Share Picks 2020

AmberGold

Just a question to ask if any of you are trading OTC and what platform you are using?

hottipper

Jesper wrote: »

This was a good article I started reading. There is a lot of work gone into it. I'm in Bio Tech and while I'm not aware of a high % of the information what I did know was reported very well.

https://www.fiercepharma.com/special-report/top-15-pharma-companies-by-2026-sales

i'm just gonna go with Merck if it can hold that line and break above.
https://finviz.com/quote.ashx?t=MRK
please don't sell your tech stocks if they are an investment (shave 10%/20% off and try buy it back cheaper if you like but never sell out until they hit your target especially if you bought them in march no one knows but i don't think we going back there again) Don't let random internet strangers like me change your mind either. For investments add cash every pay check wait for a decent dip in that month 10%/20%+ and buy, sell when it hits your target.

For trading i'm thinking there might be a rotation soon to let tech cool off a bit.
so i'm looking at this to see whats green https://finviz.com/map.ashx?t=sec

droimlis

AmberGold wrote: »

Just a question to ask if any of you are trading OTC and what platform you are using?

I have been using Interactive Brokers and found them good. Needed to set up with them when Luckin Coffee went otc

Timmaay

Lex Luthor wrote: »

yesterday, great start - bad finish
now is the time to engage the left side of the brain now and be rational rather than emotional and look at buying opportunities

Fully agreed, I thankfully got on the current ev train early enough that I'm still nicely positive which is very useful in helping staying rational lol, in terms of buying opportunities I'll sit out that whole market for the second and see what the next few days bring, I've got burnt trying to catch a falling knife before and am well aware the whole ev bubble could burst, but I am reasonably confident that it has more to run so will keep an open mind if a strong reversal happens and all the robinhood beginners start fomoing again.

antimatterx

Deltas earnings are due today. Going to very interesting.

Kilboor

Took my biggest ever profit last week. Been holding cash ever since waiting on an entry but I am anxious. Hoping for a red end to the week

Nemeses2050

antimatterx wrote: »

Deltas earnings are due today. Going to very interesting.

they're out, reported a huge loss

antimatterx

Nemeses2050 wrote: »

they're out, reported a huge loss

The stock hasn't moved down really at all. It was obviously expected, but still. You would have think that it would have tanked.

peterofthebr

antimatterx wrote: »

The stock hasn't moved down really at all. It was obviously expected, but still. You would have think that it would have tanked.

in a normal market it would have reacted .but FED is pumping money into the market -

Nemeses2050

Agree, Nearly 3 bil loss brushed under the carpet...and some of airline stocks are in Green

peterofthebr

Nemeses2050 wrote: »

Agree, Nearly 3 bil loss brushed under the carpet...and some of airline stocks are in Green

its crazy, and the fed said back in early June "Fed says it will keep stimulus coming for years.." --

Kilboor

https://www.investopedia.com/ask/answers/021015/how-does-quantitative-easing-us-affect-stock-market.asp

sirboby

What is going on with Netflix, just fell 4% in the last few minutes.
Down 14% today

DesperateDan

sirboby wrote: »

What is going on with Netflix, just fell 4% in the last few minutes.
Down 14% today

https://www.marketwatch.com/story/netflix-stock-falls-after-downgrade-at-ubs-2020-07-14

Kilboor

Opened a position in Providence resources finally.

peterofthebr

sirboby wrote: »

What is going on with Netflix, just fell 4% in the last few minutes.
Down 14% today

https://finance.yahoo.com/news/netflix-overvalued-ubs-cautions-113844770.htmlhttps://finance.yahoo.com/news/netflix-overvalued-ubs-cautions-113844770.html

AmberGold

Kilboor wrote: »

Opened a position in Providence resources finally.

Seen Providence mentioned before, whats the view?

Kilboor

AmberGold wrote: »

Seen Providence mentioned before, whats the view?

Look to have finally secured a proper partner(SpotOn) to engage with farming out and funding the development of barryroe. Shareholder meeting is this month and funding will be fully in place by October. Oil prices are also at a nice level and currently would be enough to facilitate development.

They have a new CEO and experienced board. There are a good few signs that things are on the up and this time is different.

The currency also wrote an article on Providence today however it's behind a paywall.

bcklschaps

Kilboor wrote: »

Look to have finally secured a proper partner(SpotOn) to engage with farming out and funding the development of barryroe. Shareholder meeting is this month and funding will be fully in place by October. Oil prices are also at a nice level and currently would be enough to facilitate development.

They have a new CEO and experienced board. There are a good few signs that things are on the up and this time is different.

The currency also wrote an article on Providence today however it's behind a paywall.

My old friends Providence :-)

They do seem to have a good leaseholding in Barryroe....but through misfortune and incompetence its never really come to much.

The SP, could go to the moon or straight down the toilet.

Kilboor

bcklschaps wrote: »

My old friends Providence :-)

They do seem to have a good leaseholding in Barryroe....but through misfortune and incompetence its never really come to much.

The SP, could go to the moon or straight down the toilet.

I know it has been a popular stock in Ireland in the past, I firmly believe the only thing that can stop Barryroe now is politics.

Smurphy2223

Just dumped every single stock for Crypto, not for missing this revolution.

Galego

Smurphy2223 wrote: »

Just dumped every single stock for Crypto, not for missing this revolution.

Bitcoin?

ExMachina1000

Smurphy2223 wrote: »

Just dumped every single stock for Crypto, not for missing this revolution.

Why?

Just curious.

Smurphy2223

Galego wrote: »

Bitcoin?

Link, VET, small amount of BTC & Ocean Protocol.

Lex Luthor

Smurphy2223 wrote: »

Link, VET, small amount of BTC & Ocean Protocol.

Don’t forget ADA

Smurphy2223

ExMachina1000 wrote: »

Why?

Just curious.

Massive news from Paypal seems to be coming. FB developing their own crypto. Blockchain technology, market cap of whole industry growing.

Most importantly some of these are devloping huge partnerships with serious companies.


LONG TERM HODL for me.

Lex Luthor

Smurphy2223 wrote: »

Massive news from Paypal seems to be coming. FB developing their own crypto. Blockchain technology, market cap of whole industry growing.

Most importantly some of these are devloping huge partnerships with serious companies.


LONG TERM HODL for me.

The news from PayPal was out recently

LINK is the one to watch. It’s gaining momentum on & off the pitch

Same with VET

although I have a sizeable chunk in crypto, I’m keeping my stock account active as there is money to be made there aswell

If you are new to crypto, you’ll need much cooler hands than stocks

It’s not uncommon to see 10% dips in hours

I’ve seen them in 15min occasionally

Smurphy2223

Lex Luthor wrote: »

The news from PayPal was out recently

LINK is the one to watch. It’s gaining momentum on & off the pitch

Same with VET

although I have a sizeable chunk in crypto, I’m keeping my stock account active as there is money to be made there aswell

If you are new to crypto, you’ll need much cooler hands than stocks

It’s not uncommon to see 10% dips in hours

I’ve seen them in 15min occasionally

Yeah, agree. Although lack of liquidity problem for me re stocks. Will return eventually to invest in hydrogen & lithium stocks & AI technology. Hopefully not too late by then.

in2dark

Lex Luthor wrote: »

The news from PayPal was out recently

LINK is the one to watch. It’s gaining momentum on & off the pitch

Same with VET

although I have a sizeable chunk in crypto, I’m keeping my stock account active as there is money to be made there aswell

If you are new to crypto, you’ll need much cooler hands than stocks

It’s not uncommon to see 10% dips in hours

I’ve seen them in 15min occasionally

Pity link is not available on revolut :-(

Where is a cheap/easy place to buy it?

bfa1509

Smurphy2223 wrote: »

Massive news from Paypal seems to be coming. FB developing their own crypto. Blockchain technology, market cap of whole industry growing.

I know very little about crypto but am holding some Ethereum. The price dropped about 2% the day Visa announced it was looking for developers with knowledge of ethereum. It makes no sense.

Kilboor

99% of crypto currencies/tokens/contracts are a load of ****.

The 1% leftover is still up for debate. The majority of people only start buying into crypto once the dollar value of it rises due to pump and dumps I.e. they are gambling not investing.

The net value of the underlying asset and technology for the 99% is absolutely useless or no better than non chain based Technology we currently have.

It's a mess of a world full of lies, empty promises, no value assets and questionable market control from big players. I've been involved in crypto currency since 2016, bought Eth at 3 dollars , and made some nice returns back in 2017/2018. There is no strategy or easy wins, and the fact some people are only hearing about Link now says a lot. It's the shoeshiner moment again I'd bet.

Hopefully it works out for everyone, I still hold an ALT or two and if I had more cash to play with I would probably hold BTC and Eth as a general long term hedge. But as another poster has eluded to, it is not a nice game for those who don't know when to sell or can't take a loss!!

hottipper

mrna have a vaccine +17% after hours (of course) expecting airlines / travel to bounce tomorrow, maybe everything
https://www.cnbc.com/2020/07/14/moderna-says-its-coronavirus-vaccine-trial-produced-robust-immune-response-in-all-patients.html

https://www.nejm.org/doi/full/10.1056/NEJMoa2022483

Shedite27

hottipper wrote: »

mrna have a vaccine +17% after hours (of course) expecting airlines / travel to bounce tomorrow, maybe everything
https://www.cnbc.com/2020/07/14/moderna-says-its-coronavirus-vaccine-trial-produced-robust-immune-response-in-all-patients.html

Didn’t Moderna have a drug a month ago, stocks price soared, CEO sold all his shares, drug was a fraud.

Hope you’re right, but they’re probably the least reputable of the companies in the race for now

hottipper

Shedite27 wrote: »

Didn’t Moderna have a drug a month ago, stocks price soared, CEO sold all his shares, drug was a fraud.

Hope you’re right, but they’re probably the least reputable of the companies in the race for now

yeah you might be right there's one every week now hopefully this one works out, wishing i bought it now instead of mrk today ah well

Lex Luthor

in2dark wrote: »

Pity link is not available on revolut :-(

Where is a cheap/easy place to buy it?

Kraken is one exchange
You can lodge cash directly from your bank

I’ve got an uphold wallet
Very easy to find
Easy to use
Prob be my recommendation for a noob

Jump over to the crypto forum for more advice

I wouldn’t buy any crypto on Revolut

Nemeses2050

hottipper wrote: »

mrna have a vaccine +17% after hours (of course) expecting airlines / travel to bounce tomorrow, maybe everything
https://www.cnbc.com/2020/07/14/moderna-says-its-coronavirus-vaccine-trial-produced-robust-immune-response-in-all-patients.html

Airlines/Cruise up 5% in After hours already

jams100

Nemeses2050 wrote: »

Airlines/Cruise up 5% in After hours already

Crazy. Its only a phase 1 trial. Even if it does come good it has to go through more phases and around a billion doses would need to be manufactured to make it anyway effective. Best case scenario is early 2021 by which time more cash will be burned by airlines. Personally I wouldn't touch airlines unless they fall another significant amount.

Jim2007

jams100 wrote: »

Crazy. Its only a phase 1 trial. Even if it does come good it has to go through more phases and around a billion doses would need to be manufactured to make it anyway effective.

Do people really expect that governments around the world will respect patents etc....if their citizens are dying.....

amacca

Jim2007 wrote: »

Do people really expect that governments around the world will respect patents etc....if their citizens are dying.....

I agree there will be an unprecedented level of funding and pressure on producing a vaccine but I also think that's still no guarantee of one arriving in a timely fashion ...its my understanding lots of vaccines get as far as late stage trials and millions pumped in only to fail

Govts may want it fast but they are presumably aware of the dangers of shortcutting....effective.vaccines can take years to produce and many promising can fall by the wayside......

riddles

Anyone know why ONCS has jumped so much and where it might go too?

Meleftone

Anyone think Aramark #ARMK are worth a punt, what with the service sector opening up more. Currently at $22
https://www.marketbeat.com/stocks/NYSE/ARMK/

hottipper

jams100 wrote: »

Crazy. Its only a phase 1 trial. Even if it does come good it has to go through more phases and around a billion doses would need to be manufactured to make it anyway effective. Best case scenario is early 2021 by which time more cash will be burned by airlines. Personally I wouldn't touch airlines unless they fall another significant amount.

your probably right could be another fake out.
Im gonna go with a 1/4 of my iag stack. i count 4 failed breakouts already with iag (1 yesterday) which usually means its going lower we just need some catalyst to push it. If it runs too far i'm not going to chase it.

bcklschaps

Kilboor wrote: »

I know it has been a popular stock in Ireland in the past, I firmly believe the only thing that can stop Barryroe now is politics.

Had a read of that article from 'the Currency' its a puff piece on 69yro Andrew MacKay. The only interesting things are that he has been previously employed by Providence (2012)..and is back now as non executive director, which I suppose is a good sign

and he has bought 1.7% of Providence in April. (He also a few % of Lansdowne, the minority partner in Barryroe).

I think its definitely worth a punt with some loose change.

bcklschaps

Kilboor wrote: »

I know it has been a popular stock in Ireland in the past, I firmly believe the only thing that can stop Barryroe now is politics.

Had a read of that article from 'the Currency' its a puff piece on 69yro Andrew MacKay. The only interesting things are that he has been previously employed by Providence (2012)..and is back now as non executive director, which I suppose is a good sign

and he has bought 1.7% of Providence in April. (He also has a few % of Lansdowne, the minority partner in Barryroe).

I think its definitely worth a punt with some loose change.

Kilboor

bcklschaps wrote: »

Had a read of that article from 'the Currency' its a puff piece on 69yro Andrew MacKay. The only interesting things are that he has been previously employed by Providence (2012)..and is back now as non executive director, which I suppose is a good sign

and he has bought 1.7% of Providence in April. (He also has a few % of Lansdowne, the minority partner in Barryroe).

I think its definitely worth a punt with some loose change.

At least he's putting his own money on the table, but yes I saw it myself yesterday and was unimpressed. Rhetoric if anything but maybe the man is as optimistic as he sounds.

It isn't by any means my largest investment but it is one I'd be confident of a good end of year return even at current prices.

littlevillage

Have been very lucky with my entry/exit timing on Providence Resources over the years. Its at a 12 month high right now though....soo might wait for a dip.

hottipper

hottipper wrote: »

your probably right could be another fake out.
Im gonna go with a 1/4 of my iag stack. i count 4 failed breakouts already with iag (1 yesterday) which usually means its going lower we just need some catalyst to push it. If it runs too far i'm not going to chase it.

Dropping swiftly enough again after peaking about an hour into the market. Follows a pattern.

hottipper

Deleted User wrote: »

Dropping swiftly enough again after peaking about an hour into the market. Follows a pattern.

I got the 4 hour on my side could just roll over and die but lets see.
https://ibb.co/HCSVg9g

roosterman71

hottipper wrote: »

I got the 4 hour on my side could just roll over and die but lets see.
https://ibb.co/HCSVg9g

If you don't mind, could you give some explanation to that graph?

hottipper

roosterman71 wrote: »

If you don't mind, could you give some explanation to that graph?

Sure will do later promise - got a few jobs to do