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Share Picks 2020
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Thats a tough one, I feel for you, you really did spot it early and made a great call to invest.Nemeses2050 wrote: »CRSR and PLTR - on a good run...thought after the earnings both would drop...what do I know.
got out of CRSR at 29...now it's feckin 35
Just seems to be the way markets are manipulated these days, good companies run up into earnings, then report good numbers, Wall St knocks it back to scare the weak hands and then they hover up cheap shares and rerate it and let it run to its true potential. Been on the recieving side of that too often, its been goign on for years, now if only Jim Cramer had done a video in 2006 talking about how hedge funds make that happen..:rolleyes:..
I think CRSR is still worth investing in.
We are facing into Q4 , Black Friday deals, presents gifts and tech is all that the younger generation want. Everyones a blogger these days and needs lots of peripherals . I think it and PLTR will run more, just waiting on some dips to add to the holding. So 2021 theres no reason to believe CRSR wont report even better numbers.
Also I went back to my roots with some old school statistical modeling , even asked the wife to help my run some CRSR numbers thru a predictive analysis Matlab program I wrote, and got Google AI involved via my Rasperry PI to crunch some numbers .
Whilst that was running on a small bitcoin mining farm in the garage and all the lights were flickering on and off with the power surge, I asked myself is there an easier way.. so I went on Amazon and tried to buy some Corsair kit and alot of it is not in stock cos of demand with delays on shipping.
You see it doesnt think a PhD to work this sheeeettt out, sometimes all you need is to look in the right places, any idiot can do that.0 -
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Thats a tough one, I feel for you, you really did spot it early and made a great call to invest.
Just seems to be the way markets are manipulated these days, good companies run up into earnings, then report good numbers, Wall St knocks it back to scare the weak hands and then they hover up cheap shares and rerate it and let it run to its true potential. Been on the recieving side of that too often, its been goign on for years, now if only Jim Cramer had done a video in 2006 talking about how hedge funds make that happen..:rolleyes:..
I think CRSR is still worth investing in.
We are facing into Q4 , Black Friday deals, presents gifts and tech is all that the younger generation want. Everyones a blogger these days and needs lots of peripherals . I think it and PLTR will run more, just waiting on some dips to add to the holding. So 2021 theres no reason to believe CRSR wont report even better numbers.
Also I went back to my roots with some old school statistical modeling , even asked the wife to help my run some CRSR numbers thru a predictive analysis Matlab program I wrote, and got Google AI involved via my Rasperry PI to crunch some numbers .
Whilst that was running on a small bitcoin mining farm in the garage and all the lights were flickering on and off with the power surge, I asked myself is there an easier way.. so I went on Amazon and tried to buy some Corsair kit and alot of it is not in stock cos of demand with delays on shipping.
You see it doesnt think a PhD to work this sheeeettt out, sometimes all you need is to look in the right places, any idiot can do that.
I agree with holiday season, it definitely has legs to run...will nibble some if it dips....Great call on PLTR...
Folks interested in UK market should look at Capita - CPI...it's a diversified group but mainly outsourcing, providing BPM services etc...before Covid-19 it was on a path of re-structuring it's business but covid disrupted it...however with vaccine on horizon it has great scope. current price is 42P0 -
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responses to a few posts mixed in here, great to see healthy discussionGood post, RIGOLO. You are on the right track.
90% of people would rather be wrong with the crowd than wrong on their own. The other 10% don't care if they are wrong.
I'm not so sure what point you are trying to make, but I am getting the impression you are very bullish equities. I am of the opposite view at the moment and would be interested to hear why people think it is a good idea to be invested in equities over the next 6 months or any other asset classes for that matter.
Dont read too much into that post whether I am bullish equities, I think thats for another debate. FWIW I am, but everything in this game is personal, so my bullish time frame is 5 years out , I dont need the money tied up in equities but others might and have a different timeframe and need the market to support their future plans in 12-18 months, so bullish 5 years is no good for the person who needs it in 2021.
The point I was really making there is dont listen too much to anyone cos everyone gets it wrong plenty times, and there have been 'Armageddonists' (great term) saying its all going to crash for decades.
As to why theres reason to be bullish, its all outlined in the article.
Mr Cembalast makes a good case that the fundamentals supported many companies in this crisis and will do the same going forward. I freely admit I didnt expect so many companies to be able to report such good numbers in the midst of a global pandemic. If someone told you 2 years ago, in 2020 everyone would be wearing a mask, no schools open and no flights or holidays but the Dow would break 30,000 , everyone would say your mad to think the market could survive that impact.
But its happened, many companies are fundamentally healthy and emerging markets and regions are expanding so theres a good case for being bullish, bar
a mink escaping from some 'fur farm' and infecting the planet with a new covid variant.
One of my takeaways from the articles is . You just never know how the market will react, or you just never know what life will throw up next, thats what makes this such an interesting area to be involved in, you just never know , its like a sitcom where the plot line is unpredictable but we spend our days trying to predict it and sometimes get it right.
As to PLTR , theres a poster here 'saganist' who I think made the earliest call on them, have to give him credit.
Roubini - wasnt the only one to call the crash
Some refer to Bitcoin as Gold 2.0 , its the new goto 'commodity' if equities drop or interest rates go negative. The gold:bitcoin ratio has been trending positive for BTC, lets see if the millenials keep it alive as they seem to prefer a virtual coin, although Im old school and prefer a gold one, maybe I need to get with it.0 -
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Bob Harris wrote: »An initial large buy and then you bought in again but double the original amount?
DCA'ing is deciding an amount to invest in a company and then spreading out the investment over time at regular intervals.
By my understanding you've doubled down after the SP fell following the initial buy. Basically averaging down hoping the price pops so you can let go of the bag you've been holding. Been there, done that, will do again.
As for Edesa, I only know of it from your posts on here. A lot more often than not I've found that patience rewards more than trying to trade your way out of trouble. Buffets line about the market being an efficient mechanism to transfer wealth from the impatient to the patient is very true. If you feel Edesa have potential catalysts and nothing fundamental has changed since your initial reason for buying then consider the patience option.
Oh sorry, let me explain eg - bought in for 1000 initially, but will buy an additional 2000 more but using the DCA (200 at a time) method if that makes sense!
Appreciate the advice - it started to fall when I got in bed with Fastly so ive had alot of red days and my hands are getting weaker!
I was just wondering if anyone else was in them to see if they were seeing something I wasn't!
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Oh sorry, let me explain eg - bought in for 1000 initially, but will buy an additional 2000 more but using the DCA (200 at a time) method if that makes sense!
Appreciate the advice - it started to fall when I got in bed with Fastly so ive had alot of red days and my hands are getting weaker!
I was just wondering if anyone else was in them to see if they were seeing something I wasn't!
Investing in bio, esecially bio research companies is ALWAYS high risk but high reward.
I took a look at Edesa , my 2 cents , they seem legit, have some products and are targetting a medical sector that has huge demand, so IF they make the breakthrough it will be huge.
But their clinical pipeline is all still in either Phase 1 or early Phase 2.. if your expecting regular news updates on these then you will be dissapointed, thats not how those trials work, its slow.
Still nothing in Phase 3, so until they get to Phase 3 no one will know how good their product is.
If I were you Id be using the FDA trials website to keep track of them, according to that 2 of their trials are still recruiting and the EB01 one seems to be late on reporting, although they recently announced enrollment completion, maybe thats Covid delays, not everythign is up to date.
https://clinicaltrials.gov/ct2/results?cond=&term=edesa&cntry=&state=&city=&dist=
https://clinicaltrials.gov/ct2/show/NCT03680131?term=eb01+dermatitis&draw=2&rank=1
Seems looks like a young pharma company to me , only 5 years old and only recently completing enrollments so it comes down to have you patience to wait anything from 6 months to 3 years for news and a pop, or do you have so much capital tied up in them you need to get out. Its a small float so they may need another dilution but even so its still a small float.
In my experience the first 5 years of any new bio company is spent with all the lab nerd PhDs runing around trying to bonk each other and just happy to have their first job. Once things settle down only then do they crack on with the work.
Interesting company, intersting product but its ultimately a bio-pharma punt, needs patience and risk and willingless to lose.
Ive lost on plenty of them but others Ive won on so thats the nature of the beast. Welcome to the club your now a bio-pharma venture capitalist Best of luck .
Edit : the people involved there seem very expereinced, so I stand corrected on my earlier comment , they are probably well past their days of chasing each other around the lab, and some have a history of developing companies and selling them on, so maybe thats what they are at here, looking for one more payday. And I see a UNC Medical Centre partnership on the EB01 trial. Thats how Id evaluate them and I freely admit Ive invested in bio pharma companies with far less credentials. So it will either end in riches or tears but it may take 3 years before you know for sure.0 -
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