) user base I think, more aimed at cycling enthusiasts or the more competitively minded cyclists.

Whereas Pelothon has a broader and larger potential user base which is anyone interested in general fitness since it caters to a wider range of exercise types. I think it has a more polished look to it myself as well.

Good point. I could see workplaces having them too.

bish76 · 20-04-2021 3:46pm

Most tech growth stocks nosediving today. .. ..are we in crash category yet

JeffKenna · 20-04-2021 3:47pm

freyners wrote: »

I have a small position in Nano Dimensions. Wildest ride so far in my investing life. Have been up 30%, Down 30%, down 9% yesterday and now up 11% so far today

Everything red in my portfolio bar that and some Copper ETFs.

ADZAM · 20-04-2021 4:00pm

MILE reaching new all time lows, lemonade they will launch car insurance by the end of the year.
Down 50% off peak in February.

bish76 · 20-04-2021 4:06pm

ADZAM wrote: »

MILE reaching new all time lows, lemonade they will launch car insurance by the end of the year.
Down 50% off peak in February.

I have both and SKLZ.... new lows for all of these

DutchYurt · 20-04-2021 4:07pm

This has literally just been two months of red, none stop. ****ing hell

cronos · 20-04-2021 4:15pm

DutchYurt wrote: »

This has literally just been two months of red, none stop. ****ing hell

Disaster. Started selling. Probably turn in the next few mins haha.

antimatterx · 20-04-2021 4:18pm

I need Cloudflare to ****ing drop some more so I can buy in

DutchYurt · 20-04-2021 4:18pm

cronos wrote: »

Disaster. Started selling. Probably turn in the next few mins haha.

My SPACs are a disaster, greens are a disaster and tech just doesn't seem to want to come back.

PIPP is currently 9.88 you'll actually make 12cents for every share you buy considering it's gone under 10. Madness.

cc87 · 20-04-2021 4:18pm

I started trimming some stocks that were still green overall to move some cash into crypto over the last few weeks........the red followed me to crypto

cronos · 20-04-2021 4:23pm

DutchYurt wrote: »

My SPACs are a disaster, greens are a disaster and tech just doesn't seem to want to come back.

PIPP is currently 9.88 you'll actually make 12cents for every share you buy considering it's gone under 10. Madness.

I definitely tried to catch a falling knife and failed. Sold skills and Opendoor at around a 25% to 30% loss. Not good for the health watching such drops each day.

DutchYurt · 20-04-2021 4:33pm

cronos wrote: »

I definitely tried to catch a falling knife and failed. Sold skills and Opendoor at around a 25% to 30% loss. Not good for the health watching such drops each day.

Yeah I'm very much back in the red, my 2020 and 2021 gains are gone. I thought I was buying the dip too but they kept dipping. Most of my stocks right now are between 25 to 45% down.. disaster

20-04-2021 4:41pm

Lots of chatter saying forget about any sustained green until the autumn.

jake frost · 20-04-2021 4:45pm

freyners wrote: »

I have a small position in Nano Dimensions. Wildest ride so far in my investing life. Have been up 30%, Down 30%, down 9% yesterday and now up 11% so far today

Me2 been on the NNDM wagon now for a while, also some dubious stuff going on in Tattooed Chef TTCF down around 11% yesterday and 4% so far today, there CFO resigned suddenly last week to. Dobt know whats going on but ill hold and see how it plays out.

Timmaay · 20-04-2021 4:47pm

freyners wrote: »

I have a small position in Nano Dimensions. Wildest ride so far in my investing life. Have been up 30%, Down 30%, down 9% yesterday and now up 11% so far today

Try being in them since 3$ last oct lol, +600% to their peak and a -70% drawdown to their lowest point since then, still postive with them but yeh some wild ride.

LC134 · 20-04-2021 4:48pm

cronos wrote: »

Disaster. Started selling. Probably turn in the next few mins haha.

Happened me in early March - basically gave away 7k. Each stock had bounced back a little.

Peloton is still a sore one to look at but it’s dropped quite a lot recently so I might re-enter if I can at previous discounted price.

My SPACs are actually mitigating the damage as they are already beaten up and in the 9s / low 10s.

Share Picks 2021 - Thread banned users post #1

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