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Skip Donoghue said:
Everything is a sea of red, NIO needed a pullback so not surprised I don't see it going lower than high 30s though

I find weed stocks hard work, they take off 5-10% and a few days later lose all their gains, to volatile for me
Did you know around 40-50% of medical cannabis is manufactured from the UK (someone's making a lot of money), it does make me wonder sometimes why we have such antiquated ideas about it
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I never knew that at all mate. Very surprised!!

Every man and his dog does it here, even before it was legalised. I was in shock when I arrived, I spent so long in the UK where the media and government demonised it that I had to rub my eyes a bit. Now I realise its an amazing drug and should be legal everywhere

As for the weed stocks they got smashed, I guess with the vaccine talk it took the heat off the weed. A lot of pump and dumps going on. Aurora is big here but a bad rep amongst investors

Agree about Nio too. I've been holding a while, I'm not going to sell that even if it reaches the sky.

My dirty oil stocks rallied a bit while everything went down. I guess that's the beauty of diversification

Are you self investing!?
 
I'm no cynic but... said:
Or Interactive Investor. Much the same.
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I’m on Freetrade as a newbie. Not particularly impressed, but seems easy to use and I should be getting a free share in a few days after referring someone.

(if anyone wants to use the app, could grab a referral code from me and we will both get a free share between something like £3 and £200)
 
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Crouchinho said:
I never knew that at all mate. Very surprised!!

Every man and his dog does it here, even before it was legalised. I was in shock when I arrived, I spent so long in the UK where the media and government demonised it that I had to rub my eyes a bit. Now I realise its an amazing drug and should be legal everywhere

As for the weed stocks they got smashed, I guess with the vaccine talk it took the heat off the weed. A lot of pump and dumps going on. Aurora is big here but a bad rep amongst investors

Agree about Nio too. I've been holding a while, I'm not going to sell that even if it reaches the sky.

My dirty oil stocks rallied a bit while everything went down. I guess that's the beauty of diversification

Are you self investing!?
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I looked at Aurora but it seemed to gain 8-10% and within a week it would lose its gains and the cycle would continue and as I'm not really interested in trading just investing I decided to avoid it

I am self investing but most of my investment is in NIO now, I also have some in various cloud software companies but I'm tempted to close them and move it elsewhere, but I've not seen anything as of yet,
NIO has been so good so far its spoilt me really and I think I'm judging everything against it and I know stocks don't do what NIO has done but I can't stop looking for the next one, which I may never find of course
 
Skip Donoghue said:
I looked at Aurora but it seemed to gain 8-10% and within a week it would lose its gains and the cycle would continue and as I'm not really interested in trading just investing I decided to avoid it

I am self investing but most of my investment is in NIO now, I also have some in various cloud software companies but I'm tempted to close them and move it elsewhere, but I've not seen anything as of yet,
NIO has been so good so far its spoilt me really and I think I'm judging everything against it and I know stocks don't do what NIO has done but I can't stop looking for the next one, which I may never find of course
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That's the only reason I'm in the green! I should have bought in the $5s but didn't get going because of work commitments. I am holding 300 averaging around $13, I did a few flips with it at 7s and 9s and sold for profits then hopped back in again. I'm holding it long term also. I wish I got 600 instead or even a 1000. Hindsight and all that bollocks. I chose Tesla at the split rather than going beserk on Nio.

Aurora is iffy , its got a bad rep. It could boom one day but their latest earnings were shite too

I'm tempted to go into some lithium/cobalt/graphine type stocks but picking and choosing the right one is the key
 
Skip Donoghue said:
I looked at Aurora but it seemed to gain 8-10% and within a week it would lose its gains and the cycle would continue and as I'm not really interested in trading just investing I decided to avoid it

I am self investing but most of my investment is in NIO now, I also have some in various cloud software companies but I'm tempted to close them and move it elsewhere, but I've not seen anything as of yet,
NIO has been so good so far its spoilt me really and I think I'm judging everything against it and I know stocks don't do what NIO has done but I can't stop looking for the next one, which I may never find of course
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I took the plunge with NIO earlier in the week and bought in on that slight dip. It’s having a good day so far today and my investment in it is already up over 10%. Obviously it’s very early days yet and there will be plenty of dips in the road. I just wish I’d seen your tip earlier. If I’d chucked half my pension fund into it back in April, I’d more or less be a millionaire now! Purely hypothetical because I wouldn’t expose 50% of my portfolio to a single stock or fund even, but I’m now thinking of increasing my exposure from 5% to 10%.
 
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Skip Donoghue said:
I looked at Aurora but it seemed to gain 8-10% and within a week it would lose its gains and the cycle would continue and as I'm not really interested in trading just investing I decided to avoid it

I am self investing but most of my investment is in NIO now, I also have some in various cloud software companies but I'm tempted to close them and move it elsewhere, but I've not seen anything as of yet,
NIO has been so good so far its spoilt me really and I think I'm judging everything against it and I know stocks don't do what NIO has done but I can't stop looking for the next one, which I may never find of course
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We have got a good one in Nio mate, check out Xpeng too. Hold for gold
 
easyJet is also good investment right now in my opinion, if you have spare cash its a very good time to be investing with a lot of the markets low, good companies will generally speaking come good and be profitable in the long run, I also tend to look at dividend paying companies.
 
M18CTID said:
I took the plunge with NIO earlier in the week and bought in on that slight dip. It’s having a good day so far today and my investment in it is already up over 10%. Obviously it’s very early days yet and there will be plenty of dips in the road. I just wish I’d seen your tip earlier. If I’d chucked half my pension fund into it back in April, I’d more or less be a millionaire now! Purely hypothetical because I wouldn’t expose 50% of my portfolio to a single stock or fund even, but I’m now thinking of increasing my exposure from 5% to 10%.
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The way I see it at the min NIO is riding the coat tails of XPENGs earnings report who by the way shot up close to 30% yesterday, Li autos also have there earnings released today I think, And were trading up around 20% after hours which may see NIO jump again, as they say a rising tide lifts all boats
NIOs earnings is next Tuesday, they usually have a pullback after earnings, even when the report is good, this time I don't think there will be a pullback, but I also am wondering how much is already baked in with this recent jump and so we may only see slight gains
But the big one that could push it up another 15% or so is the increase in production that has started this month, they are now running 2 shifts which means an increase to possibly over 10k cars a month, if this is confirmed in earnings we may see a decent jump in SP
So hopefully we will see another nice jump
 
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Worzel Gummidge#9 said:
We have got a good one in Nio mate, check out Xpeng too. Hold for gold
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I looked at XPENG mate, but when it IPO, its was looking at around $15 which I thought was a good entry, but it shot up over $20 on opening and never came back, I thought it was overpriced to be honest, but hindsight and all that there you go
On another note I was also wary of jumping into XPENG because of Goldman Sachs, they were the under writers for the IPO and I don't trust them one bit, (there analysist still has NIO at $7 and sell to this day) they did this to panic NIO holders into selling and some fell for it all the while GS increased its holding in NIO, this left a bad taste with me, so when I heard XPENG were in bed with GS it put me off
 
Worzel Gummidge#9 said:
easyJet is also good investment right now in my opinion, if you have spare cash its a very good time to be investing with a lot of the markets low, good companies will generally speaking come good and be profitable in the long run, I also tend to look at dividend paying companies.
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easyJet have bought loads of fuel whilst it was low. Very good investment I would say.
M18CTID said:
I took the plunge with NIO earlier in the week and bought in on that slight dip. It’s having a good day so far today and my investment in it is already up over 10%. Obviously it’s very early days yet and there will be plenty of dips in the road. I just wish I’d seen your tip earlier. If I’d chucked half my pension fund into it back in April, I’d more or less be a millionaire now! Purely hypothetical because I wouldn’t expose 50% of my portfolio to a single stock or fund even, but I’m now thinking of increasing my exposure from 5% to 10%.
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"Dips in the road".

Like!
 
Crouchinho said:
That's the only reason I'm in the green! I should have bought in the $5s but didn't get going because of work commitments. I am holding 300 averaging around $13, I did a few flips with it at 7s and 9s and sold for profits then hopped back in again. I'm holding it long term also. I wish I got 600 instead or even a 1000. Hindsight and all that bollocks. I chose Tesla at the split rather than going beserk on Nio.

Aurora is iffy , its got a bad rep. It could boom one day but their latest earnings were shite too

I'm tempted to go into some lithium/cobalt/graphine type stocks but picking and choosing the right one is the key
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I'm looking at battery companies at the moment CATL and CBAT are the 2 I've looked at NIO use CATL and are quite well established
but CBAT is only around $3/4 a share at the min, and they are looking to develop a tabless battery, which will allow greater power, less heat build up etc for similar sized battery basically more efficient (Tesla are also developing one)

The thing with the big tech companies is they will look at developing their own batteries, (like Tesla) but will they outsource or do it in house? does this mean the battery companies could be ripe for takeover?

I'm not ready to jump in yet with CBAT a bit more DD needed but I think that's were I'm going to look and I'm deffinately keeping my eye on it

I think lithium, Cobolt etc could be worth a good look as EV production ramps up, if you find anything let me know
 
Skip Donoghue said:
I'm looking at battery companies at the moment CATL and CBAT are the 2 I've looked at NIO use CATL and are quite well established
but CBAT is only around $3/4 a share at the min, and they are looking to develop a tabless battery, which will allow greater power, less heat build up etc for similar sized battery basically more efficient (Tesla are also developing one)

The thing with the big tech companies is they will look at developing their own batteries, (like Tesla) but will they outsource or do it in house? does this mean the battery companies could be ripe for takeover?

I'm not ready to jump in yet with CBAT a bit more DD needed but I think that's were I'm going to look and I'm deffinately keeping my eye on it

I think lithium, Cobolt etc could be worth a good look as EV production ramps up, if you find anything let me know
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Yes mate I will keep you in the loop if I see any good stuff pop up/recommended. I actually bought into RIDE (Lordstown motors) just 40 shares. I should have bought at open by then I paid $2 more and it dropped a buck. Not too arsed it may boom when they release their pick up truck next year

As soon as more contribution comes into play I can do some serious thinking about the battery front. I've got a few tickers on the watchlist but they're penny stocks right now and they're on the TSX. If I see any big movements I will post them up, they have been static for a few months. I've been raped a few times with reverse splits so been trying to steer clear of penny stocks
 
Well NIO took a battering yesterday, due to a report which was very wishy washy from Citron (no real facts) who are well known for shorting stock, they have form for it with other stocks over the years and the owner has been banned from the HK stock exchange due to there under hand tactics
It was a very coordinated short attack which probably involved one or more of the big boys also which in turn panicked retail investors into selling, forcing the price down, anyone who sold fell big time for what was nothing more than a shaking of the tree

I expected NIO to pullback anyhow but I didn't expect it to reach $54 either so for me it's trading roughly where I expected it to be
The other thing that the finance media haven't mentioned, is the fact Bridgewater the biggest hedgfund in the world significantly increased its position in NIO yesterday to over $33mn in shares, now if they accumulated yesterday you can guarentee the other big players did

To summarise IMO with earnings due next Tuesday I recon NIO will be back over $50 by the end of next week,

Also keep your eyes on CBAT, I mentioned them yesterday they went up 54%

All IMO obviously
 
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Skip Donoghue said:
Well NIO took a battering yesterday, due to a report which was very wishy washy from Citron (no real facts) who are well known for shorting stock, they have form for it with other stocks over the years and the owner has been banned from the HK stock exchange due to there under hand tactics
It was a very coordinated short attack which probably involved one or more of the big boys also which in turn panicked retail investors into selling, forcing the price down, anyone who sold fell big time for what was nothing more than a shaking of the tree

I expected NIO to pullback anyhow but I didn't expect it to reach $54 either so for me it's trading roughly where I expected it to be
The other thing that the finance media haven't mentioned, is the fact Bridgewater the biggest hedgfund in the world significantly increased its position in NIO yesterday to over $33mn in shares, now if they accumulated yesterday you can guarentee the other big players did

To summarise IMO with earnings due next Tuesday I recon NIO will be back over $50 by the end of next week,

Also keep your eyes on CBAT, I mentioned them yesterday they went up 54%

All IMO obviously
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I presume CBAT is Cbak? Their shares are currently up by nearly 60% today on top of that 54% rise on Friday! I’ve sold off another 5% approx of my SIPP portfolio to invest in NIO but might use some of it to buy into Cbak now. I’m just waiting for the friggin’ funds to clear first!
 
M18CTID said:
I presume CBAT is Cbak? Their shares are currently up by nearly 60% today on top of that 54% rise on Friday! I’ve sold off another 5% approx of my SIPP portfolio to invest in NIO but might use some of it to buy into Cbak now. I’m just waiting for the friggin’ funds
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I missed the CBAT train. Great pick to @Skip Donoghue

Tesla is going to hit the S&P500. The after hours went up to $460. Pre-market should be eye opening too
 
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