Trading the stockmarket (NO Referrals)

booyaka said:
Time in the markets is better than timing the markets....
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Who was the chap who originally tipped Thungela resources. It's at an all time high right now. Wouldn't be surprised to see that thing hit the 2000p mark by the end of the year.

I have so much FoMo with the s&p 500 over the last 3 months. I considered putting my money into it at the dip to £59 and instead stuck my cash in premium bonds as it's house deposit. It's sitting at £67 today. Damn.
 
JamesH85 said:
Who was the chap who originally tipped Thungela resources. It's at an all time high right now. Wouldn't be surprised to see that thing hit the 2000p mark by the end of the year.

I have so much FoMo with the s&p 500 over the last 3 months. I considered putting my money into it at the dip to £59 and instead stuck my cash in premium bonds as it's house deposit. It's sitting at £67 today. Damn.
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Still the sensible thing to do.

Messing with house deposit near time of buy could end in mega tears
 
booyaka said:
Time in the markets is better than timing the markets....
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Of course, but buying at super high valuations tends to limit ones return for many years or even decades and can be seen throughout history, not once has the s&p, dow, nasdaaq etc not reverted to mean over the longer term and the mean is a lot lower than todays crazy valuations. If you're DCAing then carry on but I'd be wary of dumping any substantial sums in right now.
 
Not forgetting it tanked 50% shortly after the 'tip'. Certainly possible to get lucky rolling the dice on commodoties though.

I'm not having anything in dirty energy like coal personally.
 
413x said:
Let's not forget that thungela wouldn't be half as good if it wasnt for Ukraine
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Well yes, it's paid off because Russia's turned off the gas and Germany etc are scrambling for coal. Nice short term play, I wouldnt be hanging onto it for long now that clean, independent energy supply will be the priority, over important fossil fuel dependency.
 
I get how GME and AMC became meme stocks for nerds....but BBBY is baffling.

Oh right just read, it's another heavily shorted retailer circling the drain....redditors trying to stick it to the man.
 
arknor said:
yea I saw people spamming it on WSB but paid not much attention.

it's up almost 70% today, I guess it's peaking or will do soon
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Its one of those if you miss the early ride you are in lottery territory.
I certainly don't expect the gains like GME.

One, its not exactly the same. Sob story, two, it's been done. Many will have been bitten.

Its not something for me personally.
 
yeah I've been watching it and took profits from a little pop at GME sympathy rally :cry:

I'm more interested in Zim earnings tomorrow
 
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