Share Picks 2020

Timmaay

whatever76 wrote: »

Is this what caused the drops in tech stocks today - Mad seeing all the gains last few days drop so quickly in one day !

Nay it's more the gains the last week were absolutely mad, so had to pull back, and the saying goes the stockmarket takes the stairs up but elevator down.

1percent

Tomorrow will be the tell, the first friday in Sept!

Now that the holidays are over and the brokers and MM are back, will they be looking at their Bloomberg's and saying "Ah hell naw!"? Will they want to hold the stock into the weekend? Will they dump? No amount of "men in tights" have the clout on the market as these bucks.

The drop today does not bode well, was this the smart money getting out before Black friday?

March was fun, april was profitable and the summer was boring. I think september will be murder!

I didn't buy into the tech stuff the last 6 month, I did not see value. I'm spread on miners, household consumer and tobacco(holding a loss there) and IAG at 2.50 on MAD. Regret not doubling up at 1.80odd but was on holidays at the beginning of august and there was talk of a reverse split.

I think, and it's worth as much as any ould fart on the internet, this is it! This is the Crest of the rollercoaster as the clink of the chain stops. We are on the presipis, looking down and when the ride is over, some of us will not be here anymore.

One More Toy

Degiro not handling the latest donegal investment group share conversion very well, showing price and position as zero

Atlas_IRL

Got out of Tesla at 413 wanted to hold till battery day but decided to take profits now.

retalivity

Opened a position on Sturm Ruger, has hit a 3mth low, and with Trump/BLM/Kenosha and a close election, expect shenanigans with security, 2nd amendment rights etc before november that will drive up gun sales

Saudades

Monday is Labor Day (presumably a Bank Holiday) in the USA if that makes any difference to anyone....

Saudades

Saudades wrote: »

Monday is Labor Day (presumably a Bank Holiday) in the USA if that makes any difference to anyone....

The ironically so named... seeing as it's a public holiday :pac:

hottipper

Valhallapt wrote: »

Crispr gene editing stocks down 10-12% across the board, I think it’s a great entry point for anyone with a long term hold in mind

Which ones are you in Valhallapt? would love to just buy arks etf but don't have the option

Jesper

PagerDuty, Inc. (PD) took a 26% drop yesterday. It's a company discussed here before. I will see how the tech bubble goes but it's worth monitoring for further drops.

"Shares of PagerDuty (PD) - Get Report dropped 27% to $25.56 after its latest earnings release. For the second quarter, PagerDuty, which sells incident response software for IT departments, reported revenue and a loss in line with expectations but an outlook short of estimates. Total sales were $50.7 million, up 26% from a year ago, and in range of its prior guidance of between $50 million and $51 million. Its non-GAAP loss was 4 cents a share, ahead of the guidance range of a loss of 6 to 7 cents a share."

Nemeses2050

Deleted User wrote: »

Even Amazon took a beating. Dragged down by association I suspect. If you were to buy the dip on any of them it would Amazon imo.

Agree with holiday season coming, Amazon is the best bet...however I would wait for more correction.

Also anyone watching Ciena Corp. is down 30% in last two days. Had a decent quarter, however guidance isn't upto expectations and close to 6 month lows.

HelloYoungBoy

What are people looking at investing in given the decline in prices?

robman60

Can anyone explain to me why Alphabet Class A is cheaper recently than Class C? In all the time I've been looking at them it's been the reverse die to the voting rights with A, but it's consistently been the other way the past few weeks. Will nibble as they approach 1500 but started my position at 1100 the very beginning of April and would be happier buyinh around 1250.

Electronic Arts is another one I've got in mind, anyone buying? I haven't yet but tempted

awhir

jams100 wrote: »

A better (safer) long term hold would be shell. You get a decent dividend with that too. It may never reach what it was in February for a long time but oil will eventually get back up to $60 a barrel and their smaller competitors probably won't survive this pandemic

Any other long term holds you'd recommend?

sirboby

Just picked up my first slice of Amazon at 2730, here is hoping this cliff does not have much further to go

DutchYurt

Ooofh, another big red day for me hitting as much as -15%..

I tried turning my Degiro off and on again but it didn't work. Any other tips are welcome.

bfa1509

sirboby wrote: »

Just picked up my first slice of Amazon at 2730, here is hoping this cliff does not have much further to go

Picked up 2 yesterday thinking there's no way it could fall another 5-6%. I thought today would be a breather before another red day on Monday.

Jobless figures in the US weren't bad after all so not sure why the big sell off today. Amazon especially - announces 10,000 more jobs and it drops 6%, bizarre. Half wondering if I should add another one to the basket.

bobbyy gee

You should be in all cash and out of market
The American government has dumped billions into the market to keep it high until November's election after that it will drop as there are millions unemployed who can't pay rent or morgage. There's a few tech stocks moving the market higher but the rest stock market is sick. Covid. Will do long term damage to market

Nemeses2050

Guys we could see more correction, correction we have all been waiting for....so hold your horses.

One More Toy

Jesus lads it's a bloodbath, down 2k over the past 2 days. Send your thoughts and prayers

Underground

I'm a spoofer. Sold my Netflix after saying I'm in long term. Don't have the stomach for it. Lost most (but not all) of my profit on it.

Now to stand back and watch the madness unfold.

One More Toy

I'm not selling, I'm in my positions with a long term view (30+ years)

Think I'll stop looking at my degiro and turn off cnbc for a while though!

bfa1509

One More Toy wrote: »

I'm not selling, I'm in my positions with a long term view (30+ years)

Think I'll stop looking at my degiro and turn off cnbc for a while though!

Selling was the biggest mistake I made back in Feb/March. I'm not going to make the same mistake again. Degiro is set up to put the fear in you so that you increase the transaction count. Just wait and you'll see next week they'll be talking about vaccines and "positive outlooks" and the green wave will pick up again.

Really its currency you need to watch out for. I think the dollar will spring back up when Trump wins in November - if he doesn't win then say goodbye to your portfolio!

hottipper

I bought some lemonade today not a big buy by any means will add more if it shows some promise.

One More Toy

bfa1509 wrote: »

Selling was the biggest mistake I made back in Feb/March. I'm not going to make the same mistake again. Degiro is set up to put the fear in you so that you increase the transaction count. Just wait and you'll see next week they'll be talking about vaccines and "positive outlooks" and the green wave will pick up again.

Really its currency you need to watch out for. I think the dollar will spring back up when Trump wins in November - if he doesn't win then say goodbye to your portfolio!

Time in the market > timing the market

Taylor365

Boohoo! We're all down a few thousand...

The last few weeks we were up a few K!

So nothing has changed really..

..only a more acceptable entry point into some tech stocks!

Underground

One More Toy wrote: »

Time in the market > timing the market

A sound rule of thumb and good advice for all to follow.

I get the bulk of my market exposure via my pension which I'll continue to make AVC's into regardless of what happens in the market. It has 35+ years to sit there and grow. The bit of trading I do via Degiro /IB is more of a hobby so I'll indulge in some speculative attempts at market timing, but this isn't at all suitable for everyone.

Timmaay

Taylor365 wrote: »

Boohoo! We're all down a few thousand...

The last few weeks we were up a few K!

So nothing has changed really..

..only a more acceptable entry point into some tech stocks!

Absolute bloodbath 2days for me but I'm literally only back where I was on the 26th August ha.

One More Toy

Underground wrote: »

A sound rule of thumb and good advice for all to follow.

I get the bulk of my market exposure via my pension which I'll continue to make AVC's into regardless of what happens in the market. It has 35+ years to sit there and grow. The bit of trading I do via Degiro /IB is more of a hobby so I'll indulge in some speculative attempts at market timing, but this isn't at all suitable for everyone.

Indeed I do the same, max out my pension but I still have a chunk left over, so better putting it to work in the markets than sitting earning 0.1% interest. I do own some gold though

AmberGold

Lemonade looking well oversold and nearly at IPO levels, anyone a view as considering a position?

Shedite27

AmberGold wrote: »

Lemonade looking well oversold and nearly at IPO levels, anyone a view as considering a position?

I bought it at $62

AmberGold

AmberGold wrote: »

Lemonade looking well oversold and nearly at IPO levels, anyone a view as considering a position?

The fizz looks to have gone out of it. The bubbles have burst, and is leaving a bitter taste.

Shedite27

Shedite27 wrote: »

I bought it at $62

As the saying goes, after DD if it was a good buy at $62, it's an even better buy now at mid $40s.


HODL and possibly average down if possible.

Shedite27

Deleted User wrote: »

As the saying goes, after DD if it was a good buy at $62, it's an even better buy now at mid $40s.


HODL and possibly average down if possible.

Definitely holding, I'll see how next week goes and may add more

Rothmans

Any sign of the Snowflake IPO happening anytime soon??

Also, are people who are buying here gonna buy straight from the off? Wait a few days/weeks/months (in the hopes of subsequent drops)? Or DCA it?

Valhallapt

hottipper wrote: »

Which ones are you in Valhallapt? would love to just buy arks etf but don't have the option

Disproportionately in $crsp and also some holding some $edit and $sgmo

OwlsZat

Valhallapt wrote: »

Disproportionately in $crsp and also some holding some $edit and $sgmo

Is there anytime time scale on when we need to be bought into CRSPR or EDIT for? I thought there was a big read out that would affect the two. Have funds in Q4 earmarked.

dashcamdanny

Rothmans wrote: »

Any sign of the Snowflake IPO happening anytime soon??

Also, are people who are buying here gonna buy straight from the off? Wait a few days/weeks/months (in the hopes of subsequent drops)? Or DCA it?

Could dump , could pump.

smurgen

Underground wrote: »

A sound rule of thumb and good advice for all to follow.

I get the bulk of my market exposure via my pension which I'll continue to make AVC's into regardless of what happens in the market. It has 35+ years to sit there and grow. The bit of trading I do via Degiro /IB is more of a hobby so I'll indulge in some speculative attempts at market timing, but this isn't at all suitable for everyone.

I would be the same myself. I did cash out of all my positions lately though. The market just is making no sense to me whatsoever and any fundamental analysis I done is now pointless. Docusign for example performed great as expected outperformed earnings expectations by 100% and has fallen back massively.i cashed out Tuesday at 265 earning were Thursday and now it's at 216. Madness!

Standard Toaster

https://www.irishtimes.com/business/markets/softbank-unmasked-as-nasdaq-whale-that-stoked-tech-rally-1.4346840?mode=amp

https://amp.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2?segmentid=acee4131-99c2-09d3-a635-873e61754ec6&__twitter_impression=true

Bob24

Standard Toaster wrote: »

https://www.irishtimes.com/business/markets/softbank-unmasked-as-nasdaq-whale-that-stoked-tech-rally-1.4346840?mode=amp

https://amp.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2?segmentid=acee4131-99c2-09d3-a635-873e61754ec6&__twitter_impression=true

Softbank must be secretly getting pro trading advice from Dave Portnoy.

Browney7

Shedite27 wrote: »

I bought it at $62

Same - doubled down again in the high 40s

Shedite27

smurgen wrote: »

I would be the same myself. I did cash out of all my positions lately though. The market just is making no sense to me whatsoever and any fundamental analysis I done is now pointless. Docusign for example performed great as expected outperformed earnings expectations by 100% and has fallen back massively.i cashed out Tuesday at 265 earning were Thursday and now it's at 216. Madness!

Docusign was $216 last weekend, it's $216 this weekend, if you're investing, look at the big picture, they've put up a great quarter, that backs up a big gain in the quarter, and has the right product in a business scenario that seems purpose-built for it. No reason to think they won't continue to have above average business performance and share performance (albeit not at the same share increase again next quarter).

Covid has knocked these companies on 5-10 years, so really we're looking at speeding everything up that extent, they should settle to regular growth rates now that users and investors have adapted.

dinneenp

Like many, I cashed out after Thursday. With uncertainly at the moment I presume a lot of people will just do nothing for a while.

One More Toy

Thank god the US markets are closed tomorrow

ChuckieEgg

Walt Disney




'Mulan' release leads to 68% spike in Disney+ app downloads

dinneenp

One More Toy wrote: »

Thank god the US markets are closed tomorrow

Ok, market open today. People planning on sitting on any withdrawn cash & wait to see if the market continues to be violate? Many that dropped heavily on Thursday recovered slightly on Friday.

DutchYurt

dinneenp wrote: »

Ok, market open today. People planning on sitting on any withdrawn cash & wait to see if the market continues to be violate? Many that dropped heavily on Thursday recovered slightly on Friday.

I think Tech is still in for a fall.. pre market looking at Apple (5%), Tesla (16%) and Slack (3%) all down.

Shedite27

Yeah big red day again, there'll be a great buying opportunity sometime this week, timing it is nigh on impossible

OwlsZat

Congrats anyone that bought into $VXRT or $INO looks like major news today, should see both make nice advances.

Liamo_mu

Shedite27 wrote: »

Yeah big red day again, there'll be a great buying opportunity sometime this week, timing it is nigh on impossible

Yeah I'm really trying to guess when is a good time to get in? And on who. Maybe just go long-term and the relative safety of apple?