Trading the stockmarket (NO Referrals)

Minusorange · 5 Feb 2021 at 14:24

mid_gen said:
You can only add stocks that are available for fractional purchases to pies.

Ah that makes sense, thanks!

Kreeeee · 5 Feb 2021 at 14:38

englishpremier · 5 Feb 2021 at 14:39

Gaming stocks doing well. Activision beat earnings growing revenue by 21%.

Up 10% on opening. Should bode well for others, and hopefully (to a lesser extent) for accessory makers like Logitech and CRSR

unwashed potato! · 5 Feb 2021 at 14:51

Kreeeee said:
For the newbies, always be aware of “this time it’s different”, it never is. If you do fall for the FOMO then always take profits and get your original stake out ASAP.

would you not say this time it was different in that it went from what $4 to $470 in almost no time? that's quite a bit of profit there to be had compared to other gambles.

Huggie86 · 5 Feb 2021 at 14:51

GSK down again today, been averaging down over today and yesterday. Still at a loss at the moment though, hoping they bounce back end of the year.
They will be splitting into two seperate companies next year so will be more agile and more focused.

muttclugg · 5 Feb 2021 at 14:54

Good opportunity to jump on Unilever for anyone looking for a long term investment.

arknor · 5 Feb 2021 at 14:57

looks like the hedgefunds are finally covering on the DIP

AMC/GME halted after mooning..

we could have won but there were too many paper hands GG

Irish_Tom · 5 Feb 2021 at 14:59

Zeeflyboy said:
They mainly make their money from the CFD side, I assume part of the logic is that if they can lure you onto their platform a certain percentage will go on to play with CFDs "Our platform is making money from its CFD business, where the main revenue comes from the spread and the interest swap."

https://helpcentre.trading212.com/hc/en-us/articles/360008682638-How-does-Trading-212-make-money-

englishpremier said:
Their spread isn't really much different than IB, IG, HL. Way back in the thread I compared prices on them.
The money seemed to be mostly made in CFD but then they screwed that up as they probably made huge losses on things like Tesla, Nio, etc.. and limited people to 0 CFDs in popular companies. I once also saw a $30 on McDonalds WTF?

Thanks, chaps, I stand corrected.

GME is doing well since open.

Simon · 5 Feb 2021 at 15:05

Apex said:
would you not say this time it was different in that it went from what $4 to $470 in almost no time? that's quite a bit of profit there to be had compared to other gambles.

When newbies got in it was too late. No newbie got in below 100

Trig · 5 Feb 2021 at 15:11

arknor said:
looks like the hedgefunds are finally covering on the DIP

AMC/GME halted after mooning..

we could have won but there were too many paper hands GG

Haha, I sold mine not long after opening, $54, typical..

arknor · 5 Feb 2021 at 15:11

arknor said:
looks like the hedgefunds are finally covering on the DIP

AMC/GME halted after mooning..

we could have won but there were too many paper hands GG

62mil volume in 40minutes on AMC, I think most the hedgefunds just covered, we didn't hold the line high enough cos paper hands

hedge funds likely realised amc before pump was around 5, before pump they had bankruptcy risk
so around 7 is probably the floor and as low as it would ever go

unwashed potato! · 5 Feb 2021 at 15:14

arknor said:
62mil volume in 40minutes on AMC, I think most the hedgefunds just covered, we didn't hold the line high enough cos paper hands

62 mil traded and it just goes up 7%? seems pathetic of an increase to me

Russinating · 5 Feb 2021 at 15:15

muttclugg said:
Good opportunity to jump on Unilever for anyone looking for a long term investment.

What's the reason for the current dip and forecast? They've gone barely anywhere over the last 5 years as well (+34% to date).

arknor · 5 Feb 2021 at 15:17

Apex said:
62 mil traded and it just goes up 7%? seems pathetic of an increase to me

well if people are selling instead of holding it happens.
its now 74mil volume, public float is 56m according to market watch

we were supposed to hold as the price mooned and force them to pay high prices.

ahh well I bailed at about 10% profit after only buying yesterday cos I thought like 7 was as low as the stock can go before it's seen as value

the volume on AMC looks like it's already over, maybe others need to cover still in the coming days, but I'm not risking it

GME at 97% vs avg volume as well in less than an hour, it's likely still shorted though when thats only 30mil shares and the stock was over 100% shorted at one time

mid_gen · 5 Feb 2021 at 15:51

If only we'd held on with our diamond hands, we've have beaten them and gone to the moon!

-Guy that sold as soon as he had a small profit.

The WSB idiocy in a nutshell.

413x · 5 Feb 2021 at 16:14

arknor said:
looks like the hedgefunds are finally covering on the DIP

AMC/GME halted after mooning..

we could have won but there were too many paper hands GG

But that's always going to happen. People generally follow the same patterns

40 percent up at present.
Following a text book pattern isn't it.
All the time people will be exiting at lows, getting in on bounces and leaving at a lower low.

413x · 5 Feb 2021 at 16:19

Away from gme

Had some interesting positive news from someone who works in care homes on some first hand vaccine progress. Very very positive.

If the vaccine keeps making these in roads and mutations etc don't get in the way, recovery will soon be getting priced in further.

Feeling a tad more confident over my cine buy

Gaygle · 5 Feb 2021 at 16:23

413x said:
Away from gme

Had some interesting positive news from someone who works in care homes on some first hand vaccine progress. Very very positive.

If the vaccine keeps making these in roads and mutations etc don't get in the way, recovery will soon be getting priced in further.

Feeling a tad more confident over my cine buy

I looked into Cineworld in early Jan but decided that the price had increased too much and I had concerns over bankruptcy. But now we're on the way out of it, and they're still around, if you bought low, you can't not make a good bit of a profit when they open doors again

Martynt74 · 5 Feb 2021 at 16:53

Got hopeful for a second then. Logged onto my Fidelity and it showed a huge profit on RR and a current price of 107.90. Not sure why as it's not gone about 95p all day.

Also seems HYVE has made a good jump today. Only down a few % now after being down 20% the other day.

delta0 · 5 Feb 2021 at 18:17

arknor said:
looks like the hedgefunds are finally covering on the DIP

AMC/GME halted after mooning..

we could have won but there were too many paper hands GG

I think they have sorted themselves out. My more stable shares that were pulled down as the institutional investors were covering their positions have now gone back up to where they were. I hope this is a lesson for those that piled in GME whether you invested or just observed. I was a little unnerved when a lot of people who had not invested in shares before were suddenly piling in. There is a lot to learn about the market and it is definitely not something to be rushed. The market goes through cycles and we have had a very long bull run. I think the last thing I would be doing right now is piling in to anything.