Investments, stocks, shares

[DennisNedry]

The EEE stock has crashed so strongly that the directors have issued a statement:

 

https://uk.advfn.com/stock-market/london/empire-metals-EEE/share-news/Empire-Metals-Limited-Company-Update/96824685

[The Bear]

2 hours ago, StanSP said:

Was it constantly on the up, or did it have any/many dips? 

A couple of early dips in January/March then a massive jump up again in May. 

 

Certainly the dips were a couple of dollars down swing each time after starting the year at around $1. 

 

 

[ramboacdc]

3 hours ago, DennisNedry said:

The EEE stock has crashed so strongly that the directors have issued a statement:

 

https://uk.advfn.com/stock-market/london/empire-metals-EEE/share-news/Empire-Metals-Limited-Company-Update/96824685

Did well for them. It rallied for 30 minuts and dropped again. Losing  near 52% of your value in 7 days must not be fun.


I stick to my 2 pre built pies. I dabbled into this EEE for a craic and paid the price. The other 2 I have are currently working OK for me. Using them as my S&S ISA for my future. I bet for anyone putting in a lot more than me, they would be making good little dividends 30-60 days after being bought in. I get 3 or 4 a day

(Almost) Daily Dividends https://www.trading212.com/pies/l71F6icdzo20p2U4j4BpssFKYhNY

UK Income Factory https://www.trading212.com/pies/l71f6ICDZO20Prxk6S7vxtE5S9zW

 

[Grebfromgrebland]

3 hours ago, DennisNedry said:

The EEE stock has crashed so strongly that the directors have issued a statement:

 

https://uk.advfn.com/stock-market/london/empire-metals-EEE/share-news/Empire-Metals-Limited-Company-Update/96824685

They'll need to mention that it tanked due to me buying some of their shares.

[The Bear]

It all started going really bad when I cashed out at 60p!

 

Bloody part time investors 

[EnderbyFox]

EEE up 20% today & buy orders suspended on T212, never seen that before 

[Stevosevic]

7 minutes ago, EnderbyFox said:

EEE up 20% today & buy orders suspended on T212, never seen that before 

What does suspended buy orders mean? Didn’t know that was possible 😂 

[ramboacdc]

13 minutes ago, Stevosevic said:

What does suspended buy orders mean? Didn’t know that was possible 😂 

Anything volitle like going up 20% in moments will have buys suspended by the broker that Trading 212 use. Also to reduce their own risk. 

[The Bear]

Time to buy back in? 

[Tommy G]

Somebody is shorting the stock!

[EastAnglianFox]

Dipping my toe back in….i still believe 

[EnderbyFox]

Me this week

 

[bmt]

4 hours ago, Stevosevic said:

What does suspended buy orders mean? Didn’t know that was possible 😂 

They did it (imo completely fraudulently) during the gamestop/meme stock period, completely fvcking over retail investors in favour of hedgefunds.

[Spiritwalker]

9 hours ago, EastAnglianFox said:

Dipping my toe back in….i still believe 

I’m currently transferring some more of my work pension into my sipp

as soon as it’s in I’ll be buying more eee. I just wish it would hurry up.

 

[CornwallFox]

14 hours ago, Spiritwalker said:

I’m currently transferring some more of my work pension into my sipp

as soon as it’s in I’ll be buying more eee. I just wish it would hurry up.

 

This sounds like horrific planning. Don't get me wrong, it could well work for you, but lumping your pension funds into one up and coming stock is like building your forever home on the edge of a cliff.

[Tommy G]

13 minutes ago, CornwallFox said:

This sounds like horrific planning. Don't get me wrong, it could well work for you, but lumping your pension funds into one up and coming stock is like building your forever home on the edge of a cliff.

I'd agree but depends on the guys age. 

 

I'm no expert but I'd be directing my SIPP into some blended funds not individual AIM listed newco's, its so risky.  

[CornwallFox]

1 minute ago, Tommy G said:

I'd agree but depends on the guys age. 

 

I'm no expert but I'd be directing my SIPP into some blended funds not individual AIM listed newco's, its so risky.  

Tbh I just buy into an S&P 500 ETF monthly usually. Go for safe and simple.

Eee is an anomaly for me but I've only got a few hundred in that.

[Tommy G]

1 minute ago, CornwallFox said:

Tbh I just buy into an S&P 500 ETF monthly usually. Go for safe and simple.

Eee is an anomaly for me but I've only got a few hundred in that.

Yeh it's reasonable to invest outside of your SIPP or WBP in individual stock but I'd be cautious using pension as a vehicle to invest in individual stock, but each to their own and risk appetite. 

[Spiritwalker]

2 hours ago, CornwallFox said:

This sounds like horrific planning. Don't get me wrong, it could well work for you, but lumping your pension funds into one up and coming stock is like building your forever home on the edge of a cliff.

Most of my pension is invested in a mixed global fund. I said I was moving some of it into my

SIPP and would use that to top up my EEE which has massively outperformed my global fund

even taking into account the recent dip.

[CornwallFox]

1 hour ago, Spiritwalker said:

Most of my pension is invested in a mixed global fund. I said I was moving some of it into my

SIPP and would use that to top up my EEE which has massively outperformed my global fund

even taking into account the recent dip.

Fair enough mate 👍🏻

Just didn't read that way so was worried for you 

[VLC86]

Looking for some advice if anyone has ever done this…

 

Ive got a sharesave scheme maturing and I’ve been told I can transfer it into a stocks and shares ISA to avoid paying the capital gains tax. The question is, is it correct that it doesn’t need to stay in there for any period of time to avoid this? And, if I transfer this out in a day realistically do you think I’ll lose any? I know the second bit is very hypothetical.

[Bellend Sebastian]

2 minutes ago, VLC86 said:

Looking for some advice if anyone has ever done this…

 

Ive got a sharesave scheme maturing and I’ve been told I can transfer it into a stocks and shares ISA to avoid paying the capital gains tax. The question is, is it correct that it doesn’t need to stay in there for any period of time to avoid this? And, if I transfer this out in a day realistically do you think I’ll lose any? I know the second bit is very hypothetical.

My understanding is that everything you have said is possible but this stuff is very scheme specific and basically you need to check with the rules of your arrangement because sometimes there are exclusions

[Zear0]

46 minutes ago, VLC86 said:

Looking for some advice if anyone has ever done this…

 

Ive got a sharesave scheme maturing and I’ve been told I can transfer it into a stocks and shares ISA to avoid paying the capital gains tax. The question is, is it correct that it doesn’t need to stay in there for any period of time to avoid this? And, if I transfer this out in a day realistically do you think I’ll lose any? I know the second bit is very hypothetical.

Where I used to work had one.  But yes, you can move it in there and cash it out immediately with no CGT if it's under the limit (including other investments).  Most of the time ours matured near April so you could get two years of CGT allowance in the 90 days window.   You won't lose any, but it does sometimes take a few days to appear in the S&S ISA and then clear.

[VLC86]

4 hours ago, Bellend Sebastian said:

My understanding is that everything you have said is possible but this stuff is very scheme specific and basically you need to check with the rules of your arrangement because sometimes there are exclusions

Cheers, My scheme will allow it.

3 hours ago, Zear0 said:

Where I used to work had one.  But yes, you can move it in there and cash it out immediately with no CGT if it's under the limit (including other investments).  Most of the time ours matured near April so you could get two years of CGT allowance in the 90 days window.   You won't lose any, but it does sometimes take a few days to appear in the S&S ISA and then clear.

Nice one, this is what I was expecting.

[lcfc sheff]

EEE back up to 50p!