Trading the stockmarket (NO Referrals)

Minusorange · 5 Apr 2021 at 14:00

Gamestop finally taking advantage of the stock price by deciding to sell up to 3.5million shares to raise captial

https://www.cnbc.com/2021/04/05/gam...lan-to-sell-up-to-3point5-million-shares.html

brendy · 5 Apr 2021 at 15:28

Minusorange said:
Gamestop finally taking advantage of the stock price by deciding to sell up to 3.5million shares to raise captial

https://www.cnbc.com/2021/04/05/gam...lan-to-sell-up-to-3point5-million-shares.html

In its previous filing it already said it would, this just gives an actual number as some thought it would be 6m. The interesting part is that they upped their expected income by a huge amount, this seems really bullish on their part and confirms their 10k filing that they know they are going to see a fairly sizable short squeeze. Id say this is nothing but positive news.

englishpremier · 5 Apr 2021 at 17:25

Minusorange said:
Gamestop finally taking advantage of the stock price by deciding to sell up to 3.5million shares to raise captial

https://www.cnbc.com/2021/04/05/gam...lan-to-sell-up-to-3point5-million-shares.html

It hasn't hurt the share price too much. A large initial drop, now only down 2%

ivrytwr3 · 5 Apr 2021 at 17:41

Krono5 said:
I just sold almost everything and now have 65% of my portfolio in Palantir, the rest in NIO/XPEV buying the dips. Risky but I can't see PLTR dropping below the $25 resistance, especially with people like ARK Invest doubling their position around $28.

Just moved some money out of crypto. You still confident with Palantir?

A quick read up and the Defence stuff sounds very interesting - we are all moving more towards Cyber warfare (US/UK especially) so this type of technology is at the forefront. Any articles etc i should check out?

silversurfer · 6 Apr 2021 at 13:57

englishpremier said:
It hasn't hurt the share price too much. A large initial drop, now only down 2%

It doesnt have to hurt their share price, AIM companies do this all the time as a form of financing and it can be troubling in excess but in this situation its a minor probably. They sell a $billion of shares say, now that money belongs to the company and the existing share holders its part of asset value. Its more a case of what good do they do with the money or do directors reward themselves.

BP on the other hand is promising to buy back shares, good rise today and 290p has been a place to buy generally I think. I keep hoping BP and RDSB will 'fill the gap' and blip back upto some pre covid type pricing; unlikely I realise but in charting terms a gap is filled, lower volume makes it easier to do so etc. theory but surprisingly these things happen.

DXY still milling about 92 /93 if it forms this as a low I'd expect some pressure on prices elsewhere. Dollar strength when they are widening the fiscal deficit is counter-intuitive

https://twitter.com/i/web/status/1377698015117418496

AyeAyeAhoy! · 6 Apr 2021 at 14:04

ivrytwr3 said:
Just moved some money out of crypto. You still confident with Palantir?

A quick read up and the Defence stuff sounds very interesting - we are all moving more towards Cyber warfare (US/UK especially) so this type of technology is at the forefront. Any articles etc i should check out?

With PLTR, I think it's one of those stocks that's probably a great buy, but because WSB is involved with it, it's hard to know whether it's overinflated or not. A lot of the forums are people shilling it, but they clearly have vested interested. A lot of the 'pro' views on it are 'WSB is bad, PLTR is linked to them'.

inferno · 6 Apr 2021 at 14:55

doug_1986 said:
With PLTR, I think it's one of those stocks that's probably a great buy, but because WSB is involved with it, it's hard to know whether it's overinflated or not. A lot of the forums are people shilling it, but they clearly have vested interested. A lot of the 'pro' views on it are 'WSB is bad, PLTR is linked to them'.

It's a data company that will help organisations become more efficient, they have spent the last however many years perfecting that at the government's expense.

I sold my PLTR for for Microstrategy in Jan but I have rebought in on this dip.

ivrytwr3 · 6 Apr 2021 at 17:17

inferno said:
It's a data company that will help organisations become more efficient, they have spent the last however many years perfecting that at the government's expense.

I sold my PLTR for for Microstrategy in Jan but I have rebought in on this dip.

What did you call the 'dip'. Is it still a good price now?

inferno · 6 Apr 2021 at 19:01

ivrytwr3 said:
What did you call the 'dip'. Is it still a good price now?

Everything in tech is cheap right now I think, with pltr we are 40% down from ATH and I don't think anything fundamentally has changed.

sid · 6 Apr 2021 at 20:42

Can anyone suggest good free tools to manage and analyze my portfolio? Doesn't even have to be free if it's good and paid for.

Currently use yahoo finance.

Sid

Russinating · 6 Apr 2021 at 20:53

Haven't used it extensively but https://simplywall.st was recommended here and it seems good.

Azza · 6 Apr 2021 at 21:09

sid said:
Can anyone suggest good free tools to manage and analyze my portfolio? Doesn't even have to be free if it's good and paid for.

Currently use yahoo finance.

Sid

Morningstar has a free portfolio tool.

platinum87 · 6 Apr 2021 at 21:42

Azza said:
Morningstar has a free portfolio tool.

https://tools.morningstar.co.uk/uk/xray/editholdings.aspx

Via that link the other link wont work.

sid · 6 Apr 2021 at 23:19

Is the app any good for simply wall st ?

LeMson · 6 Apr 2021 at 23:34

doug_1986 said:
With PLTR, I think it's one of those stocks that's probably a great buy, but because WSB is involved with it, it's hard to know whether it's overinflated or not. A lot of the forums are people shilling it, but they clearly have vested interested. A lot of the 'pro' views on it are 'WSB is bad, PLTR is linked to them'.

I've sextupled my pltr position today, yolo >_<

413x · 7 Apr 2021 at 08:36

Still no idea what to buy next. Can't Identify anything undervalued. So put more into crypto. (as cash for now, Waiting for next drop)

Dirk Diggler · 7 Apr 2021 at 10:55

I've started using Vanguard and have noticed that the website security seems a bit relaxed, basically just username & password with no option for 2fa. I'd just like to double check if I'm missing some options?

dwarf · 7 Apr 2021 at 13:15

There's no 2FA login currently on Vanguard UK but it's available in the US. Hopefully it will make its way over to the UK site soon. The current second security barrier is that you can only withdraw to your nominated bank account. If you change your bank account details then you'll receive a verification code by text message. So technically there is 2FA on withdrawals but text messages are not the most secure method of 2FA as I'm sure you're aware.

Dirk Diggler · 7 Apr 2021 at 13:43

dwarf said:
There's no 2FA login currently on Vanguard UK but it's available in the US. Hopefully it will make its way over to the UK site soon. The current second security barrier is that you can only withdraw to your nominated bank account. If you change your bank account details then you'll receive a verification code by text message. So technically there is 2FA on withdrawals but text messages are not the most secure method of 2FA as I'm sure you're aware.

Thanks for the info, it's appreciated.

nam · 7 Apr 2021 at 16:26

sold all my AZN a few weeks ago, Can't see any upside here, Moderna on the other hand have doubled up