Velocys Share Discussion Threads

[gac141] 09/2/2017 10:26

I'm with you on this EJ- It does concern me where all this is going. However I hate to say that I may have to get used to it... Anyway..I like that fact that Velocys is doing something for the community and will do so for many years across the globe; in areas where they particularly need it too.

[runthejoules] 08/2/2017 21:21

Thanks Chadders: I've got about 20 shares across 75 1/2k. I've chopped and changed too much and am trying to pick keepers: growth and dividend stocks or growth and takeover targets. I should have thought more about what my strategy was with this one - good long term prospects, believe in the story, but will have longish periods with no news. Have had same problem with Bacanora. Think I should be trading half, keeping half as core holding.

[chadders] 08/2/2017 20:35

rtj, best tip from me (not intended to be advice btw) is to build and manage a portfolio so you don't focus on a single share or have overly short-term objectives.

[runthejoules] 08/2/2017 19:03

AH MAN. Using a BB as a support group alert so if not interested don't read.

What just happened to me today? I got given a load of free money this morning - £2.3k profit. Now I was ready to sell this morning, so why didn't I just take it as a great payday for a couple of week's work researching, watching this share price & deciding what to do next. But instead of taking that when I knew I should and cashing out, I somehow took the lesson of my topslicing too early at yesterday's open and convinced myself there might be more to come. Like, three days after the news. Now, I'm sure there is, longterm, but short-term? Why, psychologically, didn't I just cash out on its evident failure to break 100p and a low spread, knowing that at least 10% of other investors would do too? Or put a stop loss on to protect most of my profit.

Anyway, didn't even topslice, just watched it slowly going down all day. So, now I'm about £700 down on the day on this stock. Probably peanuts to you lot! It is interesting to hear from one who bought at £1.50 not 'slicing' at this particular juncture, though there's no logical reason for you not to. I'm sure those who bought in at about 40p are less bothered about trading the fall, although again, same amount of money involved. The psychology is interesting and problematic. My problem is falling in love with the stock & its long-term prospects and not simply trading the daft steepness of the rise - whether I stay in or not has no effect whatsoever on how the technology progresses. Anyway, it is interesting to hear the different approaches. I am too impatient to sell when things are going badly and not impatient enough to sell when things are going well. Does anyone have any tips for motivating yourself to stay focused and actually do it and hit the button?

[fluky] 08/2/2017 18:47

Thanks, AD. That timing makes sense. The ENVIA plant took 21 months from ground breaking ceremony until start-up.

[arf dysg] 08/2/2017 18:20

fluky, my quotation of part of the Cathay Pacific article does include the phrase "starting in 2019", which sounds similar to your comment of "a couple of years".

[gac141] 08/2/2017 17:43

On Cathay. I think we may find plants being built much quicker so FID to startup could be 18 months or maybe slightly less. The new generation of plants will have much smaller footprint so will be much faster built.

See this by Paul-

A 5000 bpd plant on just.8 acre !

[gac141] 08/2/2017 17:33

No is my answer. I bought my most expensive at 153p for a small SIPP and still hold them. Let's see what more news Velocys has to offer in the weeks and months ahead.... one day I hope Velocys will help me retire or at least part retire.
Actually I did buy some at 221 but sold at about 190 which I probably chose to forget.

[fluky] 08/2/2017 17:33

Cathay will have to wait a couple of years before that happens...Fulcrum is about where Red Rock Biofuels is...the pre-FID stage.

[arf dysg] 08/2/2017 17:27

Cathay Pacific is planning to use biofuels.




Hong Kong flag carrier Cathay Pacific will switch to biofuels made from landfill rubbish on select long haul flights
[...]
Cathay flights to Hong Kong from the US, where the new fuel is produced, will use a combination of conventional jet fuel and biofuels starting in 2019, the South China Morning Post reported.

The carrier had invested in the US-based sustainable biofuel developer Fulcrum BioEnergy, which converts municipal solid waste into aviation fuel, in 2014.


hxxps://phys.org/news/2017-01-cathay-pacific-emissions-biofuel.html

[dogwalker] 08/2/2017 17:24

Thanks for the reply, chadders. As a thought, I wonder if those who bought at £1.50 & more will be 'slicing' at this particular juncture.

[chadders] 08/2/2017 16:15

Dogwalker, each to their own but I have the opposite view because nothing keeps going up in a straight line. I don't take money out of my portfolio when I sell, I reinvest and if a share I buy isn't doing well I will average down if I think it still has the same prospects. I certainly don't get it right every time but by and large my portfolio maintains a slight upward trend.

[runthejoules] 08/2/2017 14:16

Shrout I think you did exactly the right thing and I should have done the same thing, been more of a shark. Even if you believe in the company, if a share price in unbelievable to you you should take some stress off the table so you can sleep at night!

[realfreeloader] 08/2/2017 13:35

tongosti -"(by the way jim slater's book is a very poor version of legendary peter lynch's "one up on Wall Street")" thanks I will take a look at that am always happy to learn.

[shrout] 08/2/2017 11:42

Top sliced a few this morning.. loss of nerve.. wobbly knees.. after 150% rise since purchasing early Jan.

It's always a shame when you feel you have to do this... opportunities like this don't come around too often. Anyway, still in with 2/3 of my original stake.

[tongosti] 08/2/2017 11:39

Whoever thinks a poster may move the market by talking a share up or down is naive at best and an absolute ... at worst. I don't entertain such ideas genius but yes I only try to make money long or short. Sorry if my thoughts contradict the blue sky thinking on this board at the moment.

[goodgrief] 08/2/2017 11:30

tongosti - 08 Feb 2017 - 11:02 - 33 of 34 - 1"Gac - I am indeed out and it is true that I missed a good trading opportunity (who hasn't in this game).I trade in and out of story stocks but never confuse them with investing in sound and sustainable businesses."Gac, he's a 'positional poster'. He'll talk a stock up when he's holding, and he'll talk it down ahead of buying or after selling. He's probably a pensions advisor!

[runthejoules] 08/2/2017 11:20

Yep, I fear I should have topsliced again when it hovered above 100 - I'm trying to develop a policy of selling at about 10% below the target price so I don't get caught out, especially if it goes too high too soon (as it did with NVDA) - there & spread was deliciously low, but I never expected it to jump up again this much this morning. So maybe there will be institutional interest again tomorrow, or a mention in Shares the mag itself, or another partnership - you don't know with this stock, so I'm holding on. I'm sure there will be a tree shake at some point but it's not rocketing down now so I'm guessing most still involved are investors (or re-investors) & believers in the technology & team rather than news-sellers.

So sorry to go off-topic but which other growth stocks are doing well for others at the moment? EMH has been doing the business recently.

[tongosti] 08/2/2017 11:02

Gac - I am indeed out and it is true that I missed a good trading opportunity (who hasn't in this game). Having said that you have been buying all the way down from 200p+ so don't start thinking of yourself as a genius yet as you have a lot to make up for sweetheart. My argument is still the same: this is a story stock (by the way jim slater's book is a very poor version of legendary peter lynch's "one up on Wall Street"). If you ever bother to read the latter, you would understand that "story stocks" (which VLS still is) have been around for a long time (and always will) and are best avoided. They may or may not make it. For every Apple there is a multitude of failures. Read my argument carefully as opposed to getting euphoric on the back of a long awaited move off he share price's multiyear lows. I trade in and out of story stocks but never confuse them with investing in sound and sustainable businesses. Good luck pal

[dogwalker] 08/2/2017 10:45

Surely 'going well' by the company is 'de-risking' in itself, chadders? Shouldn't you be buying more when that happens?

[chadders] 08/2/2017 09:44

For me top slicing is an important part of my investing strategy. When a share like VLS starts rocketing it can quickly turn to an overweight position. I like to de-risk under these circumstances by taking some profit and investing in something else that I currently hold or is on my watch list. In this case the top sliced profits have produced good returns elsewhere but it doesn't always work out. It's a peculiar balancing act because I mainly invest in speculative technology shares (with a rational story, leading technology and a realistic chance) but I'm keen to de-risk when they go well.

[gac141] 08/2/2017 09:21

Nothing wrong in top slicing. The difficulty here is knowing when the top is.
Velocys have plenty more to offer us.
We must savour the importance of East Oak and the legacy and commercial relevance for the future of our business.
However be very much aware that Davidvand the team have already moved onto the next set of priorities that will push the share price much higher.

Good times!!!