Jubilee Metals Share Discussion Threads

[plat hunter] 21/9/2020 09:10

ITV and WPP getting battered.It's started imo... dyor

[lostabillion] 21/9/2020 08:40

Just bought another 520000 :—)

[kennyp52] 21/9/2020 08:30

I can sell all 750,000 at 5.9336 ... buyers are out there it seems .

[ribblepanda] 20/9/2020 18:34

Plat

Thanks for the explanation. This makes more sense. I thought I had missed some crucial link between Covid and JLP but your trading context and style provides rationale.

From my perspective JLP, SLP and Physical Platinum ETCs are a total 10% of my overall holding built up over the last few months. When BJ and his muppets show their hand in the way that they have in these last weeks then I tend to agree with the bearish bias (though keeping in the back of my mind that no deal Brexit = weaker £ and can put a floor under the market) and my instinct is to sell specific UK & Euro sectors rather than to close any JLP.

Just a different approach.

GLA 🙏

[ribblepanda] 20/9/2020 16:37

Plat....agreed and of course liquidity is an issue. However, you would lose out on the upside asymmetry of the trade if you turned out to be wrong on overall market direction. As such it still makes more sense in my mind to hedge individual highly rated stocks or a portfolio thereof against indices where a macro opinion is in play. As long as you have additional cash to ride out downside outperformance then why bail out on the high quality stock - unless perhaps technical levels are an additional factor.

Maybe I have missed something?

[plat hunter] 20/9/2020 14:06

Low yields on the guilts, equals volatility in stocks.The world still needs to create and crystallise gains somehow.

[plat hunter] 20/9/2020 14:05

Because they're both correlated with the exception that JLP has the disadvantage of the Beta over the index during a correction.You'd be fine in a rising market but in sell off, it won't be much of an out performance, not whilst you have cash as an option anyway

[ribblepanda] 20/9/2020 12:07

Very much enjoying both the valuable insights and inane banter on this thread. I am in JLP for just over £10k as part of much broader macro strategy.

Quick comment on UK Covid news being a factor in selling out of JLP. This makes little sense to me. Why not just sell a UK index up to the same value as JLP and run as an outperformance trade.

[plat hunter] 20/9/2020 10:26

I amazed you've not been signed as a prop yet Deme.You da boss

[lostabillion] 20/9/2020 10:01

Fair enough Deme1.

Onwards & upwards.

[deme1] 20/9/2020 09:50

Has Jlp moved into oil now Plat?

Someone is desperate :)

Losta, my trading pot has suffered very few losses. Yes I buy back fewer share sometimes yet I always bank the profits from the sale.

I have a main pot I do not touch and a trading pot that gets flipped pretty often these days. Each time it's flipped I bank anyway between £1k and £2k profit and buy £25k back. The majority of the time I buy back at a lower price sometimes I have to pay a little more.
That does not detract from the main aim of selling to take a profit above £25k. My trading pot even with me trading so often has not gone below £25k in months.

GLA

miners are in a real sweet spot at the moe

[plat hunter] 20/9/2020 08:13

China's imports of crude oil have been trending much lower in September than in the past four months, while the rest of Asia is also significantly slowing imports this month with demand still under pressure, IHS Markit said on Friday.   Crude oil discharged at Chinese ports in the last two weeks were below 8 million barrels per day (bpd), at levels similar to what China imported in March and April, Fotios Katsoulas, Liquid Bulk Principal Analyst, Maritime & Trade, at IHS Markit, said in an analysis.

[lostabillion] 20/9/2020 07:50

TheBull, my point was that deme1 as far as I can see has had a string of bad luck with mis-timings of trades. He appears to sell then starts freaking out with quotes like “placing coming” or “this is a dog of a share” bla bla.

Then swings straight back to “RNS on Monday” bla bla when he’s bought back in (typical hymn book stuff).

If he’s of such a nervous disposition then imo he should just hold and sit tight as you really can’t go wrong holding here in my opinion.

I often mention my trades here but quite frankly I’d imagine no one give a hoot whether I’ve added or how many I currently hold.

[the bull] 20/9/2020 00:32

Remember Losta, you shocked the whole Jubilee community several weeks back when you revealed you had a trading pot. Everyone is free of course to trade exactly how they wish but it was a bit of a shock to find out Admiral Losta was selling some Jubes

[plat hunter] 19/9/2020 21:01

Tintins an idiot...


The rest of us know exactly what you've been up to and how you came out of it and now you're spending all weekend fretting about it.


You need some diversification in your life Deme, you're just being a punter here

[deme1] 19/9/2020 20:13

9tintin

some peeps don't understand ;)

[9tintin] 19/9/2020 19:38

Keep losing??

If you sell for more than you bought the shares for - how is that losing?

If the share price keeps going up after you have sold, then you make less of a profit, but to say Deme is losing maoney is misleading.

I sold a tranch at 5.5p and another at 6p - I made a profit on the trades.

I'm happy with that, after all this is Jubilee,,,,,,,,,,,,,,,,,,,,,,,,,

tintin

[danieldanrichardson] 19/9/2020 14:27

With you there Losta..

[lostabillion] 19/9/2020 14:26

Deme1, if you’d simply held instead of trying to day trade you wouldn’t keep losing!

You seem extremely nervous every time you buy or sell?!?

Just buy and hold and you can’t go wrong imo.

[plat hunter] 19/9/2020 14:08

I can't sign in to AJ Bell anyone else have any bother?

[niloc4] 19/9/2020 11:04

Plat Hunter makes more profits at the caravan park swallowing big sausages.