Share Picks 2020

RIGOLO

CANNABIS stocks are on the up pre-market following on from last weeks moves.
Still pissed I spotted the potential last week and never pulled the trigger.
HEXO, WEED, ACB, CGC, CRON, APHA, TLRY
ACB and CGC reporting today, if they report good and give good guidance then the others will also pick up more green.
TLRY is very much for medicinal use.
Theres a short squeeze componet to some of the rise, all of them were off 52 wk highs but some are revisitng them.
Warning thought they all crashed for a reason htis year, the raw numbers werent as good as expected, openeing outlets, users and also hit by the black market trade

There medium term movement based on the legislation approved last week in 5 states, and there are long term plays if FEDERAL approval is put in place for medicinal use.

Im going to watch the early morning charts , with a view to swing trading a couple of these for the next few days .

fwiw I dont like their products but this is the 'pit' who gives a crap, I dont wear womens dresses but that doesnt stop me investing in RVLV

Looks like a green start for everyone, Lets go slay some dragons today .
Alot of traders who hedged pre-election are moving their money back into the market to catch the 'blue' wind .

Speaking of EVs, the Toyota CEO , Toyoda had a great writeup on TSLA, very well put together metaphor, Im not sure the market cares that much but he has a point.
https://www.cnbc.com/2020/11/06/toyota-president-tesla-valuation-doesnt-reflect-real-world-business.html

“I am hesitant to say this — Tesla’s business, if you want to use the analogy, is like that of a kitchen and a chef,” Toyoda said.“They have not created a real business in the real world yet. They are trying to trade recipes. The chef is saying ‘Our recipe is going to become the standard of the world in the future!’ At Toyota, we have a real kitchen and a real chef too, and are creating the dishes already. There are customers, who are very picky about what they like to eat, sitting in front of us, and eating our dishes already.”

Jim2007

RIGOLO wrote: »

Anyways back to trading, too much money to be made in this market,
Jim will be along to tell everyone they arent investors, meanwhile $6 trillion dollars will exchange hands today , people can make a choice to get into the game or they can join Jim on the sidelines and shout for no team whilst the game ebbs back and forth.

People don’t have to get into your game to make money and they don’t have to take the ridiculous risks you take nor rely on the talking heads for tips. If trading was such a sure way of making money then why don’t all the vendors of tools, training and news sheets just trade? Why don’t financial institutions just trade on their own account?

You can’t predict with any accuracy what will happen to a share price over 12 months, but you can find stock that are fairly predictable over the long term. So why deliberately stack the odds against yourself?

For most people investing is a serious business, it’s going to impact their financial well being for the long haul. And I’d hate for any of them to mistake this thread for something serious. I’m just flagging nonsense for their sake.

sirboby

Kilboor wrote: »

Still holding GameStop. Console releases this week

Hope you plan on selling this week, I see it jumping with the hype of console releases, but I personally would not want to be holding when the quarterly results come out.

I think with the non-disc versions of the consoles it could really kill there already diminishing foot-traffic and also with covid, GameStop is having to compete with Amazon.

There will be good sales pre-Christmas just purely because of how hard it will be to get a console for a while, but it can't be sustained.

Nemeses2050

Anyone following Rolls Royce...it's jumped nearly 25% in the last few mins...Don't see any breaking news to warrant that sort of jump....

Apparently +news on vaccine from pfizer...all markets in a hyper jump now

codrulz

Rolls Royce aviation arm/engine as a result of vaccine Headlines. RR has a long way further to go to be flat.

sirboby

Nemeses2050 wrote: »

Anyone following Rolls Royce...it's jumped nearly 25% in the last few mins...Don't see any breaking news to warrant that sort of jump....

recently it seems that rolls royce could go up or down 30% a few times a week

codrulz

Easyjet up 32% , Ryanair 16%.

Skippy along

RIGOLO wrote: »

I assume you are aware that if buy back the NIO that your cost basis for CGT calculations for these shares will not have changed. It will still be the original purchase price pre the sale and rebuy.

If you were to wait 30 days and risked that NIO didnt move significantly and then bought back in , your cost basis would reflect that price and would be used for next years cgt loss/gain caluclations.

I posted earlier about ways (with element of risk) to get around this bed and breakfasting shares at this time of the tax year.

Thanks Rigolo wasn't aware of that market gone crazy with vaccine news this morning so need to re think.. Thanks

sirboby

So is it time to start selling things?

Timmaay

Nemeses2050 wrote: »

Anyone following Rolls Royce...it's jumped nearly 25% in the last few mins...Don't see any breaking news to warrant that sort of jump....

Apparently +news on vaccine from pfizer...all markets in a hyper jump now

Airbus +18% also! I'm happily selling rest of my shares finally at a profit.

weemcd

My news feed has been pretty busy with talk of a vaccine. I'd imagine that will throw up a lot of greens today/this week.

https://www.bbc.com/news/health-54873105

BBC - Covid vaccine: First vaccine offers 90% protection

Shedite27

Vaccine announced.

Anyone owning Airlines, Hotels, Cruises - this will be a good day

codrulz

sirboby wrote: »

So is it time to start selling things?

I don't think so, and I won't to anyway!
feels like a pivotal headline.

jams100

Shedite27 wrote: »

Vaccine announced.

Anyone owning Airlines, Hotels, Cruises - this will be a good day

Your tech heavy portfolio might take a bit of a bashing? Certainly won't be realising the gains today

Wonder what this means for tech now, its at best a stable sector for the foreseeable, don't see it crashing either, the way we do things have changed for the long term

Nemeses2050

sirboby wrote: »

So is it time to start selling things?

if you're in Green by good percentage I would sell...I don't think this Euphoric rally will last long...and may be time to adjust your portfolio now...look at stocks which will benefit with the vaccine especially travel and tourism

roosterman71

I expect Zoom to fall somewhat today now at least for the short term while the vaccine hype exists. Then the realisation that its 12/18 months away from mass vaccinations should see it recover as it's service is still going to be needed for the medium term.

I reckon it's overvalued though now and may not represent good value. Would it be on to short?

TimeToShine

Hostelworld still looking very undervalued even with the 10% jump today. Cruiseliners gone through the roof as expected.

Shedite27

jams100 wrote: »

Your tech heavy portfolio might take a bit of a bashing? Certainly won't be realising the gains today

Wonder what this means for tech now, its at best a stable sector for the foreseeable, don't see it crashing either, the way we do things have changed for the long term

Think I deserved it after that post Friday

Tech will fall a bit for sure, if nothing else people will want to move money to the recovery stocks.

theballz

CORONAVIRUS VACCINE: ZOOM SHARE PRICE PLUNGES AFTER NEWS ON PFIZER JAB
https://www.independent.co.uk/life-style/gadgets-and-tech/coronavirus-vaccine-zoom-share-price-b1719628.html

Tech stocks going to be hit hard today.

AmberGold

Can help wondering if Pfizer stalled on releasing this news so Trump wouldn't get a boost pre election...

sirboby

Nemeses2050 wrote: »

if you're in Green by good percentage I would sell...I don't think this Euphoric rally will last long...and may be time to adjust your portfolio now...look at stocks which will benefit with the vaccine especially travel and tourism

Sold some strong winners, Very happy about that as they all seem to have dropped at least partly since I sold.

I bought more 4D Pharma on the 10% drop, I don't think its value came from covid, it's in the green since my purchase and seems to be recovering back to ~125

4D also have many results coming out in the next 2ish weeks so that could cause another bump for me to sell the excess i picked up today.

Mickiemcfist

roosterman71 wrote: »

I expect Zoom to fall somewhat today now at least for the short term while the vaccine hype exists. Then the realisation that its 12/18 months away from mass vaccinations should see it recover as it's service is still going to be needed for the medium term.

I reckon it's overvalued though now and may not represent good value. Would it be on to short?

I was thinking this this morning, very tempted to pull the trigger.

ADZAM

ADZAM wrote: »

Eventbrite [EB] - a risky-ish, post covid-19 recovery play
They are an event ticketing service - Physical events (remember them?) and virtual events
Eventbrite is one of the most used (loved?) ticketing platforms and integrates with many common systems.
Cut half their staff in April so should be a leaner machine
It was $22 in February 2020 precovid19 - earning call tomorrow - I bought in today @$9.46 (Market Cap $860 million)

I'm assuming the next week or so is gonna be pretty volatile but I couldn't resist buying today.

Updates:
Lemonade - held through some bad days in the $40 range - now in the green
Asana - added more in the $21 range in the last week or so
Slack - I sold Slack at $28.50 - someone here said to water flowers and cut the weeds so that's what I did - may re-enter in the lower $20's.
J&J - holding position - nice dividend coming up and expecting more good vaccine news

Eventbrite (+26.38%) - I knew there would be a post covid-19 world

LawBoy2018

Pfizer a good buy do ye think?

codrulz

LawBoy2018 wrote: »

Pfizer a good buy do ye think?

Well, will gap up >15% at open.. prob still some room to run from there but IMO you'd be better off getting into travel stocks, airlines, aercap, Rolls Royce if you want to take a post-covid stance

Mickiemcfist

Macerich may also be a good retail property play, up nearly 20% pre open, but at that its still around a quarter of its pre covid value.

jams100

Just realised that the total profit or loss figure on degiro seems to be wrong.

When I add up my deposits - withdrawals and take that away from the balance shown on my degiro account I appear to have nearly twice the profit than the Total +/- suggests

Is this the same for other people?

Liamo_mu

I have a decent bit in cruise lines. The question is do I sell today expecting a dip and then buy it back. Or do o just hang on for even longer.

Timmaay

I don't mean to get policial here, but poor Trump, only by afew days did he miss being in the limelight for the great covid solution, and also missed out on the Dow finally hitting all time highs and over 30k post the Corona crash lol.

codrulz

codrulz wrote: »

Well, will gap up >15% at open.. prob still some room to run from there but IMO you'd be better off getting into travel stocks, airlines, aercap, Rolls Royce if you want to take a post-covid stance

The obvious ones have all gone up ........... RR up 45% by 1pm.
The market has reacted.

Skippy along

Timmaay wrote:

I don't mean to get policial here, but poor Trump, only by afew days did he miss being in the limelight for the great covid solution, and also missed out on the Dow finally hitting all time highs and over 30k post the Corona crash lol.

Oh would have loved to have seen his orange face turn red

littlevillage

littlevillage wrote: »

Anyone watching £ABF (Associated British foods). If/when the virus is sorted. Primark will clean up

SP is hobbled now obviously... but could be nice chance to jump in ?

£ABF up 19% today

dinneenp

Covid-19 vaccine candidate is 90% effective, says manufacturer

Pfizer pre market price about $41.99, currently $36.40. Value in buying them when the market opens?

Timing belt

Liamo_mu wrote: »

I have a decent bit in cruise lines. The question is do I sell today expecting a dip and then buy it back. Or do o just hang on for even longer.

I would crystallise it and buy back you will loose out a bit on tax but it’s money in the bag especially with the second strain of covid from mink farms on the horizon which the vaccine will probably not work on.

peterofthebr

Timing belt wrote: »

I would crystallise it and buy back you will loose out a bit on tax but it’s money in the bag especially with the second strain of covid from mink farms on the horizon which the vaccine will probably not work on.

agree, covid from mink farms ..their still finding how far this has spread. Now that Trumps gone i didn't think we would be hearing much about covid anymore
..DOW futures surge by 1300 points!!!

Bob Harris

dinneenp wrote: »

Covid-19 vaccine candidate is 90% effective, says manufacturer

Pfizer pre market price about $41.99, currently $36.40. Value in buying them when the market opens?

They're going to open at more or less wherever the pre-market price is at the bell. You wont getting them at 36.40$ anyway.

My rule is never buy at the bell, let the dust settle a bit, seen too many spikes on opening only to watch them drop like stones when the initial euphoria dies down.
You'll probably find that stocks who benefit from the vaccine will do a lot better than the company making it. The like of cruises, hotels, airlines.
The vaccine is part of Pfizers business but being able to fly or not is everything to an airline.

codrulz

Augeo wrote: »

The obvious ones have all gone up ........... RR up 45% by 1pm.
The market has reacted.

and still down ~60% YTD...

codrulz

codrulz wrote: »

and still down ~60% YTD...

Your point?
There's still value there as it's 60% off previous highs?

bfa1509

It's hard to know how to read this. Any swift moves are more likely to get punished now than rewarded.

Shedite27

Timmaay wrote: »

I don't mean to get policial here, but poor Trump, only by afew days did he miss being in the limelight for the great covid solution, and also missed out on the Dow finally hitting all time highs and over 30k post the Corona crash lol.

Trump, Covid and Kerry defeated in a week - 2020 is looking up

Skippy along

DEGIRO Down due to tec difficulties

Shedite27

Bob Harris wrote: »

My rule is never buy at the bell, let the dust settle a bit, seen too many spikes on opening only to watch them drop like stones when the initial euphoria dies down.

Have the same rule. Buying in the first hour has never worked out well for me

riddles

Skippy along wrote: »

DEGIRO Down due to tec difficulties

not good

helimachoptor

riddles wrote: »

not good

drive wealth was having issues well but is back up now

Nemeses2050

Anyone planning on buying don't jump in yet, let these euphoric reaction settle down...

I'm up nearly 40% on RR, thinking of selling them....my other travel/Oil names have a bit to go...will hold them.

Shedite27

Bit of perspective on some of the huge gains.
American Airlines - was $30 in Feb, rallied 15% from $11 to $13 today.
Carnival Cruises - was $50 in Feb, rallied 30% from $13 to $18 today
Hyatt Hotels - was $88 in Feb, rallied 20% from $56 to $67 today.

No need to rush into these, they'll be growing back to their market cap as the vaccine gets rolled out and we get back to life

Shedite27

Shedite27 wrote: »

............

No need to rush into these, they'll be growing back to their market cap as the vaccine gets rolled out and we get back to life

Indeed, some of them might well never recover fully also.

DutchYurt

Hey Folks, I'm back took a much needed break to celebrate a few things in life and today was my first day checking my degiro.

What a day!

Been holding Norwegian Cruise since March an IAG since the the rights issue so it's great to see, made a dent in my fastly mess.

Thinking of nipping more into 4D as its trailing around the 1.08 spot
Edesa seems to be in a holding pattern but I checked there was huge insider trades last week surely a sign of good things to come!
DS Smith seems to have made a nice recovery in the last two weeks also.

Best of luck to all this week, hope you're staying positive and testing negative

rugbyman

Skippy along wrote: »

DEGIRO Down due to tec difficulties

Fortunately for me it was still working while I sold all 9000 shares in BIRG,having bought them on fridays fall.
2 k euro profit, doubt I will ever do as well again
Whew

Take Your Pants Off

A bit of a stupid question, but if you don’t subscribe to a rights issue, and your rights get sold, do you get the money?

For instance I was entitled to RR rights, but I didn’t opt for it. It had allowed me to buy 130 stocks for a total of 47€. Do I get the 47€ if I reject it?