Trading the stockmarket (NO Referrals)

Noxia · 22 Feb 2021 at 09:09

My tui shares went up another 2% but that's about it.

mid_gen · 22 Feb 2021 at 09:34

My IAG is in the green after topping up last week's dip...pretty happy with that position, going to pay back nicely as international travel resumes. Ditto RR.

All my US exposed ETFs have taken a bath this morning though, wiped out all of Friday's gains.

It does feel like the bears are starting to take over....

Noxia · 22 Feb 2021 at 09:54

I was tempted by RR. I couldn't find out from work though if I was 'allowed' because they are a contractor.

Trig · 22 Feb 2021 at 10:13

Noxia said:
I was tempted by RR. I couldn't find out from work though if I was 'allowed' because they are a contractor.

I know people that work there that have shares, if its good enough for them.....

mid_gen · 22 Feb 2021 at 10:21

Trig said:
I know people that work there that have shares, if its good enough for them.....

There will be policies that determine when and how you can trade stocks you have insider knowledge of. Ranging from don't to minimum holding terms, disclosure requirements etc.

Breaching these rules is a sackable offence at companies I have worked at, so while it's unlikely you'll get caught, it's not really worth sticking your head in the sand. Just ping your HR department and ask.

tlrBeta · 22 Feb 2021 at 10:45

mid_gen said:
There will be policies that determine when and how you can trade stocks you have insider knowledge of. Ranging from don't to minimum holding terms, disclosure requirements etc.

Breaching these rules is a sackable offence at companies I have worked at, so while it's unlikely you'll get caught, it's not really worth sticking your head in the sand. Just ping your HR department and ask.

If you are on an insider list, you should know. For example, I am on a list - strict windows of trading, line manager approval and so on. It does create more risk as you will need to hold for longer. If you're uncertain, always worth double checking as mentioned

I also have friends at RR, he is not on an insider list and can trade freely.

Martynt74 · 22 Feb 2021 at 11:50

Just had an email from Primary Bid suggesting i've got the full allocation of shares i applied for. I assume they've only limited people who applied for higher amounts. Mine was only a £250 punt.

Hopefully i can transfer them over to Trading 212 from Interactive Investor once they go live.

Vanilla · 22 Feb 2021 at 12:32

Martynt74 said:
Just had an email from Primary Bid suggesting i've got the full allocation of shares i applied for. I assume they've only limited people who applied for higher amounts. Mine was only a £250 punt.

Hopefully i can transfer them over to Trading 212 from Interactive Investor once they go live.

Reddit has some people talking about getting 5-10% of their amount. Not checked today for more news.

Martynt74 · 22 Feb 2021 at 12:34

It did seem like it was heavily over subscribed so I was surprised but I guess it’s not worth their while to cut mine down given it was so small anyway.

In theory I might just try and flip it on the day and save any hassle transferring to another broker as Interactive Jnvestor are quite expensive.

Vanilla · 22 Feb 2021 at 12:36

Martynt74 said:
Just had an email from Primary Bid suggesting i've got the full allocation of shares i applied for. I assume they've only limited people who applied for higher amounts. Mine was only a £250 punt.

Hopefully i can transfer them over to Trading 212 from Interactive Investor once they go live.

Just checked my email, I got 11% of my allocation. Are you sure you don't have a refund coming? I've not heard of anyone getting full allocation - could be wrong though

Martynt74 · 22 Feb 2021 at 12:39

Vanilla said:
Just checked my email, I got 11% of my allocation. Are you sure you don't have a refund coming? I've not heard of anyone getting full allocation - could be wrong though

No, definitely looks like the full amount. I assume your investment was substantially higher though?

MORE SPEED · 22 Feb 2021 at 12:45

Martynt74 said:
No, definitely looks like the full amount. I assume your investment was substantially higher though?

I too received full allocation

Vanilla · 22 Feb 2021 at 12:48

Yup looks like full allocation

Martynt74 · 22 Feb 2021 at 12:50

Vanilla said:
Yup looks like full allocation

Serves you right for being rich

Vanilla · 22 Feb 2021 at 12:59

Martynt74 said:
Serves you right for being rich

i think there is a cut-off. Over maybe £500 they slice up your stake.

I guess they want as many different investors as possible which is entirely normal.

Sharkhouse · 22 Feb 2021 at 13:47

mid_gen said:
We're in the same position we were in late 2019 when I said on this thread we were due a correction.

Markets are full of new retail money that's got used to easy gains. There'll be a trigger at some point soon that will spook all the retail money and turn into a sharp collapse with repeated circuit breakers as panic sets in.

I was thinking this was 2-3 years away, but all the publicity around the GME nonsense has made it more likely to happen sooner imo. Probably this year given how overheated the markets are atm.

Personally I have so much disposable income at the moment I don't lose either way, big fall? Buy! Continued gains? Win!

Wondering if that Pratt & Whitney exploding this weekend will give RR a bump...

You've put into words what I was thinking. The retail in-out seems pretty correlated with bull and bear movement. Cause or effect I'm not sure, but it looks like a pretty good indicator from my perspective.

tlrBeta · 22 Feb 2021 at 14:24

Full allocation here also - £200.

Bes · 22 Feb 2021 at 14:26

Argo taking a right kicking at the moment. Inevitable it was going to retrace from such aggressive appreciation Going to try and catch this on the bounce. Could be an expensive mistake.

mid_gen · 22 Feb 2021 at 14:35

Mining stocks getting absolutely battered.....what's the news?

Doggie2k · 22 Feb 2021 at 14:35

NSDQ100 is taking a dip as well. My small stake in cardono has been like a yoyo today but the drop in bitcoin though wow! Now thats some correction.