Trading the stockmarket (NO Referrals)

silversurfer · 31 Mar 2020 at 23:19

I'd expect it to fall some still, just hesitating in this area is quite positive as it may go lower and very likely come back here so its not the wrong price as such even if cheaper happens. Bottom pricing will take a while to be confident on, this whole year probably.

Oil isnt staying low forever as not growing things to eat and so on, has to occur. All kinds of normal things take energy to do, many people will die but the population of the earth will increase this year and imo for many years forward so greater demand is the base line. Tell me they refined solar panel efficiency and its a greater threat then this pullback is to oil.

I think its worth some punt, ET $1.22 payout on a $4 share, they own a lot of infrastructure so have revenue at every price I guess. A while back this and WMB were a great bet as once again gas had fallen a lot back then mid merger deal. Not sure its true now but its nicely priced surely

https://seekingalpha.com/news/35569...tm_campaign=rta-stock-news&utm_content=link-3

Trusty · 1 Apr 2020 at 00:46

Looking at the charts then, it's an absolute ****show. This thing is so messed up, 2 trillion pumped into the economy and the DOW is struggling get back over 22k. This really is epic proportions meltdown..

Here is an interesting fact, when you say a trillion, people think its a lot of money, but it's hard to conceptualise eh..

Get this...

If one dollar represented one second of the day...

1 million would be 12 days
1 billion would be 32 years
1 trillion would be 32,000 years

Trusty · 1 Apr 2020 at 00:54

https://www.nature.com/articles/d41586-020-00938-0

Could this be it? This type of news.

A second wave incoming would for sure send everything lower

Simon · 1 Apr 2020 at 07:34

Psycho Sonny said:
made 700% on my latest investment - completely serious too. maybe even higher as i've still got some to sell. made my initial investment times 7 so far. could break the 1000% barrier.

Great insight. Thanks for sharing.

mid_gen · 1 Apr 2020 at 07:53

I wonder if one day Sonny will wake up and suddenly become self-aware. It's like he's an AI that's been trained on the internet commentary of awful people.

But back to the topic at hand...have the US hinted at further financial diarrhoea? Part of me thinks we'll see the same as post credit crunch again...years of stumbling, limping global economies and falling living standards in the West, and and insane upward march on the markets as the cash being printed floods to the only place giving a return....the only difference this time being the bailout being even more skewed in favour of business, at the expense of citizens.

Russinating · 1 Apr 2020 at 09:20

lol at the P/E ratio for Zoom, ~1700 atm. Granted the share has priced in future revenue but still way overvalued imo. I don't even know anyone that's paying for it, even people using it for business just log out and back in to reset their free session etc.

Bes · 1 Apr 2020 at 09:24

Didn’t someone on here buy in a few days ago?
Madness - absolutely screaming short if you ask me. I think their next results will reveal how much of their popularity is based off free users as above.

Maccy · 1 Apr 2020 at 09:26

Psycho Sonny said:
made 700% on my latest investment - completely serious too. maybe even higher as i've still got some to sell. made my initial investment times 7 so far. could break the 1000% barrier.

Let me guess, toilet paper?

mid_gen · 1 Apr 2020 at 09:28

I wouldn't touch one of these revenue-less tech startups with a bargepole..although undoubtedly there is opportunity for gains with is much cash right now if you're the gambling sort.

I've maxed out my employee stock buying allowance for now (MSFT)....but still holding off on anything else.

Ironic Namesake · 1 Apr 2020 at 09:34

Trusty said:
Yes, end of this week or next week, some news might come out that'll kickstart it. Test 18k on the DOW, if that doesn't hold, then down to ~15k.
Definitely getting my shorts ready..

What are you planning to short, DIA?

I'm holding some puts for 15/05 expiry, should be looking good on open.

Simon · 1 Apr 2020 at 09:43

Maccy said:
Let me guess, toilet paper?

Im glad I know know 700% are the same 7x

Psycho Sonny · 1 Apr 2020 at 09:51

Maccy said:
Let me guess, toilet paper?

nope - fitness equipment.

gyms are all shut and people buying up anything including stuff they think they can use but really can't.

as an example - https://www.nintendo.co.uk/Games/Nintendo-Switch/Ring-Fit-Adventure-1638708.html

this game usually retails for around £50 or so. going for £200 on ebay.

dumbells that usually sell for like £20-£40 are selling for £200.

if you have any weights in your house sell them - i had someone travel over 2 hours yesterday to pick up a single kettlebell. and people on here said gumtree was dead/dying.

Skillmister · 1 Apr 2020 at 10:02

Psycho Sonny said:
if you have any weights in your house sell them - i had someone travel over 2 hours yesterday to pick up a single kettlebell. and people on here said gumtree was dead/dying.

Why are you encouraging unnecessary travel?

Efour · 1 Apr 2020 at 10:06

Oh jeez I thought this was about stock and shares not selling 2nd hand gym equipment.

I thought you had made 700% on a fantastic amount of money. Not a 25 quid Argos thing.

Simon · 1 Apr 2020 at 10:08

Haha. Amazing. That Argos stock exchange is lucrative

Furton · 1 Apr 2020 at 10:14

After the 25% collapse in the FTSE, would it be a good time to invest some cash into a stocks and shares ISA? I'm not one for trading the stock exchange myself, but do have some cash I could invest.

Russinating · 1 Apr 2020 at 10:16

Bes said:
Didn’t someone on here buy in a few days ago?
Madness - absolutely screaming short if you ask me. I think their next results will reveal how much of their popularity is based off free users as above.

Especially given their costs will be skyrocketing simultaneously; any actual paid customers will still be offsetting free user costs. It's not like they run their own cloud services/data centres. Like the classic "if you want to increase mustard sales then give away free hot dogs", you'd do well to find out who they use for their backend, though that's basically AWS or Azure and for both of them Zoom will be a drop in the ocean given they're still arguing over the $10billion pentagon contract.

Bes · 1 Apr 2020 at 10:18

mid_gen said:
I wouldn't touch one of these revenue-less tech startups with a bargepole..although undoubtedly there is opportunity for gains with is much cash right now if you're the gambling sort.

I've maxed out my employee stock buying allowance for now (MSFT)....but still holding off on anything else.

Same. I did invest in one small tech company I was considering a career move to - great company, disastrous SP performance unfortunately. Constantly asking myself if I massively average down or just cut my losses and get the heck out.

I’ve also maxed out my employee share purchase (not MSFT but another cloud computing giant) - we have only seen a modest hit in SP and these schemes tend to let you buy at very good prices anyway.

the only new investment I have made is in litigation financing as I think these companies are going to have an absolute purple patch when COVID-19 passes.

Bes · 1 Apr 2020 at 10:19

Yep

Russinating said:
Especially given their costs will be skyrocketing simultaneously; any actual paid customers will still be offsetting free user costs. It's not like they run their own cloud services/data centres. Like the classic "if you want to increase mustard sales then give away free hot dogs", you'd do well to find out who they use for their backend, though that's basically AWS or Azure and for both of them Zoom will be a drop in the ocean given they're still arguing over the $10billion pentagon contract.

Yep. the real winners are AWS/ MSFT/ or whoever provides their cloud infrastructure

do_ron_ron · 1 Apr 2020 at 10:30

The banks not paying out dividends. I can see as this carries on it will become the norm as companies see this as a good excuse to not pay.