Why the rise sorry.
That's quite frankly ridiculous. But what do I know I only doubled my money on KISTOS within a couple of months.
90% of people should be using funds/IT/ETF's for their pension/ISA investments.
If you have the time for research, understand the risks involved, feel comfortable with individual stocks, go for it. But most people, KISS (Keep it simple stupid) works best over the longer term.
That's getting a bit silly - you doubled your money on a tip from a friend no? That nice return from a single stock is not a basis to suddenly become some fountain of wisdom re: stock tips, especially when it comes to small-cap stuff and apparent spectacular profits.
This is probably something that needs repeating:
There will always be people getting excited over some "triple bagger" blah blah blah etc.. latest hot small-cap stocks, that's been the case for years on forums/bulletin boards. Some of thses clearly do work out very nicely, others don't, they're inherently risky investments and should be treated as such.
Likewise, as we've seen with the uranium stuff, people get excited over some sector or commodity. A few years ago it might have been silver or oil drilling companies in the Falkland Islands.
There is nothing wrong with allocating *some* of your portfolio to something rather speculative but it is worth keeping in mind that lots of this stuff is highly speculative and also to not get too carried away with the hype.
For example, the resident uranium fan mentioned some £400 (IIRC?) subscription thingie, perhaps that is an interesting newsletter, I don't subscribe so I can't say for sure that there isn't any value to it however some of the claims seemed far fetched. Firstly he claimed that the guy behind it was a billionaire (seems like obvious BS) and then he attributed large profits to it (but were those large profits likely to have been made by investing in uranium stocks himself anyway rather than the specific uranium stocks recommended - that wasn't clear at all), lots has been attributed to the magic of uranium and that newsletter but it doesn't necessarily stack up. That isn't to say that people won't make money from uranium stocks.
Likewise re: Psycho Sonny and his previous cash shell thing, as far as cash shells go it does look like it had a solid team behind it and it's clearly done well - though he got into it late and only through a tip from a friend - is that reason to then assign any weight to him posting another recommendation + claim of future performance in the thread? Perhaps that other share will do well too - but keep in mind that these are risky, volatile investments.
If you are going to get into stock-picking there is nothing necessarily wrong with that, it can be a fun/interesting hobby just be careful, do your own research and don't get overly carried away with the hyped-up small-cap stuff.
Do you have any recommendations yourself?
Yes, my recommendations are don't listen to tips, do your own research, don't get carried away with the small-cap stuff, diversify your portfolio.
Also, as @booyaka has pointed out already - most people should probably just be whacking their stockmarket investments into funds/ETFs
It's all good though if folk don't want tips I'll stop posting them. They can just invest into lifestrategy 100 and be done with it.
I've said it before and I'll say it again.....
Anyone investing into ANYTHING funds, stocks, EFT etc etc based on someone else's tips/recommendations is just plain stupid.
People can invest into anything they want to do, but listening to anyone on a thread like this or anyone of the 1000's of other threads out there and taking that as a recommendation to invest into something is just ridiculous.
Everyone has different attitudes to risk, cash flow, money to burn, money to invest etc.
I ain't having a pop at anyone who posts their reasons/research behind their own investments, that's their choice, but anyone else just jumping on that is just daft. As soon as I see/hear "tip/tipping" a stock - just stop listening!
DOYR, invest wisely and consider your own timeframe, your own tax wrappers, and your own situation before investing into what ever you choose. Not what anyone else says is the next best thing.
I hold 1 single stock across my SIPP & ISA portfolio (First Group PLC - up 98% since purchase), everything else is funds/EFT's - I don't have the time to research individual stocks/companies, nor do I wish to do so.
I do agree with @Psycho Sonny however - this thread has devolved into more of an investment thread rather than a single company/trading stockmarket thread. Might be worth getting it renamed ??
Ya'll act like your some kinds of stock market gurus anyway. I mean what exactly are you gleaning from your due diligence other than subjective sound bites about what they're upto and then massive punts that the market will react favourably? This is like the old buy to let market where everyone is an expert.
At least PS is honest that his tips came from elsewhere and they seem to pass the straight face test.
I personally only buy stocks that I can rhyme with bojango so his latest tip on thungela was naturally a big risk for me but yolo and I whacked a few k in. To the moon we go, PS!
Lol if you think your approach is much better.
Surely this thread is for discussing what stocks people are watching and investing in? I think some of the responses are a little harsh as no one is being forced to follow what is posted.
That isn't what I'm saying though - like the guy who was into uranium you'#re missing the point a bit. I wasn't criticising investing in uranium in his case I was criticising the flawed arguments he made.
In your case, you're citing a single, unrelated, stock going up as a reason to pay attention to some other tip, on a different stock - that's flawed for obvious reasons. That doesn't mean that any recommendation is flawed or there aren't good reasons for investing in a given stock just that putting some weight on the recommendation on that basis is silly.
No one is criticising that though, if people have glossed over posts and have come to that conclusion then they might want to re-read what has been said and what specifically was critiicised.
I think that with a subject like this dubious claims ought to be called out/challenged.
this was explained here:
Do people not get that posting about some uranium stock you're into is a bit different to posting some unsubstantiated claims about some uranium expert and his £400 subscription service and attributing some gains to him + claiming he's a billionaire.
Criticising that isn't the same as criticising the posting of some info re: a stock. Likewise pointing out that an argument that someone should be listened to re: a stock tip because a single highly speculative stock they mentioned recently went up is a dubious claim too which ought to be challenged - that again isn't common on the relative merits of investing in a given stock or an argument that such stocks shouldn't be mentioned.
Challenging recommendations is great but some of the posts here seem to be condemning those that are posting stock suggestions and anyone that might be listening.
I remember someone on here put £100 into kistos after I posted. I'd like to see how that fared Vs the rest of their portfolio and they have only held it for like a month. My tips are solid compared to what I've seen of some others posting on here.