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Share Picks 2020

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Comments

  • #4852
    DutchYurt
    Registered Users Posts: 330 ✭✭DutchYurt


    One More Toy wrote: »
    All red here too, years of gains being wiped out :(

    I'm down 20% overall, exactly were I was 2 years ago.. its a hard slog


  • #4853
    Kilboor
    Registered Users Posts: 1,224 ✭✭✭Kilboor


    bfa1509 wrote: »
    I made a CGT loss this year (so far) do I still need to declare that this year in order to be able to use it in following years? I thought only gains had to be paid this year and filed properly next year.

    This will actually be my first year declaring so I'd like to know myself.


  • #4854
    DilD
    Closed Accounts Posts: 170 ✭✭DilD


    bfa1509 wrote: »
    Plan is to hold for 2+ years so long as everything going well. Wasn't too concerned initially but seeing it drop 2-3% for every 100,000 jobs announced or new distribution facility opened had me very concerned that it was in a bubble all along. Did a quick out and back in last week to lower my BEP to 3180 which seems a bit safer. Seems to be getting a nice boost today so maybe I missed my chance to double down. I'll hold and see what happens. Hoping a split around the corner too.

    Holding for 2 years might work out for you or it might not. The thing with buy and hold positions is you just never know where the company is going to be in the future. Of course Amazon is a household name and a monster of a company, that doesn't mean it is any safer to hold, many household names have gone bust before and take many many years to recoup losses if at all. I'm not saying to avoid Amazon, I just think you need to have an exit strategy for the possibility of failure. IMO averaging down on a stock to get a 'better' price is not a great way to go investing (it may make more sense if you hold for 20+ years, maybe...)

    In Amazons situation, it topped out in Sept 2018. If you bought here then you didn't see a sustainable profit until April this year. That's a long time for your money to be sitting idle when it could have been working in a company that was proving it's worth. All stocks go through periods of sideways action, sometimes for weeks sometimes for years. I just cant see the benefit of buying a falling stock when there are more attractive companies proving they are holding up better Amazon right now. Albeit I am looking at a shorter holding period so that's where my head is at.

    Best of luck to you whatever you decide to do!


  • #4855
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    4D Pharma ........

    EihcZqLWAAE50PQ?format=jpg&name=large


  • #4856
    Pelezico
    Registered Users Posts: 681 ✭✭✭Pelezico


    Augeo wrote: »
    4D Pharma ........

    EihcZqLWAAE50PQ?format=jpg&name=large

    This baby could fly.


  • #4857
    Taylor365
    Registered Users Posts: 2,994 ✭✭✭Taylor365


    CG harvesters or payers, i point you to this post:

    https://www.boards.ie/vbulletin/showpost.php?p=114105410&postcount=413

    Pay through myAccount >> Payments/Repayment section >> Make a Payment >> Tax >> Capital Gains Tax >> Select year and amount.

    Here is how to Calculate:

    https://www.revenue.ie/en/gains-gifts-and-inheritance/transfering-an-asset/how-to-calculate-cgt.aspx

    Don't forget costs and fees.


  • #4858
    Mantis Toboggan
    Registered Users, Registered Users 2 Posts: 18,099 ✭✭✭✭Mantis Toboggan


    Any opinions on Hostel world?

    I've been looking at these for a while looking for a price point to enter. Down 12% in the last week not entirely sure why apart from the covid situation. Obviously getting decimated at the moment but would be thinking semi long term.

    Free Palestine 🇵🇸



  • #4859
    DilD
    Closed Accounts Posts: 170 ✭✭DilD


    Mantis Toboggan wrote: »
    Any opinions on Hostel world?

    I've been looking at these for a while looking for a price point to enter. Down 12% in the last week not entirely sure why apart from the covid situation. Obviously getting decimated at the moment but would be thinking semi long term.

    From a technical point of view it's getting slaughtered and has been for a long long time, it's made an attempt to come off the March lows, couldn't even get back up to 50% from the highs in January after an almost 80% thrashing, 80%!!! It's been falling since March 2018 with a few failed attempts at starting a new uptrend. I would avoid like the plague, but like I said it's from a technical viewpoint, know nothing about their fundamentals but the fact it's been falling for well over two years tells me all I need to know...


  • #4860
    jams100
    Registered Users Posts: 806 ✭✭✭jams100


    jams100 wrote: »
    Bought another Amazon share today, they are going to once again have phenomenal sales in Q3 and more so in Q4!

    Up 6% in a day.
    I still think its worth joining the ride. They are very opportunistic, if they see something they go after it and when they go after something they generally get it.
    Peloton fans beware amazon are now selling a $499 knock off peloton bike. If you want a peloton bike right now you have a 7 week wait and thats in America I can only imagine how long it is in other regions.
    Bottom line is Amazon is a money machine and by the time q3 results are released they'll be back to cirrca 3,500 imo

    https://www.google.com/amp/s/amp.cnn.com/cnn/2020/09/22/tech/amazon-prime-bike-peloton/index.html


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  • #4861
    Shedite27
    Registered Users, Registered Users 2 Posts: 9,427 ✭✭✭Shedite27


    jams100 wrote: »
    Peloton fans beware amazon are now selling a $499 knock off peloton bike. If you want a peloton bike right now you have a 7 week wait and thats in America I can only imagine how long it is in other regions.
    Bottom line is Amazon is a money machine and by the time q3 results are released they'll be back to cirrca 3,500 imo

    https://www.google.com/amp/s/amp.cnn.com/cnn/2020/09/22/tech/amazon-prime-bike-peloton/index.html

    They were selling another company's exercise bike through Amazon, very different to being a Peloton competitor. And looks like they've pulled it already


  • #4862
    Rothmans
    Registered Users, Registered Users 2 Posts: 1,805 ✭✭✭Rothmans


    Took the plunge on 4D this morning at 160p. Fingers crossed all goes well .


  • #4863
    dinneenp
    Registered Users, Registered Users 2 Posts: 8,153 ✭✭✭dinneenp


    jams100 wrote: »
    Up 6% in a day.
    I still think its worth joining the ride. They are very opportunistic, if they see something they go after it and when they go after something they generally get it.
    Peloton fans beware amazon are now selling a $499 knock off peloton bike. If you want a peloton bike right now you have a 7 week wait and thats in America I can only imagine how long it is in other regions.
    Bottom line is Amazon is a money machine and by the time q3 results are released they'll be back to cirrca 3,500 imo

    https://www.google.com/amp/s/amp.cnn.com/cnn/2020/09/22/tech/amazon-prime-bike-peloton/index.html

    With Covid and Christmas coming up I can see them getting huge amount of business (even more than their normal Christmas period).


  • #4864
    testtech05
    Registered Users Posts: 2,139 ✭✭✭testtech05


    Rothmans wrote: »
    Took the plunge on 4D this morning at 160p. Fingers crossed all goes well .

    Waiting for a transfer to land in DeGiro so I can do the same!


  • #4865
    RedRochey
    Registered Users Posts: 1,298 ✭✭✭RedRochey


    Opinions on Fastly, has been going sideways since July pretty much


  • #4866
    Shedite27
    Registered Users, Registered Users 2 Posts: 9,427 ✭✭✭Shedite27


    RedRochey wrote: »
    Opinions on Fastly, has been going sideways since July pretty much
    Been a good one to buy the dips. Since July it's gone $78 - $102 - $78 - $116 - $78 - $95 - $78 - $95.

    You can see where it's got very solid support, will break out north eventually (probably once the moving averages catch up)


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  • #4867
    ctlsleh
    Registered Users Posts: 784 ✭✭✭ctlsleh


    dinneenp wrote: »
    With Covid and Christmas coming up I can see them getting huge amount of business (even more than their normal Christmas period).

    they are delivering in a week over here, i ordered mine at the start of Covid and had it within 7 days, great piece of kit, think they will continue to evolve and grow, rumour has it they are developing a rower as well


  • #4868
    Aidan Harney
    Registered Users, Registered Users 2 Posts: 146 ✭✭Aidan Harney


    testtech05 wrote: »
    Waiting for a transfer to land in DeGiro so I can do the same!

    Check you're using the correct degiro banking details. I was waiting a week not long ago, saw the money returned to my bank, noticed degiro changed their banking details, lodged to the new details and money was in the next day.

    Ignore if you knew all that jazz already though....


  • #4869
    testtech05
    Registered Users Posts: 2,139 ✭✭✭testtech05


    Aidan Harney wrote: »
    Check you're using the correct degiro banking details. I was waiting a week not long ago, saw the money returned to my bank, noticed degiro changed their banking details, lodged to the new details and money was in the next day.

    Ignore if you knew all that jazz already though....

    I got lucky hadn't transferred in a while so double checked the details and saw they were different from the account I had saved!

    Hopefully doesn't take too much longer to go through. Transferred from BOI yesterday.

    Thanks for the tip though


  • #4870
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    testtech05 wrote: »
    I got lucky hadn't transferred in a while so double checked the details and saw they were different from the account I had saved!

    Hopefully doesn't take too much longer to go through. Transferred from BOI yesterday.

    Thanks for the tip though

    Should have between 2-3 pm.


  • #4871
    RIGOLO
    Site Banned Posts: 1,463 ✭✭✭RIGOLO


    Been playing with these the last few months and taking another stake in all of them .
    Tax returns sorted , lets invest for the next 2 - 5 years

    WKHS ($24.20) - they will get a chunk of the USPS order to replace their delivery fleet, plus they have some patents on the use of drones from a truck

    KODK ($9) - they will get that loan eventually

    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.

    NVAX ($105) what can I say this stock has been so good to me . Similar to INO, they have a very safe COVID vaccine, lots of deals signed , peaked at $180 a few months back, I expect them to return to it in hte coming weeks.

    APT ($14.31) N95 mask play highly shorted, a company with the sort of balance sheet Wall St hates, no debt, PE sub 6 , great margin , triple digits yoy growth. At somepoint someone has to take notice.

    MCPHY (22 euro)- Hydorgen electrolysers , French company, met some of their scientists recently I think they are on the cusp of some breakthrus...

    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.

    do your own due diligence, dont take advice verbatim from randomers on forums


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  • #4872
    One More Toy
    Registered Users Posts: 3,813 ✭✭✭One More Toy


    RIGOLO wrote: »
    Been playing with these the last few months and taking another stake in all of them .
    Tax returns sorted , lets invest for the next 2 - 5 years

    WKHS ($24.20) - they will get a chunk of the USPS order to replace their delivery fleet, plus they have some patents on the use of drones from a truck

    KODK ($9) - they will get that loan eventually

    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.

    NVAX ($105) what can I say this stock has been so good to me . Similar to INO, they have a very safe COVID vaccine, lots of deals signed , peaked at $180 a few months back, I expect them to return to it in hte coming weeks.

    APT ($14.31) N95 mask play highly shorted, a company with the sort of balance sheet Wall St hates, no debt, PE sub 6 , great margin , triple digits yoy growth. At somepoint someone has to take notice.

    MCPHY (22 euro)- Hydorgen electrolysers , French company, met some of their scientists recently I think they are on the cusp of some breakthrus...

    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.

    do your own due diligence, dont take advice verbatim from randomers on forums

    Good stuff though a bit long, didn't read the last part. Going balls deep. Thanks!


  • #4873
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Re Kodak, below $9 already. I sold at 12.24. Was going to buy back in, but less sure now. Dont want to grasp a falling knife. I think we'll see 6s. Lawsuits against the company by shareholders.


  • #4874
    MikeSoys
    Registered Users Posts: 454 ✭✭MikeSoys


    there is going to be many ups and downs until election... a chance to trade on a few stocks you know and make a few quid while collecting a dividend..


  • #4875
    voluntary
    Registered Users Posts: 871 ✭✭✭voluntary


    Shedite27 wrote: »
    Eh, no

    I don't know.
    I watched an interview with one Ryanair's stewardess and she was saying the planes which are still going on her route sometimes only carry 7-8 passengers.

    It's apparently a mess up there.
    Also the recent super extra deals, looks like they're desperate at this stage toake some sales.


  • #4876
    voluntary
    Registered Users Posts: 871 ✭✭✭voluntary


    Btw, t's time to move away from US stocks to Europe.


  • #4877
    voluntary
    Registered Users Posts: 871 ✭✭✭voluntary


    Re Kodak - it's been struggling since a digital camera has been invented lol. Stay away.


  • #4878
    [Deleted User]
    Posts: 2,827 ✭ [Deleted User]


    Regarding Ryanair...No, they are trying to starve their competitors of any cash from passengers over the next quarter.


  • #4879
    voluntary
    Registered Users Posts: 871 ✭✭✭voluntary


    Also, we're nearing a point where one should consider moving away from pumped pandemic stocks towards value stocks and slowly start betting on recovery this flu season.


  • #4880
    ExMachina1000
    Closed Accounts Posts: 3,748 ✭✭✭ExMachina1000


    [Deleted User] wrote: »
    Regarding Ryanair...No, they are trying to starve their competitors of any cash from passengers over the next quarter.

    Ryanair have a huge cash pile. Olearys biggest gripe is the competition receiving state aid every few years.


  • #4881
    voluntary
    Registered Users Posts: 871 ✭✭✭voluntary


    ExMachina1000 wrote: »
    Ryanair have a huge cash pile. Olearys biggest gripe is the competition receiving state aid every few years.

    How fast are they burning it though? You won't know until everyone knows.


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  • #4882
    OwlsZat
    Registered Users Posts: 1,511 ✭✭✭OwlsZat


    voluntary wrote: »
    Also, we're nearing a point where one should consider moving away from pumped pandemic stocks towards value stocks and slowly start betting on recovery this flu season.

    What kind of recovery are you expecting and when?


  • #4883
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    voluntary wrote: »
    Re Kodak - it's been struggling since a digital camera has been invented lol. Stay away.


    Since THEY invented if I recall. :o


  • #4884
    littlevillage
    Registered Users, Registered Users 2 Posts: 3,174 ✭✭✭littlevillage


    voluntary wrote: »
    Also, we're nearing a point where one should consider moving away from pumped pandemic stocks towards value stocks and slowly start betting on recovery this flu season.

    I think the next few months are going to be very volatile. Tech seems to have topped out but its far from certain if value stocks are going to be the big beneficiary's. I think a period of sitting on the sidelines and snatching bargains when the arise is the policy to employ. That's what I am doing anyway.


  • #4885
    Shedite27
    Registered Users, Registered Users 2 Posts: 9,427 ✭✭✭Shedite27


    voluntary wrote: »
    Also, we're nearing a point where one should consider moving away from pumped pandemic stocks towards value stocks and slowly start betting on recovery this flu season.

    I'm guessing you're talking about Zoom, TeleDoc, Docusign, Peloton etc as "Pandemic stocks". Do you really think that as soon as we have a vaccine they stop being used? I can only see more companies going towards digital signatures, more people enjoying having the Doc in their phone rather than trekking to a surgery when they're sick, more people getting used to the home workout idea. They're "2025 stocks" in my head, not just while we're in lockdown.

    And then the Fastly, Twilio, Datadog, Snowflake aren't Pandemic stocks, yes they've run up a lot so are ripe for a correction/pullback, but they're not going away when the Pandemic is over.


  • #4886
    Shedite27
    Registered Users, Registered Users 2 Posts: 9,427 ✭✭✭Shedite27


    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


  • #4887
    Mickiemcfist
    Registered Users, Registered Users 2 Posts: 1,585 ✭✭✭Mickiemcfist


    Shedite27 wrote: »
    I'm guessing you're talking about Zoom, TeleDoc, Docusign, Peloton etc as "Pandemic stocks". Do you really think that as soon as we have a vaccine they stop being used? I can only see more companies going towards digital signatures, more people enjoying having the Doc in their phone rather than trekking to a surgery when they're sick, more people getting used to the home workout idea. They're "2025 stocks" in my head, not just while we're in lockdown.

    And then the Fastly, Twilio, Datadog, Snowflake aren't Pandemic stocks, yes they've run up a lot so are ripe for a correction/pullback, but they're not going away when the Pandemic is over.

    Fair point if company valuations were tied into just fundamentals, however at the moment everyone wants some of their portfolio in pandemic stocks, they're in the press more, they're riding the crest of a wave, but once/if we get to relative normality, the companies should continue to trade well & benefit from Covid, but the short term money will move to other stocks. (IMO)


  • #4888
    mollser
    Registered Users, Registered Users 2 Posts: 1,134 ✭✭✭mollser


    Peleton I've been keeping an eye on since Feb, as it's a model I'm close to but just don't understand the financials. At $28 I thought it was rediculously overvalued. Now at $96, market cap $27bn.

    That is absolutely nuts, but what would I know, for a company with one product and also a very easily replicated model with tonnes of competition.


  • #4889
    Kilboor
    Registered Users Posts: 1,224 ✭✭✭Kilboor


    I don't understand Peloton as a company. So they sell a proprietary stationary bike and then a subscription service to cycle exercises and races is it ?

    Is that their entire gig?


  • #4890
    DilD
    Closed Accounts Posts: 170 ✭✭DilD


    FYI Biotech stocks are amongst the riskiest investments, not to mention the added risk surrounding covid vaccines, one sniff of bad news and these things come down 80%, 90% and more in a number of days.

    Regarding 'covid plays', just because people will continue to use these products/services after a vaccine comes around doesn't mean we will continue to see their stock rise. The market is forward looking, these stocks rallied early due to the anticipation of their roles during lockdowns. The market looks to ahead to see what 'may' happen, not what is happening. Hence why a lot of times a stock does the opposite of what we expect it to do and the reason why only becomes apparent after the stock takes a beating. Just a little FYI to respect risk and keep your funds safe!


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  • #4891
    RIGOLO
    Site Banned Posts: 1,463 ✭✭✭RIGOLO


    DilD wrote: »
    FYI Biotech stocks are amongst the riskiest investments, not to mention the added risk surrounding covid vaccines, one sniff of bad news and these things come down 80%, 90% and more in a number of days.

    Regarding 'covid plays', just because people will continue to use these products/services after a vaccine comes around doesn't mean we will continue to see their stock rise. The market is forward looking, these stocks rallied early due to the anticipation of their roles during lockdowns. The market looks to ahead to see what 'may' happen, not what is happening. Hence why a lot of times a stock does the opposite of what we expect it to do and the reason why only becomes apparent after the stock takes a beating. Just a little FYI to respect risk and keep your funds safe!

    Good point. I will allow it :)
    but remember most vaccines are into late Pahse 2 early Phase 3 , test results are dropping each month, so to some degree we are moving out of the 'forward looking' phase and into the 'what is happening' .
    Some bio stocks are being held down by shorts cos they made the wrong bet when they were all at the starting gate.

    Personally on my BIO COVID plays, Im also basing some of my choice on the underlying platform and the pipeline outside of Covid .

    Yes Bio is not for faint hearted , if I have a 33:33:33 win:breakeven:loss ration on bio picks Id be content as the wins tend to be multiples .

    PATIENCE .. PATIENCE is the key to the door.


  • #4892
    DilD
    Closed Accounts Posts: 170 ✭✭DilD


    RIGOLO wrote: »
    Good point. I will allow it :)
    but remember most vaccines are into late Pahse 2 early Phase 3 , test results are dropping each month, so to some degree we are moving out of the 'forward looking' phase and into the 'what is happening' .
    Some bio stocks are being held down by shorts cos they made the wrong bet when they were all at the starting gate.

    Personally on my BIO COVID plays, Im also basing some of my choice on the underlying platform and the pipeline outside of Covid .

    Yes Bio is not for faint hearted , if I have a 33:33:33 win:breakeven:loss ration on bio picks Id be content as the wins tend to be multiples .

    PATIENCE .. PATIENCE is the key to the door.

    Biotech definitely not for the faint of heart. Just don't put too large a portion of your account in any one biotech :eek:

    Don't get me wrong, I've traded a few Bio's over the last few months but have always been short term trades, would never hold a Biotech longterm. MRNA for example, took it for 120% gain in less than 5 weeks before it came down almost 50%. Risk first!


  • #4893
    Shedite27
    Registered Users, Registered Users 2 Posts: 9,427 ✭✭✭Shedite27


    mollser wrote: »
    Peleton I've been keeping an eye on since Feb, as it's a model I'm close to but just don't understand the financials. At $28 I thought it was rediculously overvalued. Now at $96, market cap $27bn.

    That is absolutely nuts, but what would I know, for a company with one product and also a very easily replicated model with tonnes of competition.
    Kilboor wrote: »
    I don't understand Peloton as a company. So they sell a proprietary stationary bike and then a subscription service to cycle exercises and races is it ?

    Is that their entire gig?
    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.


  • #4894
    GoldFour4
    Moderators, Sports Moderators Posts: 5,014 Mod ✭✭✭✭GoldFour4


    I'm not holding Peloton but I do see its attractiveness. There's potential there for a social side to the existing offering too and I'm not sure there is potential for the data from all those workouts also to develop other offerings in terms of wellness.


  • #4895
    Nemeses2050
    Registered Users Posts: 1,569 ✭✭✭Nemeses2050


    It seems people are cashing out their SPAC holdings


  • #4896
    tobottherobot
    Registered Users, Registered Users 2 Posts: 89 ✭✭tobottherobot


    voluntary wrote: »
    Btw, t's time to move away from US stocks to Europe.

    Agree... I sold nearly all of my US shares early this week. I might wait a few months and see how things pan out with Covid before picking more up in Europe.. .


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  • #4897
    voluntary
    Registered Users Posts: 871 ✭✭✭voluntary


    Yeah, I think it's time to hold emotions for a while. My bet is that the worse if ahead of us and deaths will be on a raise with a mixed Flu-Covid season. November, maybe December could prove a bloadshed.

    Keep some cash at hand to be ready when the blood is running in the streets.


  • #4898
    RIGOLO
    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.

    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.


  • #4899
    breadmonster
    Registered Users Posts: 220 ✭✭breadmonster


    tobottherobot wrote: »
    Agree... I sold nearly all of my US shares early this week. I might wait a few months and see how things pan out with Covid before picking more up in Europe.. .

    cool i went for that hellofresh one that was suggested its doing well so far.
    Might have a go at MCPHY next. i've no idea what i'm doing to be honest just learning as i go with a small account. Where do you find information on eu stocks. For US stocks theres nearly too much information floating around from tv channels, stock pickers, daily reports nothing even close to it for europe.


  • #4900
    ExMachina1000
    Closed Accounts Posts: 3,748 ✭✭✭ExMachina1000


    voluntary wrote: »
    How fast are they burning it though? You won't know until everyone knows.

    Its about 4 billion euro with unused credit lines of 3 billion euro
    O'Leary was on the radio today saying they are at 70 % capacity and flew 5 million passengers in August. 3 million expected in Sept


  • #4901
    Mickiemcfist
    Registered Users, Registered Users 2 Posts: 1,585 ✭✭✭Mickiemcfist


    ExMachina1000 wrote: »
    Its about 4 billion euro with unused credit lines of 3 billion euro
    O'Leary was on the radio today saying they are at 70 % capacity and flew 5 million passengers in August. 3 million expected in Sept

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


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