Trading the stockmarket (NO Referrals)

englishpremier said:
Curious why does the company give a toss about a share split. It doesn't affect the business or inject any more capital into it. The only people it affects are the shareholders and doesn't really change anything for them either as all the stakes remain the same. Those complaining that $2000 a share is too much for them e.g. retail Robin Hooders or Trading 212 etc... can buy fractions if they must. 1 of a $200 TSLA share is as useless as 0.1 of a $2000 TSLA share.
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Not all brokers provide or offer fractional shares. Some fractional share brokers also don't pass on dividends depending on value.
 
$2000 is not a large amount of money so it means nothing sure and famously Buffet stock was previously really high. He eventually did split his stock for the pension holders of the giant railway stock he took over, a lot of employees invested. On the ground its easier for the little guy, I really prefer to reinvest dividends for example. BRK-B was totally a buy on the split, coincidence if you like.
In reality most of the public will find greater ease of use with a cheaper stock like $100, its as simple as that. I buy fractional stocks as well but its reliant on that 3rd party service, also it relates to voting I guess

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Hope this dude is correct, probably but if not some gold mines I follow have an all in cost of $700 an ounce which is such a healthy margin its a bonus to have cheap oil.
When oil does rise its bearish for some other industries possibly the economy overall, so it could be taken as some kind of hedge even personally for those with high energy use.
 
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englishpremier said:
Curious why does the company give a toss about a share split. It doesn't affect the business or inject any more capital into it. The only people it affects are the shareholders and doesn't really change anything for them either as all the stakes remain the same. Those complaining that $2000 a share is too much for them e.g. retail Robin Hooders or Trading 212 etc... can buy fractions if they must. 1 of a $200 TSLA share is as useless as 0.1 of a $2000 TSLA share.
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Psychological. People still prefer to buy whole shares, or at least one. Small holders will be able to buy a few soon, instead of just a fraction of a share or just one at $2000+ so will get a few. People also prefer to pay less for something or could look elsewhere for a similar competitor for example if they think getting more for their money. Sounds daft, but it can happen
Increases liquidity too.
It is something that can be done around tops - it was popular during the run up to the dotcom bubble bursting. This doesn't mean a bubble bursting is a certainty now but is one of the tricks used to try to sustain the share price/valuation. Years ago I seem to remember charts not showing the old price but might be wrong on that. I know systems like tradingview adjusts the historical price to match the split price.
 
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Ahleckz said:
You still in Hemo? I’ve rode it out and didn’t sell but also didn’t top up. Now broke even after a 25% daily rise. Hopefully somethings brewing for later today/this week. I’ve got a house offer going in tomorrow, it may be getting upped!
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Aye, still in this one, turned a small profit off today’s rise too. I wondered if you were still ;)

Keeping an eye on a few BB’s for any credible news, not ‘just’ a Covid play but actually some valid other fundamentals, maybe a LTH.

Volume off of the 45% daily rise (didn’t close up at that kind) in April was around 120-140m from memory, the last few days have been a fraction of that.

Expect it to be a bit more volatile in the coming weeks now it’s back on the radar, breakout charts and being tipped etc.
 
Bes said:
Indeed - a good couple of days. The 650 shares I purchased at an average of $100 are looking pretty good right now :D
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Nice! What made you buy such a decent amount of Salesforce? I like to hear the reason(s) people had for buying stocks that led to a great profit :). I had been aware of it for some time but didn't look closely enough to determine whether to buy some
 
DarrenM343 said:
Nice! What made you buy such a decent amount of Salesforce? I like to hear the reason(s) people had for buying stocks that led to a great profit :). I had been aware of it for some time but didn't look closely enough to determine whether to buy some
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I used to work there before starting out on my own so TBH some were granted to me but from my time there knowing what a great company it is (and how strong their products are) I continued to buy big (and amassed most of my holding) after I left.

Benioff is a bit of a bell but he is also a very very visionary leader and has some extremely smart people working for him.

They have a habit of buying the best companies in the industry (Mulesoft will turn out to be their star buy I think - the integration challenge is going to become very acute for companies who are moving to Cloud and Mule along with Salesforce’s Customer360 is well set up to solve really hard IT challenges) which compliment their portfolio and do a decent job of pulling it all together and telling a compelling story to their customers.
 
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I have some Nio, less than 1k shares, but got them last November when they were still sub $3. I'm pretty happy with them thus far, not sure how far they can go this year. I look at them as a long term hold, maybe they'll get bought up by someone else.
 
Must admit Nio tempting me. I did ok with my punt on Aston Martin and am tempted to get 5k worth of Nio or maybe more as happy to hold long term as in 2-3yr if need be.

I’ve only traded AML and Boohoo so far but being more and in and out thing to take profits and am out of both now.
 
Gibbo said:
Must admit Nio tempting me. I did ok with my punt on Aston Martin and am tempted to get 5k worth of Nio or maybe more as happy to hold long term as in 2-3yr if need be.

I’ve only traded AML and Boohoo so far but being more and in and out thing to take profits and am out of both now.
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I made a quick profit of over 150%. I've closed because a correction is due and when it does I think I'll buy back in for the long term. Nio is only selling to the Chinese Market at the moment and have a lot of expansion to do there. If they break into the global market then happy days. .
 
I bought Aston too. I had a £120-160 target but the price action didn't validate it so sold for a 12% profit only. Only used a small amount of cash so 12% is nothing, I just struggle to be confident of any UK car manufacturers enough to risk much.

Nio I've been watching. I feel EV car stocks gone too far for the moment and just holding reduced position in Tesla. I'm getting same vibe as did with Bitcoin at the 2017 high and Gold before that at the end of the last bull run. We'll see.
 
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Skeptic said:
You are such a troll honestly. Zero contribution, zero effort. On ignore now. Buh bye!
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Your shilling looks silly so it turned to a LTH rather than accepting it was a bad call. Surprised how quickly you bit though. Was less than a minute, not sure why you taking it so personally.

I see Xping IPO out today. Maybe one to ride the EV band wagon with a quick punt. Might just punt a small amount (or 6 figures if your are skeptic ).
 
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